Did you know a Standard rating can mean a lower premium payment on a life insurance case than the same case rated Preferred with another carrier?

Take a look at this example comparing North American's Custom Guarantee universal life to competitors:

 

Male Age 45, $500,000 Death Benefit
Single-Pay Premium to Guarantee to Maturity

Company

Product

Risk Class

Guarantee Premium

North American

Custom Guarantee

Standard Non-Tobacco

$89,529

Principal

Universal Life Protector IV

Preferred Non-Tobacco
(or second-best)

$90,507

American General

AG Secure Lifetime GUL II

$90,885

Lincoln Financial

Life Guarantee UL

$109,025

Protective

Protective Advantage Choice UL (guaranteed
to 110)

$129,531

Banner Life Insurance Company

Life Choice UL

$164,173

 

Male Age 55, $500,000 Death Benefit
Single-Pay Premium to Guarantee to Maturity

Company

Product

Risk Class

Guarantee Premium

North American

Custom Guarantee

Standard Non-Tobacco

$132,091

American General

AG Secure Lifetime GUL II

Preferred Non-Tobacco
(or second-best)

$139,816

Lincoln Financial

Life Guarantee UL

$148,936

Principal

Universal Life Protector IV

$150,958

Protective

Protective Advantage Choice UL (guaranteed
to 110)

$172,796

Banner Life Insurance Company

Life Choice UL

$220,006

Information taken from Winflexweb and is believed to be accurate and current as of 04/29/2014.*

 

 

* Competitor information is obtained from sources believed to be reliable, but its accuracy or completeness is not guaranteed. If there are questions regarding this information, please contact a representative from the applicable company. This data is for informational purposes and is not intended as a solicitation or a recommendation of any insurance product. All expressed information or opinions are subject to change without notice. Insurance Company names are strictly used for comparison purposes. North American Company for Life and Health Insurance does not have a business relationship with the companies being depicted nor does it offer products from any of these companies.

Custom Guarantee is issued on policy form series LS170 by North American Company for Life and Health Insurance, Administrative Office, Sioux Falls, SD 57193. Products, features, riders, endorsements or issue ages may not be available in all jurisdictions. Limitations and restrictions may apply.

525 W Van Buren | Chicago IL 60607 | www.NorthAmericanCompany.com

FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.
NAH-2827 5/14

 

 

 

    
 
SNAP Services    Brought To You By: SHAW AMERICAN
 
 
 
Get Forms and Illustrations in 15 minutes or less.
Policies Issued within 3 business days.

Contact Us Today 1-800-626-5888 or [email protected]

Confident in Your Index UL Illustrated Rate? 

At the heart of every index universal life insurance sale is the illustration, which features the much-debated illustrated rate.

 

Ask yourself: 

  • What is your confidence level in your illustrated rate?
  • What is your client's confidence level?
  • How does that confidence level vary based on your client's needs and the products that you're illustrating?
Date: Thursday, May 22, 2014
Time: 2:00 EST

Lincoln - Available as of May 12, 2014

 

LifeReserve IUL Accumulator (2014)

  • New High-participation account

  • New Uncapped account

  • New Optional Dollar Cost Averaging Account (DCA) - currently at 4%

New Automatic monthly allocations

 

Please join the Competitive Services Group to discuss the new Lincoln LifeReserve� Indexed UL Accumulator (2014).

Date
:  Thursday, May 15, 2014  
Time:  3:00 p.m. ET  
Join Web PortionClick here
Join Audio Portion: 888-764-3633; Passcode: 6591893#  

 


John Hancock 2012

John Hancock - LTC - Available as of May 19, 2014         

PLEASE NOTE ALL LTC SALES ARE TEMPORARILY SUSPENDED IN CA AS OF MAY 19, 2014

 

Custom Care III featuring Benefit Builder - Compact States

  • Total increase on gender distinct rates is 15%

  • Total increase on unisex pricing (for sponsored group employer market only) is 27%

  • Couples/Partner discount for unisex rates is increasing to 35%

  • Waiver of Home Health Care Elimination Period rider cost is increasing to 17%

Custom Care III featuring Benefit Builder and Custom Care III - All States

  • Max issue age lowered to 75

  • Max daily benefit lowered to $400

  • Max monthly benefit lowered to $12,000

  • Removal of Compound Inflation through age 75

  • Removal of the 10-year benefit period

  • Removal of Survivorship & Waiver of Premium rider 

United of Omaha  Fit Maximum Face Amount Increased

 

Your clients don't have to be Olympic-caliber to qualify for Fit.  

