May 30, 2024

American National

Coming Soon! New & Simplified Annuity Application

American National has updated and simplified their  Base Annuity Application which will be available for use soon. The enhancements aim to ensure a more streamlined and tailored experience. With the separation of the Producer’s Report from the application, new product specific pages, and an overall shorter application, submitting new annuity business has never been easier.

Coming Soon! New Offerings for ANICO Strategy Indexed Annuity PLUS 7&10

Both products will soon be enhanced with a custom index. BNPP Patriot Technology Index is designed to offer a balanced approach to investing in technology with an eye on growth and protection and added volatility control overlay to help manage risk.


Symetra SwiftTerm® Enhancements

Effective May 31, 2024, Symetra will implement the following enhancements to their Symetra SwiftTerm product:

  • Policy size increase to $5 million: This will increase the maximum policy size from $3 million to $5 million.
  • Age increase to 55 on 30-year term: This will increase the maximum issue age for the 30-year term period from 50 to 55 years old for non-nicotine user
  • Redesigned SwiftTerm client page: The current SwiftTerm customer page is getting a new look and is moving to their main website,, to join their other products.



May 28, 2024


Index annuity rates are increasing effective June 3, 2024.

John Hancock

As of Wednesday, May 22, 2024 the Long-Term Care Insurance Personal Worksheet (NB5299) will be required for submissions in Pennsylvania, Texas and Utah that include our Long-Term Care (LTC) rider. This form is a state requirement and helps ensure the rider is the right solution for the proposed insured.
Important notes

  • The form must be signed and dated on or before the application signed date
  • Starting May 22, John Hancock cannot approve or issue policies in PA, TX or UT that include the LTC rider until they receive this new requirement

Mutual of Omaha

Mutual of Omaha will implement the following infore rate adjustments in the state of Louisiana, effective August 1, 2024.

Impacted Forms

  • LTC041- 25% increase
  • LTCo9M – 20% increase
  • LTCo9U – 25% increase


FlexGuard Life will be available for sale in New Jersey

As of June 10, 2024, Prudential FlexGuard® Life IVUL will be available for sale in New Jersey. One of the first of its kind in the new indexed variable universal life (IVUL) category. FlexGuard Life offers more upside potential than traditional IUL products and more downside protection than traditional VUL options.

Enhancements to PruLife® Custom Premier II in California

Custom Premier II in California now includes BenefitAccess Rider, a new set of variable funds, and a PDA option.


May 23, 2024


Sagicor is getting rid of paper apps!

Effective June 1, 2024, MYGA paper applications will no longer be accepted by Sagicor.


May 16, 2024


MassMutual system outage over Memorial Day weekend to complete system upgrade

New application submissions in iGO unavailable during this time

Due to a platform upgrade at MassMutual over Memorial Day weekend, new cases should not be started or submitted in iGO for MassMutual products between Saturday, May 25, starting at 5 p.m. ET through Monday, May 27, 5 p.m. ET. Any cases started during this time may encounter unexpected credentialing errors. Producers may receive error messages about their contracting status or their BGA not being set up correctly during this time.


May 13, 2024


Oceanview will decrease rates on their Harbourview MYGA products, effective 5/21/2024

Additionally, they have recently implemented a new writing rule:

In the event of a rate decrease, all applications must be received within 14 calendar days of the application sign date. Any applications received after 14 calendar days will receive a NIGO and require a new application package.


May 8, 2024


Advisor Communication Update: Starting in June 2024, Legal & General America will begin to notify advisors of cases waiting to be accepted.
Banner is updating advisor communications! Starting June 4, LGA will notify advisors of applications in the "Offer Made" status to encourage clients to accept their approved policy. The goal is to ensure no business is left on the table, commissions are paid promptly, and more families are protected.

What you need to know:

  • Advisors will receive a notification if they have policy offers on the table.
  • The communication will be sent weekly.


Term Life Pricing Update: Banner Life Insurance has new OPTerm level term rates effective 5/7/2024 for their existing OPTerm Level Premium Plans and Term Riders. No changes were made to William Penn (NY).

Rate Change Highlight Summary

  • Premium rate changes were made to level term periods only with changes in all rate classes in the 10-40 year term durations.
  • The change to the level period premium rates includes a mix of increases and decreases.


May 2, 2024

American National

American National is updating their Signature Protection IUL available in June!

New Signature Protection IUL Series

American National has announced their new product series, the Signature Protection IUL Series, offering two products in order to better cater to clients’ needs. Both products, the Signature Protection IUL and the Signature Protection Plus IUL, will be available June 3, 2024, providing clients with the flexibility to obtain a guaranteed death benefit while simultaneously enjoying the advantages of the traditional IUL accumulation value.

