3 Mark Financial, Inc.

5/10/2017

Join Kelly Mills, Marketing Manager with Mutual of Omaha as she discusses

Life Protection Advantage IUL

Beyond its death benefit protection, Life Protection Advantage also has growth potential  That's important because it can help extend the policy's death benefit coverage beyond its no-lapse protection period.  It's also important because the cash value can be accessed to help supplement the client's need for cash later in life.  

 Webinar Wednesday May 17, 2017 at 3:00 PM Central

3 Mark Announces a Change in Policy Which May Affect You.

3 Mark’s commission team strives to process and pay commissions utilizing the most timely and efficient processes possible. Historically, 3 Mark has paid override commissions, with no minimum transaction requirements.  These transactions can become costly if not managed appropriately.  In an effort to maintain our industry leading commission efficiencies, 3 Mark will now be instituting a minimum payout of $50.00. 3 Mark’s commission team will continue to pay your affiliate overrides on the 15th and last day of the month but you will not receive your direct deposit until your override commissions including renewals meet the $50.00 minimum. 

If you have any questions, please do not hesitate to contact 3 Mark CFO,  Betsy Riley at 281-269-2331 or betsyr@3mark.com.

High Medical Expenses are Americans’ Biggest Retirement Worry

May through August, the Add More Life campaign focuses on tools you can use to start meaningful client conversations about healthcare expenses in retirement, along with life insurance as a solution. Click here to learn how to overcome your clients' biggest misconceptions about the cost of healthcare during retirement, have a clear understanding of what their options are and lead compelling client conversations. 

New SmartProtect Term with Vitality

On Monday May 1st, we launched a new version of SmartProtect Term with Vitality. The new product continues to offer streamlined underwriting to simplify the process for your clients and help you place more business. Now with the new unique Unemployment Protection Rider your clients can add even more protection. Other updates include new rates for Super Elite and Elite risk classes and lower monthly modal factors and fees. 

Plan to Help Business Owners Achieve Their Goals

This year, the Small Business Administration celebrates National Small Business Week April 30 through May 6 to honor America’s leading entrepreneurs. There’s no better time to recognize the small-business owners in your practice by helping them accomplish their goals. 

Research conducted with business owners shows that they are concerned about employee benefits and retirement. 65% said that being able to offer competitive employee benefits is a significant challenge. And more than half of small-business owners are concerned about their personal retirement.  

Look to Lincoln for strategies, solutions and retirement plan services to assist you in growing your business within the small business market.

The Lincoln Leader

Click here to download the latest version of The Lincoln Leader for updates on LifeElements level term, TermAccel, and more. 

Life Protection Advantage is Now Available

Our new indexed universal life product, Life Protection Advantage, is now available for sale. Learn about the features and benefits of this new product.  Learn more.  

Sales Idea: A Way to Build Wealth Outside of a Business

Learn more about how life insurance can help business owners protect their families and build wealth outside of their businesses. 

Children's Whole Life Mailers

Promote Children's Whole Life Insurance with two customizable mailers.  Learn more. 

Leave a Larger Legacy with Charitable Giving Benefit 

With this benefit, your generosity can live on through a donation to your favorite charity at no additional cost. Click here to see an example and learn more. 

Can you Name the 5 Ways to Access Cash with the Secure Lifetime GUL 3 Contract?   Click hear to see how.

Video: Life Insurance for the Living

Introduce Living Benefit riders with this consumer-approved video. Living benefit riders help clients to protect and supplement retirement assets. Watch this helpful introductory video and share it with your clients. Life insurance with living benefits is life insurance you don’t have to die to use. 

Reminder: New ExtendCare Rider Available

Protective Life Insurance Company is pleased to introduce a new ExtendCare Rider that will be available with Protective Advantage Choice UL and Protective Indexed Choice UL. The new ExtendCare Rider features removal of the permanent loss of two Activities of Daily Living (ADLs) requirement, waiver of monthly deductions required to maintain the policy during a benefit period and an additional waiver of monthly deductions for as long as the policy is in force, if the insured is certified as chronically ill for three consecutive benefit periods. Learn more. 

