Minor Rate Adjustments Effective November 1

MINOR RATE ADJUSTMENTS   The 4, 6 and 8-year Guaranty Series and Guaranty 4, 6, and 8 AnnuiCare® rates will will decrease by 10 basis points beginning November 1. The FlexPlus and AnnuiCare® 5, 7 and 10-year options will remain unchanged. AnnuiCare® Flex Plus 10 is our top-selling AnnuiCare® offering with the rate holding strong at 3.00%. November is Long-Term Care Awareness Month. Now is a great time to visit with your clients about the importance of LTC planning. And, incorporate AnnuiCare® into your clients’ financial plans, when it’s a good fit. VIEW OUR RATES HERE       #goldencareagent
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

November is Long-Term Care Awareness Month

November is Long-Term Care Awareness Month Americans are living longer, and the odds of needing some form of Long-Term Care continues to rise. Many people are not incorporating LTC solutions into their financial plans. When those needs do occur, it’s typically too late to get traditional LTC coverage. Cary Carney, GILICO’s National Sales Director, has seen this first hand. “My mother and three siblings are unfortunate carriers of the debilitating disease CADASIL. We weren’t aware of this until several years ago when a few of them started experiencing related symptoms. Obtaining LTC coverage in their 40’s was not something any
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

New Commission Features Online

NOW AVAILABLE COMMISSION SORT & SEARCH OPTIONS Now, when logging in at my.gilico.com you can access our new sort and search options regarding your commissions. YOU CAN FILTER BY:  time period, transaction type and commission status. AFTER CHOOSING YOUR PREFERENCES, YOU CAN:  view a list, or click to view specific details by contract. Commission information can also be printed or exported to an Excel or PDF file. Click here for a brief overview of these new options.     #goldencareagent #gilico
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

New QuickLink to Pre-Sales Tools!

PRE-SALES TOOLS NOW A QUICKLINK   We have added a new QuickLink to Pre-Sales Tools for agents and advisors. Agents, advisors and policyholders also have access to our robust agent portal at GILICO.com. Login takes you to my.gilico.com, where you enter your username and password to access contracts, cash values, contributions, commissions, policy documents, and more. With these two enhancements, we are deactivating GILICOlink.com at the end of September. All documents for 2019 and beyond will be available at the new site. NOTE: If you need 2018 Commission and Annual Statements after September 30, our sales support team can assist
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

GTL’s Advantage Plus vs The Competition

GTL has paid over $100.8 Million in Hospital Indemnity and Cancer Claims since January 1, 2017!* GTL’s Advantage Plus® Hospital Indemnity Insurance has a potent one/two punch! Couple GTL’s fast, transparent claim processing with a 15 year track record of developing innovative hospital indemnity benefits, and it’s clear that Advantage Plus® continues to be the champion of the senior hospital indemnity industry! See below for details on how GTL’s Advantage Plus® knocks out the competition: FEATURES GTL SIMILAR COMPETITOR OFFERINGS ADVANTAGE Guaranteed Issue Guaranteed Issue for ages 64½ – 65½ N / A GTL Underwriting Ease 6 month look back
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Categories: Guarantee Trust Life, Hospital Indemnity Plan, and Industry News.

TeleUW APPROVAL CODE REQUIRED on AnnuiCare App Submissions

For All AnnuiCare® Apps Submitted: APPROVAL CODES ARE REQUIRED   We want the new AnnuiCare® process to go smoothly for you and your clients. Please note these important changes that began in June: The pre-interview checklist is the first step in determining if you should proceed to the teleunderwriting interview. The teleunderwriting interview is NOT OPTIONAL. This step, where the applicant participates in a telephone interview at your office, is required in our new process. Call 888-390-5824 to conduct the interview. If the applicant passes, the interviewer will give you an approval code. Be sure to write the approval code
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

Guaranty Income Life Insurance Company: August Rates

AUGUST RATES UNCHANGED   Rates remain unchanged for all Guaranty, AnnuiCare® and FlexPlus offerings as we advance into August. Our 4-year options at 3.15% and 6-year options at 3.50% remain quite attractive. Need an app kit or marketing pieces? Visit Our Presales Page   VIEW OUR RATES HERE     August Rates   #goldencareagent #gilico
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

Exciting News from GILICO

Exciting News From GILICO   Guaranty Income Life Insurance Company is pleased to announce a new member to our family of companies, we have entered into an agreement to acquire Lincoln Benefit Life Insurance company and its affiliates. Refer to the official press release below for more details. This addition will significantly strengthen our position in the annuity industry and will provide additional capital, assets under management, recognition and talent. We happily welcome LBL to GILICO and Kuvare’s growing family of companies!   Read the official press release here.     Exciting News from GILICO   #goldencareagent #gilico
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

AM Best Upgrades GTL’s Financial Strength Rating to A-

  We are extremely excited to announce that AM Best has upgraded GTL’s Financial Strength Rating to A- (Excellent) from B++ (Good) by AM Best! GTL’s Long Term Issuer Credit Rating was also upgraded to “a-“. In today’s press release, AM Best noted that the upgrade reflects GTL’s strong balance sheet strength as well as our strong operating performance. It also stated that “The ratings upgrade for GTL reflects favorable long-term trend of operating results attributed to its hospital indemnity product, Medicare Supplement and its short-term care premium growth.” View the Full Press Release   From all of us at
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Categories: Guarantee Trust Life, Hospital Indemnity Plan, Industry News, Medicare Supp./Adv., and Short-Term Care.

Tele-Underwriting for AnnuiCare® Starts Today

When AnnuiCare® launched in 1999, it was the first tax-qualified asset-based long-term care and annuity combo in the industry. Twenty years later, though many competitors have pulled their LTC offerings or increased premiums, our LTC premium rates remain unchanged and sales continue to grow. What’s different now is our tele-underwriting process which, in most cases provides an immediate underwriting decision.   While your client is in your office, follow these easy steps: Review the pre-interview checklist here. If the applicant can honestly answer ‘No’ to all seven questions, proceed to the tele-underwriting step. Call 888-390-5824 and an experienced, non-clinical interviewer
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.