Genworth Financial Announces First Quarter 2018 Results

05/01/18 Net Income Of $112 Million And Adjusted Operating Income Of $125 Million RICHMOND, Va., May 1, 2018 /PRNewswire/ — As Disclosed On April 24, 2018, Genworth And China Oceanwide Holdings Group Co., Ltd. (Oceanwide) Refiled Their Joint Voluntary Notice With The Committee On Foreign Investment In The United States (CFIUS) U.S. Mortgage Insurance (MI) Adjusted Operating Income Of $111 Million, Increased 52 Percent Compared To First Quarter Of 2017 U.S. MI’s PMIERs1 Sufficiency Ratio At 124 Percent, In Excess Of $600 Million Above Requirements Strong Performance For Canada MI, Adjusted Operating Income Of $49 Million, Up 28 Percent2 Versus
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Categories: Genworth, Industry News, and Long-Term Care.

Genworth Webinar On Shared Benefit Option – 5/22

Unique to Genworth – Our Shared Benefit Option: Tuesday, May 22 at:     • 11:00 AM Eastern / 10:00 AM Central     • 3:00 PM Eastern / 2:00 PM Central Learn in 10 minutes how Genworth’s Shared Benefit option can help you overcome a couple’s objection for purchasing long term care insurance. After registering, you will receive a confirmation email containing information about joining the webinar.   Genworth Webinar On Shared Benefit Option – 5/22   #goldencareagent #genworth
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Categories: Genworth and Long-Term Care.

Good News | 50 Million Reasons (Plus 1!) to Sell GTL Products

50 Million Reasons to Sell GTL Did you know GTL has paid almost $50 million in Hospital Indemnity and Cancer claims to your clients since January 1, 2017? GTL’s Advantage Plus is the BEST Hospital Confinement Indemnity Insurance on the market since 2005! The underwriting and quick policy issue help this plan remain a top choice for clients and agents both. And GTL’s Sales Support is unrivaled! In addition to GTL’s 50 Million Reasons, GoldenCare is adding one more — our GTL Spring Promotion, featuring GTL’s Critical Cash and Short-Term Home Health Care plans! Questions? Call our Marketing Team at 800-842-7799!   Read Full Good News Article #goldencareagent
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Categories: GoldenCare News, Guarantee Trust Life, and Industry News.

GoldenCare Newsletter | May 7, 2018

In this GoldenCare Newsletter Edition From GoldenCare: PROMO TIME! Guarantee Trust Life Insurance Company’s recently-launched Home Health Care product complements the Critical Cash plan so well – it’s a close comparison!   Promo ends May 31st!  Get those apps in! Get all the details in this Edition.  Good Luck! The newest version of LTC CEO Office, Home and Internet Selling Tools Software is now available! Making a good decision on whether or not to own Long Term Care insurance depends upon receiving factual information on the subject. LTCCEO was developed to offer our clients the knowledge they need to make wise decisions.
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Categories: Genworth, GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, Mutual of Omaha (& Affiliates), Securian, and Transamerica.

The wait is over! SecureCare with multi-pay is here

Now Available! An LTC option with even more flexibility. We’re excited to announce that Securian Financial has launched an enhanced SecureCare Universal Life (SecureCare). Making its debut last year, SecureCare is a new and improved long-term care (LTC) insurance alternative that now features a fresh new look and enhanced features and benefits, including: Securian Financial has a new look We’re refreshing our look and making a strategic investment to build the visibility of our brand. Watch for more information arriving in the next few weeks. Cash indemnity benefits Single and multi-pay options Reduced-paid up benefit Learn more   Transition rules:
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Categories: Industry News, Linked Benefit/Hybrids, and Securian.

“Nearly 25% of Americans Over 85 Need Personal Care”

“Nearly 25% of Americans Over 85 Need Personal Care,” by Tim Regan, Senior Housing News Quote: “It’s no secret that the need for caregiving services tends to grow with age, but a newly released report from the federal Administration for Community Living sheds light on just how many older adults in the U.S. need personal care. The percentage of older adults age 85 and older needing help with personal care was 22% between January and June of last year. That’s more than twice the amount of people between the ages of 75 and 84 (9%) and more than six times
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Categories: Clippings, Industry News, and Long-Term Care.

“Even Mild Concussion Tied to Greater Dementia Risk Later”

“Even Mild Concussion Tied to Greater Dementia Risk Later,” by Alan Mozes, HealthDay Quote:   “Concussions, even those that are mild, more than double the risk for developing dementia down the road, new research suggests. The findings stem from an analysis that tracked concussions and dementia risk among nearly 360,000 military veterans. … In the end, the team found that less than 3 percent of the non-TBI group went on to develop dementia, compared with just over 6 percent of the TBI group.” LTC Comment (from Stephen A. Moses, Administrative Coordinator, Center for Long-Term Care Reform): More bad news for
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Categories: Clippings, Industry News, and Long-Term Care.

Ameritas Increases Dental Commissions

Ameritas Announces Increased Commissions on PrimeStarSM Dental Plans Great news! Ameritas Life Insurance Corp. has announced increased commissions on individual dental insurance cases. Earn more when you help clients round out their health care coverage with solutions from an industry leader, and the attractive PrimeStar Plus and PrimeStar Advantage dental plans. Technology from Ameritas makes it easy to sell, too. New commission structure goes in to effect for any policies sold on or after May 1, 2018. That means the new level of commission payout will be included in your May statement, which is available in June. Please contact your
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Categories: Ameritas/Security Life and Dental.

“Retirees: Here’s Why You Might Be Investing All Wrong”

“Retirees: Here’s Why You Might Be Investing All Wrong,” by Motley Fool, Fox Business Quote:   “Sometimes, investing isn’t even the right way to handle some financial needs. If long-term care worries are paramount, then it might be more cost-effective to obtain long-term care insurance Opens a New Window.  than to set aside the hundreds of thousands of dollars you’d need to cover such costs on your own. That way, you can pay the premium and then utilize the rest of your retirement savings more effectively, knowing that you have your long-term-care risk under control.” LTC Comment (from Stephen A.
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Categories: Clippings, Industry News, and Long-Term Care.

“Obesity soars among long-stay nursing home residents”

“Obesity soars among long-stay nursing home residents,” by Kimberly Marselas, McKnight’s LTC News Quote:   “The rate of obese nursing home residents jumped from 22% to 28% between 2005 and 2015, according to research presented at the 2018 American Geriatrics Society conference. … In 2015, Class III residents, the most severely obese, were younger than the others. They also had more chronic conditions but lower rates of functional or cognitive decline” LTC Comment (from Stephen A. Moses, Administrative Coordinator, Center for Long-Term Care Reform): The vast majority of long-stay nursing home residents rely on Medicaid. The trend toward younger, obese,
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Categories: Clippings, Industry News, and Long-Term Care.