With the Signature Protection Plus IUL clients can choose between two No-Lapse Guarantee (NLG) options allowing them to select how long they want to guarantee their death benefit. This product also comes equipped with our Guaranteed Cash-Out Rider giving clients the opportunity to cash out their policy should their needs change in the future.

The Signature Protection IUL version offers a 20-year no-lapse guarantee with enhanced accumulation opportunities, which is perfect for clients looking to build their cash value or extend their death benefit coverage through increased contributions and the performance of the selected index.


May 1, 2024


Protective has lowered prices on Protective® Classic Choice term

This pricing update puts this product in the top 3, 72% of the time in monthly premium scenarios and 73% of the time in annual premium scenarios.

35- and 40-year term periods make Protective one of three carriers in the market to have level term coverage for up to 40 years.


April 30, 2024

Mutual of Omaha

Long Term Care Insurance Product Updates

Effective June 3, 2024, the Maximum Monthly Benefit will increase from $10,000 to $15,000 on Mutual of Omaha’s MutualCare Solutions long-term care products. This will allow clients access to additional benefits if needed and provide a greater sense of security if a long-term care event occurs.

Monthly benefit amounts range from $1,500 to $15,000 per month with this new increase*. The total Maximum Monthly Benefit, including long-term care coverage from other companies, will also increase to $15,000.

Please also note, the Maximum Monthly Benefit for Class I and Class II health risks will remain at $5,000.



Business Value Increase Rider

Principal's new Term '23 product is now offering a unique and business forward Business Value Increase Rider which allows business owners to get increases in their coverage without additional underwriting based on the growth in the value of their business.

 How it Works:

  • The rider works in three-year cycles starting with the business being valued before coverage using Principal's complimentary Informal Business Valuation Service.
  • The coverage is automatically increased 5% after years one and two, for a total increase of 10%.
  • After the third year, the business is valued again. Any increase in value above 10% results in a matching percentage increase to the policy's face amount.


  • There is no cost to have this rider, however when an increase is exercised, the premium will increase to reflect the higher face amount.
  • The increases are non-underwritten and fully commissionable.
  • Policy face amount must be $1MM or greater and is only available on Principal 10-, 15- and 20-Year Term.

Increased limit for Expanded Capacity Underwriting program:

Through agreements with select reinsurers, Principal®,can now offer an additional $30 million in capacity over the previous limit for clients requiring significant amounts of life insurance coverage. With this increase, the maximum issue limit is $85 million for qualifying insureds under the Expanded Capacity Underwriting program.


Updated Replacement Notices:

The following Life Insurance Replacement Notices have been updated:







Please ensure you’re using these new versions as prior versions will no longer be accepted after April 27th. If prior version is received after the 27th, a new application with the new version of the replacement notice will be required.



Protective® Strategic Objectives II VUL product improvements

 Starting May 1, a new Buffered Growth & Income model portfolio option will be available for Protective Strategic Objectives II VUL. This new model portfolio includes high-quality investment options, including the Invesco® V.I. Defined Outcome Funds. These funds are designed to help clients capture market gains (up to a predetermined cap) while offering loss protection to provide them with defined growth potential.

New Protective Strategic Objectives II VUL product enhancements go into effect May 1, 2024, and will also include:

  • Rebalance of existing model portfolios with several new fund allocation options
  • New fund categories added to select investment options to align with Morningstar classifications



Exciting changes for WriteFit

Effective June 1, 2024, Securian will make  changes to their WriteFit Underwriting™ program that will help improve the customer experience, increase efficiency, and simplify underwriting requirements. This will also impact eApp requirements.  These changes help support the transition to a more digital application process through eApp.

What’s Changing?

  • Discontinuation of WriteFit Express
  • WriteFit eligibility ages 0-60
  • WriteFit required for all products with face amount of $500k or less for ages 0-60.
  • Term minimum issue age increased to age 18 (previously 16)
  • Juvenile term policies will no longer be available (NY included


  • No changes from a permanent policy to a term policy with a face amount less than $250,000
  • No term policies with a face amount less than $250,000
  • Paper applications will not be accepted for term policies below $3M or permanent policies below $500,000

NO EXCEPTIONS will be made.


April 29, 2024

Lincoln Financial Group

Update to Lab Policy for Lincoln TermAccel® and WealthAccelerate® IUL
For Lincoln TermAccel® and WealthAccelerate® IUL electronic ticket (eTicket) submissions, if Lincoln determines that labs are needed, they will now accept labs that have been completed for another carrier within the past 12 months. To help prevent clients from undergoing unnecessary labs, Lincoln continues to discourage preemptive lab orders. At the end of the client interview, if it’s determined that labs are required, Lincoln will order the necessary labs, or will accept labs that have been completed for another carrier within the past 12 months.

