Securian: maximize your client’s LTC benefit pool

Pro tip: maximize your client’s LTC benefit pool When you’re trying to find the best LTC product for a client, there’s often a temptation to do an apples-to-apples comparison between different carriers. But when you design a SecureCare Universal Life policy to match a competitor’s, you may miss out on the sweet spots. SecureCare tends to offer clients the most value when it uses an even-year benefit duration – and our 6-year benefit duration does the best from there. Just to give you an idea, here’s a hypothetical example for a 62 y/o male (NT, single) showing a $100K single-pay
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Categories: Industry News, Life Insurance, and Securian.

Genworth Announces Termination of Merger Agreement with Oceanwide

RICHMOND, Va., April 6, 2021 /PRNewswire/ — Genworth Financial, Inc. (NYSE: GNW) (Genworth, the Company) today announced that it has exercised its right to terminate its merger agreement with China Oceanwide Holdings Group Co., Ltd. (Oceanwide) as of April 6, 2021. Terminating the agreement allows Genworth to pursue its revised strategic plan without restrictions and without uncertainty regarding its ultimate ownership, which might impact the Company’s ability to successfully execute the plan. The Company’s revised strategic plan includes a potential partial initial public offering (IPO) of its U.S. MI business (subject to market conditions as well as the satisfaction of
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Categories: Genworth, Industry News, and Long-Term Care.

GoldenCare Newsletter | April 5, 2021

Read Full GoldenCare Newsletter, April 5, 2021 Edition In this GoldenCare Newsletter Edition From GoldenCare:   TOMORROW! LEADS AND REFERRALS WITH CAREOPTIONS Tues, April 7, 2021 2:00 PM  to  2:30 PM CDT   Diversify your portfolio for greater sales success! Join us for product and sales live and prerecorded training.  Stay up-to-date on the latest products and sales strategies. Check back for our next exciting promotion! Guest Article: “America now knows that nursing homes are broken. Does anyone care enough to fix them?,” by Suzy Khimm, NBC News Enjoy!   Compliance: REMINDER:  Holiday Telephone Solicitation Ban for the Month of
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Categories: GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, Mutual of Omaha (& Affiliates), National Guardian Life, OneAmerica, Thrivent, and Transamerica.

You’re Invited! | Get Those Sales Up With Leads and Referrals

Join special guest speaker Bob Pearson, CEO of NavGate Technologies, for a live demonstration to show the many features of this platform. See just how advantageous this Health & Wellness Hub can be!   Register now to reserve your space! Wednesday, April 7, 2021 2:00 PM  to  2:30 PM CST         Questions or help registering? Call the GoldenCare Marketing Team at 800-842-7799! Don’t forget to subscribe to our News Digest for all the latest announcements from the Top Carriers! Check out GoldenCare News  
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Categories: GoldenCare News and Industry News.

Good News | 3 New Medicare Supplement Incentives!

Good News! No April Fool’s stunts here – today is the official kick-off of three Medicare Supplement sales incentives! Enjoy extra bonus bucks when you write Medicare Supplement business during April, May and June, with Humana (Humana Achieve), Lumico and Union Security! For full details and qualification criteria, click each carrier’s incentive flyer below: Humana Achieve – We’ve Extended Your Opportunity to Achieve Lumico – Protecting more families has a big upside Union Security – Continue covering more families and earning more bonuses     Read Full Good News Article   Click Here to add additional carriers & products to
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Categories: GoldenCare News, Industry News, and Medicare Supp./Adv..

“The Nursing Home Vulnerabilities That Led to Disaster”

“The Nursing Home Vulnerabilities That Led to Disaster,” by Emily Gurnon, Next Avenue “The pandemic has exacerbated and raised awareness about the poor conditions in many nursing homes nationwide. But those conditions existed before COVID-19 hit the U.S., and they are likely to continue unless changes are made, experts say. … What set nursing homes up to fail so dramatically during the pandemic? Experts point to five main factors.”   LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: All five of those factors play a role, but note this. Nothing in this article, nor in most of the
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Categories: Clippings and Industry News.

“Reverse Mortgages: 10 Things You Must Know”

“Reverse Mortgages: 10 Things You Must Know,” by Jackie Stewart, Rachel L. Sheedy, the Editors of Kiplinger’s Retirement Report, March 26, 2021, Kiplinger   “Get a large wad of cash! Never make a mortgage payment again! Stay in your home as long as you want! Sounds like a great deal, right? Well, for some older homeowners, a reverse mortgage can be. For others, it’s more perilous than promising. If you’re considering a reverse mortgage, there’s a lot you need to know before signing on the dotted line. … If the person suggests investing the funds in certain financial products, such as long-term care
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Categories: Clippings and Industry News.

A Better Solution than Relying on Family

  There’s a better option than kids as caregivers “My kids will take care of me.” We’ve all encountered prospective clients who use this line to rationalize why they don’t need a long-term care insurance policy. But when pressed, they’ll often admit they don’t really want their kids to have to take care of them. So how do you demonstrate that purchasing an LTCi policy may be a better solution than relying on their kids? Download the Flyer   Have questions or need a quote? Contact us.   E3368   A Better Solution than Relying on Family   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Simplified Issue Life: Weekly Time Service Update

From the Desk of Marty Johnson Mutual of Omaha would like to thank you for your business! We are very appreciative of the amount of business we have received, and continue to receive, due to your commitment and partnership. Due to the unprecedented volume of new business, our Simplified Issue Life Underwriting team is experiencing delays in time service. However, we remain committed to providing you the quality service you have come to expect. To accommodate this, we are increasing our staff and working overtime on nights and weekends to ensure your business is handled properly, and as quickly as
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Watch GTL’s Straight Through Processing in Action

Access GTL Policies within Seconds of Approval!   Instantly Issue your Hospital Indemnity policies and get paid quicker with GTL’s online submission platforms! Whether your client meetings are virtual or in-person, GTL’s Straight Through Processing will help instantly deliver your policies online. Watch our short video to see it in action! Watch the Video Visit the Agent Portal   Watch GTL’s Straight Through Processing in Action   #goldencareagent #gtl
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Categories: Guarantee Trust Life, Hospital Indemnity Plan, and Industry News.