Secure Care - Dixon Wells

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"Secure Care" is a new single premium UL policy designed to provide a guaranteed death benefit, monthly indemnity long t
Minnesota Life's New Secure Care Linked Benefit Product "Secure Care" is a new single premium UL policy designed to provide a guaranteed death benefit, monthly indemnity long term care benefit, and a refund of premium option in the 6th year (graded over a 5 year period). Secure Care can be customized to provide long term care protection from two to seven years. To protect against rising long term care costs, an optional inflation protection option can be selected. For more information, please click here. Protective New ExtendCare Rider Protective Life introduced a new optional ExtendCare Rider which can be added to the Advantage Choice UL and Indexed Choice UL. The new ExtendCare Rider removes the "permanent loss" from the two of six Activities of Daily Living requirement and waives monthly deductions for as long as the policy is in force if insured is certified as chronically ill for three consecutive benefit periods. For full details and transition rules, click here. IUL Clarified with AG49 Article from Life Trends Life Trends has provided an informative article concerning the industry's innovative approach to countering the new AG49 regulation. Because the recent regulation requires carriers to essentially illustrate a common interest rate, carriers are differentiating themselves through various

forms of interest bonuses, spread death benefits, alternative crediting approaches, and volatility control accounts. The article analyzes the various crediting methods and provides an overview of what advisors are recommending to their clients. Please click here to access.

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