AdvisorNet Insurance's 10 Minute Tuesday's will be going on a break for the rest of the summer, stay tuned for a fresh round of new topics in the fall.
Save the Date: AdvisorNet will be hosting a LTC refresher course on September 16th from 9-2. Watch for additional information and an official invitation in the next few weeks.
Reminder: Please make sure you have completed your required state and carrier Annuity training prior to dating an annuity application. If in doubt: contact Cathy Barner or Robyn Santana to confirm.
Bannerwill be implementing a COI increase for select universal life plans August 1st. Policy owners will be notified by letter starting 7/15. Click hereto see a list of potentially effected policies.
Forethoughthas officially joined our carrier line-up. They offer a competitive Annuity/LTC hybrid product as well as fixed an indexed annuity options. ContactCathy Barner for more details.
John Hancock has recently added Estate Equalization tools that help show how life insurance can be used to help divide an estate fairly. Click herefor a sample strategy.
Lincoln's Special Exchange Program allows clients to exchange their external term policies (written in the last 3yrs) from select carriers to their Treasury Indexed UL without further underwriting. Click here for more details.
Met Life has gotten some attention with their launch of the Premier Accumulator Universal Life (PAUL) product on June 1. With a unique spread commission that would be familiar to Asset Managers, it can create very high early cash value with an IRR around 4% in the first couple years. It is Met's second product available for the Enhanced Rate Plus which gives clients the opportunity to boost their rating class from standard to preferred or elite in less than week - with no paramedical exams or lab work required. Contact us for more details.
North American will be hosting a webinar 7/23 on the upcoming changes to the IUL regulations (AG 49) that will be put in place starting September this year.