Sagicor’s Fixed Index Single Premium Whole Life (FISPWL)
Sagicor’s FISPWL provides choices for your clients through indexed-linked crediting strategies for upside potential, downside protection and access to funds, if needed: Guaranteed Return of Premium Day 1 10% initial crediting bonus to accumulation value Guaranteed Death Benefit with upside potential – Index Crediting (S&P 500, 1 year PtoP, 100% Par, 7% current cap) No […]
Principal’s Drop Ticket Is Now Even Faster
Jumpstarting the application process and getting it to underwriting is now even faster! Using Principal’s e-fillable short form, known as Drop Ticket, you can quickly provide your clients’ basic information for quick and easy processing. Their enhanced TeleApp services will then handle the rest. Work smarter, not harder: Online and easy to use for any […]
MetLife Term Conversion Applications Due By March 3rd
This is a reminder that this Friday, March 3, 2017 is the last day to submit term conversion applications that do NOT require underwriting to MetLife’s home office. On February 3, 2017, MetLife sunsetted multiple life insurance products including Promise Whole Life, Guaranteed Level Term, Secure Flex UL, Provider UL, Legacy Advantage SUL and Equity […]
Prudential PruLife UL Protector Reprice
On Monday March 6, 2017, PruLife UL Protector changes will be introduced, subject to state approvals. The rules apply to any request for New Business, Term Conversion, or OPAI (Option To Purchase Additional Insurance) Conversion. Here are the important dates: March 6, 2017 – Ready to Sell Date March 26, 2017 – Transition Period End […]
Important Product Updates from Lincoln Financial
On September 12, 2016, in response to persistently low interest rates, we will update the Lincoln LifeGuarantee UL product which will require higher premiums on new sales. The current version of the product will sunset on October 14, 2016 in approved states. Effective October 9, 2016, current Cost of Insurance (COI) rates are being changed on some Legend […]
Lincoln Financial Term Conversion Changes
Lincoln is updating the Term Conversion Guidelines for new business effective September 12, 2016: CLICK HERE to view the Official Announcement with Guidelines and Transition Rules
New! Accelerated Underwriting Capabilities Spreadsheet
This new spreadsheet shows the details for each carrier company that offers an underwriting opportunity without the need for labs or exams. The spreadsheet covers the products available, ages, risk classes, face amounts, submission or processing details, as well as any notes that might be pertinent. To view the rest of our spreadsheets please visit […]
John Hancock Now Offering Coverage to Applicants with HIV
John Hancock is pleased to be one of the first U.S. insurance companies to offer both term and permanent life insurance coverage to persons living with human immunodeficiency virus (HIV). We are now considering HIV positive applicants ages 30 to 65 with favorable and stable clinical courses for Face Amounts up to a maximum of […]
John Hancock Lowers Term Premiums
Effective immediately, John Hancock Term premiums have improved across the board John Hancock Term is now most competitive at: • Term 10 + Term 15 • Top 3 risk classes • Ages 45-65 • Face amounts $250,000 and above *New* Lower Premiums on John Hancock Term with Vitality PDF *New* John Hancock Term Rates PDF
2nd Look – Reinsurance Opportunity
CLICK HERE to download the 2nd Look Reinsurance Opportunity PDF
