3 Mark Financial, Inc.

8/30/2017

Due to inclement weather conditions resulting from Hurricane Harvey and for the safety of our staff, we have elected to close our office in Sugar Land through today Wednesday August 30, 2017.  We hope o be able to reopen tomorrow Thursday at our normal time of 8:00 am.  If conditions do not permit us to reopen on Thursday we will notify you again. 

We do apologize for any inconvenience this may cause.

Join Andy Bakkegard, with North American as he gives us an Introduction to their newest indexed life insurance product Legacy Optimizer

Webinar later today at  3:00 pm central

Focus on Females During Life Insurance Awareness Month

September is national Life Insurance Awareness Month — it's the perfect time to seize the day and grow your base of female clients. Women play a critical role in the well-being of their families, yet only 56% of American women have life insurance, leaving many families at considerable risk. Watch our latest client-facing video to see how life insurance helps women protect what matters most. Learn more. 

The ONE Series: Get Ready to Meet Your 2017 Goals

Nearly half of all U.S. households have a life insurance coverage gap.*

Unfortunately, many Americans are underinsured. They also may not realize that life insurance can help them meet financial goals throughout their lives. But you can change this for your clients, and we’re ready to help. To coincide with Life Insurance Awareness Month, we’re hosting a series of calls focused on needs-based planning with life ‌insurance. Learn more.   

See how Our Short-Term Products Work

With the addition of Protective® Classic Choice term, we now feature a balanced portfolio of short-term solutions your agents can offer clients. Whether clients need straightforward coverage or want a bit more, Protective has your agents covered. Short-Term Solutions Video.

Get Life Insurance Protection and More

With an accumulation-focused IUL policy, your clients get life insurance protection. It's also important for your clients to select a policy that has strong accumulation potential. See how our Income Advantage IUL compare

Term Life Answers e-App Signature Process Updates

On July 22, 2017 we introduced a new Term Life Answers e-App with updated screens. Learn more about how the signature process looks.

Flexible Payment Options are Available for Living Promise e-Apps and Paper Apps

Effective immediately your clients can choose flexible payment date options on both the e-Application and paper application for Living Promise (Final Expense). Learn more. 

LTC MutualCare Solution Product and Underwriting Guide

Updated product and underwriting guide now available.

Symetra Leadership Update

I am writing to share the news that Symetra’s board of directors yesterday approved a series of leadership appointments that position the company for continued success as we move into the future. Read more. 

Tool Cool for School?

How about IUL “School”? In our 4 part IUL educational series, learn about how Index Universal Life (IUL) policies work, IUL policy loans, cash value accumulation and the impact of AG 49 on IUL sales. Learn more. 

6 ways to sell Secure Lifetime GUL 3

Use the 10-10-10 sales idea for GUL with or without a chronic illness rider. The living benefits concept has never been easier. 6 powerful resources will help you to learn it, sell it and illustrate it. Go to RetireStronger.com/GUL for more information.

UnderRight Life - The Future of Underwriting in Your Hand

UnderRight Life leverages mobile devices to help agents set better expectations and improve the underwriting experience for their clients. This mobile tool provides an instant Fast Lane Accelerated Underwriting eligibility determination or for those not eligible, a preliminary underwriting class assessment. For agents with more complex clients, we also offer an easy way to connect with a Global Atlantic underwriter with the Ask an Underwriter feature. Finally, with UnderRight Life you have access to all of Global Atlantic’s underwriting program guidelines and resources at your fingertips.

New Pricing Now Available on PruLife SUL Protector

Prudential strives to offer a relevant suite of products that align to a variety of customers' needs. To reinforce our commitment to the no-lapse guarantee marketplace we are introducing new pricing on PruLife SUL Protector, effective August 21, 2017. Read more

Discover a New Way to Talk About Life Insurance

Add More Life delivers an innovative way to talk about the living benefits of life insurance in retirement and the tools that can help get you started. Show Me. 

Life Gets Easier This Summer: Variable Tools to Heat Up Your Sales

New tools help make it easier to build your variable business. Click Here to Find Out More

New Underwriting Case Study: Tobacco Users

Read our new Case Study on Tobacco Users! Legal & General America has a new underwriting case study specifically for tobacco users. Our tobacco pricing is highly competitive. After just 3 years, clients who have quit may qualify for Preferred Plus rate

LIAM 2017 Spokesperson

Race car driver, Danica Patrick is encouraging everyone to get financially fit with life insurance. Danica shares her personal reasons for buying life insurance and is helping educate Americans on the importance of having financial protection. Share her video, as well as other downloadable Danica Patrick social media materials from Life Happens. 

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