January 2020

Term Conversion Change

Term Conversion Change

Beginning in 2020, all life policy conversion applications will be issued a Remembrance Life policy. Remembrance Life is a whole life product.

RIDERS

  • Accidental Death Benefit, Critical Illness, and Terminal Illness riders will not be included.
  • Waiver of Premiums for Disability rider will be offered for eligible legacy products that were issued with a convertible disability waiver rider.
SIMPLIFIED UNDERWRITING CLASSES

All non-tobacco and tobacco underwriting classes will be converted to the Remembrance Life preferred (non-tobacco) and standard (tobacco) underwriting classes, respectively. All substandard policies (non-tobacco and tobacco) will convert to the Remembrance Life standard (tobacco) underwriting class.
January 9, 2020 Edward Koehler No comments
Edward KoehlerTerm Conversion Change
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PIA and PPC available in CA and NJ

PIA and PPC available in CA and NJ

We’re excited to announce that Nassau Personal Income Annuity (PIA) and Nassau Personal Protection Choice (PPC) are now available for sale in California and New Jersey.

View our current list of State Availability and Rates.

Updated marketing materials along with new state-specific applications and forms will be available for order in the Marketing Catalog.

DISCLOSURES

For Producer Use Only. Not for distribution to the public.

Products, rider options and other features are subject to state availability. Actual product details, including all terms and conditions that apply, are contained in the contract.

Nassau Personal Income Annuity (19FIA, ICC19FIA and 19ISN) and Nassau Personal Protection Choice (19FIA, ICC19FIA and 19RN) are issued by Nassau Life and Annuity Company (Hartford, CT). In California, Nassau Life and Annuity Company does business as “Nassau Life and Annuity Insurance Company.” Nassau Life and Annuity Company is not authorized to conduct business in MA, ME, MN and NY, but that is subject to change. Nassau Life and Annuity Company is a subsidiary of Nassau Financial Group.

Insurance Products: NOT FDIC or NCUAA Insured | NO Bank or Credit Union Guarantee.

Nassau Re is a registered trademark by Nassau Reinsurance LLC. BPD40038

© Nassau Re 2020
January 7, 2020 Tisa Rabun-Marshall , No comments
Tisa Rabun-MarshallPIA and PPC available in CA and NJ
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