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.

Stay informed and get paid faster!

NEW CUSTOMER SERVICE CONTACT, MYGILICO.COM, AND COMMISSIONS PROCESSED DAILY   We have three service developments we’re excited to share! ONE:  Our Customer Service team has new contact info: 833-4GILICO (833-444-5426) from 7:30 am to 5:00 pm CST. TWO:  Your and your clients can now access account values and policy details online at mygilico.com. Register at www.mygilico.com to create your account and password. Click here for step-by-step instructions. if you are an agency, call 833-4GILICO (833-444-5426) to set up your agency portal. THREE:  Commissions are now processed DAILY! After each nightly cycle, the commissions should hit your account within three business
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

GILICO Changes Are Coming April 29th

AnnuiCare® – Simplifying the Process Provide an Asset Based Win with AnnuiCare® with Guaranty Income Life Insurance Company (GILICO). You can create a financially favorable situation for your client by utilizing existing assets, no matter what their future holds: Win: Should your client require Long-Term Care, a tax-free benefit that is triple the annuity value may be available. Win: If your client never needs LTC, the annuity value grows at a stated rate, free from market risk. Giving You More Control Over the Sales Process Another win for both you and your client is the ability to call and schedule
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

GILICO Opening New Administrative Office

We are pleased to announce our new Administrative Office in Topeka, Kansas! As a follow-up to our message earlier this week regarding your tremendous efforts and the enormous influx of business we have experienced we are excited to announce the launch or our new service center and technology. What this means for you: New business written Monday, March 18, 2019 and thereafter should be forwarded to our new Office. The Administrative Office phone number is 833.444.5426 (833.4.GILICO). The address is: 5801 SW 6th Ave, Mail Zone 8583 Topeka, KS 66675-8583 Click on the Producer Contact Information Sheet for additional contact
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

GILICO Changes Are Coming Soon

CHANGES ARE COMING SOON! GILICOlink.com will soon be replaced by my.gilico.com At my.gilico.com, our agents/advisors and policyowners will soon be able to access more policy information online 24/7. From the dashboard, our AGENTS/ADVISORS will be able to view: Active and pending contracts Cash Value of your business Contributions Commissions Policy documents and client correspondence For the first time, our POLICYHOLDERS will be able to see contract details such as: Account value Fund Allocations Transactions Policy Documents Correspondence Watch your email for more details about my.gilico.com and other exciting changes, as we continue to help you grow your business!   GILICO
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

Introducing GILICO National Accounts Director

Cary Carney National Accounts Director Cary Carney is the new National Accounts Director for Guaranty Income Life Insurance Company. In his role, he is responsible for account management, business development, sales strategy, recruiting and sales for annuities within the Independent Marketing Organizations. Cary has over 20 years of experience in the industry and has a diverse knowledge of distribution through the Independent Marketing Organization, Bank and Broker Dealer marketplace. Prior to joining GILICO, Cary worked with annuities and life insurance where he held numerous sales and sales management positions with a large fortune 500 financial services company. Cary also holds
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

GILICO’s Home Office is moving!

Just a reminder that Guaranty Income LIfe’s Home Office will be closed for our move on Friday, January 18, 2019 and for Martin Luther King Day on Monday, January 21, 2019. Our phone and fax numbers will remain the same. However, we will be moving to a new phone system on Friday, which will cause interruptions in service. Sending an email rather than leaving a voicemail or sending a fax will ensure that your message or paperwork reaches us. Mail or overnight deliveries should be sent to our new address: 2638 S. Sherwood Blvd. Ste. 200 Baton Rouge, LA 70816-3404
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

GILICO Introduces Exciting AnnuiCare Changes

Not Your Father’s Long-Term Care Insurance The Evolution of AnnuiCare®! GILICO is excited to announce a new generation of AnnuiCare® underwriting is here! Over the next few months, we will introduce multiple enhancements to the qualification process, which will make it easier to know if your client is a good prospect for AnnuiCare®. Phase 1 – Effective Immediately Introducing a Prescreen Form — No more Rapid Response Form! Based on the answers to the questions on the Prescreen Form you will know immediately whether or not you should take application. If you client answers “no” to all the questions, the
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

GILICO 6 Year Products Are Now Available Above Age 79!

Higher Issue Ages Guaranty 6 issued through age 90! 3.40% Guaranteed for 6 Years Full Accumulation Value Death Benefit Interest Monthly After 30 Days IRA/RMD Friendly Guaranty 4 and Guaranty 6 annuities offer interest rates which are among the highest MYGA rates currently being offered! They offer safety, stability and triple compounding; and the extended issue ages and great rates make these an easy sale for many clients!   AnnuiCare® 6 issued through age 85! 3.40% Guaranteed for 6 Years Full Accumulation Value Death Benefit Effective April 1, 2018, clients over age 79 have an additional AnnuiCare® option. AnnuiCare® 6
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

GILICO Announces AM Best Upgrade

November 1, 2017 PRESS RELEASE Contact: Forrest E. Mills, Jr., CFO Guaranty Income Life Insurance Company “A Kuvare Company” Phone: 225-383-0355 Fax: 225-388-0022 forrest@gilico.com www.gilico.com GUARANTY INCOME LIFE ANNOUNCES UPGRADE FROM A.M. BEST November 1, 2017, Baton Rouge, LA – Guaranty Income Life Insurance Company received upgrades from A.M. Best to their Financial Strength Rating (FSR) to B++ (Good) from B+ (Good) and their Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb-.” The outlook on these Credit Ratings is “stable.” Dhiren Jhaveri, Chairman of Guaranty Income Life Insurance Company (GILICO), said, “We are pleased with the upgrade of
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.