News & Updates

Our focus on January is on Lincoln Financial's MoneyGuard product. Click here for details.

Join our free webcast on Jan. 17 - learn more here.

Many independent marketing organizations claim to offer underwriting expertise. But, at Partners Advantage we actually live up to our promise. Strong case management skills and good relationships with the underwriting staff at our life insurance carriers are very important. But our true understanding of impaired medical risk and our ability to research, position and discuss a client’s medical history “underwriter to underwriter” often sets Partners Advantage apart from its competitors and gives your cases the best placements and rates.

Click Here to read more.

Find out more about the exclusive Income Gap Tool from Partners Advantage. Contact your Annuity Team representative for details.

Learn more about Aviva's Double Qualification Points for their trips during December 2011. Click here for details.

The National Association for Fixed Annuities (NAFA) has elected Brian D. Mann of Huntington Beach, Calif., to join its board of directors during the association’s annual meeting held on Oct. 20 in Boca Raton, Florida. Mann is the Senior Vice President for the Annuities and RIA Divisions for Partners Advantage. Click here to read full press release.

Partners Advantage Appoints Ria Cruz to Direct Suitability and Compliance
Colton, CA (November 9, 2011) – Partners Advantage Insurance Services, LLC is pleased to announce the appointment of Ria T. Cruz as the Director of Suitability and Compliance. As of part of her responsibilities, Cruz will provide an added layer of suitability and compliance review as professionals submit their clients’ applications. She will also interface with insurance companies and financial institutions on related issues. She will also serve as a resource for financial services professionals appointed through Partners Advantage who have questions on compliance and suitability issues. Click here to read full press release.

Learn Top Strategies from Multi-Million Dollar Producers, Referral Experts and Closing Pros. Click here for details.

Advanced Insurance Academy Provides Insurance Professionals with Resources to Better Serve Business and Estate Planning MarketsAs October comes to a close, Partners Advantage Insurance Services, LLC, a national insurance marketing organization, is recognizing 46 insurance professionals who completed business planning and estate planning tracks in the Advanced Insurance Academy. The academy is a six-week, educational program sponsored by Partners Advantage to provide insurance professionals with advanced education to increase their ability to serve advanced client needs.

A new program will be offered in February. Click here to read full press release.

Multi-Million Dollar Producers, Sales Experts and Top National Speakers Share Winning Strategies at Partners Advantage Vegas Extravaganza

Colton, CA (October 6, 2011) – Partners Advantage Insurance Services, LLC, a national insurance marketing organization, is pleased to announce their Vegas Extravaganza Agent Symposium and Business Meeting on Dec. 12-13 at Bally’s Resort and Casino in Las Vegas. A special addition this year is a full-day Advanced Annuity Boot Camp on Dec. 14.  The event features inspiring presentations by nationally-recognized sales and industry experts and highlights the winning ways of multi-million dollar producers.

Click here to read full press release.

Transform Your Practice! Your clients will appreciate you more. Partners Advantage is pleased to be one of the first to bring our producers the Private Reserve Strategy. It is the newest and perhaps best tool to hit the life insurance industry. Click here to learn more.

Partners Advantage will have agents participating in two tracks as part of its Advanced Insurance Academy starting the week of September 12. The Business Market track starts on Monday and the Estate Planning track begins on Thursday. Agents will be provided advanced training to help them improve their knowledge base, grow their practice and better serve these advanced markets.

Aviva pulling Multi Choice Fixed Single Premium Life Effective 10/1/11

Aviva is decreasing caps, crediting and illustrated rates on our Multi Choice Indexed Single Premium Life, effective October 1, 2011.

Rates for the MultiChoice Indexed SPL will be as follows:
One-Year Point-to-Point Strategy:
The Cap Rate will decrease from 7% to 6%.
The Illustrated Rate will decrease from to 4.9% to 4.25%.

One-Year Monthly Average Strategy:
The Cap Rate will decrease from 8% to 7%.
The Illustrated Rate will decrease from 4.70% to 4.30%.

Basic Interest Strategy:
The crediting rate will decrease from 3.5% to 3%.

