Genworth Suspends All Life Insurance & Fixed Annuity Sales

After a review of its U.S. Life Insurance businesses, Genworth has decided to suspend sales of all traditional life insurance and fixed annuity products, including Total Living Coverage, as of March 7, 2016, subject to applicable transition rules and required regulatory approval. Effective Monday, March 7, 2016, the Genworth companies will no longer accept new … Read more

Webinar: LTC Planning – The Essential Guide

Are your clients protected? Chances are, they’re not. Join LTC expert Bruce Dawkins, CLU for a webinar on Wednesday, December 2 at 10 a.m. ET to learn more. “LTC Planning – The Essential Guide” will cover topics such as: Risk to Clients Why Customers Buy LTC Ideal Prospects The 5-Minute Sale Questions? Contact Bruce@agent-link.net

Important Genworth Product Update Information

[one_full last=”yes” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” border_size=”0px” border_color=”” border_style=”” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ class=”” id=””][fusion_text] Genworth Product Updates Effective immediately, all Colony Term applications with face amounts over $100,000 will be commission eligible when submitted through paper applications, or with Genworth’s Life Quick Request® fulfillment platform. The previous limit … Read more

5 Unique Ways to Solve Client LTC Needs

Advisors are wise to look at a variety of solutions for protecting client assets from LTC expenses. But every alternative has its own advantages and distinct purposes. Do you know which option is best for your clients’ LTC needs, and how to fully utilize each one to better serve them?   1. Traditional LTC Protection Generally … Read more

Do you know these 13 annuity terms?

Originally Posted to LifeHealthPro | MAY 12, 2015 | BY NICHOLE MORFORD, STEPHAN R. LEIMBERG, KEITH BUCK, BOB DOYLE Annuities are complex products designed to meet a number of complex needs. For many, they are the lynchpin in a secure retirement. For many others, they are shrouded in mystery: How do they work, who do they work for, and when should they … Read more

LifeHealthPro: 4 reasons income annuities are picked last for dodgeball

Originally Posted to LifeHealthPro | MAY 13, 2015 | BY DAVID CRUZ The link between income annuities and interest rates is just one of a handful of myths that often cloud advisors’ and clients’ consideration of these annuities and why many write them off too soon. A closer look reveals that these myths are easily overcome. This opens … Read more

Top 5 regulatory issues for insurers in 2015

Originally Posted to LifeHealthPro | MAR 06, 2015 | BY EMILY HOLBROOK 2014 was a challenging and uncertain year for insurance regulation. From unethical annuity sales tactics to stress tests and SIFIs to pension law to health care reform, it was a year of increased scrutiny of the industry and ongoing examinations of current regulations. And it seems this year is not much … Read more

Warren Buffet’s 8 Warnings for Investors

Originally posted to LifeHealthPro | MAR 04, 2015 | BY JAMES J. GREEN The annual letter from Warren Buffett to Berkshire Hathaway’s shareholders is a cultural touchstone. In the 2015 letter released Saturday, Buffett and his longtime partner, Charlie Munger, review not just the 2014 financials of the Berkshire “conglomerate,” but look back over the last 50 years. In his avuncular style, … Read more

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