Last updated: March 30

American General

  • Limited-Time Commission Increase for the Power 10 Protector & Power 10 Plus Income, Index Annuities. Call us for detailed information about the commission increase. Reminder: view the powerful new index interest crediting strategies available in Power 10 Protector and Power 10 Protector Plus Income. These strategies can earn interest based partly on the performance of the ML Strategic Balanced Index, a hybrid index that blends equity, fixed income and cash to help generate more stable returns. These strategies have no caps, but include spreads that reduce the total interest that may be credited. Updated product training is now available on Quest CE. You must complete this new product training to continue selling the Power 10 Protector and Power 10 Protector Plus Income Index Annuities. Please click on the following link to access the product training via Quest CE: https://learn.questce.com/naicsuitability/ (Course ID 5281CB).

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.

AXA

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.

Genworth

  • In Force Rate Action Announcement - Arkansas. In August 2012, we announced our intention to seek premium rate increases on certain blocks of comprehensive long term care insurance policies. We recently received approval for the rate increase in Arkansas as indicated in the linked chart. Servicing agents will receive a list of their impacted policyholders in this state prior to the start of policyholder notifications. Policyholder notifications will continue throughout the next year. Impacted policyholders will be notified at least 60 days in advance of their billing anniversary dates.
  • SecureLiving Index 5, Index 7 and Optional Income Protection Rider Changes. SecureLiving Index 5 and SecureLiving Index 7 includes benefits such as guaranteed minimum accumulation value, added renewal protection with an innovative bailout feature, and multiple crediting strategies. The optional Income Protection rider, only available with Index 7, includes benefits such as immediate benefit base growth, simple interest roll up, and daily crediting to the benefit base.
  • SecureLiving Index 10 Plus and Optional Income Protection Rider. SecureLiving Index 10 Plus includes benefits such as immediate contract value growth, added protection with an innovative bailout feature, and multiple crediting strategies. The optional Income Protection rider includes benefits such as immediate benefit base growth, simple interest roll up, and daily crediting to the benefit base.
  • Interest Crediting Rate Changes on Life Insurance Products. Due to the continued low interest rate environment, Genworth has determined an adjustment to the interest crediting rates for some of our interest-sensitive products is needed. The new rates are not less than the guaranteed minimum crediting rates. Although this new money crediting rate change will affect policy value growth, it will not affect secondary guarantee planned premiums for new or existing policies. For detail on specific products affected, see details below.
  • In Force Rate Action Announcement for Kentucky. In September 2013, Genworth announced their intention to seek premium rate increases on certain Privileged Choice® and Classic Select® policies sold between 2003 and 2012. Click the link above for increase details.

Need help with any of Genworth's products?
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John Hancock

  • NEW: Updated Version of JH LTC Illustrator Now Available. John Hancock is providing an updated version of the new JH LTC Illustrator desktop software that is now compatible with all operating systems. If you experienced any prior issues with running the software, you must uninstall it and then reinstall this new version. If you did not experience any issues running the software you do not need to take any action.
  • Introducing John Hancock's Performance LTC. Our newest long-term care insurance product, Performance LTC, offers the most competitively-priced premiums on the market today, along with flexible features and options that will give your clients greater control over their premiums and benefits. For more details about this exciting new product, including where it's approved for sale, as well as the marketing collateral available to support your sales efforts.
  • Suspending Sales of Individual LTCi Product in New Hampshire. John Hancock has made the difficult decision to suspend sales of our individual long-term care insurance product portfolios, including Custom Care III and Performance LTC in the State of New Hampshire effective March 31, 2015 due to recent regulatory changes.
  • CIII featuring Benefit Builder Product and Pricing Changes in New York. Effective March 16, 2015, there are several changes for all new business, including new rates and some changes to features on our Custom Care III featuring Benefit Builder product in New York. These changes were previously launched in all Compact states on May 19, 2014, and in several additional states on September 8, 2014 and on November 10, 2014.

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.

Legal & General

Need help with any of Legal & General's products?
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Lincoln

  • MoneyGuard Prequalification Changes. Jordan Carreira, VP Chief Underwriter and Dr. John Greene are pleased to announce some great news regarding MoneyGuard® prequalification changes! Effective immediately, the following surgeries may be accepted with no postponement period requirement, even if the surgery is contemplated but not yet completed or scheduled.
  • VUL Dollar Coast Averaging Fixed Account Enhanced Interest Rate Program-Extended. Lincoln is pleased to extend the VUL Dollar Cost Averaging Fixed Account Enhanced Interest Rate Program. This program includes a 10% Fixed Account enhanced current interest rate to help with short-term returns while the client transfers funds into variable investment options using a 12-month Dollar Cost Averaging (DCA) program. This annual effective rate is paid on the declining balance in the Fixed Account so the amount of interest earned will be less. These fixed rates do not reflect performance of the variable investment options selected by the client.

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

Minnesota Life

  • Premium Financing Changes. Minnesota Life Insurance Company and Securian Life Insurance Company, a New York authorized insurer, announced new guidelines and procedures for premium financed life insurance contracts. As of February 16, 2015, all premium financed life insurance applications fall under the new guidelines. Below are the changes to the premium financing guidelines and procedures. Complete premium financing guidelines can be found on your advisor web site.

