Term: Lower Premiums + Competitive Conversions.
There are a lot of term policies out there. See how American National compares. View
In-Force Rate Action Announcements:
• Nebraska: Blue Cross Blue Shield Private Label
Legal & General
Accelerated Underwriting in New York State
Based upon the recently released Circular Letter No. 1 from the New York State Department of Financial Services, William Penn Life Insurance Company of New York will be withdrawing its APPcelerate accelerated underwriting program while it continues to assess the requirements of the Circular Letter. All William Penn applications signed on or after Monday, January 28, 2019, will be subject to traditional underwriting and not eligible for the APPcelerate accelerated underwriting program. View
Important Ops, Products, and Underwriting Updates
View this week’s copy of the Lincoln Leader for details on upcoming changes. View
Mutual of Omaha
Improvements to Automated Underwriting.
Mutual of Omaha has recently made some improvements to our Automated Underwriting instant decision tool to improve your experience with the Living Promise e-App. View
Automated Underwriting for Living Promise e-App Updates.
Ongoing improvements will continue. Recent enhancements include screen updates and fixes. Review these tips for the e-App experience. View
Coming in February: Electronic Delivery of Term Policies.
The launch of eDelivery is just around the corner. This new feature offers:
• Added convenience
• Greater efficiency
• Faster coverage
Once eDelivery rolls out, all Principal Term life policies will be delivered via email. You can then get eSignatures or, if preferred, print the policy to get physical signatures. View
Revised Consent for Electronic Policy Delivery – Effective January 14, 2019.
The revised Consent for Electronic Policy Delivery will be available on the PruXpress website Monday, January 14, 2019. View
REMINDER: Guide to Writing Insurance on Juveniles – Effective January 14, 2019.
In light of the new MD Juvenile application implemented on January 1, 2019, please take a few minutes to review the attached highlighter, “Underwriting, Guide to Writing Insurance on Juveniles (ages 0 – 17)” (1010611), as well as these reminders. View
SuranceBay’s SureLC: Enhanced Producer On-Boarding Experience.
Prudential is pleased to announce an enhanced producer on-boarding experience utilizing SuranceBay’s SureLC contracting tool. View
SBLI Top 2 for Females 81% of the Time.
SBLI is in the Top 2, 81% of the time, for females and the Top 3, 98%, ages 25-45, seeking $250,000-$500,000 of term insurance based on monthly rate rankings. Their Accelerated Underwriting process is guaranteed for everyone, never requires medical exams, and is fast for agents and their clients! View
Corrections Made to Confirmations for Client EFT Deduction Change Requests.
It has been discovered that monthly EFT confirmations were either not sent or sent with incorrect amounts between October 8, 2018, and November 29, 2018. Please note that EFT deductions were processed correctly, but clients may have either received no confirmation, an incorrect confirmation, or duplicate confirmations. This error has been corrected. You and your client will be mailed a copy of the corrected confirmation for your records.