Owner Driven Annuities

Non-Qualified Annuity Ownership, Annuitant, And Beneficiary ...
Owner-driven annuities, on the other hand, are those that pay a death benefit only when the owner of the contract dies. When the annuitant dies, the owner simply designates a new annuitant (presuming that the owner of the contract is NOT a ... Access Document

Annuity Structure Case Study: Owen & Annie - TEAMLGA 2011
Owen and Annie Harrison are married and have an owner-driven deferred annuity that is structured as follows: and new annuities each have the same owner(s) and annuitant(s). The Harrisons want to change the ownership from Owen, the owner ... Read Full Source

Advanced Markets Q&A
Bottom line:Owning an owner-driven annuity jointly with someone allows clients to take advantage of the annuities Allianz Life Insurance Company of North America. For agent use only – not for use with the public. 3 ... Document Viewer

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) ... Return Doc

ANNUITIES
The annuitant may or may not be the contract owner. Annuities may be written on an individual, joint or group basis. Most annuities are considered as "annuitant-driven," i.e., if the annuitant reaches a certain age, died, or became disabled, ... Access Document

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 ... Get Document

Single Premium Deferred Annuity RBC Enhanced Choice 12 With ...
These annuities automatically rebalance at contract anniversary and client can reallocate among accounts at each contract anniversary without any restrictions. Contract Time Frame 12 years (Owner-driven contract) apply to death proceeds. ... Retrieve Document

CALIFORNIA 8-HOUR ANNUITY TRAINING
Annuities, however, the owner controls where the value in the contract will be invested. owner-driven contract, only the death of the owner triggers the guaranteed death benefit. Here is an example: Owner-Driven Contract Owner: Husband ... Retrieve Here

2004 Annuity Training Outline - California Department Of ...
Distinguish the role of annuitant in owner-driven contracts 3. Selling annuities for Medi-Cal eligibility (Section 2 of SB620/Section 789.9 of the CIC) a. Selling annuity to persons 65 years and older for purpose of qualifying for Medi- ... Get Content Here

FOCUS ANNUITIES Fixed Annuity Trends: Distribution Matters
Driven. (The owner-driven annuities trigger death proceeds at the death of the owner, not the annuitant. If owner and annuitant are different and the annuitant dies first, the owner names a new annuitant. Annuitant-driven annuities ... Fetch Full Source

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 As the owner of the policy, you have the right to (a) change the Beneficiary, (b) name a new owner (on Non- ... Fetch 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 ... Fetch This Document

May / 2006 - James T. Gentry, CFP®, ChFC®& Special Needs ...
An owner-driven contract is a contract in which the contractual benefits are paid upon Variable annuities are offered by prospectus only, which are available from your registered representative. You should carefully consider the product’s features, ... Retrieve Doc

A Handbook On Beneficiary Designations For Annuity Contracts
Payment of the death benefit will also default to the contract owner’s estate. For trust-owned annuities, John Hancock will consider the trust to be the default beneficiary. annuitant driven, regardless of when the contract was issued. ... Read More

Advanced Markets Q&A
Even though our contracts are owner-driven, any death benefit on a trust-owned annuity is paid at the annuitant’s death. Trust-owned annuities Allianz Life Insurance Company of North America. Is an Allianz annuity an appropriate purchase for a revocable ... Get Doc

Annuity Contract Change Request - Whole Life Insurance ...
Owner Name/Plan Name _____ Joint Owner Name (if applicable Document Management Services- Annuities W360 PO Box 9067 Springfield MA 01102-9067 Overnight Address MassMutual Financial Group ... Retrieve Doc

Introduction To Annuities
The owner of the annuity will be referred to interchangeably as the annuity owner, the policyowner, or the contract owner. modern tax-driven financial tool. Annuities, however, were in use long before the Internal Revenue Code was enacted. ... Return Doc

8 Hour California Annuity Course
Owner- driven contracts.. 33 rights and obligations of the annuitant annuities .. 40 disclosure regarding medi-cal eligibility .. 41 disclosures ... Return Doc

Nonqualifi Ed Annuity Distribution Planning Reference Guide
During the lifetime of the annuity owner or annuitant, but distributions are required at Integrity annuity contracts are annuitant-driven and pay a death benefi t at the For annuities with more than one benefi ciary, ... Fetch Here

Eight-Hour Annuity Training Outline - California Department ...
Distinguish the rights of the annuity owner in owner-driven contracts 3. 1. Selling annuities for Medi-Cal eligibility (Section 789.9 of the CIC) a. Selling annuity to persons 65 years and older for purpose of qualifying for Medi- ... Read Full Source