National Western – The Score Newsletter for June 8, 2015

Renewal Rate Change
Renewal Rates will change effective June 8, 2015. Click here to see the renewal rates effective June 8, 2015

Option D on NWL® Ultra Future and NWL Impact 10®

Option D will only be available for the first policy year on the NWL® Ultra Future* and NWL Impact 10® for new policies with issue dates on or after July 1, 2015.
Beginning July 1, 2015 we will begin to notify existing policyholders that Option D is no longer available. Existing clients allocated to Option D can choose to reallocate to one of the other available options for the next policy year. Funds not reallocated to another available option will automatically be moved to Option B (the fixed option) on the policy anniversary.
Please contact Client Services for additional information.
*Change does not apply to NWL® Ultra Future versions with a 2% bonus.

Internal Replacement Guidelines

NWL® has updated the Internal Replacement Guidelines. Click here to read more.

Annuity New Business and Suitability Email

NWL® has implemented an Annuity New Business and Suitability email address. Send your inquiries regarding annuity suitability and pending applications to anbas@nationalwesternlife.com.

Annuity Training – New Hampshire

Effective July 1, 2015 all annuity producers licensed in the state of New Hampshire will be required to complete the Four Hour CE Annuity Suitability Course prior to soliciting and/or submitting new annuity business in the state of New Hampshire. NWL® is contracted with Quest CE and will receive an automatic notification if a course has been completed with them. However, this course can be taken through any state approved vendor of your choosing. If training is completed with a vendor other than Quest CE, you must submit a certificate as proof of completion either by email to: NWLlicensing@globalnw.com, prior to or along with submission of annuity new business. Click here for instructions on accessing courses through QuestCE.

Click here to watch training by Paul Garofoli and Nate Colon on the Updated Annuity Suitability Questionnaire.

Posted in Annuity, Bulletins, Rate Change.