South Dakota and New Mexico Regulations - Effective Dates
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5 Apr 2022
South Dakota Regulation - Goes into effect January 1, 2023
Read MoreSection 1035 Exchange of Life Insurance with Policy Loans
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17 Mar 2022
IRC Section 1035 allows Tax-Free Exchanges of life insurance policies in a gain position (i.e. gross cash value greater than adjusted cost basis) so that cash values can be easily transferred to more financially efficient policies. Sometimes greater death benefit and/or lower premium can result from the exchange in addition to desirable contract guarantees.
Read MoreSecurian’s SecureCare will be replaced with SecureCare III
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15 Mar 2022
| Effective March 26, 2022, Securian’s SecureCare will be replaced with SecureCare III. See below for Important Dates and Transition Guidelines: |
John Hancock announces New Protection IUL – Increased Pricing
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24 Feb 2022
Effective March 4th, 2022 John Hancock Protection IUL (2021) contract will be replaced with Protection IUL (2022). Based on our initial testing, the pricing is increasing with most designs and ages.
Read MoreNAIC New Best Interest Standard for AL, AZ, AR, CT, DE, IA, ID, KY, ME, MI, MS, MT, NE, ND, OH, RI, TX, & VA
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4 Aug 2021
Arizona, Arkansas, & Iowa Regulation:
Agents who have already completed a four-hour NAIC training course prior to January 1, 2021, must complete one of the following by July 1, 2021:
Read MoreNational Guardian Life - Product Enhancements and Pricing Changes to EssentialLTC
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18 Mar 2021
**RELEASED BY National Guardian Life**
A product that can now do more
We have been listening to your feedback and are excited to announce your suggestions were used to enhance EssentialLTC! The changes are geared toward making it easier to sell, and the new features will allow you to offer your clients a product that can do more.
Read MoreJohn Hancock - Changes to product offerings in New York
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18 Mar 2021
John Hancock has long maintained separate products and processes for the New York market where they operate as the John Hancock Life Insurance Company of New York and serve approximately 180,000 customers. This approach generally serves all stakeholders well, but the separate products and processes create a level of complexity and inefficiency. After a thorough review of their new business activities, they've made the difficult choice to reduce their product portfolio in New York and will no longer offer the following products for sale:
Read MoreLincoln VUL One & SVUL One (2019) Reprice
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21 Feb 2021
Effective February 16, 2021 and in conjunction with the launch of Lincoln VULONE (2021) and Lincoln SVULONE (2021), Lincoln is announcing pricing updates on the current Lincoln VULONE (2019) and Lincoln SVULONE (2019) to align with the 2021 product pricing.
Read MoreComing Soon – Lincoln MoneyGuard Market Advantage (VUL)
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4 Feb 2021
Effective February 16, 2021, Lincoln will introduce the next generation in long-term care planning and expand its MoneyGuard portfolio with the launch of Lincoln MoneyGuard Market AdvantageSM, pending state and firm approvals. Lincoln MoneyGuard Market AdvantageSM is a variable universal life insurance policy with a long-term care rider.
Read MoreComing Soon – Lincoln VULONE (2021) and Lincoln SVULONE (2021)
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4 Feb 2021
Our new Lincoln VULONE (2021) suite launches on February 16! It’s the same Lincoln VULONE you’ve always relied on, now with more options. You can continue to offer guaranteed lifetime death benefit protection with market-driven growth potential, while also offering options that can reduce cost and increase your cash value and death benefit protection.
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