“What You Don’t Know About Your Parents’ Finances Could Ruin Yours”

July 23, 2019 | by | Comments Off on “What You Don’t Know About Your Parents’ Finances Could Ruin Yours”

“What You Don’t Know About Your Parents’ Finances Could Ruin Yours,” by Jeff Rose, Forbes “‘If you don’t take the time to talk to your parents about their finances, your own finances could take a hit,’ said Cameron Huddleston, author of the new book ‘Mom and Dad, We Need to Talk: How to Have Essential Conversations With Your Parents About Their Finances.’ Why? There’s a good chance you’ll have to get involved with your parents’ financial lives as they age, she said. That can affect your own financial well-being if you aren’t prepared for that role.”   LTC Comment (from
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Categories: Clippings, Industry News, and Long-Term Care.

TransCare® II To Become Exclusive Product Offering in CA, FL, DE and HI

July 22, 2019 | by | Comments Off on TransCare® II To Become Exclusive Product Offering in CA, FL, DE and HI

TRANSCARE® II TO BECOME EXCLUSIVE PRODUCT OFFERING IN CA, FL, DE, and HI Effective June 27, 2019, TransCare II will be our exclusive product offering in the following states: California, Florida, Delaware, and Hawaii. After that date, TransCare III will be unavailable in those states.   Questions? Please contact the Transamerica sales desk at 888-545-2713.   TransCare® II To Become Exclusive Product Offering in CA, FL, DE and HI   #goldencareagent #transamerica
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Categories: Industry News and Long-Term Care.
Tags: Agent Resource Center, ARC, insurance, Long-Term Care, LTC, and Transamerica.

Have You Seen the New LTC Underwriting Guide?

July 22, 2019 | by | Comments Off on Have You Seen the New LTC Underwriting Guide?

Did you know the new MutualCare® Solutions Underwriting Guide is now available in its own standalone booklet? If you aren’t sure on an uninsurable medication or have a question on build chart details, the new underwriting guide is perfect to bring along with you for quick reference during client meetings. Order your new copies today! All materials are available to view/download through SPA or can be ordered through your normal channels.   Have You Seen the New LTC Underwriting Guide?   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
Tags: insurance LTC, long-term care insurance, LTCi, mutual of omaha, omaha, and Underwriting'.

EssentialLTC – Partnership Exchange Mailings in 3 States (KY, OH & OR)

July 19, 2019 | by | Comments Off on EssentialLTC – Partnership Exchange Mailings in 3 States (KY, OH & OR)

With the recent Partnership policy approval in select states, we are happy to announce that the exchange of eligible National Guardian Life (NGL) EssentialLTC policies is scheduled to occur in the following three states: Kentucky Ohio Oregon Exchanges of eligible EssentialLTC policies in these states are scheduled to begin July 19, 2019.   Eligibility for Automatic Exchange to a Partnership Policy To be considered as eligible for an automatic exchange to a Partnership policy, the inforce EssentialLTC Long Term Care insurance policy would need to meet all of the following LTC Partnership eligibility requirements: active policy issued and inforce that
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Categories: Industry News, Long-Term Care, and National Guardian Life.
Tags: insurance, Long-Term Care, LTC, LTCi, National Guardian Life, NGL, and Partnership.

Joe Guyotte joins NGL as National Sales Vice President

July 19, 2019 | by | Comments Off on Joe Guyotte joins NGL as National Sales Vice President

Madison-based mutual life insurance company, National Guardian Life Insurance Company (NGL), is pleased to announce that Joe Guyotte joined the Specialty Insurance Markets team as National Sales Manager – Individual Markets. Guyotte will focus on developing and implementing marketing plans with current and potential marketing organizations. He will also be working with agents for NGL’s individual products lines of business, including EssentialLTC (Long Term Care insurance) and Medicare Supplement. “We are excited for Joe to join our growing team. NGL believes in providing people the peace of mind and financial security they want in their retirement years. With the senior
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Categories: Industry News, Long-Term Care, and National Guardian Life.
Tags: insurance, Long-Term Care, LTC, National Guardian Life, NGL, and sales.

In-Force Rate Action Announcement: Ohio (Choice 1)

July 18, 2019 | by | Comments Off on In-Force Rate Action Announcement: Ohio (Choice 1)

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. Ohio has now allowed the following increase: Ohio Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods Choice 1 46% 55%   Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the start of policyholder notifications. Policyholder notifications will begin July 23, 2019 and will continue throughout the next
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Categories: Genworth, Industry News, and Long-Term Care.
Tags: Genworth, Genworth Life Insurance Company, GLIC, insurance, long-term care insurance, LTC, and LTCi.

In-Force Rate Action Announcement: Michigan (Privileged Choice®)

July 18, 2019 | by | Comments Off on In-Force Rate Action Announcement: Michigan (Privileged Choice®)

> Privileged Choice® with Stable Premium Option > 1% Benefit Increase 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. Michigan has now allowed the following increases: Michigan Product Series Increase Percentage Privileged Choice 20.3%   This rate increase applies only to non-AARP policies. Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the start of policyholder notifications. Policyholder notifications will begin July 30,
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Categories: Genworth, Industry News, and Long-Term Care.
Tags: Genworth, Genworth Life Insurance Company, insurance, Long-Term Care, LTC, LTC Rate Increases, and premium increase.

In-Force Rate Action Announcement: Alaska (Privileged Choice®)

July 18, 2019 | by | Comments Off on In-Force Rate Action Announcement: Alaska (Privileged Choice®)

> Privileged Choice® with Stable Premium Option > 1% Benefit Increase 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. Alaska has now allowed the following increases: Alaska Non-AARP Product Series Increase Percentage Privileged Choice 12.2%   Alaska AARP® Product Series Increase Percentage Privileged Choice 12%   Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the start of policyholder notifications. Policyholder notifications will
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Categories: Genworth, Industry News, and Long-Term Care.
Tags: Genworth, Genworth Life Insurance Company, insurance, Long-Term Care, LTC, LTC Rate Increases, and premium increase.

LTCi Home Health Care Benefits

July 18, 2019 | by | Comments Off on LTCi Home Health Care Benefits

There are a lot of misconceptions about long-term care insurance, including thinking it is nursing home insurance. In fact, your clients may not realize that having an LTC policy can actually help keep them out of a nursing home. That’s because home health care benefits are built in to our LTCi policies. These benefits will help your client stay at home for as long as possible if the need for long-term care services arises. Whether it’s help with household chores like cooking and cleaning or personal services like bathing and dressing, MutualCare® long-term care insurance policies gives your clients the
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
Tags: home health care, insurance, long-term care insurance, LTC, LTCi, mutual of omaha, and omaha.

Good News | Omaha’s Broker Bonus Program Now Extended

July 17, 2019 | by | Comments Off on Good News | Omaha’s Broker Bonus Program Now Extended

Don’t Forget About Omaha’s Med Supp Broker Bonus Program Mutual of Omaha has extended their Medicare Supplement Broker Bonus Program through the third quarter! Earn a cash bonus when you sell Omaha’s Medicare supplement and SELECT products from July 1, 2019 – September 30, 2019. New for this quarter — Unique program rules for Indiana, Missouri, Montana, South Carolina and Wisconsin. Don’t miss out – Click below for full details: Med Supp Broker Bonus Program – 2019 Read Full Good News Announcement Questions? Call the GoldenCare Marketing Team at 800-842-7799! Don’t forget to subscribe to our News Digest for all the
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).