Deadlines for Your 2023 Application Processing
Here’s how you can make certain your business is processed in time.
As the fourth quarter of 2023 is underway, National Life Group wants to enable agents to be well equipped and have the best year-end experience as possible. Check out the resources below for everything you need to know to finish the year strong!
Wednesday, November 1
- It is strongly recommended that business requiring 1035 funds or external transfers to pay initial premium be submitted, approved, and in good order by 11/1 (for both Life and Annuity). Please note, we will still accept it after the 1st; however, increased volumes and slower turnarounds from ceding carriers may make it difficult to pay the case for year-end.
Monday, November 27
- Premium Finance applications should be approved and in good order to allow adequate time for funding
Friday, December 8
- New Business applications must be received and in good order
- Final Rewrite requests
- Final Underwriting requirements must be submitted
- Pension/Profit Sharing Plan applications must be received in good order
Friday, December 15
- Final Requirements on any pending cases in approved status
- Final plan designs submitted for Pension/Profit Sharing Plans
Friday, December 29
- All annuity applications with money will be issued if received by 12/30