Coming Soon – Lincoln MoneyGuard Market Advantage® (2024) Effective May 13, 2024
Effective May 13, 2024, Lincoln will  launch Lincoln MoneyGuard Market Advantage® (2024), their newest variable linked-benefit solution in the Lincoln MoneyGuard® portfolio, subject to state, SEC, and firm approvals.

Coming Soon: Model Portfolio Options for Lincoln AssetEdge® VUL (2022)

Effective May 13, 2024, Lincoln is adding model portfolio options to its Lincoln AssetEdge® Variable Universal Life Insurance product as a simpler alternative to selecting individual funds. These asset allocation model portfolios utilize passively managed funds to provide a low cost and a well-diversified model solution. Model Portfolios offer applicants simple “check-the-box” options to create a portfolio that meets their specific needs and objectives.

How to Allocate Using a Model Portfolio

The allocation form for use has been updated and available on the Lincoln Forms Tool for Lincoln AssetEdge® VUL (2022). Beginning May 13, 2024, applicants who wish to allocate to a model portfolio will be able to do so by submitting allocation form LF12401_5-24 (“AssetEdge VUL Allocations”).



April 17, 2024

American National

New Annuity Suitability Form Required as of March 13, 2024

Effective March 13, a new version of the 4465 form series, the Annuity Suitability form, will be required for all new annuity applications. *

To ensure a smooth transition, all applicable electronic platforms have been automatically updated to accommodate the new form.

Please Note: The old version of the form is no longer accepted. It is crucial to use the updated form to avoid potential delays in business operations. Remember to check the revision date on the bottom right corner of the form, which should be marked as RV 12-23.

New revision dates will be applied to the following affected forms:

  • 4465-NAIC RV 12.23
  • 4465-NAIC-MN RV 12.23

In addition to this change, the 4394 form series will be removed for annuity new business only. Moving forward, ExpertForms will be transitioning to the industry standard:


This change will align paper with electronic applications and help the annuity new business team streamline these requests on one form.



Effective August 1, 2024, Banner Life will no longer accept the traditional Request for Life Insurance Form LAA1297.

Starting August 1, Banner Life will transition to digital-only submissions. This is a significant step in our journey toward a more efficient, paperless process, aligning with our commitment to sustainability and digital innovation.

What you need to know:

Paperless policy: Banner Life will no longer accept paper versions of Form LAA1297. The form will be removed from Partner Dashboard and all third parties on May 15th.

Applicability: This change is only for Banner Life business. William Penn will continue to accept paper Form LAA1297WP. The issue state is based on the owner's residence and determines the applicable form and process.

Lincoln Financial Group

Enhancements to the indexed account line-up for Lincoln fixed indexed annuities 

Effective, March 18, 2024, Lincoln announced an additional indexed account option for new fixed indexed annuity contracts designed to provide growth potential in up, flat, and even down markets. Effective for most new contracts issued on or after March 18th, clients can allocate premium to a new account:

  • 1 Year S&P 500 Dual Trigger

Additional indexed account updates - Updates to Lincoln OptiBlend® contracts issued on or after March 18, 2024

  • The 1 Year S&P 500 10% Daily Risk Control Trigger will be an option on new contracts.
  • The 1 Year S&P 500 10% Daily Risk Control Spread account will no longer be available.

Mutual of Omaha

New Proposal Requirement for Immediate Annuity Applications

Beginning May 1, 2024, a proposal must be included with all immediate annuity application submissions. This new requirement allows Mutual of Omaha to capture the necessary details regarding premium payouts and rate lock information at the time of application. Thus, helping to eliminate the reissuing of many policies due to missing information on the application.


Securian VUL Defender Target Premium Update
Securian has announced they are increasing target premiums on VUL Defender® by up to 10% effective May 1, 2024, which could affect agent compensation.

Percent increase by insured age

  • Under age 40: 7-10% increase
  • Ages 40-59: 4-5% increase
  • Ages 60+: 1-3% increase


April 9, 2024


Protective has introduced the Protective® Executive 10-Year Term, a group term carve-out solution tailored for executives.

Designed to drive growth in your business market, Protective Executive 10-Year Term features:

  • Affordable and level premiums
  • Guaranteed-issue type underwriting with just two key questions
  • Individual, portable protection that doesn’t go away at retirement


April 3, 2024


MassMutual introduced the NEW Apex VUL, which provides death benefit protection with an accumulation focus that diversifies MassMutual’s life insurance portfolio. Apex VUL helps to better meet clients where they are in the financial life cycle. Featuring:

  • A variety of investment options from leading investment companies including low-cost index options and a new 10% buffer fund.
  • Innovative conversion feature to any new individual MassMutual Whole Life policy.


