The National Association of Insurance Commissioners (NIAC) has moved back the effective date of AG49-A to December 14, 2020. After this date, all illustrations for new IUL business must comply with the new guidelines. However, each carrier has their own transition rules so please refer to them before submitting an IUL application. Apps submitted after […]

A UL Designed for the Executive Benefits Market Introducing Protective® Executive UL

Important IUL Product Updates and Year-End Dates 2020 IUL Product Updates

IMPORTANT UPDATES: AG49A TRANSITION RULES AND DECREASED CREDITING RATES FOR SYMETRA UL-G AND CAUL PRODUCTS On December 14, 2020, Actuarial Guideline AG49A will go into effect, and any indexed universal life (IUL) illustrations prepared for Symetra IUL products must adhere to the new guideline. LEARN MORE

Update to AG49-A effective date and Lincoln transition dates NAIC has adjusted the effective date of AG49-A to December 14, 2020. With this change, Lincoln Underwriting and New Business has also adjusted application deadlines to secure pre-AG49-A illustration requirements for the existing Indexed Universal Life (IUL) products. Refer to our updated year-end guidelines for these […]

The National Association of Insurance Commissioners (NAIC) is making enhancements to Actuarial Guideline XLIX (AG 49), which governs indexed universal life (IUL) insurance products. The new regulation is called AG 49-A and is designed to provide more consistency in IUL illustrations by limiting how products with index-linked interest rate enhancements can illustrate. AG 49-A goes […]

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At Protective Life, doing the right thing is at the foundation of everything we do. This is why we wish to inform you that effective October 19, 2020, we are slightly increasing rates for Protective Advantage Choice UL product. This price change enables us to continue offering this solid, well-designed protection solution that meets our […]

On November 7, 2020, Nationwide will launch an update to our Nationwide IUL Accumulator II, Nationwide IUL Protector II and Nationwide Survivorship IUL products. The changes build on our low-cost, transparent design that’s focused on putting customers’ needs first. Transition Guidelines LEARN MORE

Nationwide is committed to carefully managing our life product portfolio to remain the strong, stable carrier insurance professionals and their clients can rely on. To keep that commitment, and in response to the volatile markets and continued low interest rate environment, we are making cap and spread rate changes to the products listed below. LEARN […]

New Pricing: Effective October 8, 2020 Give your clients the option to purchase simple, straightforward protection that can cover them into retirement and beyond. Our competitive, guaranteed level term OPTerm series comes in durations of 10, 15, 20, 25, 30, 35 and 40 years! A new digital application gives eligible customers an easier path to […]

At Prudential, we are committed to maintaining financial discipline and continue to review impacts to the index accounts, and the upside they can offer. Effective October 2020, there will be some improvements to the uncapped index accounts, particularly to the index account spreads. Please note, there are no changes to cap rates form the previous […]

Coming Soon: NEW Long-Term Care Rider Effective October 12, 2020, Lincoln will be introducing the newest addition to its life insurance rider portfolio, the Long-Term Care Rider (LTC Rider). Only available at policy issue, at an additional cost, this rider is designed for clients who have a primary need for death benefit protection but are […]

New Accumulation IUL Frequently Asked Questions

At Protective Life, delivering what’s promised is a decision — one we make every day — and doing the right thing is the foundation of everything we do. LEARN MORE

We’ve repriced Protective Classic Choice term to have new lower rates in multiple cells, putting it in the Top three or better 96% of the time in monthly pay scenarios and in the Top three 91% of the time in annual pay scenarios. *These new rates go into effect today, September 21, 2020. LEARN MORE

Mutual of Omaha will be making IUL Cap and Participation rate changes effective November 10th. LEARN MORE

Advantage Elite Select Term clients have an opportunity to convert single-life term policies into most of our permanent life products, including survivorship products. A conversion credit is available on all of our Advantage Elite Select Term products.1 LEARN MORE

Pacific Life – Lynchburg has increased the face amount limit on their Promise GUL from $2.5M to $3.5M, effective today. LEARN MORE

You Can’t Control the Economy––But You Can Offer Clients Protection with the #1 VUL Carrier Economic uncertainty has taken a toll on interest rates. Still, clients need financial protection for the people they love. And they want it from a strong insurer––even better if the coverage is through the number one variable universal life carrier¹ […]

PRODUCT HIGHLIGHTS Eclipse Survivor II IUL Why Eclipse Survivor II IUL? • Strong cash value growth potential • Unique estate planning solutions • Joint coverage for cost savings • Optional No-Lapse Guarantee Agreement LEARN MORE

Introducing: Term Conversions with AAS (Accelerated Access Solution) Chronic Illness Rider! As of 08/31/2020, Select-a-Term policies issued in the past 5 years could be eligible to convert to a permanent policy with the AAS Rider. NonInvasive underwriting will be required to determine eligibility for the AAS Rider. The maximum AAS benefit is $3 Million, and […]

New Rates for PL Promise Term Life Insurance On September 7, 2020, Pacific Life is adjusting rates for PL Promise Term,1 a product specifically designed to serve the death benefit protection needs of the broad market consumer (household incomes of $50K to $250K). LEARN MORE

PruLife® Index Advantage UL Gets a Refresh On August 17, 2020, Prudential launched revisions to PruLife Index Advantage UL (Advantage UL). LEARN MORE