Chronic and Critical Illness

Would your clients like to make plans today for an unexpected tomorrow? Global Atlantic's new Accelerated Access Rider can offer the flexibility to access a portion of their life insurance death benefits during a life-altering event like a chronic or critical illness. We are excited about our chronic illness revamp and addition of our critical illness component! Download the attached piece for more details.

Is Your Client Eligible for APPcelerate? (repeat entry)

For qualified applicants, APPcelerate can make the underwriting process quick and convenient with no medical exams, labs or APSs. Download the flyer. 

Mitigating Risk

Life insurance is unique for its ability to provide cash at the time that it might be needed most – when income is interrupted due to death. Life insurance can also help mitigate overlooked risks in your clients' financial strategy and provide a potential solution for wealth transfer. Find out how you can help mitigate risk in your client's financial strategy – click here. 

Another A+ Rating for North American

Fitch, a global leader in financial information services and credit ratings, has recently assigned an Insurer Financial Strength rating of A+ Stable for North American, its fifth highest rating!  Learn more. 

Term Life - Competitive Rates, Faster pay

Securian's competitive Advantage Elite Select Term Life rates make it easier for your clients to get the coverage they need at a price they can afford. Coupled with our WriteFit Underwriting™ program, qualified clients could be approved for coverage within 48 hours, so you can get paid faster.  Learn more. 

Hybrid or linked-benefit products are a fresh approach to retirement and estate planning. These products, cover opposing risk groups by combining long-term care coverage with life insurance or an annuity.

SecureCare Universal Life

SecureCare Universal Life with indemnity-long term care benefits offers your clients simplicity, flexibility, and freedom for life's journey. Starting May 3, SecureCare will be available in Connecticut, Delaware, Montana, New Jersey, North Dakota and Washington DC, in addition to the previously approved states. Learn more. 

New Microsite: Long-Term Care

Looking for LTC planning concepts and ways to start LTC conversations? This new Long-Term Care microsite from Lincoln is a great resource. The need for long-term care is growing – and so is the opportunity to help your clients plan for this potential retirement expense. www.LTCLincoln.com/Solutions. 

Value of Informal Care

The value of the informal care provided in the United States each year is $522 billion! We are able to help with this staggering statistic. A CareMatters case study and a long-term care rider side-by-side comparison highlight Nationwide solutions. 

Nationwide YourLife CareMatters® has been approved for New York. Illustrations will be available on May 8. See the transition rules for details.

 Strategic changes

We continue to monitor the fluid situation with the implementation of the Department of Labor's (DOL) Conflict of Interest Rule, also known as the fiduciary rule.  Clilck on the following link to read the announcement.  Read more

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.

John Hancock is Removing First Year Premium Limits

We are excited to announce that effective immediately we are removing the existing $3M and $5M first year premium limits on our most popular products. Learn more.

John Hancock Finishes Ahead!

See how John Hancock’s Protection UL offers more competitive premiums across the board and more customer value than a leading competitor.  Learn more. 

New Video: An IUL That's in a Class of Its Own

Every once in a while, a product comes along that’s in a class of its own.  This Life in Motion video highlights John Hancock’s NEW Accumulation IUL, a product designed to help your clients maximize cash value accumulation and retirement income potential.

Announcing new underwriting opportunities for Hepatitis C clients

Lincoln Financial has collaborated with a partner to take advantage of new treatments for Hepatitis C and is unveiling new, more favorable underwriting guidelines and ratings. Most treated cases for Hepatitis C may qualify for at least standard rate, and possibly a preferred rate.  Learn More

Initial Premium Acceptance Rules - Conditional Receipt Limits

With new life insurance applications, we encourage premium to be submitted with the application. In order to simplify your experience, we have developed these guidelines regarding the acceptable forms of money during the new business process.  Learn more. 

We Have an Rx for That: See Our Most Popular Topics

Need quick information on how Underwriting considers specific health conditions? Look No Further Than Our Rx For Success Series. 

Video: Forms Depot

"How to" manuals too manual for you? Check out this brief instructional video on how to use our all-new, enhanced Forms Depot system for ordering forms and tapping into our vast marketing catalogue. Play video.