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DPL Expands Commission-Free Annuity Platform

The insurance network for RIAs added two commission-free fixed indexed annuities from Great American Life Insurance Company.

As the coronavirus continues to wreak havoc on the markets, DPL Financial Partners is adding two new commission-free fixed-indexed annuities to its platform, bringing the number of commission-free annuity and life products it offers to over 30. The two annuities, from Great American Life Insurance Company, feature shorter surrender periods.

“As advisors become increasingly comfortable with using fixed-indexed annuities as a fixed income alternative, we want to continue to selectively expand the number of options they have to work with,” said DPL founder and CEO David Lau. 

DPL recently opened up its network of annuities and related insurance products to nonmembers, at no charge, until June 1, in light of the coronavirus. RIAs can get free access to the platform through the firm’s website and by telephone.

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