APIM Newsletter 7/7/22

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APIM Newsletter 7/7/22

We’re committed to keeping up with your foreign national clients’ needs. That’s why we’re pleased to announce some important enhancements to our high-net-worth foreign national (HNWFN) market program! Updates include: 

  • The minimum global net-worth requirement has been lowered to $1 million (from $2 million) for eligible clients. 
  • Eligible foreign nationals currently residing in the U.S. for at least five consecutive years under specific visas and/or awaiting approval of a green card are not subject to the $1 million global net-worth requirement.
  • Basic underwriting qualification requirements for eligible clients have been updated:
  • A visa is not required for citizens of countries participating in the U.S. Visa Waiver Program.
  • For citizens of Mexico, a border crossing card is acceptable if the card is not expired. A copy of a border crossing card and a valid passport must be provided with the application.

We’re excited to introduce these program enhancements and look forward to your HNWFN business!

 

 

For questions:
Contact us at quotes@apimusa.com
or call us at (818)433-7952

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Summer Splash CASH!

Life AND Annuity Qualifications

See links for details:

Summer Splash – Life

Summer Splash – Annuity

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REMINDER:

Live Sales Training by APIM President, 

Ara Mkrtchyan

 JULY 14th, 2022

EARN AN EXTRA $500 ON YOUR NEXT COMMISSION CHECK

TAKE YOUR BUSINESS TO THE NEXT LEVEL WITH AMERICAN PARTNERS

American Partners wants you to get ahead of your competition. We are offering Free Sales training for you & your agents. Limited seats available, first come first serve, must RSVP today to reserve your seats.

We want you to become part of the Elite Team. To do that you must know products inside and out, learn to adapt to market conditions, and offer unique products to beat out your competition. 

Increase Sales = Increase Revenue

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·        How to effectively Increase Sales Today!

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JULY 14, 2022

TIME: 

11 AM TO 1 PM

(Light lunch will be served)


In Person

330 N. BRAND BLVD. GLENDALE CA 91203

“Brand” Conference Room, 4th Floor


MUST RSVP BY: July 12th, 2022

     

**We will have a Raffle to one lucky winner to earn an Extra $500 on their next commission check

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Annuities 101- Basics for Beginners Part 2

 

If you are new to Annuities or a seasoned agent in the industry that wants a refresher, this is for you!

Click on the image to access Annuities 101 – Basics Part 2

Sons of Norway

GIWL Compensation UPDATE

 

Compensation for our Guaranteed Issue Whole Life product will now be calculated and paid only on an “as earned” basis. This product change will go into effect on July 16, 2022.

 

What Does This Mean to Me?

 

 

  • There is absolutely no change to the total amount of compensation paid out. This only removes the option for advanced comp for this product.
  • This change only affects the Guaranteed Issue Whole Life product and will not affect compensation/advancement for any other Sons of Norway product(s).
  • Policies issued on 7/16/22 and beyond will be under the new compensation method. The payment cycle ending 7/31/22, distributed on 8/5/22, will be the first payment to reflect these changes.
  • This does not impact any policies issued on or before 7/15/22.