3 Mark Financial, Inc.

7/6/2016

Join Anjan J. Basu, CLU as he discusses Gerber Life's Products and Selling System.   

Webinar Later Today at 3:00 PM Central 

Important Enhancements to AIG Underwriting

AIG is listening to your suggestions!  We have aggressively added experienced Underwriters and Case Managers and created smaller, dedicated sub-teams to allow for improved communication and more personalized service. We are confident this will help drive your cases to close more efficiently. Read more. 

65% of UL Customers Missed a Premium

Life happens. An unexpected expensive home repair or medical event can be enough to derail a client's budget, possibly resulting in a missed life insurance premium. But what if your clients' policy provided flexibility to help them rest assured when life happens?  Learn more. 

How-to Videos for Term Electronic Ticket Submissions

Drive affordable term life sales faster with electronic ticket submissions. These quick how-to videos will walk you through the process of getting a quote and submitting an electronic ticket for Lincoln Term.  iPipeline user how-to video.  Lincoln website user how-to video.

Advanced Markets 20-Minute Webinar: Using Life Insurance to Get the Most Out of Social Security Benefits (Timing Matters)

Join Josh Winslow, AVP & Counsel, John Hancock Advanced Markets, for a special 20-minute webinar where he will discuss how incorporating life insurance into your clients’ retirement planning can help them achieve their desired retirement benefit payout regardless of when they elect to take social security.  To take part in this live webinar, please register here.

New Videos to Promote Life Insurance for Retirement

Sell more permanent life insurance with our newest consumer videos. These videos show how clients can use permanent life insurance to help fill their retirement income gap, minimize income taxes in retirement and maximize the assets they pass on to their family and charitable organizations.  Retirement video. Estate maximization video. 

Make a Good Life Offer Better

Upgrade your qualifying client's underwriting class with MetLife Enhanced Rate Plus. Get an underwriting decision within one week with no lab work or paramedical exams required. Qualifying clients get a boost in rating class, from standard to best possible, resulting in lower premiums.  Learn more. 

Welcome to the Future of Underwriting

Everyone 18-60 seeking $500k or less enters the same way. One path for all risk classes with no stops and starts. Welcome to a process you can rely on. Learn more. 

Brexit and Interest Rates

With the recent "Brexit" the outlook on interest rates in the near future is not looking good. How are you going to set up your clients with a viable option to supplement their retirement income or ensure their death benefit is there for them when they pass? Are 6-7% illustrated rates too high? Will your clients believe in those returns? Our Increased Participation strategy could be the answer. Read more. 

 Genworth launches Element, a New Long Term Care Insurance Solution.  

 Video: Annuity e-App

Watch this video to discover how e-App means less paperwork, quicker turnaround and faster commissions.

The Lincoln Leader for fixed annuities. Get the latest Lincoln fixed annuity updates, including details of a new marketing campaign. 

IALC Files Lawsuit Challenging Fiduciary Rule

On Wednesday, June 8, 2016 the Indexed Annuity Leadership Council (IALC) filed a lawsuit challenging the Department of Labor’s (DOL) fiduciary rule. Click on the following link to view the IALC press release. North American Company for Life and Health Insurance® is an IALC member. 

Annuity Fact Finder 

Click here for a great Annuity Fact Finder

ASSET TRANSFER TIPS 

For all annuity carriers

Transferring assets, or exchanging money via section 1035 of the tax code, may have tax consequences. Any questions regarding taxation should be referred to a qualified tax professional.

1. Call the Financial Institution/Insurance Company to see what they require to transfer the money e. g. some financial institutions, like Fidelity, require a call from the client to release money, others like Northwestern Mutual require their own surrender form to accompany the 1035/transfer form from the company receiving the money.
2. Attach a copy of a current policy/ account statement for the funds being transferred to the 1035/transfer document.
3. Complete the 1035/transfer form carefully and completely. Be sure all necessary signatures are obtained.
4. Send original transfer forms with the application to 3 Mark for processing.

External Term Conversion Program Ending

As a result of low program utilization and increasing challenge with vetting eligible carriers, MetLife will discontinue the External Term Conversion program effective July 1, 2016.  Read more. 

APPCelerate

Did you miss the IDA exclusive APPcelerate webinar on June 15th? No, worries. Click here to watch and/or listen to the recording, 

Underwriting Enhancements that Deliver

At North American, we’re continually striving to enhance and streamline our business processes to make doing business with us as easy as possible. This continual improvement effort has included new technology platforms, continuous product refinement and now we’re excited to introduce underwriting enhancements. You may have already noticed some of these enhancements – if you haven’t, we hope you’ll send cases to us to find out for yourself!