ProdMod: North American Revises ADDvantage Term Rates

Published on September 22, 2026

FROM NORTH AMERICAN LIFE...

Upcoming ADDvantage Term Rate Changes

North American remains committed to their policyowners and distribution partners and to making decisions with the long term in mind. As part of that commitment, they are making rate changes to ADDvantage Term to help support the product’s long-term viability while continuing to offer a competitive term solution with standout features.

Effective Sept. 28, 2026, North American will revise level term and post-level term premium rates for ADDvantage Term.

Key product highlights

ADDvantage Term continues to be a competitive term life insurance solution offering additional value through included product features, such as:

  • Accelerated death benefit endorsement for critical, chronic, and terminal illnesses included at no extra cost, subject to eligibility requirements.
  • Full convertibility – Clients can convert their term insurance to permanent universal life coverage without underwriting.
  • 10, 15, 20 and 30-year level premium guarantee periods, depending on issue age.

Important transition dates

Electronic applications for ADDvantage Term The rate received will be determined by when the eApplication is locked, signed, and submitted.

  • eApplications locked, signed, and submitted on or before Sept. 27, 2026, will receive the current rates.
  • eApplications locked, signed, and submitted on or after Sept. 28, 2026, will receive the new rates.
  • If an eApplication is locked on or before Sept. 27, 2026, but is not signed until Sept. 28, 2026, or after it will be updated to the new rates. To receive the current rates, eApplications must be both locked and signed by Sept. 27, 2026.

Paper applications for ADDvantage Term

The rate received will be determined by the date the application is signed.

  • Paper applications signed on or before Sept. 27, 2026, will receive the current rates.
  • Paper applications signed on or after Sept. 28, 2026, will receive the new rates.
  • Paper applications should be received within 7 calendar days of when they are signed.

Please see the Formal Announcement from North American Life for additional details

Find out more about these changes from North American Life...

ProdMod: John Hancock Launches Core Term and Expands Flexibility

Published on September 22, 2026

FROM JOHN HANCOCK...

One portfolio. Three ways to win.

Introducing a more competitive term portfolio from John Hancock Whether your client prioritizes price, future flexibility, or the benefits of healthy living, John Hancock now offers a term solution designed to help you compete with confidence.

NEW! Core Term: Competitive protection made simple

For clients focused on price and reliability.

  • Leading, cost-efficient protection
  • Easy-to-understand, dependable coverage
  • An ideal solution when the primary concern is cost

Protection Term: More flexibility for what comes next

For clients who want protection today and more options for the future.

  • Enhanced conversion opportunities
  • Greater flexibility for future-planning needs
  • Strong balance of protection and value

John Hancock Vitality Term: Healthy choices can mean greater value

For clients who want coverage that complements their wellness journey.

  • Rewards healthy habits
  • Potential premium savings through participation in Vitality PLUS
  • Wellness-focused approach to life insurance

Transition rules

  • September 21, 2026: New applications for Protection Term 25 and John Hancock Vitality Term 25 will be accepted through Friday, September 18th 2026.
  • September 21, 2026 - October 16, 2026: For pending policies being issued between September 21, 2026 and October 16, 2026, the policy will be processed using the product originally selected. If you would like to change the product to the new 2026 product, please contact your New Business Case Manager to assist you. To issue policies with old rates, all pending applications must complete formal underwriting process and all administrative requirements must be received by John Hancock by October 16, 2026.

State approvals

  • Core Term is approved in all states except: Florida, New York, and Guam
  • Protection Term is approved in all states except: New York, and Guam
  • Vitality Term is approved in all states except: New York, and Guam

Please see the Term Portfolio Launch Flyer for additional details

Find out more about these changes from John Hancock...

ProdMod: John Hancock Launches New PIUL with Available Lifetime Guarantees

Published on September 21, 2026

FROM JOHN HANCOCK...

Introducing the enhanced Protection IUL

Lifetime guarantees. Greater potential. More ways to protect.

