Save the Day with Select-A-Term: Improved Rates for $250k+ Cases
Exciting Term Premium Reductions from AIG.
•Improved pricing for bands 250K+
•Lower bands remain the same
•Rated case advantage – leading rated case pricing
•Tailored Plans – 18 different term durations (10,15-30, 35-year term)
Additional information available here.
OneAmerica Announces new Ticket App!
Watch as we demonstrate just how fast and easy it is to now submit an application with OneAmerica. Their new ticket platform, available via paper and online submission, is an easy 1-2-3 process.
Webinar registration is available here.
Transamerica LTC Pricing Revision in New Jersey
From the carrier: “Transamerica Life Insurance Company remains committed to you and to the long term care insurance market. As such, it’s important that we modify our premium rates for new TransCare® II and TransCare® III business to reflect actual claims experience by policyholders. These rate changes will also maintain consistency in our pricing across our product portfolio which will allow Transamerica Life Insurance Company to remain highly competitive within the marketplace.
These refreshed rates are exclusively for new sales of TransCare® II and TransCare® III in the state of New Jersey and will become effective 7 a.m. CT February 1, 2018.”
Full details and transition deadlines can be found here.
Grow Your Business with Customizable Materials from Protective!
Your favorite site, now better than ever. Visit the new SellWhatMatters.com, now with even more materials available for customization.
Congress Passes Tax Cut Act: Overview & Observations from Prudential
The latest edition of Prudential’s Advanced Markets Insights provides an overview of some of the major changes under the new tax law and some of Prudential’s initial observations regarding some planning opportunities involving life insurance.
LGA Now Accepts Apple Wallet and Google Pay for Premium Payments
In addition to pay by phone and pay by text, Banner and William Penn customers can now pay by digital wallet.
Customers will be able to receive bill notifications, past due notifications and have the ability to pay their premium via the wallet apps on their smart phones.
Policy owners or payors will need to add the LGA pass to the wallet app on their smart phones. There are two apps, one for iPhones (Apple Wallet) and one for Androids (Google Pay). Digital wallet payment is not available on an iPad.
• Customers can add the pass via their Legal & General America online Profiles by selecting the Apple Wallet or Google Pay buttons. This action adds the pass to the customer’s account.
• If the bill hasn’t been paid, the notification will be sent 5 days prior to the due date.
• The customer has the option to pay the bill via the pass or simply use it as a reminder.
• If the bill hasn’t been paid 15 days after the due date, another notification is generated. The 30-day late payment offer is still sent by regular mail. All other paper correspondence remains in place.
Prudential Year End Guidelines
To guarantee compensation is generated by Prudential in 2017, all delivery requirements “In Good Order” (IGO), including the premium, must be received by Prudential no later than 12/15/2017, 4 pm ET. (Cases placed and active on our administrative system by 12/22/2017 will generate compensation for 2017). Full details here.
New Underwriting Kit from Legal and General America
LGA has put all of their underwriting materials into one convenient location. Find quick links, the Underwriting Field Guide, case studies, newsletters, social content, and the new sweet spots video. Just pick and choose what works for you. Available here.
North American Now Available on RapidApp!
North American is now the 8th carrier available on our RapidApp. With outstanding conversion products and competitive pricing, now is the time to write North American.
Transamerica LTC: TransCare II Pricing Revision in CT
“Transamerica Long Term Care Update: State of Connecticut Pricing Revision for TransCare® II
Transamerica Life Insurance Company remains committed to you and to the long term care insurance market. As such, it’s important that we modify our premium rates for new TransCare II business to reflect actual claims experience by policyholders. These rate changes will also maintain consistency in our pricing across our product portfolio which will allow Transamerica Life Insurance Company to remain highly competitive within the marketplace.
These refreshed rates are exclusively for new sales of TransCare II in the state of Connecticut and will become effective 7 a.m. CT October 31, 2017. ”
More information, including transition guidelines, can be found here.