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Marketing |
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LIMRA News (S.A.SC.B/PR.G)
Check out the latest selling ideas from LIMRA on Income Annuities. One of the annuitization objections listed in the publication concerns inflation in the future. Guess who just came out with an SPIA that has a CPI feature? AIG American General, of course! Another objection: What if the insurance company goes out of business? No worries, we're part of the largest insurance company in the world! Make sure your clients know that AIG American General is their income annuity source.
(If you can read this)...click here. (S.L.NP.B.PR.H)
Do you have clients with a need for strong death benefit protection plus cash accumulation, a product with competitive underlying cost and product performance, global diversification, and a 2½ percent interest guarantee? Then, mark your calendars! Our bilingual AIG Elite Global IUL Webcast will take place April 5 at 11:00 CDT.
Swift Pitch (S.A.SC.B/PR.G)
Learn more to earn more! Check out the new e-learning sections in the AIG Illustration Systems software. |
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Products |
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ContinUL Extend and Elite Universal G Product Enhancements (S.L.PC.B/PR.H)
In late April 2007, American General Life will release product changes that will simplify our universal life portfolio and provide better, more consistent pricing for our ContinUL Extend and Elite Universal G products.
AIG EmergencyCare Benefits Now Packaged Three Ways (S.A&H.PC.B/PR.H)
Based on input from our top producers, we've developed three levels of coverage that wrap the popular features of AIG EmergencyCare into neat packages.
Stat e Approvals (S.L/A/A&H.OT.B/PR.G)
Please visit www.aiglifebrokerage.com for the current State Approvals listing.
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New Business |
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Doubled Retention Limits and Increased Auto-bind Capacity AND Introducing New Preferred Credits on Large Cases (O.NB/U.OT.B/PR.H)
American General Life and United States Life have approved a substantial increase in our retention limits and we have increased our auto-bind capacity for permanent business. We are also introducing new underwriting credits that will result in more competitive offers on certain preferred cases. Read the field bulletin for further details.
Revised Applications Project Update (O.NB.F.B/PR.H)
As we've announced previously, American General Life has revised and re-filed our life insurance application forms. The new forms are currently available on FastForms, via our Web site, www.aiglifebrokerage.com. Old forms for approved states will no longer be accepted after May 1, 2007. As the new forms are approved in other states, you will have a 60-day window to phase out the old forms. Georgia and Virginia have recently approved the new forms and old forms will not be accepted after May 31, 2007 for those states.
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Licensing & Commissions |
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Reminder of Debt Collection Procedures (C.L/C.P.B/PR.H)
When an unpaid debit balance is more than 60 days overdue, the debt will be pursued through a collection agency or it will become the responsibility of the agent's IMO. See our field bulletin to learn more about this process.
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March 30, 2007
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