We have seen many changes in 2016, but one thing has remained constant, our commitment to long term care (LTC) insurance. Over the past year we have made significant investments and improvements that benefit consumers and our distribution partners.
We made LTC insurance:
More accessible
- Expanded allowable medical conditions
- Implemented Count Offers for qualifying conditions previously declined
More affordable
- Launched Element℠, a prepackaged LTC insurance solution that is easy to sell for producers and provides meaningful benefits at affordable prices for your clients
- Check out this new Video to see what Element is all about
Easier and faster
- Discontinued automatic requirements for blood and labs under age 65 which significantly shortens the cycle time for an underwriting decision
- Introduced a Select Only underwriting category for smaller coverage amounts that simplifies quoting and expedites the underwriting decision
In 2017, we will focus on continuing improvements to make doing business with Genworth even faster and more convenient for you and your clients. Our goal is to provide an electronic experience from application to policy delivery that simplifies your transactions and provides unprecedented speed in cycle times.
We appreciate your business and look forward to our continued partnership in 2017.
Sincerely,
Brian Harrington
Senior Vice President
Head of Distribution
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