Beginning Jan. 17, 2025, NGL’s e-Policy Delivery will receive several improvements meant to enhance the delivery experience for you and your clients. Among the changes are an improved mobile experience, new options for entering client contact information, an improved client signature process, and more. An updated e-Policy guide will be available on the Agent Resource Center soon.
CareMatters Together, Nationwide’s linked-benefit long-term care (LTC) solution for couples or two individuals with an insurable interest in each other, launches in California on Jan. 13, 2025. Designed for couples ages 30 to 70, it offers policyholders the flexibility to use their pool of LTC benefits entirely by one person or shared between the two insureds in any combination.
EquiTrust is kicking off the new year with an opportunity for writing agents to earn an extra 1% commission on sales of any fixed index annuity (FIA) — including Bridge® — AND single-premium life insurance! Special offer applies to applications received January 1, 2025, through March 31, 2025, for these products: MarketPower Bonus Index®, MarketTen Bonus Index®, MarketValue Index®, MarketSeven Index®, MarketFive Index™, MarketForce Bonus Index®, MarketMax Index™, Bridge®, and WealthMax Bonus Life®.
EquiTrust does not offer investment advice to any individual and this material should not be construed as investment advice. Products underwritten, issued and distributed by EquiTrust Life Insurance Company, West Des Moines, Iowa.
Effective Dec. 30, 2024, Global Atlantic will begin transitioning to only accepting electronic applications for its suite of Fixed Index Annuity (FIA) products: ForeAccumulation II, ForeIncome II, and Income 150+ SE (inclusive of FIA advisory products). During the transition, paper applications can be ordered through Jan. 31, 2025, and accepted until Mar. 31, 2025.
The National Association of Insurance Commissioners (NAIC) revised the Suitability in Annuity Transactions Model Regulation 275 in February 2020. Nevada now joins a growing number of states that have adopted the Regulation. To solicit and sell annuities in Nevada, producers must comply with regulations adopted by the Nevada Division of Insurance. Producers doing business in Nevada are now required to complete General Annuity Training continuing education (C.E.).
The revisions to the Model Regulation require completion of EITHER a 1-hour General Annuity Training C.E. course available to producers who have taken the previous NAIC Annuity Suitability training, OR a new 4-hour General Annuity Training C.E. for those who have not taken it previously. General Annuity Training C.E. must be completed with a training vendor approved by the Nevada Division of Insurance.
EquiTrust does not offer investment advice to any individual and this material should not be construed as investment advice. Products underwritten, issued and distributed by EquiTrust Life Insurance Company, West Des Moines, Iowa.
Due to industry and Nationwide policy changes, a review of the Business Practices and Compliance Guide and the Anti-Money Laundering Policy was completed, resulting in modifications to the materials.
The Business Practices and Compliance Guide and the Anti-Money Laundering Policies govern the activities of financial professionals. All financial professionals are required to comply with the Guide, state and federal laws, rules and regulations, and any other applicable Nationwide policies and procedures. Please review the AML policy and the Guide via the links above.
Effective Dec. 16, 2024, Securian Financial has announced the age at which a cognitive assessment is required for its SecureCare™ product line has been increased. A cognitive assessment is now required for clients ages 60 and older. This change applies to both SecureCare Universal Life (available only in California) and SecureCare III, a long-term care and nonparticipating whole life insurance policy (available in all states except New York and California).
Effective Dec. 16, 2024, Global Atlantic is enhancing the suitability experience. Changes to the Consumer Profile Information and Replacement Comparison forms have been made. This includes replacing freeform answers with checkboxes, highlighting when a ceding carrier statement is required, and no longer needing to complete the financial inventory worksheet.
To help streamline the suitability review process, EquiTrust has made updates to a couple of its New Business forms — the Financial Needs Analysis (FNA) form and the Disclosure and Comparison (D&C) form. The new versions are available now at Agents.EquiTrust.com in the forms section, and have been updated in AppBuilder and in the E-App systems. The updated forms will be required starting January 1, 2025.
EquiTrust does not offer investment advice to any individual and this material should not be construed as investment advice. Products underwritten, issued and distributed by EquiTrust Life Insurance Company, West Des Moines, Iowa.
Effective Dec. 16, 2024, Global Atlantic is transitioning its ForeCare Fixed Annuity new business over to the same operational platform where the suite of Fixed and Fixed Index Annuities are currently being serviced. Small changes are also being made to the product’s Premium limits: Maximum (Single Life) will be updated to $600,000 and Maximum (Joint Life) will be updated to $900,000 effective Dec. 16.
Agent Advantage is an exclusive program for all active agents from The Krause Agency. To see if you qualify, complete the short application form below and a member of our team will provide you the necessary enrollment paperwork. If you have any questions about the program or this form, please contact our office directly at (800) 255-1932.
