Most people want to invest but they don’t want to lose a lot. They need security and a high rate of return. One purchase that can meet these objectives is a pre-owned annuity. Many people own the rights to annuities that guarantee monthly income, sometimes for terms of up to 50 years. Some of these…
The world of finance and investments is both crucial and complicated. What we do with our money is intensely personal but frankly it’s one of the areas of our life in which we most need assistance and help. What I have found over the 30+ years in this field is that the relationship people have…
At times I get asked for more details about what we do at our brokerage and how we help agents. Bulbrook/Drislane Brokerage has been around since 1984 and has placed over $12,000,000,000 of insurance with aggressive companies for successful agents. That is an amazing amount and we are proud of that accomplishment! We live and…
You may have heard about bonuses on Indexed Annuities and they sound too good to be true right? A lot of people think of them as “free money.” Today we will dive into the details on what these bonuses really are so you can understand their value. As I’m sure you have learned in life,…
A Single Premium Immediate Annuity, otherwise known as an Immediate Annuity is the original annuity product first introduced back in the Roman times. It must work if it has lasted all these years right? Some people think that with an immediate annuity you are just getting back your own money and that it doesn’t make…
Ever wonder if Annuities are the same thing as life insurance? I have heard this question at times and today I want to answer that for you. Annuities are issued from life insurance companies….so in essence they are life insurance products. However, annuities and life insurance are very different when it comes to taxes. Before…
Some people don’t like a lot of risk. They want an annuity that guarantees them money, same as if they purchased a CD. That type of annuity structure is called either a Multi Year Guarantee Annuity (MYGA) or a Fixed Rate Annuity. With this type of annuity there is a contractual guarantee within the policy…
When it comes to structured settlement cases, neither the beneficiary nor the defendant has a clear idea of the costs involved in the settlement. This is where a structured settlement broker comes in. This person can help both parties get a fair assessment of costs based on calculations and projections. A broker provides information which…
If you have ever won either a lawsuit or a lottery then you are most likely familiar with annuities. Annuities are used to settle these matters because instead of giving a substantial one-time amount, the awardee is provided with a series of payments depending on the amount of the payment sum. There are times though…
People often remember the negative things they see more than the positive. It is just a fact of life. There has been negative press coverage of the annuity market and people think that the coverage they see is the truth. But as we all know, there are 2 sides to every story and then the…