nschmitt@ubsnet.com

About nschmitt@ubsnet.com

Posts by Nadine Schmitt:

Genworth Update

Read the latest update as of July 6, 2020 here.

While savings rates have been climbing, and many clients being more concerned with a return of their money vs. a return on their money, opportunities for a reasonable rate of return, combined with safety, have been limited. For appropriate clients, a Multi-Year Guaranteed Annuity (MYGA) may be the answer. Consider our 3 year MYGA at 3% or 5 year […]

Alert! Prudential to Eliminate UL Protector (GUL)

We have just received verbal notification that the Prudential UL Protector is being discontinued. To be eligible, applications must be received in our office in good order no later than Monday July 13 at 1 pm . This is a short notification window, but if you have cases in discussion, now is the time to contact your clients […]

Prudential- New Term Rates and Adding 30-year Term

Prudential- Rates will be changing effective July 20, 2020, with some increases and some decreases. Plus, the popular 30-year term is coming back. See the transition rules here and see the new rates here.

The Cost of Long-Term Care

It’s no secret — the cost for various long-term care services goes up every year. With no end in sight, how can your clients afford not to have long-term care insurance?We have resources that can help you educate your clients on just how expensive long-term care services are — and, they’ve just been updated with […]

Webinar June 30: Client Planning Opportunities you can use NOW

Join Underwriters Brokerage Service and John Hancock in this 30-minute webinar discussing key planning opportunities you can use to assist clients NOW! These include “IRA Max, Tax Diversity, Retirement Backstop and Personal Key Person” and will provide you with ideas you can use to reach out to clients immediately. Your Underwriters Brokerage Service team […]

LTC PRODUCT ALERT! MoneyGuard and SecureCare Pricing News

Lincoln MoneyGuard:Effective June 15, 2020, Lincoln Financial will implement pricing increases to all products in the Lincoln MoneyGuard solutions suite. Adjustments on flex-pay designs will see a pricing increase of approximately 15%. Single-pay designs will see a pricing increase of approximately 20%. For applications to qualify for the current pricing, a projection of values and the […]

Lincoln National Life Product Update

Effective June 15, 2020, Lincoln AssetEdge VUL (2020) and Lincoln AssetEdge Exec VUL (2020) accumulation VUL products provide significant cash value growth potential and now MORE INDEXED ACCOUNT OPTIONS. In addition to the Conserve indexed account, AssetEdge is adding 3 new Indexed accounts: Balanced, Perform and Perform Plus, providing competitive alternatives to the Variable Subaccounts and […]

Banner- New Term Pricing

Effective June 10, new rates for Banner Life and William Penn OPTerm 10, 15, 20, 25, 30, 35 and 40 include a mix of decreases and increases. The reprice lowers the monthly modal factor from 0.086 to 0.085. Get details here.

Plan Now, Gift Later

For clients who are on the fence about making large gifts and want a plan that keeps their options open, leveraging lower interest rates with private-finance loans may offer a compelling solution. For more information on how a “wait and see” technique works, check out these popular resources. “Wait and see” loans client guide”Wait and see” […]