800.869.1DBS WE MAKE DOING BUSINESS EASIER AND MORE PROFITABLE FOR YOU.
AG49A

AG 49A Deadline Announced for December 14th

AG 49-A, the third phase of Actuarial Guideline 49 originally adopted by the NAIC in 2015, goes into effect for most carriers on December 14, 2020. This phase mandates that illustrations for all Indexed Universal Life policies placed inforce after the deadline cannot include interest enhancement credits or multipliers.

If you have any current cases involving IUL policies that offer enhancements or multipliers it is critical that you meet the deadline or risk having to start over with new illustrations. Not to worry as Diversified Brokerage Services is the place to go for information so the transition is EASY for you!

We have all the information at our fingertips including all the carrier-specific product details and important dates and deadlines.

The deadline varies by carrier, so please contact your DBS Case Design Analyst more details!

View FAQs

 

Related Posts

DBS Welcomes Bill Brauer

Diversified Brokerage Services Names William W. Brauer, Jr. as Point of Sale – Advanced Markets Senior Consultant Minneapolis, MN – February 22, 2021 – Diversified Brokerage Services, Inc. (DBS) announced the addition of William W. Brauer, Jr. to its external sales team as a Point of Sale – Advanced Markets Senior Consultant. In this newly created position, Bill will […]

Irrevocable Life Insurance Trust Checklist

Medical Inquiry Where a trust has not yet been established it is possible to begin the medical underwriting process with the insurance carrier by submitting what is often referred to as a “trial application.” The purpose is to verify insurability. Premium should not be collected at this point. Since premiums are not collected the insured […]

The 7 Steps to Gift Transfers

Given the amount that an individual can give away without incurring gift taxes is at a historic high and the prospect that in the near future this amount could decrease significantly many of your high net worth clients may be considering significant lifetime gifts this year. There may never be such an opportunity again, but […]

Website is for agent use only. Not for use with the general public. Privacy Policy | Terms of Use

Securities offered through The Leaders Group, Inc. Member FINRA/SIPC. 26 W. Dry Creek Circle, Suite 800, Littleton, CO 80120, 303.797.9080. Diversified Brokerage Services is not affiliated with The Leaders Group, Inc.

Before investing, research the background and registration status of any firm or financial professional you are considering dealing with at: http://brokercheck.finra.org/