Americo – Compliance Updates

AML Training Reminder
As a reminder, all Americo agents who sell cash value products (term with cash value, universal life, whole life, and annuities) must complete anti-money laundering training. You must renew this training every two years from the initial training date. To avoid a delay in business, please make sure you have taken your renewal training. More Information
Louisiana Clarification on “Value Added” Services
Advisory Letter No. 2015-01, originally issued on June 3, 2015, has been revised and re-issued in order to clarify prior guidance regarding services offered to insureds and services offered to the general public. More Information
Missouri Replacement Regulations
The state of Missouri has recently adopted a variation of the NAIC Life Insurance and Annuities Replacement Model regulation. In order to comply with the new requirements, effective May 30, 2017, there will be changes for all policies sold in Missouri. More Information
Posted in Life Insurance.