“What You Could Learn About a Successful Retirement From Current Retirees,” by Walter Updegrave, Money “Despite all the talk of a retirement crisis — and fears of people running through their savings too quickly — a new study has found something interesting: Older Americans who’ve spent nearly two decades in retirement have not only been able to maintain their pre-retirement standard of living, but have managed to do so while keeping their nest egg largely intact. But before today’s retirement savers get too giddy, the same study warns that future retirees may find it much more difficult to achieve anything
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GTL: Medicare Supplement Now Available in MI and VA
Medicare Supplement Insurance Now Available In Michigan & Virginia • Competitive rates • Paper only – e-App coming soon! • Over 40 years in the market! • Household discounts • 3-4 day underwriting time • Long-tenured, friendly staff GTL Medicare Supplement Insurance applicants can now submit an application up to 6 months in advance of a selected effective date! Medicare Supplement is currently available in: Arizona, Georgia, Idaho, Illinois, Iowa, Kentucky, Maryland, Michigan, Mississippi, Montana, Nevada, North Carolina, North Dakota, Ohio, Pennsylvania, South Carolina, South Dakota, Tennessee, Utah, and Virginia. More states coming soon! Medicare Supplement
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“Tools added to insurance portfolio”
“Tools added to insurance portfolio,” McKnight’s Long-Term Care News “Genworth Financial has launched an eSuite of new business tools, designed to simplify and expedite new long-term care insurance applications and increase producer efficiency. The electronic process reduces time from application signature to policy in-force date by almost three weeks, the company said.” LTC Comment (from Damon Moses, Administrative Coordinator, Center for Long-Term Care Reform): Innovation that helps make long-term care insurance more accessible is a good thing. Tools added to insurance portfolio #insurance #portfolio #goldencareagent
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“Debunking Five Common Myths About Long-Term Care Planning”
“Debunking Five Common Myths About Long-Term Care Planning,” by Kara Gansmann, WilmingtonBiz Insights “These misconceptions are worth revisiting to debunk them once and for all. . . . Myth 2: I have to spend all my assets to be eligible for Medicaid. Families may choose to spend all their assets on care. Elder law attorneys determine the best approach for each family by considering the needs of any at-home spouse, the amount of time available to plan, the family’s goals, and the types of assets. By using tools like trusts and annuities, families can preserve assets and still qualify for
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“Healthcare prices hard to find online”
“Healthcare prices hard to find online,” by Lisa Rapaport, Reuters “Consumers who search online for prices of common medical procedures may be disappointed by what they find, a U.S. study suggests. . . . They did a simple search, such as ‘cost of hip replacement in Los Angeles,’ swapping in different medical services and cities each time, to see how often the results would lead consumers to a price. Of 1,346 websites in the search results that weren’t advertisements, only 234, or 17 percent, provided geographically relevant price information, the study found.” LTC Comment (from Stephen A. Moses, President,
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Omaha Holiday Office Closings
Mutual of Omaha and its affiliates (United of Omaha, Companion Life Insurance Company, and United World) will be closed on the following days: Monday, December 25th Monday, January 1st From everyone at Mutual of Omaha, we wish you happy holidays and safe travels! Holiday Office Closings #goldencareagent #mutualofomaha #happyholidays
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New LTCi Sales Idea Flyers
Mutual of Omaha’s long-term care insurance policies have several great benefits. New sales idea flyers were created to help you promote these benefits to your clients. Buy-Up Option — allows clients to increase inflation protection once a year. (Available only on MutualCare® Custom Solution policies.) Cash and Reimbursement Benefits — let your clients choose how they want to receive benefits. Return of Premium — an additional rider that can be offered to clients if they are hesitant on buying an LTC policy. There is an additional charge for this rider. Care Coodination — a built-in benefit that will help clients
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Good News | Omaha’s Sales Idea Flyers Put Focus On LTCi Features That Sell
New LTCi Sales Idea Flyers Mutual of Omaha’s long-term care insurance policies have several great benefits. New sales idea flyers were created to help you promote these benefits to your clients. Buy-Up Option — allows clients to increase inflation protection once a year. (Available only on MutualCare® Custom Solution policies.) Cash and Reimbursement Benefits — let your clients choose how they want to receive benefits. Return of Premium — an additional rider that can be offered to clients if they are hesitant on buying an LTC policy. There is an additional charge for this rider. Care Coodination — a
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DI Underwriting Enhancements
We appreciate your Disability Insurance business and valuable feedback. Our Disability Income Underwriting has invested time and resources in an effort to standardize delivery requirements and improve communication with our business partners. After listening to your feedback, the enhancements below are now implemented: Initial Review Complete Email Enhancements Case managers will add attachments such as missing app information, missing forms, and app corrections Memos (emails) will be added to clarify what is still outstanding or needed Notification Follow-up Case managers will reach out via phone call one week after the initial email is sent, if no action has taken place
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Coming Soon: Updated Living Promise e-App
When we update the Living Promise (Final Expense) e-Application to consolidate screens and add additional features to Living Promise we want you to have the smoothest transition process. We will have two Living Promise versions displayed on the Case Information screen during the transition period so you can access your pending applications without losing any information or disrupting your business in the process. Below you will find a guide for which version you will need to select based on your case status after the install. Locked Case: Select Living Promise (DO NOT USE for New Business) and continue through the
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