Legacy Launches 8% Bonus FIA; Includes Income Rider, Medicaid Option - Insurance News | InsuranceNewsNet

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May 17, 2010 Newswires
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Legacy Launches 8% Bonus FIA; Includes Income Rider, Medicaid Option

Petaluma, CA, May 17, 2010—Legacy Marketing Group® has announced a new 8% bonus fixed indexed annuity with a range of features designed to meet a variety of client needs. The new AdvanceMarkSM fixed indexed annuity, offered exclusively to Legacy Producers, includes:

• 8% vesting bonus. 100% vested at death.
• Index gains that credit to date of death.
• Up to six interest crediting options, including the exclusive Step Forward Strategy®,* which provides the upside potential of a three-year locked in cap rate.
• Competitive, optional income rider.
• Settlement option appropriate for Medicaid planning.

The AdvanceMarkSM FIA offers Producers an 8% GA-level commission** and $200 for each eligible application May 17 through August 13, 2010.

About Legacy Marketing Group®

Media Contact:
Legacy Marketing Group®
Gretchen Barry, Director of Communications, 800-395-1053, Ext. 6801
[email protected]

AdvanceMarkSM flexible premium fixed deferred indexed annuity is issued by OM Financial Life Insurance Company, Baltimore, MD; product is distributed by Legacy Marketing Group®. Subject to state availability. Certain restrictions apply. Refer to contract, Earnings Rate Update, sales guide, and State Approval Matrix for details. Form Nos: FGL FPDA-EIA (2005), FGL FPDA-EIA-C (3-08), et al. Rider Endorsement No.: OM GMWB-FA (01-09).

  * Also known as the 3-Year High Value Fixed Indexed Interest Crediting Option Rider. May not be available in all jurisdictions.
** Ages 0–79. Refer to Compensation Schedule for details.
 

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