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Carrier News Bulletin: 1/10/2019 – 1/16/2019

AIG

List Bill No Longer Available For New Policies.

Effective February 1, 2019, List Bill (also called Group Billing or Payroll Deduction) will no longer be available as a payment method for new policies. View

 

American National

Life Insurance Premiums During The Government Shutdown.

Policies entering a pending lapse status due to nonpayment of premium by either the government directly, or by a policyholder who is not being paid because of the government shutdown, will have up to 30 days after the shutdown is resolved for premiums to be paid for that policy. Learn More

 

Genworth

In-Force Rate Action Announcements:
• California Partnership: PCS I, PCS II, Choice 1
Effective 01/14/2019
• New Mexico: Pre-PCS, PCS I, PCS II with Stable Premium Option, Choice 1 with Stable Premium Option
Effective 01/14/2019

 

Legal & General America

Stay Connected With Your Key Contacts.

The key contact lists have been updated for Banner and William Penn.
Download Banner Key Contacts
Download William Penn Key Contacts

“The Basics” Has Been Updated.

This manual provides an overview of procedures for defined business areas. View

 

Lincoln Financial Group

Coming Soon – Lincoln Unified Application.

Effective February 11, 2019, Lincoln will launch a new application and new paper ticket for all life insurance products and submission methods, integrating all life insurance product processes into one streamlined approach. View

Coming Soon – Expansion of Automated Underwriting Capabilities.

To further streamline the underwriting process, beginning February 11, 2019, Lincoln will be expanding existing automated underwriting capabilities to LincXpress TeleApp submissions. View

 

Mutual of Omaha

Get a Faster Underwriting Decision.

Accelerated Underwriting, for Term Life Answers Speed eTickets, provides you with an underwriting decision in 48-72 hours! View

LTC Underwriting Process Improvement.

Mutual of Omaha introduces a convenient option for clients to schedule their telephone interview. View

Enhancements to the New Amazon Connect Phone System.

Learn about the recent enhancements to Mutual of Omaha’s new phone system, and get tips that will help improve your service experience. View

 

Principal

Principal Life Online.

See how this innovation can automate every step of your clients’ journey from application to policy issue. You’ll save time on your end and offer your clients more convenience, too. Get Details

 

Protective

Personnel Update

Mark McVeigh has been named Senior Vice President of Life Insurance Sales for Protective Life. View Announcement

 

Securian

State Approval

On January 21, 2019, Securian Financial’s SecureCare Universal Life will be available in Hawaii. Learn More