April 1, 2024


Oceanview is increasing the S&P 500 Annual Point-to-Point w/ Cap Rate on the 7- and 10-year Harbourview FIA products, effective 4/1/2024.


April 2024 Index Account Updates effective April 1, 2024

A letter will be sent to policy owners when there are changes to index accounts, informing them of the new caps, rates and spreads, and that the future segments will be impacted. The letter also indicates that these changes may result in different values than were shown in their most recent illustration and how they can request a current illustration.

Generally, the hedge budgets for IUL products improved allowing for improvements to caps and spreads while the opposite was true for the hedge budget for IVUL.


March 29, 2024

Mutual of Omaha

Deferred Annuity Rates Will Increase April 1, 2024

New money rates for deferred annuity products will increase on April 1, 2024.

The payout rate for Income Annuity with Premium Return will also increase 10 bps.


March 28, 2024

Mutual of Omaha

Upcoming Fixed Account and Index Loan Rate Changes for Life Products

Effective April 1, 2024, Mutual of Omaha will increase the fixed index loan rate for their IULs from the current 4.00% to 5.00%. Current fixed account credited rates will be updated as follows:

  • Income Advantage IUL fixed account rate will increase 0.50% from 3.50% to 4.00%
  • Life Protection Advantage IUL fixed account rate will increase 0.25% from 3.25% to 3.50%
  • IUL Express fixed account rate will increase 0.50% from 3.25% to 3.75%

The loan rate change applies to new loans taken on or after April 1st and to existing loans after they pass their annual loan anniversary.


Nationwide CareMatters® II price improvement effective April 1, 2024 (California)

Beginning April 1, 2024, Nationwide® is implementing a price improvement across all scenarios for the current CareMatters® II product effective in the state of California (CA).

CareMatters II price improvements and product minimum decrease

There will be a price decrease for all scenarios, which varies by the characteristics of the case. In addition, to make CareMatters II more accessible to more clients, Nationwide has lowered the minimum LTC benefit from $2,500 a month to $1,500 a month. The minimum is $1,550 in California. South Dakota, Vermont and Wisconsin also require higher minimums.


March 27, 2024

American National

Annuity Disbursements Made Easy through the Client Portal

Clients can now request distributions through American National’s Self-Service Portal. This streamlined process accelerates distribution receipt, eliminates paper usage, and reduces the risk of lost checks in the mail. Encourage your clients to take advantage of this efficient method for managing their distributions.


As of March 14, 2024, Legal and General released their latest rate update for the Banner OPTerm products.


Lifetime Income Choice – New Enhanced Income Benefit

As of March 25, 2024, Power 7 Protector Plus Income and Power 10 Protector Plus Income index annuity contracts issued with the Lifetime Income Choice guaranteed living benefit now include the new Enhanced Income Benefit should clients require confinement care. The Enhanced Income Benefit provides for increased income by up to 200% of a clients Maximum Available Withdrawal Amount (MAWA) under the rider for Single Life or 150% for Joint Life when qualifying conditions are met, like:

  • Confinement must be in a qualified facility, like a nursing home
  • Covered person(s) cannot have been confined on the contract issue date
  • Confinement claims are available after the second contract year
  • Covered person(s) must be confined to a qualified facility at the time a claim is submitted
  • Payment period of up to 5 cumulative contract years (need not be consecutive) or until contract value is reduced to zero, whichever is sooner

Select-A-Term Rate Update

As of March 11, 2024, Corebridge released their latest rate update for the AG/US Life Select-A-Term products.

Lincoln Financial Group

Online Fund Transfer Expansion

As of March 25, 2024, Lincoln expanded its online fund transfer capabilities to Lincoln MoneyGuard Market Advantage® and most Lincoln VULONE and Lincoln SVULONE variable universal life insurance (VUL) policies

Already available for Lincoln AssetEdge® VUL, this capability offers a fast and easy way for registered users to manage policy funds at any time, from anywhere.

LifeElements and TermAccel Rate Updates

As of March 11, 2024, Lincoln Financial Group released their latest rate update for the LifeElements and TermAccel Products.

Oceanview Life & Annuity

AM Best has upgraded the Financial Strength Rating and Long Term Issuer Credit Rating of Oceanview Life and Annuity Company to “A” (Excellent) from A- (Excellent).


As of March 15, 2024, new interest rates for Care Solutions products went into effect.


Updated Interest Rates on Select Products

Updates to interest crediting rates on multiple Protective universal life in-force policies and all Protective Indexed ChoiceSM UL products went into effect on March 15, 2024.


As of March 14, 2024, SBLI released their latest rate update for the SBLI Premium Term Products.


Cancer Care Compass

Effective March 29, 2024, Symetra will launch the Cancer Care Compass.

