nschmitt@ubsnet.com

Starting November 1, 2024, William Penn and non-Horizon Banner Life will be transitioning to all paperless policies. This means that we will no longer default to mailing paper policies; instead, BGAs and Advisors can access policies online through our eDelivery platform or Partner Dashboard. Clients will still be able to access documents through the client […]

Underwriters Brokerage Service brings you LUMA, A Complete Annuity and e-Submission Platform Join us to learn more about this complete Annuity Platform in a 30-minute presentation by LUMA. Register here for October 23, 2024 at 10am est   Register here for October 29 at 1pm est   LUMA will be available on www.ubsnet.com starting October 15, 2024, providing […]

From Sept. 30-Dec. 31, 2024, clients who own certain MassMutual Term policies can submit a full-face amount conversion application for up to a 25% increase in coverage, capped at $1 million per insured, without additional underwriting. The increased coverage is available when converting to a new MassMutual Whole Life or Apex VUL policy, or an […]

Two new term life insurance products, Prudential EssentialTerm Value and Prudential EssentialTerm Plus will be available beginning 10/14 to better match the budgets and long-term planning needs of clients. Both products will first be available on policies with face amounts up to $249,999. EssentialTerm Value – Our most affordable option is here to help you meet the needs […]

New Nonforfeiture Benefit for Flex 2 Updated for PA and MN Effective September 30, 2024. More info here.

As of December 31, 2024, new sales of Protective Custom Choice UL will be discontinued.Contact our Case Design Team for transition timeline and information on alternative solutions, such as Protective® Classic Choice term and the optional Conversion Choice rider wtih ExtendCareLearn more here.

From OneAmerica:Dear valued partner,OneAmerica Financial has entered a definitive agreement with Voya Financial to acquire our Retirement Services recordkeeping business.Importantly, in Voya Financial, OneAmerica Financial is leaving its retirement business in the hands of an organization that we are confident will commit to delivering industry-leading offerings and service to our clients. Voya is excited, and we […]

See the guidelines here.

From John Hancock Long Term Care Insurance:In late September, we will begin policyholder notifications on the next round of John Hancock and Fortis (Union LTCI) policies impacted by the in-force rate actions, which will have an effective date beginning with anniversaries on or after January 1, 2025.The 2022 rate action notifications will include John Hancock […]