Monthly Cap Strategy:
The Illustrated Rate will decrease from 6.05% to 4.90.
The Cap Rate will decrease from 3% to 2.50%.

The new rates will apply to all new Indexed Single Premium life business with issue effective dates of October 1, 2011, and after. The new rates will also apply to any new money contributed after September 30 to inforce Single Premium Life policies.

We will begin illustrating the reduced caps and rates starting September 1, 2011 in LPSS and WinFlex.

As we have advised everyone in the past, West Coast Life is being merged into Protective Life. (they really do not want anymore licensing or applications from west coast life). With that said, we are taking the quoting ability of west coast life off the website. Protective Life has the same exact underwriting , rates, products as west coast life. An agent who is currently licensed with West Coast Life can still write them(until 12.1.11) with that said, agents should start writing/contracting with Protective . It will make it an easier transition. If the agent needs to  write  West Coast Life, please call Partners Advantage to  run the quote(which is the same rate as Protective).

Effective August 15, 2011, Genworth Life Ins company will introduce Privileged Choice Flex, a new modular long term care insurance product that allows more flexibility for easy customization plus innovative new features and benefits to add more value to your clients' long term care insurance plan. Old product applications must be dated on or before August 14th or they will not accept them. For more information call Ext. 716

Assurity wants to help you earn double credits toward their trip to Lisbon, Portugal, on the applications you submit from August 1 - September 15, 2011. Click here for details.

Partners Advantage brings you the benefits of Allianz Preferred. Click here to learn more.
Call us to request details 888-251-5525, Ext. 709.

Special Event: Predict Your Income by Predicting Your Referrals for Life
Presented by: Partners Advantage and Tim Green
Wednesday, August 10, 2011
9 am – 1 p.m. in Costa Mesa, CA

Click here for details.

Contact Partners Advantage for more information about this red hot, new FIA:

• 8% or 12% Vesting Premium Bonus (subject to availability)
• 8% Income Base Roll-up on Optional Income Rider (annual cost as low as 0.50%)*
• 10-Year Surrender Schedule
• Outstanding Commissions
• Gold Strategy
• All-New Crediting Strategy With a Rate Booster!

Contact the Annuity Advantage Team at 888-251-5525, Ext. 709, for complete details on the all-new CommandMark^SM Fixed Indexed Annuity – exclusively through Legacy.

*Varies based on state approvals.

Partners Advantage was honored to be the recipient of the 2011 George Vlaisavljevich Memorial Award from Fidelity Life.
Click here to read more.

Live training event in San Diego on July 21.
Life and annuity sales concepts and special training event. Contact Partners Advantage at 888-251-5525, Ext. 711.

New E&O Coverage Option through Partners Advantage:
Now available on the Partners Advantage Agent Website. After you log in, go to the Contracting & Licensing section and click on E&O Program. Benefits to new program include:

• Build your own policy & pay for only what you need
• Automatic Underwriting
• Low premiums
• Deductible waived if claim arises on business placed through Partners Advantage

Click here to take a look at four great trips offered through Partners Advantage and its carriers.

Call the Life Express Team at 888-251-5525, Ext. 704, to learn how your production this summer could earn you a $1,000 bonus.

Click here to view and print the mailing addresses for your new business applications.

How is RBC treating pending business?  Any life applications in good order received at our service center by end of business June 10, 2011 will be accepted 

What is the time frame for policies with pending requirements?   For policies with pending requirements, they will have til August to complete the requirements - at this time we do not know the date in August that will be the cutoff 

Will agents have access to their client information after 6/10/11?   The terminations letters the agent's received outlined how to maintain access to client information after 6/10/11 - the is information on the home page of the Sales Resource Center If so, what phone number can the agents call to obtain information on their client policies.   The numbers will not change - the agents and clients will still call 1.866.765.4555 option 1 for client information.

