Voya – Life Updates

Upcoming Life product suspensions and Forms Wizard
As a reminder, Voya’s level-term life insurance and Voya IUL-Guaranteed Death Benefit (Voya IUL-GDB) product sales will be suspended effective December 30, 2016. The required forms are available in Forms Wizard. Please review the activity deadlines for upcoming deadlines.

2016 End-of-Year Deadlines
Please don’t delay with submitting requirements to have your new business cases placed and commissions paid in advance of the deadlines for all business issued by the Voya Life Companies. Read more.

Holiday hours
Voya offices will be closed on Mondays, December 26 and January 2, in observance of Christmas and New Years Day holidays. We wish you and your family a safe and happy holiday.

The Blitz
The Blitz features new sales topic each week, join this 15 minute call every Monday and Tuesday at 1pm CT.

January 9 & 10: Give your child a gift for life
January 17: Self-Owned Life and Retirement (S.O.L.A.R.) Insurance Arrangement
January 23 & 24: Using a W2 to find Premium
January 30 & 31: How to market on social media


Reminder: Marketing Material Approval Requirements
Company policies and procedures always exist for a reason—often protection and consistency. In the case of advertising compliance, protection of our customers, producers, and the Voya brand are all at stake. That’s why Enterprise Advertising Review is focused on providing you with the best possible service in the review and approval of your marketing materials. Read more.

New York Regulations 60, 152, and Good Faith Approximations for Individual Life Insurance
ReliaStar Life Insurance Company of New York (the “Company”) has completed the necessary adjustments to its procedures and forms to support a process allowing the Appendix 10A Disclosure Statement (“Disclosure Statement”) to be signed at the time of policy delivery for the Company’s Individual Life Insurance business only. Read more.

New York Regulation 60 Process Changes
There are new business process changes taking place for applications submitted in the state of NY. Read more.

Reminder: Florida’s 2015 Revisions to Replacement laws and Producer Licensing – Annuities and Life Insurance
Effective July 1, 2015, Florida made revisions to its statutes in H. 1133. Two of the changes of particular relevance to insurance producers, Sections 627.4553 [Surrender without replacement] and 626.7851 [Requirement as to knowledge, experience, or instruction], read more.

Posted in Bulletins.