Legal and General announced effective 7/1/2014, Life Step UL rates will increase.  To lock in the current rates, formal applications must be received in Banners home office by Monday, June 30, 2014.  For App Assist cases, formal applications must also be received in the home office by June 30,2014.  Completed interviews and formal applications received July1, 2014 or later will receive the new rates.

One June 3, 2014 Dai-ichi Life Insurance Company Limited and Protective Life announce the acquisition of Protective Life by Dai-ichi Life Insurance Company.  Click here for the press release.

The 5 hour Law and Ethics CE Course is required for Florida producers for continuing education compliance cycles ending October 31, 2014 and later.  5-HourCEreq is a listing of course numbers.

As required by Federal regulations, producers must complete and renew Anti-Money Laundering Training.  The AML renewal course  “Ramifications of Money Laundering-Anti-Money Laundering for Insurance Review” is now available on LIMRA.  There are two versions of the course-one with Flash enabled and one without. You only have to complete one course.  Renewal training must be completed by June 30, 2014. 

Calkins-Kramer Insurance website has a link to LIMRA’s free AML  training site under Agent Tools.

Banner will issue pending applications with the new rates effective today, March 31, 2014, if lower than prior rates.  New applications received through April 30, 2014 will be issued with the rates most favorable for the applicant. The new rates will apply to all new applications received May 1, 2014 and later.   In addition to competitive life insurance rates,  click  here to see  what do you get from banner life