The Life Insurance Underwriting Guidelines booklet has been updated for January 1, 2021 and is now available to order. Changes effective January 1, 2021 include: The IRS Tax Transcript form number that was previously 4506T-EZ has been updated and is now 4506-C. The new 4506-C tax transcript form is available to download on SPA. The generally acceptable maximum face amount for juveniles has been increased from $100,000 to $250,000; and the maximum we will consider has been increased from $250,000 to $500,000 We will now request a pharmaceutical check (Rx) for all Juvenile policies The updated guide is available to
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New All-in-One Overview of Member Benefits
New All-in-One piece discusses benefits to membership As a membership-owned organization, Thrivent answers to our clients — never to shareholders on Wall Street. By operating this way, we build relationships based on transparency and trust. We’re a client-first community with shared values that offers financial guidance that reflects your unique goals. See how Thrivent differs from other insurers with this overview of Thrivent’s member benefits. Who we are How we’re different What we offer Workshops and Events Partnering Highlights of strength The benefits of membership Thrivent Action Teams Thrivent Choice This piece is currently DOWNLOAD ONLY and can be found
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New Sales and Marketing Process Brochure
Six Steps to LTCi Sales Boost your LTCi sales by furthering your product and sales process knowledge! Our new Sales and Marketing Process brochure breaks the sales process down into 6 thoughtful steps, helping you organize your approach to sales. This handy brochure also suggests other educational material for each step in the process, so it’s an invaluable resource for learning all things LTCi. Check out the steps and how they can help you jump start sales by downloading the brochure. New Sales and Marketing Process Brochure #goldencareagent #mutualofomaha #longtermcare
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2021 Partnership Minimum Benefit Requirements for CA, CT, IN and NY
Each year, the original Partnership states (CA, CT, IN and NY) revisit certain minimum benefit requirements to qualify for their Partnership programs. The requirements that are changing for 2021, as well as some (but not all) minimum Partnership requirements that not changing, are listed below. California Partnership The following minimum benefit requirements for Partnership in California are not changing for 2021. Requirements 2020 2021 Minimum Daily Benefit $230 $230 Minimum Monthly Benefit $7,130 $7,130 Connecticut Partnership The minimum monthly benefit required in 2021 for Connecticut Partnership plans will be $9,095. Because this amount is higher than the current maximum
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Good News | Industry Updates 2020 On-Demand Recording!
Good News! Our Industry Updates Recording Is Available On-Demand Did you miss GoldenCare’s Industry Updates – 2020 Year-End Grand Finale” webinar presentation yesterday? Due to the overwhelming number of requests, we’re pleased to make the recording of this presentation available on-demand for a limited time. Click here or click the image above to watch it now! Happy Selling and Success in 2021! Read Full Good News Article Click Here to add additional carriers & products to your appointments. Questions? Call our Marketing Team at 800-842-7799! Don’t forget to subscribe to our News Digest for all the latest announcements
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“Genworth to Shift to China Oceanwide Deal Backup Plan”
“Genworth to Shift to China Oceanwide Deal Backup Plan,” by Allison Bell, ThinkAdvisor Quote: “Genworth Financial Inc. and China Oceanwide Holdings Group Co. Ltd. today said they will shift to using a merger agreement without an end date. Genworth said it will begin executing a plan that serves as an alternative to the company being acquired by China Oceanwide. China Oceanwide has been trying to acquire Genworth since October 2016, in a deal with an estimated value of about $2.7 billion.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Better open-ended than never.
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Clippings and Industry News.
“The COVID-19 Pandemic Has Upended The LTCi Market”
“The COVID-19 Pandemic Has Upended The LTCi Market,” by Ayo Mseka, InsuranceNewsNet Quote: “NAIFA’s 2020 Impact Week: Long-Term Care Conference was a treasure trove of information for financial professionals looking to enhance their knowledge of the limited and extended care planning and long-term care insurance markets. The online event was presented by NAIFA’s LECP Center, which gives agents and advisors the opportunity to network with service providers and gain information they can use to address the changing needs of the market.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Click through for a brief summary
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Clippings and Industry News.
“What’s Most Hurting the Financial Security of Older Americans”
“What’s Most Hurting the Financial Security of Older Americans?,” by Ginger Szala, ThinkAdvisor Quote: “Adults age 70 and older have increased their debt since the Great Recession — largely due to mortgage payments — and this hampers their ability to overcome ‘negative events’ as they age, according to a recent study by the Center for Retirement Research of Boston College. … The study also reveals that heavier debt burdens are likely to result in ‘more hardship’ for today’s older retirees. However, those ‘less well off’ retirees are increasingly vulnerable to both personal financial and economic shocks. … The authors state that
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Clippings and Industry News.
Good News | Omaha Reiterates Their Commitment to Long-Term Care Insurance
Good News! Mutual of Omaha Believes In Long-Term Care Insurance We sold our first long-term care insurance policy in 1987, and since then, Mutual of Omaha has paid over $1.1 billion in benefits to our policyholders. We are committed to providing solutions that will meet the long-term care needs of your clients and prospects, and to offer you the tools and resources that make it easy to do business with us. Thank you for your continued trust in Mutual of Omaha. We believe in long-term care insurance and look forward to providing you LTC solutions for years to come. We
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Next WEDNESDAY! Special Invitation – 2020 Industry Updates Featuring Steve Moses
Join us for an exciting Industry Updates presentation! Questions? 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 For producer use only. Not for use with the general public.
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