Wednesday, September 28, 2016

NAIFA ratchets up FI focus as DOL phases in fiduciary rule

NAIFA ratchets up FI focus as DOL phases in fiduciary rule
By Warren S. Hersch

(LifeHealthPro)

Judge Could Issue Partial Block of DOL Rule, Lawyer Says

Judge Could Issue Partial Block of DOL Rule, Lawyer Says
By John Hilton

(InsuranceNewsNet)

Convertible: Not Just for Sports Cars!

By Matt Kaas, Life Marketing Consultant

Convertible. Did you instantly think of the shiny red convertible that you have always dreamed of owning (or may be already sitting in your garage)? Well if you are anything like me, your first thought was convertible and renewable term life insurance, and convertibility options.

Illinois Court Declares Fixed Indexed Annuities Are Not Securities

Illinois Court Declares Fixed Indexed Annuities Are Not Securities
By Annuity Outlook Staff

(Annuity Outlook Magazine)

Kansas Judge ‘Sympathetic’ to Market Synergy DOL Case

Kansas Judge ‘Sympathetic’ to Market Synergy DOL Case
By John Hilton

(InsuranceNewsNet)

Calculate Your Life Insurance Needs (Life Happens)

Calculate Your Life Insurance Needs (Life Happens)
When purchasing life insurance, the question really isn’t how much you need, but how much capital your family will need at the time of your death, which depends on two variables:


Wednesday, September 21, 2016

Got a fiduciary question? DOL to issue FAQs soon

Got a fiduciary question? DOL to issue FAQs soon
By Andrew Welsch

(On Wall Street)

#LIAM16


Fall is right around the corner...get a pumpkin spice latte or pay for life insurance instead?

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Materials available on the Life Happens website and within the Life Insurance Awareness Month campaign may not be compliance-approved. AAAE & Life Happens are not affiliated.

Compliance support for advisors will be key with DOL fiduciary rule

Compliance support for advisors will be key with DOL fiduciary rule
By Nick Thornton

(Benefits Pro)

Helpful Hints in Completing a Life Insurance Application

By 
Lorrie Elson, Manger – Life Case Operations, InForce Solutions
Kim Cohen, Manager Business Operations, InForce Solutions

In 2015, Ann Arbor Annuity Exchange announced an exciting new partnership with InForce Solutions (IFS) to provide our life insurance producers additional services and opportunities. One of the primary functions of IFS is to ensure that life insurance case management is completed in a more timely and efficient manner. From the moment you take the application until the moment the policy is delivered, AAAE and IFS facilitate the underwriting, follow-up on requirements, and any other “back-office” work. In keeping with this partnership, we asked IFS to share some tips on how to properly complete a life insurance application.

House Committee Passes Bill to Reverse Dodd-Frank, DOL Rule

House Committee Passes Bill to Reverse Dodd-Frank, DOL Rule
By John Hilton

(InsuranceNewsNet)

When Your Life Changes, Should Your Life Insurance Change Too?



I found myself at a wedding expo once, helping set up behind the scenes. There were lots of vendors there with booths touting everything from catering, photography, and flowers, to honeymoon destinations and jewelry. On the way out it struck me – I had not seen a single vendor offering the protection of life insurance to young couples that were planning a life together.

Wednesday, September 14, 2016

Nearly half of IRA rollover assets “at-risk” under DOL rule

Nearly half of IRA rollover assets “at-risk” under DOL rule
By The LifeHealthPro Editors

(LifeHealthPro)

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Please note that in order to provide a recommendation to a client about the liquidation of a securities product, including those within an IRA, 401(k) or other retirement plan, to purchase a fixed or variable annuity or for other similar purposes, you must hold the proper securities registration and be currently affiliated with a broker/dealer or registered investment adviser.  If you are unsure whether or not the information you are providing to a client represents general guidance or a specific recommendation to liquidate a security, please contact the individual state securities department in the state(s) in which you conduct business. 

Jimmy and Nancy Tang: Securing the American Dream (Video)

Play: https://www.lifehappens.org/videos/securing-the-american-dream/
Jimmy and Nancy Tang: Securing the American Dream (Video)
(Life Happens)

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Materials available on the Life Happens website and within the Life Insurance Awareness Month campaign may not be compliance-approved. AAAE & Life Happens are not affiliated.

Provision to kill DOL fiduciary rule included in new bill to replace Dodd-Frank

Provision to kill DOL fiduciary rule included in new bill to replace Dodd-Frank
By Mark Schoeff Jr.

(InvestmentNews)

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Article may require (free) site registration to view. Contact AAAE for a copy if unable to access.

The Time Is Now for FIUL

The Time Is Now for FIUL
(Allianz Life Insurance Company of North America)

Texas judge denies all but 2 briefs in DOL fiduciary hearing

Texas judge denies all but 2 briefs in DOL fiduciary hearing
By Melanie Waddell

(LifeHealthPro)

Wednesday, September 07, 2016

Asset-based long-term care: A versatile wealth protection weapon for financial professionals

Asset-based long-term care: A versatile wealth protection weapon for financial professionals
By Pat Foley, CLU, ChFC

(LifeHealthPro)

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Please discuss how life insurance and annuities work with your clients, including fees, expenses and conditions. Note, in order to provide a recommendation to a client about the liquidation of a securities product, including those within an IRA, 401(k) or other retirement plan, to purchase a fixed or variable annuity or for other similar purposes, you must hold the proper securities registration and be currently affiliated with a broker/dealer or registered investment adviser.  If you are unsure whether or not the information you are providing to a client represents general guidance or a specific recommendation to liquidate a security, please contact the individual state securities department in the state(s) in which you conduct business.

Death Benefits in Limbo:

By Matt Kaas, Life Marketing Consultant

How to Check If You Are the Beneficiary of an Unclaimed Life Insurance Death Benefit

How many times have you purchased a Powerball or Mega Millions lottery ticket? In 2015, you had a one in 292 million chance of winning the Powerball jackpot – those are some seriously small odds! You have a far better chance of being the beneficiary of an unclaimed life insurance death benefit. There is at least $1 billion in life insurance proceeds waiting to be claimed by beneficiaries, and the odds that you, or your clients, are one of them is 1 in 600. And although you won’t become a millionaire, the average unclaimed death benefit is $2,000 and has been as high as $300,000.[1]

#LIAM16













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Materials available on the Life Happens website and within the Life Insurance Awareness Month campaign may not be compliance-approved. AAAE & Life Happens are not affiliated.

Indexed Annuity Sales Fall Just Short of Record

Indexed Annuity Sales Fall Just Short of Record
By John Hilton

(InsuranceNewsNet)

Wink, Inc. Releases 2nd Quarter, 2016 Non-Variable Deferred Annuity Sales Results

Wink, Inc. Releases 2nd Quarter, 2016 Non-Variable Deferred Annuity Sales Results
(Wink)

SECOND QUARTER 2016 NON-VARIABLE DEFERRED ANNUITY SALES

SECOND QUARTER 2016 NON-VARIABLE DEFERRED ANNUITY SALES
By Sheryl J. Moore

(Wink)