MONTHLY OVERVIEW: April Updates, Recaps and Department News
April 2022 Special Webinar Replay Barclays Focus50 Index Custom, Volatility-Control Index
Topics
Presenters: Alexander Haugh Mackenzi Swenson
EquiTrust Continues Solid
Year-End Data Shows RBC and Solvency Ratios Higher
When presenting financial products to your valued clients, you want a carrier that strikes the right balance between attractive product features, competitive pricing and strong financials. On the financial front, EquiTrust remains resilient with secure financial measures. Learn more and share with your clients the linked resources below.
Qualification Period Ends June 30 September 11-15, 2022
Enjoy the majestic beauty of Jackson Hole, exhilarating outdoor adventures, and the luxurious 5-star Four Seasons Resort – as a qualifier of an exciting travel incentive from EquiTrust.
Minimum Production Requirement: $1.5 million in 5-or-more cases. Invitations will be extended to the top-30 producers for the six-month qualification period of January 1, 2022 to June 30, 2022; we're halfway there! Qualifying business must issue by July 15, 2022.
For more details, click here
Sales-Idea Recap
Sales Ideas! Sent to You in April Issues of
Full Comp to Age 80 on Index Annuities
The Retirement Mountain – Accumulation Then Income – Annuities Meet Both Objectives
Attractive Alternatives for Maturing CDs
The Trust-Me Annuity You Really Can Trust – ChoiceFour Annual-Reset Annuity News Briefs Administration Mailing of Form 5498 for 2021 IRA Contributions Now that the tax filing deadline for making 2021 IRA contributions has come and gone, Form 5498 reporting of those contributions is required. The printing and mailing of the 2021 Forms 5498 will occur by the deadline of May 31, 2022. Training Revised NAIC Model Regulation Adopted in 23 States – The National Association of Insurance Commissioners (NAIC) revised the Suitability in Annuity Transactions Model Regulation 275 in February 2020. Currently, 23 states have adopted the Regulation:
The revisions require completion of EITHER a 1-hour General Annuity Training CE course available to producers who have taken the previous NAIC Annuity Suitability training, OR a new 4-hour General Annuity Training CE for those who have not taken it previously. General Annuity Training CE must be completed with a training vendor approved by the state in which they are selling.
Before doing business in these states, agents must fulfill the General Annuity Training requirement and provide a certificate of completion to EquiTrust prior to soliciting or selling. Send by FAX to 515-226-5102, or email: [email protected]. For information about General Annuity Training vendors, visit Agents.EquiTrust.com. In the upper right corner, click Agent Training. Or, click here.
Carrier Product Training – No additional or new requirement EquiTrust agents must also complete EquiTrust annuity product training. The product training requirement is not impacted by the revised Model Regulation. To complete EquiTrust Annuity Product Training visit Agents.EquiTrust.com, then click Agent Training in the upper right hand corner. Or, click here. You may view your personal training history upon login to the Agent Gateway website.
866.598.3694 Agents.EquiTrust.com Products underwritten and issued by EquiTrust Life Insurance Company, West Des Moines, Iowa. Products distributed by EquiTrust Insurance Marketing Services; in California doing business as EQT Insurance Marketing Services. IC22-ECN-1052 FOR PRODUCER USE ONLY EquiTrust 7100 Westown Pkwy Suite 200 |