Symetra’s Cancer Care Compass is an industry-first rider package offering a unique combination of cancer care benefits and services that can help your clients navigate living longer and healthier lives. Highlights include:

  • Multi-cancer early detection testing
  • Health advocacy services
  • Nutrition intervention, guidance and support
  • A cash benefit

IUL Index Cap and Participation Rates Increase

Effective April 15, 20204, Symetra will increase index cap and participation rates on:

  • Accumulator Ascent IUL (versions 1.0 and 2.0) and
  • Protector IUL (versions 4.0 and 5.0)


March 19, 2024


Beginning March 21, 2024, Transamerica Financial Choice IUL℠ (FCIUL) maximum illustration rates will change for Fidelity Small-Mid Multifactor Index ℠ Account new business sales and in force illustrations. Rates will remain the same for Transamerica Financial Foundation IUL® (FFIUL) and TFLIC Financial Foundation IUL® new business and in force illustrations.


March 14, 2024


Banner Life has new OPTerm level term rates, effective March 14, 2024, for their existing OPTerm Level Premium Plans and Term Riders.

Rate Change Highlight Summary

  • Premium rate changes were made to level term periods only with changes in all rate classes in the 10-40 year term durations.
  • The change to the level period premium rates includes a mix of increases and decreases.
  • Normal transition rules will apply, that is, the prior rate scale will be honored for 30 days from the March 14, 2024 effective date, or until April 13, 2024.


March 13, 2024


Symetra’s Swift Term system is currently experiencing technical difficulties due to a vendor issue. Agents may encounter difficulty in completing drop tickets, and applicants may face challenges in completing their online interviews and purchasing their policies.

We sincerely apologize for any inconvenience this may cause you. Symetra is actively working on resolving the issue, and we will keep you updated on the progress. Thank you for your patience and understanding.


March 12, 2024

American National

New Annuity Suitability Form

Effective March 13, a new version of the 4465 form series, the Annuity Suitability form, will be required for all new annuity applications.

To ensure a smooth transition, all applicable electronic platforms will be automatically updated to accommodate the new form.

Please Note: Beginning March 13, the old version of the form will no longer be accepted. It is crucial to use the updated form to avoid potential delays in business operations. Remember to check the revision date on the bottom right corner of the form, which should be marked as RV 12-23.


March 11, 2024

Lincoln Financial Group

Pricing Update: Lincoln LifeElements® and  Lincoln Term Accel® Effective March 11, 2024

  • Lincoln LifeElements Level Term:
    • Premiums are increasing approximately 2% on average for non-tobacco, core cells.
    • Premiums are increasing 4-6% on average for preferred plus and ages 35 - 45.
    • Most competitive cells will generally be older ages and standard risk classes
  • Lincoln TermAccel
    • Premiums are increasing approximately 2% on average for non-tobacco, core cells.
    • Premiums are increasing 3% on average for preferred plus and ages 35 - 45.
    • Most competitive cells will generally be older ages and standard risk classes.


Enhancements to Foreign National Guidelines

Nationwide has made several significant updates to its international guidelines:

  • No $1,000,000 minimum required policy if Foreign National has been in the U.S. less than 3-years
  • All Products including Term are now available for Foreign Nationals
  • All Riders are now available including the LTC-Rider for Foreign Nationals in the U.S. for greater than 1-year
  • Preferred risk classes are now available after 1-year of residence with preferred plus available after 3-years in the U.S.
  • Accelerated underwriting is now available to anyone who has been in the U.S. for 1-year
  • Expanded acceptance for foreign nationals from C and D countries


Enhancements to PruLife® Custom Premier II in New York

Custom Premier II was enhanced in New York on 03/04/24 with non-permanent BAR, a new set of variable funds, and a PDA option. You’ll also see an enhanced illustration function that may increase the client’s death benefit with minimal impact on cash accumulation.


March 7, 2024

John Hancock

Updates to John Hancock Protection IUL

Competitive premiums across all funding scenarios

  • Offering protection and value coupled with leading cost-effectiveness among today’s IUL products

Access to indexed accounts with the most real world value

  • Competitive S&P indexed account parameters to provide real life value to policy holders
  • Providing a 7% volatility target — the highest on the market today — to help position for growth and stability
  • Facing the future with better back-tested 10-year returns than competitors’ managed volatility accounts

Both indemnity and reimbursement options to address extended care needs:

  • Helping clients achieve the best balance of death benefit and long-term care or chronic illness protection for their specific needs

Savings and discounts through the unique John Hancock Vitality Program:

  • Allowing clients to earn rewards for the everyday things they do to live a longer, healthier, better life™


Fixed Interest Rate Increases

2020 IUL products fixed account: 0.25% rate increase effective April 1, 2024

For all 2020 IUL products, the fixed interest strategy (fixed account) rate is increasing by 0.25% to 3.75%. This applies to both in-force and new policies in these products.

