“The Real Reasons People Decide to Buy Long-Term Care Insurance”

April 7, 2020 | by | Comments Off on “The Real Reasons People Decide to Buy Long-Term Care Insurance”

“The Real Reasons People Decide to Buy Long-Term Care Insurance,” by Dennis Ho, Kiplinger   Quote: “Before you dig into costs, benefits and contingency plans, step back and look at the big picture. This decision is bigger than budgets and life-expectancy tables. It’s about your family and your wishes for them as well as yourself. Reason 1: I don’t want my care to become a burden to my family. Reason 2: I want to ensure I save what I’ll need for retirement – and protect my hard-earned assets. Reason 3: I want to ensure I have choices when it comes
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Categories: Clippings, Industry News, and Long-Term Care.

“Here’s Why Genworth Financial Is Soaring Today”

April 7, 2020 | by | Comments Off on “Here’s Why Genworth Financial Is Soaring Today”

“Here’s Why Genworth Financial Is Soaring Today,” by Matthew Frankel, Motley Fool   Quote: “Thursday is shaping up to be a relatively calm day for the stock market, but one stock that is seeing a major upside move is Genworth Financial (NYSE:GNW). As of 10:45 EDT, the mortgage and long-term care insurance company was higher by nearly 16%. … The company issued an update to shareholders Wednesday afternoon, stating that China Oceanwide has informed them that the $1.8 billion financing arrangement they’re relying on has been successfully extended through the end of June, which is the current deadline for the transaction to
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Categories: Clippings, Industry News, and Long-Term Care.

Exciting new look from NGL

April 6, 2020 | by | Comments Off on Exciting new look from NGL

Exciting new look from NGL We hope that you are all staying healthy and we thank you for your continued support. As we all navigate this uncertain time, we wanted to provide some positive news and are excited to share our new logo with all of you! Please click on the image below for the reveal. NGL has utilized the “tree of life” logo since 1965 when it was originally created. It has been a strong logo, however with NGL’s renewed purpose and focus, a modern brand that resonated with partners and policyholders was created. “Testing several logos and selecting
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Categories: Industry News, Long-Term Care, and National Guardian Life.
Tags: EssentialLTC, insurance, Long-Term Care, long-term care insurance, LTC, LTCi, National Guardian Life, and NGL.

Grace period extended for policyholders

April 6, 2020 | by | Comments Off on Grace period extended for policyholders

March 31, 2020 By NGL Nothing about the last few weeks has been normal. We have all been impacted by the recent events centered around the coronavirus (COVID-19). Our hearts go out to anyone who is ill or has an ill family member. To help our policyholders during this difficult time, NGL is temporarily extending our policy lapse grace period to 120 days from 60 days. What does a 120-day grace period mean? We understand there is a lot of uncertainty right now, and NGL doesn’t want to add additional stress on you if you are experiencing financial concerns. If
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Categories: COVID-19, Industry News, Long-Term Care, and National Guardian Life.
Tags: EssentialLTC, insurance, Long-Term Care, long-term care insurance, LTC, LTCi, National Guardian Life, and NGL.

Thrivent LTC: Coronavirus Update

April 6, 2020 | by | Comments Off on 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.
Tags: Coronavirus, COVID-19, insurance, Long-Term Care, long-term care insurance, LTC, LTCi, pandemic, Thrivent, Thrivent Financial, Thrivent Financial for Lutherans, and virus.

Updated LTC e-Application FAQ

April 6, 2020 | by | Comments Off on 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).
Tags: insurance, Long-Term Care, long-term care insurance, LTC, LTC Conversation, LTC Planning, LTCi, mutual of omaha, and omaha.

Prescreening LTCi Applicants is Always a Good Idea

April 6, 2020 | by | Comments Off on 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).
Tags: insurance, Long-Term Care, long-term care insurance, LTC, LTC Conversation, LTC Planning, LTCi, mutual of omaha, and omaha.

Important Updates from Customer Service

April 6, 2020 | by | Comments Off on 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).
Tags: Coronavirus, COVID-19, critical illness, disability, health, Life Insurance, Long-Term Care, long-term care insurance, LTC, LTCi, Med Supp, Medicare Supplement, Medigap, MS, mutual of omaha, omaha, pandemic, pending cases, Underwriting', and virus.

The Changing Landscape of LTC Planning

April 6, 2020 | by | Comments Off on 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).
Tags: insurance, Long-Term Care, long-term care insurance, LTC, LTC Conversation, LTC Planning, LTCi, mutual of omaha, and omaha.

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

April 1, 2020 | by | Comments Off on 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.
Tags: Agent Resource Center, ARC, insurance, Long-Term Care, long-term care insurance, LTC, LTCi, and Transamerica.