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:
★ 3-in-1 Promotion
(Mutual of Omaha LTCi)
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 September
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.
Here for each state's training requirements.
If you have any questions, please call Licensing at 800-842-7799!
"New LTCI sales
firm up," by Allison Bell, LifeHealthPRO
LIMRA reports the best new
lives and new premiums numbers since 2012
"The drop in new U.S. stand-alone long-term care insurance sales might
be starting to bottom out. LIMRA says premium revenue from sales of
new, stand-alone individual long-term care insurance policies amounted to $117
million in the first half of the year. That was down 8 percent from the
total for the first half of 2015, but the LIMRA first-half long-term care
insurance sales revenue total sank 17 percent to 30 percent each year from
2013 through 2015."
(from Stephen A. Moses,
President, Center for Long-Term Care Reform):
Not exactly a stellar turnaround, but better than a poke in the eye with a
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 September 12, 2016
Click on the subject heading to
learn more about the topic.
Click the date/time to register for the presentation.
At the time of the webinar,
remember to dial in to our conference line
PIN / access code 8754#)
in order to listen to the audio part of 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!
Disaster Relief Notices for Indiana, Louisiana and Maryland
Due to severe storms and tornados in Indiana, a State of Emergency has been
declared for the following counties: Allen, Howard, Miami, Montgomery and
St Joseph. The State of Emergency went into effective on August 15, 2016.
Due to the historic flooding in Louisiana a State of Emergency has been
declared by the Governor for a number of parishes (click above for complete
list). The State of Emergency went into effect on August 12, 2016 and will
continue through September 12, 2016.
Due to the recent flooding in Maryland, Governor Larry Hogan issued a State
of Emergency for Howard county located in zip codes 21041, 21042 and 21043.
The state of emergency went into effective on July 31, 2016.
Mutual of Omaha policyholders
will be afforded a longer grace period to accept payments, notices and
Making it Easier than Ever to Obtain an LTC
Underwriting Quick Quote
John Hancock has announced that
a new toll-free number is available for agents to call in order to obtain
an LTC Quick Quote. The new toll-free number is 844-316-2411,
available Monday through Friday, 8 a.m. to 6 p.m. Eastern Time.
Agents may also continue to
submit requests by email: LTCquickquote@jhancock.com.
You'll receive a tentative underwriting risk assessment within 24 hours.
Updates to New Business Procedures
Genworth has made significant
improvements this year, and we continue to work hard on what needs to be
done to achieve our future goals.
We are currently building the
infrastructure to provide an electronic experience from application to
policy delivery that simplifies your transactions and provides
significantly faster cycle times.
On the road to achieving this
electronic experience, we must make incremental changes along the way.
These changes will enable us to build the platforms needed to provide this
new level of service.
Some of the changes
needed will be made on October 3, 2016 and are outlined on page two
of the announcement.
Rate Action Announcements
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.
Click the links below to view
each In-Force Rate Action Announcement:
In-Force Rate Action Announcement: District of Columbia
In-Force Rate Action Announcement: South Carolina
Reminder: Restricted Compensation for Long Term Care
Based on state regulations,
Genworth uses guidelines to determine compensation on LTCI issued policies
in the following states: Alabama, California, Delaware, Indiana, Kentucky,
Michigan, Nevada, New York, North Carolina, Pennsylvania, South Dakota and
New Contact Information for Claims &
As part of our efforts to
improve the way we do business and help us deliver an even more exceptional
insurance experience to you and your clients, certain contact information
for LifeSecure's Claims and Underwriting departments has changed, effective September 1st.
New LTC Field Underwriting Guide Now Available
Our LTC Field Underwriting Guide is designed as a quick
reference tool to help you answer some of the more common product and
underwriting questions related to LifeSecure Insurance Company's long term
care insurance product. Click here for a complete summary of the latest
What You Should Know About Long Term Care Insurance
The projected cost of providing
coverage for many long term care insurance policy contracts sold through
2012 has risen significantly over time. Due to the increasing cost of
coverage, it's necessary to increase premiums. As such, starting September 7, Transamerica
will begin mailing letters to notify impacted customers about the
Click the link above for
additional details, including a copy of the consumer letter and the phone
number to Transamerica's Sales Desk.
News - Mutual of Omaha and Affiliates:
Upcoming Rate Adjustments
Please review information on
upcoming rate adjustments in AR, IA, ND and NV.
• 1990 Standardized Rate Adjustment- Iowa and Nevada
• 2010 Modernized New and In-force- Arkansas
• 2010 Modernized In-force Only Rate Adjustment- Iowa and
• Plan N Rate Adjustment- Arkansas
Upcoming Rate Adjustments
Please review information on
upcoming rate adjustments in ID, IN, OR, PA, SC, and WY.
• 1990 Standardized Rate Adjustment- South Carolina,
Wyoming and Idaho
• 2010 Modernized New and In-force- Indiana and Oregon
• 2010 Modernized In-force Only Rate Adjustment-
Pennsylvania, Wyoming and Idaho
One Company/One State - Pennsylvania, Tennessee and Texas
Please be reminded that
effective October 1, 2016 only Medicare supplement applications in
Pennsylvania underwritten by Mutual of Omaha, in Tennessee (supp/SELECT)
underwritten by Omaha Insurance Company, and in Texas (supp/SELECT)
underwritten by United World will be accepted for new business and
conversions through individual agents.