Category: | Insurance agency, |
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Address: | 900 Haddon Ave #308, Collingswood, NJ 08108, USA |
Postal code: | 08108 |
Phone: | (856) 424-2240 |
Monday: | 9:00 AM – 5:00 PM |
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Tuesday: | 9:00 AM – 5:00 PM |
Wednesday: | 9:00 AM – 5:00 PM |
Thursday: | 9:00 AM – 5:00 PM |
Friday: | 9:00 AM – 5:00 PM |
Saturday: | Closed |
Sunday: | Closed |
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A Shield annuity uses a portion of retirement assets to participate in market growth opportunities with the assurance of a level of downside protection other investment vehicles may not provide. Shield is designed to provide some protection in an unpredictable endeavor - investing. Each Shield product comes with a choice of available Shield ...
The Brighthouse Shield Level Select 6-Year Annuity is an index-linked annuity that features income tax deferral until you begin making withdrawals, meaning your money can grow without interference from the IRS. The S&P 500® Index, Russell 2000® Index and MSCI EAFE Index are all available, although your money will only follow the index rather than be invested in it.
Investment Performance Is Not Guaranteed. MetLife Shield Level Selector Annuities are issued by Metropolitan Life Insurance Company; New York, NY 10166; on Policy Form ML-22494 (09/12) and are offered through MetLife Investors Distribution Company (member FINRA), New York, NY 10166.
Brighthouse Shield Level annuity commissionable annuity (B-shares) have a 6 year surrender charge starting at 7% charge in the first year and second year followed with a 1% reduction every year after that. Agent commissions are around 5.5% from the first year deposit with another annual 0.25% commission trail starting in the second year plus.
All representations and contract guarantees, including the death benefit and annuity payout rates, are subject to the claims-paying ability and financial strength of the issuing insurance company. Because the client agrees to absorb all losses beyond their chosen Shield Rate, there is a risk of substantial loss of principal.
The Brighthouse (formerly MetLife) Shield level products aren't fixed index annuities, but are legally classified as a variety of Variable Annuity. This is because these is a chance of losing principal with these annuities. The advice you've read from the other posters who have responded to you is generally correct.
Recent sales remained strong with a reported $570 million in the second quarter of 2017. This is a 28% increase year-over-year, making year-to-date sales of Shield annuities to more than $1 billion. The Brighthouse Shield Level Select 3-Year and 6-Year Annuities are immediately available, as is the Brighthouse Shield Level Select Access Annuity.
An annuity is a customizable contract issued by an insurance company that converts an investor's premiums into a guaranteed fixed income stream. More specifically, an annuity contract is a legally binding, written agreement between you and the insurance company that issues the contract. This contract transfers your longevity risk — the risk ...
The American Equity IncomeShield offers premium bonus options and multiple allocation choices for growth opportunities, while also providing guaranteed principal protection and flexible lifetime income payouts. To best appreciate the benefits of an annuity, we believe it helps to understand how an annuity can work for you.
Some schemes trigger lawsuits, even class actions. Others go unreported. Some agents target older seniors and seniors who are terminally ill, convincing them to purchase annuities that lock away money for more than a decade. These fraudulent agents set up the annuity contract so any money left in the annuity remains with the agent or insurance ...