Last updated: December 22
American General
- NEW: Renewal and service fee changes. American General Life (AGL) is introducing new renewal and service fee compensation for products issued Jan. 1, 2015 and thereafter. You can find these rates on your individual renewal and excess schedule.
Need help with any of American General's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.
Legal & General
- NEW: "Get More" upsell program opt-in. Log in at LGAmerica.com and select the Preferences navigation tab at the top of the page. Scroll down to find the question, and change your preference to "yes". If your agency does business with both Banner and William Penn, you'll need to make this preference selection for each company.
Need help with any of Legal & General's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.
Liberty Mutual
- NEW: Estate Maximizer Next Generation product revision. Due to the prolonged low-interest-rate environment Liberty Life is revising its single payment whole life product, effective December 1, 2014. Death benefit is now decreased by 5% per premium dollar. Commission rates or other product features are not affected.
Need help with any of Liberty Mutual's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.
Met Life
- NEW: eDelivery of life policy docs now available to clients with select whole life and term policies.
Need help with any of Met Life's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.
Mutual of Omaha
- NEW: Accelerated DB for terminal and chronic illness - NY clarification. Click to see a list of dates and policies associated with the new rider.
Need help with any of Mutual of Omaha's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.
Protective
- NEW: Medical exam policy change. Effective December 5, 2014, medical exams are no longer routinely required to be performed by a physician. All affected age and face amounts (all ages for cases above $5,000,000) will now require a paramedical exam.
- NEW: Conversion options for MONY/MLOA acquisition. On October 1, 2013, Protective Life Insurance Company ("Protective Life") acquired MONY Life Insurance Company ("MONY") from the AXA Financial Group ("AXA"). As part of this acquisition, Protective Life also became the reinsurer of an in-force book of life insurance policies issued by MONY Life Insurance Company of America ("MLOA") primarily prior to 2004. Protective Life has collaborated with AXA to create a list of Frequently Asked Questions to help eligible term policy owners and their advisors understand the options for conversion.
Need help with any of Protective's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.
Prudential
- NEW: 2015 Policyholder Dividend Scales. The Prudential Insurance Company's Board of Directors has approved payment of approximately $1.98 billion in dividends in 2015 for participating individual life insurance policies and annuity contracts in Prudential's Closed Block. The 2015 payment represents an increase of approximately $53 million in the 2014 dividend scales for 2015.
- Product improvements coming January 5. On January 5, 2015, Prudential will launch an improved PruLife® Founders Plus UL & PruLife® Index Advantage UL.
Need help with any of Prudential's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.
Transamerica
- NEW: Waiver of premium rider update for CA. Sales of waiver of premium rider temporarily suspended on Trendsetter BL and Trendsetter Express in CA effective December 19, 2014.
- NEW: Chronic illness ADB rider now included in CA. No additional cost for clients; included w/all new Trendsetter LB policies in CA.
Need help with any of Transamerica's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.
Voya
- NEW: Voya Variable Universal Life-ECV and Voya Universal Life-ECV to be discontinued. Click link to view transition rules.
Need help with any of Voya's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.