The New Short Term Disability Assurity has a new Short Term Disability product on the market which is available as Accident and Sickness or Accident Only. >Target Market: non-traditional workers making money from multiple occupations, relatively healthy, and little or no employer-sponsored coverage. >Issue ages: 18-60 years old >Weekly benefit payments: $50 to $600 weekly … Read More

Protective Applications

Part II Medical Questions Go Digital Effective October 5, 2022, producers can opt for their clients to answer the Part II medical related questions online. This eliminates the feeling of being rushed or feeling uncomfortable answering personal medical questions during a phone interview. Please contact us with any questions. Tel. 248-553-9505 … Read More

Banner Life Applications

Important News Banner will no longer accept the Michigan traditional paper life insurance applications. All Michigan applications must be submitted electronically. The following states must use the new LIA fillable application or electronic application through the Horizon Platform (CA, DE, FL, ND, SD). … Read More

Mutual of Omaha Underwriting

Updated Underwriting Guidelines The carrier updated COVID-19 underwriting guidelines and reinstated the Fit underwriting program. These guidelines apply to all fully underwritten life insurance cases and includes all newly submitted and pending in house cases, whether formal or informal. Acceptance Guidelines Based on Insured’s Issue Age Applications now accepted for client’s through age 79 and … Read More

iPipeline Term Engine

Enhancements to the Quote Search Page For the Underwriting Process Filter, the word “Eligibility is added to clarify that a producer will be searching for term product quotes for which the current client is eligible for certain carrier underwriting processes. The Instant Decision is is added to clarify that products with this tag are eligible … Read More

MassMutual offers higher I & P limits

Effective immediately, the following occupational classes have increased issue and participation limits. OCC CLASS OLD/NEW – ISSUE OLD/NEW – PARTICIPATION WITH IDI 5A, 4A AGES 18-60 WAS $20K NOW $30k WAS $30K NOW $35k … Read More

Ohio National increases issue limit for 3M occupation class

Previously capped at $17,000, the new maximum issue limit for 3M occupation class, ages 18-54, is $20,000. Note, the new limit is not available for policies with Student Loan Reimbursement and/or Lump Sum Payment at Retirement riders – Policies for 3M clients with either or both of these riders still have a maximum issue limit … Read More

New Carrier Opportunities

IRA Brokerage is excited to announce our partnerships with two reputable insurance carriers, MassMutual Strategic Solutions and Ohio National. Both carriers recently expanded their business to Brokerage to allow more opportunities for insurance producers to write their products. It goes without saying that Mass Mutual’s footprint in the insurance space is substantial. These industry leaders … Read More

Product & Service Notice – Ameritas (as of 2-4-22)

As of 2-4-22, Underwriting changes were made to EZ App requirements, occupational classes, and participation limits for DInamic Foundation individual disability income policies. The changes are as follows: EZ App – the age and maximum benefit amount requirements have increase as noted in bold italicized text below. Issue and participation limits changes shown in bold … Read More

Illinois Mutual: Underwriting changes to the IDI (as of 6-7-21)

Illinois Mutual’s underwriting financial documentation guidelines and non-medical limits for disability income insurance applications are listed below. Non-medical limits* – total monthly amount of insurance applied for and in force with Illinois Mutual Age 18-50 51-60 Non-Med $200 – $5000 $200 – $3,000 Abbrv Paramed, Blood Profile, Urinalysis $5,001+ $3,001+ Financial Documentation Guidelines Benefit Amounts … Read More