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  • Writer's picturePeter C. Ciravolo

Happy February! Where did January Go? | BC Brokerage February Newsletter

Punxsutawney Phil sees his shadow and predicts six more weeks

Industry Updates

Guaranteed Universal Life (GUL) carriers Principal, Protective, and Lincoln are pulling their products from the market due to low interest rates. Pricing has been increasing over the last few years.

Estate Tax?

There's no doubt that the conversation on estate tax is growing once again as the White House turns blue. We have already seen an increase in ILIT discussions between our advisors and clients.

Higher Accelerated Underwriting Limits

Throughout Coronavirus, we have seen the insurance underwriting process becoming less and less invasive. Not only are we seeing more and more cases qualify for accelerated UW, but now many carriers are UW not only $1m for 18-60 year olds, but now many up to $2m with a few at $3m and $4m.

Updates to our website

Our website has always been one of our key touch points in our client and advisor experience. Check out the latest features of our "Start Here" button.

Click "Get A Quote" and our product buttons to see the latest way you and our clients can interact with our tools.

Check out our latest Fee Only Spotlight with Kate Arndt CFP Ⓡ of Bedel Financial

Have an onboard or client review in February?

BC Brokerage - We make insurance simple.

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