North American – Classic Term to be Discontinued Nov, 20,2021

 

Effective November 20, 2021, Classic Term will be removed from North American’s product portfolio.

Although this product will no longer be available, we encourage you to review North American’s ADDvantage Term to meet your client’s term life insurance needs.

Important Dates

Electronic Applications (Classic Term submission is only available via e-app)
As of November 20, 2021, Classic Term will no longer be available in SimpleSubmit® e-app or Web-Based Illustrations. Electronic applications for the Classic Term must be locked, submitted, and signed by all parties by November 19, 2021.

If an e-app for Classic Term is signed and/or received November 20, 2021, or after, it will not be coded.

Policy Date Guidelines
The policy anniversary date for any Classic Term cases must be December 28, 2021, or prior.

 

 

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