Bulletins

Lincoln Benefit – Legacy Secure UL Closing to Term…

Legacy Secure UL Closing to Term Conversions
Lincoln Benefit Life’s Legacy Secure UL will no longer be available for term conversions after May 1, 2015.

Key Dates and Transition Rules

Please take note of the following transition rules and important dates:
  • All Legacy Secure UL term conversion applications in good order dated on or before May 1, 2015 and received on or before May 15, 2015 will be issued.
  • All Legacy Secure UL term conversion applications dated on or before May 1, 2015 and received after May 15, 2015 will be returned. A new application and required paperwork will need to be submitted for an alternate product.
Life Insurance

More Coverage without More Underwriting – A Three Part…

Presented by Brian Leising Part 1 Upsells (Would you like fries with that?) Looking for ways to help your clients obtain more life insurance coverage without the hassle of additional underwriting?  Why not utilize upsell opportunities offered by insurance carriers?  What’s an upsell?  An upsell occurs anytime the client is already obligated to go through full underwriting, or has in the past, and now has an opportunity to purchase more coverage without additional underwriting.  Banner Life offers additional coverage to selected individuals as a regular part of their underwriting process.  Voya has an online Life Capacity Calculator you can use to determine the maximum amount of coverage they can offer your client.  Transamerica offers a program to top off existing life insurance with another policy, without a new exam.  Some carriers offer a guaranteed purchase option as a rider.  When exercised, the company is obligated to sell additional coverage to your client.