North American | Product Changes Effective September 24

North American | Product Changes Effective September 24

North American | Product Changes Effective September 24

September 17, 2019

Reminder! As we and other carriers weather this extraordinary, and rapidly-declining low-rate environment, we must make changes to our product portfolio. Effective Sept. 24, we’ll make the following changes to these fixed index annuities:

  • North American Charter® Plus 10 high-brand premium bonus changing from 7% to 6%. Low-band from 5% to 4%¹ (NO CHANGE on the 14-year 10% premium bonus)¹.
  • Performance Choice® 8 Plus premium bonus changing from 3% to 2%.
  • Performance Choice 12 Plus premium bonus changing from 3% to 2%. (for North Dakota from 5% to 2%).
  • Performance Choice minimum premium increasing to $20,000 (qualified and non-qualified).
  • NAC IncomeChoice®, NAC BenefitSolutions®, and Strategic Design AnnuitySM X lifetime payment percentages (LPPs) decrease.

Deadline: September 23rd

To receive current LPPs and premium bonuses, applications must be received in the Home Office by 5 p.m. (Central Time) or submitted through e-App by 11:59 p.m. (Central Time) Sept. 23.

Get Updated Material Below or Access via Our Website on September 24th

Premium Bonus Changes

North American Charter Plus 10
Brochure: Most States | Massachusetts
Disclosure: Most States | Massachusetts

Performance Choice 8 Plus
Brochure: Most States | Massachusetts
Disclosure: Most States | Massachusetts

Performance Choice 12 Plus
Brochure: Most States | Massachusetts
Disclosure: Most States | Massachusetts

Minimum Premium Change

(on both Plus and Non-Plus Versions)

Performance Choice 8
Brochure: Most States | Massachusetts

Performance Choice 12
Brochure: Most States | Massachusetts

LPP Changes

NAC IncomeChoice 10
Brochure: Most States | Massachusetts

NAC BenefitSolutions
LPA Quick Reference Guide

Strategic Design Annuity
Brochure: Most States | Massachusetts

Questions? Call Sales Support at 866-322-7066.
NorthAmericanCompany.com

FOR FINANCIAL PROFESSIONAL USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.

Insurance products issued by North American Company for Life and Health Insurance®, West Des Moines, Iowa. Product and features/options may not be available in all states or appropriate for all clients. See product materials and state availability chart for further details, specific features/options, and limitations by product and state. 1. Premium bonus may vary by annuity product, premium band and surrender charge period selected and may be subject to a premium bonus recapture. Products that have premium bonuses may offer lower credited interest rates, lower index cap rates, lower participation rates and/or greater index margins than products that don’t offer a premium bonus. Over time and under certain scenarios the amount of the premium bonus may be offset by the lower credited interest rates, lower index cap rates, lower participation rates and/or greater index margins.

Need More Information, or Have Additional Questions?

Contact a Pinnacle Financial Services Representative at sales@pfsinsurance.com or Call 1-(800)-772-6881 x7731.

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Humana | The Resources You Need for AEP are Available Now

Humana | The Resources You Need for AEP are Available Now

Humana | The Resources You Need for AEP are Available Now

September 11, 2019

Welcome to a New Way to AEP

At Humana, we strive to provide the tools and resources you need to grow your book of business. So, this AEP we’ve updated the Marketing Resource Center (MRC) to make marketing as easy and intuitive as possible.

Simply log in to Vantage and find it under Sales & Marketing

Agents who use the MRC generated 2x more sales than Agents who don’t.

Meet Your New Marketing Resource Center

Your one-stop-shop for all AEP marketing materials that are:

Z

Pre-approved and ready to use

i

Customizable to suit your business

Simple to print, download, and ship

Access the Marketing Resource Center through your Vantage portal today, and get ready for a new AEP experience.

Mark Your Calendars!

  • Today: Access all available AEP 2020 materials on the MRC.
  • October 1: Send your materials! Reach clients and prospects to prepare for AEP.
    Disseminating 2020 plan benefit information prior to October 1st, 2019 is strictly prohibited.
  • October 2: Marketing Resource Center 101 webinar goes live and on-demand. Register Now.
  • October 15: AEP begins. Use customized marketing to grow your book!
  • December 7: End of the AEP selling season.

Need More Information, or Have Additional Questions?

