At Protective Life, delivering what’s promised is a decision — one we make every day — and doing the right thing is the foundation of everything we do. Therefore, we want to inform you about a key change in the state of Oklahoma. Effective November 1, 2019, Oklahoma revised their Appointment of Producer Licensing Act (36 Ok St. Ann 1435.15) to make pre-appointment required for all agents selling life and annuity business.
We’ll be replacing and removing several products within our portfolio before the end of 2019 to reflect the 2017 Commissioner’s Standard Ordinary (CSO) Table and Principle-Based Reserving (PBR) requirements. We’re providing you this information now to help you plan for a smooth transition for you and your clients before January 1, 2020.
As we near the end of the year, the following holiday schedule and year-end business processing guidelines will help expedite your business during this time.
Read how our underwriting team worked with a BGA to go the extra mile and came away with a win for the BGA, agent and client.
Don’t forget to join us November 7-9 at the 38th NAILBA Annual meeting in Dallas. Visit booth 216 to learn how Protective Velocity — our end-to-end suite of digital capabilities — can help you speed up production, deliver policies faster and easier, and drive your business forward.
Earlier this month, we hosted a webinar on Medicare Myths, Mistakes and Opportunities — highlighting the most common and costly misconceptions about Medicare. Access this recording to understand why Medicare is a much bigger problem than most think and what it can mean to your business.
We know that underwriting is a pivotal part of a successful sales process. That’s why we continue to make enhancements to our underwriting guidelines that can make doing business with us easier and more client-friendly.