Life Insurance Product and Underwriting Changes You Must Be Making Now

WEBINAR: Life Insurance Product and Underwriting Changes You Must Be Making Now

June 26, 2024 | 11:00 a.m. – Noon CST

On January 1, everything in the whole life market will change. Are you ready?

Upcoming life insurance valuation and nonforfeiture interest rates changes will allow insurers to decrease reserves and cash values, and thus decrease premium rates as well. This creates a situation where there’s no legal mandate to update your life insurance products, but there’s an absolute competitive necessity.

In this live webinar, we’ll discuss how life insurance valuation and nonforfeiture interest rates are determined, what the implications are for the competitive environment, and we’ll show some options as to how to update your products. We’ll also discuss another competitive necessity in life insurance, which is to modernize your underwriting process. We’ll present a very compelling and affordable way to make your underwriting process competitive again – and much better for you, your customers, and your agents.

Presenters:

Chris Conklin
Co-President and Consulting Actuary, Miller & Newberg, Inc.

Nicole Mwesigwa
Co-Founder & COO, iCover

Tom Wurfel
President, Allen Bailey and Associates, Inc.

Cost:

This event is complimentary to Alliance members. Non-members will be sent an invoice for $100 per person. Invoices must be paid regardless of live attendance; event will be recorded and the on-demand link will be shared.

 

DATE

June 26, 2024

11:00 – Noon CST