Long-term care processing times return to business as usual Processing times for long-term care (LTC) new business applications have returned to business as usual. What you need to know Starting in late May 2021, an unprecedented number of LTC applications were submitted in response to the Washington Cares Fund. This one-time event resulted in industry-wide service delays and long processing times for new business. We have been working diligently the past several months to process the large inventory of pending cases and are happy to share that the new business backlog has significantly reduced, returning processing times for new applications
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NGL EssentialLTC Consumer Presentation
NGL EssentialLTC Consumer Presentation Show your clients the importance of Long Term Care insurance (LTCi) with the EssentialLTC Consumer Presentation. The presentation explains to consumers why they should consider LTCi, the cost of long term care and how not having LCTi can impact their family. It uses easy to understand language and visual charts to help your clients make an informed decision about their long term care needs. Visit the Agent Resource Center to download a PDF a copy under Consumer Materials. Available for use in the following states: AK, AL, AR, CO, GA, IA, ID, IL, KS, KY, LA,
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EssentialLTC, Lifetime Benefit, Lifetime Benefit Rider, Long-Term Care, long-term care insurance, LTC, LTCi, National Guardian Life, National Guardian Life Insurance Company, NGL, Shared Benefit, Shared Benefit Amount Rider, and Shared Benefit Rider.
NGL EssentialLTC – Two of our favorite features
Two of our favorite features Lifetime Benefit Period Extension Rider If your clients are concerned about a long claim duration, lifetime benefits could be appealing. The Lifetime Benefit Period Extension Rider can provide benefits that will continue for the remainder of the insured’s life while on a claim. Lifetime Benefit Rider Video Shared Benefit Amount Rider Couples who ask about potentially running out of benefits, could find the Shared Benefit Amount Rider to be a cost-effective solution to provide additional coverage. With the Shared Benefit Amount Rider, if either or both insureds exhaust their own Benefit Amount, a joint Shared
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EssentialLTC, Lifetime Benefit, Lifetime Benefit Rider, Long-Term Care, long-term care insurance, LTC, LTCi, National Guardian Life, National Guardian Life Insurance Company, NGL, Shared Benefit, Shared Benefit Amount Rider, and Shared Benefit Rider.
The Need for Home Health Care and Hospice Care – Thomas’s Story
Real People. Real Stories. Thomas’s Story The Need for Home Health and Hospice Care The best way to understand how long-term care insurance can benefit your clients is through stories from our policyholders. Here’s how having a policy made a real difference for Thomas and his daughter, Sara. Thomas’s Story – View the Flyer If you have any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083 or e-mail sales.support@mutualofomaha.com. The Need for Home Health Care and Hospice Care #goldencareagent #mutualofomaha
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Inforce Long-Term Care Insurance Rate Adjustments Effective May 1, 2022
Mutual of Omaha actively monitors our inforce long-term care business, filing rate adjustments when necessary to ensure we keep our promises to policyholders and remain competitive in the marketplace. We will be implementing the following inforce rate adjustments effective May 1, 2022: Impacted Policy Forms Impacted States LTC04I Michigan, Nebraska LTC04G Michigan LTC04I7 Michigan, Nebraska LTC09M Michigan, Nebraska LTC06UI Michigan, Nebraska LTC09U Michigan, Nebraska LT50, NH50, HCA, NHA & LTA Alabama, South Carolina and Utah For details on yearly rate adjustment percentages, view the supplemental grid here. Policyholder Notification Process Policyholders will receive a letter notifying them at least
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NGL EssentialLTC for Employers
NGL EssentialLTC for Employers NGL EssentialLTC is designed for not only individuals looking for Long Term Care insurance, but for employers as well. If you have a business intent on finding more opportunities to reward, retain and recruit existing and new talent, LTCi benefits go a long way towards achieving that goal. NGL has the right program and tools you need to succeed in integrating the unique benefits of EssentialLTC to prospective employer groups. LTCi for Almost Any Business — Learn about EssentialLTC’s program for the worksite and how it competitively compares. For agent use only. Employer Brochure — Show
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Give Your Clients the Best of Both Worlds
It’s good to have choices. Mutual of Omaha’s long-term care policies allow insureds to choose how they prefer to receive policy benefits – either cash up front or traditional reimbursement. While other companies may offer cash, Mutual of Omaha’s cash benefit has no elimination period. That makes this concept well suited for: People who worry their policy may not pay for the type of care they need in the future People who like to make sure all their bases are covered People concerned about having to satisfy an elimination period before policy benefits begins Read the Sales Idea to learn
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Making a Case for Return of Premium
Return of premium riders often are misunderstood. Sure, they may add to the cost of a policy. On the other hand, they can be just what a client needs to feel comfortable making a buying decision. With three return of premium options available on Mutual of Omaha’s MutualCare® Custom Solution policy, you are sure to find one that can turn a skeptical prospect into a confident customer. Read the Sales Idea to learn more. Making a Case for Return of Premium #goldencareagent #mutualofomaha #longtermcare
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Join Thrivent at the 2022 ILTCI Conference
Visit Thrivent LTCi in the exhibit hall at Booth 48 Thrivent is excited to be a Diamond Sponsor of the 2022 ILTCI conference in Raleigh, NC. Join us March 20-23 for the ILTCI in-person conference at the Raleigh Convention Center. With just under two months until it starts, there are already nearly 600 attendees and 70 exhibitors and sponsors. Seating will be limited, so please plan to join us for one of these two sessions. Monday, March 21 | 1:00 to 1:45 PM | Room 205 Tuesday, Marcch 22 | 1:00 to 1:45 PM | Room 205 We hope to
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California Consumer Materials
California Consumer Materials There are now consumer materials that are approved for use in the state of California! These materials are designed to make explaining the benefits of National Guardian Life Insurance Company’s (NGL) EssentialLTC to your clients easier. Beginning February 11, these materials for use in California only, will be available under the consumer section of the Sales and Marketing tab on the Agent Resource Center (ARC) or by clicking the links below to download. Consumer Brochure Consumer Presentation Consumer Flyer Employer Brochure The Claims Flyer and Consumer Underwriting Flyer are also available for consumer use as
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