Annuitant Driven Annuities

Structuring Annity Contracts - San Antonio Estate Planners ...
Owner-driven, annuitant-driven Annuities often seem to have their own special language and, in fact, they do. Although there are many common terms that annuity companies and financial professionals use, there are not always ... View Doc

Page 1 of 4 Imeriti, Inc. rev. 10.11.2010 Owner and Annuitant – Joint – Information for Non-Qualified Annuities 1 Company Joint Owner Joint Annuitant Owner Driven ... Read Here

Non-Qualified Annuity Ownership, Annuitant, And Beneficiary ...
And (2) Owner-driven. Annuitant-driven annuities are those that contractually pay a death benefit when the annuitant dies. When the annuitant dies, the contract terminates and the death benefit, if any, is paid to the contract’s designated beneficiary. ... Return Doc

Advanced Markets Q&A
Annuities Allianz Life Insurance Company of North America. For agent use only – not for use with the public. 3 the annuitant on an owner-driven contract does not come into play unless the contract is annuitized. Upon annuitizing the contract, the owners could ... Read Document

Nonqualifi Ed Annuity Distribution Planning Reference Guide
Typically, Integrity annuity contracts are annuitant-driven and pay a death benefi t at the annuitant’s death. The annuitant is the owner of the contract unless Integrity accepts For annuities with more than one benefi ciary, the ... Return Document

INformatIoN About Your VarIable aNNuItY DeatH BeNefIt
Variable Annuities issued by: Genworth Life and Annuity Insurance Company. Richmond, VA and annuitant-driven. This means that a death benefit is payable upon the death of an annuitant. If an annuitant dies, regardless of whether he/ ... Read Full Source

A Handbook On Beneficiary Designations For Annuity Contracts
Annuities can be purchased in the name of a trust or by a trustee on behalf of a trust. If annuitant driven, regardless of when the contract was issued. The death of the annuitant will trigger a death benefit payout to the beneficiaries on file with ... Access Document

FOCUS ANNUITIES Fixed Annuity Trends: Distribution Matters
Annuitant. Annuitant-driven annuities trigger death proceeds at the death of the annuitant.) In my view, no company should design a new annuity that isn’t owner-driven, as these contracts are easier to understand, provide more flexibility to ... View Full Source

May / 2006 - James T. Gentry, CFP®, ChFC®& Special Needs ...
An annuitant-driven contract is often an older contract whose contractual benefits (e.g., enhanced death benefit) are paid upon the death of the annuitant. Variable annuities are offered by prospectus only, which are available from your ... Access Doc

NEW YORK LIFE VARIABLE ANNUITIES
NEW YORK LIFE VARIABLE ANNUITIES Supplement dated August 12, 2011 This supplement amends the disclosure regarding New York Life Variable Annuities (“VA Annuitant—The person named on the Policy Data Page and whose life determines the Income Payments, and ... Read Document

Advanced Markets Q&A
Even though our contracts are owner-driven, at the annuitant’s death. What about the income benefit and commissions? Trust-owned annuities Allianz Life Insurance Company of North America. Pre-591/ 2 10% penalty.Allianz looks to the age ... Fetch This Document

KAFL Annuity Comparison Guide - KAFL Insurance Resources
3/1/2013 RED - Rates are Decreasing GREEN - Rates are Increasing Annuitant Driven=A Owner Driven=O Company Current Rate (1st year guarantee; float thereafter) ... Access Doc

Annuitant Guide - SURS - State Universities Retirement System ...
Annuitant — A person receiving a retirement, reversionary, survivor, beneficiary, or disability retirement annuity variable annuities, but also bears the risk. Application of Changes in the Law Generally, changes in the retirement law are ... Fetch Full Source

Introduction To Annuities
1-8 Essentials of Annuities Annuitant The annuitant is the person whose life is the measuring life for the annuity. The annuitant must be a living person. The creation of annuities was driven by our need for security in an uncertain world and ... Get Doc

Annuity Structure Case Study: Owen & Annie - TEAMLGA 2011
And new annuities each have the same owner(s) and annuitant(s). The Harrisons want to change the ownership from Owen, the owner The new annuitant-driven deferred annuity contract selected by Owen and Annie does not provide for ... Access Full Source

CALIFORNIA 8-HOUR ANNUITY TRAINING
Fixed Annuities . The annuitant receives a definite amount at regular intervals for a specified length of time, including the remaining lifetime of the annuitant. annuitant-driven, and the wife/annuitant has died, the guaranteed death benefit of $750,000 is payable. ... Retrieve Document

2004 Annuity Training Outline - California Department Of ...
Distinguish the role of annuitant in annuitant-driven contracts C. Describe the rights and obligations of the insurance company (Sections 10127.10, 10127.11, Selling annuities for Medi-Cal eligibility (Section 2 of SB620/Section 789.9 of the CIC) ... Access This Document

ANNUITIES
Table of contents. chapter one - what are annuities 1. ownership of an annuity 1. the annuitant 2. the beneficiary 3. multiple titles 3. how the contract is "driven" 3 ... Retrieve Here