Tuesday Tips – October 4th, 2016
Athene Extends Rate Hold
Athene has announced that they are extending the rate hold on non-cash applications received between June 3rd and August 5th. Funds must be received by October 14th to receive the rates at the time of application.
Allianz Dropping Rates On FIUL
Effective October 4th Allianz will be dropping rates on their suite of IUL products. Call today to get an updated rate sheet.
Many times when a consumer buys a financial product the policy gets put in a safe place and is never looked at again. Beneficiary reviews are a great opportunity to make sure the prospects plans are up to date with their current intentions and to uncover potential business. LFP has put together a beneficiary kit with a prospecting letter. Call today to request your kit.
Thrivent Files Suit Against DOL
Thrivent has filed a lawsuit against the DOL fiduciary rule. Specifically they are suing to have the class-action component of the rule thrown out.
Protective Custom Choice UL
Protective’s Custom Choice UL is a very competitively priced GUL that writes up to age 85. In addition to the competitive pricing the product also offers a competitive chronic illness rider and their Income Provider Option which can be used to select various distributions of the death benefit for a variety of planning options. Call today for additional details.