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For Producer Use Only
Newswire: Maximum premium boosted from $1 million to $2 million
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NOW ACCEPTING UP TO $2 MILLION IN PREMIUM PER CLIENT WITHOUT PRIOR EXCEPTION APPROVAL
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Effective immediately, EquiTrust has increased the maximum premium accepted per client for all products except Bridge®. EquiTrust will now accept new business applications up to $2 million1 in initial premium without home office approval — the previous maximum was $1 million.
Premium amounts greater than $2 million per client will require home office approval.
Technology updates
The illustration software and the Income Benefit Rider (IBR) calculator on the Agent Gateway have been updated to reflect this change. You’ll also see updates to product information on the Agent Gateway.
1 Per client (per SSN), the maximum cumulative premium for all contracts.
EquiTrust does not offer investment advice to any individual and this material should not be construed as investment advice. Products underwritten, issued and distributed by EquiTrust Life Insurance Company, West Des Moines, Iowa.