Click Here To Access NIB’s Multi-Year Guaranteed Annuities (MYGA) Rates
Annuities
American General
New Annuity Rates, Effective November 7
Click here
Annuity Suitability Training Requirements Bulletin
Annuity producers now complete suitability training through Quest CE in all states that have adopted regulatory requirements for annuity suitability. See Bulletin 11-076 for details
Now Brewing
$5 Starbucks gift card when you complete your required annuities training.
South Carolina Annuity Training Requirements
Required annuity suitability requirements for producers. See bulletin 11-090 for details.
Genworth
Important Genworth Annuity Training Updates
Please read the bulletins below to learn more about our migration from paper product specific training to web based training. Please note that effective 11/11/11, we will no longer accept paper attestation forms as proof of completion of product specific training. Producers will be required to complete the web-based training prior to submitting business in states that require product specific training. Each of our products has a unique, one-time training module. This is not an ongoing requirement. Click here for details. Please visit the site and pick a product to see how easy it – this will help you explain how simple and quick it is when producers state they are pressed for time. This does not replace the 4 hour general annuity training; that is a separate requirement. Producers can refer to their state insurance web site for additional information and vendors providing that training. For a current list of state requirements, click here.
BGA Web Based Product Training Update
Annuity Product Specific Training Update
NAIS Suitability Model Regulation Update
Only 9 Weeks Left in 2011 - Make Them Productive with Genworth Annuity Sales
Rates on fixed annuities continue to be competitive and are a good investment in comparison to other fixed alternatives. The features found in an annuity only increase their value & separate them from the pack. Read more
National Rates
New York Rates
CD vs. Annuity
National Underwriter
For Annuities, Innovate or Vacate
The annuity business is experiencing heady times now with product innovation and new players joining the fray, ushering in an era of growth as well as a challenge for survival.
SEC Presses for Better Disclosure on VA Living Benefits
The SEC is starting to put pressure on the insurance industry to be more transparent about the living benefits attached to variable annuities. Read more
Annuity Inflows Dipped 19% in September
The top 10 life insurance companies accounted for more than 68% of all annuity inflows processed in September 2011, a report from the Depository Trust & Clearing Corporation shows. …
Protective Life
Annuity Interest Rate Notification
Interest Rate Notification Summary - Registered Products
Interest Rate Notification Summary - Unregistered Products
Click a link above to view the PDF file, or right-click to save to your desktop. For individual product rate sheets, please visit the Protective Producer Center (for unregistered representatives) or the Protective Advisor Center (for registered representatives), and log in.
West Coast Life
Annuity Interest Rate Notification
Interest Rate Notification - Click the link to view the PDF file, or right-click to save to your desktop. For individual product rate sheets, please visit the Agent Center and log in.
LTC
John Hancock
Reminder: VA Partnership Certification Approved
Our Partnership certification has been approved for Custom Care III and Core Care, effective October 24, 2011. Read this article as a refresher for age and inflation requirements, revised application booklets and an eligible policyholder mailing.
IRS Announces Eligible LTCI Premium Deductions for 2012
The Internal Revenue Service (“IRS”) has announced its annual cost-of-living and inflation adjustments for 2012 in Rev. Proc. 2011-52. Tax laws require the IRS to adjust the dollar amounts of dozens of tax provisions each year to account for inflation, including adjustments for eligible LTCI premium deductions. Read this article for more information and to view a chart that illustrates the allowable deductions.
LTC Awareness Month kicks off Tuesday
LTC Awareness Month officially kicks off Tuesday November 1st. That same day, our Sales Idea Contest, in which you can win an iPad 2, also begins. Read this article for all the details and click the following links to see our new interactive prospecting guide and calendar. We also have a customizable flier to help you spread the word, as well as a prospecting flier that educates you on how existing clients can lead to a wealth of referrals, which is very important in this awareness month.
LTCfocus Sales Idea: Simple, Affordable — Core Care
Are you looking for a simplified and affordable LTCI policy that’s easy to explain to your clients? Look to Core Care today, it can be a perfect fit for clients who might think the cost for coverage is too high or the features are too overwhelming to decipher. Form: LTC-6064
John Hancock Launches iPad App
Called “one of the most promising new apps of the last 24 hours,” by the website AppPicker, John Hancock’s new iPad application in the iTunes store became available on October 25, 2011. Read this article to find out more information.
Lincoln Financial
How to Share Your Knowledge of LTC with Your Clients
You’ve got the knowledge. Share it. More than half of respondents in a recent survey said that LTC expense would reduce their savings.* Put your clients on the right track to get ready for retirement. With Lincoln MoneyGuard® products, they can help protect their savings and receive benefits — regardless of what the future brings. Read more
Get Family Members Talking About Long-Term Care
Empower clients to get ready for a better future. Give them the guidance to protect retirement savings, their independence, and their loved ones. Show them a smart way to prepare for long-term care expense. With Lincoln MoneyGuard® products, your clients can get more for their LTC dollars and receive benefits regardless of what tomorrow brings. Find out more.
Mutual of Omaha
Additional States Have Approved the LTCi Rate Adjustment on In-Force Business
On January 1, 2012, we will begin implementation of the LTCi rate adjustment on in-force business in Kansas, New Jersey and North Carolina (in addition to states listed last week: AL, DE, KY , PA and WV). For a complete list of approved states and additional information on the LTCi rate adjustment, visit the designated LTCi rate adjustment page on Sales Professional Access (SPA). Long-Term Care Page on SPA
How to Get People Talking about LTCi
View this Brainshark to pick up some tips on starting the conversation about LTCi. View Brainshark
National Underwriter
Still No Relief in Sight for Long-Term Needs (New York Times)
The Class Act, the Obama Administration's attempt to provide a long-term care solution for the vast number of consumers that don't have coverage for caretaking needs down the road, was sacked last week, following the release of a report that showed it had little chance of being able to sustain itself over the next 35 years.
The Affordable Care Act is still moving forward without CLASS, Greenlee testifies. But who will serve the needs of the 15 million Americans who need long-term care down the road?
|
