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Whole Life Conversion product updates |
| Effective September 25, American Elite Whole Life 2 (AGL) and American Elite 2 (USL) will be updated due to regulatory changes. This product is only used for term conversions and contractual paid-up policy provisions. |
| Bulletin 21-059 |
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Monthly Guarantee Premium (MGP) provision reminder |
| MGP “guarantees” help prevent IUL policies from lapsing due to poor index performance during the guarantee period. We’ve provided a reminder on how the guarantee may be affected when a policy lapses |
| Bulletin 21-029 |
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Regulatory Compliance requirement regarding IUL illustration date |
| Please note new illustration requirements for both new cases and term conversions (IUL), and action required when submitting a revised illustration on a pending case (IUL and/or GUL). |
| Bulletin 21-046 |
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Reminder: Accelerated death benefit claims by foreign nationals |
| Specifically, if coverage includes an accelerated death benefit rider and a claim is requested from inside or outside the United States, the claim must be certified by a U.S. physician practicing in the state where the physician is licensed. |
| Bulletin 21-060 |
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Flyer for Professional Athlete coverage updated |
| An underwriting flyer regarding life insurance coverage for Professional Athletes and Sports Teams/Business has been updated to clarify criteria for team/business policies. |
| View the flyer |
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Policy review reminder email to policy owners |
| Beginning September 20, policy owners who have signed up to receive email communications will be emailed a simple reminder to review their policies and ensure their information is up to date. |
| Bulletin 21-066 |
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Important information for insureds in Tennessee |
| To support customers in Tennessee who may be affected by recent severe weather, temporary suspensions are in effect on lapses, terminations, cancellations and other time-sensitive provision requirements. |
| Bulletin 21-067 |
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