Advisors Blog

Cincinnati Life's 2022-2023 Quick View Tax Guide is now available. The Quick View Tax Guide consolidates important information on inflation, lifetime gift, and estate tax and gift tax exclusion amounts for your clients and prospects. The Guide is particularly useful at year end and tax time, it can serve as a handy reference and outreach piece throughout the year.

Security Mutual Life (SML) offers competitive underwriting decisions for recreational marijuana use. Previously, with any Marijuana use SML's best offer was Preferred Plus with no more than 8 days of use per month. Through a new special program, they can now consider: Preferred Plus for recreational use of 7x per week and Preferred for recreational use up to 7-10x per week.

MassMutual will reprice UL Guard and Survivorship UL Guard in November, with premium rates generally improving because of higher interest rates. These flexible-premium universal life products provide the protection of permanent life insurance and may be an important part of your clients' estate and legacy planning.

American National has arrived at the purposeful decision to cease term life sales at this time. As of 12/1/2022, American National will no longer accept applications for Signature Term Life Insurance.

We have good news for couples seeking additional value and greater choice in their life insurance protection. Now you can offer them two new riders on Protection SUL and Protection SIUL.

October 24, 2022, Global Atlantic's rates will increase on SecureFore 3 & 7 fixed annuities and ForeAccumulation II fixed index annuities. 

Beginning November 7, 2022, Nationwide is implementing a price improvement across all scenarios for the current No-Lapse Guaranteed UL II product. These changes do not apply to No-Lapse Guarantee UL II in New York.

Allianz's first-ever Risk-Class Upgrade Underwriting Program is now available. This program applies to Allianz Life Pro+ Advantage issues policies that meet eligibility requirements including Premium Finance and Foreign Nationals business.

MassMutual has announced their MassMutual Ascend SecureGain 5 fixed annuity product. This is a 5 year effective yield of 4.90%

Retirees hoping to fund a steady lifestyle in retirement to supplement Social Security face the dual risks of not knowing how long retirement will last and not knowing how much prices will rise after they retire. A retiree is most at risk of inflation if it occurs during the first few years of retirement as a result of sequence of inflation risk.