Now is the time to redo your Life Insurance - major carriers warning agents of reprice coming
This is important if you are considering changing your life insurance policy!
Today we received a release that major carriers will be repricing life insurance. What this means to you is that new Life Insurance rules will force carriers to use a set of assumptions that may reduce cash values on permanent plans & increase rates on older clients, tobacco users, and clients with average health: Here's the notice:
If you want to know more about the guidline updates - here's the detail:
