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Month: June 2019

2017 CSO Launch…

Asset Care for Qualified Money

28 Jun 2019August 11, 2019
One funding approach that has been unique to Asset Care is the "self contained" funding strategy for qualified money and non-qualified deferred annuities.  In the original series product, these were…
2017 CSO Launch…

Q&A – Premium Modes for Asset Care

28 Jun 2019June 20, 2019
Question:  With the release of the "new" Asset Care, are the premium modes being changed? Answer: We have made changes to our funding options.  As we have done in the…
2017 CSO Launch…

Asset Care – Policy Changes

28 Jun 2019June 19, 2019
As with every product release, there are changes that come at the policy level.  This is true with Asset Care.  Here are a few changes that you MUST know. The…
2017 CSO Launch…

Asset Care Apps During Transition Period

21 Jun 2019June 20, 2019
For application submitted for "old" Asset Care who would like to change to the "new" Asset Care, here are the guidelines. If an application is pending but not approved by…
2017 CSO Launch…

Single Premium Drop In – NEW FEATURE

21 Jun 2019June 19, 2019
With the launch of the new Asset Care, a truly new feature is being introduced - the Single Premium Drop In Rider (SPDR).  This rider will be available only with…
2017 CSO Launch…

Q&A – “New” Waiver of Premium

21 Jun 2019June 11, 2019
Question: With Asset Care, how does the "new" waiver of premium work? Answer: With the updated Asset Care, the way the waiver of premium (WOP) functions has changed.  Simply, the…
2017 CSO Launch…

Waiver or Premium / Elimination Period

14 Jun 2019June 4, 2019
Let's take a look at two of the new features that you will find in the Asset Care product relaunch in July - waiver of premium and the elimination period.…
2017 CSO Launch…

Q&A -PA & MA

14 Jun 2019June 4, 2019
Question:  Will the "new" Asset Care be approved in Pennsylvania and Massachusetts? Answer: Yes!  The "full" product will be available.  This means that on July 1, joint policies will be…
2017 CSO Launch…

Asset Care Revisions Coming in July

7 Jun 2019May 29, 2019
This should come as no surprise.  Noise about Asset Care changes has been swirling around for months.  A couple weeks ago, we announced the changes that are targeted to roll…
2017 CSO Launch…

Q&A – Transition Rules for Asset Care

7 Jun 2019May 29, 2019
Question: What are the transition rules for Asset Care product launch in July? Answer: The transition rules for Asset Care are as follows: June 28, 2019 eApps must be locked…

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