Fidelity & Guaranty – New Universal Life Guidelines Phase…

In August 2015, the NAIC approved New Illustration Actuary Certifications under The Application of the Life Illustrations Model Regulation to Policies with Index-Based Interest (AG49). Because of the implementation of AG49, FGL was required to make changes to how FIUL products are illustrated. On September 1, 2015, FGL implemented Phase 1 of the required changes by updating the maximum illustrated rates. Phase 2 of AG49 will be effective March 1, 2016. To view more details, click here.

American National – New IUL Product and Cash Bonus…

Signature Plus Indexed Universal Life Insurance from American National Insurance Company offers FOUR One-Year Indexed Interest Crediting Strategies and a Fixed Account. To view more details, click here. Cash Bonus for Life The New Life Sales Bonus Program runs January 1, 2016 through April 30, 2016. To view more details,click here.

Fidelity & Guaranty – FG Life-Choice Minimum Face Amount…

Fidelity & Guaranty – FG Life-Choice Minimum Face Amount to be Lowered
Great news!  Effective December 30, 2015, FGL will be lowering the minimum face amount to $100,000 for issue ages 46-75 on new applications for FG Life-Choice!  This is great news for your clients who are looking for life insurance, but at a lower face amount!
The illustration software will be updated on December 30, 2015 to reflect this change.  Also if you have any FG Life-Choice cases currently pending between the ages of 46-75 and your clients would like to lower the face amount below $150,000, this is possible, but a signed amendment will be required at delivery. To view more details, click here.