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Nationwide Stood Strong in 2020!

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Despite last year’s challenges, Nationwide was successful, and we made simplicity a priority. Click here for our Annual Report!The post Nationwide Stood Strong in 2020! appeared first on Insurance Designers of America.Read more

Keeping Our Promise to Serve Others

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Hot off the press: National Life Group’s 2020 Business Highlights and Annual Report. Read more.The post Keeping Our Promise to Serve Others appeared first on Insurance Designers of America.Read more

April is Financial Literacy Month

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A life insurance policy isn’t as expensive some may think! Pacific Life shows clients The Surprising Affordability of Term Life Insurance—one of the many insight articles available on PacificLife.com, their public-facing website.The post April is Financial Literacy Month appeared first on Insurance Designers of America.Read more

Make Our Strengths Your Strength

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Columbus Life is a proud member of Western & Southern Financial Group and part of a mutual holding company that stands among the strongest life insurance groups in the world. In changing economic times, you can be confident in our company’s heritage of stability. We were built for times like these. Watch Now.The post Make Our Strengths Your Strength appeared first on Insurance Designers of America.Read more

Life Insurance is an Important Part of Any Financial Plan

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Legal & General American seeks to help consumers understand how affordable term life insurance can be an essential part of their financial plan with a consumer-approved flyer.The post Life Insurance is an Important Part of Any Financial Plan appeared first on Insurance Designers of America.Read more
In support of the industry-wide campaign, #HelpProtectOurFamilies, MDRT has released an article focused on the unconscious gender bias advisors can have when working with clients and why it’s important to look at ways to reshape interactions for a better outcome. Read the articleThe post How Advisors Can Address Unconscious Gender Bias with Clients and Prospects appeared first on Insurance Designers of America.Read more

What’s New on PacificLife.com

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Check out the latest insight available on our public-facing website—PacificLife.com. This short article shares four steps to help clients choose the best protection for their needs and includes access to a comprehensive life insurance need calculator. How to Buy Life InsuranceThe post What’s New on PacificLife.com appeared first on Insurance Designers of America.Read more

NEW Strength and Stability Brochure

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Did you know? North American holds over 641,000 life insurance and annuity policies, with assets over $32 billion! Share our story of growth, history of strength, and long-term reliability with potential and existing North American policyowners using our updated brochure. Download now!The post NEW Strength and Stability Brochure appeared first on Insurance Designers of America.Read more

Did You Know?

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Prudential is proud to partner with LL Global (LIMRA, LOMA, SRI) in support of their “Help Protect Our Families” campaign aimed at creating awareness and closing the $12T life insurance coverage gap.The post Did You Know? appeared first on Insurance Designers of America.Read more

North America Shows Clients How to Build a Stronger Future

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On this consumer site, North American walks clients through the potential financial risks they may be overlooking and to see if Builder Plus IUL® 2 is the right fit for them.The post North America Shows Clients How to Build a Stronger Future appeared first on Insurance Designers of America.Read more

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 MagazineArticle: http://www.insurancenewsnetmagazine.com/article/%E2%80%98unscheduled-policy-loans-can-create-sales-opportunities-3524#.W4Vo_ehKiHsTo 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.