Sentinel Security Life – Product Updates 04/28/2014
Sentinel PlanAnnuities
Personal Choice Annuity/Choice Annuity Rate Increase Effective 05/01/2014
Our 5, 7, and 10 year rates will be increasing effective 05/01/2014. Any pending applications issued on or after 05/01/2014 will receive the new rates. Please see table below for updated rates for our Multi-Year Guarantee Annuity:
Summit Bonus Index Crediting Caps Increase Effective 05/01/2014
The Fixed Account rate in addition to the caps on our Interest Crediting Strategies for our Summit Bonus Index annuity will be increasing effective 05/01/2014. Any pending applications issued on or after 05/01/2014 will receive the new rate and caps. Please see table below for
updated rates for our Fixed Index Annuity:
Last year we announced our partnership with iPipeline to develop an electronic application for our New Vantage Final Expense products. We are excited to announce that testing has been completed and our Final Expense E-App is now available for all agents, effective 05/01/2014.
Features of our E-App include:
NO DOUBLE ENTRY
– Once an application is submitted by the agent, the application is entered directly into our system and sent to our underwriters
INTUITIVE USER INTERFACE
– This will ensure that all form fields are complete, eliminating the need to go back to your clients to collect information
FASTER PROCESSING – Streamlined process means faster receipt of commission payments
MULTIPLE SIGNATURE OPTIONS – Choose the method that best suits your needs, including voice signature through our partnership with Apptical
E-APP and Product Specific Training Available in May!
In addition to our monthly Product Training, our Sales department will also provide training for our E-APP (Electronic Application) we have available for our New Vantage Final Expense product. The official roll-out will include two trainings on Thursday, May 1st, followed by
weekly trainings throughout the month.
To register for any training, please click on the PRODUCT NAME on the date you would like to attend. If there are two times available in one day, please select the time you would like to register for. For your ease, Product Specific Trainings are indicated in
Sentinel Red and E-APP Trainings are indicated in Blue!
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