Committed to safety At National Guardian Life Insurance Company (NGL), we care deeply for the safety and well-being of our partners, agents, customers and employees. We have been closely monitoring the latest local and national reports from the Centers for Disease Control (CDC) concerning the coronavirus (COVID-19). We are committed to the health of our employees and community and that is why we decided to help reduce the spread of the coronavirus by asking employees to work remotely if possible. This resolution is the best way for us to keep our employees safe and to continue providing you with the
Read More
Thrivent 101 – Producer Reference Flyer
Thrivent Financial is not new to Long Term Care Insurance or to financial planning, but Thrivent is new to brokerage distribution. Thrivent is also one of the only fraternal insurers offering solutions outside its captive distribution. As such, many producers are not familiar with how to best position Thrivent as an option or discuss a fraternal’s unique structure to clients. Our Thrivent 101 Producer Flyer discusses: Explaining Fraternal Benefit Societies, Thrivent’s common bond, and how that common bond is outlined in the application. How simple the conversation about faith and teeing up Thrivent can be. Don’t make this complicated! How
Read More
Thrivent LTCi – Updates to eApp
eApps are already starting to come in from Thrivent’s recently launched iGo tool. Please note a few updates designed to make the process smoother. Thrivent has created a video walkthrough of the eApp, where the Product Development team also walks producers through the built-in illustration system. Click here for the Thrivent eApp Video Walkthrough Thrivent has also revised the User Guide and Illustration guide to provide more clarity. User Guide updates: Representative’s Information (Page 17) Updated to clarify that when entering your Thrivent Agent Code, just enter the last 5 digits of your Thrivent ID – exclude the F0 part
Read More
In-Force Rate Action Announcement: Washington DC (PCS II)
> PCS II with Stable Premium Option As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Washington DC has now allowed the following increases: Washington DC Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods PCS II 10% 10% Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the start of policyholder notifications. Policyholder notifications will begin
Read More
Penn Treaty Surcharge
Penn Treaty Surcharge for Active Long Term Care Policyholders Resident in California Genworth Life Insurance Company (GLIC)and Genworth Life and Annuity Insurance Company (GLAIC) (GLIC and GLAIC, collectively Genworth) recently started mailing California Resident LTC policyholders seeking recoupment for assessments made against Genworth by the California Life and Health Insurance Guarantee Association (CLHIGA) for the 2017 Penn Treaty insolvency. CLHIGA assessed all companies writing health insurance in California to make up the shortfall needed to pay Penn Treaty claims caused by that insolvency. This assessment is not unique to Genworth, and Genworth has no affiliation with Penn Treaty. California law
Read More
“Denver 2020 ILTCI Conference Cancelled”
“Denver 2020 ILTCI Conference Cancelled,” The ILTCI Executive Committee Quote: “The Executive Committee of the ILTCI has monitored the COVID-19 virus closely. The situation in the host city of Denver, Colorado has worsened, including the governor of Colorado declaring a state of emergency. Unfortunately, we feel that it is impossible to proceed with the 2020 conference given the facts surrounding this pandemic. As likely goes without saying, we put the safety of our members first. Like most conferences, professional sports teams and other organizations whose members planned to meet in any material number this March, we have decided that proceeding
Read More
Mutual of Omaha ILTCI Status Update
From the Desk of Steve Pike As concern with the global coronavirus (COVID-19) outbreak grows domestically, Mutual of Omaha has made the difficult decision to withdraw its participation from the 2020 ILTCI Conference in Denver on March 29-April 1st. The Punch Bowl Social hospitality event scheduled on Monday, March 30th, is also canceled We apologize for any inconvenience this may cause and look forward to our continued support to the ILTCI conference in the future Steve Pike National Sales Director – LTC, DI, CI (800) 693-6083 Contact Me Mutual of Omaha ILTCI Status Update E3422 #goldencareagent #mutualofomaha
Read More
Return of Premium… Like a Money-Back Guarantee
Did you know? Return of premium can turn a skeptical prospect into a confident customer. Will your clients need long-term care services? No one knows for sure. So if they hesitate to purchase a policy because they don’t want to end up paying for something they may never use, here’s how to ease their concerns. Explain how adding optional return of premium rider is like a money-back guarantee. Premiums they’ve paid minus any policy benefits they’ve received will be refunded to a beneficiary upon their death. With three return of premium options available from Mutual of Omaha, you’re sure to
Read More
NGL’s Financial Strength Affirmed
AM Best Affirms A- (Excellent) Rating of NGL and Revises Outlook to Positive We are pleased to announce AM Best has revised the outlooks to positive from stable and affirmed its A- (Excellent) rating effective February 28, 2020. This rating reflects the excellent ability of NGL to meet its ongoing insurance policy and contract obligations and further attests to its financial strength. “Our AM Best rating is pivotal to our future success and is a true measure of NGL’s financial strength and business model effectiveness relative to the industry and our peers. We will continue to enhance our business profile,
Read More
Introducing Mutual Perks for Mutual of Omaha Policyholders
Everyone loves a good deal. Whether it’s a discount at a favorite store or restaurant, savings on eyeglasses and hearing aids, a reduced rate on a home mortgage or a low-cost gym membership, the Mutual Perks program is designed to help some of your clients keep more money in their pockets. What’s Included in the Mutual Perks Program? Coupons & Discounts – Discounts at local restaurants and retailers, as well as a variety of national online merchants – many of the places where your customers already spend their dollars. Provided via AccessPerks Health & Fitness Programs – Also known as
Read More
