New minimums apply for partnership policies for 2020

New minimums apply for partnership policies for 2020 Connecticut Partnership: Daily Minimum Benefit of $291 for TransCare II. For older plans (see attached memo), it is $291 for Nursing Home Benefit, $145.50 for Home and Community Based Benefit. Indiana Partnership: Daily Minimum is still $115, Pool of Money Minimum of $409,537 in order to earn total asset protection (see page 18 of INP-2H-22410 IN.3).   Questions? Please contact the Transamerica sales desk at 888-545-2713.   New minimums apply for partnership policies for 2020   #goldencareagent #transamerica
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Categories: Industry News and Long-Term Care.

New, Rebranded Transamerica Assets Now Available

We have new rebranded assets available on online! We have new rebranded assets available on online! The rebrand includes headlines that pop, lively images, and eye-catching call outs. Agent Only: Description Item # Benefit Increase Options Flyer 121103 LTC Partnership Reference Guide 125031   Consumer Pieces: Description Item # Cash Benefit Flyer 120502 Tailored BIO Flyer 119718 LTC Insurance Protection Consumer Guide 115717   To download, click the links provided above, or log in to www.taltc.com and click “Order Supplies” under the Tools menu.   Questions? Please contact the Transamerica sales desk at 888-545-2713.   We have new rebranded assets
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Categories: Industry News and Long-Term Care.

Errors and Omissions Insurance

Mutual of Omaha and its affiliates (United of Omaha and United World) require Errors and Omissions Insurance in the amount of $1 million (per claim) prior to selling the following insurance products: • AccumUL Answers • AccumUL Plus • GUL • GUL Plus • GUL Survivor • Term Life Answers • Bonus Flexible Annuity • Ultra Secure Plus • Income Access • Ultra-Income product • Critical Illness • Disability • Long-Term Care • Medicare Advantage • Prescription Drug Plans As a GoldenCare producer, you have the ability to get this valuable coverage at a discount! Check out our Errors and
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Getting clicks and likes while generating leads and sales

Prepare for What’s Next Getting clicks and likes while generating leads and sales. The latest Care Solutions multimedia campaign portrays common long-term care situations, giving you a place to start the conversation with potential clients. A Promise for a Lifetime follows the stories of four potential client personas: Lisa, Michael, Thorpe, and Andy & Becky. By posting their captioned pictures and videos, you can open the long-term care discussion to your online community and beyond. They can be posted on your social media platforms (Twitter, Facebook, and LinkedIn) or used in presentations, lobby slides or emails to clients Be sure
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Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

In-Force Rate Action Announcement: Michigan AARP (Privileged Choice®)

> Privileged Choice® with Stable Premium Option > 1% Benefit Increase 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. Michigan has now allowed the following increases: Michigan AARP Product Series Increase Percentage Privileged Choice 20.9%   This rate increase applies to AARP policies only. 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 January
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Categories: Genworth, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: Kansas (PCS I, PCS II, Choice 1)

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. Kansas has now allowed the following increases: Kansas Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods PCS I 55% 72% PCS II 55% 72% Choice 1 55% 72%   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 January
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Categories: Genworth, Industry News, and Long-Term Care.

NGL launching new LTC sales team

NGL has exciting plans for our long term care product in 2020, including enhancing our technology offerings, building and implementing robust sales and marketing plans and growing the business. New this year we have an experienced NGL team in place who are dedicated to long term care sales and marketing. If you haven’t already heard from them, Joe, Lori or Lawrence will be reaching out to you in the upcoming weeks to learn how we can best offer training and application materials, guides, etc. to make selling NGL’s EssentialLTC long term care product easier for you. Joe has more than
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Updated Personal Worksheets for Montana and North Dakota

Effective January 1st, 2020, the Montana and North Dakota paper and e-app personal worksheets have been updated. MT LTC13: M119106_MT (Potential Premium Increase form) replaces M28370 M28385_MT (MT LTC13 Outline of Coverage form) updated, same form number ND LTC13: M119106 (Potential Premium Increase form) replaces M28370 Old forms will not be accepted after January 31st, 2020.   If you have any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083 or email sales.support@mutualofomaha.com.   Updated Personal Worksheets for Montana and North Dakota   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Video Interview: Thinking About the Future of Underwriting with Allen Gregoire

Thinking About the Future of Underwriting with Allen Gregoire We’re wrapping up the series with our Director of Underwriting, Allen Gregoire. Allen discusses the effort his LTC underwriting team puts into quick turnarounds, and wonders how the future of insurance underwriting, especially concerning genetic testing and cognitive diagnoses like Alzheimer’s and dementia. Don’t miss this chance to hear from Allen!   Video Interview: Thinking About the Future of Underwriting with Allen Gregoire   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

LTC Teleconference Recording: Other Than Applied

We appreciate your attendance and enjoyed answering all your questions at the fifth LTC underwriting teleconference. Didn’t make it? That’s OK! We recorded it for you. Dial this number to listen to the teleconference anytime: (855) 859-2056  |  Conference ID: 9182458   All teleconferences are available for download on Sales Professional Access under Sales Tools > Product Education. Please look for continued communications from us in 2020.   LTC Teleconference Recording: Other Than Applied   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).