Blue Frog Solutions, a provider of life/annuity solutions for order management, compliance, and straight-through processing, released its Annuity Replacement Evaluator (ARE), a tool for analyzing and evaluating Annuity 1035 exchanges and qualified plan replacements.

The Annuity Replacement Evaluator is a hosted solution that allows financial advisors to compare and print annuity replacement evaluations derived from a combination of surrendered contract data entered by the financial advisor, as well as up-to-date annuity new business product information provided by insurance carriers.

Financial advisors enter information about the contract owner and the 1035 or qualified plan replacement (surrendered contract) and select the new business product, features, and feature details from a list provided by insurance carriers. At the completion of the data entry process, the financial advisor is able to review all of the information before generating the evaluation. The advisor then can save the evaluation as a PDF file or print the documents for historical purposes.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.