Important Levinson News and Updates – 2/23/24
AMERICAN NATIONAL
Full Commission on Internal Annuity Exchanges
Beginning March 12, all internal replacements of Palladium Multi-Year Guarantee (MYG) 3-10 plans to a new MYG 5-10 policy within the 30-day surrender window at the end of the initial rate guarantee period will be paid at 100% of the current commission rate.
COREBRIDGE
Corebridge is Expanding Their Team
Effective immediately, two members of the Corebridge team have been promoted to lead new territories:
- Clay Crume, previously Regional Director for Central Territory, is promoted to Regional Vice President – Midwest.
- Sam Hamilton, previously Regional Director for East Territory, is promoted to Regional Vice President – Northwest.
- The expansion creates several new openings for new regional directors in the IMO / BGA team, which they endeavor to fill as soon as possible.
LEGAL & GENERAL
Legal & General America is offering an exchange program allowing Banner Life customers who purchased OPTerm 10, 15, 20, 25, 30, or 35 within the past 48 months to trade up to a longer duration policy at his or her current attained age with no underwriting.
LINCOLN FINANCIAL
Download This Week’s Edition of the Lincoln Leader – Fixed Annuities
- Market intel exchange
- What’s the cost of waiting?
- Digital resource guide
- New blog post
- Online account management
- APV and fair market value
- Client letter mailings
- Updated web content for the 2023 tax season
- Tax form information
- IRA contribution information
- February forms release
- NAIC training required – VT
- Contact information
MASS MUTUAL
Why Accumulation VUL in Today’s Market
Tuesday, March 12, 2024 @ 11:00 AM PT
Join Bobby Samuelson, Executive Editor of the Life Product Review, and Vern Carlson, MMSD Life National Sales Manager, to discuss where accumulation-oriented variable universal life insurance (VUL) fits in today’s marketplace and how to use the new Apex VUL to help clients achieve their financial goals. This call will not be recorded. Be sure to register in advance to attend this session.
MUTUAL OF OMAHA
LTCi Rate Adjustments Effective May 1, 2024
Mutual of Omaha will be implementing the following inforce rate adjustments in the state of Arkansas, effective May 1, 2024.
