New pricing for SecureCare available in illustration software

SecureCare’s new pricing available on illustration software In response to the historically low interest rate environment, Securian Financial is implementing a pricing update to SecureCare Universal Life and increasing its maximum payment age from age 75 to age 80 in all Compact1 states and South Dakota on July 18, 2020. These product updates are now available to illustrate in these states. Please note: these changes impact new business submitted after July 17, 2020 at 3 p.m. CT only, there are no changes to in-force policies. To run an illustration with the new changes, a Compact1 state or South Dakota must
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Categories: Industry News, Life Insurance, and Securian.

Underwriting and New Business participation guidelines extended

Participation guidelines in response to COVID-19 extended to September 15, 2020 In April 2020, Securian Financial implemented changes to our underwriting and new business participation guidelines in response to COVID-19. These changes, shown below, will continue in effect until at least September 15, 2020. Please also note that effective today, June 3, 2020, all WriteFit1 applications must be submitted electronically. We have successfully transitioned to an eApp environment over the past 60 days. New applications submitted via paper will be fully underwritten and will not be transferred to eApp for WriteFit consideration. Please connect with your New Business team if
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Categories: Industry News, Life Insurance, and Securian.

Eclipse Protector II IUL: Get 3 benefits in 1

Eclipse Protector II IUL: Get 3 benefits in 1 When you think about long-term guarantees and competitive premiums, Guaranteed Universal Life (GUL) may come to mind. But if your clients are looking for affordable, lifetime protection and greater potential for cash accumulation – you may want to consider Indexed Universal Life (IUL) insurance. Find out how Eclipse Protector II IUL compares by offering the best of both worlds.   View Flyer     Contact Us Questions? Please call Securian’s Life Sales Support Team at 1-888-413-7860, option 1.   Eclipse Protector II IUL: Get 3 benefits in 1   #goldencareagent #minnesotalife
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Categories: Industry News, Life Insurance, and Securian.

Life insurance inforce payments going to new address

Important announcement: Life insurance inforce payments going to new address Effective February 2020, all life insurance payments for inforce policies will go to our new PO Box addresses – one for Securian Life Insurance Company and another for Minnesota Life Insurance Company. If payments are sent to our old address after this date, they will be forwarded to Securian Financials’ home office until 2021. Please note, for clients with direct billing payments through a bank, they may need to update our address with their bank. Here are the new addresses for life insurance payments: Securian Life policies: Securian Life Insurance
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Categories: Industry News, Life Insurance, and Securian.

Market your expertise with the co-branded tax guide

2020 is here. And so is your co-branded tax guide Our 2020 tax guide is now available. Download our generic version below or contact our sales team to get a co-branded one with your information and start marketing yourself in 2020. This piece is one of our most popular value adds. Use it to help expand relationships, grow your business and position yourself as the go-to resource.   Download tax guide     Contact Us Questions? Please call Securian’s Life Sales Support Team at 1-888-413-7860, option 1.   #goldencareagent #minnesotalife #securian
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Categories: Industry News, Life Insurance, and Securian.

Now more of your clients can qualify. Here’s why.

At Securian Financial, we’re always looking for ways to help you make the sale and offer your clients competitive offers. Here’s what you need to know about our recent underwriting sweet spot enhancements: Individuals with type 2 diabetes, pre-diabetes or a history of gestational diabetes can now qualify for non-tobacco plus, and in some cases, even preferred rates. Family history preferred guideline changes: Death of a family member before age 60 due to diabetes no longer eliminates applicants from consideration of non-tobacco plus, preferred or preferred select rate classes Death of a parent or sibling before age 60 due to
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Categories: Industry News, Life Insurance, and Securian.

Additional suitability & training requirements for life insurance sales in New York

Important information for financial professionals currently selling, or intending to sell, life insurance to New York residents Amended New York Regulation 187: Additional suitability and training requirements for life insurance sales in New York The amended version of New York (NY) Regulation 187 (Reg. 187) will become effective on February 1, 2020, for life insurance sales. Reg. 187 adopts a best interest standard for annuity and life insurance transactions in NY. Annuity recommendations have been required to comply with the Regulation since August 1, 2019. Securian Financial’s goal is to effectively support your business with us, while also ensuring that
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Categories: Industry News, Life Insurance, and Securian.