John Hancock’s Protection IUL just got even stronger with the addition of the optional Enhanced Death Benefit Protection rider. This new rider provides access to extended death benefit guarantees, including a lifetime guarantee option, while maintaining the opportunity for cash value growth. The guarantee duration can be customized to help align protection, premium, and client goals. There are no other changes to the base Protection IUL 26 product.

State approvals

Protection IUL 26 with Enhanced Death Benefit Protection rider is approved in all states except Florida and New York. Internal replacements may be available, please refer to the Internal Replacement Guidelines for additional information.

Please see the Protection IUL 26 Launch Flyer for additional details

Find out more about these changes from John Hancock...

ProdMod: North American Boosts Inforce Builder Plus IUL Cap Rates

Published on September 16, 2026

FROM NORTH AMERICAN LIFE...

Raised cap rates on select inforce IUL products

North American continues to find ways to bring more value to you and your clients—while making long-term decisions that help ensure they remain strong, stable, and well positioned to keep the commitments they’ve made to policyholders and distribution partners.

As part of that commitment, North American is pleased to announce a +0.25% increase to S&P 500 cap rates for the following previously marketed indexed universal life (IUL) insurance products:

  • Builder Plus IUL 2
  • Builder Plus IUL 3

No other cap, participation, or spread rate changes are being made to inforce business. These changes have taken effect for index segments that renew on or after September 14, 2026.

Software update

The illustration software was updated on September 14, 2026.

Find out more about these changes from North American Life...

ProdMod: Mutual of Omaha Expands Term Life Express Living Benefits to California

Published on September 11, 2026

FROM MUTUAL OF OMAHA...

Living Benefit Riders for TLE: Now Available in California

As of September 2, 2026, Term Life Express will now also include no-cost Living Benefit Riders in California.

The Living Benefit package will include three Accelerated Death Benefit Riders at no additional cost to the customer:

  • Chronic Illness
  • Terminal Illness
  • Critical Illness

Here’s What You Need to Know:

  • Sales effective date: September 2, 2026
  • Now available in California and all other states, except New York.
  • All marketing materials are now available on Sales Professional Access (SPA)
  • The Living Benefit includes three Accelerated Death Benefit Riders
    • May vary by state
  • No-cost riders
  • No additional underwriting required

Transition Rules:

For applications signed prior to September 2, 2026:

  • These will require Form L8584 to be completed during underwriting or upon delivery for the Accelerated Death Benefit Rider.

For apps signed September 2, 2026 and later:

  • These will require Form L49500 to be completed during underwriting or upon delivery for the Accelerated Death Benefit Rider.

Find out more about these changes from Mutual of Omaha...

AdminUpdate: Principal Broadens Accelerated Underwriting and Non-Tobacco Eligibility

Published on September 9, 2026

FROM PRINCIPAL...

Accelerated Underwriting Expansion

Principal has expanded their Accelerated Underwriting (AU) to support eligible cases with face amounts up to $5 million. By leveraging advanced digital evidence earlier in the underwriting process, more qualified clients can receive decisions with less friction and fewer requirements. This broader AU lane allows more cases to move forward efficiently, helping reduce delays and improve the overall client experience.

Please see Accelerated Underwriting Overview for additional details

DHD in lieu of APS

Principal is also increasing their use of digital health data (DHD) as an alternative to the traditional Attending Physician Statement (APS) when appropriate. For eligible cases, DHD can provide the information needed to make underwriting decisions without waiting for medical records to be requested and delivered. This helps minimize one of the most common sources of underwriting delays while maintaining the confidence, consistency, and integrity you expect from Principal’s underwriting process.

