In-Force Rate Action Announcement: New Stable Premium Option for Privileged Choice® and Classic Select® Policyholders

To help mitigate the impact of current and future planned premium increases, we are providing an additional coverage option for most of our Privileged Choice and Classic Select policyholders to consider when faced with a premium increase. Beginning on July 1, 2019, the new Stable Premium Option Endorsement will be available in states where it’s allowed. The Stable Premium Option provides a guarantee that the new premium associated with the Stable Premium Option will not increase until at least 2024, along with the following specific set of benefits1: A three-year benefit period for individual policies and a six-year benefit period
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Categories: Genworth, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: New 1% Benefit Increase Option for Privileged Choice® and Classic Select® Policyholders

As part of our continued effort to provide additional coverage options to our policyholders who are facing a premium increase, we are introducing a new coverage option for eligible Privileged Choice and Classic Select policyholders to consider. Beginning on July 1, 2019, the 1% Benefit Increase Option will be available in state where it’s allowed. The 1% Benefit Increase Option will be available for Privileged Choice and Classic Select policyholders who currently have a benefit increase option as part of their policy. If this option is selected, policyholders will retain their increased Daily Benefit Amount (DBA). The increased DBA and
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Categories: Genworth, Industry News, and Long-Term Care.

Medicare News – Omaha Family of Companies

Medicare Supplement: Upcoming Med Supp Rate Adjustments Please view the upcoming rate adjustments in DE, IA, GA, OR, SC, VA and WI.   Med supp Summer Sizzle Webinar Questions Please view our answers to the questions we received during the June 25th, Summer Sizzle, webinar.   Medicare Advantage and Prescription Drug Plans: Medicare Advantage and Part D Market Overview Released Medicare Advantage Company (MOMAC), Omaha Health Insurance Company (OHIC) and Medicare Advantage Insurance Company of Omaha (MAICO) market overview information has been posted on SPA.   #goldencareagent #mutualofomaha
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Please be Alert | Harmful Faked GTL Emails

Please be alert that spoofed emails are being sent to agents from email addresses @glic.com containing harmful malware if the attachments are opened. Please make sure the emails you are opening from GTL have the sender email addresses @gtlic.com to ensure they are legitimate. If you have any questions or receive unusual emails that you aren’t sure if they are from GTL, please contact Sales Support by calling 1-800-323-6907 or email agency@gtlic.com.   Please be Alert | Harmful Faked GTL Emails   #goldencareagent #gtl
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Categories: Critical Illness, Guarantee Trust Life, and Industry News.

Genomic Sequencing vs Genetic Testing

Know the important difference! GTL’s Precision CareTM Cancer Insurance pays for your clients’ access to TGen’s world-class genomic sequencing services and one-on-one consultations. Genomic Sequencing A complete analysis of a person’s DNA in both healthy and mutated cancer cells to help determine the best course of treatment based on those specific markers Genetic Testing A targeted search of a person’s DNA to help determine their chances of developing or passing on certain medical conditions or diseases in the future.   In the event of a cancer diagnosis, genomic sequencing is what can help your clients have the best shot at
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Categories: Critical Illness, Guarantee Trust Life, and Industry News.

SecureCare multi-pay now available in Connecticut and North Dakota!

SecureCare multi-pay now available in Connecticut and North Dakota! On June 26, 2019 SecureCare Universal Life Insurance (SecureCare) multi-pay launched in Connecticut and North Dakota. Long-Term Care (LTC) needs may be unpredictable, but SecureCare is a product clients can count on for: Cash indemnity LTC benefits Reduced paid-up benefit1 Customizable coverage Most robust international benefits in the industry2 Potential to deduct LTC premiums SecureCare marketing materials will be available to order from our fulfillment center June 26. Don’t forget to check out our SecureCare product page for sales ideas and more!   Transition rules: SecureCare Universal Life with multi-payment enhancements
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Categories: Industry News, Linked Benefit/Hybrids, and Securian.

Two-Factor Authentication – Changes

Two-Factor Authentication – Changes Effective July 1 June 27, 2019 In December 2018, Securian Financial implemented Two-Factor Authentication for access to SecurianAdvisor.com. The authentication period was configured for at least once each week. Effective July 1, 2019, the authentication period will change to 24 hours, which will require each user to authenticate using Two-Factor each day (or every 24 hours). This change provides additional security protection against malicious user impersonation, unauthorized access, and aligns with industry best practice.   For questions, please contact the Securian Enterprise Contact Center at 1-833-810-8259.   Two-Factor Authentication – Changes effective July 1   #goldencareagent
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Categories: Industry News, Life Insurance, Linked Benefit/Hybrids, and Securian.

EssentialLTC Offering Policy Lifetime Renewals

Now Available: Policy Lifetime Commissions We appreciate the opinions of our valued field sales partners. To continue to build upon a mutually successful relationship, National Guardian Life Insurance Company (NGL) is thrilled to provide a comprehensive commission structure that offers: A new option with renewal commission for the life of the policy First-year commission on the premium for the Base Policy and all riders Renewal commission on the premium for the Base Policy and Inflation Protection Riders Direct deposit View the Policy Lifetime Commissions Flyer   If you have questions, please call NGL at (888) 505-2332 or email status@ngl-essentialLTC.com.  
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Fourth of July Office Closing 2019

Mutual of Omaha and its affiliates (United of Omaha and United World) will be closed on Thursday, July 4th and Friday, July 5th for Independence Day. Below are the cut-off dates and times and the adjusted pay schedules. Holiday Pay Calculation Schedule Med Supp E-App & All Life Cutoff 3:00 PM Health Cutoff 3:00 PM Long Term Care Cutoff 3:00 PM Direct Deposit (EFT) Available Independence Day, Thursday 7/4/2019 and Friday, 7/5/2019 Monday 7/1/2019 Monday 7/1/2019 Friday 6/28/2019 Friday 6/28/2019 Friday 7/5/2019 Weekly and holiday pay schedules are also available on the Sales Professional Access (SPA) website. If you have
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Categories: Accident Insurance, Critical Illness, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Holiday Telephone Solicitation Bans for the month of July 2019

Please be aware of the following telephone solicitation bans for the month of July. On Thursday, July 4, 2019: Alabama, Louisiana, Mississippi, Rhode Island, and Utah prohibit unsolicited marketing calls to residents in observance of Independence Day On Wednesday, July 24, 2019: Utah prohibits unsolicited marketing calls to residents in observance of Pioneer Day Holiday Telephone Solicitation Bans for the month of July 2019   #goldencareagent #mutualofomaha
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Categories: Industry News and Mutual of Omaha (& Affiliates).