Your Clients Already Own Annuities...Now What?
We all know the story about annuities -- they can provide great benefits to clients, however, traditional annuities are often loaded with commissions and fees that make them expensive. According to Morningstar, the average M&E expense for a variable annuity is 1.25%; when you add in the cost of investments, riders and hidden fees, some annuities can cost more than 4.00%.
It's likely that many of your clients already own at least one annuity. So, what do you do?
DPL's team of experienced consultants can help you analyze annuities your clients already own to determine if there is a more cost-effective alternative. With DPL, you have access to repriced, Commission-Free annuity products that don’t eat into the benefits with high fees. We'll run analysis and illustrations so you can make the right choice for your client.
3 Reasons to Consider a Tax-Free 1035 Exchange
- Lower product costs can save up to 80% vs. average M&E of 1.25%
- Lock in a Death Benefit for policies with large growth
- Access a tax-efficient distribution strategy
Call 888-327-0049 to learn more about how DPL can help you add value to your clients' existing insurance through a 1035 exchange.