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 […]
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 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 […]
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 […]
