AMERICAN GENERAL
New Accelerated Access Solution:
Three benefit payment options including unique IRS per diem alternative, No receipts required, Not a "use or lose it" policy, Flexible option with total benefit amount, and Guaranteed benefits.
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AVIVA
Earn an additional 10% on Aviva IUL and UL Sales:
Aviva's excited to announce that they're offering a Producer Bonus on sales of Aviva's Indexed Universal Life and Universal Life products! In celebration of the close of the Aviva sale to Global Atlantic, this promotion will include applications signed on or after 10/2/13, the date the transaction was completed. To be eligible for this promotion, policies must be issued and paid by 1/31/14.
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Update to Transition:
All life marketing materials and life forms will be re-branded to Accordia Life in May 2014.
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ING
Rebranding - ING U.S. Becomes Voya Financial in 2014:
This year, ING U.S. conducts its operational rebranding. You will begin to see the new name in the market during the second quarter.
Higher Index Caps & Participation Rates:
Higher Index Caps and Participation Rates on Indexed Universal Life (IUL) Insurance Products.
JOHN HANCOCK
Important Dividend Changes:
Effective January 1, 2014, John Hancock implemented Mortality Dividend Rate adjustments on all participating Traditional Single Life and Survivorship policies.
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LINCOLN FINANCIAL GROUP
External Term to Permanent Special Exchange Program:
Starting February 3, 2014, your clients can exchange their external term policies from a select group of carriers, with a current A+ rating with A.M. Best to Lincoln Treasury Indexed UL. They'll have guaranteed protection, affordable premiums, and a policy that gets better if the 10-year Treasury yield rises.
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PACIFIC LIFE
Up to 20x Target Premium:
Higher first year premium limit for Non-MEC Policies extended to March 31, 2014.
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PRINCIPAL
First Year Premium Limit Increases:
Effective January 21 the current $2 million first-year premium limit in effect for Principal's Universal Life and Survivorship Universal Life products will be increased to $7.5 million.
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New Term Product Available January 21, 2014:
Within this new product (10-, 15-, 20- and 30-year term), it will offer improved non-tobacco rates in many age and risk classes, while expanding maximum issue ages for 10- and 15- year durations.
PROTECTIVE
Effective January 13 Protective Indexed Choice UL Available For Sale:
The Protective Indexed Choice UL Lapse protection. The client's policy will not lapse as long as his or her premiums are paid on time.1 Clients also have the option of increasing or decreasing the death benefit amount without having to purchase a new policy if their needs change.
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PRUDENTIAL
PruLife Founders Plus UL Now Available:
The Fixed Account provides a more traditional interest crediting option, by offering a current 4% interest crediting rate, with a minimum guaranteed rate of 2.5%. The Plus Account uses a combination of basic, fixed interest and index interest, based in part, on the S&P 500® index.