Employer Group Rate Class to be Available in 6 Additional States

In addition to the 38 states that already have the Employer Group rate class (unisex premium rates), 6 additional states will be available effective 11/01/2019:  CT, DE, HI, IN, ND, and SD. LTCi for Almost Any Business Available to almost any business with 5+ employees Streamlined group approval process Unisex premium rates for employees and eligible family members* Access to all the EssentialLTC features available in the individual market 10-year/single premium payment, lifetime benefits, return of premium/surrender options, joint pricing, and more Partnership eligible policies available in many states* Low minimum participation requirement 2 to 5 issued employees (varies by
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Genworth Cost of Care Survey 2019 – Announced Today

Genworth Cost of Care Survey 2019: Skyrocketing care costs may make the dream of aging at home more challenging Richmond, VA (October 16, 2019) — The fastest-rising long term care costs are no longer for the most skilled care – in a facility, they’re now for the least-complex care – at home, according to Genworth’s latest 2019 Cost of Care Survey results, announced today. To explore Cost of Care data by city, state or zip code, find trend charts and access lists of states ranked in order of care costs, visit www.genworth.com/costofcare. The cost of homemaker services, which includes assistance
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Categories: Genworth, Industry News, and Long-Term Care.

Rate Adjustments Effective January 2020

Long-Term Care insurance (LTCi) is a core product for Mutual of Omaha, and we intend to remain a key player in this market for years to come. To fulfill this commitment, we actively monitor emerging industry trends and make any adjustments necessary that enable us to keep our promises to policyholders and remain competitive in the marketplace. For this reason, we will be implementing the following rate adjustments effective January 1, 2020: Block of Business Impacted States LTC04G Delaware, West Virginia LTC04I Delaware, District of Columbia LTC06UI Alaska, District of Columbia, Mississippi, North Dakota, West Virginia   For a complete
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Advance Notice: End of Year Pay Schedule

As the holiday season quickly approaches, it’s easy to forget important dates with all the hustle and bustle. That’s why we are giving you early notice of our key end of year pay dates. Take a look and keep a copy with you to ensure you have the right dates. Mutual of Omaha and its affiliates (United of Omaha and United World) will be closed on the following days: Thanksgiving: Thursday, November 28, 2019 and Friday, November 29, 2019 Christmas: Wednesday, December 25, 2019 New Year’s Day: Wednesday, January 1, 2020 The past pay cutoff in 2019 for Life is
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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).

Monthly Modal Premium Factor Reduced in 5 Additional States

In addition to the 41 states that already have the lower monthly modal premium factor, on 10/11/19 the monthly modal premium factor changed from .095 to .0875 in an additional 5 states: CT, DE, IN, ND, and SD. This will affect new business and active policies retroactive to their effective date with a refund of premiums.   See our release announcement for additional information regarding: Newly revised illustration software Notification to active policyholders Refund of premiums Release Announcement How to Learn More Contact NGL’s Sales Support Team at (888) 505-2332 or status@ngl-essentialLTC.com.   #goldencareagent #ngl
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Categories: Industry News, Long-Term Care, and National Guardian Life.

We typically don’t like to brag, but …

Our Comdex ranking is now 961 At Securian Financial, we take pride in our ratings. That’s because it’s important for you to work with a company your clients can count on when they need it most. Our longevity, financial strength and diversity are testaments to the strength of our company2 – giving your clients confidence when making a purchase. So they can enjoy the here and now. View ratings Contact Us Questions? Please call Securian’s Life Sales Support Team at 1-888-412-7860, option 1.     1. This ranking is current as of September 2019 and subject to change. 2. Minnesota
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Categories: Industry News, Life Insurance, and Securian.

MutualCare Solutions Portfolio (LTC13) E-App Enhancements

Effective October 12, 2019, MutualCare Solutions (LTC13) applications submitted using the e-application platform through Paperless Solutions Group will now feature an automatic submit process after both the producer and client have signed. During the email signature process If the client signs first, an email will be sent to the producer and marketer that the client signatures are complete. The producer will then need to sign the application and once complete, the application will automatically submit If the producer signs first, an email will be sent to the client to complete their signature. Once the client signs the application, it will
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Illinois Partnership Passive Exchange

In December 2018, Mutual of Omaha announced the Illinois Partnership approval. The next phase of the process begins October 2019. Impacted customers, those with relevant policy forms and meeting state inflation protection requirements, will receive notification letters beginning mid-October. This letter will inform customers their LTC policy is now partnership-approved. Click here to view the Partnership Program page on Sales Professional Access (SPA) for more information on LTC Partnership.   Illinois Partnership Passive Exchange   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).