Set Target Premium with MutualCare Solutions Software

When you are meeting with clients who have a desired premium in mind for long-term care coverage, we have a great tool to get you to that premium amount. Use the MutualCare Solutions software Set Target Premium feature. It allows you to enter the desired premium your clients want while building the benefits around the premium. When you open the software, look for this button. Begin by entering the client’s state, age, gender, premium mode, inflation protection and elimination period. Once you hit Set Target Premium, you will enter the client’s desired premium. The monthly benefit will adjust to the
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

NGL EssentialLTC Product Introduction Guide

EssentialLTC Product Introduction Guide If you know someone who is interested in selling EssentialLTC, the Product Introduction Guide is an excellent source of high-level information for prospective agents. The guide touches on several key points of what makes EssentialLTC a comprehensive LTC product and includes information on NGL, popular product features, popular riders and product details. See how EssentialLTC can help your clients by visiting the Agent Resource Center and downloading a copy under Reference Guides. Or download by clicking the image above.   Lifetime Benefit Rider Video Shared Benefit Rider Video   NGL EssentialLTC Product Introduction Guide    
Read More

Categories: Industry News, Long-Term Care, and National Guardian Life.

NGL EssentialLTC Sales Guide

EssentialLTC Sales Guide With the EssentialLTC sales guide, you have the some of the most popular product features combined with case studies and product highlights all in one place. The guide gives a breakdown of when and how to recommend each product feature to your clients so you can meet their planning needs. The guide is available for download on the Agent Resource Center under Reference Guides or by clicking on the image above.   Lifetime Benefit Rider Video Shared Benefit Rider Video   #goldencareagent #ngl
Read More

Categories: Industry News, Long-Term Care, and National Guardian Life.

NGL EssentialLTC – WA Annual Premium Clarification

Washington Annual Premium Minimum As a reminder, there is a new annual premium minimum of $2,000 in effect for Washington state. To clarify what this means for different payment options, please see below for a breakdown of this minimum based on payment mode: $2,000 – Annual Premium $1,040 – Semi-Annual Premium $540 – Quarterly Premium $175 – Monthly Premium Please note, the minimum annual premium for a joint application is only $2,000 total, not $2,000 per applicant. These minimums are only applicable to Washington applications and are only in place through November 1, 2021. New Business NGL is processing the
Read More

Categories: Industry News, Long-Term Care, and National Guardian Life.

Long-Term Care Insurance Case Monitoring Update

From the Desk of Allen Gregoire Mutual of Omaha is pleased to announce the long-term care back-office data entry of applications has returned to normal processing times. Applications and all case status updates are now visible on Sales Professional Access (SPA), including application received date. Note: Due to the ongoing influx of business, telephone interview availability is limited. Currently, interviews are being schedule 2-3 weeks out from when requested by underwriting. We encourage you and your agents to check SPA to review your case status updates as our teams work diligently to process your LTCi cases as quickly as possible.
Read More

Categories: COVID-19, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

LTC New Business Rate Refresh and Benefit Changes for Additional States

As a leading long-term care insurance carrier, Mutual of Omaha has a responsibility to our policyholders and distribution partners to ensure our pricing strategy and product offerings are in line with industry trends, internal claims data and the economic environment. Last year, Mutual of Omaha began implementing new rates and benefit option changes to the MutualCare Solutions Portfolio in approved states. Effective August 1, 2021, we will be implementing these changes in three additional states. Impacted States District of Columbia, Hawaii and New Jersey Rate Adjustments Premium adjustments may vary by age, sex and benefit selection. You may view the
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Customize Your Own LTC Postcard

How will your clients pay for long-term care services? Mutual of Omaha has introduced a new customizable postcard to help agents start the LTC conversation. Send this customizable postcard to prospects to encourage them to talk with you about protection from the high cost of LTC services. View the Consumer Postcard > Order now through your normal ordering channels.   Customize Your Own LTC Postcard   #goldencareagent #mutualofomaha
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Thrivent LTC: Updated Competitive Comparison

A new producer-use comparison is now available showcasing Thrivent’s built-in features and optional riders compared to other industry leaders: Northwestern Mutual, NGL and Mutual of Omaha. Click below to see how Thrivent compares on: Benefit Amounts Benefit Periods Discounts Shared Care Inflation Options and more! Download Now       #goldencareagent #thrivent #ltc
Read More

Categories: Industry News, Long-Term Care, and Thrivent.

Using LTCi to Protect Retirement Income

Your Clients’ Retirement Income Might Not Be Enough The cost of long-term care services has the potential to be one of the largest expenses your clients will face in retirement. Even if they’ve planned carefully, there’s no way to know how long retirement income will last. A long-term care event could easily deplete their nest egg. But with an LTCi policy, additional funds are available to help pay for long-term care services. And that can help prevent the money your clients set aside for retirement from running out. View the Sales Idea.   Using LTCi to Protect Retirement Income  
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

NGL EssentialLTC – New Washington state premium minimum

New Washington state premium minimum Due to the recent Washington Cares Fund, National Guardian Life Insurance Company (NGL) is experiencing a very high volume of low premium LTCi new business applications from Washington, many of which are less than one-third NGL’s average LTCi premium per policy. NGL is taking steps to increase the likelihood applicants are purchasing LTCi protection for the long term. NGL is instituting a new premium minimum in Washington state only: Effective Wednesday, July 7, 2021, all WA applications must have a minimum annual premium of $2,000. The other previously announced benefit minimums will no longer in
Read More

Categories: Industry News, Long-Term Care, and National Guardian Life.