Introducing ULTRA-PREMIER, a new SPDA from Mutual of Omaha
The new Ultra-Premier annuity is designed to offer your customers more competitive interest rates, while providing them with a safe, secure place for their money to grow. More HERE.
Product Changes
Mass Mutual introduces Signature Care 600 LTC
On Feb. 1, MassMutual will introduce SignatureCare 600, the company’s newest stand-alone long term care insurance (LTCi) product. Available to brokerage, it will feature gender distinct pricing and a new submission process. Join us on February 6th at 1 pm ET for a introductory webinar that will look at the product’s new enhancements and features.
Trouble Joining? Try Skype Web App
Join by phone:
1-857-327-8503, 17640851# (Dial-in Number)
1-844-567-1320, 17640851# (Dial-in Number)
Legal and General America: Important Notice About Accelerated Underwriting in NY
Accelerated Underwriting in New York State
Based upon the recently released Circular Letter No. 1 from the New York State Department of Financial Services (available here), William Penn Life Insurance Company of New York will be withdrawing its APPcelerate accelerated underwriting program while we continue to assess the requirements of the Circular Letter.
All William Penn applications signed on or after Monday, January 28, 2019 will be subject to traditional underwriting and not eligible for the APPcelerate accelerated underwriting program.
Important Asset-Care Product Changes Effective January 2, 2019
From OneAmerica: “Beginning Jan. 1, 2019, the option of joint life with 4% acceleration will no longer be available on any Asset-Care product. This change allows us to maintain a healthy, robust product portfolio and continue providing products for consumers that are more life and LTC balanced.”
For more information, including transition rules, please click here.
New LGA Term Rates Hit the Mark … Again!
LGA offers super-competitive pricing, great service and the longest term coverage available in the market, with options for 10, 15, 20, 25, 30, 35 and 40 years.
Competitive Term Price Rankings
OPTerm pricing for Banner ranks #1 – 73% of the time.
William Penn pricing ranks #1 – 73% of the time.
Check out our updated term webpage lgamerica.com/term to find administrative guidelines, product specifications and more.
Introducing OPTerm 35 and 40!
Legal & General America is revolutionizing the term insurance marketplace as the only carrier to offer level premium coverage for up to 40 years!
Give your clients the option to purchase simple, straightforward protection that can cover them into retirement and beyond. Our competitive, guaranteed level term OPTerm series now comes in durations of 10, 15, 20, 25, 30, 35 and 40 years! OPTerm 35 and 40 provide the same great pricing and service that you have come to know from Legal & General America.
For more info, please click here.
New Rates for Trendsetter Super
You asked for better rates, and on November 17 it’s happening. Get a sneak peek at lower term life insurance rates across the board for our popular Trendsetter Super Series. The changes take effect Nov. 17.
See where Transamerica wins and view transition rules.
Now Available on ADDvantage® Term: Critical, Chronic, and Terminal Illness Endorsements
North American is pleased to announce the addition of the accelerated death benefit endorsements for critical, chronic, and terminal illness on the ADDvantage® term product effective September 24, 2018.
DOWNLOAD the bulletin for more information.
SBLI Rate Reduction: Great New Rates Arrive on July 23!
SBLI is pleased to announce new term rates for all non-nicotine classes, effective Monday, July 23, 2018. The rates supporting our unique all risk classes, no medical exam accelerated underwriting process, will be much more competitive. Also, rates for our traditionally underwritten business will be particularly strong. Transition rules can be found here.