Last updated: October 31
Accordia Life
- NEW: Now available in Wyoming. Click here for complete state approval map.
- Have been admitted in CT; in the process of filing products there now. MA approval expected in the near future.
Need help with any of Accordia Life's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.
John Hancock
- NEW: Custom Care III featuring Benefit Builder available in CA effective November 10, 2104.
- NEW: Product and pricing changes in MT and ND effective November 10, 2014.
- Several changes for all new business, including new rates and some changes to features on Custom Care III featuring Benefit Builder in states listed above.
- 2014 minimum benefits for partnerships in CT, IN, and NY announced. Effective January 1, 2015, all Partnership policies in CT, IN, and NY must meet or exceed the state-mandated minimums. Click here 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.
Legal & General
- NEW: Reminder: Transition guidelines for OPTerm. New William Penn apps received through November 25, 2014 will be issued with rates most favorable for the applicant. New rates will apply to all new Penn apps received November 26, 2014 and later.
- OPTerm rate change. Click here for official bulletin. They will issue pending apps with the new rates effective as of October 6, 2014 (if lower than prior rates). New apps received through November 7, 2014 will be issued with the best rates for the applicant. New rates will apply to all apps received on and after November 8, 2014. Modified rules apply to NY replacement business.
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.
Lincoln Benefit Life
- NEW: Lincoln Benefit Life variable life products have sub-account changes. Customers will be notified by mail. Call (800)865-5237 with questions.
- Products affected: Consultant SL, Consultant Accumulator, Consultant Protector
- Change summary: ClearBridge Variable Fundamental All Cap Value Portfolio - Class I merged into ClearBridge Variable Large Cap Value Portfolio - Class I on or around December 5, 2014.
Need help with any of Lincoln Benefit Life's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.
Lincoln Financial
- NEW: Lincoln LifeEnhance Accelerated Benefits Rider on Lincoln WealthPreserve SIUL coming soon.
- Effective November 10, 204, Lincoln will introduce a survivorship version of the Lincoln LifeEnhance Accelerated Benefits Rider on Lincoln WealthPreserve Survivorship IUL. Includes updated benefit triggers for when both insureds or the surviving insured develop a permanent chronic or terminal illness. Available at an additional cost in approved states.
- Term rates getting better: premiums reduced or staying the same for all ages. Effective November 10, 2014, Lincoln LifeElements® Level Term (2014)1 is being refreshed with no pricing increases.For cases not yet in force, the insured will have the choice of products. To request a change on any application currently in underwriting, notify them in writing or email, indicating the desired change. Change points:
- Solidified key competitiveness at ages 45+ w/face amounts of $500k and higher
- Improved competitiveness at ages 40-44
- DB decreases allowed beginning in year four, subject to minimum face amount requirements
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.
MetLife
- NEW: Restructuring notice & system downtime. MetLife will merge three of its US life insurance companies and one of its offshore reinsurers as of Friday, November 14, 2014, subject to regulatory approval. Please suspend solicitation and sales of fixed and variable life and annuity and individual disability products from November 14-17, 2014. Systems used to generate illustrations, marketing material, forms, and more will be down during this period.
- Good Order date for GAUL is October 17, 2014. All apps for Guarantee Advantage UL must be received in good order by this date.
Need help with any of MetLife's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.
Mutual of Omaha
- NEW: Term Life Express Drug Exclusion List. Get this new quick reference guide for drug exclusions on their Life Express products. For any proposed iinsured currently taking any of the medications that are listed.
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.
North American
- NEW: Waiver rider discontinued in CA. Click here to view affected riders. Due to recent regulation changes, effective October 20, 2014, North American will be discontinuing the Waiver of Monthly Deduction rider on all currently available universal life and indexed universal life products in CA.
Need help with any of MetLife's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.
Prudential
- NEW: Mexico/non-U.S. foreign residence guidelines update. Residents of certain areas w/in Mexico will now be eligible for better rates, including Preferred Best. Click here for official bulletin.
- NEW: Beginning October 6, 2014, the Hartford Term to Prudential Permanent with BenefitAccess Rider Conversion Program will be available. All products may not be available for sale in all channels. Click here to read the official bulletin.
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: Product withdrawal in Puerto Rico. Freedom Index Universal Life IISM and Freedom Global IUL IISM products withdrawn with the release of TransNavigator IUL. Apps for outgoing products must be received in good order by COB November 21, 2014.
- TransNavigatorSM IUL update: adjustments to maximum illustrated rate. Effective October 10, 2014, the maximum illustrated rate on this product will be 10%. Caps on the index accounts are not changing at this time. Click here for updated marketing materials.
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.
