By Cyril Tuohy,  InsuranceNewsNet

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The Society for Annuity Facts & Education (SAFE), a nonprofit with the aim of educating consumers about annuities, has joined with an industry coalition to declare June as Annuity Awareness Month.  
Hardly a day goes by without dire warnings about underfunded retirements and people outliving meager savings, according to members of the coalition made up of life and annuity carriers, annuity marketers, distributors and data aggregators. The talk these days is how to generate lifetime income for many of us who will live to be 100.

​Annuity awareness is “timely and very much needed,” Sheryl J. Moore, president of SAFE and an expert on the annuities market, told InsuranceNewsNet.

LIMITED TIME ONLY!

Call Us Today… 1-877-512-9287.

For a limited time, Fidelity & Guaranty Life is increasing the initial interest rate for the FG Guarantee-Platinum® 5, a single premium fixed deferred annuity, to 3.15%* for new annuity contracts issued on or after June 6, 2016.

This initial rate is guaranteed for the first 5 contract years only and is thereafter subject to change. Also, this initial rate is subject to change at their sole discretion at any time.

Along with this competitive initial interest rate, FG Guarantee-Platinum® 5 offers:

• Free withdrawals of all accumulated interest
• 30-day surrender charge free window after each 5-year rate guarantee period

​
Questions or interested in contracting?

​Contact us at 877-512-9287 or [email protected].

Now you can use SimpleSubmit e-app for virtually ALL of your North American business!*

Builder IUL®, Guarantee Builder IUL® and Rapid Builder IUL® are now available on SimpleSubmit along with ADDvantage® Term and Custom Guarantee® UL!

Don’t miss out on these big advantages of SimpleSubmit:

• Saves time – 20 minutes less to complete vs. paper**
• Minimizes pending requirements – all cases are submitted in good order
• Cases issued quicker and commissions paid sooner – shaves weeks of the process*
  

Questions? Contact us at 877-512-9287 or [email protected].


For financial professional use only.

*Some restrictions apply.
**Based on internal reports, 10/15.

Effective Monday, March 7, 2016, Genworth companies will no longer accept new applications for its traditional life insurance and fixed annuity products.
 
You can see the Genworth bulletin and Q4 2015 FAQs for more information.
 
Here are other important details to note:

• Last day new business will be accepted is March 7, 2016.
• Last day to pay for new business is May 4, 2016. Anything not issued by this date will be closed.
• 1035 funds will be accepted past May 4, 2016, if a policy is placed by that date.
• There is no effect to compensation.

Questions? Contact us at 877-512-9287 or [email protected].

For financial professional use only.

It’s been way too long, but the carrier of one of our most popular annuities will finally accept new producer contracts starting February 1, 2016!

So, finally, you can offer this outstanding annuity that provides immediate income without giving up accumulation value and has up to a 15% bonus!

Rate Adjustments and Product Changes Effective December 31, 2015!
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Due to the required use of new mortality factors that will cause higher reserve requirements for guaranteed income riders issued in 2016, American Equity has changed the rates of its Lifetime Income Benefit Rider (LIBR).

Additionally, the Enhanced Death Benefit Rider (ICC14 R-LIBR-EDB) has been discontinued. ​

For a limited time, Fidelity & Guaranty Life is increasing the initial interest rate for the FG Guarantee-Platinum® 5, a single premium fixed deferred annuity for new contracts issued on or after November 30, 2015. This rate is subject to change at Fidelity & Guaranty Life's sole discretion at any time. This initial rate is guaranteed for the first 5 contract years only and is thereafter subject to change. Minimum premium of $20,000 required. 







FG Guarantee-Platinum® 5 offers:

• Free withdrawals of all accumulated interest

• 30-day surrender charge free window after each 5-year rate

Questions or interested in contracting?
Contact us at 877-512-9287 or [email protected].

FOR IMMEDIATE RELEASE
Click to read the original press release.

Postema Marketing Group Shares How Their Growing Success Is Influencing the IMO Industry

Defiance (OH): Postema Marketing Group, LLC (PMG), a full service independent marketing organization (IMO), has been featured on the cover of the newest issue of The Register, an official International Association of Registered Financial Consultants (IARFC) publication. This magazine reaches over 8,000 financial professionals in the industry. 

(Click to Read Full Article in The Register.)

“We think the world of the IARFC, so to be featured in The Register is a real honor for us. I’m very proud of what we’ve achieved over the past couple of years, and all the credit goes to our team, our agents, and their clients across the country,” responded PMG’s Senior Vice President and COO, Paul Mallett. 

Joining Mallett on the cover is international bestselling author and PMG President and CEO, Dennis M. Postema.

Postema founded PMG in 2009, and his team of professionals has grown the company into a successful business model the industry cannot ignore.

Health insurer Aetna Inc (AET.N) on Friday said it would buy smaller rival Humana Inc (HUM.N) for about $37 billion in cash and stock, in the largest ever deal in the insurance industry.

The combination will push Aetna close to Anthem Inc's (ANTM.N) No.2 insurer spot by membership, and would nearly triple Aetna's Medicare Advantage business.

The deal will face antitrust scrutiny but if it goes through it would dwarf the previous largest insurance deal announced just this week, where Swiss property and casualty giant ACE Ltd (ACE.N) announced it was buying Chubb Corp (CB.N) for $28 billion. It would also dwarf Anthem Inc's purchase of WellPoint in 2004 for $16.6 billion.

Analysts have said that M&A activity in the healthcare sector had been waiting for last week's Supreme Court ruling on Obamacare, which upheld key subsidies that underpin the reform and thus gave more certainty to healthcare insurers.

Read more...

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 

• Required new business paperwork must be received and in good order by Friday, July 17, 2015 and funded within 60 days.

Questions? Contact us at 877-512-9287 or [email protected].