The story behind
the Living Benefit Calculator
As the popularity of living benefit riders has grown in recent years, the number
of these products has proliferated. To find the right fit for each client, agents
and advisors face the time-consuming task of comparing the attributes of each insurance
Before the Living Benefit Calculator, that comparison meant hours or even
days spent requesting and awaiting information packets and illustrations, then identifying
the advantages and disadvantages among them. And since these programs are revised
frequently by the insurers, sometimes this laborious vetting process would have
to be repeated within a short time to ensure that your recommendations are still
Importantly, the Living Benefit Calculator doesn’t just return columns of
figures that you then have to take the time and effort to compare. Using powerful
algorithms, the Living Benefit Calculator solves for the minimum guaranteed
benefit (assuming zero investment performance), showing you results based on the
criteria you enter and instantly revealing the products you may wish to consider
for each client.
The Living Benefit Calculator was inspired by a pair of veteran licensed
agents with over 44 combined years of insurance and financial advisory experience.
Our team is constantly researching and refreshing our comprehensive database of
the carriers' available programs, so your report results will be as accurate and
timely as possible. (Please review our terms of service for
Saving your reports is good business practice, enabling you to demonstrate that
you conducted proper due diligence to match your client with the most appropriate
product available at the time it was selected.