Bulletins

Lincoln Benefit – Agent Services Change

Agent Services for LBL Life Commissions and Licensing Moving to Third-Party Administrator   Lincoln Benefit Life (LBL) is transferring agent-related services from Allstate to Alliance-One Services, Inc. on January 22, 2018. These changes apply to the agent maintenance, licensing and commission functions. As a reminder, Alliance-One already provides policy-related service for most of LBL’s life policies.   What’s Changing? * Alliance-One will handle agent commissions for life insurance policies (excluding GenBuilder) sold by LBL agents, including policies that continue to be serviced at Allstate. * Licensing and agent maintenance for LBL agents (independent agents in the MBA channel) will be administered by Alliance-One. * Life commissions will be paid monthly instead of weekly. * Life commission statements will no longer be mailed and will be available to download from life.lbl.com. * Broker-Dealers or agencies paying life commissions direct to registered representatives will need to download commission statements from life.lbl.com to obtain the commission activity for those representatives. * Assignees will no longer receive life commission statements. * For assistance with registering on the website, call 888-338-1038. For all other licensing and commission inquiries, email LBL_Comm@dxc.com or call 844-768-6777.   Important Dates * January 22, 2018: Agent-related services transition to Alliance-One and new registrations on life.lbl.com are available for viewing commission statements. * January 26, 2018: First monthly LBL life commission payment processed at Alliance-One.    Commission Processing * Commissions will be processed on the third Friday of each month, or next business day if the process date falls on a holiday; payments will be released from LBL’s bank within 3-5 business days following the process date. * The current payment mode on file, check or electronic funds transfer (EFT), will remain in place. * Commissions for LBL fixed and variable annuity contracts, and long-term care policies are NOT changing.  * Any processes relating to LBL variable annuity contracts and long-term care business at LifeCare will not be affected by these changes.  For more information, visit the News page on LBL.com.
Bulletins

American Equity – Traditions Gold Discontinued

American Equity Traditions Gold Discontinued Effective January 31, 2018 the Traditions Gold (ICC11 IDX4)* product will be discontinued in all states. All applications for Traditions Gold must be received in our office by 4:45 p.m.CST on January 31, 2018. Any applications received in our office after January 31, 2018 will not be accepted. Good News! We offer the Choice 10 (ICC14 IDX8)* as an alternative to the Traditions Gold product. It offers competitive rates and comparable features. Choice 10: * Optional Market Value Adjustment (MVA)** for Higher Crediting Rates * 52% Participation Rate offered on the Annual Point to Point (with MVA)** * 5 Interest Crediting Strategies * Optional Lifetime Income Benefit Rider Offering 6% IAV Rate Click for Choice 10 MVA Product Profile Click for Choice 10 Product Profile *Availability and form numbers may vary by state. **MVA not available in CA.