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

Mutual of Omaha

  • NEW: Long-Term Care Rate Increase on In-Force LTCi Business. Long-Term Care insurance (LTCi) is a core product for Mutual of Omaha and we intend to remain a key player in this market for years to come. In order to fulfill this commitment, we actively monitor emerging industry trends as well as our own experience so we can make the adjustments necessary that will allow us to keep our promises to policyholders and remain competitive in the marketplace. For this reason, on June 1, 2015, we will be implementing a rate increase on in-force business in Arizona,Missouri, Nebraska, North Dakota and South Dakota. Impacted blocks of business include only the policies listed below, or their state equivalent, that were sold from 1997 to 2004 (paid-up policies in the affected blocks of business will not be impacted by the rate increase): NHA, LTA, HCA, LT50, NH50.
  • Dan Neary Sets Retirement; James Blackledge Named New CEO. Chairman and Chief Executive Officer Dan Neary has announced his retirement as CEO effective April 1, 2015. He will continue to serve as Chairman of the Board. The Board of Directors has appointed James Blackledge as CEO, effective April 1, and elected him to the Board.

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.

Nationwide

  • NEW: LTC Rider Now Available on Business Life Insurance Products. Two of our business life insurance products - Nationwide® Future Executive UL and Nationwide® Future Executive VUL - now feature the Nationwide® long-term care rider. It's currently the only indemnity-style LTC rider available in the business life insurance market. It's flexible and can be used in a variety of plan designs; among them are executive bonus, buy/sell, stock redemption and multi-life insurance-based retirement plans. It leverages our success story with the Nationwide LTC rider on individual life products, but it's redesigned specifically for the business life market. Please note our long-term care rider currently is not approved in AZ, CA, CT, DC, DE, HI, IN, FL, MT, ND, NJ, NY and SD.
  • Introducing Two New IUL Products. Your clients shouldn't have to choose between price and quality when planning for the future. And with the new indexed universal life (IUL) solutions from Nationwide®, they don't have to. Each one is specifically tailored to meet your clients' individual need for either increased cash value accumulation or death benefit protection - enabling us to offer them at highly competitive prices. And the unique features provided by both products help you further refine the policy to meet your client's goals.

Need help with any of Nationwide's products?
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North American

  • Coming Soon. North American Company is pleased to announce that viewing commission statements online will be automatically available for all agents starting on March 11, 2015. This feature is available to all current and newly contracted agents. It will only allow agents to see their own personal commission statements.

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

Prudential

  • Rate Reduction Program. The Prudential Rate Reduction program has been fully implemented. The program will be used for both formal applications and fully packaged informals including Super Summaries. This program, in partnership with reinsurance, allows certain Table A and B rated applications to be moved to Standard, without the need for the producer to request submission through the program. Please note that this program is not a table shave program (which commonly does not consider underwriting risk factors or judgment). This program is specific to certain ratable impairments where underwriting experience allows for an improved offer.
  • VUL Fund Merger Effective April 27, 2015. In an effort to reorganize certain funds with similar investment strategies, we are modifying the investment option lineup within PruLife Custom Premier II, VUL Protector, and M Premier VUL. This recommendation has been made by Prudential's Fund Board and approved via proxy from those with money in the impacted fund. Effective after the close of trading on April 24, 2015, holdings in the SP International Value Portfolio will be automatically transferred to the AST International Value Portfolio. Impacted policyholders will be notified mid-March and given the opportunity to move their money from the SP International Value Portfolio before the merger takes place. Any allocations (including Premium Allocations, Allocated Charges, Dollar Cost Averaging or Auto Rebalancing) remaining in the SP International Value Portfolio after close of trading on April 24, 2015 will automatically transfer to the AST International Value Portfolio. Please contact your Prudential Life Wholesaler with questions.

Need help with any of Prudential's products?
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Transamerica

  • Important Changes to Our Benefit Increase Options. Transamerica LTC is committed to the long term care market. To ensure we stay true to this objective, we're announcing the following two changes to our product portfolio effective March 9, 2015:
    • We are suspending sales of the 3% Compound Benefit Increase Option (BIO) Rider across all of our product lines: TransCare II®, TransCare III®, and Transamerica Secure®.
    • We will discontinue commissions for sales of the 5% Compound BIO Rider.

Need help with any of Transamerica's products?
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Voya

  • NEW: Upcoming Individual Life Insurance Credited Rate Changes on Inforce Products. On April 1, 2015, the Voya Financial Life Companies will be reducing credited interest rates on the inforce products shown in the table below. Based on individual policy provisions, some products will reflect the rate changes on April 1, 2015. However, others will not see their rates change until after April 1, 2015. There will also be reductions to the Excess Interest Credits for Corp I/II policies in durations 21+. However, those changes are not expected to take effect until February 1, 2016. Please see the accompanying Q&A for detailed information on when these changes will be effective for each product. The new interest rates will be available in the Voya Presents inforce illustration system and on the Inforce Illustration Express on March 30, 2015. These rates will become the default illustrated rates, as well as the maximum illustrated rates, for projections going forward on the products shown below. For policies that declare an interest rate annually on the policy anniversary date, the current rate will continue to be illustrated until the next policy anniversary on or after April 1, 2015, when the new rate will be applied.

Need help with any of Voya's products?
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