Annuity Rate Sheet – Feb. 15, 2021
Weekly Annuity Rate Sheet – MYGA Rates for February 15, 2021:
Annuity Rate Sheet – Feb. 8, 2021
Weekly Annuity Rate Sheet – MYGA Rates for February 8, 2021:
Transamerica Discontinues Selling LTC
As announced December 10, 2020, Transamerica will discontinue sales of their individual, standalone Long Term Care (LTC) business on March 31, 2021.
Principal Accelerated Underwriting Enhancements
Principal’s NEW AU program guidelines effective Feb. 15, 2021:
Important Principal Life Product Update
Principal will be making the following product changes this month:
Changes at AIG as COVID-19 Lingers on
With the continued surge in COVID-19 cases across the country, we are now seeing new records in positive cases, hospitalizations and number of deaths per day. For this reason, AIG needs to put a hold on their plans to relax their temporary COVID-19 guidelines, and for some cases they are reinstating stricter guidelines.
AIG Non-Med Underwriting Expanding to $1 Million
Effective November 21, 2020, AIG’s non-medical underwriting will be expanded to include eligible cases with face amounts up to and including $1 million.
New Premium Limit on Life Insurance from Prudential
Prudential has made the decision to place a premium limit on all Life Insurance products except Private Placement VUL products.
Symetra Easing Underwriting Restrictions – Oct. 14, 2020
Symetra has updated their temporary underwriting guidelines, effective immediately:
AIG is introducing the only FIA with a living benefit in New York
AIG has announced the launch of Power Index Premier NY with the Lifetime Income Builder optional guaranteed living benefit rider: