The client

Age 60+; has $150,000 from a large build up in a Non-Qualified Variable Annuity; being offered 155% of value between cash value and income account value; views proceeds as growth or emergency money.

The situation

Do you have clients with nonqualified annuities you’re unable to move due to a high guaranteed interest rate?

A solution

To address the specific concerns of the client, recommend Indexed Annuity Care®, base policy only.

This solution offers the client on $150,000:

• The ability to access gain tax-free for extended care or LTC events
• A 50.5% tax-free income stream for 24 months ($6,313 a month) for qualifying LTC expenses
• Can add a spouse or other insured giving both access to the full monthly benefit
• Guaranteed factors increasing annually to determine benefit amount before triggered
• Retain access and control over the assets just like in current annuity
• No medical underwriting or cognitive phone interview for base policy only
• Ability to add a rider doubling pool of assets or getting lifetime coverage (requires cognitive phone interview)