800-377-4776

Newsletter March 1, 2017

by | Mar 1, 2017 | Newsletter

March 1, 2017

 
UPCOMING WEBINARS

 

  • The 10-10-10 Plan
  • AG 49 Inforce – new actuarial guideline
    Join this webinar for to find out more about the latest Index Universal Life Insurance Illustration regulations as required by the NAIC. The webinar will address:
    – How does this affect your existing IUL clients
    – How does this affect new IUL illustrations
    – How does this affect IUL products from AIG

  • InsMark Life Plan Report
  • AIG Advanced Markets: Key Person Insurance
  • Unleash the Power of IUL
    Learn how life insurance can be the key to achieving financial goals by simultaneously growing and protecting your clients’ retirement security.

  • Estate Planning 101
  • Executive Bonus Basics
  • AIG Advanced Markets – Executive Bonus Arrangements
  • AIG Advanced Markets – Deferred Compensation
  • AIG Advanced Markets – Split Dollar
  • Introducing Orion IUL – COMING SOON!
    A flexible death benefit is just one of the great features. Attend one of the upcoming webinars to learn even more!  Attend one of the webinars below to learn even more.

  • Debunk LTC Myths for your Clients
  • An easy way to enhance your client’s retirement strategies
    This webinar will unveil the five derailers that can disrupt, or even destroy, the retirement that your clients have been working so hard towards. You’ll explore actions to take that can help fortify their retirement income.

 

  • Learn about the Quest Series of Annuities
    • This webinar is held every Monday and Wednesday at 2:00 PM CT.  Click here to register for a date that works best for you!
  • Learn about the Wealth Builder Series of Annuities
    • This webinar is held every Tuesday at 2:00 PM CT.  Click here to register for a date that works best for you!

 

Back to Top
SALES, MARKETING & INDUSTRY ARTICLES

 

 

  • Retirement: life’s most expensive purchase
    A new report from Merrill Lynch and Age Wave says the average cost of retirement is 2.5 times that of the average house. Read more.

 

Back to Top

 

CARRIER NEWS

 

 

 

 

  • OneSource Online – a new website COMING MARCH 6th – Learn more.

 

Back to Top

 

LIFE INSURANCE

 

 

  • A life policy that’s like retirement protection
    Help your clients protect their retirement plan with one permanent life policy that can cover them in three situations: an untimely death, a chronic illness or simply outliving retirement funds. Asset Protector – a package of longevity and chronic illness living benefit riders – makes it possible for consumers to use their life insurance benefits while they are still living. It’s almost like…retirement insurance.
  • Upcoming AG 49 Inforce Training
    Learn more about the latest Index Universal Life (IUL) insurance illustration regulations as required by the National Association of Insurance Commissioners (NAIC). Attend a live webinar.
  • Unleashing the Power of IUL
    Educate clients on how to leverage one of the most powerful financial tools in the country to its utmost potential. Attend a live webinar.
  • The sequence of returns – it matters!
    The order of returns has an impact on how long a portfolio will last if the portfolio is in the distribution stage and if a fixed amount is being withdrawn from the portfolio. Learn more.

 

 

  • Signature IUL has 4 one-year strategies – Learn more.

 

 

  • Free underwriting upgrades continue – Get details.
  • No needles or exams!
    Do your agents have clients that they think will be eligible for standard or better rates on a single life case? Take the Fast Lane and get that case placed quickly! Leverage Tele-med interviews to skip the lab. Fast Lane underwriting average is 5 days – compared to the normal underwriting average of 26.

 

  • Marketing Kits – now available
    Not only has Banner reduced its’ OPTerm rates across all ages, genders, bands, and classes, but they’ve made marketing easy too!  You can help your agents market to millennials, tobacco users, women, people with 30-year mortgages – whatever the need is.  Term life insurance can be a solution for them all. Download these marketing kits to share flyers, videos, and social media content with your clients and prospects.

  • Exchange Program Extended
    The OPTerm 25 Exchange Program has been extended until March 31, 2017. Read more about the program and find marketing materials on the microsite.

 

(Brighthouse)

  • Important Information regarding illustrations, applications, forms and eNew Business – Get details.

 

  • SecureCare UL – COMING SOON!
    Launching in March 2017, SecureCare UL combines a permanent universal life insurance policy with long-term care benefits. This combination product can give your clients flexibility for the future and protect the assets they’ve worked so hard to build. SecureCare has 3 guarantees:

    • If clients need long-term care, a tax-advantaged monthly benefit helps cover expenses associated with care.
    • When clients die, their beneficiaries receive a death benefit – even when clients have exhausted their entire long-term care benefit.
    • If clients want their money back, they can receive a premium refund, subject to a vesting schedule.
    • Learn more by attending one of the upcoming webinars. See the schedule in the webinar section above.
  • Orion Indexed Universal Life – Learn about this new product.

