By Robert Cooper
Exciting, limited-time opportunity to earn 3.80%* annual interest over 5 years – GUARANTEED!
I’m writing today to tell you about an exciting opportunity you won’t want to pass up! Starting July 1, 2018, the CBLA-5R single premium fixed deferred annuity from Colorado Bankers Life Insurance Company is being offered with a strong annual interest rate of 3.80%* for a five-year period – guaranteed!
Given that the current national average savings rate on a five-year CD is at 1.74%**, this five-year guaranteed rate is a real opportunity for accumulation. PLUS! There is no surrender charge to withdraw the accrued interest each year, so it can be a great option to get the growth that many of our clients are looking for without the market risk found in many other financial products.
CBLA-5 single premium fixed traditional annuity
Rate: 3.80% annually for 5 years – Rates offered on initial purchases exceeding $10,000
The guaranteed 3.80% interest rate for 5 years became available July 1, 2018 so call our office today to schedule a visit and learn more about this exciting opportunity.
For more information, call 336.993.2012 or visit www.coopercares.com.
*This initial interest rate is effective for new annuities with a minimum premium deposit of $10,000 issued on or after July 1, 2018 for the first 5 contract years only.
The CBLA 5 is a fixed annuity, it is not a savings account or CD. Not FDIC/NCUA Insured.
Annuities are long-term vehicles to help with retirement needs. Surrender charges may apply to withdrawals. The surrender charge is 9% in the first year and declines by 1% each year for the next four years. Withdrawals may be taxable and subject to penalties prior to age 59½. State variations may apply. Guarantees are backed by the financial strength and claims paying ability of the Colorado Bankers Life Insurance Company.
**Source: https://www.bloomberg.com/markets/rates-bonds/consumer-interest-rates/ ; as of July 2, 2018.
Products and services are underwritten and/or provided by Colorado Bankers Life Insurance Company (Durham, NC), licensed in 49 states (excluding New York), the District of Columbia, and Puerto Rico. Products and services may not be available in all states. Contract form series ICC17C-SPDACD and C-SPDACD, and application series ICC17A-SPDACD and A-SPDACD.