Advisors Blog

AIG's interest crediting rates will be adjusted on July 23, 2022 with highlighted changes noted below to reflect the latest market trends. Please refer to the interest rate flyers for a complete view of the changes and updated rates for both new business and inforce products.

After July 31, the traditional paper LIA (ICC08-LIA and state variations except for NY) will be rejected.

Americans are under-prepared for future health care expenses and without proper planning, a serious accident or illness could rob your clients of their financial security. Help make sure that they are protected in the event of a chronic illness with the Accelerated Access Solution available on our IUL products.

The majority of people will need long-term care (LTC) at some point during their lives, and the costs can be significant.

Hybrid LTC offers your clients an efficient way to plan for these potential expenses. The included LTC coverage carries a death benefit that protects premiums paid from loss if LTC benefits are not needed.

Effective immediately, any financial professional appointed with an AIG Life & Retirement business now has a 2-year window to renew their AML training, dating back to the last date of AML training completion.

AU+ is AIG's streamlined underwriting process that’s available for issue ages up to 59, risk classes from Standard to Preferred Plus, and face amounts up to and including $2 million!

AIG has increased the street level commission on the 10-Year Select-a-Term! To confirm your commission schedule please log into Connext and find your schedule, under Contracting & Commissions, and Agent Lookup. Also effective May 23, 2022 there will be premium rate changes in all states except New York, where rates will remain the same.

Performing periodic life insurance reviews is a sound practice, ensuring that their clients’ life insurance portfolios continue to meet their evolving needs, while keeping pace with ever-changing market conditions. Policy Reviews analyze changes in insurance carrier ratings, structure, portfolio management and overall policy performance. 

As more and more employees leave their jobs voluntarily, how will your business owner clients attract and retain the right talent? Businesses are already offering key employee benefits at record levels and more than half of those businesses want to offer more benefits! But what do they want? What do they need? To get a better perspective, Principal asked more than 1,000 business owners about their priorities as well as the importance of benefits for their key employees.

Equitable is making the following changes to their Term Series 160. Effective May 2, 2022, the following changes will apply to Level Term 10, 15, 20 and ART: The minimum face amount will be raised to $1,000,000 except for applications signed in New York or Puerto Rico.