Bi-Weekly update from MVP Financial
Bi-Weekly update from MVP Financial
Dear Most Valued Partner, Welcome to the new issue of MVP's News2Use. As always, we hope you find this newsletter to be helpful and forward it on to a colleague. If someone has forwarded this to you, please consider subscribing --> Manage My Subscription 
  APR 19 2022

Banner Process Change for Paper Applications

Banner has developed an alternative to their traditional paper life insurance application (LIA). This new application is a fillable PDF and is now accessible in the Paper Apps and Forms section.
Beginning May 12, all paper applications, regardless of which version is used, will be processed through Banner's digital platform enabling your customers to take advantage of all its benefits, including accelerated underwriting. This change does impact your customer's experience, and we need your help to set expectations.
Not clear yet? Contact MVP

Prepare NOW for eApps ONLY with OneAmerica

If you are still submitting your OneAmerica business on paper, there's no better time than the present to get started with electronic submission. OneAmerica will be making the formal move to exclusive eApps in a few months. All electronic submissions for OneAmerica applications are already available on our website through iGo.
To help with this transition from paper to electronic submission, OneAmerica has created this eApp Prep Sheet to use with your applicants and this eSignature Process Video for agents.

Reducing the Impact of Market Volatility 

At the end of the month Nationwide will be adding two new index options to their current IUL Accumulator II product to address growing concerns about market volatility. This addition is designed to address a wider range of need, including the flexibility to make changes as your clients’ priorities and market circumstances shift. Nationwide Announcement
There are multiple reasons to choose Nationwide for IUL products, including the fact that their IUL products are designed to deliver more of what your clients want and less of what they don’t. Request an IUL quote from MVP

Intentional Planning for Beneficiaries

Legacy planning is a strategy that enables clients to take an active approach to ensure their beneficiaries receive what they’ve intended. Help clients take early action and plan for the taxes that could erode their legacy, paying attention to the effect of the SECURE Act. By tapping into the power of life insurance, clients can get death benefit protection they need and the tax advantages they want. 
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This Information is for Advisors Only and Subject to Change. Not for Consumer Distribution. 
The information is not intended as investment or tax advice and is not a recommendation about managing or investing,
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