We appreciate the insurance business you have submitted to our company over the last several years. However, we want to let you know that we have decided to discontinue new life insurance sales effective June 30th.
We continuously evaluate opportunities in the market and make certain we deploy our resources to markets where we possess strong competitive advantages and offer a winning value proposition for both customers and producers. After an in-depth analysis, we concluded that we should concentrate on our core strengths in the annuity business and stop selling new life policies.
We truly value the trust that both you and your life insurance clients have placed in our company. We remain fully committed to the life insurance benefits we provide to our existing policyholders. Please know that we will continue to provide great service to you and your existing life insurance clients.