Annuity Marketing Through Gender Separation

These are really interesting when you break them down. The differences between how men and women look at life. Here are some thoughts.

REMOTE CONTROL. Female.... A device for changing from one TV channel to another. Male... A device for scanning through all 375 channels every 5 minutes.

COMMUNICATION

Female... The open sharing of thoughts and feelings with one's partner. Male... Leaving a note before going drinking with the guys.

Gender selling, is there a different approach? Here are my experiences: Selling annuities can also be separated based on the gender of your prospect. If you are selling to a single female (senior) safety and security is at the top of the list and trying to sell indexed annuities is not a good idea.

Single men are much the same way, generally safety and security is important and I have found that single men are always interested in how much of a monthly income they receive at some future point in time. Single females don?t seem to have this concern.

Now put them together and a whole new chemistry is developed. The male always wants to know how much can they make and to the female it is less important. In a married couples situation an indexed annuity almost always will win and it may have something to do with the hunter/gatherer/nest builder syndrome.

I am not being sexist here, but based on my experiences, men are hunter gatherers and women are nest builders. A nest builder goes through three stages, build the nest (early family), keep the nest tidy (family years) and clean out the nest (later in life).

So it is important to sell to the situation, married couples will almost always have an interest in indexed annuities because of the thoughts and needs of the male. Focus on upswing and yield as a benefit.

? Single females will almost always want safety and security and would not be a good target for an indexed annuity. Focus on safety and security.
? Single males will always have an interest in future income so focus on the benefit of annuitization.
? Married couples will almost always have more interest in how the money can grow. This can always be accessed by who is talking the most. If the husband talks the most then it is an indexed annuity sale. If it is the wife talking the most, then safety and security is the benefit to focus on.

By separating sales concepts via gender separation will in fact provide you an edge in selling annuities. Whatever you do always focus on the benefits an annuity can provide and how those benefits can be of use to your prospects.

Bill Broich is a 30 year annuity salesman who helps agents generate annuity leads. Visit his website to learn more - Annuity marketing

 

Where Do You Find A Qualified Buyer of Structured Settlement Annuity?

Finding a qualified buyer of structured settlement annuity is much easier these days thanks to the Internet. With just the click of a mouse you have access to the top note buyers in the country, and you can sell your annuity in a matter of days. It's just a question of finding the right buyer.

Many people find at the beginning or over time that the monthly payments they receive as part of a structured settlement no longer work for them. They might need an immediate source of cash, might be looking to retire or just might not want to assume the risk anymore. Whatever the case may be, there are professionals who are willing to purchase these settlements and assume the risk for you.

It's important to remember that you do not have to sell your entire note. Rather, you can tell the buyer of structured annuity settlement that you only want to sell a portion of it. This is called a partial and it is a common way of structuring the deal. Here's an example of how this works:

Let's say you have a $100,000 settlement paying over 5 years. You need $40k now for a new investment. Well you can sell $40k worth of payments (however many months that works out to be) and retain the rest of the monthly income. Once those payments are made, you resume right where you left off and start receiving your monthlies again.

There are other ways to sell as well, and a knowledgeable buyer of structured settlement annuity will be able to explain all of them to you. After hearing all of the options you can decide which works best for your particular financial situation.

How much will you get for your structured settlement?

That depends on a number of factors, including but not limited to the remaining balance, months/years left, inflationary concerns, timeliness of payments and the financial stability/reliability of the payor. The buyer of structured annuity settlement will take all of these into consideration to come up with their valuation. Remember, it has to make financial sense for them as well as they are taking on the risk of holding this annuity, possibly for many years to come.

If you're considering selling your note, make sure you find a qualified buyer of structured settlement annuity with many years of experience in the industry. This way you are sure to get top dollar for your settlement.

Jamie has been working in the finance industry for many years and is a contributing editor to http://www.selling-your-note.com. Find a buyer of structured settlement annuity and learn more about cash flow instruments on our site.

Fixed Annuity Product Sheets - What are They?

Fixed annuity product sheets can be considered to be like briefs that concisely explain what types of annuity products are offered from outside carriers. For those of you who may not be familiar with fixed annuities this is a type of life insurance payment that is guaranteed to be a certain amount a month.

In essence, fixed annuity product sheets are easy-to-understand information sheets that can help you quickly and easily decide which type of annuity product is best for you. If you are shopping for insurance these info-at-a-glance type charts and sheets simply make it much easier for you to play ?contrast and compare? when it comes to finding the life insurance plan that is best for you.

