1-877-475-2010
25400 U.S. 19 N, Suite 221
Clearwater, FL 33763
1-877-475-2010
1-877-512-9287
Fidelity & Guaranty Life Insurance Company Discontinues Sales of FG Guarantee-Plus Series and Simplicity Elite Series - July 17, 2015
At Fidelity & Guaranty Life we take great pride in providing you with competitive life insurance & annuity products. However, we will be discontinuing new business sales of FG Guarantee-Plus 5 and 7 and Simplicity Elite 7, 10 and 14 traditional fixed deferred annuities effective July 17, 2015. Why Discontinue Sales? This business decision was made in response to the changing interest rate environment, market conditions and as part of an on-going effort to streamline and simplify our product offerings. Business Transition Rules
Questions? Contact us at 877-512-9287 or [email protected].
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Mutual of Omaha no longer requires the other member of the household to have a policy in order to be eligible for the household discount on Medicare Supplement policies. It has also increased the discount percentage from 7% to 12% in the following states: NH, WY, NE, NM, PA, NC, CA, MD, MS, SD, TN and UT.
Be sure to ask applicants if they are eligible for the discount before quoting. New applications and rate cards are required. Questions? Contact us at 877-512-9287 or [email protected]. Cigna's new underwriting classes for substandard risks in Medicare Supplement plans will cover a number of significant conditions, and roughly 44% of previous declines may now become eligible for coverage. These new classes are now available in Alabama.
Cigna is running a 30-day contest with the introduction of these new underwriting classes. Ten apps issued earns $100, 15 earns $750 and 20 earns $1,000. Questions? Contact us at 877-512-9287 or [email protected]. AHLIC will increase the household discount from 5% to 7% on Medicare Supplement plans issued in Ohio, Oklahoma, and South Carolina, effective June 15, 2015. Agents will be able to order updated sales materials (application, outline of coverage, and rate guide) starting June 15, 2015. Begin using the new materials immediately.
No action needed to get the higher discount. Eligible applicants and existing policyholders will receive the increased household discount. It is with great pleasure to announce, EFFECTIVE JUNE 1, 2015 you have the opportunity to offer NOT ONLY ONE (1) BUT TWO (2) Home Health Care policies to your clients.
Note: When writing two (2) HHC plans on the proposed insured, please make sure to submit the following:
For more information about this change or any of our annuity products, please contact us at 877-512-9287 or [email protected]. |
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