Bi-Weekly Update from MVP Financial Services
Bi-Weekly Update from MVP Financial Services
    Bi-Weekly Update from MVP Financial Services, Inc.             09/14/2021    
Dear Most Valued Partner, Welcome to the new issue of MVP's News2Use. 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
7702: Know What's Coming
Join us Wed., Sept. 22 @ 2:00 PM, for Your Clients and Potential Tax Law Changes: Don’t Ignore What’s Coming. The Consolidated Appropriations Act, 2021 changed the minimum interest rates used in the calculations under 7702 that apply for contracts issued after December 31, 2020. 
What does this mean for your clients?
In general, the change to lower interest rates in the various calculations under sections 7702 and 7702A will result in increased funding limits for life insurance contracts. Attend the webinar to learn more. 
Promote LIAM
Easy Ways to Promote LIAM
We continue to play an active role in supporting Life Insurance Awareness Month (LIAM) because we know how important it is to have life insurance. 
The pandemic undeniably shifted the mindset of many and re-shaped how people view the future and their financial security. Now, more and more of your cleitns and prospects are starting to realize the importance of life insurance. 
iGo Electronic Applications
DIY Quotes & Illustrations
New Banner Term Rates
BEWARE: The new OPTerm rates, effective September 2, have a one-time, automatic reduction in the death benefit and an increase in premium at the end of the level period. Banner also made additional reductions in the Preferred and Standard classes, to give you more #1 pricing. All other product features and riders remain unchanged.  
Check out Banner's updated term webpage to find product specifications and marketing materials.   
Add a Chronic Illness Riger
Add a Chronic Illness Rider
Talk to clients about how life insurance can help them if they become chronically or terminally ill.  All of Prudential’s life insurance policies provide death benefit protection. For an additional charge, clients can add the BenefitAccess Rider (BAR) to their permanent policies, which gives them access to their policy’s death benefit if they become chronically ill. The money can be used to pay for groceries, housekeeping, medical bills, or anything else.
Accelerated Underwriting
Electronic Policy Delivery

In case you missed it: The N2U Archives

This Information is for Advisors Only. Not for Consumer Distribution. 
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