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Carrier News Bulletin: 05/16/2019 – 05/22/2019

Zurich

Improved Term Pricing Approved in New York.

Zurich announces competitive Zurich Term pricing is now available in New York. View

AIG

L&C Tips – Keep Your Cases Flowing.

While reviewing your processes to ensure cases are submitted cleanly and “Ready for Underwriter Review,” please be mindful of a couple L&C issues which may delay cases. View

Allianz

Important Client Communication Regarding A Rider Charge Refund.

During a comprehensive review of their system data and processes, Allianz discovered an error in which your client’s beneficiary was incorrectly charged for a rider fee when the policy was terminated. They will send a check for any amount owed to the beneficiaries, which will include a refund of the incorrectly charged rider charge plus interest. View

John Hancock

NEW John Hancock Vitality Term (May 20, 2019).

John Hancock launches new rates for Vitality Term. View

Legal & General America

EXTENDED! 40-Year Term Sales Contest.

Contest extended through July 10, 2019. Now eligible agents have an additional 40 days to receive $40 for each submitted OPTerm 40 case and be entered for a chance to win a $1,000 bonus. View

Mutual of Omaha

Personal History Interview Extended Hours Update.

Extended Client Interview operating hours have helped speed up the personal history interview process. View

LTC Cost of Care Tools Updated with 2018 Numbers.

Prices continue to rise in every US state, for every level of long-term care service. View

OneAmerica

Coming in July: Updated Asset Care.

By Jan. 1, 2020, all issuers of life insurance are required to reprice their products according to the 2017 CSO mortality tables. OneAmerica has updated the benefits and pricing within their whole-life based Asset Care product suite, and will be launching a new product in July! View