Manage clients’ information through digital self-service

Manage clients’ information through digital self-service Nationwide® will soon be making it simpler for you to manage your clients’ documents through digital self-service. This change not only will reduce unwanted clutter and paper waste, but it will also make it easier to access and maintain your client information. Here’s what to expect: Copies of client statements, confirmations and systematic letters will no longer be sent by mail to their financial professional When you log in to nationwidefinancial‍.‍com, you will have secure 24/7 access to these materials through the Document Center You may still eceive some of these documents via mail,
Read More

Categories: Industry News, Linked Benefit/Hybrids, and Nationwide.

Nationwide CareMatters® II Product Updates

Nationwide CareMatters® II Product Updates — December 18, 2023 On December 18, 2023, Nationwide implemented a price improvement across all scenarios for the current CareMatters II product in the states of Indiana and New Jersey. There is a price decrease for all scenarios, which varies by the characteristics of the case. We’re pleased that the repricing is now effective in all states except for California. YourLife CareMatters® in New York will not be affected by this change. In addition, to make CareMatters II more accessible to more clients, Nationwide has lowered the current minimum LTC benefit from $2,500 a month
Read More

Categories: Industry News, Linked Benefit/Hybrids, and Nationwide.

Nationwide CareMatters Together launching in AZ and DC

Nationwide CareMatters Together launching in AZ and DC on Sept. 11, 2023 Beginning September 11, 2023, CareMatters Together will be available in the state of Arizona (AZ) and the District of Columbia (DC). After September 11, 2023, CareMatters Together will not yet be available in California, Montana and New York. CareMatters Together will not be filed outside of the 50 states and the District of Columbia (DC). We will continue to offer Nationwide CareMatters® II for individuals seeking long-term care coverage for a single life. For pending applicants who wish to transition to CareMatters Together, additional paperwork or requirements could
Read More

Categories: Industry News, Linked Benefit/Hybrids, and Nationwide.

CareMatters COVID guidelines have been updated

CareMatters COVID guidelines have been updated Proposed Insureds with a history of COVID with no hospitalization, no tobacco use, maximum BMI of 35, and no co-morbid conditions may be able to be considered without medical records for CareMatters after 1 month of full recovery if age 49 or younger, and after 2 months of full recovery if age 50 or older. Proposed Insureds who do not meet the above and have not been hospitalized will be postponed until 3 months of full recovery is achieved and is demonstrated by a documented visit post-COVID in medical records provided at no expense
Read More

Categories: COVID-19, Industry News, Linked Benefit/Hybrids, and Nationwide.