Tele-Underwriting for AnnuiCare® Starts Today

When AnnuiCare® launched in 1999, it was the first tax-qualified asset-based long-term care and annuity combo in the industry. Twenty years later, though many competitors have pulled their LTC offerings or increased premiums, our LTC premium rates remain unchanged and sales continue to grow. What’s different now is our tele-underwriting process which, in most cases provides an immediate underwriting decision.   While your client is in your office, follow these easy steps: Review the pre-interview checklist here. If the applicant can honestly answer ‘No’ to all seven questions, proceed to the tele-underwriting step. Call 888-390-5824 and an experienced, non-clinical interviewer
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

Explain Short-Term Home Health Care in Under 4 Minutes!

Count on GTL to provide the tools you need to sell Short-Term Home Health Care Insurance!   WATCH VIDEO VIEW INFOGRAPHIC     •  $150, $300 or $450 maximum daily benefit options! •  Great cross-selling opportunity and complements our other great products! •  Available on paper, portal and the GTL e-App! •  Prescription benefit year maximum of $300 or $600! •  $40, $80 or $120 per-day Home Health Care Aide benefits! •  Policyholder Access to Ask Mayo Clinic online symptom assessment tool!   Explain Short-Term Home Health Care in Under 4 Minutes!   #goldencareagent #gtl
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Categories: Guarantee Trust Life, Industry News, and Short-Term Care.

Important update regarding conversion application submissions

  Notable News Important update regarding conversion application submissions Effective June 6, 2019, please use the state-specific application for the policy owner’s current resident state when submitting conversion applications. The application will also need to be signed in the policy owner’s current state of residence. If the policy owner resides outside the United States, use the application for the state where the original policy was issued. Any conversion applications received after July 6, 2019 that are not specific to the policy owner’s current state of residence will not be considered in good order. Thank you for your attention to this
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Categories: Industry News, Life Insurance, and Transamerica.

Important TransCare II Application and Form Changes

Effective June 18, 2019 we are implementing updated TransCare II Application and Disclosure Packets for the various states due to adding the 3% Compound Benefit Increase Option Rider. Click here for state availability. Previous versions of the packets will need to be signed on or before June 17th and received on or before June 25th, 2019. Questions? Please contact Transamerica’s LTC sales desk at 888-545-2713.   Important TransCare II Application and Form Changes   #goldencareagent #transamerica
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Categories: Industry News, Long-Term Care, and Transamerica.

LTC Inflation Protection Buy-Up Option

Your clients need to be assured the LTCi policy they purchase today will be enough to help pay for services they may need in the future. And there’s good news! The Mutual Care Custom Solution policy includes an inflation protection buy-up option that allows clients to increase their inflation protection percentage annually. This important feature also enables your clients to to decrease their inflation percentage at any time. Best yet, any gains previously applied to the policy are theirs to keep. Offering a benefit with flexibility to meet your client’s changing needs could be the competitive advantage you need to
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

TLE: Affordable, Versatile, Simple

Families want to protect their home and the life they’ve built for their family. That’s exactly what a Term Life Express product does. Along with affordable coverage, TLE also offers: Versatility Face amounts from $25,000 — $300,000 Living Benefits – at NO additional cost Chronic Illness Rider Terminal Illness Rider Critical Illness Rider Simplicity Quick Issue Simplified underwriting (no blood and urine tests required) e-App Mobile quoting app Trustworthiness Backed by a legacy brand with outstanding financial ratings For clients who are looking to choose an affordable term product — look at TLE today! TLE: Affordable, Versatile, Simple   #goldencareagent
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

NGL Welcomes Lori Gubash as New National Sales Vice President

Lori Gubash has joined NGL as their National Sales Vice President. Many of you may know Lori from her years at Newman LTC as their National Sales Director. “I am pleased to join NGL during this time of growth and look forward to building brand recognition for the individual portfolio of products, including the EssentialLTC product,” Lori said. View the press release   We’re excited to have Lori on the EssentialLTC Team!   If you have questions, please call NGL at (888) 505-2332 or email status@ngl-essentialLTC.com.   NGL Welcomes Lori Gubash as New National Sales Vice President   #goldencareagent #ngl
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Categories: Industry News, Long-Term Care, and National Guardian Life.

OneAmerica Asset Care Product Teaser

Coming in July: Updated Asset Care® By Jan. 1, 2020, all issuers of life insurance are required to reprice their products according to the 2017 CSO mortality tables. OneAmerica® has updated the benefits and pricing within our whole-life based Asset Care® product suite, and we will be launching a new product in July! Asset Care is still the same great product with the same great benefit guarantees — we’ve just simplified and enhanced the product, improved consistency while maintaining flexibility, and added options that our distribution partners have asked for over the years. Joint coverage and lifetime benefits are still
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Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

In-Force Rate Action Announcement: Kentucky (Privileged Choice® and Classic Select®)

As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Kentucky has now allowed the following increases: Kentucky Non-AARP Product Series Increase Percentage Privileged Choice 35% Classic Select 35%   Kentucky Non-AARP Product Series Increase Percentage Privileged Choice 41.84% phased 20%, 18.2% cumulative Classic Select 41.84% phased 20%, 18.2% cumulative   This rate increase applies only to policies that include a simple or compound Benefit Increase Option (BIO). Communications Timeline Servicing agents will receive a list
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Categories: Genworth, Industry News, and Long-Term Care.

Updates to Life Products for 2017 CSO Table Changes

Throughout the remainder of 2019, United of Omaha will be modifying the products in our life insurance portfolio as we implement the 2017 Commissioners Standard Ordinary (CSO) Tables. Product Impacts The first phase of product changes will be implemented on August 1, 2019: Income Advantage IUL will be updated with the new tables. Impacts of these modifications include: There will be slight increases and decreases in our premiums, required minimum face amounts and disbursement amounts. Disbursement amounts will be consistently within 2% in either direction from our current disbursements, with very minor changes in our competitive positioning. Generally, our charges
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).