Life Insurance Illustrations Update:
Beginning September 27, 2019, all active life insurance products will be removed from the Winflex illustration system. Beginning September 30, 2019, illustrations for the following Brighthouse Financial® life insurance products will be only available through brighthousefinancialpro.com:
• Brighthouse One Year Term (OYT)
• Brighthouse Conversion Whole Life (CWL)
Important Product Changes.
Global Atlantic is updating its life insurance product portfolio to be compliant with the 2017 Commissioners’ Standard Ordinary Mortality Tables (CSO). By December 31, 2019, all products based on the 2001 CSO Table will be retired and no longer available for new sales. All products using the 2001 CSO Table must be issued by December 31, 2019. View
Lincoln Financial Group
• External 1035 Exchange Transition Guidelines – Lincoln MoneyGuard
• Coming Soon – Lincoln MoneyGuard III – New Jersey
Mutual of Omaha
• New Lower Lifetime Guaranteed Premium on GULE
• IUL Caps are Changing
• Living Benefits of Life Insurance
PruLife SVUL Protector Now Offers a Lifetime Guarantee.
As of October 14, SVUL Protector will be one of the most competitive survivorship variable life insurance products on the market, offering highly competitive lifetime guarantees plus the potential to accumulate meaningful cash value. View
Changes Coming to Term Portfolio on October 28, 2019.
Term Essential® and Term Elite® are being revised and remain competitive and attractive to clients. View
PruLife Return of Premium Term.
Effective October 1, 2019, PruLife Return of Premium Term (ROP Term) is no longer available for purchase. View
Prudential Rate Reduction Program Changes.
Changes have been made to the Prudential Rate Reduction program, reducing the maximum age for submission through the program from 70 to 60. The $10 million face amount limit has not changed, nor have there been any product changes. The change was effective September 2019. View
Securian Financial Joining iPipeline Drop Ticket.
Securian Financial will be available for Drop Ticket on iPipeline at the end of September.
Introducing: Securian Financial’s Care Management Program™ for SecureCare Universal Life Policyholders.
Securian Financial’s Care Management Program (Care Management) is designed to help make the transition from needing care to getting care as smooth as possible for SecureCare policyholders and their families.