Business Overhead Expense and Loan Protection ‘Consolidation’ has been a buzz word in the business owner space in 2025. As Baby Boomers are retiring and businesses change hands, there is a need for Business focused DI coverage more than ever. Join in our discussion with Bryan Orr and Matt Jackson surround Mass Mutual’s new product … Read More
Category: News
MassMutual Announcement
Discover their Reimagined Business Overhead Expense Insurance Starting October 20th, MassMutual launched their new disability Business Overhead Expense insurance that replaces their existing product. Some of the highlights: What is new with their BOE? Key Underwriting Changes: If you are curious to learn more, or if you have any questions, reach out to us. We … Read More
The Standard’s New Producer Website
Now Available! – New IDI Producer Resources Website Standard has launched a new website to access applications, forms and marketing materials. Go to http://www.standard.com/IDI-resources. … Read More
MassMutual DI improves pricing with
New Occupational Class and Upgrades Effective, December 1, 2024, MassMutual has upgraded over 50 occupations that are ideal for Radius Choice, including: Please call our office for a quote today. 248-553-9505. … Read More
Mutual of Omaha Exits the Individual Disability Income Market
From Mutual of Omaha “After a comprehensive strategic review of our individual disability income product, Mutual Income Solutions, we have made the difficult decision to discontinue disability income insurance sales in all states effective January 18, 2025. All pending business will continue to be processed as normal. All applications must be received in the home … Read More
Nationwide CareMatters Together
Nationwide CareMatters Together is a long-term care coverage for 2 people that is linked to a fixed-premium universal life insurance policy and includes a death benefit. It provides FLEXIBILITY to you when it comes to covering potential long-term care costs. This product differs from other long-term care policies in the following ways. … Read More
Banner’s Term 2 Term Exchange Program
Banner is offering an exchange program allowing customers who purchased OPTerm 10, 15, 20, 25, 30 or 35 within the past 48 months to trade up to a longer duration policy at his or her current attained age with NO underwriting. Program Highlights; For additional information, please contact our office at 248-553-9505. … Read More
Banner Policies
Policies are going paperless Effective November 1, 2024, Banner is defaulting to paperless preferences for policy delivery. This means that Banner will no longer default to mailing paper policies; instead, you will be able to access policies online through their eDelivery platform or Partner Dashboard. Clients will still be able to access documents through the … Read More
Protective Life product is being discontinued
Protective Custom Choice UL is being discontinued as of December 31, 2024. The carrier is offering you a comprehensive alternative: Protective Classic Choice term and the optional Conversion Choice rider with ExtendCare. Protective Classic Choice term maintains the value you and your clients expect for short-term coverage, with options beyond the traditional 10-30 year term … Read More
MassMutual Temporary Term Conversion Enhancement
Increased Face Amount Eligibility From September 30th to December 31st 2024, clients who own certain MassMutual Term policies can submit a full face amount conversion application for up to 25% of increased coverage, capped at $1,000,000 per insured, without additional underwriting. The increased coverage is available when converting to a new MassMutual whole life, or … Read More