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Official annoucement coming in the next couple of days. Formal applications must be in-house by Wednesday, May 29, 2013.
Lincoln Financial Group - Pulling All GUL Products in NY
- Thread starter Brokers Alliance
- Start date
We're running out of carriers for SGUL...Pru, Companion, and Mass may be the only ones left (who am I missing?). Met did this in NY and two months later they did it nationally. I wonder in Lincoln will do the same thing.
- Thread starter
- #3
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Offical Announcement:
Important Product Annoucement for New York (PREVIEW)
The continuing low interest rate environment combined with the lack of new product approval by New York Department of Insurance have led to Lincoln Financial's decision to suspend sales of products with secondary guarantees in New York. This move brings an end to a long run of "below market" pricing with Lincoln in the state and with it, a sense of urgency in obtaining coverage during the transition period.
Important Product Annoucement for New York (PREVIEW)
The continuing low interest rate environment combined with the lack of new product approval by New York Department of Insurance have led to Lincoln Financial's decision to suspend sales of products with secondary guarantees in New York. This move brings an end to a long run of "below market" pricing with Lincoln in the state and with it, a sense of urgency in obtaining coverage during the transition period.
It probably is...AG Secure Survivor is not in NY (If you were referencing my post). I keep hoping that William Penn will come out with one (SGUL)...I guess not in this market.
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