HELPFUL ARTICLES AND UPDATES FOR BROKERS:
Ohio National ContinuON Disability Income (4/23/12) Client Brochure Marketing Guide
MetLife Promis Whole Life 120 (3/2/12) MetLife will be offering their new whole life insurance product the "Promise Whole Life 120". This product is similar to their MetLife promise whole life product, but allows the premiums to be paid to age 120. This brings the premiums on the whole life policy down and adjusts the dividend payout.
Genworth Product Changes (1/30/12) Due to the low interest rate enviornment, Genworth has decided to make product changes on their UL products. Read More
Prudential (1/27/12) Prudential adds new "Non-Smoker Plus" risk class to all products effective January 3, 2012. Read More
Columbus Life's Extended Standard Program (12/14/11) Any individual life Universal Life, Variable Universal Life, or Survivorship Universal Life plan we underwrite using traditional underwriting manual guidelines which is rated through Table “3” or “C” will be issued standard.
Columbus Life GUL Voyager Guide
Genworth Tackles The "Life Jacket Study" (12/13/11) Genworth's LifeJacket Study revealed the coverage gap that exists in America: More than 42% (52 million) American adults with household incomes between $50,000 and $250,000 do not have life insurance; and for those who do own life insurance, 40% don't think they have enough (average amt of coverage is $155,000). Read More
MetLife Year End Deadlines (11/28/11) MetLife has released its year end deadlines for application submittals along with their new medical impairment guide.
Genworth Releases Privileged Choice Flex (9/6/11) Genworth's Privileged Choice Flex is a new long-term care solution that allows consumers to more easily choose an insurance plan that best suits their lifestyle/budget and they have electronic flyers to help you get the word out. Some features of Privileged Choice Flex include a shared benefit where a husband or wife can reach into their spouse’s portion of the policy for additional coverage. Even if a sick spouse exhausts the total benefit, the well spouse still maintains 50 percent minimum coverage. Privileged Choice Flex also allows access to Genworth’s new Live+Well, a wellness program run in partnership with the Mayo Clinic that provides tools and services to long-term care policyholders, and their spouses or partners.
MetLife Reduces Rates on GLT (6/30/11) MetLife has decided to decrease their term insurance rates in an effort to make their product more competitive in the market. For details on the areas where MetLife will be most competitive Click Here
MetLife Offers Term Conversion Benefits (6/14/11) Click here Click Here 2
Genworth releases LifeLong UL (6/14/11)
Affordable, flexible-premium universal life insurance product with a death-benefit guarantee* that can provide coverage for up to the insured's lifetime. Highly competitive in the level-pay planned premium scenarios.
Client profile:
- Interested in affordable life insurance that can last a lifetime, or whatever period they choose
- Interesting in paying level planned and predictable premiums for budgeting ease
- More concerned about affordability than cash value accumulation
May is Disability Income Insurance Awareness Month (5/16/11) Click Here
Cost of Long-Term Care in Connecticut (5/16/11) Click Here Enclosed are the average private rates for: Nursing Facilities, Home Health Agencies, and Home and Community-Based Services.
How to Find Life Insurance Prospects in the Newspapers (4/29/11) Click Here Newspapers can be a great source for new prospects to life agents. Look for new businesses that have opened, couples that have just recently been married, along with families with newborns.
2011 Tax Reference Sheet (3/8/11) Click Here
The Connecticut Partnership: Quarterly Update (2/9/11) Read More
MetLife Term Conversion Program (1/28/11) Read More If you have ever written a MetLife term policy, they offer one of the best term conversion programs. Even if it was not a Met term policy, there is a list of other carriers that you can convert to a MetLife permanent product.