As was widely anticipated, the Trump Administration issued a final rule on April 7th (the "Delay Rule") that delayed the applicability date of the Fiduciary Rule by 60 days, from April 10th until June 9th. As we explain in more detail below, the Delay Rule also provides new, streamlined, transitional versions of the Best Interest Contract Exemption ("BIC Exemption") and Prohibited Transaction Exemption 84-24 ("PTE 84-24") that permit the continuation of traditional insurance commissions and other forms of compensation.
Many insurance companies are changing and enhancing life products aimed at the employee benefits market right now.
This creates new opportunities for advisers and clients to discuss both what they have in place and any improvements they can make to offer an even more robust benefits package to employees.
About three years ago, Joe Thomas sat down with a visionary coach. At first the now-five-year MDRT member from Birmingham, Alabama, had been reluctant, thinking the idea was "hokey." But he gave it a try and has been stunned by the effectiveness of having someone to hold him accountable for the things he wants to hold himself accountable for.
A suite of materials designed specifically to help advisors connect with their female clients and tailor their practice to address the specific needs women face.
SBLI has a program that will allow clients 18-60 applying for $500,000 or less to purchase coverage and never have to do an exam.
We feel like saving time in underwriting and delivering a better customer experience is worth the extra cost. In fact, beginning April 3, 2017, we will be contacting you about the option of moving a case each time we receive an application that fits into the parameter of the program.
The TBA Mobile App was designed to give advisors the ability to be more efficient while away from the desk. This app has all of the tools needed to create sales as well as process paperwork more efficiently. It can be downloaded on your phone or tablet. It is available to download for free from the app stores of Apple, Android, and Kindle.
