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:

• TWO APPLICATIONS

• TWO OF ALL THE NECESSARY REQUIRED FORMS
  

For more information about this change or any of our annuity products, please contact us at 877-512-9287 or [email protected].

Appeals Court Finds No Breach Of Duty In Index Annuity Case
Article originally appeared on InsuranceNewsNet by Cyril Tuohy.

A U.S. appeals court in California has ruled in favor of EquiTrust, which was alleged to have violated federal and state laws in the sale of an index annuity, after the court found the carrier and the annuity had delivered on the contract’s promise.

In the case, Harrington v. EquiTrust Life Insurance Co., the plaintiffs Mary Helen Eller and Paul Harrington sued Equitrust on the grounds that marketing material used in the sale of the EquiTrust MarketPower Bonus Index Annuity amounted to mail and wire fraud.

Harrington argued that premium bonus promises, the annuity’s market value adjustment and the circumvention of state non-forfeiture contained in marketing documents and the annuity contract was a violation of the federal Racketeer Influenced and Corrupt Organizations Act (RICO) and Arizona state laws.

Read more...

Fidelity & Guaranty Life Insurance Company is adding a Market Value Adjustment Rider (MVA) to our fixed indexed annuities. 

Products Offered: 
Effective with the April 1, 2015 buy date, the new MVA Rider will be added to the following products*:

• Safe Income Plus®
• Performance Pro®
• FG Index-Choice® 10
• AccumulatorPlus® Series

Transition Rules:
Applications received on or after March 20, 2015 will be issued with the MVA Rider.

For more information about this change or any of our annuity products, please contact us at 877-512-9287 or [email protected].

*MVA rider not applicable in AL, AK, IL, MS, MN, OR, PA and WA.
Annuity contracts issued by Fidelity & Guaranty Life Insurance Company, Des Moines, Iowa.

Effective January 6, 2015, commissions will be change on the following Allianz fixed index annuities:

• Allianz 222® Annuity
• Allianz 360SM Annuity
• Allianz 365i® Annuity1
• Allianz Endurance® Plus Annuity
• MasterDex X® Annuity1
  
  

See the updated top general agent standard commission grid (M1035 (80 only) (PDF)) and Allianz PreferredSM commission grid (M1035 Preferred (80) (PDF)).

These changes do not affect the Allianz Preferred bonus compensation.

Business rules

• Applications received in the home office on or before Monday, January 5, 2015 will receive the higher commission.*
• Applications received in the home office on or after Tuesday, January 6, 2015 will receive the lower commission. No grace period applies.                          
  

*Grace period will apply for MasterDex X and Allianz 365i, as changes to these products impact contract owners.