Last Updated: March 22
AIG
- New Non-Medical Underwriting on Max Accumulator+ and AG Platinum Choice VUL 2. Effective April 16, 2018, Max Accumulator+ and AG Platinum Choice VUL 2 policies that fall within predetermined guidelines will be processed with non-medical underwriting; resulting in a fast, convenient path from submission to approval.
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.
Brighthouse
- Brighthouse Simple Underwriting Changes. In addition to simplifying rating classes, Brighthouse Financial is implementing a simpler, less invasive, and faster underwriting process.
Need help with any of Brighthouse's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.
John Hancock
- New Protection UL. Now, with newly extended guarantees and some of the lowest premiums in the industry, Protection UL offers a lifetime of affordable security.
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.
Mutual of Omaha
- Mutual of Omaha Lowering Guaranteed Premiums on life Protection Advantage IUL. Beginning April 1, Mutual of Omaha will lower premiums to guarantee coverage to age 85 for most scenarios and will maintain extremely competitive positioning when solving for premiums to carry to age 120.
- Coming Soon: Accelerated Underwriting for TLA. Mutual of Omaha's Term life Answers, launching April 1, 2018, uses data that can quickly be obtained to eliminate lab testing and exams for Standard, Standard Plus, Preferred and Preferred Plus applicants who qualify based on age, personal history, and face amount requirements.
- Upcoming Rate Adjustments. Review the upcoming rate adjustments in CA.
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.
Principal
- Reduced Term Rates. Principal reduces rates across many age ranges and underwriting classes.
Need help with any of Principal's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.
Prudential
- A Single Deposit Solution that Pays Premiums Over Time. PruLife Index Advantage UL® is the first product to offer our new Premium Deposit Account.
- Prudential's PruLife Index Advantage UL (2018). As of February 26, 2018 pending state approvals, you’ll be able to offer your clients the enhanced PruLife Index Advantage UL. Lower costs, a new bonus potential, and additional features your clients want and need make the product even more attractive. Enhancements include:
- Lower charges – Asset based charge reduced by 50 basis points
- Reduced duration of charge – from 15 down to 7 years
- NEW Premium Deposit Fund – very useful for Premium Finance business
- Guaranteed 20% bonus on index interest which is premium based unlike non-guaranteed persistency credits or multipliers
- NEW version of Benefit Access Rider which means the condition does NOT need to be permanent to qualify for claim
- Maximum age for Option C death benefit increased to 75
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.
Sagicor
- Accelewriting will increase on Sage Term to $1M on March 10th. The term/accelewriting increase will be launched on 3/10. Here are the supporting documents:
- Sage Term 10/15/20 Year Term Life Insurance - For Producer Use Only
- Sage Term Product Guide - For Producer Use Only
- Accelewriting Process Brochure - For Producer Use Only
Need help with any of Sagicor's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.
SBLI
- SBLI E-Policy Delivery Launch. We are launching on Thursday, April 12, 2018 a new enhanced e-delivery process, providing you with a quicker, easier option, for the delivery of your clients’ policies. We have partnered with DocuSign®, the global leader in eSignature, to bring you this great new system. Please note your agency will be automatically set-up for e-policy delivery unless you notify us otherwise. The following summarizes the new enhanced e-policy delivery process that will come into effect April 12, 2018:
- The e-delivery option will be made available to all qualified applicants.
- Following a policy’s approval and issue, an email will be sent to the client providing access to their policy documents for review at www.mysbli.com. Note this step will only take place if e-policy delivery has been allowed by your agency AND the client has authorized it.
- The policy will go in-force once the premium has been paid and all delivery requirements are satisfied.
Need help with any of SBLI's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.
Transamerica
- Electronic Application Signature Rules. In order to clarify the various electronic signature methods, a helpful Grid/Checklist has been developed. It outlines the electronic signature rules for various products. View the grid/checklist now, or access through your agent portal. If you have any questions, don't hesitate to contact your sales desk. Click the link above to access the checklist.
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.
