Advisors Blog

The option to opt-out of AIG's exam-free program Agile Underwriting+ is now available for IUL cases submitted via iGO full eApp. This option may be useful for clients who will likely require exams and labs.

Effective April 30, rates in WinFlex for the Income for Life Rider on QoL Max Accumulator+ II IUL policies will be updated to improve annuity factors and adjust the one-time activation charge for select ages. As a result, the guaranteed income from the rider will increase by an average 15% for issue age 35-55 if the rider is activated before age 80.

Many clients desire a life insurance policy which includes significant guarantees, however the cost to guarantee their death benefit to age 100 may be prohibitive. Advisors may be able to design a premium funding strategy which will guarantee the death benefit to age 90 (past life expectancy) with the option to extend the death benefit to age 100 at a higher premium if needed. This case study illustrates a scenario that provides permanent protection at the optimal cost.

Do you have clients with large loans on their existing life insurance policies? These policies could be drowning from high interest costs, leaving the client with an unexpected tax problem (and no insurance coverage). For clients with loans in danger of lapse, the mirrored loans strategy could help.

Cincinnati Life recently completed an assessment of the medical requirements that apply to all fully underwritten products. As a result, they have updated their guidelines for the medical examinations required for life insurance applications.

Effective April 16th, AIG is increasing cap and max illustrated rates of select index accounts on QoL Max Accumulator+ II and QoL Value+ Protector II.

LGA has developed an alternative to their traditional paper life insurance application (LIA). This new application is a fillable PDF and is now accessible in the Forms section of their Partner Dashboard.

Join us for a special webinar which features highly regarded keynote speaker, Joe Ross, ChFC, CLU, CRC of AIG, who will share his insightful observations concerning changes to the IRA landscape and other information which is crucial to your IRA beneficiary clients and the optimization of their IRA inheritance.

Trendsetter Super Reprice Effective March 25, 2022

Beginning March 28, 2022, Lincoln Financial will implement an updated application package for all life insurance products and submission methods.