COMPANY UPDATE SUMMARY 9-20-2015

Original carrier announcements that are highlighted below are available upon request. Contact Russ Towers russ@bsmg.net   Nationwide   Effective October 12, 2015, Nationwide is changing the pricing on its YourLife No-Lapse SUL II product.  For issue ages 55-75, the no-lapse guarantee to age 120 premium decreases by 6% on average; for level pays and 10 […]

COMPANY UPDATE SUMMARY 8-20-2015

Original carrier announcements that are highlighted below are available upon request. Contact Russ Towers russ@bsmg.net   Genworth   Effective August 17, 2015, Genworth has increased the Total Living Coverage (TLC) credited interest rate from 3.60% to 3.85% on new policies. With this update, TLC will have an average advantage of 30% higher leverage on both […]

Fixed Indexed Annuity Rate Increases – Great American

Interest Rate and Purchase Payment Bonus Increase Great news! We are excited to announce the following interest rate and purchase payment bonus increases: Fixed indexed annuity rate increases Rates are increasing for the following fixed-indexed annuities effective as of June 7, 2015:     •American Custom 10     •American Valor 10     •American Legend III     •Safe Outlook     •Safe Return […]

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 […]