Yes, there is. This is a website that will help https://eapps.naic.org/life-policy-locator/#/acknowledgment
Is there a way to search for written life insurance policies in any State? Read More »
Producers with a Accident & Health licenses can sell Long Term Care insurance or riders after completing the initial eight hour course on Long Term Care Partnership. Once that course is completed, you must complete a four hour Long Term Care course in your next renewal cycle. An example, you completed your required eight hour
I want to sell Long Term Care Insurance, do I need a special license? Read More »
Required Minimum Distribution (RMD) Last trading day this year is December 29 and account balances of that date must be used in calculating RMD. For those individuals with an Individual Retirement Account (IRA) or a 401(k) and have reached their 70 ½ birthday, it is time to plan to take a required minimum distributions. The amount
What is the Required Minimum Distribution (RMD)? Read More »
Each state sets the amount of coverage provided by their guaranty association and the amounts differs from state to state. The majority of the states followed the lead of specified in the National Association of Insurance Commissioners’ (NAIC) Life and Health Insurance Guaranty Association Model Law: $300,000 in life insurance death benefits $100,000 in net cash surrender or withdrawal values for
Residents To obtain your broker’s license you must have been licensed as a life insurance producer for at least 12 months. If you are a resident life insurance producer and have been licensed for 12 months, this permits you to apply for a Viatical Settlement Brokers license by completing following steps: Complete a one-time training requirement of four
Illinois Required Viatical Training for Brokers Read More »