If you go online you will be able to find hundreds of these fixed annuity product sheets. In fact one insurance broker alone offers over three hundred of them to peruse if you happen to be shopping for insurance.

On these sheets you will find essential information such as the annuity's rate of return, the amount of the death benefit (should the annuitant die before the payout.) You will also find out the amount of tax-deferred profit that will go to you instead of the taxman if you opt to go for that particular life insurance product.

You can also get product sheets for variable annuities. Variable annuity products are different then fixed annuity products because they are not based on a fixed interest rate. For this reason fixed annuity products are perceived to be more secure than those that are not.

Another important detail that you will find on the fixed annuity product sheet is just how much money you will be penalized if you need to withdraw from the account before your payment is due. This is important as some life insurance companies really do charge exorbitant fees and penalties for early withdrawal of funds.

Tiffany Walker has finally revealed her annuity secrets online. Read the latest by clicking here: Annuity cost basis.

Compare A Fixed Annuity Rate The Easy Way

The best way to compare a fixed annuity rate is to get on the Internet and visit one of the many brokerage style sites that have collected information about the various deals that are available from different life insurance companies. Simply type ?compare fixed annuity rate? in a popular search engine such as MSN or Google and hundreds of online comparison charts and product comparison sheets will turn up in the search engine result pages.

Some insurance company sites also just have a page titled compare fixed annuity rate. Within these pages is where you can find exactly the type of insurance that you are looking for.

Another great thing about these insurance companies is that they are usually very insurance friendly when it comes to online customer support. If they don't actually provide an online chat forum then many of them offer to answer your questions directly by email. Also unlike most web sites that are run by big faceless banking corporations you can find the telephone number of a live person to speak to as an insurance company can hardly wait to have you deal with one of their customer representatives in person.

Surprising the insurance companies are very user friendly as well as quite friendly to their competition. One trend lately among insurance companies who offer a page titled something like ?compare fixed annuity rate? is to include the names and amounts offered by their competitors even if they are a better deal then what is offered! Supposedly this willingness to pass the hat to their competitors is based on the idea if that you think that they are honest enough to do that then the insurance company will be completely honest in all of their dealings with you. However it is not necessarily the best idea to fall for this when comparing fixed insurance rates - always go for the deal that is best for you.

Tiffany Walker has finally revealed her annuity secrets online. Read the latest by clicking here: Compare Fixed Annuity Rate.

An annuity Based Pension might just be the answer.

Of all types of income generating investments, annuities are some of the most controversial. There is a body of opinion that says they are a complete waste of time and you would do much better if you were to place the capital sum on the stockmarket or invest in property. But then again the stock market has been known to crash and property has frequently been known to decrease in real value, so if security is high on your list of priorities maybe annuities are worth a thought after all.

Annuities are popular as vehicles for pensions, perhaps mainly because they can be very tax efficient. If money is wrapped up in this investment it takes a tax holiday until such time as the premiums become due and payments are made. As this is likely to happen after retirement the tax liability falls dramatically.

There are two types of annuity. The former is deferred, which means payments are made, usually on a monthly basis for a number of years. This is a good way for the younger person to acquire an income later in life. The other variety is the fixed version. In this package, the purchaser pays a large capital sum usually to an insurance company and payments begin soon afterwards.

The big enemy of annuities is inflation. At the outset the agreed sum to be paid out might seem generous, but inflation can erode the value of the venture in a very alarming fashion.

On the other hand a fixed payment annuity based pension provides an excellent budgeting tool. You will know each month how much money you will receive and thus in much the same way as a salary, be able to cut your cloth accordingly. This allows for more efficient financial planning.

When it come to tax, there can be penalties if the annuity is cashed in before the "owner" reaches sixty years of age and this could be a disincentive for those folks who plan early retirement or find themselves made redundant before reaching the official age of retirement. However, as I said before there are some distinct tax advantages, particularly for those individuals in the higher tax brackets. Deferred Annuities are in effect a compulsory savings plan. In those years of high tax liability it would make a lot of sense to save as much as possible because these savings are then tax exempt. Tax is only due when income is received from the plan. That means you start drawing your annuity after you have stopped earning a high salary. It's very neat because as you have decreased earning your tax liability will drop to a lower level than previously. This all means you have allowed the IRS to partly finance those golden days of retirement. Now that begins to appeal does it not?

Interested in this subject? Try this link for more of the same

www.annuitiesforlife.com