FEXquotes/UHL Update

[rousemark]

Fexquotes has updated the UHL rates. The place where they seem to take the biggest increase is on their "diabetic" plan.. The Deluxe SIWL.

 

[Mark]

Age Last Birthday!

Our whole life products are moving to age last birthday (ALB). This change positions us well with our competitors. Effective 12/1/12, in all states where approved.

Modal Factor Reductions!

New Modal Factors for ALB Whole Life Products:
* Semi-Annual: .515
* Quarterly: .260
* Monthly PAC: .087
* Direct Monthly Bill: .095

No More Commission Cut!

We've eliminated the 10% commission rate reduction for ages
71-80 on our three ALB Express Issue Whole Life products! Now earn the same commission rate for any issue age!

Rate Changes!

For ALB Whole Life Products, some rates will go up, some will
go down. Our Quick Quote engine on our agent website will
reflect the changes, effective December 1, 2012 for all states
where approved.

No-Cost Terminal Illness Rider!

Now available on ALB Express Issue Deluxe and Premier Whole Life products - at no charge - in all states where approved.

Quick Quote Update:

* Quick Quote is being updated with the new rates for those states in which the Age Last Birthday Whole Life products are approved. We've added a state field on the quoting input screen to ensure the correct rates are used in the calculations. Effective 12/1/12. UHL Quick Quoting - Menu The password is colts to do a quote.

Under age 55 is not their market.

Im attaching something where I compared the new and old rates.