Insurance Technologies LLC, a provider of product comparison, compliance, suitability and point-of-sale software for the insurance industry, has announced the addition of a set of annuity data for product feature comparisons in its VisibleChoice annuity sales platform.

Annuity data from Beacon Research, an aggregator of comprehensive annuity data, will be used within VisibleChoice and updated daily to allow financial advisors at banks, broker-dealers, wire houses, and other distributors to run side-by-side product comparisons with all actively marketed variable annuities and hundreds of fixed and indexed annuity products. The addition of Beacon Research's data, including product profile for annuities (PPfA) data, will allow VisibleChoice to include all three types of deferred annuity products.

VisibleChoice enables advisors to select and compare multiple annuity products at once, create compliant illustrations, and recommend the annuity that is best suited for their client's needs. With one summary view, advisors can compare product features such as income benefits, share classes, withdrawal benefits, and illustrative results.

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.