3 Mark Financial, Inc.

April 1, 2020

Please Join AIG's Joe Ross for:

IRA Legacy Planning After the SECURE Act

The SECURE Act changes everything about how IRAs are inherited, distributed and taxed, and how you solve the problem. Your secret to success? You must be able to connect-the-dots to figure out how The SECURE Act really affects your clients and their beneficiaries. In this session, you’ll gain insights into The SECURE Act that nobody’s talking about.

Webinar April 8, at 3:00 PM Central

Important changes to the ILI product portfolio

Prudential Individual Life Insurance continues to help customers with their life insurance needs in this challenging time of interest rate changes and market volatility. To do that, we take a prudent financial approach by continuously reevaluating our product portfolio and have made some adjustments to our offerings.  Read More

Address Client’s Future Concerns-Social Security and Life Insurance

If your clients aren’t relying on Social Security benefits for retirement, the additional benefits could fund a long-term care policy to help address future concerns. Develop a legacy planning strategy that also helps prepare for long-term care costs. Click here to learn more!

Symetra Term: More competitive rates at lower face amounts

At Symetra, we’re always fine-tuning our products to ensure they are competitive, fulfill your clients’ financial needs and help you build your business. That’s why we’re pleased to announce that our Symetra Term now offers even more competitive pricing (PDF) than before.

Life Provides us with Surprises from Time-to-Time!

When it does, one option is to access cash value within our life insurance policies. Here is a client-approved marketing piece on how a client can use cash value within their life insurance policy (also a great piece to use when explaining “what is cash value life insurance”).  Check the flyer out here!

Life after the Secure Act Podcast

Click here and follow the link to the podcast.

Principal Life Online!

We realize during these challenging times, many of us are looking for ways to adapt to a new normal of doing business. Principal Life Online offers an opportunity to get term cases submitted, issued, and delivered in this new, rapidly changing environment.  Check out our website here.

Lock in Gains and Limit Volatility

For clients who need life insurance coverage and want accumulation potential, help them lock in an index value and potentially limit market volatility with index lock, available exclusively with the Allianz Life Pro+ Advantage Fixed Index Universal Life Insurance Policy.  Watch our 60-second video

Our digital tools can help keep business moving

The disruption to your business doesn’t have to be as severe as you might be thinking. Thanks to these helpful digital tips, tools, and resources, North American can help your business continue to thrive. Our digital doors are open.  Click here to read the online version.

"Know the Law" tool recently updated

State-specific laws are all over the map (literally). To learn more about state-specific laws regarding income tax, estate tax, and creditor protection, visit our popular Know the Law — recently updated to reflect 2020 changes. And make sure to bookmark it for future reference.
 
Because you asked: long-term care riders
Because John Hancock is one of the first carriers to offer an LTC rider on life insurance, many advisors and firms reach out to us to further understand the technical details of the various options available. Here we answer some of the most frequently asked questions concerning long-term care riders associated with life insurance contracts.

Save the Dates for Upcoming Columbus Life Webinars

Columbus Life’s Q2 webinar schedule begins in April with some attractive topics across our three matters themes. Our training program continues to deliver timely and relevant content about compelling topics that truly matter to producers like you.  Learn more

Life Insurance After Children

Some believe that there is no reason to own life insurance after children have grown and left the house. This webinar recording discusses five key reasons why retirees or "empty-nesters" may need life insurance and how life insurance could meet their financial and family needs.  Watch Now

American National COVID-19 FAQ

Click here to view the American National COVID-19 FAQ

Introducing Global Atlantic’s new IUL, Global Accumulator with SMART Buy-Ups 

Click Here to download the Global Accumulator IUL with SMART Buy-Ups consumer brochure.
 
In case you missed it!

Global Atlantic’s webinar to introduce their new IUL Global Accumulator with SMART Buy-Ups can be accessed here.

Do Your Clients Need a Life Check-Up?

