Bulletins

State Life – Updated Interest Rate Notice

  UPDATED: Access interest rates effective July 15 New business interest rates for the OneAmerica Care Solutions product suite are changing, effective Saturday, July 15, 2017. Annuity Care new money rates are decreasing. Annuity Care II/III rates are also decreasing. New rates and complete transition rules are listed below. All other rates remain unchanged. View all rates » The new rates will be as follows: Annuity Care LTC fund: 1.60% Cash fund: 1.20% Annuity Care II/III LTC accumulated value single/joint annuitant: 1.60% Accumulated value single/joint annuitant: 1.20% Important: These new rates will be reflected on software version 6.42 (7-15-17), which can be downloaded beginning July 15 from OSO. Current new business rates may be preserved based on the method of funding:   Cash Transactions: Annuity Care: We must receive a completed application with full premium in the Home Office by the end of business on Friday, July 14, to preserve current interest rates. Annuity Care II/III: We must receive a completed application with full premium in the Home Office by the end of business on Friday, July 21, to preserve current interest rates. Transfer/1035 Transactions: Annuity Care: We must receive a completed application with completed transfer or 1035 paperwork no later than Friday, July 14. All pending transfers to 1035s must be fully funded by Friday, Sept. 15, to preserve current interest rates. Annuity Care II/III: We must receive a completed application with completed transfer or 1035 paperwork no later than Friday, July 21. All pending transfers to 1035s must be fully funded by Friday, Sept. 22, to preserve current interest rates.  Most Beneficial Rate: Indexed Annuity Care offers your clients the opportunity to receive the best declared interest (or cap, or par) rate available between the date their application is received in the Home Office, and the effective date of the contract, if fully funded within 60 days of application. This feature is intended as an easy-to-do-business provision to provide you and your clients the peace of mind to know that they can receive the best declared rates during the application process. Annuity Care also offers this feature for 1035/transfer monies only.  
Bulletins

State Life – Interest Rate Notice

Access interest rates effective July 15 New business interest rates for the OneAmerica Care Solutions product suite are changing, effective Saturday, July 15, 2017. Annuity Care new money rates are decreasing. All other rates remain unchanged. View all rates The new Annuity Care rates will be as follows:    Annuity Care LTC fund: 1.60% Cash fund: 1.20%    Important: These new rates will be reflected on software version 6.42 (7-15-17), which can be downloaded beginning July 15 from OSO. Current new business rates may be preserved based on the method of funding:
  • Cash Transactions: We must receive a completed application with full premium in the Home Office by the end of business on Friday, July 14, to preserve current interest rates.
  • Transfer/1035 Transactions: We must receive a completed application with completed transfer or 1035 paperwork no later than Friday, July 14. All pending transfers to 1035s must be fully funded by Friday, Sept. 15, to preserve current interest rates.
Most Beneficial Rate:  Indexed Annuity Care offers your clients the opportunity to receive the best declared interest (or cap, or par) rate available between the date their application is received in the Home Office, and the effective date of the contract, if fully funded within 60 days of application. This feature is intended as an easy-to-do-business provision to provide you and your clients the peace of mind to know that they can receive the best declared rates during the application process. Annuity Care also offers this feature for 1035/transfer monies only.  
Bulletins

Prudential – Life Essentials Newsletter

 
 
In Case You Missed It: Department of Labor (DOL) Fiduciary Rule – Important Update
Effective July 1 – Founders Plus Product Caps and Rates Changing   Effective July 1, the index caps and the max illustrated rates for PruLife Founders Plus are changing.
New Product Now Available   Introducing PruLife Essential UL.
Life Is Evolving to Meet Your Clients’ Needs   Introducing a new variable life insurance product!
Underwriting Guideline Changes Regarding Sales to Foreign Residents   Effective June 12, underwriting guideline changes were made regarding sales to foreign residents.
Spark Conversations with Clients and Prospects Around This New Short Film
The Masterpiece of Love consumer campaign’s new short film is about a small business owner who is chronically ill.
Read More, Watch, and Share the Film Retirement Healthcare Cost Convos Can Be Hard: We Made It Easier
Discover how to lead meaningful client conversations about the potential impact of healthcare expenses in retirement, along with your clients’ options—we’ve packaged everything you need in our new eKit.