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Blue Frog’s Annuity Replacement Evaluator Helps Your Firm meet Regulatory Compliance
The Annuity Replacement Evaluator™ (ARE) from Blue Frog Solutions is a web-based solution that allows your Financial Representatives to compare and print Annuity Replacement Evaluations derived from a combination of surrendered contract data entered by the FA and up-to-date annuity new business product information provided by Insurance Carriers, satisfying provisions of Rule 2821.

FINRA Rule 2821 Requirements for 1035 Exchanges (or Qualified Plan Replacements)
Newly approved FINRA Rule 2821 requires Financial Advisors to perform an extensive analysis of fees and benefits when recommending replacement of an existing in-force (“like for like”) annuity contract. The new rule will require the FA to obtain a copy of the existing contract and compare its features against those of the new product being recommended and to provide the client with a side-by-side comparison of the existing and proposed replacement contracts. The newly required analysis provides additional peace of mind to both the Firm and the Client. Until today, producing documentation that compares the surrendered (or exchanged) annuity to the new business annuity has been difficult at best!

How Does It Work?
FA’s log into the solution using an ID and Password; alternatively, your firm can set up single sign-on (SSO) from an in-house application. The FA will enter key information from the surrendering contract and/or prospectus and select the details of the proposed product from our comprehensive annuity product database;

  • 1035 or Qualified Plan Information (Surrendered Contracts)
  • Owner Information
  • New Business Product Information
  • Feature and Rider selection for new product
At the completion of the process, and before generating the evaluation, the FA can review the information they entered via the Summary Page. The system generated analysis can then be saved as a PDF file, printed for historical purposes or be forwarded to your Compliance Officer or OSJ for approval.


Replacement Annuity Product Information Comes Directly from Insurance Carriers
Insurance carriers provide Blue Frog with constant updates of their new business annuity product data, the information is sent to Blue Frog at regular intervals keeping it current and accurate. The Carrier provided information contains detailed product descriptions including state availability, ownership rules, features, riders, services offered, funds available for investment, fees, and more, which the Annuity Replacement Evaluator™ uses to create the strategic annuity exchange evaluations.

The combination of surrendered contract data entered by the FA and up-to-date annuity new business product information provided by Insurance Carriers makes certain that your evaluations are accurate.

Comprehensive and Complete Analysis
The challenges of compliance with Rule 2821 are to effectively compare the surrendered contract(s) with the new business product to assure your client that they have received full disclosure and proper evaluation of their needs. The Annuity Replacement Evaluator™ from Blue Frog provides over 50 indicators that allow your FAs and your firm to measure the impact of the annuity exchange and provide documentation that supports the benefits of the exchange with information such as:

  • Carrier Ratings
  • Share Class
  • Fees
  • Surrender Charges
  • Living Benefits
  • Death Benefits
  • Annuity Cost Review
Customizable to fit your Needs
The Annuity Replacement Evaluator™ can be optionally customized to have your logos and company brand on the evaluations, as well as tailoring the evaluation analysis form(s) to support FA and/or Client wet signature.

Support Compliance of Rule 2821 Today!

  • System setup in 30 days or less that includes User and Hierarchy Management
  • Support for Fixed, Fixed Index and Variable Annuities
  • Support for 1035 and Qualified Plan Transfers
  • Access to your Carriers’ New Business Annuity Products
  • Corporate Branding Available
Request a Demonstration
To place an online request for a demonstration of Blue Frog’s Annuity Replacement Evaluator™, please click the "Request a Demo" link below. A representative will contact you to schedule a personal demonstration.

For additional information, please download high level product information here:

Annuity Replacement Evaluator™ Product Info Sheet

Request a Product Demo

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