Current Issues

Guaranteed Universal Life + Guaranteed Refund Option Rider = OPTIONS!

Are you taking advantage of all the ways Mutual of Omaha’s GUL with GRO rider can benefit your clients? Use our GUL with GRO site on your intranet, in your email marketing campaigns or to customize individual pieces for drip campaigns to driver larger premium case growth.

Our Triple-Threat Term Story

Set up the Term life Answers with these three great reasons:

*Rates: Stellar Age Last Birthday rates for Preferred Plus, Preferred Non tobacco and Standard Non tobacco.

*Riders: Access to amazing riders like the Waiver of Premium for Unemployment Rider.  This rider waives premiums for the base plan and all riders for six months if the insured becomes unemployed.  Don’t forget the Accelerated Death Benefit for Terminal Illness Rider which provides an accelerated death benefit up to $1 million if the insured provides evidence that their life expectancy is 12 months or less.

*Flexibility: Rounding out the trio is our industry-leading liberal conversion privilege.

Strong, flexible life protection at a market-leading price…now available for policies issued in New Your. Check out the product details and the top reasons to sell.

Click here to view product details.

Click here to see the top reasons to sell

In accordance with Actuarial Guideline 49 (AG49), we will be making changes to our IUL maximum illustrated rates.

Read the details about this and get important dates by clicking here.

With the recent Supreme Court ruling on same-sex marriage, we have seen a tremendous interest in what this means for LGBT clients as they move forward financially.

To answer some of the questions, Prudential has updated their DOMA whitepaper, info graphic, and checklist so that financial professionals and advisors have more resources to serve their clients.

Please see the links above so you can share the pieces with your marketers and brokers.

Take a look at the Rapid Builder IUL features now offered in the state of California!

• Chronic Illness Accelerated Death Benefit
• Up to four commission options to meet your needs!
• Interest Rate Bonuses increased to 0.75%
• 13 index selections

Click here to learn more about the availability and all of the new features.

Do you and your agents quote monthly rates for term business?

If so, you may have noticed that SBLI’s new low rates look even stronger against the competition, given our modal factors!

If not, see how much money clients could save versus other competitors’ monthly rates.

For more details please:

– Click here to see the monthly rates competitor rankings
– Click here to visit SBLIstuff.com

As a result of the new Actuarial Guideline 49 (AG49), and other strategic changes, Minnesota Life and Securian Life, a New York authorized insurer, are announcing the following updates to our Indexed Universal Life Insurance (IUL) illustrations.

Effective September 1, 2015, all Minnesota Life/Securian Life, Indexed Universal Life Insurance illustrations will reflect the following changes:

• New Maximum Illustrated Rates for all Indexed Accounts
• Modified Alternative Illustrated Rate

The new maximum illustrated rate will apply to new sales illustrations only. It will not apply to inforce policies where the initial premium was applied to the contract prior to September 1, 2015. The modified Alternative Illustrated Rate will apply to both new, and inforce policies.

In addition, in an effort to demonstrate prudent and disciplined product management to support our high financial ratings, effective August 22, 2015, participating indexed or variable loans may no longer be illustrated within the first five policy years. This change will not affect inforce policies.

Click here for additional information and transition rules.

Accordia Life’s Lifetime Foundation IUL features an innovative combination of death benefit guarantees: an Initial Death Benefit Guarantee that ranges from 5-30 years depending on issue age, and an Extended Death Benefit Guarantee for 50% of the face amount to age 121, assuming the cumulative minimum premium test has been met.

Since Lifetime Foundation launched in March some of you have expressed a desire for increased flexibility when illustrating Lifetime Foundation in competitive scenarios. We have listened to your feedback and responded! Effective July 1, a new solve function was added to Lifetime Foundation that will provide the increased functionality in illustrating Lifetime Foundation that you asked for.

Situations may arise in which there’s a need to compare Lifetime Foundation to low-cost death benefit or life expectancy IUL products. With this update, a new, cash value target solve option has been added to allow you to illustrate Lifetime Foundation in these scenarios. To learn more about this latest illustration update and what it means for you, we encourage you to view this quick presentation.

LTC Acceleration of Death Benefit Rider added to MetLife Promise Whole Life Portfolio:
Licensing and Continuing Education Training Requirements

Starting August 31st, MetLife will add the Long Term Care for Acceleration of Death Benefit Rider (LTC ADBR) to all products in the MetLife Promise Whole Life Portfolio^SM, except MetLife Promise Whole Life 65^SM

Before soliciting or selling this rider, certain requirements must be met. In most states all advisors involved in submitting the application must have the appropriate licenses AND be up to date on their continuing education credits.

Register Now

• MetLife has established an agreement with a continuing education provider, Kaplan Financial Education, to provide the approved LTC Continuing Education at a discounted rate through their website, using “MetCE” as the portal code. The site contains complete instructions for creating a user account and accessing the training. View Kaplan’s training requirements.
• When you complete the training with Kaplan, MetLife will be notified of your completion; you do not need to submit a CE completion certificate to MetLife.
• If you do not wish to complete the training with Kaplan and instead elect to use another state-approved provider, you must submit a completion certificate to Corporate Licensing and Registration (CL&R) at CLR_License_Renewal@metlife.com, or fax it to (908) 552-2444.

Licensing and Continuing Education Requirements will vary by state. These requirements must be met prior to solicitation of LTC ADBR.

For more information about the LTC ADBR and CE requirements, including licensing and training, contact the sales desk.