Transamerica Introduces New Indexed UL

Transamerica is introducing its TransNavigator Index UL product. The product features domestic (S&P 500) or global index accounts (S&P 500, Hang Seng, EURO STOXX 50). Also, a Long Term Care rider is available. With the release of TransNavigator Index UL, Transamerica is withdrawing the Freedom Index UL II product and the Freedom Global IUL II […]

Prudential Announces UL & Term Repricing

Effective August 11, 2014, Prudential will be re-pricing their UL and Term products.  For UL Protector, single pays will decrease across the board by 10-12% and level pays are decreasing 3% primarily on males ages 50-75; For SUL Protector, single pays will see a 1% price decrease and level pays will see a 1% increase […]

Mutual of Omaha Reduces Term Life Rates

Mutual of Omaha has lowered their term life rates for preferred and standard non-tobacco, especially for face amounts in the $500,000 and $1,000,000 bands. Very competitive rates for Term Life Answers 10, 15, 20, and 30 year products at issue ages 40-65. Extremely competitive rates for Term Life Answers 30 year product; Term conversions are […]

American National Introduces Signature Indexed UL

Effective July 1, 2014, ANICO introduces its Signature Indexed UL product.  The product offers three interest crediting strategies based on the performance of an Index with 100% participation rates: Cap of 14% with 0% floor; Cap of 10% with 1.5% floor; and 7.5% specified rate when Index increases or remains the same.  Also, new partial […]