• MYGA Rate Change Update
• Key Tips for the New Vantage E-App
• 2025 Success Summit
• Best Interest Adoptions
• Holiday Office Hours
• Updated Product Forms

Your most valuable resources are a click away!

Access our Marketer and Agent Resources Document below to quickly view rate sheets, E-App user guides, Agent Portal tips, and more.

Rate Change for Multiple MYGA Durations Effective June 21st, 2024

Effective Friday, June 21st, 2024, Sentinel Security Life Insurance Company (“Sentinel”) will decrease the 5-, 7-, and 10-year Personal Choice Annuity rates by 20 basis points in all states. This adjustment aligns with the current rate environment.

With a 3-year duration rate of 5.90% in most states, one of the leading rates in the market, and a 5-year duration rate of 5.55% available in most states, Sentinel’s MYGA rates continue to be a competitive option.¹ 

Please see the following important dates regarding these rate changes.  

• Applications must be signed before or on June 20th, 2024, to receive the current crediting rates.  
• Any application signed on or after June 21st, 2024, will receive the new crediting rates.   
• Applications signed before or on June 20th, 2024, must be received in the Home Office by June 21st, 2024, to receive the current crediting rates. We will accept faxed or emailed applications on June 21st, 2024.   
• The 45-day rate lock ends on August 5th, 2024. All transfers and exchanges for an application signed on June 20th, 2024, or earlier, must be fully completed with the initial premium received in the Home Office by August 5th, 2024, to receive the current crediting rates.   
• Please note that updated materials reflecting these new rates in most states will be available on the Agent Portal beginning June 21st, 2024. 

Rate decreases vary by duration and state. Please reference the Annuity Rate Sheet effective June 21, 2024, before speaking with clients about these rates. 

Key Tips to Revolutionize Your Business with the New Vantage E-App!

The New Vantage E-App is designed to streamline your operations, revolutionize your workflow, and enhance the client onboarding experience. Utilize the E-App found on the Agent Portal today! Take advantage of the E-App’s cutting-edge features to stay ahead in the industry!

Key Tips for Mastering the New Vantage E-App!

Instant Signatures Encourage clients to sign on the spot using E-Signature or Telephone Signature for in-person meetings.

Remote Flexibility Offer clients remote signing through email E-Signature or by calling our toll-free number, 877-888-0352.

Rapid Decisions Leverage point-of-sale technology for quick underwriting decisions, often in minutes.

Portal Access Regularly check the Agent Portal for underwriting status. Contact Underwriting if status shows “pending – underwriting review.”

Valid Emails Ensure the client’s email address is valid when using E-Signature to avoid delays.

Flexible Signing Sign the E-App using E-Signature as an agent. Let applicants choose between E-Signature or Telephone Signature.

The 2025 Success Summit

The Success Summit presents an excellent opportunity for networking, exploration, and celebrating achievements. We hope you’ll be one of the top 5 IMOs or top 40 annuity agents to join us for this once-in-a-lifetime experience!² Offering history, architecture, shopping, music, cuisine, landscapes, and more, Morocco has something for everyone! Check out the production requirements³ and what’s in store using the video link below!

Best Interest Adoptions

As of July 1, 2024, Indiana and Utah will adopt the latest Annuity Suitability and Best Interest Standards. In anticipation of this change, Sentinel Security Life Insurance Company (“Sentinel”) is preparing to implement new suitability procedures for agents doing business in Indiana and Utah. Please see the full set of requirements and details in the Annuity Suitability and Best Interest Standards Update, found HERE.

Sentinel requires all agents to be informed of state specific licensing and suitability requirements in the state business is conducted.

See Our Market-Leading¹ Rates Taking Effect Monday HERE!

Please note:

• Effective Friday, November 17th, this new rate will be applied to all new and pending applications.
• The new rates will not be applied to in-force policies. In-force policies will continue to receive their current rates.
• Please reference the annuity rate sheet below before speaking with clients about these rate adjustments.
• Updated materials reflecting these changes will be available on the Agent Portal on Friday, November 17th.

With a higher, market-leading 3-year rate, Sentinel’s Personal Choice Annuity can help you maximize rates for your clients and help them prepare for retirement.

Thank you for your continued support in choosing Sentinel!