AIG – 2 Important Updates!

I’m excited to share with you the OFFICIAL word on the COIVD underwriting restrictions being lifted TODAY!

If there are any postponed cases you’d like us to revisit, please let us know.

You will also find a note that is important if you are an Ensight user. It seems like more and more are starting to use this software

Important IUL illustration tip for Ensight software users:

More and more firms are utilizing Ensight for their illustrations and it is proving to be a great tool to simplify illustrations – especially for multiple carriers.  One thing that AIG needs our partners to understand is that Ensight’s default index selection for all carriers is S&P 500 (specifically our S&P 500 High Cap).  This isn’t the most competitive option for AIG, and depending on which IUL is being illustrated, you’re giving up .55-.70 BPS of persistency bonus in years 6+!  If your office is utilizing Ensight I would suggest:

• Changing to the carrier default in Winflex (will show all carriers in their best light),
• Change AIG to the MLSB in the product options tab, or
• Set up a custom illustration template so that all carriers are being run at your preferred specs.