Tuesday Tips – November 1st, 2016
Legacy Marketing Group Sales Incentive
Legacy Marketing Group has announced a sales incentive that runs from November 1, 2016-January 31, 2017. Eligible agents can earn up to $750.00. To qualify you must submit at least 3 applications of at least $25k each. Call today for the complete guidelines.
Athene has announced a rate decrease for their MYGA product that takes effect November 15. High band rates will stay the same but low band rates will decrease slightly. Call today to request an updated rate sheet.
We have identified a pricing opportunity within one of the life insurance carriers we represent. One of their UL products allows you to run a premium equal to whatever the cheapest term rates are in various pricing cells. The benefit to the client is that they get a permanent product that builds cash value, don’t have to worry about conversion periods, and can get access to additional riders. The benefit for the agent is that the target is typically double what the planned premium is and the product has a rolling target so the agent gets paid twice. Call today to learn more.
Genworth Financial Sold
Last week it was announced that China Oceanwide Holdings Group has agreed to purchase Genworth Financial for $2.7 billion. The deal is subject to approval by Genworth shareholders as well as insurance regulators.
Nationwide SUL II
Nationwide offers an incredibly competitive SUL product that offers a unique LTC rider. The rider is fully underwritten and provide a benefit for both insureds. The product writes ages 35-85 and has a minimum death benefit of 250k. Call today for additional details.