New Nicotine Pouch Guidelines

Principal has updated its underwriting approach for Zyn and other nicotine pouch users to better reflect non-combustible nicotine use. Qualifying applicants may now be eligible for non-tobacco rates when the following requirements are met:

  • Nicotine pouch use must be admitted on the application.
  • CRL must be used for laboratory testing.
  • Labs must be fresh—four weeks old or less, with testing available through week five.
  • CRL testing must confirm non-combustible nicotine use.
  • The updated guidelines do not apply to vaping.
What do these improvements mean to you and your clients?
  • More opportunities for faster decisions on eligible cases
  • Fewer underwriting requirements when digital evidence provides what’s needed
  • Less time spent managing APS delays and follow-up
  • A smoother experience for clients from application to policy issue

Find out more about these changes from Principal...

ProdMod: Security Mutual Debuts Two Whole Life Designs

Published on August 31, 2026

FROM SECURITY MUTUAL LIFE...

Introducing the Security Whole Life Series

Security Mutual Life is pleased to introduce a new Security Whole Life Series of participating whole life insurance products, beginning with SecurityFlex, a new LPIO0, and SecurityPro, a new LP121, effective September 1, 2026. These competitively designed products will replace the current Security Designer WL4U3 series LPIO0 and LP121 products, which will be discontinued effective September 1, 2026. The Security Designer WL4U3 LP65, 10 Pay and WL4U2 Unisex products will remain available.

A new life insurance application will be published and available referencing the new Security Whole Life series and will be required for all products starting September 1, 2026. Any application submitted after September 1, 2026, must use this new application, or the application will be returned.

A new lien-based Chronic Illness Accelerated Death Benefit Rider will be introduced for the new product series (SecurityPro and SecurityFlex). This new rider will not be available on the WL4U3 LP65, 10 Pay, or the WL4U2 Unisex products. Additional details regarding the Chronic Illness Accelerated Death Benefit Rider for these products are outlined below.

The SecurityPro and SecurityFlex bring enhancements to the Paid-Up Additions Rider and the Term and Paid-Up Combination (Combo) Rider, in addition to two new riders, the Combo Encore Rider, and the Children's Term Insurance Benefit Rider. These changes are only applicable to the new SecurityPro and SecurityFlex products, and will not be available on the Security Designer WL4U3 series or the WL4U2 Unisex. Additional details regarding these new riders and enhancements are outlined below.

Products in the new Security Whole Life Series feature a contractual maturity age of 121, allowing coverage and policy values to continue through advanced ages in accordance with the policy's terms. The Security Whole Life Series is designed to help support specific customer needs.

KEY DATES

  • August 28, 2026
    • Illustrations for the new Security Whole Life Series (SecurityPro and SecurityFlex) will be available on or about this date.
  • August 31, 2026
    • Applications received or pending for the Security Designer WL4U3 LPIO0 and LP121 will be processed as a Security Designer WL4U3 series product.
    • Agents wishing to change pending Security Designer WL4U3 LPl00 and LP121 submissions to the new Security Whole Life Series will be required to submit a new application.
  • September 1, 2026
    • Applications for Security Designer WL4U3 LPl00 and LP121 received in the Home Office on or after this date will be returned.
    • Note: Applications have been revised. As of this date, all submitted applications must use the most current application version.
  • December 31, 2026
    • All policies issued for the Security Designer WL4U3 LPlO0 and LP121 must be paid and placed in force by this date. All WL4U3 LPIO0 and LP121 policies not placed in force prior to January 1, 2027, will be processed as Not Taken.
    • Note: Effective this date, all pending applications for Security Designer WL4U3 LPlOO and LP121 require submission of a new application for the Security Whole Life Series. Pending applications without a replacement application will be withdrawn.

Please see the Formal Announcement from Security Mutual Life for additional details

Find out more about these changes from Security Mutual Life...

AdminUpdate: Symetra Upgrades Qualifying IUL Offers Through Year-End

Published on August 26, 2026

FROM SYMETRA...

2026 Automatic Upgrade Program: Taking Offers To New Heights

Effective August 24, 2026, Symetra is automatically upgrading qualifying IUL offers to Preferred or Super Preferred. Insurance Affiliates can access more competitive illustrations on eligible new and pending cases.

