Phoenix is announcing an ADDITIONAL 0.25% agent compensation on new fixed indexed annuity sales.
Details:

• Applies to applications signed and submitted between September 16, 2013 and December 31, 2013
• Eligible Products include:

•     Phoenix Personal Income Annuity
•     Phoenix Personal Protection Choice
•     Phoenix Index Select Gold Bonus
•     Phoenix Reflections Gold Bonus

Phoenix is also announcing an ADDITIONAL $25 Bonus per Life Application.

Details:

• Applies qualifying applications signed and submitted between October 1, 2013 and December 31, 2013
• Applications must be received by Phoenix in good order by January 8, 2014
• Bonus will be paid when application is issued and paid or declined during underwriting review
• Eligible products include:
•     Phoenix Simplicity Index Life
•     Phoenix Remembrance Life
  

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Implementation of FlexCare Preferred Health and Marital Discount Changes (as announced in October of 2012) — Effective on State-By-State Basis Starting October 12, 2013
As announced last October, we are in the process of filing and implementing changes to our FlexCare preferred health and marital discounts in most states. The first round of discount changes will be effective as of October 12, 2013 in 10 states (AL, AR, GA, IA, MA, MO, MS, ND, SC & SD). The discount changes are as follows:

Preferred Health Discount (FlexCare Individual Business Only): Reduced to 5%
Married 1 Discount (All FlexCare Business): Reduced to 10%
Married 2 Discount (All FlexCare Business): Reduced to 25%

We will update you as these discount changes take effect in additional states going forward. Please refer to this chart to view the state by state discount structure.

Suspension of Annualized Commission Program — Effective October 12, 2013
We will no longer offer an annualized commission program for applications with sign dates after October 11, 2013. This change applies to commissions on all MedAmerica products. If you are currently on an annualized commission schedule, we will contact you to facilitate the recommissioning process to return you to an “as earned” commission schedule.

ARIZONA

Rate Increase for Medico's Medicare Supplement Policy Series A20

Effective October 1, 2013, Medico will be implementing a rate increase on the Modernized A20 Medicare Supplement policies. This increase will be implemented with renewals and new issues effective October 1, 2013 and after, and will be applied to all new Modernized policies issued with an Application Date of October 1, 2013 or later.

This rate increase is for the current product you can write in your state.

ILLINIOS

Medico® Insurance Company is pleased to announce their new Medicare Supplement product in Illinois. The A70 Medicare Supplement product is replacing our A21 Medicare Supplement product. We will accept applications for the old A21 product until September 13, 2013, if the applications are signed and dated on or before September 1, 2013.

IOWA

Medico® Insurance Company is pleased to announce their new Medicare Supplement product in Iowa. The A70 Medicare Supplement product is replacing our A21 Medicare Supplement product. We will accept applications for the old A21 product until September 13, 2013, if the applications are signed and dated on or before September 1, 2013.

NEBRASKA

Medico® Insurance Company is pleased to announce their new Medicare Supplement product in Nebraska. The A70 Medicare Supplement product is replacing our A21 Medicare Supplement product. We will accept applications for the old A21 product until September 13, 2013, if the applications are signed and dated on or before September 1, 2013.

Besides having competitive rates, Medico introduced their new Household Discount. When the applicant lives in the same household with another person over 18 years of age, regardless of whether both sign up for coverage, a 7% discount is applied to the premium rates. That means only one person has to purchase to get the discount.

Minnesota Life Insurance Company announced a new benefit for its indexed universal life products that keeps it at the forefront of the market.

Minnesota Life, a subsidiary of Securian Financial Group, introduced its latest improved offering for new and existing policies. The Index Crediting Bonus, when applied, provides a one percent annual bonus based on index credits received over a 120- month rolling period. Minnesota Life may apply the credit to the accumulation value, which compounds each year and could help raise index credits and distribution amounts.

Because the Minnesota Life Index Crediting Bonus is available with previously-purchased policies, existing policyholders will be among the first to receive it.

"Our policyholders' loyalty helped us become the financially strong and stable company we are today," said Bob Ehren, senior vice president, Life Product Manufacturing, Securian Financial Group. Citing the company's tradition of mutual governance and private ownership, he added, "To us, they're more than policyholders. They're our partners."

Existing Eclipse Protector policies with the Death Benefit Guarantee Agreement were also enhanced with the Performance Death Benefit Guarantee Agreement at no additional charge. Additional enhancements that benefit certain existing policyholders include more index options, dollar cost averaging, the opportunity to switch between fixed and variable loans and systematic distributions.

"We strive to give existing policyholders the enhancements from our newer products that we offer new clients when possible," said Ehren. "Our policyholder treatment results in strong client loyalty."

Since 1880, Securian Financial Group and its affiliates have provided financial security for individuals and businesses with insurance, investments and retirement plans. Now one of the nation's largest financial services providers, it is the holding company parent of a group of companies that include Minnesota Life Insurance Company and Securian Life Insurance Company, a New York admitted insurer.

Insurance products are issued by Minnesota Life Insurance Company in all states except New York, where products are issued by Securian Life Insurance Company, a New York admitted insurer.

Global Atlantic Financial Group (Global Atlantic), a multiline insurance and reinsurance company, today announced that it has entered into a definitive agreement to acquire Houston-based Forethought Financial Group, Inc. (Forethought), a financial services company with life insurance and annuity operations throughout the US. Forethought will continue to operate its life insurance and annuity businesses under the Forethought name. As a result, clients will experience a seamless transition and continuity of service. The deal is expected to close early in 2014, subject to regulatory approval. Terms of the deal of the two privately held companies were not disclosed.

"We believe the transaction will advance the growth strategies of both organizations,” said Allan Levine, Chairman and CEO of Global Atlantic. “The combination of Global Atlantic’s Life and Annuity franchise with Forethought’s leading annuity distribution and pre-need business will further diversify our product mix and position us to provide a full range of innovative life and annuity solutions to our clients. With additional capital resources, Forethought can build on its recent success in the annuity market while also growing its position as a leader in pre-need insurance.”

“This is the next logical step for Forethought as it continues to build its annuity and pre-need franchise. Global Atlantic brings complementary strengths and deep resources to our existing business which will create an even stronger platform for growth,” said John Graf, CEO and Chairman of Forethought. “This combination will create a seamless transition for our policyholders and distributors, and substantial opportunities for our employees.”

Upon close, Forethought will become a wholly owned subsidiary of Global Atlantic, which will acquire all products and designs, distribution, marketing, intellectual capital and employed talent, as well as all in-force business.

Allan Levine will continue to oversee the combined company as Chairman and CEO. John Graf will join the board of Global Atlantic Financial Group and become non-executive Vice Chairman of the L&A Business and will work with Allan and the management team on an overall strategy for the combined organization. Other key leaders of both Global Atlantic and Forethought’s management will remain in place.