 

Our underwriting credit program just increased the maximum face amount to $5 million ($10 million GULS) and made some enhancement to the qualifying characteristics on April 28, 2014.  Take a second look at the cases you have in your office and give us a try to see if you can get them a better rating with Fit credits.  

 

Program Parameters:  

  • Age 18-75
  • Minimum Face Amount = $250,000
  • Maximum Face Amount = $5 million ($10 million for GULS)
  • Nontobacco users  
  • Base rating after normal credits to table 4 or less
  • Does not apply to flat extra ratings, rateable cancers, rateable CAD with onset before age 50, rateable stroke history, Type 1 diabetes or rateable substance abuse cases. 

 

Available as of April 28, 2014

  • Premium caps increased to $2,000,000 on GUL, GUL Plus, AccumUL Plus, and AccumUL Answers

  • Premium caps increased to $1,000,000 on GUL Survivor

 

PruTerm One!

Prudential Rock
Introducing PruTerm One:
 PruTerm One is an annually renewable, convertible term product that can provide coverage for clients with short-term life insurance needs.
 
PruTerm One offers clients:
  • Short-term death benefit protection

  • Competitive pricing for short-term durations (1-3 years)

  • Protection to fill a temporary gap in coverage

Get started today! The PruTerm One eKit contains materials you can use with clients as well as strategies to help you find and seize new business opportunities.
 
 
 
 
 

 

 


Quick Links
 
 

Electronic Applications 

 

Shaw Assist 

 

Mobile App 

 

Term Quotes 

 

New Producers 

 

Contact Us:

Phone: (800) 626-5888

Fax: (888) 329-7429

www.shawamerican.com

 

Jon Shaw

President, CEO, CFO

[email protected]

 

Susan Newland

Vice President 

UW Case Manager

[email protected]

 

Kevin Early

Underwriting Case Manager

[email protected]

 

Marie Causey

Executive Office Management

[email protected]

 

Jeremy Combs

Manager Accounting and Commission

[email protected]

 

Stephanie Shaw

Advertising Marketing 

Coordinator

  [email protected]  

 

Amanda Combs

Marketing Specialist

[email protected]

 

Lisa Haag

New Business Support

[email protected]

 

Theresa Massie

New Business Support

[email protected]

 

Tara Morris

Marketing Specialist

[email protected]

 

Hank Sutton

Marketing Specialist

[email protected]

 

Misty Hampton

Receptionist

[email protected]

                                                         

At Shaw American we greatly value our advisors and recognize that they're the life blood of our company. If there's anything we can do to make doing business easier, just let us know!

Thanks for choosing Shaw!

830 S 2nd St
Louisville, KY 40203
1-800-626-5888
1-502-583-5527

MAY IS DISABILITY INSURANCE 

AWARENESS MONTH

Call our DI Sales Desk Today: 800-333-4340

DID YOU KNOW? Disability insurance is the most overlooked of the major types of insurance.

 

That's likely because many people think a disabling illness or injury will never happen to them. But according to a Life Happens survey, a person has a three in 10 chance of suffering a disabling illness or injury that would keep them out of work for three months or more during their career.  That's why each May Life Happens coordinates Disability Insurance Awareness Month (DIAM). This campaign offers you the perfect opportunity to talk to people in your community about their disability insurance needs-at a time when it may already be on their minds.  

 

Here are some great tools to kick off your own DIAM Campaign Efforts: 

 


Shaw American Financial Corporation
830 S Second St
Louisville, KY 40203
1-800-626-5888 
1-502-583-5527

Copyright � 2014. All Rights Reserved.