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Home Archive by category "Industry News & Carrier Updates"

Integrity: New Processing & Paperwork Updates

By Alice Jacobberger | Industry News & Carrier Updates | 0 comment | 20 August, 2015 | 0

Reps must now complete the Certification Form for Sales to Applicants Outside of Their Resident State (EF-054) if an applicant is buying a life or annuity contract outside the applicant’s primary residence state. See the instructions for how/when to complete it. (CLICK TITLE TO READ MORE)

Changes to IUL Illustration Regulations

By Alice Jacobberger | Industry News & Carrier Updates | 0 comment | 3 August, 2015 | 0

In an effort to standardize how Indexed Universal Life (IUL) policies are illustrated and compared, the National Association of Insurance Commissioners (NAIC), the U.S. standard-setting and regulatory support organization, has recently adopted Actuarial Guideline 49 (AG49). The first phase of requirements will be effective September 1, 2015. (CLICK TITLE TO READ MORE)

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