Draw Dates and E-Apps, Oh my!

Four, No More!!

Effective today, 5/25/2021 – the EFT premium draw dates for ALL products will no longer be limited to the 1st, 8th, 15th, & 22nd of each month. You will now have the option to set the EFT premium draw date to any date between the 1st and the 28th. This gives you and your client's the freedom to choose when best to draw their monthly premium payments. Please note that this is for new applications only.

Simplifying Guaranteed Issue

In addition to the game-changing move to daily EFT draws, we're making it simpler and clearer for you to request when to issue Guaranteed Issue certificates.

Before you had to add a note to the application on when you wanted us to issue a certificate. NOW there is a selection on the e-app that asks whether you want us to, assuming in good order, draft "Immediately" or "Hold until the requested draw date".

More exciting news? We are going green!

To ensure we're able to process business in a timely fashion and to lessen our environmental impact, as of 6/15/21, Sons of Norway will no longer accept paper applications for Guaranteed Issue or Simplified Issue Whole Life Certificates. All new applications will need to be entered into our E-application. This will allow Sons of Norway to process business more quickly, cleanly, and securely - and save the trees!

Most agents are already using it, but if you have not yet used the E-Application, no problem, utilize the training video found here:

E-Application Training Video

If you still have questions or would like additional training, Mike Godbout and Jared Gostanczik will host 2 live webinars. Please take the time and register for one of the events below.

WED, MAY 26, 2021 - 3:00 PM - 3:45 PM CDT

TUE, JUN 8, 2021 - 11:00 AM - 11:45 AM CDT

If you require assistance in using our E-Application, please reach out to the Sales Team at 1-833-707-0012 opt. 2.

Sons of Norway, 1455 West Lake Street, Minneapolis, MN, offers financial products, but not all products are available in all states. Products issued by Sons of Norway are available to applicants who meet membership, insurability, and residency requirements. Annuity rates may change at any time. *According to https://www.annuityratewatch.com - Fixed Rate Annuities