We appreciate your attendance and enjoyed answering all your questions at the fifth LTC underwriting teleconference. Didn’t make it? That’s OK! We recorded it for you. Dial this number to listen to the teleconference anytime: (855) 859-2056 | Conference ID: 9182458 All teleconferences are available for download on Sales Professional Access under Sales Tools > Product Education. Please look for continued communications from us in 2020. LTC Teleconference Recording: Other Than Applied #goldencareagent #mutualofomaha
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Happy Holidays from GoldenCare!
Wishing you and yours a wonderful holiday and we look forward to striving to move the Long Term Care industry forward with you in 2020. The GoldenCare Team #goldencareagent
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GoldenCare Newsletter | December 23, 2019
Read Full GoldenCare Newsletter, December 23, 2019 Edition In this GoldenCare Newsletter Edition From GoldenCare: Diversify your portfolio for greater sales success! Join us for product and sales live and prerecorded training. Stay up-to-date on all the latest and greatest in the industry. For a list of current topics and to get in on the discussion Click Here. Update Your Contracts LTCCEO Updates: Be sure you’ve got the latest version! Double click “Check for Updates” on your desktop to receive the latest update or call us at 800-842-7799! Happy Selling! Current Promotion: Check back for our next exciting promotion!
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“Genworth and Oceanwide Extend Merger Agreement”
“Genworth and Oceanwide Extend Merger Agreement,” Cision PRNewswire Quote: “Genworth Financial, Inc. (NYSE: GNW) and China Oceanwide Holdings Group Co. Ltd (Oceanwide) today announced they have agreed to a 13th waiver and agreement of each party’s right to terminate the previously announced merger agreement. The 13th waiver and agreement extends the previous deadline of December 31, 2019 to no later than March 31, 2020.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Wishing Genworth Happy Holidays and a quick close.
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Clippings, Industry News, and Long-Term Care.
Happy Holidays from United Security Assurance
We are truly grateful for for the many relationships we’ve built over the years, with the hard working producers we serve everyday. Wishing you a season of joy and look forward to our continued success in 2020. The Management and Staff of United Security Assurance #goldencareagent #unitedsecurity
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Rate Adjustments Effective March 1, 2020
Long-Term Care insurance (LTCi) is a core product for Mutual of Omaha, and we intend to remain a key player in this market for years to come. To fulfill this commitment, we actively monitor emerging industry trends and make any adjustments necessary that enable us to keep our promises to policyholders and remain competitive in the marketplace. For this reason, we will be implementing the following rate adjustments effective March 1, 2020: Block of Business Impacted States NHA, LTA, HCA, LT50, NH50 Illinois For a complete rate history, see the state approval grid on Sales Professional Access. Policyholder Notification
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Rate Adjustments Effective April 1, 2020
Long-Term Care insurance (LTCi) is a core product for Mutual of Omaha, and we intend to remain a key player in this market for years to come. To fulfill this commitment, we actively monitor emerging industry trends and make any adjustments necessary that enable us to keep our promises to policyholders and remain competitive in the marketplace. For this reason, we will be implementing the following rate adjustments effective April 1, 2020: Block of Business Impacted States LTC04G, LTC04I and LTC06UI Maine For a complete rate history, see the state approval grid on Sales Professional Access. Policyholder Notification Process
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Consumers’ Privacy Rights and Information Security
Consumers’ Privacy Rights and Information Security There have been recent changes to privacy and cybersecurity laws that will affect how you do business with Transamerica. Your relationship with Transamerica requires that you comply with certain laws, regulations and practices around how company and consumer information is processed and protected. It is important that you comply with all of these obligations, including those related to Consumers’ Rights and Information Security as detailed in the attached memo. CCPA Field Compliance Action Memo Consumer Privacy Questions? Please contact the Transamerica sales desk at 888-545-2713. Consumers’ Privacy Rights and Information Security #goldencareagent
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2019-2020 Advertising Compliance Annual Transamerica Agent Bulletin
2019-2020 Advertising Compliance Annual Agent Bulletin As you’re closing out your 2019 business, and making plans for an explosive 2020; check out the 2019-2020 Advertising Compliance Annual Agent Bulletin for your Advertising responsibilities and to answer many of your questions. Please take time to read through the information and discuss the content at your next Agency meeting. Click here to check it out! Questions? Please contact the Transamerica sales desk at 888-545-2713. 2019-2020 Advertising Compliance Annual Transamerica Agent Bulletin #goldencareagent #transamerica
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In-Force Rate Action Announcement: Oklahoma (Pre-PCS, PCS I, PCS II)
> PCS II with Stable Premium Option As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Oklahoma has now allowed the following increases: Oklahoma Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods Pre-PCS 0% 32.25% phased 15%, 15% cumulative PCS I 32.25% phased 15%, 15% cumulative 32.25% phased 15%, 15% cumulative PCS II 15% 15% Communications Timeline Servicing agents will receive a list of their impacted
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