Current Carrier Updates...
Aegis Financial will keep this webpage updated with any recent, important carrier changes
to help you prepare for your week ahead, so you’ll know exactly which carriers to be mindful of.
Only those carriers that have changes are listed. Any interest rate adjustments, product changes
and even new state product approvals are included with links to receive complete details.
to help you prepare for your week ahead, so you’ll know exactly which carriers to be mindful of.
Only those carriers that have changes are listed. Any interest rate adjustments, product changes
and even new state product approvals are included with links to receive complete details.
Annuity Carrier News
GUGGENHEIM
Effective 11/1/20
Guggenheim is dropping some rates effective 11/1/20. Click here for rate sheets to see specific changes.
NATIONAL WESTERN
Announced 10/26/20
National Western has a 1% eApp incentive offer. Click here for details.
SYMETRA
Effective 10/29/20
Symetra is announcing a rate change effective Thursday, October 29th. Please find the new rates here.
AIG
Effective 10/19/20
AIG rates on the American Pathway Fixed 5 and 7 as well as the American Pathway VisionMYG are improving effective today, 10/19/2020. See the new sheets here.
NORTH AMERICAN
Effective 10/20/20
North American has announced rate decreases on most of their annuity product lines effective October 20, 2020. Here is a brief summary of the changes:
• Most fixed index annuity (FIA) rates decrease (margins increase)
(excludes NAC IncomeChoice® and Strategic Design AnnuitySM X)
• Most multi-year guarantee annuity (MYGA) rates decrease
• Most single premium immediate annuity (SPIA) rates decrease
Please click this link for the new, updated rate sheet
EQUITRUST
Effective 10/20/20
Equitrust will be reducing rates on all on their volatility-controlled index annuity accounts (Focus 50 and Marc 5) effective October 20th. They will also be reducing their Confidence Income Annuity (SPIA). Business needs to be in by October 19th at 5:00 PM Central. Click HERE for rates.
GLOBAL ATLANTIC
Effective 10/19/20
Effective October 19, 2020 our rates will change on Choice Income II and Choice Accumulation II Fixed Index Annuities. Click here for rates.
EQUITABLE
Effective 10/9/20
Equitable Life and Casualty has announced a slight rate change on their Denali and Teton FIA product lines. The change will be effective October 9th. Applications signed on or before 10/8 and received in the home office within 14 calendar days from the signed app date will receive the higher rate. Please click here to see the new rate sheet
OXFORD
Effective 10/1/20
Oxford is changing rates on Royal Select, Silver Select, Select Series and Multi-Select Series, effective Oct. 1. Click here for updated rates.
UPSTREAM
Effective 10/01/20
The rate on the Upstream Secure Legacy 5 is decreasing to 2.8% as of 10/01/2020.
LEGACY AMERITAS
Announced 9/25/20
Ameritas Life Insurance Corp. has announced that it will change some rates on IncomeMark Select and FlexMark Select fixed index annuities, effective October 5, 2020. A majority of the changes are on the IncomeMark, please click here for all current rates.
RELIANCE STANDARD
Announced 9/23/20
Effective October 2nd Reliance Standard is decreasing their fixed rates and on October 16th they are decreasing their fixed indexed rates. Click here for rates.
Effective 11/1/20
Guggenheim is dropping some rates effective 11/1/20. Click here for rate sheets to see specific changes.
NATIONAL WESTERN
Announced 10/26/20
National Western has a 1% eApp incentive offer. Click here for details.
SYMETRA
Effective 10/29/20
Symetra is announcing a rate change effective Thursday, October 29th. Please find the new rates here.
AIG
Effective 10/19/20
AIG rates on the American Pathway Fixed 5 and 7 as well as the American Pathway VisionMYG are improving effective today, 10/19/2020. See the new sheets here.
NORTH AMERICAN
Effective 10/20/20
North American has announced rate decreases on most of their annuity product lines effective October 20, 2020. Here is a brief summary of the changes:
• Most fixed index annuity (FIA) rates decrease (margins increase)
(excludes NAC IncomeChoice® and Strategic Design AnnuitySM X)
• Most multi-year guarantee annuity (MYGA) rates decrease
• Most single premium immediate annuity (SPIA) rates decrease
Please click this link for the new, updated rate sheet
EQUITRUST
Effective 10/20/20
Equitrust will be reducing rates on all on their volatility-controlled index annuity accounts (Focus 50 and Marc 5) effective October 20th. They will also be reducing their Confidence Income Annuity (SPIA). Business needs to be in by October 19th at 5:00 PM Central. Click HERE for rates.
GLOBAL ATLANTIC
Effective 10/19/20
Effective October 19, 2020 our rates will change on Choice Income II and Choice Accumulation II Fixed Index Annuities. Click here for rates.
EQUITABLE
Effective 10/9/20
Equitable Life and Casualty has announced a slight rate change on their Denali and Teton FIA product lines. The change will be effective October 9th. Applications signed on or before 10/8 and received in the home office within 14 calendar days from the signed app date will receive the higher rate. Please click here to see the new rate sheet
OXFORD
Effective 10/1/20
Oxford is changing rates on Royal Select, Silver Select, Select Series and Multi-Select Series, effective Oct. 1. Click here for updated rates.
UPSTREAM
Effective 10/01/20
The rate on the Upstream Secure Legacy 5 is decreasing to 2.8% as of 10/01/2020.
LEGACY AMERITAS
Announced 9/25/20
Ameritas Life Insurance Corp. has announced that it will change some rates on IncomeMark Select and FlexMark Select fixed index annuities, effective October 5, 2020. A majority of the changes are on the IncomeMark, please click here for all current rates.
RELIANCE STANDARD
Announced 9/23/20
Effective October 2nd Reliance Standard is decreasing their fixed rates and on October 16th they are decreasing their fixed indexed rates. Click here for rates.
Life Carrier News
PROTECTIVE
Protective® Classic Choice term is one of the most competitive term products in the market. In fact, here’s how we stack up against the competition:
Click here to learn more about offering your clients the competitively priced term coverage they need.
JOHN HANCOCK
Still selling GUL? There’s another (and better) option. Lower premiums, extended guarantees, and #1 on so many fronts. Take a look at Protection UL, as competitive as ever across almost all funding scenarios, moving ahead of guaranteed UL in both premium solves and flexibility — and offering longer guarantees than ever.
Click here for Protection UL Talking Points.
CAREMATTERS II Electronic Submission
Nationwide is always looking for ways to streamline and simplify our processes. Particularly during this pandemic, we recognize the importance of conducting business with as little friction as possible.
New! In addition to how business is currently submitted to Nationwide, it’s now possible to electronically submit applications for Nationwide CareMatters® II and Nationwide YourLife CareMatters® in California (electronic submission is unavailable in New York), while still maintaining the BGA relationship. Financial professionals can access Nationwide’s electronic application at https://nationwidefinancial.com/resources/forms under the Life tab.
Nationwide is adding this functionality to provide financial professionals with a secondary tool to submit business electronically, while maintaining their BGA relationship.
To learn more about using Nationwide’s electronic application and submission process, click here.
Protective® Classic Choice term is one of the most competitive term products in the market. In fact, here’s how we stack up against the competition:
- Top 3 option 96% of the time in monthly pay scenarios*
- Top 3 option 91% of the time in annual pay scenarios*
Click here to learn more about offering your clients the competitively priced term coverage they need.
JOHN HANCOCK
Still selling GUL? There’s another (and better) option. Lower premiums, extended guarantees, and #1 on so many fronts. Take a look at Protection UL, as competitive as ever across almost all funding scenarios, moving ahead of guaranteed UL in both premium solves and flexibility — and offering longer guarantees than ever.
Click here for Protection UL Talking Points.
CAREMATTERS II Electronic Submission
Nationwide is always looking for ways to streamline and simplify our processes. Particularly during this pandemic, we recognize the importance of conducting business with as little friction as possible.
New! In addition to how business is currently submitted to Nationwide, it’s now possible to electronically submit applications for Nationwide CareMatters® II and Nationwide YourLife CareMatters® in California (electronic submission is unavailable in New York), while still maintaining the BGA relationship. Financial professionals can access Nationwide’s electronic application at https://nationwidefinancial.com/resources/forms under the Life tab.
Nationwide is adding this functionality to provide financial professionals with a secondary tool to submit business electronically, while maintaining their BGA relationship.
To learn more about using Nationwide’s electronic application and submission process, click here.