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GBS News: Weekly Product and Underwriting Updates - Week of July 25, 2022

Effective July 18, 2022, MassMutual has increased internal life retention from $20 million to $30 million on individual Whole Life policies.

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GBS News: Weekly Product and Underwriting Updates - Week of July 18, 2022

Learn how you can drastically reduce the number of days from submission to commission with John Hancock.

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GBS News: Weekly Product and Underwriting Updates - Week of July 11, 2022

AIG's interest crediting rates will be adjusted on July 23, 2022 with highlighted changes noted below to reflect the latest market trends. Please refer to the interest rate flyers for a complete view of the changes and updated rates for both new business and inforce products.

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GBS News: Weekly Product and Underwriting Updates - Week of July 4, 2022

After July 31, the traditional paper LIA (ICC08-LIA and state variations except for NY) will be rejected.

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GBS News: Weekly Product and Underwriting Updates - Week of June 27 - June 30

Americans are under-prepared for future health care expenses and without proper planning, a serious accident or illness could rob your clients of their financial security. Help make sure that they are protected in the event of a chronic illness with the Accelerated Access Solution available on our IUL products.

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GBS Newsletter | June 2022 Issue

The majority of people will need long-term care (LTC) at some point during their lives, and the costs can be significant.

Hybrid LTC offers your clients an efficient way to plan for these potential expenses. The included LTC coverage carries a death benefit that protects premiums paid from loss if LTC benefits are not needed.

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GBS News: Weekly Product and Underwriting Updates - Week of June 13, 2022

Effective immediately, any financial professional appointed with an AIG Life & Retirement business now has a 2-year window to renew their AML training, dating back to the last date of AML training completion.

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GBS News: Weekly Product and Underwriting Updates - Week of June 6, 2022

AU+ is AIG's streamlined underwriting process that’s available for issue ages up to 59, risk classes from Standard to Preferred Plus, and face amounts up to and including $2 million!

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GBS News: Weekly Product and Underwriting Updates - Week of May 30 - June 2, 2022

AIG has increased the street level commission on the 10-Year Select-a-Term! To confirm your commission schedule please log into Connext and find your schedule, under Contracting & Commissions, and Agent Lookup. Also effective May 23, 2022 there will be premium rate changes in all states except New York, where rates will remain the same.

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GBS Newsletter | May 2022 Issue

Performing periodic life insurance reviews is a sound practice, ensuring that their clients’ life insurance portfolios continue to meet their evolving needs, while keeping pace with ever-changing market conditions. Policy Reviews analyze changes in insurance carrier ratings, structure, portfolio management and overall policy performance. 

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