Contact a Pinnacle Financial Services Representative at sales@pfsinsurance.com or Call 1-(800)-772-6881 x7731.

Contact Us

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Humana: Our PDPs are Changing and You’re Hearing of It First

Humana: Our PDPs are Changing and You’re Hearing of It First

Humana: Our PDPs are Changing and You’re Hearing of It First

September 10, 2019

At Humana, we are constantly evaluating and evolving our plans to best serve our millions of members. And we know it’s important that our Agents are notified in a timely manner. So we’d like to inform you of the 2020 updates to our Prescription Drug Plans (PDP).

Here’s a summary of what’s new

  • Humana Basic Rx Plan (PDP)
    • The legacy Humana Preferred Rx Plan is rebranded and will be known by this name in 2020
  • Humana Premier Rx Plan (PDP)
    • Legacy Walmart Rx and Humana Enhanced members will be mapped to this plan
  • Humana Walmart Value Rx Plan (PDP)
    • New and available for all members 

Our PDP Selling Points Guide will provide you with an overview of all the details you need.

We'll Talk You Through It

Humana is also hosting a webinar covering the new PDP plans. Tune in on September 10th at 1pm EST to get the download.

Need More Information, or Have Additional Questions?

Contact a Pinnacle Financial Services Representative at sales@pfsinsurance.com or Call 1-(800)-772-6881 x7731.

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Global Atlantic | Float this Idea Past Your Clients

Global Atlantic | Float this Idea Past Your Clients

Global Atlantic | Float this Idea Past Your Clients

September 5, 2019

Do your clients need to add some lift to their income strategy?

Social Security? Pension income? Savings? Will these sources be enough to replace your client’s pre-retirement “paycheck” for what could be a 30+ year retirement?

If you have any questions, please contact your IMO, visit globalatlantic.com or call the sales team at (855) 44-SALES (447-2537), option 1

Get your clients thinking about their protected income needs by sharing this short and simple new video.

We’re looking forward to helping you prepare your clients for retirement.

Need More Information, or Have Additional Questions?

Contact a Pinnacle Financial Services Representative at sales@pfsinsurance.com or Call 1-(800)-772-6881 x7731.

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Transamerica | A Flexible Way to Lower Premiums, Create Savings

Transamerica | A Flexible Way to Lower Premiums, Create Savings

Transamerica | A Flexible Way to Lower Premiums, Create Savings

September 5, 2019

Help Clients Protect their Legacies

The Income Protection Option (IPO) available with Trendsetter® Super and Trendsetter® LB life insurance policies can help your clients protect the legacies they’ve worked so hard to build.

Because the IPO is paid out over time, this option enables your clients to select a lower face amount today for the same amount of benefit later, and they can structure the death benefit how they want. Beyond the added value, it offers extra confidence. It’s the comfort of knowing loved ones — especially the ones who struggle with finances — will be cared for in the manner your clients intend long after they’ve passed on.

What's IPO?

Clients can structure their death benefit how they want by controlling the disbursement amounts, who receives them, and for how long.

Choose from an initial lump, a guaranteed monthly income stream for up to 25 years, a final lump sum, or a combination of the three.

Help your clients pursue the peace of mind that comes with knowing family is still taken care of.

Call your sales desk today to explore how the IPO can help set your business apart and provide clients with more value.

*Based on a Trendsetter Super® policy for a 45-year-old female with a standard nontobacco risk class, written as of 7/11/19. The results may vary by jurisdiction.

Need More Information, or Have Additional Questions?

Contact a Pinnacle Financial Services Representative at sales@pfsinsurance.com or Call 1-(800)-772-6881 x7731.

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AIG: GIWL E-App Delivers Quicker Inforce Placements

AIG: GIWL E-App Delivers Quicker Inforce Placements

AIG: GIWL E-App Delivers Quicker Inforce Placements

September 4, 2019

AIG e-App

GIWL ePlatform acts as your virtual assistant by verifying bank, and client data in real time. This instant validation allows us to issue your client’s policy in less than 24 hours.¹ Fast protection for your client, speedier commission for you.

Reap the benefits of faster inforce placements by submitting your business via our GIWL eApp.

¹In good order submits.

Need More Information, or Have Additional Questions?

Contact a Pinnacle Financial Services Representative at sales@pfsinsurance.com or Call 1-(800)-772-6881 x7731.

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