Area(s) affected: Ohio Counties: Adams, Athens, Belmont, Brown, Clermont, Columbiana, Gallia, Hamilton, Hocking, Jackson, Jefferson, Lawrence, Meigs, Monroe, Muskingum, Scioto and Washington. Start date: February 19, 2018 End date: May 24, 2018 Mutual of Omaha is in the process of identifying customers affected by this event. A special note will be added to these policies in the near future. The grace period will be extended by an additional 30 days on affected policies as well as a message being added to our eService tool. We will exercise leniency in dealing with our customers that have been affected and allow exceptions
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Quick Tip: Quoting with MutualCare® Solutions Software
Scenario: Your clients are considering a Custom Solution long-term care insurance plan with Mutual of Omaha, but are weighing cost and benefit between several different plan designs. The couple may decide on any of the options. How can you quickly and easily compare each plan design, and prevent yourself from having to re-build the plan design they choose? Use the “Quotes” section within your software! Found just below your Agent information, this software feature allows you to easily keep track of different plan designs, toggle between each to show the impact on cost, and have the ability to save many
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Genworth: Write it Right Webinar Series
TrueView UnderwritingSM Write it Right Webinar Series Join us for our first ever, Underwriting Education Month in April. TrueView Underwriting: Write it Right Webinars Presenters: Amy Chambers and RG McGann As part of Underwriting Education Month, we will offer three short webinars designed to help you increase your placement rates so you can insure more clients and earn more commission. The times and topics are below. Sign up for one or more through the links. Tuesdays @ 11 AM or Thursdays @ 2 PM Eastern Time • Underwriting 101 • Common Conditions and Red Flags • The TrueView
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Genworth, Industry News, and Long-Term Care.
In-Force Rate Action Announcement: Louisiana (Pre-PCS, PCS I, PCS II)
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. Louisiana has now allowed the following increase: Louisiana Product Series Increase Percentage for Policies with Limited Benefit Periods Increase Percentage for Policies with Lifetime Benefit Periods Pre-PCS 20% 20% PCS I 20% 20% PCS II 20% 20% This rate increase applies to Non-AARP, non-partnership policies only. Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week
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Genworth and Long-Term Care.
In-Force Rate Action Announcement: Louisiana (Privileged Choice® and Classic Select®)
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. Louisiana has now allowed the following increases: Louisiana Product Series Increase Percentage Privileged Choice 15% Classic Select 15% This rate increase applies to both AARP and 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 March 20, 2018 and will continue throughout the
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Genworth and Long-Term Care.
GoldenCare Newsletter | March 12, 2018
In this GoldenCare Newsletter Edition From GoldenCare: Our Winter 2018 GoldenCare Gazette is now available! See the newsletter for your copy! New!! Guarantee Trust Life Insurance Company’s recently-launched Home Health Care product complements the Critical Cash plan so well – it’s a close comparison! Now through the end of May, write both policies on an individual client and DOUBLE your earnings! Get all the details in this Edition. Good Luck! Diversify your portfolio for greater sales success! Our new training schedule is posted! Join us for complimentary product and sales training and receive a Continuing Education Voucher for each unique event! Voucher
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Now Available – Broker Compensation Statements in Excel Format
Effective immediately, you will be receiving your Broker Compensation Statements in the Excel format as well as the current PDF format you are used to. For those of you who are on daily pay, you may have already noticed of this new enhancement. Your feedback allows us to make changes such as these and remain your carrier of choice. If you have any questions, please contact GoldenCare’s Sales Team at 800-842-7799. Now Available – Broker Compensation Statements in Excel Format #goldencareagent #mutualofomaha > Related: Coming Soon — New Format for Broker Compensation Statements
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Indiana Flooding – Disaster Relief
Disaster Name: Indiana Flooding Area(s) affected: Indiana Counties: Benton, Carroll, Clark, Crawford, Dearborn, Elkhart, Floyd, Fulton, Harrison, Jasper, Jefferson, Lake, Marshall, Ohio, Perry, Pulaski, Spencer, St. Joseph, Starke, Switzerland, Warrick and White. Start date: February 19, 2018 End date: To Be Determined Mutual of Omaha is identifying the customers affected by this event. A special note will be added to these policies in the near future. The grace period will be extended by an additional 60 days on affected policies as well as a special message being added to eService. We need to exercise leniency in dealing with our customers
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Reduce the Burden of Caregiving with Long-Term Care Insurance
If your client’s plan is relying on family to care for them if the need for long-term care services arises, show them that an LTCi policy is a better plan. Being a full or part-time caregiver to a loved one is one of the toughest, most demanding and financially limiting jobs someone can do. Some of the built in benefits of an LTCi policy include home health care, facility care, respite care and hospice care. Having these benefits will help ease the burden of caregiving for family members. To learn more about a better solution than relying on family members,
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In-Force Rate Action Announcement: North Carolina (Privileged Choice® and Classic Select®)
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. North Carolina has now allowed the following increase: North Carolina Non-AARP Product Series Increase Percentage Privileged Choice 22.4% Classic Select 22.4% North Carolina AARP Product Series Increase Percentage Privileged Choice 22.4% phased 15% / 6.5% compounded Classic Select 22.4% 15% / 6.5% compounded Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to
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Genworth, Industry News, and Long-Term Care.
