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Helping Clients own their Financial Future

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Life insurance can help mitigate the risks of the unknown and help you own your future. Dying too soon, medical risks, and saving enough for retirement. North American shares this consumer video to help explain how life insurance can help relieve risks like these.
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American National Group was listed by Forbes…

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… as one of “America’s Best Insurance Companies.”  Click here for more information.
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Taking A Fresh Look At Your Life Insurance Coverage

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As consumers take a look at their finances to start the new year, Securian has created a great resource to review current coverage to make sure they have the right coverage and with a reputable carrier. Access it Here!
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Alternative Ways to Pay For Long-Term Care

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If Medicare isn’t designed to pay for long-term care and costs of care continue to rise, what other options are available? This article – from Securian – explores 4 solutions for clients. Client Article Here!
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A Life Insurance Strategy For Financial Portfolios

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You’re aware that life insurance can help your client’s family should they pass away. Do you know how life insurance as part of an overall financial portfolio can enhance a retirement income stream through helping control tax allocations? Learn more about this strategy from North American!
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Term Conversions – Explained!

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Check out North American’s client-friendly blog post that explains how term conversions work and a few reasons to consider converting your term policy!
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Life Insurance Basics Guide

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Life insurance can be confusing. In our guide, Legal & General covers the basics: who needs it, what the benefits are, and how to choose the right life policy. Access now.
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Download the 2022 LTCi Tax Advantage Flyers

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Mutual of Omaha his helping show their clients how buying a standalone long-term care policy offers tax advantages. The Individual, Business Guides are now updated with 2022 numbers.
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Evaluating Life Insurance Coverage Needs

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The COVID pandemic continues to show us how quickly life can change. Columbus Life is helping clients protect their family by evaluating their needs for life insurance coverage. Learn more.
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Securian: Helping Clients Calculate Their Life Insurance Needs

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When preparing for a review of your life insurance policies, Securian’s life insurance calculator is a great tool to use as it considers things like large one-time expenses, monthly expenses, income, and assets. This detail can help ensure you get the coverage you need. Get It Here
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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.