Best Life Insurance Blog

Thank you for  visiting Huntley Wealth Insurance, where we specialize in high risk life insurance and offer term and whole life insurance from a variety of high rated life insurance companies. Below we’ve provided all September and October updates for new product offerings and

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Thank you for  visiting Huntley Wealth Insurance, where we specialize in high risk life insurance and offer term and whole life insurance from a variety of high rated life insurance companies.

Below we’ve provided all September and October updates for new product offerings and state approvals as supplied by Compulife.

Pruco Life, Principal, Transamerica Insurance Updates
1.  Pruco Life – state approval

October 7th – Pruco’s new no UL Protector rates are now

approved in CA.

Call 877-443-9467 for a UL Protector quote.

 

2.  Principal Life – state approvals

October Monthly Update – Principal’s UL Protector IV is now

approved in all states.  The Protector III has bee removed.

 

3.  Transamerica Life (TIIG) – level term products removed

September 26th – On August 1st Transamerica Life

discontinued sale of their Trendsetter level term products.

Agents/brokers were given until the end of September to complete

sales.  As the products will not be available after the 26th,

we are removing those now.

From now, on we will only be able to offer Transamerica’s

TermUL product.

The YRT and Final Expense products are still available.

Western Reserve, Lincoln National, American General Insurance Updates
4.  Western Reserve Life – products/company removed

September 26th – On August 1st Western Reserve Life discontinued

sale of their level term products.  Agents/brokers were given

until the end of September to complete sales.  As the products

are no longer avaialalbe, we are removing those now.

 

5.  Lincoln National Life – new rates

September 22nd – Lincoln National has just provided us

with the new rates for its no lapse UL product.  The new rates

are approved in all states except CA, GU, MD, NJ, NY, PA, PR

and VT.  The 2009 rates are available in those states until

the new rates are approved.

 

6.  American General Life – limited pay rates

September 22nd – American General has provided us with

rates for its 10 Pay no lapse UL.

Genworth, Aviva, Savings Bank Life Changes and Rates
7.  Genworth Life – new rates

September 19th – Genworth Life has introduced new rates for

its Colony Term UL.  The new rates are approved in all states.

 

8.  American General Life – 15 year ROP product gone

September 19th – American General will not longer be offering

a 15 year, ROP plan.

 

9.  Aviva Life – state approvals

September 19th – Aviva’s Advantage Builder IV is now approved

in AK and MN.

Guarantee UL Solution III is now approved in MD, MN, NV and WY.

 

10.  Savings Bank Life – state approvals

September 19th – SBLI’s term plans are now approved in

ID, ND and SD.

 

11.  MetLife – new rates

September 13th – MetLife will be increasing their no lapse

UL premiums on October 1st.  The new rates are in this update.

The old rates are also in this update and marked (til 09/30).

They will be removed in the last week of September.

North American, AAA, Foresters, and Sagicor Life Insurance

12.  Foresters Life – new rates

September 12th – Foresters Life has introduced new rates

for its term products.

 

13.  American General Life – limited pay rates

September 12th – American General has provided Compulife with

rates for its 20 Pay and Single Pay no lapse UL.

 

14.  Pruco Life – state approval

September 12th – Pruco’s WorkLife 65 is now approved in CA.

 

15.  American Amicable – maximum face change

September 12th – American Amicable now has a maximum face

amount of 0,000 for its simplified issue term.

 

16.  Sagicor Life Insurance – corrections

September 8th – This week Sagicor asked us why we were

not quoting their Platinum Term 10, and we explained we

had not received the rates.  After the company provided us

the rates we noted they were for 3 decimal points, and that

their 20 and 30 year rates were only 2 decimals.  The

company then provided us with the correct 3 decimal points

for the 20 and 30 year.  During the course of entering

those, we found that the m band for Sagicor was lower

than what we had before.

All of that to say, we have added the 10 year plan, and

our premiums for Sagicor are now spot on.

 

17.  Hartford Life Insurance – new rates

September 8th – Hartford has introduced new rates for

its no lapse UL product in the state of NY.

 

18.  AAA Life Insurance – new rates

September 2nd – AAA Life has introduced new rates for its

10, 15, 20, 25 and 30 year plans, and for its 15, 20, 25

and 30 year ROP plans.

 

19.  Pruco Life Insurance – single premium rates

September 2nd – Pruco has provided Compulife with amended

rates for its Single Premium no lapse UL, for all states

except NY and CA.

 

20.  North American Company for L&H – state approvals

September 2nd – North Americans’s new Custom Guarantee

Gen 6 products are now approved in CA and MN.

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