News & Updates

John Hancock has repriced its Term 20 product. Term 10 and Term 15 premiums remain unchanged.

As you may already know, regulatory changes affecting Return of Premium (ROP) riders went in to effect on January 1, 2010. The effects of these changes were felt industry-wide, and caused many companies to raise ROP rider rates or discontinue offering the benefit altogether. At Fidelity Life, we recognize the consumer appeal of ROP and the fact that the rider can be a key feature that enhances the sale of our Rapid Decision Term and Mortgage Term products. As a result, we feel that the best response to these new regulatory requirements is one that 1) preserves the ability to offer ROP and 2) keeps the premiums at affordable levels. As a result, we are happy to reintroduce the ROP rider, effective immediately. We have not increased rider premium rates, but have adjusted commissions in order to continue to offer the rider. Please note the adjusted commissions apply to the ROP rider only. The base policy commissions and other rider commissions have not changed. Please contact your upline or Fidelity Life's Sales Support unit at the number listed below for information on the new ROP commissions, and for state availability.

March 31 is the last date to write Lifetime Flex Plus II plan. Genguard(new universal life) only writes to age 80

Non-Tobacco and Tobacco classes in all $250,000 and 1 million dollar bands.

North American is pleased to announce that effective March 1, 2010 we will begin accepting new annuity agent appointments without the new business requirements currently in effect. New Agent Contracting Applications dated on or after March 1 will be processed according to these new guidelines. Agents that have contracted with our Life Home Office: You may complete the Online Annuity Agent Certification in order to sell North American annuity products

As the cost of care continues to rise, more consumers are considering the benefits of LTCI. For producers, helping your clients find adequate and affordable coverage is essential. Read this article for different ideas regarding policy design, discounts, and other ways to lower your clients’ LTC insurance costs. Check out this new LTC article in our LTC Marketing Library, Articles folder today...

Use Fidelity Life's Rapid App (online app technology) to earn additional cash for business submitted and placed Feb. 12 thru April 1, 2010. CASH INCENTIVES FOR PRODUCTION. Fidelity Life will pay $250 for 5; $500 for 10; $750 for 15; $1000 for 20; and $1500 for 25 RD Term policies submitted using Rapid App.

Clients current age has to be 20-60 for new policy. Existing Policy must have been fully underwritten and should be infoce/issued within the last 3 years by Metlife. The policy must have been issued standard or better without any flat extras. Please call for other rules.