< Agent Blog
Sep
17
,
2021

In The Know With AIG: September 2021

September 17, 2021
Whole Life Conversion product updates
Effective September 25, American Elite Whole Life 2 (AGL) and American Elite 2 (USL) will be updated due to regulatory changes. This product is only used for term conversions and contractual paid-up policy provisions.

Bulletin 21-059
 
Monthly Guarantee Premium (MGP) provision reminder
MGP “guarantees” help prevent IUL policies from lapsing due to poor index performance during the guarantee period. We’ve provided a reminder on how the guarantee may be affected when a policy lapses
Bulletin 21-029
Regulatory Compliance requirement regarding IUL illustration date
Please note new illustration requirements for both new cases and term conversions (IUL), and action required when submitting a revised illustration on a pending case (IUL and/or GUL).
Bulletin 21-046
 
Reminder: Accelerated death benefit claims by foreign nationals
Specifically, if coverage includes an accelerated death benefit rider and a claim is requested from inside or outside the United States, the claim must be certified by a U.S. physician practicing in the state where the physician is licensed.
Bulletin 21-060
Flyer for Professional Athlete coverage updated
An underwriting flyer regarding life insurance coverage for Professional Athletes and Sports Teams/Business has been updated to clarify criteria for team/business policies.
View the flyer
Policy review reminder email to policy owners
Beginning September 20, policy owners who have signed up to receive email communications will be emailed a simple reminder to review their policies and ensure their information is up to date.
Bulletin 21-066
 
Important information for insureds in Tennessee
To support customers in Tennessee who may be affected by recent severe weather, temporary suspensions are in effect on lapses, terminations, cancellations and other time-sensitive provision requirements.
Bulletin 21-067

View Details >View Details >

Questions? Call us at 855-888-8326.

Don't have a MedCareValue page yet?

Get Your FREE Site >

Posts you may be interested in...

Read More

The Devoted Dish podcast is back — tune into Season 3!

November 24, 2025
Agent Blog Icon - Indicates this is a blog article.

The podcast that brokers can’t stop talking about is back!

Read More

Highmark: 2026 Resources Available, Star Ratings and MA/D-SNP Plan Documents

November 24, 2025
Agent Blog Icon - Indicates this is a blog article.

2026 Medicare Advantage Star Rating Sheets and more

Read More

Just launched: Devoted's C-SNP Provider Verification Forms

November 18, 2025
Agent Blog Icon - Indicates this is a blog article.

The New C-SNP Provider Verification Form feature in the Agent Portal — designed to make managing your C-SNP enrollments faster and easier!

Read More

Cigna Broker Insights: November 2025 - Edition 11.1

November 17, 2025
Agent Blog Icon - Indicates this is a blog article.

Broker Insights: The newsletter for all Medicare brokers - 11.1

Read More

UnitedHealthcare: JarvisWRAP for November 17

November 17, 2025
Agent Blog Icon - Indicates this is a blog article.

SSBCI verification status in Book of Business, updated Agent Guide and more

Read More

Create better coverage packages with Wellabe

November 17, 2025
Agent Blog Icon - Indicates this is a blog article.

Out-of-pocket medical costs can add up quickly when clients go into the hospital.

Who we are & what we do.

Choosing an FMO to work with is not just about having access to top insurance products and commissions, it’s about finding a one-on-one agent service that is prepared to meet your needs.  

Get to know us, and see how we can help you take your business to the next level.

Learn More

Helpful Links

New Here?

We love meeting new people! Fill out the form below, and one of our sales directors will get in touch with you shortly.

Thank you! Your form has been received!
Oops! Something went wrong while submitting the form