Stand Alone Living Benefit (SALB)

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Nov 13, 2009 11:47 am

Anyone heard of/worked with these? From the few articles I've read, they basically offer the guaranteed income rider common to VA's. through the managed account platform, usually for somewhere between 80 to 220 basis (depending on company, etc).

http://registeredrep.com/newsletters/insuranceletter/newproduct_guaranteed_income_managed_accounts_0818/

I've read pretty much all the articles out there, so more looking for anyone with personal experience with using them through their RIA.