Upcoming premium limit changes While our competitors are pulling back from this market, we are charging forward with our guaranteed universal life and guaranteed indexed universal life insurance products. Our strength and stability provided by our prudent investment philosophy and private ownership allows us to continually evaluate opportunity and options to our distribution partners and […]

New Pricing: Effective August 11, 2020 Give your clients the option to purchase simple, straightforward protection that can cover them into retirement and beyond. Our competitive, guaranteed level term OPTerm series comes in durations of 10, 15, 20, 25, 30, 35 and 40 years! LEARN MORE

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There were several changes announced today. 1. $500k premium limit for VULone and SVULone 2. Enhanced UW program for AssetEdge VUL 3. TermAccel and LifeElements Term re-price 4. IUL and VUL cap, par and spread changes LEARN MORE

Symetra Accumulator IUL: Index Cap and Participation Rate Changes Effective September 14, 2020 Due to the continued historically low interest rate environment, we will be decreasing Symetra Accumulator IUL’s index cap and participation rates. LEARN MORE

Term Reprice Announcement: Effective August 8, 2020. LEARN MORE

You can earn double points on business submitted from August through October. Review our flyer for complete details.

First Protective learned that EMSI, a paramed vendor, unexpectedly closed their operations on July 3, 2020 because of low service volume due to the COVID-19 pandemic. READ MORE.

We’ve repriced Protective Classic Choice term to have new lower rates in multiple cells, putting it in the Top 3 or better 95% of the time in monthly pay scenarios and in the Top 3 93% of the time in annual pay scenartios. These new rates go into effect today, July 20, 2020. LEARN MORE

As of July 24, 2020 a new version of the Guaranteed Issue Whole Life (GIWL)1 product will be replacing the currently offered one. This new version has a Limited Pay feature, revised premium rates, and a maximum issue age of 80. LEARN MORE

On Monday August 17, 2020, the revised PruLife Index Advantage UL will be introduced, subject to state approvals. LEARN MORE

John Hancock offers two ways your clients can reduce their premiums and earn rewards for living healthy with the John Hancock Vitality Program – one product offers the benefit as an optional rider, and the other has the Vitality benefit built in. LEARN MORE

Repricing Coming to Term Essential® and Term Elite® See Why We Remain Competitive (And guess who’s back?) In response to the low interest rate environment, effective July 20, 2020, our rates for both Term Essential and Term Elite will increase for most term durations. Note that, for non-NY policies, there is a rate decrease for […]

Pricing Update – Lincoln LifeGuarantee® SUL (2019) – 07/13/20 As the life insurance industry continues to operate in today’s challenging and changing environment, Lincoln remains committed to proactively manage our business as part of our disciplined approach to financial and risk management. LEARN MORE

Craving an underwriting process that helps to ensure a higher placement ratio? Look at the 12 competitive sweet spots where PL Promise Life Insurance from Pacific Life can help you deliver the best underwriting offer to your client the first time. LEARN MORE

Prudential has decided to change our maximum retention limit to no more than $10 million, effective immediately. Since this change is consistent with the COVID-19-related reduction put into effect in March, there is no formal transition period. LEARN MORE

From time to time, we evaluate our product portfolio and make adjustments to ensure our customers are getting the best value possible. After careful consideration we’ve decided to suspend sales of UL Protector. LEARN MORE

Due to the current economic environment that has driven interest rates exceptionally low, we decreased indexed account caps and fixed account crediting rates on PruLife Essential UL and PruLife Founders Plus UL® for new policies applied for on or after June 29, 2020. Here are the rates: LEARN MORE

On Monday July 20, 2020, the revised SVUL Protector will be introduced, subject to state approvals. The following rules apply to any request for New Business, Term Conversion, or OPAI (Option To Purchase Additional Insurance) Conversion. LEARN MORE

On March 13, 2020, American General Life Insurance Company (AGL) and The United States Life Insurance Company in the City of New York (US Life) implemented a premium cap reduction to GUL and VULG. With our recent pricing adjustment, we are making premium cap updates on June 27, 2020 to better support our Distribution partners […]

In response to the low interest rate environment, effective July 20, 2020, our rates for both Term Essential and Term Elite will increase for most term durations. Note that, for non-NY policies, there is a rate decrease for 10-year term and no change for 15-year term. And, effective July 20, 2020, 30-year term is back! […]

New rider on the Lincoln WealthAccumulate IUL (pages 3 and 4). LEARN MORE

Securian Financial is committed to building secure tomorrows by doing the right thing today. To deliver on this promise and in response to the historically low interest rate environment, Securian Financial will implement the following product updates to SecureCare in all Compact states1 and South Dakota on July 18, 2020. These updates will be implemented […]

Our team is committed to providing low-cost coverage and long-term protection options. We’re always looking for ways to improve, whether in pricing or process, to offer the best value and experience for you and your clients. LEARN MORE

Coming Soon – Lincoln AssetEdge® VUL (2020) and Lincoln AssetEdge® Exec VUL (2020) Same death benefit protection offering significant market-driven growth potential Effective June 15, 2020, subject to SEC and state approval, The Lincoln National Life Insurance Company is pleased to announce the newest product in its variable universal life portfolio, Lincoln AssetEdge® VUL (2020). […]

Protective Classic Choice Term Rate Change and Higher Max Issue Ages LEARN MORE