You asked for it and we are happy to deliver! The 8% IAV Rate will be available for applications dated between June 6, 2011, and September 30, 2011! With the return of the 8% IAV, LIBR-2010 offers these great features:

1. Your clients have the choice of a 5% or 8% IAV Rate. The 5% option remains available for all issue ages for NO FEE. The 8% option is available for issue ages 50 and above with a fee of 90 bps annually.
2. For the 8% IAV Rate option the IAV Period will be 7 years and the Reset will be between the 3rd and 7th Contract Anniversaries.
3. Remember - FEES MATTER! LIBR-2010 still calculates and deducts the fee from the Contract Value, not the Income Account Value like other income riders on the market today! When comparing Lifetime Income Benefit Riders, it is important to understand how fees are calculated. We believe that American Equity is still the best choice for income!
4. Compound vs. Simple Interest - American Equity uses compound interest to compute the rollup on the IAV. Many Income Riders available on the market use Simple Interest. Don't be mislead by IAV Rates when comparing Income Riders, check to see how interest is calculated and credited to the IAV.

PLEASE NOTE: the new LIBR-2010 disclosure (Form #1127 6.6.11) will be required prior to issue to get the new 8% IAV Rate. NO EXCEPTIONS!! Also, contracts may not be sent in for a free-look cancel and then reissued with the new rider.

We will continue to accept the current LIBR-2010 with the 7% IAV Rate for applications SIGNED on or before June 15, 2011. Business must be issued by July 29, 2011.

This new annuity brings big benefits for you and your clients.
Click here for details.

Click here for state approvals.

New Product and New Service Model for
ALL Aviva Lifetime Solutions Annuity applications:
 
All Lifetime Solutions Annuity applications must be sent to Partners Advantage for full review:
Partners Advantage Insurance Services, LLC
Attn: Annuity New Business
3080 Bristol Ave., Suite 450
Costa Mesa, CA  92626
 
Administrative services and correspondences will be provided directly from Partners Advantage.
 
What this means for you?
Faster issue, less delays and better customer service. Please make sure that all annuity applications are in good order before sending to Partners Advantage.

If you need assistance or have any questions, we are here to help: please call the Annuity Advantage Team at 888-251-5525 ext. 709.

Competitively Priced

LifeLong UL is a flexible-premium universal life (UL) insurance policy that offers the lowest-cost lifetime death-benefit guarantee* in our portfolio. Affordable planned premiums are likely lower than similar products that offer a no-lapse death-benefit guarantee.

Signed illustrations are not required and guaranteed projections are available.2

Simplified Application Process

The Genworth Financial companies’ Life Quick Request process reduces the paperwork and processing time by 50%, and increases the placement ratio by 8%.

Aviva launches refreshed NLG Portfolio. Click here for full details.

Enhancements to these products include:
- Higher target premiums.
- Improved competitiveness at $1 million face in most lifetime pay scenarios as well as a majority of
our single-pay cells.
- Removal of the Basic NLG period (except on Advantage Builder policies sold without the No-Lapse
Guarantee Rider). Now, the premium required to keep the NLG provision in force will be the same
in ALL years of the contract for level pay and lifetime pay scenarios

1. Guaranteed, tax-free death benefit at competitive rates.

2. Built-in Accelerated Benefit Rider can help fund long term care-type or other serious medical needs for the  surviving insured.

3. No-cost Policy Split provision for divorce, estate tax reform or business dissolution. No additional underwriting when exercised.

Effective on new and inforce business for 2010 Modernized Medicare Supplement in Nevada and South Carolina as of June 1, 2011, the following rate adjustment by plan listed will be efective:

State        Plan A          Plan F         Plan G

NV             15%            15%           15%

SC             18%            18%           18%

For New Business: Rates are locked in the date the application is signed, but that rate will continue for 12-months following the effective date of coverage.  This allows for a true 12-month guarantee to those individuals who are turning 65 and applying early. Their premiums will remain the same for the first 12-months that their policy is inforce. 

Effective immediately, please send your ANNUITY new business to the Partners Advantage Costa Mesa office. 

ATTN: Annuity New Business
Partners Advantage Insurance Services
3080 Bristol St., Suite 450
Costa Mesa, CA 92626

Click here to read full announcement. Or call the Annuity Advantage Team at 888-251-5525, Ext. 709.

