LIBRA PARTNER
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- 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.
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 […]
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 […]
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 […]
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.
PPP loans were designed to be largely converted into grants. But understanding exactly which expenses qualify for PPP loan forgiveness is not always apparent. Principal has created a Paycheck Protection Program expense tracker (reference article below for access) to help you document your expenses along the way to reach maximum loan forgiveness according to your […]
Protective® Classic Choice Term now ranks as a Top 3 option 96% of the time in monthly pay scenarios and a Top 3 option 92% of the time in annual pay scenarios. See recent updates, including added 35- and 40- term periods here. And don’t forget, Protective is on Vive!
Coming June 8, 2020 – Price increase on the GUL & SUL products.Do you have clients with term policies that should be visited for conversion interest? Lock in the current great rate before the increase. Contact our Case Design Team. -On average, UL Protector V single and 10 pays will increase 13-14%, and level pays will […]
Securian has a NEW Life Insurance Taxation Guide, including a discussion of the new Transfer for Value rules.