Insurance News & Noteworthy
Living Benefit Riders….do you really know what you’re selling? Read this article for more information.
Voya Product News
Effective December 30, 2016, Voya will suspend Voya Indexed Universal Life-Guaranteed Death Benefit (IUL-GDB) and all level-term insurance sales while continuing to offer cash value life insurance products. Click here for Voya’s full announcement.
Effective February 3rd, MetLife will discontinue all sales of life products except PAUL and level Term $1,000,000 and over in face amount will be. Read the full press release here.
Beginning Nov 28th, Lincoln will automatically generate an “as-is” inforce illustration at every policy anniversary. Read about this and other Lincoln updates here.
The CareMatters Difference
Have a client going through a divorce who is required to get life insurance? Use this low cost GUL product where they can get a full or partial refund of all premiums paid into the policy at the end of their commitment. Read more…
American National Signature GUL w/Cash Out
American National now offers a guaranteed “term for life” product that is one of the best in the industry! Contractual Late Payment Forgiveness and a guaranteed Cash-Out Rider that allows for surrender of policy for a partial or full return of premium in the 15th, 20th, and 25th policy anniversaries are just a few of the features you need to check out. Click here for a product overview. Click here for a case study.