Only 2 , 3, 4, and 5 year benefit periods will be available. May 20(applicaiton must be recieved in good order at home office). June 30(final underwriting decision and all premium must be recieved)

AS A REMINDER: Effective April 1, 2001 we began accepting the new version of the Life Quick Request worksheet, (45253 11/19/10) From April 1, 2011 – April 25, 2011 we will accept either version (old or new) of the Life quick Request Worksheets. After April 25, 2011 we will only accept the new version of the Life Quick Request worksheet, (45253 11/19/10). When old versions of the worksheet are received, we will not process the ticket. We will send the ticket back and request the new version.

Simple Solutions^TM Sales Process Increases Annuity Sales and Client Relationships

Partners Advantage Insurance Services, LLC recently unveiled a trademarked and proven sales program that gives insurance and annuity professionals a unique systematic sales approach to increasing sales. Annuity sales veteran, Brain D. Mann is a coach and mentor for insurance and annuity professionals and utilizes his hands-on expertise as a multi-million dollar personal producer to train insurance professionals and financial planners on this new sales process. Click here to read full press release.

Call the Annuity Advantage Team at 888-251-5525, Ext 709, to learn about the full-day annuity training being held in Costa Mesa, CA, on April 21.

April is National Financial Literacy Month. Find resources in the “Training & Sales Systems” section under “Articles” - just log on to the Partners Advantage website. Also, April 11-15 is National Retirement Planning Week there are added resources for you and your clients at www.FixedAnnuityFacts.org.

If you apply for a Standard underwriting class in one of the following bands, West Coast Life will accept the Non-Medical declaration in lieu of an exam:
o Age 0-15: Face Amounts of $0 - $500,000
o Age 16-35: Face Amounts of $0 - $250,000
o Age 36-40: Face Amounts of $0 - $150,000
o Age 41-50: Face Amounts of $0 - $49,999

Select/Super Preferred, Preferred, and Preferred Tobacco rate classes now require a minimum of Paramedical exam, HOS, and full BP in addition to other age/amount requirements.

Find out why this concept is the hottest buzz in our industry. After this training session you will have the knowledge to start presenting cases right away. Tuesday, March 29 at 8 a.m. Pacific/11 a.m. Eastern. Click here to register.

From March 17 through April 25 only, the bonus on MasterDex X® Annuity increases to 10%.
Allianz is making the #1-selling fixed index annuity in the industry even more attractive.
Because for a limited time, they’re increasing the bonus to 10% on premium payments received in the first three contract years.

Premium+ Event details:
To be eligible for the additional premium bonus, the annuity application and premium (or application and transfer form) must be received by 5:00 p.m. Central time on April 25, 2011. The transfer premium must be received by July 25, 2011 at 5:00 p.m. Central time. Faxed or emailed applications will not be accepted.

Aviva is moving the roll-up rate on the Income Edge Plus Rider back to 7.2%. The Accumulation Period will now be 10 years, and we will continue to offer your clients the ability to elect restarts every 5 years to establish a new 10-year Accumulation Period--as many times as they wish until they begin taking rider income.

The change will be effective on all Income Preferred Series and Income Select Series annuities with the Income Edge Plus Rider issued on or after March 4, 2011. While we cannot reissue policies, any pending business with the Income Edge Plus Rider included will receive the new rollup rate if the issue date is on or after March 4, 2011. For pending business, you will need to submit a new signed Certificate of Disclosure for the 7.2% roll-up rate, either prior to issuance of the contract OR after issue as a delivery requirement.
We are instituting new income rider Certifi cates of Disclosure in all states EXCEPT Delaware and Oregon -- even in those states where the 7.2% rate has remained in effect.

Please note that updated marketing materials and Certificates of Disclosure will only be available on Aviva Live until we can reprint our inventory to reflect the change. We anticipate materials being available in Supply in about two weeks.

