Jonny SAMPLE
Large Annuity Bonus Offers
Insurers may design a bonus annuity for certain clients who may need to :
* Mitigate Recent Losses in the Stock Market * Mitigate Penalties to cancel an Old Policy of any Kind * Jump Start Safe Growth Earnings Going Forward Where Does an Insurer Get The Money To Offer a Bonus ? All Insurers within your state are under the same regulatory obligations, therefore, the only way that an insurer can offer a bonus is by reducing the stated crediting rates within the policy itself. This is not a bad thing IF you know this beforehand. After all, if the economy goes poorly during the years of your annuity contract, at least the insurer paid you these bonus funds in advance that can never be taken away.
Ask to see the crediting rates of a bonus annuity and a non - bonus annuity at the same time; you will see the difference !
These 19% first day Bonus offers that I see advertised. Are those real? Yes, they are. These funds will become a permanent addition to your contract values (usually) on Day 1.
What about even larger bonuses? I think I saw 40% the other day!
There are one or 2 Carriers advertising very large bonuses, yes. One GOOD THING about these huge bonus offers is that even if you were to pass away shortly after getting a policy like this (even say, 60 days after issue) , your heirs will receive all of the bonus + principal if taken out over a 5 year period.
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