AIG | QOL In The Know: September 2021

AIG | QOL In The Know: September 2021

AIG | QOL In The Know: September 2021
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Operations, Legal, and Compliance News

September 16, 2021

Whole Life Conversion product update

Effective September 25, American Elite Whole Life 2 will be updated due to regulatory changes. This product is only used for term conversions and contractual paid-up policy provisions.

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Monthly Guarantee Premium (MGP) provision reminder

MGP “guarantees” help prevent IUL policies from lapsing due to poor index performance during the guarantee period. We’ve provided a reminder on how the guarantee may be affected when a policy lapses.

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Regulatory Compliance requirement regarding IUL illustration date

Please note new illustration requirements for both new cases and term conversions (IUL), and action required when submitting a revised illustration on a pending case (IUL and/or GUL).

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Reminder: Accelerated death benefit claims by foreign nationals

Specifically, if coverage includes an accelerated death benefit rider and a claim is requested from inside or outside the United States, the claim must be certified by a U.S. physician practicing in the state where the physician is licensed.

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Flyer for Professional Athlete coverage updated

An underwriting flyer regarding life insurance coverage for Professional Athletes and Sports Teams/businesses has been updated to clarify criteria for team/business policies.

View the flyer

Policy review reminder email to policy owners

Beginning September 20, policy owners who have signed up to receive email communications will be emailed a simple reminder to review their policies and ensure their information is up to date.

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Important information for insureds in Tennessee

To support customers in Tennessee who may be affected by recent severe weather, temporary suspensions are in effect on lapses, terminations, cancellations, and other time-sensitive provision requirements.

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For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

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Contact a Pinnacle Financial Service representative today for assistance.

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GTL | Special September Bonus for GTL’s New Advantage Plus Elite!

GTL | Special September Bonus for GTL’s New Advantage Plus Elite!

GTL | Special September Bonus for GTL’s New Advantage Plus Elite!
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The newest and best Hospital Indemnity Insurance in the market is now available!

Advantage Plus Elite is now available on the agent Portal, Android, Apple, and Windows 10 e-App! Please ensure your e-App is updated to the latest version.

Access New Marketing Materials and Order Supplies on GTLink!

Missed the pre-launch training webinar? Access the recording below!

Access Webinar Recording

What makes this new plan truly elite?

Base Benefits Kick in After
6 Hours

Easier Benefit Triggers

Lower Base and Rider Rates

Easier Underwriting

More Base Plan Choices.

Instant Issue and Policy Fulfillment

Where is Advantage Plus Elite
currently available?

For the states available, old Advantage Plus applications need to be dated, signed, and received at GTL’s office by 9/15/21 in order to be accepted

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

Contact Us

Contact a Pinnacle Financial Service representative today for assistance.

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Global Atlantic | $68 Trillion Reasons Why you Should be Talking About This

Global Atlantic | $68 Trillion Reasons Why you Should be Talking About This

Global Atlantic | $68 Trillion Reasons Why you Should be Talking About This
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Offer your Clients a Guaranteed Legacy Strategy

$68 trillion: That’s how much money is projected to be transferred by 45 million U.S. households to their beneficiaries over the next 25 years.¹ But market swings may impede these legacy plans.

Give your clients greater certainty for their legacy strategy. Talk to them about a Choice Accumulation II fixed index annuity with an optional Enhanced Death Benefit (EDB). The EDB guarantees 7% simple growth annually for up to 15 years on your clients’ “leave behind money,” no matter which way the markets swing.²

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

¹ U.S. High-Net-Worth and Ultra-High-Net-Worth Markets 2018: Shifting Demographics of Private Wealth, Cerulli Private Wealth.

²The optional Enhanced Death Benefit is available at an annual cost of 0.50%, assessed at the end of the contract year, based off of the Enhanced Death Benefit amount. The benefit is comprised of a guaranteed roll-up of 7.00% simple interest for 15 years based off of premiums, less withdrawals. All withdrawals will reduce the benefit. A minimum issue age of 0 and maximum age of 75 applies. If death occurs prior to the 15th contract anniversary, the EDB will stop growing.

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

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GTL | Special September Bonus for GTL’s New Advantage Plus Elite!

Guarantee Trust Life | GTL’s New Advantage Plus Elite Available September 1st!

Guarantee Trust Life | GTL’s New Advantage Plus Elite Available September 1st!
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The Newest and Best Hospital Indemnity Insurance in the Market

Available September 1st

The best is now even better with GTL’s new Advantage Plus Elite! We’ve been hard at work to give you the most cutting-edge hospital indemnity plan just in time for AEP!

Ready to see what’s new and what makes this truly elite? Click the play button above to watch our video announcement and register for a training webinar below.

August 30th

9 am CST

August 30th

1 pm CST

August 31st

10 am CST

August 31st

2 pm CST

Please contact Sales Support with any questions by calling 800-323-6907 or emailing agency@gtlic.com.

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

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Contact a Pinnacle Financial Service representative today for assistance.

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American Equity | How to generate paychecks for life

American Equity | How to generate paychecks for life

American Equity | How to generate paychecks for life
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IncomeShield 10 Fixed Index Annuity

Top Selling – Guaranteed Income Fixed Index Annuity

Top pick for top retirement needs: lifetime income

For the last five consecutive quarters, more independent agents have chosen the IncomeShield 10 for their income-focused clients than any other 10-year fixed index annuity with guaranteed lifetime withdrawal benefits.

To help break down the basics of Lifetime Income Benefit Riders, we prepared a client-ready video for you to share.

IncomeShield difference-maker benefits

In addition to providing principal protection from market downturns, tax-deferral, and guaranteed income, the IncomeShield series offers five optional Lifetime Income Benefit Riders for turning assets into an income stream clients cannot outlive with competitive payouts*.

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

Contact Us

Contact a Pinnacle Financial Service representative today for assistance.

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