LIBRA PARTNER
From Prudential:• PruFast Track maximum face amount will be permanently increased to $3 million. Based on our experience over the past several months, we are making a permanent change to offer accelerated decisions on cases up to and including $3 million. The probability of receiving an accelerated decision (no exam/lab/medical records) is higher at the […]
New AG 49-A regulations are slated to go into effect November 25, 2020. IUL illustrations cannot include multipliers, bonuses or buy-ups (such as higher cap or par rates with a charge.) Use this short guide to learn what’s changing and implications for IUL illustrations.
See the full transition rules here.
Pac Life has provided advance notice that they will be raising their GUL max face amount from 2.5Mil to 3.5Mil effective September 21. See formal announcement here. Contact our Case Design Team if you need illustrations before the official announcement.
Nationwide is offering CE opportunities for the fourth quarter. See details here and register soon, as they do anticipate these to fill up quickly.
Prudential Tickets- Quick Submit App, Vive and iGO are back! While a recent transition of vendors temporarily disrupted the use of tickets, this issue has now been resolved. You are once again able to submit Prudential business via tickets using: VIVEQuick Submit AppiGo Prudential continues to offer competitive rates, excellent conversion options and underwriting. Contact our Case Design Team for quotes or questions.412-281-0600fax […]
If you’ve got clients sitting on cash reserves, offer them an opportunity to earn more for their dollars with principal protection and no risk of market losses. For more details on these and other highly competitive MYGA rates contact: Annuity@ubsnet.com Also ask us about a $250 commission bonus for select MYGA e-Applications for submissions through September 30, 2020. Ask for details Pre-appointment is required […]
On September 7, 2020, Pacific Life Insurance Company is adjusting rates for PL Promise Term,1 a product specifically designed to serve the death benefit protection needs of the broad market consumer (household incomes of $50K to $250K). For this reprice, new rates may be higher or lower than the old rates. Rates have been refreshed […]
All Principal Term applications with face amounts of $1 million and less must be submitted via Drop Ticket, effective Sept. 8, 2020. Exceptions to this requirement are cases where the insured is a resident of New York and life/individual disability insurance combo cases. You need to submit all Principal term cases of $1 million and […]
Linked/Hybrid LTC Resource Guide This product type provides for significant Long Term Care benefits using a life insurance “chassis”, but with a minimum death benefit, and offers guaranteed premiums and design flexibility.The Hybrid/Linked products available today vary with respect to issue ages, benefit periods, inflation options, etc. Who are the market leaders in […]