 

  • Living Promise Whole Life postcard – Upload. Preview. Send.
    Have your agents customize this postcard and send it to their clients and prospects! Gender, underwriting class or face amount are a few of the fields. Check out the sample; then contact United of Omaha to order them for you. Once they’re ready, they’ll ship them to your agent.
  • Start helping business owners diversify
    For business owners looking to build wealth outside the business, your agents should be considering Income Advantage IUL. The Marketing Solution Center has everything they need to start a campaign: flyers, phone scripts, email templates and more.
  • Illustrating retirement planning concepts
    Learn what’s included on this valuable report; as well as how you can add it when you run an Income Advantage IUL illustration.
  • Suspended products – reminder
    Effective March 1, 2017, sales of GUL Plus and GUL Survivor products are suspended. GUL and GUL Express WILL remain available for sale. Get complete details and transition rules.

 

 

  • Underwriting Cholesterol – case study
    Meet Steven! On Steven’s blood test, his cholesterol was 275 with a cholesterol ratio of 4.8. The rest of his medical history is favorable; and he otherwise qualifies for Super Preferred. Old guidelines would limit Steven to Standard rates. With the new guidelines, Steven now qualifies for Super Preferred rates. Download more case studies.
  • New General Purpose Life Application for NJ
    Effective immediately, please use the revised General Purpose Life Application for sales of Guarantee Builder IUL 4 and Builder IUL 8. Read the bulletin.

 

  • Monthly Level Transfer Option for Indexed Choice UL – NEW!
    Indexed Choice UL now allows automatic transfers of a fixed dollar amount from the Fixed Account to the Indexed Account each month. This may be ideal for lump sum premium payments that the policyholder would like to transfer into the Indexed Account over a 12-month period, rather than in a single lump sum. Previously, transferring funds between the two accounts was only allowed once a year. Learn how it works.

 

  • A traditional retirement strategy may not be enough for some clients
    Help protect them from outliving their retirement savings by adding more life insurance. Access sales materials.
  • UL Protector reprice – NEW LAUNCH DATE
    The UL Protector reprice that had been targeted for February 27, 2017 will now launch on March 6, 2017. The updated transition rules and state approvals will be available soon.

    • Level pay increases will range from 4 – 10% varying by cell. Average increase of 6% for ages 55 – 75.
    • Single pays increases will range from 9 – 19%. Average increase of 12% for ages 55 – 75.
    • CTPs will be increased. Generally, CTPs will be higher than level pay premiums.
    • Face amount limits will be removed on applied for policies using the new rates.

 

  • Great new rates!
    SBLI has new rates on their guaranteed level premium term life insurance products for face amounts $500,000+ and level term riders. In addition, they are introducing a number of underwriting enhancements; including an increased retention amount of $2,000,000. Learn more.

 

Back to Top

 

ANNUITIES

 

 

  • A powerful combo for clients’ retirement strategy
    Help reduce portfolio market risk with The Power Series of Index Annuities and add steady growth potential with the ML Strategic Balanced Index. The blending of equity and fixed income indices could give clients the potential for steady returns even during down markets. Have your agents download the consumer brochure to share with clients.

 

 

Back to Top

 

LONG TERM CARE

 

No bulletins this week.

 

Back to Top

 

DISABILITY / CHRONIC ILLNESS

 

  • Increased benefit amount for Priority Income Protection – Get details.
  • 3 products designed with your client’s recovery in mind – Learn more.

 

Back to Top

 

MEDICARE SUPPLEMENTS

 

 

Back to Top

 

BROKER/AGENT INCENTIVES

 

 

 

 

 

CASH IS KING – annuity incentive 

(Qualification period: ENDS March 31, 2017 )

 
Earn a CASH BONUS for your annuity sales.

 

Get complete details.

2018 IMG Conference – Riviera Maya

(Qualification period: January 1 – December 31, 2017)

Earn your way to the 2018 Independent Marketing Group Conference at the Grand Velas Resort in Playa del Carmen, Riviera Maya Mexico.

Get complete details.

____________________________________________________________ 

 

 

 

 

2016 EPIC Reward – Elite Producer Club

(Qualification period: ENDS March 31, 2017)

Receive a 1% commission bonus on your annuity business this year.

 

Learn how.

 

______________________________________________________________

 

2018 Independent Leaders’ Conference

Spend five days and four nights from May 15-19, 2018 at one of the finest hotels Maui, Hawaii has to offer – the Ritz-Carlton Kapalua. Stay tuned for ongoing details; including eligibility rules.

Download the venue brochure.
See the producer qualifications.
See the Marketing Organization qualifications.
Check out this video to learn more!

________________________________________________________________

 

Elect To Sell SIUL This Fall!

(Qualification period: ENDS March 31, 2017)

Prudential is giving you the opportunity to earn an additional 20% compensation on new Survivorship Index UL business.

Get complete details.

 

 

 

Back to Top