Additional LTCi benefit riders approved for Missouri Partnership

Missouri: Additional LTCi benefit riders approved for Partnership For financial advisors licensed in Missouri Since the launch of Thrivent’s long-term care insurance (LTCi) product, we’ve been working with many state regulators to pursue Partnership eligibility for our increase benefit riders. Missouri has approved Thrivent’s 1% and 2% Annual Increase Benefit (AIB) riders as Partnership qualified for ages 61 to 75, effective Aug. 18, 2021. Thrivent will apply Partnership status to all Missouri LTCi contracts that currently have the 1% and 2% AIB riders for ages 61 to 75. Any contract holders whose contracts were issued with the 1% or 2%
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Categories: Industry News, Long-Term Care, and Thrivent.

Aetna SilverScript – Important Reminder

IMPORTANT REMINDER! When submitting SilverScript E Apps and paper applications it is very important to use your NPN and not your Continental Life writing number in order to receive commissions.   SilverScript Enrollment Agent and Admin User Guide     #goldencareagent #aetna
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Categories: Aetna, Industry News, and Medicare Supp./Adv..

Adjustment to charge back of commission in months 7-12

Schedule Adjustments on charge back of commission   Effective 12-1-2021, GLICO is making an adjustment to its commission schedules as they pertain to the charge back of commission in months 7-12. 100% of commission will be charged back should a surrender happen within six (6) months of date of issue and 50% for surrenders within 7-12 months of issue. This is not a change to the commission rate, only the charge back in months 7-12. This change will affect all annuity products and year durations. It will be effective on all policies that fund after 1-1-2022. Questions? Call GILICO’s Agent
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

Minimum funding, maximum LTC protection

LTC sales lagging? Reinvigorate your sales process with this SecureCare Universal Life sales strategy. Here’s how it works: Understand when a client should get Long-Term Care (LTC) coverage Use that knowledge to kick start the LTC conversation Show your client that maximized protection is possible with a minimally funded policy It can be a simple and transformative strategy. Check it out   Contact us Questions? Call our Securian SecureCare Sales Support Team at 1-888-900-1962.   #goldencareagent #securian
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Categories: Industry News, Life Insurance, and Securian.

Resuming Washington state sales on 11/20

State of Washington long-term care applications accepted starting Nov. 20 Starting Nov. 20, we will once again begin accepting long-term care (LTC) applications for the state of Washington. What you need to know The $3,000 minimum monthly benefit that was in place immediately prior to suspension of Washington LTC sales will remain. The minimum contract holder age will go back to age 18. Because we cannot make the effective date a date other than the application date or issue date, LTC contracts sold in Washington going forward will not be eligible for the Washington Cares Act exemption. On November 20,
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Categories: Industry News, Long-Term Care, and Thrivent.

WA long-term care application processing update

WA long-term care application processing update We would like to share an important application processing update now that the state of Washington (WA) Nov. 1st deadline has passed for individual coverage to be in place for the WA Cares Fund exemption. As you know, the volume of applications from WA put a significant strain on carriers and vendors who support this business across the industry. While OneAmerica® Underwriters and Case Managers are focused on processing as much business as possible before year-end, our processing times remain higher than normal. Unfortunately, our ability to provide and respond to status requests is
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Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

End of Year Pay Information

The holidays will be here before you know it, please make sure you have these important dates marked in your calendar. Mutual of Omaha and its affiliates (United of Omaha and United World) will be closed on the following days: Thanksgiving: Thursday, November 25, 2021 and Friday, November 26, 2021 Christmas: Friday, December 24, 2021 New Year’s: Friday, December 31, 2021 The past pay cutoff in 2021 for Life and Health is Thursday, December 31. This is the last pay cycle to be paid in 2021. Life Cutoff Dates Holiday Date Holiday Observed Cutoff – New Issues and Renewals Check
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Categories: Critical Illness, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Kickoff Long-Term Care Insurance Awareness Month

There’s no better time than Long-Term Care Insurance Awareness Month to make sure your clients understand the importance of planning for their long-term care needs. So make sure you take advantage of these game changing tools: Our Starting the Conversation Flyer provides information about how to join our new Facebook group and tools to use with clients when talking about long-term care. Join our claims leadership team on Thursday, November 18th at 11:30 a.m. CST to learn valuable claims information. Register Now The Protecting the Things that matter Most consumer video highlights the need for LTCi. Kickoff Long-Term Care Insurance
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Condition-Related Marketing: COVID-19

Condition-Related Marketing: COVID-19 Mutual of Omaha continues to learn more about the risks of COVID-19 and how to best field underwrite for the condition. However, our new condition-related marketing flyer lists key tips to help you gather the most important information about your LTCi applicants. Download it now!   Condition-Related Marketing: COVID-19   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Advertising Compliance Requirements

Mutual of Omaha has long been committed to ensuring that all advertising materials used to promote our company and our products meet certain criteria as required by government regulations, the NAIC, and our Home Office. Producers are required to obtain permission from the company before advertising on its behalf. Because of our commitment to compliance, we have developed and rely on our Advertising Review system to maintain a system of control over the content, form, and method of distribution of all advertisements of our products and services. If you are looking for advertising materials, please check Forms & Materials on
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Categories: Industry News and Mutual of Omaha (& Affiliates).