Revisions to the National Association of Insurance Commissioners (NAIC) actuarial guidelines - referred to as AG 49-A are expected to go into effect December 14, 2020. AIG will be making changes to their suite of IUL products to comply with AG 49-A. Their IUL products will have adjusted cap rates, Account Value Enhancement (persistency bonus) and max illustrated rates. Check out this AG 49-A training power point for more detailed information.

AIG's Non-Medical Underwriting Limits Increasing to $1 Million
Effective November 21, 2020, AIG's QoL Max Accumulator+ IUL non-medical underwriting will be expanded to include eligible cases with face amounts up to and including $1 million. The previous face amount limit was $499,999. When applicable, the ability to pivot to medical underwriting remains available. Get the details...

Get Familiar With The "Underwriting Edge Program" From Ameritas FLX
The Underwriting Edge Program allows your clients with one or two impairments outside a particular guideline to potentially improve one rate class. If your client receives a more favorable approval class through this special underwriting program, it will apply to that application only. Additional amounts of insurance may be considered on a case-by-case basis. This program applies to new issues, ages 20-60, for face amounts from $300,001 up to $5,000,000.

Help Your Clients Look Forward To Their Future With Confidence
Having conversations with your clients about Index Universal Life insurance can be hard. AIG's new interactive consumer tool, Life with Confidence, can help simplify the conversation.