A company has unveiled a tool for financial professionals who are trying to determine whether clients should replace their annuities.

Blue Frog Solutions Inc., Pompano Beach, Fla., says its new Annuity Replacement Evaluator system can analyze Section 1035 exchanges and qualified plan replacements.

The comparisons can enter data about the contract owner and the surrendered contract, then get information about the new product from a list provided by insurers.

Financial professionals can save the evaluation as a PDF file or print it out, Blue Frog says.