Westland Financial Services The Financial Professional’s Best Insurance Source Since 1976.

Westland Financial Services

The Financial Professional’s Best Insurance Source Since

1976

Westland Financial Services

Life Insurance

Annuities

Long-Term Care

And Now……

Introducing the REVERSIONARY ANNUITY

ASSURED INCOME PROTECTOR

INSURANCE FOR THE BOOMER GENERATION

Underwritten by: Assurity Life Insurance Company; Form Number: AR 100, AR 103, & AR 105

Purpose of Life Insurance

Liquidate Debts Mortgages Consumer Debt Other

Pay Taxes Income Taxes Estate Taxes

Replace Income

Life Insurance For Income

The Traditional Way Receive lump sum Death Benefit from Insurance

Company Invest Proceeds with Advisor Manage Investment Account Manage Investment Advisor


The Traditional Way To receive greatest income

Invest Aggressively Accept Higher Risk Accept Greater Uncertainty


The Traditional Way To Eliminate Risk and Uncertainty

Take Less Income

Life Insurance For Income – A Reversionary

Annuity The More Efficient Approach

Purchase a Stream of Income For the Life of the Beneficiary For a Specified Period of Time


Annuity Assured Income Protector

Monthly Income you Choose at Time of Issue More Dependable More Predictable More Tax Efficient Less Expensive



Issue Ages Insured – 18-85 Beneficiary 0-85

Monthly Benefit Monthly Income for Life of Beneficiary Monthly Income for Life with 10 Years Certain



Specific Monthly Benefits Level Benefit Option 3 Percent Increasing Option

Yearly Increase begins on 1st Anniversary of Policy 5 Percent Increasing Option

Yearly Increase begins one Year after the First Monthly Benefit Payment to the Beneficiary



Premium Options Life Pay to age 100 10 Pay Option

Additional Benefits (no charge) Simultaneous Death Benefit

Greater of $15,000 or 6 months benefits payable to Owner

Accelerated First-Year Benefit 90-95% of First year Benefits, Payable as lump sum in

place of 1st year monthly payments.



Premium Protection Rider Paid Premiums Refunded over 10 years if Beneficiary

Predeceases Insured Special Term Plan

Discounted Term Premium to Guarantee Right to convert within a year.


Annuity Survivor Income Alternative

State Teachers Retirement System Public Employees Retirement System Municipal and County Retirement System Federal Government Retirement Plan Union Retirement Plans


Annuity Survivor Income Alternative

Retiree must choose:1. Select the Maximum Pension Benefit ‘WITHOUT’ Survivor

Benefits; or

2. Select a Reduced Pension Benefit ‘WITH’ Survivor Benefits

Could be Costly Either Way Best to Get the Greatest Benefit at the Lowest Cost

Pension Max is Back

The Reversionary Annuity Now Available To Guarantee the Greatest Income

To the Retiree To the Beneficiary

Karen & John1 are Deciding How to Receive Karen’s STRS Pension Benefits Karen’s Maximum Monthly Benefit is

$5838.86 All Taxable Payable for her Life No Survivor Benefit for John

Karen’s Alternative Benefit is $5059.00 All taxable Payable for her Life Continues to be paid to John at her death Cost for Survivor Benefit is $779.86/mo

1. Female and Male both age 60

The Pension Max Alternative Instead Karen Selected the Maximum

Pension Benefit from STRS Then Purchased $5059 of Assured Income

Protector from Assurity Life for a Survivor Benefit for John

The Cost to Provide John a Lifetime Benefit is $350.09 per month.

The Pension Max Alternative Pension Cost of Survivor Benefit $779.86/mo Insurance Cost of Benefit $350.09/mo

Increased Monthly Pension Benefit for Karen

$429.77/mo

($5,157/yr)

The Pension Max Alternative ….And One More Interesting Feature

The Survivor Income is Substantially

INCOME TAX FREE


Annuity Retired Client needs Income for Spouse

Current Insurance Face Value - $260,000 Annual Premium - $6000 Cash Value - $72,000 Income available from D/B at 5.25% = $1137.00 Income available from D/B using a SPIA = $1618.00


Annuity Retired Client needs Income for Spouse

Planner’s Recommendation Surrender Life Policy Purchase R/A with $6000 Annual Prem. - $2500 Mo. Benefit $72,000 to Purchase Single Prem. RA - $1500 Mo. Benefit

Total Survivor Income Available - $4000. vs. $1618

Other Outstanding uses for Assured Income Protector

Provide Survivor Income to Younger Spouse Can specify and guarantee the monthly amount Can provide for cost-of-living increases No financial management required Less chance of others asking for money

Second Marriage, Prenuptial or Divorce Secures lifetime income for current spouse and

assets to children or other heirs. Perfect source of income to cover alimony

Other Outstanding uses for Assured Income Protector

Executive Benefit Lifetime Income to Spouse an attractive Perk

Protection for Special Needs Children Lifetime Income for Children

Dependable Inflation protection No management issues


Annuity An Exciting Concept to Protect Survivors

Less Expensive Tax Efficient Built in Guarantees Built in Predictability Inflation Protection Available Lifetime Benefits


Annuity Who Should Consider

Retiring City, County, State and Federal Employees Parents with Special Needs Children Older Clients with Younger Second Spouse Midlife Breadwinner to Protect Income to Spouse Divorcing Couple Required to Insure Child Support Any Other Time the Primary Use for Insurance is Income

Questions???

ForContracting

Sales Materials

Proposals

Applications

Questions

Call Gene, Nancy or Thais at

Westland Financial Services, Inc.

(800) 238-8144 – www.westlandinc.com

Westland Financial Services The Financial Professional’s Best Insurance Source Since 1976.

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