Advanced Premium Deposit Fund fixed account: 0.50% increase on accounts effective April 1, 2024

The rate credited to Advanced Premium Deposit Fund (APF) accounts is increasing by 0.50%. Policyholders already using the APF account will automatically receive the higher rate.

Nationwide CareMatters® fixed account: 0.25% rate increase effective April 1, 2024

The rate credited to the Nationwide CareMatters fixed account is increasing by 0.25% and applies to both in-force and new policies. This change does not impact premiums. CareMatters illustrations are shown on a guaranteed basis only. If premiums are paid and no loans or partial surrenders are taken, the benefits are guaranteed.


March 1, 2024

Cincinnati Life

Decreased modal factors for all term plans

Cincinnati Life has decreased the premium modal factors on all Termsetter and Termsetter ROP plans, resulting in more competitive pricing. While they continue to offer a direct bill option for annual, semiannual and quarterly modes, monthly direct bill mode is no longer available.


Updated psych guidelines

Included in this update:

  • Competitive underwriting offers for mild and moderate ADHD, anxiety and depression histories that are well controlled and stable. And the potential qualification for up to Preferred-Select classification.
  • Improved underwriting offers for individuals with long-term stable and controlled bipolar disorder
  • Increased cases qualifying for acceleration (WriteFit™ Underwriting*)
  • Reduction of Attending Physician Statement (APS) requests
  • Reduced turnaround times

Please note: The above does not apply to the SecureCare™ product line.


February 27, 2024


Updated pricing now available for Protective® Strategic Objectives II VUL

This product offers:

  • Tax-deferred cash value growth that isn't restricted by "guarantee fees."
  • Strong investment options from leading fund managers.
  • Two death benefit options for added flexibility.
  • Lapse protection to help ensure the policy and death benefit remain active.


February 26, 2024


Introducing a performance-triggered index strategy on the Power Series of Index Annuities in New York

Effective February 26, 2024, Corebridge Financial has added the S&P 500 Index – Annual Point-to-Point with Performance Triggered strategy to the line-up of index account options available on our New York Index Annuity products Power Index 5 NY and Power Index Premier NY.

Mutual of Omaha

Life Insurance with Long-Term Care Rider Application Reminder:

When submitting applications that include the Long-Term Care Rider, the Drop Ticket application method cannot be used.

Long-Term Care Inforce Rate Increase:

Mutual of Omaha will be implementing the following inforce rate adjustments in the state of Arkansas, effective May 1, 2024.

Impacted Forms





Policyholders will receive a letter notifying them at least 60* days prior to the premium rate increase effective date as outlined above.

Along with the premium rate increase notification letters, most policyholders will receive an adjustment offer if there are options available. The offer will provide the policyholder with a benefit reduction alternative to help reduce the impact of the premium increase.


Effective March 16, 2024, the VUL Protector II will be available in CA.

LTC rider reprice: price decrease for all scenarios


Backdating Term Conversions

As of Jan. 4, backdating to save age is allowed for Term conversions.

The Backdating Request form (DD1621-9) is required prior to policy issue.

Any unused premium from the term policy will be applied to the new policy.

Backdating is not allowed when a term policy is beyond its final conversion date or the policy has lapsed.


Protective Indexed Choice UL has been launched in NY.

Security Mutual

LT Security Plus Rate Update!

Security Mutual has released their latest rate update for the LT Security Plus products.


February 23, 2024

MYGA Rate Lock

After several months of steady interest rate increases, multi-year guarantee fixed annuity interest rates have been steadily declining.  To meet your clients’ interest rate expectations, it is imperative that applications and carrier-specific training is “in good order” prior to submission and that advisors are mindful of the “rate lock” period.  Unlike some aspects of insurance underwriting where there may be flexibility, the rate lock date is non-negotiable and insurance carriers will not make exceptions.


February 14, 2024

Lincoln Financial Group

Product Update: Lincoln WealthAccumulate® 2 IUL (2020)

On February 12, 2024, Lincoln introduced the updated Lincoln WealthAccumulate® 2 IUL (2020). This accumulation focused IUL provides clients with options to help solve their income needs. Lincoln WealthAccumulate® 2 IUL (2020) – 02/12/24 will replace the existing Lincoln WealthAccumulate® 2 IUL (2020) – 04/17/23

What’s New?