Qualification period is from March 1, 2011-August 31, 2011. Your meals and lodging are paid for(you just have to get there). If a qualifying producing agent produces $25,000 in paid annualized life premium, you will have two nights at the Bellagio on North American. If a qualifying producing agent produces an additional 12,500 during the dates listed, they will be awarded an additonal night(feb. 7)

Beginning March 14, 2011, through June 14,2011, Term Conversion Plus is open to owners of Metlife term policies issued standard n/t or better with an issue date ranging from March 1, 2006 to November 1, 2010. There must not be no more than 6o months between the existing term policy issue date and the application date of the new policy. Insureds must be between the ages of 18 and 60 with traditionally underwritten term policies. Conversion applications will be reviewed by underwriter and current MIB, MVR, and Presciption history database checks will be reviewed to determine is any significant changes in health/insurability since the date of the original term policy. Policies that do not qualify for a better class will be converted at their contractually guaranteed underwriting classification. Call for more details

Aviva increased their annual point-to-point caps by 50 to 75 basis points from the prior rate. You can also earn a bonus commission up to an additional 1.0% on qualifying Aviva ANNUITY production. Contact the Annuity Advantage Team at 888-251-5525, Ext. 709 for complete details and sales support.

ING has announced annuity rates and caps going up on 2/17/2011. Call the Annuity Advantage Team for details at 888-251-5525, Ext. 709.

Spend More Time Prospecting, Less Time Processing!

Starting on March 14, an enhanced Rapid eUnderwriting program will be available in 47 states (from the current 23), plus the District of Columbia.*

Rapid eUnderwriting is MetLife’s innovative application and underwriting process that enables your younger clients who are interested in purchasing lower-face-amount term insurance to get coverage quickly and without any intrusive paramed exams or lab work. In addition, thanks to new system enhancements that allow for even faster decisions, your clients can have a policy approved in as little as two days of completing the tele-interview.

Not only does Rapid eUnderwriting help you serve an underprotected market, it will free you up to do what you do best: build and maintain relationships with your clients and focus on writing larger and more complex cases

Highlights of Rapid eUnderwriting

• For clients ages 18 through 40.

• Guaranteed Level Term product in 10-, 15- or 20-year durations with coverage amounts from $100,000 through $500,000. (Note: The total face amount written in the past 12 months plus the amount being applied for cannot exceed $500,000.)

• Clients will appreciate the convenience, speed and privacy of the process. For example:

o No lab work or paramedical exams are required.

o A tele-application consisting of a 20- to 40-minute client interview.

o An expedited underwriting process, which allows policies to be turned around in a matter of days.

LifeCare, from John Hancock, is a whole life policy with long-term care benefits, can be an ideal solution for clients who want a single premium product that addresses two important needs. Call the Partners Advantage Life Express Team at ext. 704 for complete details.

Increase TransTerm^SM Sales with TOP
 Transamerica Opportunity Program (TOP) on TransTerm^SM. TOP is now available on all durations of TransTerm, including 10-, 15-, 20-, 25- and 30-year policies. Call extension 704 for more details.

Effective January 31, 2011

Small annual premium increases up to 2% will occur on the 20 year plan for all non-tobacco and tobacco classes

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Applications for the current Champion Term product must be received in our Cedar Rapids administrative office by 3:00 pm CST on February 28, 2011. This must be a signed application with all fields completed and include all necessary forms required at the time of submission

1. New non-medical band 25,000-99,999 for Standard Non-Smoker and Standard Smoker(based on age)

2. Trendsetter product is terminated as of 1/21/11, new product TransTerm(3% higher)

3. Top  15/25 program(up to 1 million dollars of life insurance without an exam0  will now be using TransTerm product.

On Jan. 6, 2011, Genworth announced they will suspend sales for their Total Living Coverage® Annuity in all available states, with the exception of South Dakota which is pending approval. Effective February 7, 2011 the Genworth Financial companies will no longer accept new applications for its Total Living Coverage® Annuity. Existing contract holders will experience no change – the terms and conditions of existing contracts will not change.

This will effect the 10,15, 20, and 30 year term.

Metlife-New Product-Promise WholeLife