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Five Tips For Consumers That Will Help Set Them Up For Financial Success

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One secret to financial success is setting up a budget. Legal & General has 5 more to consider when trying to manage family finances. Check it Out Now.
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What to Know at Your Retirement Age Milestones

By Feed Archives - Insurance Designers of America
Columbus Life seeks to help consumers learn how to prepare for retirement at any age with the following infographic. Find Out More.
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What’s Your More?

By Feed Archives - Insurance Designers of America
A solid #Retirement strategy is more than dollars and cents. It’s also about knowing the lifestyle you’re saving for. Athene’s “What’s Your More?” #Quiz can help consumers identify what they want more of in retirement.
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Reimagine Your Cash Value Life Conversations

By Feed Archives - Insurance Designers of America
Cash value life insurance can be a flexible option for multiple needs for many. While the death benefit provides valuable protection, any cash value can offer possibilities beyond what we traditionally think. Check out the consumer brochure from Prudential.
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Built on a Promise

By Feed Archives - Insurance Designers of America
In 2021, OneAmerica fulfilled more claims than at any other time in our history. But for us, it’s not about numbers. Our mission is all about people. Even in times of uncertainty, OneAmerica stands strong for the people we serve. That’s because we’re built on a promise: to be there when you need us the […]
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New Consumer-Facing Videos

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This series of three animated videos – from Nationwide – follows a senior couple and their adult children as plans are put in place for Estate Planning:  Step 1 Step 2 Step 3.
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Moms Are On A Whole Mother Level

By Feed Archives - Insurance Designers of America
Forty-one percent of mothers were the sole or primary breadwinners for their families, earning at least half of their total household income – which means life insurance for moms is more critical than ever, Download these mom-focused materials – from Legal & General – to help protect all of the moms out there. Learn more
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Making the Complex Simple

By Feed Archives - Insurance Designers of America
Do insurance company ratings seem like a jumble of numbers and letters? They sure can look that way. But the Comdex Ranking looks at all the ratings and makes them easier to understand. Enjoy this short, but insightful and entertaining video to see how our company – Columbus Life – scored!
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Don’t Get Caught Unaware

By Feed Archives - Insurance Designers of America
For quick and easy access to relevant state laws, bookmark this site from John Hancock: “Know the Law”: It can provide the answers you need when moving to another state, hold assets in other states, or need a quick overview of their current state’s laws.
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Disabled? Me? Never!

By Feed Archives - Insurance Designers of America
Disability can happen to anyone. Anytime. Anywhere. See MassMutual’s consumer-friendly brochure and video that highlights a true story about how disability income insurance provided peace of mind after an unplanned medical diagnosis.
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A settlement has been reached in the years-long law suit over increases in non-guaranteed costs of insurance for universal life policy owners.

On October 4th Transamerica announced a $195 million settlement for increases announced in 2015 and 2016 that affects over 100,000 policy owners.

Ron Sussman, CEO of CPI Companies was an expert witness in the case and an advocate for policy owner rights.

Policy owners will receive payments credited to their cash value and a 5 year moratorium on any future rate increases.

More information to follow.

Happy to share my first article in INN Magazine

Article: http://www.insurancenewsnetmagazine.com/article/%E2%80%98unscheduled-policy-loans-can-create-sales-opportunities-3524#.W4Vo_ehKiHs

To Learn More: https://mailchi.mp/07aa3321648b/policyloanrescue

Still think that term policy your client doesn’t need anymore is worthless? THINK AGAIN! We recently worked with a 75-year old client who owned a $1.5M term policy. The policy was approaching the end of the guarantee period, the client did not want to pay to convert, and planned to let the policy lapse. We explored a life settlement option and the client was able to sell the policy for $232,000, instead of letting it lapse and walking away with nothing.

Agent's need to educate their client's about these opportunities, as too many are missed. Contact us if you'd like to learn more.

Read CEO, Ron Sussman's latest article published on InsuranceNewsNet.com website: https://insurancenewsnet.com/innarticle/commentary-have-we-created-a-national-shadow-retirement-system

Congresses change from C-CPI to CPI-U for indexing inflation could lead to a reduction in the daily per diem limits for your client's LTC or Chronic Illness Rider. Help your client's plan accordingly for the unexpected reduction and make sure they understand the impact it will have whether they own an indemnity or reimbursement style rider. Click the image below for more info

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Beginning late January 2018 John Hancock will notify LTC policyholders (including those from the block acquired from Fortis) that their premiums are increasing. The effective date will begin with policies with anniversaries on or after May 1, 2018.

Implementation is state specific and continues increases that, for some policy holders, began in 2012.

Please contact our office for more details.

For policy holders that are healthy, consider switching to newer linked benefit products with premium guarantees such as the Secure Lifetime GUL from American General.

Recently two carriers, North American and Protective Life, Announced decreased cap rates for their newly issued and in-force blocks of IUL products. This repricing of options reduces the index cap rate, and the maximum illustrated rate for index segments that are initiated or renew in 2018.

Indexed Universal Life cap and participation rates are determined by the carrier's options budget and the cost of options as determined by the options provider. These rates can be counterintuitive in a rising equities market where interest rates continue to moderate to the low side or fall.

We may be seeing the tip of the iceberg. Protective and North American are two conservative companies that tend to t...

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If you've ever asked your investment advisor for data on mutual funds or ETF's you know that there is a plethora of information available from a large number of sources. The source of the original purchase is irrelevant because the data is required by SEC and FINRA and is available through a simple internet search.

You can research any fund, manager, or investment company and easily find the performance and cost structure. This makes investing easy and accessible for any purchaser.

Now, try the same thing with your permanent life insurance policy. It is virtually impossible. Not only is there no repository of data, but the issuers go out their way to make sure you do not receive the informati...

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Stay tuned as we continue to add new features and tools. www.cpicompanies.com

Life insurance policies need to change to meet the needs of new generations of purchasers. The idea that the benefits of a policy are only for the purchasers beneficiaries is outdated and in desperate need of a makeover.

American General has the only solution: Secure Lifetime GUL 3 is life insurance for the living.

This product provides three opportunities for clients to benefit while they are alive:

1. Opt Out. After year 25 clients can elect to terminate the policy and receive a full refund of all premiums paid.

2. Use the death benefit to pay for LTC or chronic illness. Indemnity based benefit. No need to provide receipts. Pay for home care by a family member or use for any other purpose.

3. ...

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Securities and Investment Advisory Services offered through The Leaders Group, Inc. Securities Dealer, Member FINRA/SIPC; TLG Advisors, Inc. Registered Investment Advisor; 26 W Dry Creek Circle, Suite 800, Littleton CO 80120, (303) 797-9080. CPI Companies is not affiliated with The Leaders Group, Inc.