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Carrier News Bulletin: 09/05/2019 – 09/11/2019

Legal & General

iPipeline iGO Issue Identified for Drop Ticket Submissions.

iPipeline and Legal & General has identified an issue with drop ticket submissions for Banner and William Penn not being received by Legal & General. iPipeline is actively testing a solution planned for implementation by September 18th. Legal & General will communicate when the fix is in place and the issue has been resolved.
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Nationwide

Nationwide Implements New Lower Rates on Term Life Product.

Effective October 7, 2019, Nationwide is repricing the current YourLife Guaranteed Level Term products. The new pricing on these products will decrease or remain unchanged. View Transition Guidelines

Mutual of Omaha

Coming Soon: Decreased GULE Rates.

Effective October 1, 2019, Mutual of Omaha is lowering GUL Express rates, in some cases by up to 30%.
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Prudential

Announcing Life New Business eInterview Enhancements.

Prudential announces new electronic interview questionnaire (eInterview) process, offering an enhanced client experience, has expanded to cases in New Hampshire and Oregon and can be selected on cases submitted on the Xpress Worksheet. eInterview is now available for use in all states excluding New York. View

Announcing Enhanced Informal Inquiry Submission Process.

Prudential announces enhanced Informal Submission process, allowing direct submission of informal cases by email.
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Remove Return of Premium Term Product from the Individual Application – Effective October 14, 2019.

Effective Monday, October 14, 2019, the Application for Life Insurance (ORD 96200) will be revised to remove the Return of Premium Term product. The forms will carry a 10/2019 revision date. View

Symetra

State Approval:

Protector IUL available for sale in California September 12. View