Paperless delivery preferences for clients Starting last month, some of your clients with an active online account began receiving notices in the mail regarding paperless delivery preferences for policies starting with B5, N5 or 8. When clients choose to receive their Life documents electronically, they will receive paperless email notifications and will be able to access their documents by logging into their online accounts. Paperless delivery preferences not only help the environment, but also improves the security and protection of clients’ sensitive information. If a client has no document delivery preference selected and currently receives paper documents, the notice will
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Newly Updated Pre-Underwriting Inquiry Form
To facilitate the smoothest possible underwriting process for both you and your clients, it’s essential to conduct a thorough health prescreening. We are happy to announce the release of our newly updated Pre-Underwriting Inquiry form, which not only increases efficiency, but also ensures that we secure the best possible outcomes for all involved. This information can be sent directly to our underwriting team (CSPUI.IND@oneamerica.com), who will review and respond within 4 business hours. They will also let you know what products the clients are eligible for and what additional underwriting requirements can be expected. Please copy Heather and I in
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OneAmerica® Announces Brand Refresh as OneAmerica Financial℠
Update demonstrates evolution to digital-first environment INDIANAPOLIS (Jan.29, 2024) — OneAmerica®, a national financial services organization, today unveiled a refreshed brand as OneAmerica Financial℠. This strategic move aims to create greater awareness and distinctiveness for the company while amplifying its differentiators. Its focus on helping people build greater certainty throughout their financial journey can clearly be seen through a wide range of life insurance, retirement, employee benefits and long-term care solutions. A modernized logo and redesigned website are the first of many new brand components featured as part of the effort. The logo, which underwent its first update in more
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Coming soon: SecureCare III new reprice and state launch
SecureCare III repricing in SC and launching in MT Give your long-term care (LTC) clients a benefit boost with SecureCare™ III, an LTC and nonparticipating whole life insurance policy. Mark your calendars for Monday, January 29, 2024: SecureCare III rates will decrease by 25 percent across all case scenarios in South Carolina SecureCare III will launch in Montana including the pricing decrease of 25 percent across all case scenarios Learn more about SecureCare III Please note: All licensing and LTC certification training must be in good order before the sale of any LTC products. Review LTC licensing and training
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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,
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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
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Important Announcement
Important Announcement AnnuiCare and FlexPlus products will no longer be available for new sales in 2024. At Guaranty Income Life (GILICO), we pride ourselves on offering you simple and competitive solutions to meet your clients’ needs. That’s the spirit that brought AnnuiCare to the market in 1999 as one of the industry’s first Long-Term Care hybrid annuity products. But AnnuiCare and FlexPlus products were not built to adjust for today’s technological advancements. We are proud of these products and the clients they have served. We will continue to service existing policies, but have removed product materials and app kits
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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
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New Suicide Exclusion Endorsement
New Suicide Exclusion endorsement in Arizona, Colorado and Missouri The Compact approved certain amendments relating to life insurance suicide exclusions. These amendments maintain a maximum suicide exclusion period of up to two years and include an exception requiring a shorter maximum suicide exclusion period where required by state law. While the Compact default standard is a two-year suicide exclusion, some Compact states (AZ, CO, and MO) already require shorter suicide exclusion periods. These Compact amendments require that an endorsement be added to policies in those states. A letter explaining the change along with a copy of the endorsement will be
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OneAmerica® Expands Joint Asset Care Offering
OneAmerica® Expands Joint Asset Care Offering Effective July 26, 2023, the joint option on OneAmerica Asset Care will include the 4% acceleration option. Just like the clients we mutually serve, there is no one-size-fits-all approach to long-term care protection. The addition of a 75-month shared benefit pool expands our ability to provide meaningful and flexible benefit options for cost-conscious clients, and our unique lifetime benefit will now be more affordable in many situations. For details, please review I-31591 Care Solutions Product Guide. (The 75-month option currently is not available in California, however.) OneAmerica is committed to continually improving the new
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