In This GoldenCare Newsletter Edition From GoldenCare: Join our Featured Guest Speaker, National Marketing Director, Tom Randall, for In-Depth product training on Minnesota Life’s CareShield and GTL’s Critical Cash. Click here to reserve your seat. February is Kemper Rewards Month! Get your Kemper apps in for 200 points for each qualifying applicant! See www.goldencarerewards.com for promo details. Happy Selling! Our Guest Article is “New Solutions to Fund Your Retirement: Part 2 of 2″,” by Ken and Maddy Dychtwald, Huffington Post. Enjoy! From Mutual of Omaha: Mutual has several announcements in this issue. Pennsylvania approves lower inflation rates for Partnership effective
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Kick Off the New Year with a Simpler, More Affordable LTCI Solution
Element is Simple to Understand, Easy to Sell & More Affordable Take advantage of Element’s streamlined underwriting No more automatic blood and labs for clients under age 65. One underwriting category that makes quoting simple and underwriting decisions quick. Coming Soon: E-Suite Featuring an E-Application with E-Signature and E-Policy delivery. Simplifying transactions and speeding up cycle times. Kick Off the New Year with a Simpler, More Affordable LTCI Solution #goldencareagent #genworth
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Genworth and Long-Term Care.
Straight-To-The-Point Talk With Genworth Underwriting (Just 10 Minutes!)
Join Genworth for a quick, to-the-point talk to learn more about Genworth’s Underwriting. It’s so simple you don’t even have to be at the computer. Date: Tuesday, February 28, 2017 Time: 12:00 Noon – 12:10 PM Central Time Registration: https://attendee.gotowebinar.com/register/2789190900587261185 Simply register to get the dial-in number and reminder. #goldencareagent #genworth
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Genworth and Long-Term Care.
GoldenCare Newsletter | February 13, 2017 Edition
In This Edition From GoldenCare: Join us for new product training brought to your by our Featured Guest Speakers! We have some special product Consumer Presentations to give away to attendees on some topics. Click Here for details and to register. Promotions! See the Newsletter for a list of the Winners of the 3-in-1 Promotion. Congratulations to the winners! Our current promo is Kemper February. As a special thank you to our agents for making GoldenCare the 2nd highest Kemper seller of 2016, we are awarding Reward points for each approved Kemper applicant! Promo details in the newsletter or at
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Genworth Financial Announces 4th Quarter 2016 Results
Genworth Financial, Inc. (NYSE: GNW) today reported results for the period ended December 31, 2016. The company reported a net loss of $122 million, or $0.25 per diluted share, in the fourth quarter of 2016, compared with a net loss of $292 million, or $0.59 per diluted share, in the fourth quarter of 2015. The adjusted operating loss for the fourth quarter of 2016 was $137 million, or $0.27 per diluted share, compared with an adjusted operating loss of $82 million, or $0.17 per diluted share, in the fourth quarter of 2015. The company reported a net loss of $277
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Genworth, Industry News, and Long-Term Care.
GoldenCare Newsletter | January 30, 2017
From GoldenCare: GoldenCare’s updated 2017 Individual Tax Guide is now available! Download your copy from the newsletter. Reminder! Partnership Certification and 4-Hour Refresher! For all LTCi agents who took their initial 8-Hour Partnership Certification prior to January 2015: Producer requirements for training continuation states. See newsletter for your state’s training requirements. Our Guest Article in this edition is “Consumer Facing Insurance Educational Platform, Agent Review Creates Clients’ Choice Award,” PRNewswire. From Mutual of Omaha: New Critical Advantage Portfolio to release February 1, 2017! Mutual of Omaha will be releasing a new Critical Illness, Cancer, Heart Attack and Stroke portfolio: Critical
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In-Force Rate Action Announcement: Minnesota AARP (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. In September 2013, we announced our intention to seek premium rate increases on certain Privileged Choice® and Classic Select® policies sold between 2003 and 2012. At the time, larger increases were justified, based on projected experience, but rate stability requirements prevented us from requesting the fully justified amount. In 2016, we began requesting the full amount in states that previously allowed our 2013 ask. Minnesota has
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Genworth and Long-Term Care.
In-Force Rate Action Announcement: Maryland (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. In September 2013, we announced our intention to seek premium rate increases on certain Privileged Choice® and Classic Select® policies sold between 2003 and 2012. Subsequent to that announcement, we received approval for, and implemented, a 12.8% premium increase in Maryland. At the time, a larger increase was justified, based on projected experience, but rate stability requirements prevented us from requesting the fully justified amount. In
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Genworth and Long-Term Care.
In-Force Rate Action Announcement: Kentucky
In August 2012, we announced our intention to seek premium rate increases on certain blocks of comprehensive long term care insurance policies, including Pre-PCS, PCS 1, PCS II, and Choice 1. During the course of 2012-2014, we implemented rate increases on these blocks of business. In some states, the full requested increase was not received. Genworth began submitting requests in these states during the second half of 2014. Kentucky has now allowed our requested increase, and the details of the implementation of this premium change can be found within the announcement. Servicing agents will receive a list of their impacted
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Genworth and Long-Term Care.
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. In September 2013, we announced our intention to seek premium rate increases on certain Privileged Choice® and Classic Select® policies sold between 2003 and 2012. Subsequent to that announcement, we received approval for, and implemented, a 12.8% premium increase in Kentucky. At the time, a larger increase was justified, based on projected experience, but rate stability requirements prevented us from requesting the fully justified amount. In
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Genworth and Long-Term Care.
