Thrivent LTC: Coronavirus Update

Grace periods extended to help customers through the impacts of coronavirus For corporate and field: Thrivent policy will not let any health contracts lapse before July 1, 2020 Some customers may be facing financial difficulties due to the impacts of coronavirus (COVID-19). To help them through this challenging time, Thrivent is offering an extended grace period for health insurance products. We will not lapse any contracts nationwide during the pandemic. This is very similar to the actions we take to offer a premium extension when a state declares a disaster. Details of the extended grace period This applies to contracts
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Categories: COVID-19, Industry News, Long-Term Care, and Thrivent.

Updated LTC e-Application FAQ

If you haven’t tried the LTC e-App yet, what are you waiting for? Some great features of the e-App include: Mistake proof-visual cues let you know your progress and prompt you for missing information Simple e-signature process Auto-save function so not of your information is lost A dashboard shows all applications in process To learn more about the LTC e-App, review our updated LTC e-App FAQ here.   Updated LTC e-Application FAQ   #goldencareagent #mutualofomaha #longtermcare
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Prescreening LTCi Applicants is Always a Good Idea

No one wants to tell a client their LTCi application has been declined or their policy has to be rated up. Let Mutual of Omaha help you avoid these awkward conversations. Prescreening your LTCi applications is the best way to know what rate class to quote or even whether the case should be submitted. Mutual of Omaha makes prescreening fast and easy. They offer this guarantee: send an email to ltcunderwriting@mutualofomaha.com and you’ll have a response in four hours. Be sure to include information like: Dates of doctors’ visits Specialty physicians the client may be seeing Pending surgeries or lab
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Important Updates from Customer Service

At Mutual of Omaha, we exist for our customers. That’s why we want you to know that we’re closely monitoring the global coronavirus (COVID-19) outbreak and taking precautionary measures to promote the health and safety of our customers and associates. Although our physical location is closed, we have implemented measures so that business remains as usual for customers. Our associates are working remotely taking calls and processing customer requests. This article includes information regarding: Extending grace periods Processing of policy claims during an extended grace period Life insurance policy coverage during a pandemic Changes to duplicate policy request processing Self-service
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Categories: COVID-19, Critical Illness, Disability Income Insurance, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

The Changing Landscape of LTC Planning

LTCi Remains Firmly Rooted as Viable Option When it comes to planning for LTC, consumers have more choices than ever before. But if they’re looking for the least expensive option, more comprehensive and generous benefits and other features like care coordination and inflation protection, then a traditional LTCi policy may be their best option. Traditional Policy Advantages: The least expensive way to fund long-term care services, providing strong value for the consumer Benefits are more comprehensive and generous than those provided by combined products Flexible policies provide coverage during the progression of care Provides known coverage amounts on day one
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

A Message From Our President & CEO | Transamerica’s commitment to our customers

A MESSAGE TO TRANSAMERICA’S CUSTOMERS From President & CEO Mark Mullin Transamerica continues to closely monitor developments with the coronavirus (COVID-19) and its impact. Unfortunately — and as you well know — it is significantly impacting our lives and our communities, as well as society and the economy. For over a century, we’ve been helping people plan for a secure financial future. We will continue to protect our customers and their savings, and safeguard their long-term financial plans during these challenging times. In February, we began to implement company-wide measures designed to protect the health and safety of our employees,
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Categories: COVID-19, Industry News, and Long-Term Care.

NGL EssentialLTC News

Deleting Old E-Applications The E-Application system now allows you to delete applications you are no longer working on via the “Your E-APP Summary Reports” section. Additionally, E-Applications entered but not submitted will automatically be deleted after 30 days of inactivity. Benefits of using E-APP Work with clients nationwide. Share your screen with clients or use it directly with the client. Efficient application process. Faster processing of business Click here to submit new business. Face-to-face exams for ages 66-79 NGL underwriting guidelines require an in-person exam for long term care insurance that includes cognitive and functional screening. Due to the current
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Categories: COVID-19, Industry News, Long-Term Care, and National Guardian Life.

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.