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In challenging times like these, it’s important to know you are recommending a carrier with strength and stability. The Wall Street Journal article below provides interesting information about an investment some insurers have in their portfolios that isn’t rated as safe as it once was. › Insurers Hit Brakes on Investments Designed to Make Risky […]
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Prudential’s 2020 Financial Wellness Census

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Prudential’s recent census finds people of color, women, younger generations, and small business owners were among those disproportionately affected by COVID-19. Learn more.
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KKR – Global Atlantic Acquisition

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On July 8, 2020, we announced that Global Atlantic entered a strategic partnership with KKR and would be acquired by KKR, kicking off an exciting new chapter of growth and opportunity. To learn more about the acquisition and access information that you can use with your clients please visit our KKR-Global Atlantic resource page at: […]
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Another Burst of Retail Spending

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Retail sales jumped again for June, following May’s upwardly revised 18.2 percent record increase, with a strong 7.5 percent rise. These gains erased nearly all of the lockdown-induced declines from March and April. Click here to read the full economic review & outlook from Nationwide!
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New Chief Underwriter and Underwriting Transformation Officer

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Legal & General America welcomes Dawn Boitnott, to lead our strategic underwriting initiatives, and managing our guidelines and policy, including the evaluation of emerging underwriting tools and data. Read the full press release
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The Tax Cuts and Jobs Act (TCJA) of 2017 accomplished many things. One of the TCJA’s unintended consequences is that it may popularize a little-known tax planning technique known as a Qualified Charitable Distribution (QCD). Columbus Life Explains.
The post Qualified Charitable Distributions: Can You Have Your Cake and Eat It Too? appeared first on Insurance Designers of America.
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See the Power of AQR’s Index from AIG

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The AQR DynamiQ Allocation Index is a multi-style index that seeks to maximize returns through efficient and well-diversified exposure to global equity and fixed income markets.  With the index’s client-approved microsite, you can see how the index would have performed through the years, if it had existed.
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The Gift of Giving from SBLI

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Many grandparents would like to make substantial gifts to their grandchildren but living on a fixed income can make them difficult. With the purchase of a level payment whole life policy based on their lives, grandparents can maximize their gift and guarantee the death benefit. Click here for more information!
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As businesses navigate these times, seeing and hearing what their peers are doing can be valuable. Business voices provides articles, videos, and podcasts to business owners. Here are a couple of examples of what can be found: Podcast—How small businesses are managing cash flow in a volatile year Video—How remote working inspired this New York […]
The post Principal Offers New Web Content Featuring Peer Insight for Owners appeared first on Insurance Designers of America.
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New study reveals how the COVID-19 pandemic impacts Americans’ emotions, outlook, top concerns and financial decision-making. The majority of American adults fear contracting COVID-19 more than facing a U.S. economic recession. Click here for the full story!
The post New Nationwide Study: COVID-19 Impact – Rising Need for Financial Protection appeared first on Insurance Designers of America.
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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.