February 2018 Carrier Updates

Last Updated: February 26

AIG

  • Annuity Rates Are Improving. Click the link above for details.
  • American Pathway® SolutionsMYG. This single premium tax-deferred fixed annuity with a multi-year guarantee (MYG), offers: (a) Five-, six-, seven- or 10-year initial interest rate guarantee options (10-year term not available in New York), (b) Up to 15% free annual withdrawals after one year, and (c) Activities of Daily Living withdrawal charge waiver in case of emergency.
  • "Grab and go" introductory campaign for life insurance. Ready for use with NMOs, BGAs, & MGAs new to life insurance, recruiting and onboarding producers new to life insurance, or consumers new to life insurance. Foundational info on the value proposition of life insurance featuring: prospecting, cut & paste promotions, sales strategies, and training – 50+ resources available!

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

American General

  • Product Update: Select-a-Term. On Monday, January 22nd, American General released new rates for their Select-a-Term product. Click the link above for more information.

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.

American National

  • Interest Rate Increases. Highlights - see rate sheet linked above for details. No changes to other rates/caps. Click here for the New York rate sheet.
    • Asia Plus 7 & 10 - Various rate and cap changes.
    • Asia Plus NY 7 & 10 - Various rate and cap changes.
    • MYG - Rates increase by 0.10%.
    • WealthQuest 5 & 7 - Rates increase by 0.10%
    • Century - Rates increase by 0.10%.
    • Group Fixed - Rates increase by 0.10%.
    • Executive UL NY - Rates decrease by 0.25%.

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

AXA

  • New IUL Protect product. At AXA, providing clients with clarity on how our products can grow and protect their money is a priority. With our new IUL Protect, we provide clarity you can count on with simple, guaranteed protection and straightforward growth potential. Sales illustrations will be available on January 22, 2018. Visit www.axaforlife.com for marketing tools and resources, once the product becomes available.
    • Simple Guarantees
    • As always, our simple “no-math” guarantee to age 90 means no guesswork or calculations, just a simple number you can rely on (or for 40 years, if purchased under age 50).
    • Our Long-Term Care Services Rider offers guaranteed protection plus flexibility for your client and their family without the typical tradeoffs.
    • Straightforward Growth Potential
    • Introducing: Rising Interest Credit, a unique feature that delivers direct cash value to your clients when interest rates rise, on top of their index return.
    • Introducing: Higher and stronger caps, designed to increase growth opportunity with less likelihood of a decrease in caps in a falling interest rate environment.

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

Cincinnati Life

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

  • Introducing a New Upgrade Program: John Hancock HealthyEdge. John Hancock HealthyEdge - our new proprietary crediting program - will replace our HealthStyles program, which will be retired at the end of 2017. Our new HealthyEdge program rewards your clients for living healthy, through things like regular preventative and maintenance care, by offering them the opportunity to qualify for a better risk class. Effective January 2, 2018. Our underwriters will automatically consider your Standard or better cases, taking into account additional health and lifestyle factors that can improve the offers. Your decision memo will indicate when a HealthyEdge upgrade has been applied. Click the link above for more information.

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.

Prudential

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 York Product Offering Changes. We're streamlining our product line to focus on the products you've told us are the most important while developing the new products and services you've asked for. Our TransACE® CV NY product will no longer be available for conversions effective February 16, 2018. All applications must be signed and in the home office by 4pm EST on February 16, 2018. Applications with external 1035 exchanges will not be accepted due to policies needing to be in force by March 19, 2018. Click the link above for details.

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.

Need help navigating the ever-increasing selection of products from these carriers? Learn how partnering with us can help you earn more, better serve your clients, and sell more life insurance online.

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