  • Increase to Caps and Participation Rates*
  • Increase to Current Fixed, Holding and DCA Account Rates* (Current Fixed and Holding: 3.50%; Current DCA: 4.50%)
  • Addition of 4 Indexed Loan Accounts* (Indexed Loan Accounts mirror Non-loaned Indexed Accounts)
  • Decrease to Current Policy Value Charge (Decreasing to 0%)
  • Changes to Current Premium Load 9% in first 20 policy years; 5% thereafter (from 12% years 1-5; 5% years 6+)
  • Extended Current Cost of Insurance duration to age 121 (from age 100)
  • Increase to Current Cost of Insurance Rates
  • Increase to Guaranteed Policy Loan Charge Rate 25% (from 5%)
  • The Lincoln Enhanced Value® Rider (LEVR) will have one Return of Premium option of 85%. (The 100% and 93% Return of Premium options will be removed from the currently sold product as of Feb. 12, 2024)*

*indicates updates that also apply to the currently sold Lincoln WealthAccumulate® 2 IUL (2020) –04/17/23


February 12, 2024


Indexed Interesting Strategies Update:

Effective March 15, 2024, Nationwide will implement improved rates on many indexed interest strategies in their Nationwide IUL and VUL products, including a 19.5% cap rate and a 300% participation rate. They will also improve the spread rates on the uncapped S&P 500® across many of their products with this strategy. However, for a few strategies within a subset of products, there are some slight decreases due to changing market conditions and increased hedge costs for those specific indexed interest strategies.

  • Segments created on this date will receive the new rates
  • Includes new premium, transfers (including DCA) and matured segment reallocations

Accelerated Death Benefit For Chronic Illness Rider-California

Nationwide has announced that the Accelerated Death Benefit for Chronic Illness Rider has been approved in California. All eligible new policies issued on or after February 19, 2024 will automatically include the rider. No additional paperwork will be required.

In addition, Nationwide be issuing the rider to qualifying in-force policyholders for applicable policy types issued on or after January 11, 2021. They are required to notify them about the addition and send them a set of updated policy pages. The mailing for this initiative will continue through 2024.

  • Nationwide IUL Accumulator II 2020
  • Nationwide IUL Protector II 2020
  • Nationwide New Heights® IUL Accumulator 2020
  • Nationwide No-Lapse Guarantee UL II
  • Nationwide Advisory VUL*
  • Nationwide VUL Accumulator*
  • Nationwide VUL Protector*
  • Nationwide 20-pay Whole Life
  • Nationwide Whole Life 100
  • Nationwide 15-year Guaranteed Level Term
  • Nationwide 20-year Guaranteed Level Term
  • Nationwide 30-year Guaranteed Level Term

*The Chronic Illness Rider will not be added to currently in-force VUL policies.

Other requirements for this rider:

  • The policy Issue Age is 18-65 (except for term products, where the maximum issue age is 55).
  • The policy is Table Rating C or better and $5 flat extra per 1,000 or better.
  • Policies that have the long-term care rider are not eligible.


New interest rates for Care Solutions products will be effective February 15, 2024.


Now Approved in CA: Enhancements to Founders Plus Indexed UL & Essential UL

On 02/26/24, Founders Plus Indexed UL and Essential UL will be enhanced in California. Most clients will benefit from improved pricing and a generally lower charge structure, and can add the updated Premium Deposit Account.


Rates for SecureCare™ III, a long-term care (LTC) and nonparticipating whole life insurance policy, were decreased by 25 percent across all case scenarios in South Carolina.In addition, SecureCare III is now available in Montana.


February 7, 2024

Mutual of Omaha

Introducing Fluidless Underwriting

This Special Program Applies to:

  • Life insurance applicants ages 30-65
  • U.S. citizens or valid Green Card holders
  • Applicants who have had a complete annual or executive physical in the U.S. or U.S. territory:
    • Within 18 months for face amounts $2,000,001 - $5,000,000
    • Within 12 months for face amounts $5,000,001 - $10,000,000
  • Applications for: Term Life Answers, AccumUL Answers, Income Advantage IUL and Life Protection Advantage IUL. All riders are eligible under this program

It MUST be clearly indicated on the application cover letter that you are requesting that your applicant be considered for the Fluidless Underwriting Program


February 1, 2024

One America 

OneAmerica® is now OneAmerica Financial℠

During this time, you may come across both their previous and current branding.


Interest rate adjustments effective February 1, 2024: Protective is updating interest crediting rates on multiple Protective universal life in-force policies and all Protective Indexed Choice UL products.

Protective® Classic Choice term pricing decrease effective February 1, 2024: This price decrease puts Protective in the top three 72% of the time in monthly premium scenarios and 73% of the time in annual premium scenarios.


SwiftTerm pricing updates effective February 2, 2024

With these updates, SwiftTerm will maintain its top competitive positioning for coverage amounts of $500,000 to $3 million in non-nicotine rate classes. New rates will be available starting Friday, February 2, 2024.


