Carrier and Product Updates Week ending January 13, 2017

Product and Carrier Updates

AIG Updates and Reprice to Select-a-Term Portfolio

Rate increases in lower bands

Rate decreases in upper bands ($500k+)

Addition of a new 35-year duration

New Conversion Credit added

Same rates in NY

New lower band (policies with face values from $50,000 - $99,999, standard class only, non-medical underwriting, under age 60 – must use Quick Ticket)

Read more

Updated and Enhanced Term Conversion Playbook

Identify available opportunity and learn everything you need to complete the conversion process

View Term Conversion Playbook

MetLife to Sunset Products Effective February 3, 2017, MetLife will sunset the following products:

Promise Whole Life Promise Whole Life 120 Promise Whole Life Select 10 Promise Whole Life Select 20 Promise Whole Life Select 65 Guaranteed Level Term (face amounts less than $1M only) Secure Flex Universal Life Provider Universal Life Legacy Advantage Survivorship Universal Life Equity Advantage Variable Universal Life

Key dates for this product sunset are as follows:

February, 3, 2017 - Applications must be received in good order at the Home Office by this date.

March 3, 2017 - Applications for term conversions that do NOT require underwriting must be received in good order at the Home Office by this date. The February 3, 2017 application deadline applies to term conversions that do require underwriting.

April 28, 2017 – Issue deadline

May 26, 2017 – Payment deadline

Read more. Please refer to this web page for more information.

A Vanbridge Company

Carrier and Product Updates Week ending January 13, 2017

Product and Carrier Updates

Prudential BenefitAccess Rider Now Offers More Choice on More Products

Effective January 3rd

Added flexibility with two monthly benefit options—2% and now 4%

This enhanced feature is already on PruLife Universal Protector®

Will be available on four additional products:

Prulife® Founders Plus UL

Prulife® Index Advantage UL

Prulife® Custom Premier II

VUL® Protector

Read more

Important Prudential New York Product Update: Guaranteed Universal Life Premium Changes and BenefitAccess Rider Update

Effective January 17th

Rate increases for new sales of UL Protector policies issued in New York

New version of the BenefitAccess Rider, which offers a choice of monthly benefit payout options (either 2% or 4%), will be availa-ble on all permanent products sold that currently offer the BenefitAccess Rider in New York

Important note regarding a New York state requirement for the BenefitAccess Rider, which applies to new and existing policy owners with BenefitAccess Rider

Read more

Securian Life Lower Advantage Elite Select (AES) Term Rates

Effective January 9th

Advantage Elite Select (AES) Term rates dropping by up to 31%.

Updated term bands

Allowing for up to best class Express Issue underwriting

Learn more and view transition rules

A Vanbridge Company

Carrier and Product Updates Week ending January 13, 2017

Product and Carrier Updates

Voya Financial Voya UL-CV Target Premium Decreasing

Effective February 6th

December 5th - Presents defaulted to new target premiums

December 23rd - Formal applications (including those for backdating) must be received by this date to get old target rates

February 6th - Applications submitted by the 12/23/16 deadline must be issued by this date in order to earn commissions at the current rates

Read more

Annuity Updates Current Fixed Annuity Rates as of 1.1.17

A Vanbridge Company