For Waterstone Financial Group Agents Only

Be sure, when reviewing our spreadsheets, that you take into account the Waterstone requirements for the sale of annuities. Based on their E&O, they have established the following guidelines:

  1. Indexed annuities may have no longer than a 10-year surrender period
  2. Indexed annuities may have no more than a 10% surrender charge in any year.
  3. The life insurance company issuing the annuity must be rated A or better by AM Best
  4. Indexed annuities may not require annuitization when any money is taken out of the policy.
  5. Annuities must provide full account value at death