August 2018 Carrier Updates

Last Updated: August 27

Cincinnati Life

  • LifeHorizons Guaranteed Whole Life 01/2018 Discontinued. Due to a compliance issue, the LifeHorizons Guaranteed Whole Life 01/2018 effective January 2, 2018, has been discontinued and will no longer be available effective Tuesday, August 7, 2018. It will be replaced with the new LifeHorizons Guaranteed Whole Life 08/2018 product portfolio, and new rates have been updated within WinFlex and CompuLife quoting and rating systems.
    • Applications signed on or before August 6, 2018, and received in Headquarters before August 13, 2018, must be reviewed for compliance. If compliant, the policy will be issued as applied for. If not compliant, the policy will be issued with the new 08/2018 plan.
    • Applications signed after August 6, 2018, or received after August 13, 2018, will be issued with the LifeHorizons Guaranteed Whole Life 08/2018 plan.
    • Quotes/illustrations dated after August 6, 2018, will need to be requoted with the new LifeHorizons Guaranteed Whole Life 08/2018.

Need help with any of Cincinnati Life's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.

John Hancock

  • Next round of in-force rate action notifications to take place in late September. In late September, we will begin policyholder notifications on the next round of John Hancock and Fortis policies impacted by the in-force rate actions, which will have an effective date beginning with anniversaries on or after January 1, 2019. The 2016 rate action notifications will include John Hancock LTCI individual policies originally issued in Alaska, Maryland, Michigan, Nebraska, North Dakota, South Dakota and Wisconsin. Also impacted are individual Interstate Compact approved policies in Idaho, Iowa and Washington. We will continue the implementation of the 2013 rate action for John Hancock LTCI individual policyholders in Illinois who have received an initial “phased-in” increase.

Need help with any of John Hancock's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.

Lincoln Financial

  • Lincoln WealthAccumulate IUL - Exec Rider Now Available. Business owners can now get the coverage they need without affecting their balance sheet. Click here to see a planning concept.

Need help with any of Lincoln Financial's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.

Pacific Life

  • New Enhancement - PL Smooth Sailing Underwriting Now Accepting Paper Applications! Pacific Life (PL) launched PL Smooth Sailing for PL Promise products*, offering life insurance with death benefit protection, as a predictable solution to fluidless underwriting, on March 19, 2018. Starting on September 3, 2018, the application submission options are expanding to support YOUR preferred way of doing business with Pacific Life. Now you can access PL Smooth Sailing regardless of how you choose to submit business. You are no longer restricted to using the PL Promise ticket to access PL Smooth Sailing for your clients.

Need help with any of Pacific Life's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.


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