New Carrier Requirements

American National Insurance

New Annuity Suitability Form Required March 13th

Effective March 13, a new version of the 4465 form series, the Annuity Suitability form, will be required for all new annuity applications.

To ensure a smooth transition, all applicable electronic platforms will be automatically updated to accommodate the new form. ExpertForms will be updated on the same day, providing you with the latest tools for your annuity sales process.

Please Note: Beginning March 13, the old version of the form will no longer be accepted. It is crucial to use the updated form to avoid potential delays in business operations. Remember to check the revision date on the bottom right corner of the form, which should be marked as RV 12-23. 

New revision dates will be applied to the following affected forms:

• 4465-NAIC RV 12.23
• 4465-NAIC-MN RV 12.23

Access the new suitability guide here!

In addition to this change, the 4394 form series will be removed for annuity new business only. Moving forward, ExpertForms will be transitioning to the industry standard:

ACORD 1035 EXCHANGE / ROLLOVER / TRANSFER eFORM

This change will align paper with our electronic applications and help the annuity new business team streamline these requests on one form.

Attention Oregon Agents:
New form available starting March 13: 11207-OR

Wellabe

New application requirements

Beginning April 1, 2024, you will be required to provide the Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) for all new Health and Final Expense insurance applicants. This requirement will help streamline the application process by improving instant-decisioning and straight-through processing. SSNs and ITINs are a reliable and universal way to verify a person’s identity and will allow them to determine if someone already has coverage while reducing the number of duplicate accounts. Wellabe will also be able to properly identify household discount allocation for customers with multiple policies and verify coverage threshold.

If you have any questions, please call Wellabe's agent support at 800-547-2401.