Client relationships may start with that first policy, but they should grow and flourish as you become their most trusted financial resource. That means putting policy and portfolio reviews for your existing clients near the top of your list. Protective Life offers a Life Check-Up program (registration required) to help you and your clients get the most out of life insurance policy review meetings. Our resources – for both consumers and financial professionals – help guide you step by step through a policy review and identify areas where your clients could use more coverage. 

Spring Into Action: Help Clients Save With Term Riders

Stacking 10,15 or 20 years of term coverage on top of a base policy may be the most cost-effective way for your clients to buy term life insurance.  Watch the short video.

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.

Managing Long-Term Care Spending Risk in Retirement

All retirees must plan today for the possibility that they will experience significant long-term care health expenditures. Large unplanned expenses, such as those relating to long-term care, have the potential to wreak havoc on a retirement income plan.  Click here to read an article by Wade D. Pfau, Ph.D., CFA that covers this topic in depth.

SecureCare Video Resource Library

Our library is designed to provide product knowledge, prospecting tools, and sales processes to get up to speed on SecureCare and start closing cases. Join key members of our SecureCare sales team as they talk through benefits/features, offer expert industry guidance, and give turn-key tips and tricks of the trade. Visit the SecureCare Video Resource Library.

MoneyGuard pre-submission video

Click here to watch a short video explaining what you need to know before applying for MoneyGuard.

A short story about Long Term Care costs

View our easy to follow guide explaining what Long Term Care is and why you should have a plan.  View our guide here.

Long-Term Care Solutions that Spouses Can Agree On

Did you know that 75% of people who buy long-term care (LTC) policies are members of a couple, but women are more likely to purchase than men? Click here to learn more!

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.

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.

Attach a copy of a current policy/ account statement for the funds being transferred to the 1035/transfer document.

Complete the 1035/transfer form carefully and completely. Be sure all necessary signatures are obtained.

Send original transfer forms with the application to 3 Mark for processing.

Annuity Fact Finder 

Click here for a great Annuity Fact Finder

COVID-19 Service Update

Prudential Individual Life Insurance continues to help customers with their life insurance needs in this challenging time of interest rate changes and market volatility. To do that, we take a prudent financial approach by continuously reevaluating our product portfolio and have made some adjustments to our offerings.  Click here to view the announcement.

EZ Underwriting Limits are Now $3 Million

And, we will take all remote apps, regardless of size.  Read more.

SBLI Term Offers a Guaranteed No Exam Process for All Risks

We recognize our responsibility continues to be to provide you with a solution for your clients’ needs and we believe in this current environment, our unique no exam, accelerated underwriting process, is an excellent fit. For more information click here.  
 
Finally, life insurance that doesn't intrude on life.                     

AU is an expedited process automatically used for all cases with face amounts up to $500,000, ages 18-60, and all risk classes, without a medical exam.  Click here for more our Accelerated Underwriting FAQ
 
SBLI’s ZipApp — An Easy, Fast, And Free Drop Ticket Solution

SBLI has partnered with iPipeline and ApplicInt to provide an easier way to submit and process term and whole life insurance applications. Once the short ticket is complete, your job is done. No more worrying about paperwork, paramed exams, and processing delays! Click here for more details.

Streamline Your Business with TeleLife

Watch this short video to see how our TeleLife team takes the administrative work off of your plate – giving you more time to meet with clients and make the sale.
 
Electronic Policy Delivery Helps Maintain Social Distance

As people continue shifting toward remote working, don’t forget about electronic policy delivery to help continue business while maintaining social distance. With EPD, agencies and/or agents can review and approve a client’s policy, share the policy directly with the client, receive all signatures electronically and finalize any payments. Download an electronic policy delivery overview to learn more.

Want to become more efficient at filling out e-applications?

Not sure how to sign an application? Have questions about the e-application process?
Did you know…
• The iPipeline support team offers a free, live training demo of the iGO e-application software.
• The demo walks through the entire e-application process from starting a case to signing and submitting it to the carrier.

To sign- up, click this link  Demos are held every Thursday a 3PM EST.

Important Information Regarding the Underwriting of Pending Apps

Click here to review the March 24 announcement.