Upcoming Holiday Hours for Securian’s SecureCare Team

SecureCare tele-interview and underwriting holiday hours As challenging as this 2020 year has been, we still want to take a moment to count our blessings this Thanksgiving season and say “Thank You!” for your business and loyalty. Please take note of the following holiday office closures: Thanksgiving Eve (Nov. 25): Closed at 5 p.m. CST Thanksgiving Day (Nov. 26): Closed Black Friday (Nov. 27): Closed Christmas Eve (Dec. 24): Closed at 3 p.m. CST Christmas Day (Dec. 25): Closed Boxing Day (Dec. 26): Closed New Year’s Eve (Dec. 31): Closed at 5 p.m. CST New Year’s Day (Jan. 1): Closed
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Categories: Industry News, Life Insurance, and Securian.

Securian LTC Awareness Month

Long-term care (LTC) consumer social media e-toolkit Long-Term Care Insurance Awareness Month is already under way — use this toolkit to help educate and engage prospects. Leverage the kit’s pre-built posts to help prospects get the facts about long-term care and motivate them to start making a plan of their own — with your guidance. Each post includes lead-in text and an animated image to help drive engagement. Facebook & LinkedIn campaigns How it works: Open the animated image and save the mp4 file to your computer by clicking the three dots in the right-hand corner and selecting download. Copy
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Categories: Industry News, Life Insurance, and Securian.

AG 49-A illustration changes effective November 21, 2020

Illustration Regulation AG 49-A The National Association of Insurance Commissioners (NAIC) has made enhancements to Actuarial Guideline 49 (now referred to as AG 49-A). All carriers are required to comply with these new indexed universal life (IUL) illustration regulations by December 14, 2020. The following are Securian Financial’s transition details and deadlines: Products impacted: Eclipse Accumulator IUL Eclipse Protector II IUL Eclipse Survivor II IUL Eclipse IUL-NY Important dates: Friday, November 20, 2020 — Illustrations based on the old AG 49 guidelines will no longer be available after this date. Saturday, November 21, 2020 noon – Central Time — Updated,
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Categories: Industry News, Life Insurance, and Securian.

SecureCare’s new pricing available in illustration software

Preview SecureCare’s new pricing in IN, HI and NJ 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 Indiana, Hawaii and New Jersey on October 10, 2020. These product updates are now available to illustrate in Indiana, Hawaii and New Jersey. To run an illustration with the new pricing or the extension of payment durations to age 80 in Indiana, Hawaii and New Jersey, you must select “yes” for “Rate update preview” when running the illustration.
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Categories: Industry News, Life Insurance, and Securian.

COVID-19 participation guidelines update

Changes to COVID-19 participation guidelines to be implemented September 16, 2020 Securian Financial continues to focus on delivering high levels of service, helping customers with their insurance needs and maintaining the company’s financial strength. Your support in delivering on this focus has provided valuable insights to best navigate the unpredictable nature of a pandemic while addressing the additional risks it presents.   We are pleased to announce the following changes to the temporary COVID-19 participation guidelines effective September 16, 2020: Maximum issue age will increase to age 75 for all life products including SecureCare Universal Life (excluding Advantage Elite Select
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Categories: COVID-19, Industry News, Life Insurance, and Securian.

Product updates to SecureCare in AZ, CT, DE and ND

Product updates to SecureCare Universal Life Securian Financial is committed to building secure tomorrows by doing the right thing today. To deliver on this promise and in response to the historically low interest rate environment, Securian Financial will implement the following updates to SecureCare in Arizona, Connecticut, Delaware and North Dakota on September 5, 20201. Please note: these changes impact new business only, there are no changes to in-force policies. There is no change to the product structure, contract language, forms, compensation or types of benefits provided.   Pricing update Given the extremely low interest rate environment and historic volatility
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Categories: Industry News, Life Insurance, and Securian.

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.

Life insurance grace period extension update

Life insurance grace period extension update Amidst current events surrounding the Covid-19 pandemic, Securian Financial’s Individual Life Insurance Division established a grace period extension for individual life insurance policies. Policies that were set to lapse had their grace period extended as a courtesy to our policyholders and to comply with any state mandated leniency requirements. Beginning mid-June 2020, notices will be sent to policyholders: Payment Notices: For those policies with no state guidelines, or state guidelines with specific end dates, payment notices will be sent that acknowledge the grace period has come to an end, the payment amount due, and
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Categories: COVID-19, Industry News, Life Insurance, and Securian.

Administrative alert! Product updates to SecureCare Universal Life

Administrative alert! Product updates to SecureCare Universal Life Securian Financial is committed to building secure tomorrows by doing the right thing today. To deliver on this promise and in response to the historically low interest rate environment, Securian Financial will implement the following product updates to SecureCare in all Compact states1 and South Dakota on July 18, 2020. These updates will be implemented in other states as they are approved. Please note: these changes impact new business only, there are no changes to in-force policies. There is no change to the product structure, contract language, forms, compensation or types of
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Categories: Industry News, Life Insurance, and Securian.

ePolicy Delivery now available for SecureCare

When in-person isn’t the best option Our ePolicy Delivery capability is now available for SecureCare Universal Life1! ePolicy Delivery provides a paperless delivery experience so your clients can still get the coverage they need – even if you can’t meet with them in-person. New challenges call for new solutions. Check out our “How to write SecureCare remotely” e-toolkit to find the tools you need when meeting clients face-to-face isn’t the best option: 12 tips for web meetings with clients: hold an effective virtual meeting with clients – no matter where they are. Why SecureCare consumer brochure: personalize it with your
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Categories: Industry News, Life Insurance, and Securian.