Principal improvements for submitting life business

New Temporary Insurance Guidelines Principal updated their guidelines for accepting initial premium payments with life Insurance applications. These updates will create more clear and consistent requirements for applicants who desire c ...

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New York Life Product Announcement

In early December New York Life announced a refresh of it’s whole life product portfolio. The changes in December included higher long term internal rates of return on the traditional Whole Life product and a significant reductio ...

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AIG Lowers Select-a-Term Rates in all States, including NY

As of this announcement, AIG is in the top 3 across a massive 85% of cells for face amounts over $500K, and they are even more competitive in New York. Of course, there is more to product than price, even in the term segment. Select- ...

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Companion to discontinue sales of life products in NY

See below official announcement from Companion: After a careful review of our individual life and annuity product portfolio, as well as current market, economic and regulatory factors, we have made the difficult decision to discontinue ...

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