Protective Improvements to Classic Choice Term and Indexed Choice UL Now Available in NY
- September 19, 2023
- Carrier News, Life Insurance, Product Announcement, Protective
Effective 9/18/2023. Please see below for a quick overview, and click on the bulletins for complete details.
Indexed Choice UL Reprice & Now Available in NY – (Click for ICUL Bulletin)
NY Version
- Available for sale via EZ-App 9/18/2023 (available on iGO 10/4/2023) – No Paper Applications
- No Lapse Guarantee up to Age 85
- Available as a conversion option from Classic Choice Term NY.
Non-NY Version
- Protective improved our competitive positioning on guarantee to age 90 solves
- Most significant improvements are for single pay scenarios
- Short pay and Level Pay scenarios have also been improved (allows up to $3M annual premiums)
Classic Choice Term Reprice – (Click for CCT Bulletin)
- Improved competitive positioning (Top 3 option in 71% of scenarios)
- One of only 3 carriers who have up to 40-year term option
- Offered as both Drop Ticket and Paper Applications
- September 19, 2023
- Benkis Barrueta
- Carrier News, Life Insurance, Product Announcement, Protective
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