Upgrading Standard Offers on IUL

  • Protector IUL
    • Standard or better upgraded to Preferred
    • Up to $5 million of coverage
    • Eligibility is dependent upon available retention
  • Accumulator Ascent IUL
    • Standard or better upgraded to Super Preferred
    • Up to $10 million of coverage
    • Eligibility is dependent upon available retention

Who Qualifies

  • Age 60 or younger(insurance/issue age)
  • Standard or better
  • Full and Accelerated Underwriting
  • Domestic and HNWFN business
  • Tobacco Use Applicants
    • Standard Tobacco upgraded to Preferred Tobacco

Exclusions

  • Standard offers developed through GLRs
  • SwiftProtector cases
  • In force policies
  • Coverage above the program maximums

Important Dates

  • August 24: Program launch
  • December 11: Last day for informal offers
  • December 18: Formal applications must be received
  • December 31: Policies must be issued and placed; 1035 exchanges must be initiated

Disclosures

  • Program offers may not be combined between Accumulator Ascent IUL and Protector IUL. Offers for the same insured must be for the same product, subject to the program limits.
  • Backdating to save age is not permitted.
  • High-Net-Worth Foreign National (HNWFN) applicants who reside in a “C” country are not eligible for this program
  • Upgrades apply automatically to qualifying cases with no special opt-in required.
  • New Business and Underwriting will proactively revisit offers on cases approved June 1st and later that are not in force
  • In-force policies are not eligible.

Find out more about these changes from Symetra...

ProdMod: Securian Raises Inforce IUL Caps and Participation Rates

Published on August 17, 2026

FROM SECURIAN...

IUL policy rate increases

At Securian Financial, their mutual heritage means they focus on long-term value - not short-term trends. This commitment has been demonstrated by strong historical interest crediting for their indexed universal life (IUL) policyholders and continues today with increases in caps & participation rates on many inforce IUL policies. These increases are a direct reflection of their enduring financial strength and disciplined management through all market environments.

As always, Securian’s goal is to help you deliver lasting value and confidence to the clients who trust you with their financial future.

New rates take effect August 22, 2026

Premium received and index segments created on or after August 22 will receive the new rates. Premium received by August 21 will continue to use current rates. Illustrations will update on August 22, 2026.

Please see the Formal Announcement for additional details

Find out more about these changes from Securian...

New York Life Asset Flex Leads Key ABLTC Designs

Published on August 13, 2026

The latest update to the Asset-Based LTC Benchmarking available on AIN Essentials included an eye-opening performance by New York Life.

Their recently updated Asset Flex product now offers either Reimbursement or Indemnity benefits and is crushing all competitors in some designs.

More specifically, if you have clients in their mid 60s to age 70, there are multiple designs where New York Life Asset Flex is the best-priced product against all competitors for both benefit types!

Male, Age 70 | 3% Compound | $100,000 Single Pay | Reimbursement Benefits

  • 4 Year Benefit @ Age 80
    • New York Life: $7,980 per month
    • Nearest Competitor: $6,143 per month
    • A benefit increase of 30%!
  • 6 Year Benefit @ Age 80
    • New York Life: $7,479 per month
    • Nearest Competitor: $5,928 per month
    • A benefit increase of 26%!

Click here for the illustrations

Male, Age 70 | 3% Compound | $100,000 Single Pay | Indemnity Benefits

  • 4 Year Benefit @ Age 80
    • New York Life: $6,793 per month
    • Nearest Competitor: $5,843 per month
    • A benefit increase of 16%!
  • 6 Year Benefit @ Age 80
    • New York Life: $6,041 per month
    • Nearest Competitor: $5,575 per month
    • A benefit increase of 8%

Click here for the illustrations

Female, Age 65 | No Inflation | $10,000 10-Pay | Reimbursement Benefits

  • 4 Year Benefit
    • New York Life: $6,907 per month
    • Nearest Competitor: $5,453 per month
    • A benefit increase of 27%!
  • 6 Year Benefit
    • New York Life: $6,454 per month
    • Nearest Competitor: $5,150 per month
    • A benefit increase of 25%

