Washington State New Business

Washington State New Business Beginning November 1, 2021, NGL will begin accepting new applications from Washington State. Due to the demand for LTC planning the Washington Cares Fund continues to generate, NGL has made the decision to place the following temporary minimums on all new Washington State applications: $3,000 annual lifetime premium – Modal equivalents – $1,560 semiannual, $810 quarterly, $263 monthly $6,000 annual 10-Year premium – Modal equivalents – $3,120 semiannual, $1,620 quarterly, $525 monthly $30,000 single premium Joint applications are subject to these minimums per application, not per applicant. Applications that do not meet the minimums listed above
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Great news! Our Med supp Virginia rates are among the lowest

We did the research so you don’t have to. It’s hard to keep track of which carrier is lowest in Virginia when Med supp rates change monthly. To help you stay as up-to-date as possible, we ran rates for two of the most popular plans, Plans G and N. And what we saw was great news. What’s the news, you say? Our Medicare supplement comes in at a competitive position in Virginia. Check it out*! Carrier Plan G Plan N Mutual of Omaha Insurance Company $87.02 $65.94 Average of Top Carriers $99.09 $80.00 * Sample rates as of 10/1/21 for
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

7702 changes now in effect for SecureCare UL

7702 changes now in effect for SecureCare UL Effective today, November 1, 2021, the guaranteed interest rate on new SecureCare Universal Life (SecureCare UL) applications was updated to comply with the Consolidated Appropriations Act of 2021, which lowers the interest rate assumptions used in Section 7702 of the Internal Revenue Code. SecureCare UL’s new guaranteed interest rate is now available in the illustration software. All new applications will receive the new guaranteed interest rate. In order to receive the old guaranteed interest rate, an application must have been received no later than October 29, 2021, and it must be approved,
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Categories: Industry News, Life Insurance, and Securian.

GWIC increases support for agents in the Spanish market

GWIC has expanded our library of Spanish materials to increase opportunities for you to do business. Reach a wider audience with 12 Facebook ads in Spanish. Find them by searching for “Facebook ads in Spanish” on Merrill Connect. Complete apps quicker with the Spanish MyEnrollerSM Voice Authorization Form. Write business for individuals who are not U.S. citizens, provided they have permanent residency in the United States or have an Individual Taxpayer Identification Number (ITIN). And remember, you already have access to the following materials in Spanish: Final Expense brochure Final Expense flyer Final Expense trifold To suggest more items to
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Categories: Great Western, Industry News, and Life Insurance.

It Pays To Give Your Clients Peace Of Mind

Earn unlimited bonuses with the Give Me Five incentive program. Great Western Insurance Company (GWIC®) is offering a generous incentive from Oct. 1, 2021, to Dec. 31, 2021. During that time, you’ll receive a $200 bonus for every five taken applications. Lean about the program   #goldencareagent #gwic #greatwestern #finalexpense
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Categories: Great Western, Industry News, and Life Insurance.