3 Mark Financial, Inc.

8/23/2017

Join Michael Ruda, with American National as he gives us an Introduction to The American National 401(k) Platform for small business owners.

Webinar later today at  3:00 pm central

The Term Product You’ve Waited For

Our new term is tailored for clients who may be starting out or just looking for solid, inexpensive coverage. This means your agents now have two short-term choices from Protective to offer clients—Protective® Classic Choice term and Protective Custom Choice  UL. Share our materials. 

Because You Asked (BYA) — Understanding Transfer-for-Value

Download an updated version of our popular Understanding Transfer-for-Value BYA.  This piece explores the ins and outs of the transfer-for-value rule, including when it applies and the various exceptions.  Read more. 

The Lincoln Leader

Click here to download your copy of The Lincoln Leader for updates on DesignIt illustration system, eTicket and eDelivery enhancements, and more.  

Flexible Payment Options Coming Soon for Paper Applications

We're excited to announce that on August 18, 2017 flexible payment options will be available on all Life products for paper applications. 

Using an IUL to Help a Family Business Continue On

Learn why Income Advantage IUL should be considered as a solution for your business clients' estate equalization needs.

Sagicor Life Insurance Company (Sagicor) is pleased to announce a double digit rate increase across most premium cells on Sage Term.  Click here to learn more.

Ready to Use: 40 Client Ready Emails, Posts, Blogs, Texts and Tweets

Campaign in a Box provides ready-to-use materials that cover selling strategies, prospecting and education on a variety of topics. Deploy promotions immediately to help grow your business while providing useful prospecting messages and materials to your agents. Learn more. 

Nationwide Economics Agriculture Markets Review

Nationwide Economics presents the attached August Agriculture Markets Review. This month’s issue features U.S. commodity prices, energy forecasts and relevant industry news, including an update on how the upper Great Plains continues to experience worsening drought conditions, resulting in an increase in wheat prices due to the expected impact on production.

Accelerated Access Rider - Calculating Benefit Amounts

We make it easy to know what your client's policy can provide when the unexpected happens. The Accelerated Access Rider eligible amount is equal to a percentage of the policy's death benefit at the time of claim. This amount varies by the individual's attained age at the time of claim. Click here for more details and let me know how I can help with cases you're working on.

Starting the Healthcare Conversation Can Be Challenging

Prudential made it easier with compelling talking points and corresponding tools to lead your clients through. Start Talking.

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.

Help Women Maintain Their Independence with LTC Planning

Older parents and grandparents can help satisfy an important planning need for their children and grandchildren, while leaving a lasting legacy. Look in your book for clients who may be gifting annually to their children or have contributed to a 529 for a grandchild. Here’s an example of how annual gifting can help fund LTC protection for the next generation and beyond.

Virtual Care Solutions University: Your one-stop shop

Register for webinars, download resources and access presentations, all on the VCSU website. 

Preventing Elder Financial Abuse

Elder financial abuse remains an underreported and misunderstood issue – one likely to get worse as America’s baby boomer population ages. This type of fraud often involves the unauthorized or improper use of an elder’s resources for monetary or personal gain – and sadly, it’s often not recognized or reported. We have tools available to you to educate you and your clients about elder financial abuse. Find out more.

SecureCare is #1

SecureCare UL ranks #1 for common competitive LTC scenarios. SecureCare Universal Life provides your clients with flexibility and helps protect their assets from rising long-term care expenses - all while maintaining life insurance protection. View competitive flyer. 

We are pleased to introduce improved allocation and disclosure forms. Our new allocation forms are designed by product and can take away confusion on which form to use. We have also combined state-specific disclosure forms whenever possible to reduce the number of variations. Please use these forms for business effective June 9, 2017 and after.

Click here to read the announcement

DOL Update

April 6, 2016, the United States Department of Labor (the “DOL”) issued final rules to expand the definition of an “investment advice fiduciary” under ERISA, and redefined certain prohibited transaction exemptions (“PTEs”) to be applicable as of June ‌9, 2017. Some components of the rule become applicable on June 9, 2017. In order to help you navigate the rule, please see the Continuing to Do Business with Lincoln in a Post-DOL Environment bulletin. The attached bulletin outlines key information regarding sales of annuity and life contracts for the June 9, 2017 to January 1, 2018 transition period.  Also attached is a sample 8424 template.  Please read page 1 for important information about this sample template.

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.

UnderRight Life

Faster, simpler and more transparent to the client — the future of underwriting is in the palm of your hands with UnderRight Life from Global Atlantic. UnderRight Life provides predictive underwriting, access to underwriters and instant determination of eligibility for Fast Lane Accelerated Underwriting for routine cases. Learn more. 

New Policy and Process for Non-Resident Sales

Nationwide and our firm partners have regulatory risk when policies are sold in states that differ from the clients’ state of residence.  To improve the underwriting process and our ability to meet state regulatory requirements, we are introducing a new educational form and updating our policies and procedures for Non-Resident Sale. Learn more. 

MutualCare Solutions Product and Underwriting Guide Updates

We're updating the Product and Underwriting Guide, along with supporting forms and processes, to give you the tools needed to better support your field underwriting. Please review these updates effective August 14, 2017.

New Underwriting Case Study: Aviation

Legal & General America has a new underwriting case study specifically for aviation activity. Preferred classes may be available for pilots of major airlines flying in the US and Canada. For pilots with other aviation activity, Preferred rate classes may be available with an Aviation Exclusion Rider. Find personalizable underwriting materials and more at www.lgamerica.com/underwriting