Click here for the illustrations

Female, Age 65 | No Inflation | $10,000 10-Pay | Indemnity Benefits

  • 4 Year Benefit
    • New York Life: $6,401 per month
    • Nearest Competitor: $5,453 per month
    • A benefit increase of 17%!
  • 6 Year Benefit
    • New York Life: $5,801 per month
    • Nearest Competitor: $5,150 per month
    • A benefit increase of 13%

Click here for the illustrations

This pattern plays out over and over again across other designs, with New York Life occupying the #1 competitive position in all four benefit designs:

  • 4-Year Reimbursement
  • 4-Year Indemnity
  • 6-Year Reimbursement
  • 6-Year Indemnity

And it’s not just the older ages. Asset Flex is winning cases from age 55 to 70 for both males and females. If you haven’t been running them on your Asset-Based LTC cases, you’re missing a great price from an insurance company with impeccable financial ratings and a long history in the LTC market.

Reach out to Mike Johnson, Mike.Johnson@advantageinsurance.com, on the AIN team to learn more!

ProdMod: Lincoln Term Pricing Gets More Competitive

Published on August 13, 2026

FROM LINCOLN FINANCIAL...

Pricing Improvement: Lincoln LifeElements and Lincoln TermAccel

Effective August 10, 2026

Lincoln Financial’s latest pricing update reinforces their focus on becoming your partner of choice for Term products that deliver affordable premiums, flexible options, and a streamlined application process—including automated underwriting, lab-free consideration and real-time offers for eligible clients.

Effective August 10, 2026, Lincoln has announced pricing improvements to Lincoln LifeElements Level Term (2019) - 08/10/26 and Lincoln TermAccel- 08/10/26. Both products offer affordable term life insurance with level premium periods of 10, 15, 20 and 30 years.

Transition Guidelines

For states that are approved at rollout, there is a 30-day transition period which begins on August 10, 2026, and ends on September 9, 2026. Applications received on or after September 10, 2026, will receive the new pricing. During the transition period:

  • New applications received and applications currently in underwriting will automatically receive the lowest rates available.
  • For policies already issued, Lincoln will accept a written request to change to the 08/10/26 rates.
  • For policies already placed, normal internal replacement guidelines apply. Rewrites will not be allowed.
  • For states available after rollout, the above will automatically apply based on the availability date.

For additional details, see the Formal Announcement

Find out more about these changes from Lincoln Financial...

ProdMod: John Hancock Launches Protection Survivorship IUL 26

Published on August 13, 2026

FROM JOHN HANCOCK...

Build Smarter. Designed to Win. Introducing Protection SIUL 26

You now have a more powerful survivorship solution for your estate- and legacy-planning cases: Protection Survivorship IUL 26.

Built on John Hancock’s leadership in the survivorship market, this next-generation product is designed to help you win more cases with a smart combination of pricing, guarantees, and indexed growth potential — all in one cost-efficient package.

What's new:

  • Lower premiums where it matters most: Reduced costs across funding designs, with meaningful improvements for single- and short-pay scenarios.
  • Extended guarantees: Flexible protection options, including guarantees up to age 100 and the Enhanced Death Benefit Protection rider.
  • Smarter growth potential: Introducing the SimpleLock Capped Indexed Account to help manage market volatility, along with SmartStart segments for simpler annual reviews.

Transition Rules

State approvals Protection SIUL 26 is approved in all states except: Florida & New York

  • August 21, 2026
    • If seeking an informal offer — the John Hancock home office must receive a Protection SIUL 24 illustration signed by the insured and owner, and a tentative underwriting decision must be obtained by this date.
    • If seeking a formal offer — the John Hancock home office must receive a Protection SIUL 24 application signed by the insured and owner by this date. An illustration on the case is also required.
    • For a term conversion — the John Hancock home office must receive a term conversion application signed by the insured and owner by this date.
  • October 23, 2026
    • By this date, John Hancock must have provided a final underwriting offer, received all administrative requirements to issue the policy, and received confirmation to proceed with the 1035 Exchange (if applicable).

Please see the Transition Rules for additional details

Find out more about these changes from John Hancock...

AdminUpdate: Securian Increases Retention to $10M for Large Cases

Published on August 7, 2026

FROM SECURIAN...

More confidence when it matters most

Effective August 1,2026, Securian Financial increased their internal retention limit to $10 million, expanding their ability to support larger and complex individual life insurance cases, giving you another reason to consider Securian for your larger opportunities.

How this can help

  • More flexibility when structuring jumbo and multi-carrier cases
  • Expanded capacity for clients with higher face amount needs
  • More confidence when considering Securian Financial for larger opportunities

Review the flyer or visit our website for additional details, then contact your dedicated sales team to discuss your next opportunity.

Please see the Reinsurance Capacity & Retention Limit Flyer for additional details

Find out more about these changes from Securian...

AdminUpdate: Symetra Expands High-Net-Worth Foreign National Program Capacity

Published on August 7, 2026

FROM SYMETRA...

Enhanced high-net-worth foreign national program launches August 6

Today’s high-net-worth clients may live or come from all over the world, but many share the same life insurance needs.

Symetra’s experience and expertise in the high-net-worth foreign national (HNWFN) market can help clients with U.S. ties navigate the complexities of generational wealth transfer with specialized underwriting guidelines and customized solutions designed specifically for them.

Effective August 6, Symetra has launched their enhanced HNWFN program. Enhancements and key highlights include:

  • Expanded capacity to $30 million, with a $50 million jumbo limit.
  • Improved underwriting risk classifications for key metropolitan areas.
  • Accessible to clients with minimum global net worths of $1 million.
  • Face amounts starting at $1 million for permanent insurance and $3 million for term.
  • Broad issue-age ranges of 20–75 for “A” and “B” countries and 20–70 for “C” countries.
  • Eligibility across Symetra’s fixed permanent and term life insurance products, with full underwriting up to Table D.
  • Streamlined policy delivery available through limited power of attorney (LPOA).

Review Symetra’s HNWFN program guide for complete details.

Find out more about these changes from Symetra...

AdminUpdate: Prudential Enhances Large-Case Exam-Free Underwriting

Published on August 6, 2026

FROM PRUDENTIAL...

Underwriting Comprehensive Physical Program

Good News for Large Amount Applications

Upon request, Underwriting will review and potentially utilize a client’s existing physician’s medical records in lieu of traditional age and amount exam requirements, for new business applications with face amounts between $5,000,000 and $75,000,000, where the offer is Standard or better.

Program Eligibility

  • US residents only
  • Ages: 25 to 65
  • Minimum Face Amount: $5,000,000
  • Maximum Face Amount: $75,000,000
  • Products: All Prudential term and permanent products, including survivorship
  • Risks: Standard or better offers
  • Normal financial underwriting guidelines apply

Notes:

  • Total Prudential coverage allowable under this program is $75,000,000.
  • Auto Issue limits apply and may be subject to reinsurance retention/capacity.
  • Excludes ALL high-profile clients such as professional athletes or celebrities.

Program Guidelines

Submission of full and comprehensive medical records including all chart notes and testing completed for the past five years is required.

Records must include the following:

  • Detailed annual physical with testing and lab work, completed within 12 months of planned policy delivery
  • Physical measurements from the physical must include height, weight, blood pressure, and pulse
  • Lab testing from the physical must include:
    • Complete Blood Count (CBC)
    • Basic Metabolic Panel with HbA1C testing (Fasting Blood Glucose may be submitted if the proposed insured is under age 50)
    • Lipid Screening o Urinalysis
  • EKG or other cardiac testing such as an Echocardiogram or Stress EKG performed within 24months of planned policy delivery (12 months if over age 60)

There are no exceptions to the above criteria.

Non-invasive requirements such as MIB check, Motor Vehicle Report, Data Verification Report, Medical Claim Data, and Pharmaceutical database checks are always collected per our age/amount requirements. Prudential Financial reserves the right to request additional medical and/or non-medical underwriting evidence on an as needed basis.

Find out more about these changes from Prudential...

ProdMod: Prepare for Prudential Founders Plus IUL Retirement

Published on August 6, 2026

FROM PRUDENTIAL...

Product Retirement Announcement

PruLife Founders Plus Index UL (Issue Basis 311)

Effective Friday, August 21, 2026, PruLife Founders Plus Index UL (Founders Plus) will no longer be available for sale in most states, please refer to state approval list.

The following rules apply to any request for New Business or Term Conversion.

IMPORTANT DATES (subject to state approval)

  • August 21, 2026 (Retirement Date): Founders Plus will be retired. All applications for Founders Plus must be signed and received by our Home Office by 4:00 PM ET on August 21, 2026.
  • October 23, 2026 (Issue Date): Last day that a pending Founders Plus case can be issued. All issued cases will be subject to placement rules as described in client’s policy package.
  • October 23, 2026 (1035 Exchange Date): Any Founders Plus case involving a 1035 exchange must be initiated/started by this date.

APPLICATIONS WITH PENDING OWNERSHIP ARRANGEMENTS

  • Updates to applications as part of establishing a trust or finalizing the ownership arrangement can be made after the application deadlines outlined in the Transition Rules. However, these cases must still meet the application deadlines for the original application and comply with all other deadlines outlined in the Transition Rules.

INFORMAL/INQUIRY APPLICATIONS

  • Informal/Inquiry applications will not be eligible for Founders Plus unless replaced by a signed live application that is received by 4:00 PM ET on August 21, 2026.

TERM CONVERSIONS

  • Term Conversions are subject to the same dates in the Important Dates section above. They must also be conversion eligible at the time of application.

Find out more about these changes from Prudential...

ProdMod: Lincoln WealthProtector IUL Now Approved in California

Published on August 3, 2026

FROM LINCOLN FINANCIAL...

Coming soon in California: Lincoln WealthProtector IUL

Effective August 10, 2026, Lincoln is pleased to introduce Lincoln WealthProtector Indexed Universal Life Insurance (IUL), a product designed for clients focused on protection with a flexible guarantee. Lincoln Financial’s third new product in Lincoln’s Elite IUL Portfolio, Lincoln WealthProtectorIUL will replace Lincoln WealthPreserve 2 IUL (2020).

Built for protection. Designed for life

  • Base No-Lapse Coverage Period
    • Earlier of 15 years or age 90
  • Flexibility to dial in the guarantee with the New Extended No-Lapse Rider II (ENLR II)
    • Allows for customization of the extended no-lapse duration (to age 100) based on needs and funding strategy
    • Available on DBO1 only
    • Replaces Extended No-Lapse Minimum Premium Rider (ENLR)
  • Extended and enhanced coverage with a New Guaranteed Policy Value Bonus
    • Provides a late duration, annual bonus guaranteed at 1.5% based on the average monthly policy value over the preceding policy year (net of loans).
    • Only available if DBO1 is elected at issue
  • Competitive compensation including a New Enhanced Target Premium
    • 15% target increases for 1st year premiums that reach 4 times the base target threshold.

Product availability and transition

Lincoln WealthProtector IUL replaces Lincoln WealthPreserve 2 IUL (2020) – 02/13/23. In California, there is a 30-day transition period that begins on August 10, 2026, and ends on September 8, 2026.

