Lincoln | May 2022
Effective now, Lincoln will once again offer our Long‐Term Care Rider (LTC Rider) and Lincoln Care Coverage Accelerated Benefits Rider (CCBAR) for new sales in the state of Washington. Read more.
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Posts by Ashley Freeman:
Nationwide | May 2022
Nationwide® IUL Accumlator II 2020 enhancements include two new volatility control indices with 3 strategies each to help limit the impact of Market Volatility.
- Participation rates up to 220%
- In-force policies eligible
- Plus Strategy Credit
- Higher target premiums
Securian | April 2022
We will be requiring eApp or Drop Ticket℠ application submissions for Advantage Elite Select term policies $1.5 million and below starting May 2, 2022. This will ensure that your applications are submitted in good order without the back and forth, so your clients get insured fast and you get the service you deserve. Applicants using our digital applications expressed a 41% higher satisfaction rate compared to the traditional paper application submission. And when paired with our digital Part 2 and WriteFit Underwriting™ your clients can expect a fast underwriting offer. Read more.
Mutual of Omaha | April 2022
Effective May 2, 2022, we will no longer offer the Critical Illness product in the state of Virginia. The Cancer Insurance and Heart Attack & Stroke Insurance products will still be available. Critical Illness applications in Virginia must be signed by the client on or before May 2, 2022 and received in the home office no later than May 6, 2022. Any applications signed after May 2, 2022 (regardless of date received) or applications received after May 6, 2022 (regardless of signed date) will not be accepted. We will not make any exceptions to these dates.
- Pending Critical Illness applications will be processed as applied for. All pending applications older than 60 days are no longer considered valid and a new application will be required.
Lincoln | April 2022
Lincoln’s newest variable universal life insurance product, Lincoln AssetEdge VUL (2022), is available in the states of California, Oregon, and Wyoming. Read More.
Lincoln | April 2022
Lincoln’s COVID‐19 temporary underwriting guidelines have been revised with modifications to the postponement period updates for individuals who test positive for COVID-19 and the validity period has been extended for the “Good Health Statement and Insurability Supplement. Read more.
National Life | April 2022
New SummitLife Indexed Universal Life (IUL) Gives Your Clients More.
- Diversification – New custom index, US Pacesetter, complementing the Balanced Trend Index
- Opportunity – Expanded product marketability with juvenile availability allowing for family sales
- Protection – New Overloan Protection Rider that may activate as early as age 65
Pacific Life | April 2022
PL Promise Term level premium life insurance was repriced to be more competitive! Read more.
Securian | April 2022
Securian is adding a new indexed account option to our accumulation-focused Indexed Universal Life (IUL) products, effective May 2, 2022. The new option will be available for both new and existing contracts, allowing all policyholders to take advantage of this enhancement.
Pacific Life | April 2022
Pacific Life Insurance Company has repriced rates for PL Promise Term1 level premium life insurance—a product specifically designed to serve the death benefit protection needs of the broad market consumer (household incomes of $50K to $250K). Read More.