Bulletins

North American – Rates and Updates

  GREAT NEWS! Most interest rates are improving effective January 5, 2017 * Fixed interest rates increasing as much as 85 basis points * S&P 500 Annual Point-to-Point Caps increasing as much as 160 basis points * S&P 500 Annual Point-to-Point Margins decreasing as much as 175 basis points New Allocation Forms We are implementing new allocation forms for a few of our fixed index annuity products. Click the links below for the new forms that take effect December 31, 2016. * Performance Choice Allocation Form * North American Charter, North American Precision SeriesAllocation Form (only available in HI and PA) IncomeChoice 7 Available in California The new California Assembly Bill 2884 taking effect 1-1-17 required us to make changes to fixed index annuities currently available in California. We are pleased to announce that the NAC IncomeChoice 7 has been approved and is available 12-31-16 with the changes detailed below:
NAC IncomeChoice 7 Changes Effective 12-31-16
In California, the market value adjustment is limited to the surrender charge or 0.50% of the accumulation value at the time of surrender. See updated brochure for details.
Get Your NAC IncomeChoice 7 Updated Materials Now!
Brochures and Disclosures:     7-Year Brochure | 7-Year Disclosure
Important New Business Guidelines: New product features will apply to applications received in the Home Office on or after 12-31-16. To receive current product specifications: * Cash with application must be received in the Home Office and issued on or before 12-30-16. Electronic apps/e-App with cash must be electronically submitted and received in the Home Office prior to midnight CST on 12-29-2016 and issued on or before 12-30-16. IMPORTANT: Pending applications must have all premiums received by 12-30-16.
Bulletins

Lincoln Financial Group – Term Product Updates

Lincoln is committed to the Term market, and providing a strong line-up of competitively priced Term products and innovative process and underwriting approaches that make obtaining coverage faster and simpler. We also recognize the important role Term Conversions may play with some policyholders and Lincoln is committed to meeting their permanent insurance needs. Today we have two announcements to share regarding our Term offerings: * Lincoln will be making pricing improvements to Lincoln Life Elements Level Term and Lincoln TermAccel * New Term Conversion Guidelines. Click on the following to view more details.
Bulletins

American Equity – California Product Changes

IMPORTANT INFORMATION – PLEASE READ CAREFULLY  
**American Equity Products Discontinued in California**  
As required by the state of California, sales for the following American Equity products will be discontinued effective December 30, 2016.  
* Bonus Gold (INDEX-1-07)
* Retirement Gold (INDEX-2-09)
* Advantage Gold (INDEX-6-07)
* Premier Eagle 10 (FPDA-7-08)
* Premier Eagle 12 (FRG-2-09)
Business for the products listed above must be ISSUED by December 30, 2016. Business not issued by December 30, 2016 will be returned or need to be applied to an available product. If it is applied to an available product, the new product disclosure will be required. No exceptions.
  Good news! We are still able to offer the Choice Series and Traditions Gold products. In addition, the Foundation Gold will remain available, but will offer adjusted features such as:
* Change to surrender charge schedule
* 9 year bonus vesting schedule
* 1% Minimum Guarantee Interest Rate (applicable to the Minimum Guarantee Surrender Value only)
* Modified commission rate
Pending business on the Foundation Gold that is not issued by December 30, 2016 will require a new disclosure PRIOR to issue.
As our industry continues to change and evolve, American Equity remains committed to you and providing quality products and first-in-class customer service. We will keep you informed on additional developments including the NEW California Gold which will be available January 1, 2017. Watch your email for more details in January! The California Gold has many features, including:
* 5% premium bonus which vests over a nine year period
* 10% free withdrawal after the first contract anniversary
* 10 interest crediting options
  **Product Training is required before writing an annuity application**
Life Insurance

Three Options for Long-Term Needs

Presented by Gary Peterson Long term care is exploding with the Baby Boomers coming of age. As an agent, you need to prepare your clients for this reality. There are multiple ways you can help your clients cover the costs involved. Three of those ways are described below. One option is to use funds that they save over the years. If they are extremely wealthy, this self-funding route may be a good option. The second option is to purchase Long Term Care insurance. This is better than the first, however, your client may not ever use the insurance and feel as though the money they used to pay premiums was wasted. A third option is to purchase life insurance or an annuity with a linked benefit or long-term care rider. This may provide living benefits for chronic illnesses and long-term needs, as well as a death benefit to protect their family. Give me a call at 800-397-9999 to discuss these options in more depth.