Carrier News Bulletin: 05/09/2019 – 05/15/2019

Allianz

Term Pro+ Life Insurance Rate Change.

Effective May 14, 2019, Term Pro+SM Life Insurance will have rate changes. View

May Website Security Enhancements – Protecting Your Information.

new website verification enhancements being implemented throughout May will add another layer of security to help prevent fraud and lay the groundwork for future self-service features that will make it easier to do business. View

Brighthouse Financial

Updates to Contracting Paperwork.

Recent updates have been made to contracting paperwork. For your convenience, here are the updated Contract Packages, should you need them.

• MGA Package
• GA Package
• Broker Package
• Signer Package
• Former/Current Georgia Residents

John Hancock

JH Life Paper Ticket — Now Including Existing Insurance Questions.

The JH Life Paper Ticket has been updated to include questions regarding existing insurance. View

Legal & General

New Term Pricing: Effective May 13, 2019.

New rates for Banner and William Penn OPTerm 10, 15, 20, 25 and 30 include a mix of decreases and increases. No changes to our highly-competitive rates for OPTerm 35 and 40. View

Mutual of Omaha

Now Available – Updated Product and Underwriting Guides.

Mutual of Omaha has updated their Life Insurance Underwriting Guidelines and Product Portfolios. Make sure to order a new version to use as reference guides. View

Rate Adjustments Effective September 2019.

Mutual of Omaha will be implementing long-term care rate adjustments on September 1, 2019, for Rhode Island. View

Rate Adjustments Effective August 2019.

Mutual of Omaha will be implementing long-term care rate adjustments on August 1, 2019, for Colorado. View

Nationwide

Introducing Nationwide CareMatters II – A Flexible Solution to Your Clients’ LTC Needs

Nationwide CareMatters II is designed to help you bring the protection of a linked-benefit policy to a wider range of clients across a variety of ages and financial situations.
• CareMetters II Client Guide
• CareMatters II Product Highlights
• CareMatters II Side-by-Side Comparison
• CareMatters II Transition Guidelines
• CareMatters II Policy State Approval
• CareMatters II Inflation Protection

Principal

eDelivery is Now Available in New York.

eDelivery is available for use in New York effective May 13. This Principal Life Online feature allows you to receive life insurance policies electronically via email. View

SBLI

Form Updates.

On Monday, May 13th, 2019 a new SBLI Part II Application form is being introduced. The updates include a reduced number of medical impairment questions in the Medical Information section and an overall improvement in the question flow. View

New Term Conversion Product Option.

A non-participating whole life product is the new option for SBLI Level Term policies and riders with a policy issue date on, or after August 1st, 2012. This new product provides the advantage of fixed costs and lower out-of-pocket premium payments. View

ZipApp Drop Ticket Update.

A new pre-screen tool has been added to SBLI’s ZipApp Drop Ticket process to help optimize the outcome of matching our Accelerated Underwriting process with your client’s insurance needs. Please note it has been designed to provide additional guidance and is a required part of the drop ticket submission. View