The contract that needed no change

A client wanted a second opinion on the income contract he already owned. The agent measured it against today's market, then told him to keep it.

Do it in Genius

Income rider calculator→ Solve for: Income→ Payout Type

Practice Client, 3 Nov 2026: she is single, so Payout Type reads Female. With No income reduction on, the top row pays $1,318 a month.

Rates change every day, so yours will differ.

Open Income rider calculator in Genius (opens the app in a new tab)

In the app: Calculators → Income rider calculator

(opens full size in a new tab)

1. 1.

   The client owned a joint income contract. The agent asked what he paid in, today's value and income, surrender value, rider base and fees.

   In Genius: set Premium Amount to what could move today. For a couple, switch Spouse or Joint Owner on.

   • The full list of numbers to get from the owner
2. 2.

   The agent ran the same facts for two lives, as if buying today. Open Income rider calculator: it fills in the current client.

   In Genius: Solve for Income, then Payout Type: pick Joint for a couple. Joint income is usually lower than single.

3. 3.

   The income sat inside the top range. The agent said it plainly: competitive. Then he asked: growth or income?

   If the client says income: the account can fall while the check keeps coming. Compare only rows you can sell.

4. 4.

   Say the fee in dollars, and that it comes out of the account, not the check. Then say: keep it, at today's rates.

   Row one reads 1.2% Rider Fee. Its Carrier Illustration shows the account falling about $2,600 a year at zero growth.

   • Where the dollars come from: benchmark it