Tuesday Tips – August 1st, 2017
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.
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.
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.
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.