With All Of
The Top Carriers
The "Industry Best"
illustration software for Custom
& Secure Solution was recently updated to:
Here to download
Remember, EVERYONE attending any
of the webinars on our calendar will earn AT
50 GoldenCare Reward
PLUS... one lucky attendee of each webinar will earn 500
What Are GoldenCare Rewards?
* Limit 1 Reward Code Per Unique Training Event. Points Are
Subject To Change. Restrictions May Apply. Visit http://www.goldencarerewards.com/
Current GoldenCare Promotions:
Check back soon!
Avoid Delays & Returned LTCi
Remember to use 6Q on the MutualCare
Solutions Producer Statement to avoid commission problems. If you have made
other arrangements to use another commission code, please use accordingly.
For questions, or to verify the
code you're using is correct, please call 800-842-7799!
REMINDER: Partnership Certification and 4-Hour Refresher
For all LTCi agents who took their initial 8-Hour Partnership Certification
prior to October 2017:
Producer requirements for training continuation states:
refresher course must be completed every 2 years from the date the initial
training was completed."
Please be sure you have completed the necessary ongoing training before
submitting new long-term care business.
Click Here for each state's training requirements.
If you have any questions, please call Licensing at 800-842-7799!
"State of Long-Term
Care Insurance," by Moody's, Advisor Magazine
"As insurers undertake LTC actuarial assumption reviews in 2019, we
believe those with outdated and less defendable assumptions will likely make
adjustments to align with evolving industry experience and longer-term
investment return assumptions, potentially leading to a decline in GAAP
margins. Those insurers with insufficient or depleted margins would need to
take earnings charges. As we have indicated previously, a small change in
actuarial assumptions can significantly impact margins, and ultimately
reserves, for a long- duration product such as LTC."
(from Stephen A. Moses,
President, Center for Long-Term Care Reform):
Click Here to read the entire article.
Check out our website, www.goldencareagent.com and visit the News tab to keep
up-to-date on the Industry's News and Changes.
Training "Webinar" Presentations:
For The Week Of October 7, 2019
Click on the subject heading to
learn more about the topic.
Click the date/time to register for the presentation.
Please check to see that you
meet the minimum system requirements and that you have the
equipment needed to attend
before downloading the latest version of GoToWebinar.
Here for more information.
Here for the Full Schedule of All Upcoming Webinars.
Here to Access a List Of All Our Agent Training Services!
No Current News In The Issue...
Case Study: Why Clients Get Issued “Other Than
Camila, a 63-year-old woman in
Arizona, applied for MutualCare® Custom Solution. She was quoted Select;
however, after underwriting review, a Class I rate was offered. How did this happen?
Remind clients to be as open and honest as possible during the
application process, as undisclosed conditions can affect insurability.
Video Interview: LTC Underwriting Insights
Insurance is a family business
for Bill Spano - he became an underwriter thanks to the encouragement of
his siblings. It seems to be a good fit too, as he enjoys building
relationships with agents and brokers, helping them out however he can.
October 17th LTC Underwriting Teleconference: Common
Have you added the next LTC
Underwriting Teleconference to your calendar yet? Don’t miss October’s
Topic, Common Application
October 17, 2019, 10 a.m. Central Time.
Our LTC Rider Helps Clients Preserve Their Independence
United of Omaha's LTC Rider on
Income Advantage IUL and Life Protection Advantage IUL helps your clients
protect their assets and preserve their independence.
Living Promise Instant Decision Enhancements
Last month we installed
enhancements to the rules for Automated Underwriting on Living Promise
e-Applications. After the install, we saw a 6% change. This resulted in
decreases in referrals and increases in decisions at point-of-sale.
Flexible Payment Options Added to More Products
Good news! Flexible payment
options will be available for your Critical Advantage, Priority Income
Protection and Guaranteed Advantage clients starting September 27, 2019,
for your clients that prefer to pay by automatic bank deductions.
IUL Participation Rate and Cap Rate Changes
Effective November 10, 2019, we
will be making changes to our participation rates and cap rates on our
Income Advantage IUL and Life Protection Advantage IUL products. These rate
changes will apply to newly issued policies, as well as to any in force
policies with a segment that is created (with new premium dollars) or
renews on November 10th.
GUL Express Rates Are Dropping
On October 1, 2019, United of
Omaha made their Guaranteed Universal Life (GULE) even more competitive,
with rate decreases between 5 and 30 percent!
Cancer & Heart Attack/Stroke Insurance may be great fit
for your Med Supp clients
Nearly everyone knows someone
who has been diagnosed with cancer or heart disease. And people who are 65
and older have a higher risk of developing these conditions.
Securian Financial's Care Management Program for
SecureCare UL Policyholders
Securian’s Care Management
program helps SecureCare policyholders transition from needing care to
getting care as smooth as possible. It is automatically included with all
SecureCare policies (both in-force and future sales) at no additional
Changes to life product portfolio: 2017 CSO updates
Beginning January 1, 2020, any
new life products issued must use the 2017 Commissioners Standard Ordinary
In an effort to streamline our
product offerings and launch new, innovative life insurance products, there
will be some changes to our product lineup through the end of the year (2019).
Click above to access a summary of current products and corresponding
replacements and retirements.
GTL's e-App is Your Own AEP Digital Assistant
The GTL e-App is your own
digital assistant to help you sell GTL during AEP! Please make sure you
have the latest version of the e-App for youc client meetings. Links to
update are provided in the announcement.
GTL's New 4th Quarter Bonus Programs | Medicare Supplement
Check out GTL's Writing Agent
4th Quarter Bonus Program for qualified Medicare Supplement
applications submitted between October 1st and December 31st.
GTL's New 4th Quarter Bonus Programs | HIP and Precision
Check out GTL's Writing Agent
4th Quarter Bonus Program for qualified Hospital Indemnity and/or Precision Care Cancer
Insurance applications submitted between October 1st and
Precision Care Cancer Insurance Now Available in Florida
GTL's innovative Precision Care
Cancer Insurance is now available in Florida! Available on Paper, Agent
Portal, e-App and Windows 10 App.
Transamerica Agent Resource Center (ARC) Scheduled
NThe Agent Resource Center (ARC)
will be temporarily offline on Saturday,
October 12 for scheduled website maintenance and
enhancements. We apologize in advance for any inconvenience. ARC will
return to normal operation on Sunday, October 13.
Medicare News -
Mutual of Omaha and Affiliates: