Universal life insurance

Ch-a Mosley Joins BFF Enterprises As The New Co-owner

Retrieved on: 
Friday, September 23, 2022

CLEARWATER, Fla., Sept. 23, 2022 /PRNewswire/ -- Serving the Clearwater, Tampa Bay area with its wide range of insurance products, BFF Enterprises (bffenterprises.org) has made its name by fulfilling the unique needs of businesses, families, and individuals. They currently offer an array of services, including Life Insurance, Indexed Universal Life Insurance, Annuities, and Health Insurance. And now, the company is proud to welcome Ch-a Mosley as the new co-owner.

Key Points: 
  • Long time CEO of BFF Enterprises stated, "We are honored and overjoyed to be joined by Ch-a Mosley, she is appreciated by our clients, and she is very knowledgeable.
  • BFF Enterprises welcomes her and wishes her all the best in the journey ahead - it's time to expand the company."
  • BFF Enterprises is looking forward to a start of a new era with Ch-a Mosley.
  • Located in Clearwater, FL, BFF Enterprises currently works with Gradient Financial Group as the primary brokerage firm.

Simplicity Group Partners with Ensight™ To Launch Exclusive IUL Digital Sales Platform Utilizing Tax-Free Retirement Concepts

Retrieved on: 
Wednesday, October 13, 2021

SUMMIT, N.J., Oct. 13, 2021 /PRNewswire/ -- The Simplicity Group ("Simplicity") is pleased to announce the launch of a new Indexed Universal Life ("IUL") digital sales platform, utilizing Patrick Kelly's Tax-Free Retirement ("TFR") concepts, which was developed in partnership with Ensight.

Key Points: 
  • SUMMIT, N.J., Oct. 13, 2021 /PRNewswire/ -- The Simplicity Group ("Simplicity") is pleased to announce the launch of a new Indexed Universal Life ("IUL") digital sales platform, utilizing Patrick Kelly's Tax-Free Retirement ("TFR") concepts, which was developed in partnership with Ensight.
  • Designed for financial professionals, the TFR-based sales platform represents a new standard for IUL digital sales enablement, further enhancing Simplicity's digital capabilities and innovation leadership position.
  • This new sales platform simplifies the presentation of the key values of IUL, with easy-to-understand planning concepts delivered in a visually engaging and dynamic way.
  • Now, in partnership with Ensight, the TFR sales platform will be more accessible and bolster advisor business growth with this exclusive technology.

North American Grows Index Universal Life Product Line

Retrieved on: 
Monday, May 24, 2021

DES MOINES, Iowa, May 24, 2021 /PRNewswire/ -- North American Company for Life and Health Insurance (North American) now offers an indexed universal life (IUL) insurance product that provides the death benefit protection only life insurance can offer, while accumulating potential long-term cash value for other purposes including to help supplement retirement income.

Key Points: 
  • DES MOINES, Iowa, May 24, 2021 /PRNewswire/ -- North American Company for Life and Health Insurance (North American) now offers an indexed universal life (IUL) insurance product that provides the death benefit protection only life insurance can offer, while accumulating potential long-term cash value for other purposes including to help supplement retirement income.
  • Since 1886, North American has established a tradition of providing quality insurance products to consumers throughout the U.S. We offer a comprehensive portfolio ofterm, universal life, and indexed universal life insurance products.
  • Fidelity Product Services LLC ("FPS") has licensed this index for use for certain purposes to North American Company for Life and Health Insurance(the "Company") on behalf of the Product.
  • Indexed Universal Life Insurance products are not an investment in the "market" or in the applicable index and are subject to all policy fees and charges normally associated with most universal life insurance.

Midland National Expands Its Index Universal Life Product Line

Retrieved on: 
Monday, May 24, 2021

DES MOINES, Iowa, May 24, 2021 /PRNewswire/ -- Midland NationalLife Insurance Company (Midland National) has introduced a new indexed universal life (IUL) insurance product that offersdeath benefit protection only life insurance can while accumulating potential long-term cash value for other purposes, including to help supplement retirement income.

Key Points: 
  • DES MOINES, Iowa, May 24, 2021 /PRNewswire/ -- Midland NationalLife Insurance Company (Midland National) has introduced a new indexed universal life (IUL) insurance product that offersdeath benefit protection only life insurance can while accumulating potential long-term cash value for other purposes, including to help supplement retirement income.
  • Founded as Dakota Mutual Life Insurance Company in 1906, Midland National has protected families and preserved legacies for generations.
  • Fidelity Product Services LLC ("FPS") has licensed this index for use for certain purposes to Midland National Life Insurance Company (the "Company") on behalf of the Product.
  • Indexed Universal Life Insurance products are not an investment in the "market" or in the applicable index and are subject to all policy fees and charges normally associated with most universal life insurance.

Greater Flexibility and Growth Potential Offered by Lincoln Financial Group’s Indexed Universal Life Policy Enhancements

Retrieved on: 
Monday, May 10, 2021

b'Lincoln Financial Group today announced enhancements to its Indexed Universal Life insurance products, to provide even greater investment flexibility and increased cash value growth potential that can be accessed for life\xe2\x80\x99s changing needs.

Key Points: 
  • b'Lincoln Financial Group today announced enhancements to its Indexed Universal Life insurance products, to provide even greater investment flexibility and increased cash value growth potential that can be accessed for life\xe2\x80\x99s changing needs.
  • Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates.
  • Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good.
  • Sign up for email alerts at http://newsroom.lfg.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210510005539/en/\n'

John Hancock Meets Strong Market Demand with New Protection Variable Life Insurance Product

Retrieved on: 
Monday, April 5, 2021

BOSTON, Mass., April 5, 2021 /PRNewswire/ -Today, John Hancock, the US division of Toronto-based Manulife (NYSE: MFC), announced a new protection variable universal life insurance product, Protection VUL, is now available for sale from all approved distribution partners.

Key Points: 
  • BOSTON, Mass., April 5, 2021 /PRNewswire/ -Today, John Hancock, the US division of Toronto-based Manulife (NYSE: MFC), announced a new protection variable universal life insurance product, Protection VUL, is now available for sale from all approved distribution partners.
  • "Our 'Protection' portfolio reflects our mission to provide long-term value through a variety of options that help customers address their specific goals," said Neal Kerins, vice president, Product Development, John Hancock Insurance.
  • Premium savings are in comparison to the same John Hancock life insurance policy without Vitality PLUS.
  • Variable universal life insurance has annual fees and expenses associated with it in addition to life insurance related charges (which differ with the product chosen), including surrender charges and investment management fees.

Investors Heritage Launches Heritage Income Advantage to Offer Innovative Guaranteed Retirement Income

Retrieved on: 
Thursday, April 1, 2021

Investors Heritage Life Insurance Company (Investors Heritage) today announced the launch of a new fixed index annuity the Heritage Income Advantage (HIA) to help policyholders protect assets from market downturns, grow retirement savings, and secure a lifetime income stream.

Key Points: 
  • Investors Heritage Life Insurance Company (Investors Heritage) today announced the launch of a new fixed index annuity the Heritage Income Advantage (HIA) to help policyholders protect assets from market downturns, grow retirement savings, and secure a lifetime income stream.
  • Thats why we are expanding our retirement solutions to offer a better option to create additional income in retirement.
  • The Heritage Income Advantage is a single premium, deferred fixed indexed annuity (FIA) issued by Investors Heritage.
  • The Heritage Income Advantage and the Guaranteed Lifetime Withdrawal Benefit Rider, an optional rider available for purchase with the Heritage Income Advantage are issued by Investors Heritage Life Insurance Company, 200 Capital Avenue, Frankfort, Kentucky.

Nationwide Announces Launch of Nationwide New Heights® Select Fixed Indexed Annuity

Retrieved on: 
Monday, March 8, 2021

"Nationwide New Heights Select fixed indexed annuity has been enhanced to provide pre-retirees with greater growth potential and principal protection at a time when they need it the most, while also providing a guaranteed source of retirement income they can't outlive."

Key Points: 
  • "Nationwide New Heights Select fixed indexed annuity has been enhanced to provide pre-retirees with greater growth potential and principal protection at a time when they need it the most, while also providing a guaranteed source of retirement income they can't outlive."
  • Annexus is the leading independent product development provider of fixed indexed annuities, indexed universal life insurance and index-based wealth management solutions.
  • Nationwide New Heights fixed indexed annuities are issued by Nationwide Life and Annuity Insurance Company, Columbus, Ohio.
  • Nationwide, the Nationwide N and Eagle, Nationwide is on your side, Nationwide New Heights, New Heights, Nationwide High Point 365 and High Point 365 are service marks of the Nationwide Mutual Insurance Company.

RBC Insurance adds new participating life offering to help meet clients' future financial needs

Retrieved on: 
Tuesday, January 26, 2021

To help Canadians achieve their financial goals, RBC Insurance is adding to its industry leading line up with a new participating whole life product, RBC Growth Insurance, that will help Canadians protect what's most important to them while building cash value resources for the future.

Key Points: 
  • To help Canadians achieve their financial goals, RBC Insurance is adding to its industry leading line up with a new participating whole life product, RBC Growth Insurance, that will help Canadians protect what's most important to them while building cash value resources for the future.
  • "The decisions we make now will determine our financial future, even when we are no longer here to provide for our loved ones," says Maria Winslow, Senior Director, Life & Health, RBC Insurance.
  • "Our Growth Insurance offering can help our clients financially safeguard their loved ones, play a key role in estate planning and set up a stable retirement asset while guaranteeing life insurance coverage."
  • Participating whole life insurance provides Canadians with permanent life insurance coverage while allowing the premiums to be invested to meet future financial or retirement needs of the policyholder.

Emerson Firm Announces Ongoing Investigation Regarding State Farm Life Insurance Company Premium Increases

Retrieved on: 
Tuesday, July 28, 2020

HOUSTON, July 28, 2020 (GLOBE NEWSWIRE) -- Emerson Firm, PLLC (Emerson), a law firm in Houston, Texas, announces that it is continuing its investigation regarding massive premium increases on universal life insurance policies issued by State Farm Life Insurance Company (State Farm).

Key Points: 
  • HOUSTON, July 28, 2020 (GLOBE NEWSWIRE) -- Emerson Firm, PLLC (Emerson), a law firm in Houston, Texas, announces that it is continuing its investigation regarding massive premium increases on universal life insurance policies issued by State Farm Life Insurance Company (State Farm).
  • This investigation concerns all persons with State Farm universal life insurance policies issued on a Form-94030 who had sudden increases in their monthly deductions withdrawn from accumulation accounts and/or received premium notices with sudden and alarming premium increases.
  • Policyholders are represented by Emerson, a Houston-based law firm, with offices there and in Little Rock, Arkansas.
  • Previously, Emerson represented named plaintiffs in the similar Transamerica Life Litigation (Feller, et al., vs. Transamerica Life ) which resulted in a nationwide settlement for policyholders in 2018 of $195 million.