FAQ

WHO IS LIFESPECS.COM?
Advantage Group Associates, Inc. has a decade of experience in the Indexed Life market.  Our President, Sheryl J. Moore, is a market research analyst who was formerly in charge of competitive intelligence for the carrier who held the #1 position in the Indexed Life market for over six years.  She worked in Life Product Development and has a vast experience in the product line from administration, illustration software development, and marketing, to product positioning and benchmarking.

WHAT IS LIFESPECS.COM?
LifeSpecs.com is a website resource that houses snapshot specifications and rates for all of the Indexed life products on the market.  In addition, we provide side-by-side comparison tools for product analysis and the most advance Indexed Life search tool in the industry.  If you need to perform a search of all of the products in the market with international indices available, or Variable Rate loans- no problem!  We’ve got you covered!  Plus, we provide you with sales data, Indexed Life news, industry resources, and a running list of newly launched products.

For those of you new to the industry, get acclimated with “The Basics.” This is a public area of the site where you and your clients can find out more about the Indexed Life market, the terminology associated with it, and some of the most frequently asked questions that aren’t so easily answered.

HOW IS LIFESPECS.COM DIFFERENT?
We are the only Indexed Life product resource that is NOT RUN BY AN INSURANCE AGENCY. This is more important than one would think, especially if you are an agent, or a competitive intelligence representative.  Your other alternative to gaining this information is marketing organization websites.  They want their audience to sell the products that they report on, as they will receive the commissions for the products in their publications.  So, if there is a particular product feature that may not be so appealing, they may not mention it, or they may skirt around the issue.  On the flip side, extremely attractive features may be pushed aggressively.

We have NO VESTED INTEREST IN ANY PRODUCT on this site whatsoever.  We do hold valid life and health licenses, but are not/and have never been contracted with any carriers.  We do not sell or endorse any financial products.  For that reason, you will never see any bias in the presentation of the products on this site.

Most importantly, we believe in FULL DISCLOSURE.

We’re the only place you can find EVERY CARRIER and EVERY PRODUCT IN ONE PLACE.
Every agent needs a tool that can help them present the best Index Life product for their clients with confidence.  This website can give you that confidence.

HOW FREQUENTLY IS THE SITE UPDATED?
We perform rate updates at least bi-monthly.  We also update for product launches, discontinuations, and modifications daily; as we receive the necessary information to update the product profiles.

HOW DO YOU OBTAIN THE INFORMATION?
Most of the information on LifeSpecs.com is sent to us proactively by the carriers in the Indexed Life market.  Specifications are taken primarily from specimen policies and marketing materials. Any missing data is requested directly from the home office; product profiles are also sent to the home offices for review.  Our rates are obtained directly from the insurance carriers.

HOW MUCH IS THE MEMBERSHIP?
Licensed producers and registered representatives seeking access for a single-user license agreement are offered an annual subscription to LifeSpecs.com for $360.00 payable by Visa, MasterCard, Discover, or American Express.  If you are an employee in a Home Office, Broker Dealer office, or Marketing Organization, you must be covered under a multi-user license agreement.  Please Contact Us directly for terms and pricing on multi-user license agreements.

NOTE: All users who have a subscription to AnnuitySpecs.com are eligible for a discount to LifeSpecs.com.  Please Contact Us for a promo code if you are already an active registrant of our partner site.