January 31, 2024

John Hancock

Policy crediting rate and indexed account parameter changes

The following adjustments will be effective March 1, 2024:

  • Crediting rates will increase on the retail indexed UL Fixed Account — most products will increase by 30 basis points, while Accumulation IUL 23 and Premier Benefit IUL will increase by 80 basis points
  • For Accumulation IUL 23, participation rates will increase by 15%-20% on Barclays Global MA Indexed Accounts
  • Most caps for indexed accounts without an Indexed Performance Charge (IPC) will have an increase, while most caps for indexed accounts with an IPC or two-year durations will decrease
  • Crediting rates will increase by 5-10 basis points on certain retail UL products and VUL Fixed Accounts
  • Protection UL and Protection SUL crediting rates remain unchanged


January 30, 2024

John Hancock

Offering early cancer screening to more policyholders

John Hancock is expanding access to Galleri® — a multi-cancer early detection Test from GRAIL — to eligible policyholders who purchased a life insurance policy from them before John Hancock Vitality was available.

Eligible policyholders age 50 or older with a policy issued between January 1, 2005 and December 31, 2009 will receive a letter from Brooks Tingle, President & CEO of John Hancock, detailing what the Galleri Test is and how these policyholders can request the Test at no cost. Here is a snapshot of some of the eligibility criteria:

  • Permanent policies greater than $250,000 where the insured is 50 or older
  • Policy issue date between January 1, 2005 and December 31, 2009
  • Policy issued in one of the following states: Alabama, Arkansas, Arizona, Florida, Georgia, Iowa, Kansas, Minnesota, Mississippi, Nebraska, Ohio, Rhode Island, South Dakota, Virginia, West Virginia and Wyoming

Lincoln Financial Group

MoneyGuard® Policy Dating and Premium Update

Effective February 12, 2024

Lincoln is updating their MoneyGuard Policy Dating Rules to add consistency across their life insurance product portfolio, help simplify how policy issue age is handled, and better align themselves with the competitive marketplace.

Effective February 12, Lincoln will no longer offer backdating 1 month from the signature date of the Part I to save age. With the new rules:

  • The insured's insurance age is the insured's actual age on the date when the application is signed.
  • The insurance age could increase if the insured has a birthday between the time of application and policy placement. Lincoln will save age for up to one month during the new business and underwriting process.
  • In order to save age, the policy must be placed and/or the 1035 replacement initiated, within 1 month of the insured’s birthday. Otherwise, a revised illustration reflecting the older age is required and if applicable, New Business will reissue a new policy. At placement, the policy date and the effective date of the money will be the current date Lincoln New Business confirmed all requirements, including premium, are in good order.

Mutual of Omaha

Mutual of Omaha has made the decision to no longer offer the Term Life Express 30 Return of Premium (TLE 30 ROP) product, effective January 31, 2024.



January 19, 2024

Lincoln Financial Group


  • Pricing Improvements for MoneyGuard Fixed Advantage and MoneyGuard II, effective 1-22-24.

AssetEdge VUL:

  • The Table Reduction Program (TRP) is no longer available for Lincoln AssetEdge VUL.
  • Target premiums will decrease on average by 9% for Death Benefit Option 1 and Death Benefit Option 3.


January 18, 2024


Harbourview MYGA & FIA

Oceanview will implement rate changes on their Harbourview MYGA & FIA products, effective January 22, 2024.

In addition, effective January 22, 2024, they will offer two new index crediting strategies for their Harbourview FIA series:

  • S&P 500 Daily Risk Control 5% Excess Return Annual Point-to-Point with Participation Rate
  • S&P 500 Daily Risk Control 10% Excess Return Annual Point-to-Point with Participation Rate


New rates are now available for Principal's IUL Accumulation II product, also including improved early cash values


Protective has expanded eligibility for its voice signature process. Key updates include:

  • Applications with ExtendCare Rider are now eligible.
  • The previous age limit of 70 has been removed (note: there is still an age limit for 65+ at $1 million and above).
  • The face amount limit has been increased from $3 million to $5 million


SecureCare III repricing in SC and launching in MT

Effective January 29, 2024, SecureCare III rates will decrease by 25 percent across all case scenarios in South Carolina. In addition, SecureCare III will launch in Montana and will include the pricing decrease of 25 percent across all case scenarios.


January 5, 2024

Mutual of Omaha

Important Notice: Customers who had an Automatic Bank withdrawal scheduled for 12/31/23 may notice an incorrect policy status on Customer Access. Mutual of Omaha has received their payment and are actively working to apply the payments to policies and accurately update the policy status. Policy status on Customer Access will be updated the week of 1/08/2024.