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What’s a Drop Ticket?

It is the easiest way to sell and process a Life App. You do not need any signatures and the online “Drop Ticket” form takes about 3 minutes to fill out.

The insurance company then calls your client, gets all forms filled out and signed, and even orders the medicals.

All you do is make money with almost no work! Give it a try today –everyone is loving the “Drop Ticket” model of selling Life Insurance. It’s Fast and Easy

Major Fidelity Life Changes

Effective June 2st 2012 Fidelity Life is no longer selling Rapid Decision Term (RD Term). All applications must be received on or before June 1st 2012 to be processed.

Please call Best Agency at 1-800-999-2378 to discuss your other options.

 

 

Genworth Changes

Genworth is increasing ALL Term rates 2-3%. Genworth is also suspending the sale of 30 Year Term (Colony Term UL 30). 15 Year Term has already been discontinued for sale last month.

Do not forget that Genworth WILL NOT PAY COMMISSION on cases $100K or less if they are take on a regular application. They need to be submitted on a LQR Form (Life Quick Request – which is a Tele-App).

Important dates:

May 18th 2012 by 3pm est is the Last day Best Agency can receive applications to receive OLD lower rates.

June 1, 2012 Last Day accepting application for 30 Year Term.

Please call Best Agency at 1-800-999-2378 to discuss where you should be placing your 15 Year and 30 Year Term business.

Genworth's Drop a Ticket- Fast and Easy

Please remember when doing Genworth for $100,000 and under YOU MUST USE Genworth's Drop Ticket System. If you do not use the Drop Ticket YOU WILL NOT BE PAID COMMISSION.

These are Genworth Rules, not Best Agency.

This is effective April 16th, 2012.

If you have any questions, please contact a marketing representative today.

 

 

 

TRANSAMERICA CHANGES

Transamerica is committed to helping consumers protect their families by offering products that provide guarantees and flexibility in the face of economic uncertainty. However, the rapidly changing regulatory environment has necessitated some revisions to our second-to-die universal life product.

Effective June 1, 2012 TransACE Survivor® will be revised
as follows:

Premiums will increase across all age groups and
risk classes

    The maximum face amount will be capped at our company retention limit and will also take into account inforce Transamerica coverage on the proposed insureds

Targets will increase and the renewal compensation schedule will be shortened

Despite the revisions made, TransACE Survivor will continue to offer a no-lapse guarantee endorsement to provide lifetime guaranteed coverage; an Enhanced Surrender Value Endorsement (ESVE) with the opportunity to receive up to 100% of premiums paid;1 and a Surrender Penalty Deferral Endorsement (SPDE) for a one-time face amount reduction after the 5th policy anniversary.2

Please note the following important dates and deadlines


In order to receive the current TransACE Survivor product without the June revisions, the following conditions must be met:

April 30, 2012 – All final, formal applications must be signed, dated, in good order with all fields completed and received in our Cedar Rapids home office by close of business on this date.

May 31, 2012 –TransACE Survivor policies must be physically issued by this date, with a policy date no later than May 28, 2012.

All applications submitted after April 30th or with a policy date after May 28th will be issued the June 2012 TransACE Survivor product.

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