Tuesday Tips – November 1st, 2016

Alerts

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 Rates

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.

Sales Concept

Term Alternative

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.

Industry News

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.

Hot Rates


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.

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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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