  • All formal applications for the Lincoln WealthPreserve 2 IUL (2020) – 02/13/23, including LincXpress Tickets, must be signed, dated, and received in good order in the Lincoln home office by the end of the transition period to qualify.
  • For applications or tickets that have been closed out, a new Part I or ticket packet must be submitted by September 8, 2026, otherwise, the case will be subject to the product availability at that time.
  • For cases with the owner listed as “Trust to be Established”, formal applications received in the Home Office by the end of the transition period and have been signed by the insured will still qualify as awaiting a trust to be set up is part of the normal course of business. The only paperwork that Lincoln will not require at submission is the executed Certification of Trustee Powers with the trustee/owner’s signature. It must be received prior to issue.
  • For pending business or policies already issued, Lincoln will accept a written request and a revised illustration to change to Lincoln WealthProtector IUL.
  • For policies already placed, normal internal replacement guidelines apply. Rewrites will not be allowed.
  • All placement-restrictive requirements, including premium, must be received at Lincoln in-good order by December 18, 2026, to be guaranteed for placement by December 31, 2025. For any pending Lincoln WealthPreserve 2 IUL case not placed by the deadline, the client must select a different product, or the case will be canceled.
  • For 1035 exchanges, the underwriting offer must be made, and 1035 exchange must be initiated by October 2, 2026.

Please see the Formal Announcement from Lincoln Financial for additional details

Find out more about these changes from Lincoln Financial...

AdminUpdate: New York Life Adds Large-Case Underwriting Capacity

Published on July 31, 2026

FROM NEW YORK LIFE...

New Facultative Obligatory (Fac-Ob) Reinsurance Program

New York Life has introduced a new Facultative Obligatory (Fac-Ob) Reinsurance Program designed to support eligible large-case opportunities by streamlining the reinsurance process.

For select individuals and products, New York Life can provide access up to $120 million of total coverage without separate reinsurer underwriting, helping streamline the underwriting experience for qualifying large-case opportunities.

For eligible cases, participating reinsurers rely on New York Life's underwriting assessment rather than conducting a separate facultative underwriting review. This allows for a more efficient reinsurance process while providing access to significant capacity for qualifying high-face-amount cases.

The program is available for select life insurance cases that meet established underwriting and program criteria, including:

  • Single and Joint Life retail products
  • Face amounts of $5 million or greater
  • Issue ages 18–70
  • Cases with ratings up to Table 4
  • Fully underwritten cases meeting program eligibility requirements

Certain cases are excluded, and all business remains subject to New York Life underwriting review and program guidelines.

If you're working on a large-case opportunity, engage your underwriting team early in the process. Early collaboration allows underwriting to determine program eligibility, coordinate the appropriate reinsurance strategy, and help position your case for the best possible outcome.

ProdMod: Transamerica Juvenile Whole Life Express Launch

Published on July 30, 2026

FROM TRANSAMERICA...

Accelerate your business with Transamerica’s Express solutions

New juvenile product: Juvenile Whole Life Express (JV Express)

  • Offers a guaranteed, cost effective permanent solution
  • Expands your ability to serve families and future generations

Please see the JV Express Toolkit for additional details

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ProdMod: Transamerica Retiring Three Final Expense Products Sept. 2

Published on July 29, 2026

FROM TRANSAMERICA...

Final Expense Solutions Portfolio

Immediate Solution, 10-Pay Solution, Easy Solution

Transamerica’s Final Expense Solutions Portfolio (Immediate Solution, 10-Pay Solution, and Easy Solution) is sunsetting September 2, 2026, as Transamerica continues their growth with Transamerica FE Express Solution (FE Express) — their modern, digital-first solution. Please familiarize yourself with the transition rules and product specifics below.

Transition rules:

  • All electronic applications must be signed and submitted to Transamerica on or before September 1, 2026.
  • Paper applications must be signed on or before September 1, 2026, AND received at the Home Office by 4 p.m. ET/3 p.m. CT, on September 30, 2026.
  • No new applications can be signed/submitted after September 1, 2026. After September 1, 2026, the FE Express product/Bestow e-App platform will have to be used.
  • Once an application is closed, it cannot be reopened.

Please see the Formal Announcement for additional details

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