Bi-Weekly Update from MVP Financial Services
Bi-Weekly Update from MVP Financial Services
    Bi-Weekly Update from MVP Financial Services, Inc.                03/03/2020    
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Sales Opportunity
Do you have clients expecting to inherit qualified funds 
who are unsure of how to reposition their required RMDs? Use Asset Care Annuity Funding Whole Life to help turn an inherited, taxable part of an estate into a tax-free income stream to pay for qualified long-term care!
The SECURE Act eliminates the concept of “stretch IRAs,” which extended the tax-deferred status of an inherited IRA when it passed to a non-spouse beneficiary and Required Minimum Distributions (RMDs) aren’t required to be taken until age 72.
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Your Market Opportunity
There is a significant opportunity in this market for advisors. Female economic growth represents the biggest emerging market in the history of the planet -- more than twice the size of the emerging markets of India and China, combined! However, even with significant purchasing power, this segment of the market remains largely uninsured or under insured. 
Inforce Genworth Term Policies
If you have Genworth Financial or First Colony Life policies in your book of business that are coming to the end of their level-term period, you need to be aware that Genworth has made significant changes in their available options. 
Conversion of these term policies may not be favorable to your client unless conversion is a last resort due to medical history. Also, Genworth will no longer pay first year or renewal commissions on conversions.
Email MVP now for guidance
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Tailor to Your Clients' Needs
Whether you’re working with a business owner or an individual to solve needs using life insurance, one thing is for sure—each client’s needs are unique. That’s why Principal made it easy for you to start the conversation, gather the facts, and recommend solutions no matter the need. They packaged all the approaches in one convenient location, where you can see a quick snapshot 
Speed Up Policy Delivery to Your Clients
Legal & General America is offering an advisor incentive for choosing e-delivery through June 30, 2020. We are giving away prizes of $200, $125 and $50 to three MVP advisors that deliver Banner Life policies via e-delivery.  A minimum of five policies, e-delivered before Jun 30, 2020, qualifies your entry into the drawing. 
Get more e-delivery information here
This Information is for Agents Only.   Not for Consumer Distribution. 
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