May 17, 2022
Available now, subject to state availability, Lincoln WealthPreserve® 2 Survivorship IUL (2022) offers long-term protection, built-in guarantees, and lifelong flexibility. Built for couples who want solid, cost-effective protection for two lives under one policy.
After careful consideration, Lincoln has made the decision to discontinue new sales of Lincoln LifeGuarantee® UL (2019) and Lincoln LifeGuarantee® SUL (2019) (Survivorship UL), which accounted for just 1% of all Lincoln Life sales in 2021. These changes are effective in all states, June 10, 2022. The changes do not impact inforce policyholders. Read More.
Informal Process Update
To provide strong service on large/higher premium informal cases as well as your formal applications, we are updating our informal submission guidelines as follows:
• Minimum face amount of $1M on permanent products
• Minimum face amount of $4M on term products
This change in our process will allow us to focus more resources on your larger/higher premium cases and formal applications.
New S&P PRISM Index Now Available!
- The new indexed account offers stable growth potential. It encompasses a long-term outlook by leveraging a variety of strategies – such as diversification, positive momentum and risk control – aiming to provide consistency. Read More.
Persistency Bonus On Premier Variable Universal Life (PVUL) Policies
- A new persistency bonus will be added to PVUL policies issued on or after April 29, 2022. This bonus is an added benefit for clients looking for more accumulation potential in their variable life policies.
May 10, 2022
PDA rates are increasing by 0.25% for PDA durations 2 through 7. The changes took effect on 5/1/2022. Please reach out to your Securian Financial Sales Team for details.
Symetra is committed to the IUL marketplace always looks for ways to offer products and services that provide value for our customers. We have introduced a new version of Accumulator IUL–Accumulator Ascent IUL. Read More.
With more competitive top tier pricing Ascent IUL Pricing and a new Index called the Putnam Dynamic Low Volatility Excess Return Index Strategies Putnam Index Strategies. Read More.