Market Synergy Group and Colorado Bankers Life Insurance Company® Announce Distribution Agreement
Market
Given today's low interest rate environment and recent market volatility, fixed annuities may have a broadening appeal among advisors and consumers. For example, one of the leading products, the CBLA-5, is a MYGA that provides a 3.35% guaranteed interest rate for five years. In addition to the highly competitive rate, the CBLA-5 offers clients multiple free withdrawal options, including a nursing home waiver.
"When you take into account all the features, the CBLA-5 is one of the top multi-year guarantee annuities available on the market today. We are pleased to provide clients with such a strong asset to assist in meeting their retirement income goals, and look forward to capitalizing on the opportunity this CBLife partnership presents to us and our distribution partners," said
Though CBLife has been in the insurance business since 1974, its merger with
"Partnering with Colorado Bankers Life is a seamless next step in the evolution of our business. Their energy and aggressiveness to be one of the leading players in the fixed annuity space is exciting. In addition, their focus on technology will quickly establish them as a leading carrier for providing cutting-edge agent and client solutions not commonly found in the insurance world. We look forward to growing with them and leveraging each other's strengths to bring to market the most elite products that address the most prevalent pre-retiree and retiree concerns," said
"We could not be happier to partner with
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About Colorado Bankers Life Insurance Company®
Read the full story at http://www.prweb.com/releases/2018/02/prweb15224962.htm
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