Changes to LBL’s Agent Licensing and Commissions

Lincoln Benefit Life’s agent-related services are transferring to Alliance-One Services, Inc. on January 22, 2018. These changes apply to agent maintenance, licensing and commissions.

What’s Changing?

• Alliance-One will handle agent commissions for life insurance policies (excluding GenBuilder) sold by LBL agents, including policies that continue to be serviced at Allstate.
• Licensing and agent maintenance for LBL agents (independent agents in the MBA channel) will be administered by Alliance-One.
• Life commissions will be paid monthly instead of weekly.
• Life commission statements will no longer be mailed and will be available to view or download from life.lbl.com beginning January 22, 2018.
• Broker-Dealers or agencies paying life commissions direct to registered representatives will need to download commission statements from life.lbl.com to obtain the commission activity for those representatives.
• For assistance with registering on the website, call 888-338-1038. All other licensing and commission inquiries, email LBL_Comm@dxc.com or call 844-768-6777.

Commission and Licensing Processing

• Commissions will be processed on the third Friday of each month, or next business day if the process date falls on a holiday; payments will be released from LBL’s bank within 3-5 business days following the process date. (The first monthly LBL life commission payment will be processed on January 26, 2018.)
• The current payment mode on file, check or electronic funds transfer (EFT), will remain in place.
• Commissions for LBL fixed and variable annuity contracts, and long-term care policies are NOT changing.
• Any processes relating to LBL variable annuity contracts and long-term care business at LifeCare will not be affected by these changes.

For more information, including mailing address and accessing commission statements, see the Agent Reference Guide.