Tuesday Tips – August 1st, 2017

Alerts

Athene Premium Increase

Athene has announced it will increase the minimum premium from $5,000 to $10,000 on the following products: Ascent Pro Bonus, Athene Benefit 10, Athene MaxRate.  This change takes effect October 2, 2017.

Sagicor Commission Incentive

Sagicor is kicking off a commission incentive for their Fixed Indexed Single Premium Whole Life product.  The incentive runs from August 1st-October 31st.  Qualifying cases will receive an additional 1% commission during this period.  Call today for additional details.

Sales Concept

Legacy Marketing Group Marketing Reimbursement

LMG is currently offering .25% reimbursement for marketing costs on every $250k of non qualified business submitted.  The promotion runs through December 31st, 2017.  In order to receive your reimbursement an invoice must be provided.  Call today for additional details.

Industry News

FINRA Fines

FINRA reported that operating revenues declined by 6% in 2016.  Fortunately for FINRA due to an increase in fines the decrease was offset.  Funds from fines increased to $173.8 million from $93.8 million in 2015.

Hot Rates

Lifetime Legacy with LMG

LMG offers a competitive simplified issue single premium life product.  The product writes 55-85 and offers chronic and ADD riders.  In addition to this the product has a guaranteed 4% interest rate and offers a teleunderwriting option that can be done at point of sale.  Call for additional details and product availability.

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About the author

Legacy Financial Partners - Legacy Financial Partners is an independent and full service Life Insurance and Annuity FMO that provides specific marketing solutions to help their clients succeed. Using dynamic tactics, an extensive support network and progressive marketing options, Legacy Financial Partners provides unique and specific development strategies to their business partners.

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