3 Mark Financial, Inc.

9/07/2016

Join Stephen Alloy, JD, MBA, CLU, ChFC from Mutual of Omaha as he discuss new solutions for your business owner clients using IUL.

Join Mutual of Omaha Advanced Markets for a webinar on how to use indexed universal life insurance to create options and build cash for business owner clients.

 Webinar September 14, 2016 at 3:00 PM Central

Help Clients Create a Comprehensive Retirement Income Plan

The Nationwide Retirement Institute’s Social Security 360® program helps your clients optimize Social Security filing decisions for a more comprehensive retirement income plan. We want to help your clients address the potential retirement income gap associated with delaying Social Security benefits. The Nationwide YourLife® Indexed Universal Life (IUL) Accumulator policy is a solution that can help, among a wide variety of other solutions. The policy can help meet your clients’ essential income needs prior to when they start receiving Social Security benefits. In addition to the death benefit the IUL provides, if your clients delay taking Social Security distributions, their life insurance can be used to fill the essential income gap by taking withdrawals and/or loans until Social Security benefits start. Learn more.

Video: A Win-Win Solution for Business Owners

An executive bonus arrangement using life insurance can provide a win-win solution for your business owner clients and their key employees. Under the arrangement employers offer a benefit that can improve employee morale and retention while employees receive valuable death benefit protection and the potential to gain cash value. North American offers you all the tools you need to help your client set up an executive bonus arrangement quickly and easily. Learn how to provide a win-win today!

Use Age Last Birthday to Your Client's Advantage

With our Age Last Birthday advantage, your clients get great rates because our policies are underwritten based upon a client's age at his or her last birthday. Plus, we can backdate 6 months to save age!  Learn more

Help Businesses Diversify with Income Advantage IUL

Learn how an IUL policy can help business owners diversify their assets, as well as which questions you should be asking.  Learn more.

Information regarding new Lincoln term policies effective September 12, 2016

Lincoln is committed to the term market, offering highly competitive rates and a streamlined submission process. Lincoln conversion options on new term policies are contractually guaranteed and commissions will be paid based on the new conversion compensation guidelines.  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.

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.

Annuity Fact Finder 

Click here for a great Annuity Fact Finder

 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. 

DIY Your Fixed Annuity Business

Watch this webinar replay for tips to streamline your fixed annuity cases!

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.

This fall, eligible standard or preferred single-life applicants will receive an automatic risk class upgrade from Global Atlantic.  Learn more.

Underwriting Enhancements

We are pleased to announce new underwriting enhancements to our Preferred Criteria and APS Guidelines, effective August 16, 2016. Get all the details by clicking here. Download the new Underwriting Guidelines effective August 16, 2016.

Protective Life Bulletin discusses products available for conversion.

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.