3 Mark Financial, Inc.

8/03/2016

Join Blake Barnard, Voya Sr. Life Wholesaler as he discusses Retirement Extra Using Life Insurance

 Webinar Later Today at 3:00 PM Central

TLE Living Benefit Riders are Coming Soon

Effective August 1, 2016 Term Life Express (non-ROP policies) will include three new, no-cost accelerated death benefit riders.  Learn more.  

IUL: Which Crediting Strategy Should You Recommend?

Income Advantage IUL offers multiple crediting strategies and your clients may wonder which one to choose. Here are some guidelines that can help your clients.  Read more. 

Exploring Private Finance & Sale to a Grantor Trust

Applicable Federal Rates (AFR) for August 2016 have been released and these rates have dropped dramatically. In fact, the new long-term AFR is at an all-time low of 1.90%. This is an ideal time for clients to take advantage of these rates by using Private Financing to fund large premiums inside an ILIT. Click here to view our Private Finance Client Guide and learn more about this technique. Don’t have cash to lend?  If liquidity is an issue but your client has income producing assets, a sale to a Grantor Trust will still allow your client to benefit from these low AFRs. Click here to learn more about a sale to a Grantor Trust.

Introducing BOLD 2.0

Securian's turnkey marketing system, Business Owner Life-stage Design (BOLD) addresses the needs and concerns of today's business owner. It offers everything you need to help you succeed in the business owner market. This week we feature the BOLD advisor guide. It will walk you through all aspects of the BOLD campaign and show you how to get started offering life insurance solutions for your business owner clients. Read more. 

Split Dollar Arrangements: Flexibility Plus Tax Advantages for Your Affluent and Business Owner Clients

When working with your wealthy and business owner clients, you can help them to solve for death benefit needs through a cost-effective split dollar strategy. Learn more about how these arrangements work, along with how to present this strategy to your clients in a meaningful way. Prudential's new split dollar eKit provides the tools you need to get started, including presentations, a brochure, a podcast, and more.  View the eKit.

Loaded with New Features for 2016

The new Allianz Life Pro+ FIUL is here. More flexibility and options to help your clients get where they need to be – not just today, but through all stages of life. Read more.  

The Customer of Tomorrow, Today

Jason Wellmann, senior vice president of Life Distribution at Allianz, offered his perspective on the growing millennial market for life insurance in the latest issue of Broker World. He shared how convertible term riders can help them meet their protection goals, both now and in the future: “Whether they are risk-averse or simply see the value in saving for the future, there is great potential to connect with this demographic and have productive conversations about the many benefits FIUL can add to their long-term financial plans”.  Read more.  

How Does Life Pro+ Stack Up?

Check out our newest comparison to see how Allianz Life Pro+ Fixed Index Universal Life Insurance Policy compares against the competition in accumulation potential, loan amounts, and death benefit protection.

Same Key Benefits, Better Pricing with Chronic Illness Plus Rider

Why pay more if you don’t have to? When you compare Symetra UL-G’s Chronic Illness Plus Rider to the competition, you’ll find the same great key benefits, but at a lower price. Check out our new competitive flier to see our premium advantage in specified cells.  

 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.

Zurich just announced a new table reduction program to assist you in placing low to moderate substandard cases. It is now easier than ever to qualify for this program for both permanent AND term cases.  Read the Zurich Underwriting Newsletter for more details.

Flex Clients into Better Rate Classes

For non-tobacco users with positive lifestyle and medical characteristics, we offer our Fit Underwriting Credit Program. Not a table shave program, Fit Program allows for up to an additional table credits and is applicable across UL and Term programs. Promote our Fit Flyer to your agents to provide them with more details and information on how to apply.

Enhancements to SimpleSubmit

North American is excited to announce two exciting enhancements for SimpleSubmit!

On July 16, 2016, enhancements were made to help make it even easier to submit business via SimpleSubmit, including Paramed Scheduling Updates and enhanced age availability. Learn more. 

Giving Your Clients the Best Potential Rate

People with favorable lifestyle factors are a better risk than those who have unfavorable lifestyle factors. And we give them credit for that with our Lifestyle Credits program. Our Lifestyle Credits program gives your clients a one-risk-class upgrade if they meet certain criteria for favorable lifestyle factors.