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Tuesday, September 19, 2017

Inforce Life Protector

The Illustration Development Team is excited to announce that Life Protector (versions 2011 and 2015) is now available to be inforce illustrated!


You'll find an updated look with new features to immediately generate inforce Life Protector illustrations.

Features include:
  • The ability to make immediate and future changes for:
    • Premium
    • Specified Amount
    • Death Benefit Option
  • A new Loan Payback Section with a repayment calculator.
  • The ability to illustrate all riders and edit rider amounts.

To run a Life Protector inforce illustration hover over 'Illustrate' in the menu bar and select 'Inforce Illustration'.


On the inforce search screen enter the Life Protector policy number and click on 'Search'.  If you are the assigned agent for the policy, the policy has been in force for at least a year, and the policy is at or above the minimum specified amount the policy will be pulled up.


This will take you to an updated look of the summary screen where you can view the basic information of the policy.



Click on 'View Illustration' in the upper right hand corner to go to the input screen.  From here you can run a current inforce illustration or make hypothetical changes to the policy.

There are also informational messages that will appear when a hypothetical change is made to help you understand how the change will affect the policy. Informational messages include error messages when an invalid entry is made to inform you about why you can't use the change you are trying to illustrate. This makes illustrating the Life Protector in the inforce system educational as well.

Please contact us if you have any questions about obtaining an inforce Life Protector illustration on iKCLife.

Have a Great Day,

Illustration Development Team
1-800-572-2467 x8162
illustrationhelp@kclife.com

Monday, August 21, 2017

Supplementals in the Quick Quoter

We are excited to announce that two more supplementals have been added to the Quick Quoter!  The Charges and Credit and Triple Option Term supplementals are now available.  Please contact us if you have questions or would like to walk through adding the Charges and Credit or Triple Option Term supplemental to your illustration in the Quick Quoter.

Have a Great Day,

Illustration Development Team
1-800-572-2467 x8162
illustrationhelp@kclife.com

Thursday, August 3, 2017

ELB Rider in the Income Search Wizard

It is now possible to add the ELB rider within the Income Search Wizard!

The Income Search Wizard is a quick and easy way to calculate maximum tax-free income from Kansas City Life Insurance's SuperNOVA Universal Life, FlexWealth Universal Life, EquiFlex Indexed Universal Life, Compass Elite Indexed Universal Life, and Accumulator Variable Universal Life products. 

We have now added the option to include the ELB rider to make this wizard even more convenient. To add the ELB, select the checkbox at the bottom left. Once the ELB checkbox is selected, you have the option to either enter your own ELB amount or to select Max ELB Death Benefit.


After "Run Wizard" is clicked, this amount will be included in the results. If the amount entered is too high (based on the state chosen and the rider limitations) compared with the resulting specified amount calculated, the ELB amount will automatically be adjusted with the resulting ELB amount showing within the results section and on the illustration generated.




Don't hesitate to contact us if you have any questions about adding the ELB in the Income Search Wizard or if you would like us to guide you through the process.

Have a Great Day,

Illustration Development Team
illustrationhelp@kclife.com
1-800-572-2467 x8162

Tuesday, July 25, 2017

New Indexed Universal Life Training Videos

The EquiFlex and Compass Elite Indexed Universal Life (IUL) can be complex products.  To better understand how the product works, new training modules are available to help you navigate through the intricacies.

To watch these modules, log in to iKCLife.  Don't forget you can now log in with your KCLIC credentials as well!  Once logged in, click on Training and then Videos.


Next, click othe IUL Training topic in the left hand box.


The modules related to this topic will then be shown in the right hand box.  Clicking on a video within this box will load the video into the player.  Each module is ten to twenty minutes long and covers the following topics:
  • Part I EquiFlex and Compass Elite IUL: Product Design and Comparison
  • Part II Indexed Universal Life: The Moving Parts
  • Competing in the IUL Market Part 1
  • Competing in the IUL Market Part 2
  • Competing in the IUL Market Part 3

Have a Great Day,

Illustration Development Team
1-800-572-2467 x8162
illustrationhelp@kclife.com

Tuesday, July 11, 2017

Multiple Agents in the Income Search Wizard

The ability to choose which agent profile is shown on your illustration is now available on the Income Search Wizard!

We recently added the ability to have multiple sets of agent information on a single user's profile that could be used with the Quick Quoter.  To use this feature, you would first update your agent profile to include the information for the new agents by selecting Agent List on the Agent Home page.  Here you could update, add, or delete agents from your profile.  That same agent list is now accessible when using the Income Search Wizard!

Underneath the results section, there is now a field that provides you with the option to either run the illustration as yourself or as another agent that you have previously entered.


Selecting Another Agent allows you to pick which agent's information you would like to appear on the illustration.


Once you have finished setting up the case and have ran the wizard, check the output.  On the cover page in the presented by section it will list the new agent's information rather than your own.


Don't hesitate to contact us if you have any questions about using multiple agents in the Quick Quoter or if you would like us to guide you through the process.

Have a Great Day,

Illustration Development Team
illustrationhelp@kclife.com
1-800-572-2467 x8162

Monday, June 12, 2017

Life Protector Released in the Quick Quoter

The Illustration Development Team is excited to announce that the Life Protector is now available in the Quick Quoter!

Click here to check out the Quick Quoter, and start generating quotes for your clients right away.

We've also put together a great Help Page which explains the Quick Quoter in more detail, including browser specific questions you may have.  Click here to view the Help Page now.

Please contact us if you would like to walk through setting up a Life Protector or if you have any questions regarding the Quick Quoter.

Have a Great Day,

Illustration Development Team
1-800-572-2467 x8162
illustrationhelp@kclife.com

Friday, May 19, 2017

Triple Option UL Supplemental

The Illustration Development Team is excited to announce that the Triple Option UL is now available to be added to your illustrations while using the Quick Quoter!

The Triple Option UL shows side by side scenarios of a Term, Cashback, and Universal Life product for your client.  This supplemental can currently be added to all of the products in the Quick Quoter except for the Value Assured and Gift of Life.  A new enhancement for the TOUL supplemental is that it is available even if a rider that has a charge has been added.  It is also available if a substandard rating has been added to your case setup.

To add the Triple Option UL to your illustration click the arrow to expand the supplementals box.  This section will show all of the available supplementals that can be utilized based on what product you are illustrating.


Like the riders, clicking on the name of a supplemental will give a quick overview of what the supplemental is.  To add the TOUL simply check the box and run the illustration.


Below is a sample of the updated look for the Triple Option UL output.  



Please contact us if you have questions or would like to walk through adding the Triple Option UL supplemental to your illustration in the Quick Quoter.

Have a Great Day,

Illustration Development Team
1-800-572-2467 x8162
illustrationhelp@kclife.com