Category Archives: Underwriting Alerts

IUL Spring Training Webinar Series

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AimcoR’s IUL Spring Training

Please join us as we hear from our carriers about their Indexed Universal Life products, including sales techniques and case studies.

Time: 2:00 pm Eastern / 1:00 pm Central / 12:00 pm Mountain / 11:00 am Pacific

TO REGISTER OR JOIN DIRECTLY, CLICK ON BELOW WEEKLY LINKS:

Week 3: 5/17  Prudential, American General, Aviva

Week 4: 5/23  John Hancock, AXA, MN Life

Week 5: 5/30  Lincoln Benefit, ANICO, North American

For a complete printout , CLICK HERE.

Keynote Speaker: If you missed the outstanding presentation by industry expert, Bobby Samuelson, Founder & President, Samuelson Design, then CLICK HERE for the video-recording.

John Hancock LifeCare Product Being Discontinued

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John Hancock is pulling their LifeCare product effective tomorrow, Friday, May 18th. All applications/drop tickets must be submitted by that date and all pending cases must be processed by Friday, June 15th.

We were just recently notified by our John Hancock representative about this matter so it’s important that you get any pending business submitted ASAP.

The reason that John Hancock is discontinuing this product is due to very slow sales; however, they will continue to have the long term care rider on all single premium life products as a viable option.

If you have any questions, please contact us.

John Hancock’s HealthStyles Case Studies + 2 Reminders

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John Hancock’s HealthStyles program provides eligible clients the opportunity for an improved underwriting class through an innovative crediting program. Clients can obtain
a better decision through several factors the underwriter considers, such as a healthy lifestyle and preventative medical screening. CLICK HERE for information and case studies.

Reminder:  Issue Deadline For Protection UL 11 – May 15, 2012 (does not affect Protection UL 12). CLICK HERE

Reminder: As of May 1, John Hancock has changed the maximum Extended No-Lapse Guarantee (ENLG) duration on Protection SVUL (all states) and Protection VUL (NY) to age 90. CLICK HERE for more details.

IMPORTANT Genworth Colony Term UL and UL 30 News

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Colony Term UL Rate Changes and Colony Term UL 30 Temporary Suspension

The Genworth Financial companies announce an increase to rates on Colony Term UL 10 and Colony Term UL 20. Additionally, we will temporarily suspend sales of Colony Term UL 30. We believe that our strategic focus and actions are a prudent path for Genworth and support our commitment to our customers, producers and the Main Street consumers we serve.

Read more – CLICK HERE