Weekly Reporter – May 11th, 2015

Sales ideas for maximizing Social Security benefits, a video on creating income streams in unexpected places and more in this week’s newsletter.

Marketing Concepts
Maximizing Social Security Purchasing a life insurance policy and utilizing loans or withdrawals could help many clients delay and increase their Social Security benefits due to delayed retirement credits. Consider this case study where one couple is able to increase their benefits by 8% per year utilizing a permanent life insurance product’s cash value accumulation.  Increase Social Security Benefits Charitable Planning with Clients Prudential’s Charitable Planning marketing kit aggregates valuable content, offering insights to help uncover even more impact and how to measure achieving clients’ personal giving goals.  Insights to Help You Increase Your Impact Create Income Streams in Unexpected Places The life insurance industry is in the midst of a rapidly growing trend that’s changing the way people think about and use their life insurance as a part of their overall financial plan. This trend is Living Benefit Options, which can be used to turn an death benefit into a liquid pool of money that can be used for almost any reason.  To learn more watch this video Understanding How an IUL May Benefit Foreign Nationals International clients face complex financial planning challenges. A U.S.-based Indexed Universal Life policy may help them plan for the future. This LifeHealthPro article is a great piece to explain how an IUL works and how it may be able to help.  Help Plan for the future
Product Updates
Introducing Lincoln WealthAdvantage Indexed UL Lincoln introduces the newest member in its indexed UL portfolio, Lincoln WealthAdvantage Indexed UL. Designed for clients with a conservative market outlook who want to balance guaranteed features and growth potential, Lincoln WealthAdvantage Indexed UL offers cost efficient death benefit protection with cash value when protection is the focus, and effective tax-advantaged growth potential with opportunities for tax-efficient income when cash value growth and distribution are the focus.  Learn more in the Lincoln Leader Newsletter Using the Nationwide LTC Rider with Business Clients Now that the Nationwide long-term care rider is available on select business life insurance products, you have a number of ways to use it and add value for your business clients, such as including the LTC rider on insurance-based retirement plans. This will let you help business owner clients invest more for their own retirement, potentially accumulate gains tax deferred and take tax-free income during retirement.  Help owners invest more for retirement
Underwriting Updates
Updated Reinsurance and Retention Limits for Symetra Classic UL and SUL-G Update retention and automatic limits are now available for Symetra’s Classic UL and SUL-G products. With these new limits, Symetra can provide even more underwriting flexibility and competitive positioning in the universal life space.  More underwriting flexibility