Additional COVID-19 Notice required for LTCI sales in New Mexico

Action required beginning March 27; provide COVID-19 notice to prospective customers Beginning March 27, all financial professionals in New Mexico who sell Thrivent long-term care insurance (LTCi) are required to provide an additional COVID-19 (coronavirus) notice to prospective customers. The notice will be included in New Mexico app packets on partner.thrivent.com or on iPipeline’s FormsPipe. Click here to view a sample.     #goldencareagent #thrivent #ltc
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Categories: COVID-19, Industry News, Long-Term Care, and Thrivent.

Thrivent LTCI News: Underwriting updates regarding COVID-19

Underwriting Questions FAQ (COVID-19) Last updated 03/25/2020 How are we underwriting COVID cases? Applicants positive for COVID 19 will be postponed. We will reconsider coverage 3 months after a negative test for COVID 19. Is Thrivent waiving underwriting requirements due to COVID 19? We are not waiving any underwriting requirements at this time. What if during policy delivery while completing the Statement of Good Health, it’s learned that the insured has tested positive to COVID-19 since the initial application? Client will need to wait until 90 days after being fully recovered at which time they can re-apply. Are we taking
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Categories: COVID-19, Industry News, Long-Term Care, and Thrivent.

You’re Invited! “Social distancing” doesn’t have to bring your business to a halt

Thurs, April 2, 2020 11:00 AM  to  11:30 AM CDT   Each attendee will receive our Internet Selling Guide and Customizable Consumer Presentation just for attending! Available exclusively in our LTC CEO Office, Home and Internet Selling Tools software, but to help ensure your success we’ll be giving them away free of charge for attending this important event!     Read Full Invitation 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  
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Categories: GoldenCare News, Industry News, and Long-Term Care.

Good News | Securian Moves To Support Its Community During Pandemic

Securian answers Minnesota nurses’ call for masks in a big way The Minnesota Nurses Association began its protective-mask donation drive with a bang. Securian Financial in St. Paul donated 20,200 masks to help fill the “drastic” shortage health care workers say they face in the fight against the COVID-19 pandemic. Securian had stockpiled protective masks in a warehouse in case of emergency. Nicole Hansen with Securian Financial and Rick Fuentes with the Minnesota Nurses Association loaded up a dolly with cases of protective masks at the MNA offices on Saturday, March 21, 2020. Click for details on Securian’s efforts to
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

OneAmerica Care Solutions News

Supporting our partners and customers Our Response to COVID-19 We hope you and those closest to you are doing well as the COVID-19 outbreak continues to affect businesses and communities throughout the country and across the world. OneAmerica has long been in the business of helping individuals and businesses plan for the future and protect themselves during uncertain times, and this is no exception. As the outbreak of COVID-19 continues and knowing that this situation will continue to evolve over the coming weeks, we want to make sure you’re aware of the steps we’re taking to protect our associates, customers
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Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

Underwriting Materials Updated for New Term Conversion Guidelines

On March 18th we announced changes to our term conversion rules on our Term Life Answers fully-underwritten term insurance product. Our new Underwriting Guidelines booklet has been updated with the new term conversion guidelines and is available for ordering through your normal supply channels. And our newly updated Term Conversion Guidelines flyer also gives guidance for both of our term products, Term Life Answers and Term Life Express, regarding: The term conversion periods The conversion products available The compensation paid on conversions If you have any questions about our term products or their conversion privileges, please contact Mutual of Omaha’s
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Important Information Regarding LTC Underwriting and New Business

LTC Underwriting and New Business have received several inquiries for processing alternatives in light of the current situation. The e-Application located on Sales Professional Access remains the best means to submit an application and reduce amendments; however, this email provides information on the following topics: NEW: Email submission of applications and requirements NEW: LTC Policy output options Accepted ways of accepting electronic signatures for new business processing The status of our new business vendors NOTE: This information pertains exclusively to the long-term care product portfolio.   Email Submission of LTC Applications Starting on March 27, 2020 LTC paper applications and
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Categories: COVID-19, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Important Information Regarding the Underwriting of Pending Apps

As COVID-19 cases increase within the United States and around the world, Mutual of Omaha is issuing the following underwriting guidance on new and pending applications for life and health products, effective immediately (Note: Health products include Accidental Death, Long-Term Care, Disability Income, Critical Illness, Cancer, and Heart Attack & Stroke. This does NOT apply to Med Supp applications.): If the proposed insured or any member of his or her household has traveled or resided outside of the United States within the past 30 days, the application will be postponed until 30 days following their return. If the proposed insured
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Categories: COVID-19, Critical Illness, Disability Income Insurance, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Term Life Answers Pricing Changes

It’s important that we continually review our product portfolio and make decisions that are in the long-term best interest of our policyholders and our distribution partners. Effective April 1, 2020, we will be updating our Term Life Answers (TLA) product pricing for new issue policies. Our TLA product continues to provide clients with value and we will continue to offer these competitive product features: Age Last Birthday Underwriting FIT Underwriting Credit Program Accelerated Underwriting Program Flyer (for drop ticket applications only) Conversion Priviledges No-Cost Waiver of Premium for Unemployment Rider In addition to the product features above, effective April 1,
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Our Underwriting and Case Management Staff are Here for You

Our LTC Underwriting and New Business teams are fully staffed, working remotely and actively accepting and processing your LTCi applications. The e-Application located on Sales Professional Access remains the best means to submit an application and reduce amendments. View the Quick-Start Guide to get started. Our vendors are working to capacity with no delays in issuing or mailing policies; however, due to social distancing, self-imposed quarantine and prioritizing patient care, we are experiencing some delays in face-to-face interviews and obtaining APS’s. That said, we will remain flexible by working with you on keeping your cases open and processing your business.
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Categories: COVID-19, Critical Illness, Disability Income Insurance, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).