News

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Lincoln Financials TERM ACCEL Product

Please note when selling the TERM ACCEL, that this is a completely electronic process.

The application is a drop ticket, policy delivery is an electronic policy deliverable via email only.

There is NO PAPER APP accepted.

It does offer accellerated underwriting between the ages 18-50. Face amounts 100k- 500k.

Lab-free underwriting, quick approval and conversion flexibility.

Mutual Of Omaha Compensation Changes

Please see below announcement from Mutual of Omaha regarding compensation changes.

" Effective September 1, 2016, we will be making the following changes in compensation for our GUL, GUL Plus, GUL Survivor and Indexed Universal Life products. 

  • GUL, GUL Plus and GUL Survivor  will be decreasing compensation by 5%

  • Income Advantage(IUL) will be increasing compensation by 5%

These compensation changes will affect ALL levels, and all levels will be changing by the same 5%.  New compensation schedules will be sent via email using our standard electronic communication system.  The email will contain a link to the commission schedule applicable to the entity.

The compensation change will apply to any GUL, GUL Plus, GUL Survivor and IUL applications with an application sign date of September 1, 2016 and after – unfortunately we will not make any exceptions." 


If you have any questions, please contact your Best Agency Marketing representative.

Best Agency's NEW OFFICE ADDRESS

Please note our new office address is:

Best Agency -  101 Plaza Real South -STE 205-S,   Boca Raton FL  33432

$$$ Licensing and Life App Incentive Program $$$

Best Agency is offering up to $500 in gift cards (Visa/ Mastercard/ Amex) to our writing life insurance agents.

This is exclusive to Best Agency writing agents who are contracted with other agencies.

Click here for more details, or call your Best Agency Marketer today at 800-999-2378.

Genworth suspends all sales of traditional life and fixed annuity products!

Genworth Financial has suspended all sales of traditional life insurance and fixed annuity products in the first quarter of 2016. Service to the existing 2.8 million life and annuity policy and contract holders remains unchanged currently. 

Genworth announced they will be suspend the Annuity and Life business effective March 7, 2016.  Life Quick Requests must be received by February 12th, 2016.

As I receive transition rules for you I will forward them.

Preliminarily, the last date that Genworth will accept Life and/or Annuity applications is March 7, 2016. 

Subject to applicable transition rules and required regulatory approvals.

Click Here and Here for more information

Gerber App now available for your smartphone or tablet

The Agent Zone mobile app allows you to:
• Provide quick quotes on the go
• View Gerber Life product information
• Email product brochures directly from your phone or tablet to your customers
• Proceed directly to the Gerber Life Agent Portal to complete an electronic application (you must be appointed to Gerber Life and have a valid Agent ID)

The Agent Zone mobile app is available on your:
• iPhone - version 4 and above
• Samsung Galaxy - SIII and above
• Tablet - iPad, iPad Mini, iPad Air and iPad Air 2
How can I download the Agent Zone app?

Download on the app store or Google play.

Banner UW changes to the PAYOR/ Insured relationship

The payor relationship to the insured is one of the material considerations of whether to extend coverage:

When a change is requested immediately following policy issue, a re-examination is required to assess whether an offer of insurance remains appropriate in light of the new payor profile.   

Effective September 28, 2015, payor changes after the underwriting decision will require additional case review and approval. Please allow up to 48 hours for review and decision.

An updated application page (p2) is no longer necessary as all payor changes will result in an amendment.

Please be prepared to provide the following information when requesting payor changes:


  • Who is the payor and what is their relationship to the insured and owner?

What is the reason for the requested change?

Mutual of Omaha Term Life Express Changes

Effective July 1, 2015, a new 10-year term will be added to the Term Life Express portfolio.

This new addition will round out the already robust simplified issue term portfolio and give you one more option for your client’s term life insurance needs. And similar to the existing Term Life Express products, the new term product can be converted into another simplified issue permanent policy.

The 10-year term product is available in all states except New York. It will only be available on the paper application on July 1, 2015, and will be added to the iGO e-app at a later date.

Also, don’t forget about the Term Life Express enhancements that were made on May 1, 2015:

  • Reducing the maximum face amount from $400,000 to:
    •  $300,000 for ages 18-50
    •  $250,000 for ages 51-65
  • Face amounts above $250,000 for ages 18-50 will continue to require a mandatory phone interview
  • Eliminating the oral fluid requirement across the board
  • Simplifying the application:
    •  The HIPAA/MIB form has been removed from the application packet and added to the application
    •  The HIV form has been eliminated, due to the oral fluid requirement being removed

Mutual of Omaha GUL Express Changes

Effective July 1, 2015, the maximum face amounts for Guaranteed Universal Life Express (GULE) will be raised to $300,000 for ages 18 to 50. The maximum of $250,000 will still be in place for ages 51-65.

GUL Express is a great option for your clients who are seeking guaranteed death benefit protection with a simplified application process.

Key features of GUL Express:

  • Issue ages from 18 to 65
  • No blood, urine or paramed exam
  • Secondary guaranteed no-lapse coverage
  • Ability to adjust the premium stream and the no-lapse guaranteed period
  • Popular features including the Guaranteed Insurability Rider and Accelerated Death Benefit for Terminal and Chronic Illness Riders (may vary by state)

Underwriting Transition Rules:

Applications signed on or after July 1, 2015:

  • Face amounts above $250,000 – Mandatory phone interview
  • Face amounts $250,000 and below – No process changes

Applications signed prior to July 1, 2015:

  • No process changes
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