Please ensure your web browser is up to date. For the best experience, we recommend using Google Chrome.
For Producer Use Only
Newswire: Internal transfers help clients keep their goals seamlessly on track
INTERNAL TRANSFERS HELP RETAIN AND REPOSITION BUSINESS
Internal transfers can be a win-win for you and your clients
With an array of EquiTrust fixed and fixed index annuities on tap, an internal transfer of their EquiTrust contract could offer your clients robust advantages. The good news is you can help them achieve their goals as you continue to earn full compensation.
?
What contracts are eligible?
Internal transfers must meet the following guidelines:
They’re available on EquiTrust traditional fixed and fixed index annuities outside the surrender charge period.
Money can be transferred to any currently offered EquiTrust product, except Confidence Income®.
Partial transfers are allowed from out-of-surrender traditional fixed and fixed index annuity contracts.1
?
For example, you may have a client who's ready to reposition a MarketSeven Index® Annuity and who also needs long-term care (LTC) coverage. Completing an internal transfer to Bridge ® — a fixed index annuity that includes riders to provide LTC coverage, plus a personalized wellness program — could be a great solution.
Full compensation for you
A full application packet is required, including internal transfer forms and applicable state-specific internal replacement forms. And as the writing agent submitting the required paperwork, you’ll receive full compensation.
Get answers to FAQs about internal transfers
Take a look at this flyer to get more details about our internal transfer program, including answers to frequently asked questions (FAQs).
We've increased premium bonuses by 2%2 on select FIAs through March 31, 2024. Help clients jumpstart their retirement income strategy with a bigger bonus!
1 Internal transfers of the penalty-free portion of an inforce annuity while still in the surrender charge period are not allowed.
2 Premium bonus on MarketForce Bonus Index™ increased by 3% in CA.
EquiTrust does not offer investment advice to any individual or agent/producer and this material should not be construed as investment advice. Products underwritten, issued and distributed by EquiTrust Life Insurance Company, West Des Moines, Iowa.
