Important Levinson News and Updates – 11/29/23 Symetra / Prudential / Nationwide / TransAmerica
Symetra
- Symetra will match formal or informal rate class offers from their group of eligible life insurance carriers
- Available with Accumulator Ascent and Protector IUL products.
- Ends December 31, 2023.
- Designed to move clients one underwriting rate class up to bring their overall insurance premiums down.
- Available with Accumulator Ascent IUL
- Ends December 31, 2023.
Designed to offer clients who were diagnosed with one of seven qualifying cancers the opportunity to earn up to a Preferred underwriting rate.
Prudential
Comprehensive Physical Program
- Underwriting will review and potentially utilize a client’s existing physician’s medical records in lieu of traditional age an amount exam requirements.
- For new business applications with face amounts between $10 million and $35 million where the offer is Standard or better.
Nationwide
- Nationwide will match trial or formal applications from their list of qualifying carriers.
- Permanent products only (does not include term or CareMatters)
TransAmerica
- May provide up to and including $1 million in additional coverage for your clients with Transamerica, using our expanded nonmedical underwriting.
- Individuals approved for Standard or better in the past 12 months by a company on their list of approved carriers may be eligible for a term or IUL policy with a comparable rate class or better.