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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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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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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SecureCare multi-pay now available in Connecticut and North Dakota!
SecureCare multi-pay now available in Connecticut and North Dakota! On June 26, 2019 SecureCare Universal Life Insurance (SecureCare) multi-pay launched in Connecticut and North Dakota. Long-Term Care (LTC) needs may be unpredictable, but SecureCare is a product clients can count on for: Cash indemnity LTC benefits Reduced paid-up benefit1 Customizable coverage Most robust international benefits in the industry2 Potential to deduct LTC premiums SecureCare marketing materials will be available to order from our fulfillment center June 26. Don’t forget to check out our SecureCare product page for sales ideas and more! Transition rules: SecureCare Universal Life with multi-payment enhancements
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