Updated EssentialLTC Materials

Updated EssentialLTC Materials Keep yourself up to date with all that NGL EssentialLTC has to offer with updated training materials on the Agent Resource Center. Each item is designed to help you share the benefit of this invaluable product with your clients! Here are the updated pieces: Agent Guide LTCi for Almost Any Business Premier Underwriting Guide Product Comparison Product Features and Sales Ideas Production Introduction Guide Product Summary Sales Guide State Variation Listing Worksite Process and Resources 1035 Exchange Flyer NGL is committed to the LTCi market and will continue to bring you updated training materials and consumer pieces.
Read More

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

Thrivent LTC: Annual Report & Updated Producer Guide

Thrivent 2020 Annual Report Every business decision is made with our current and future clients in mind, in fulfillment of Our Purpose and Our Promise. Share the story of Thrivent’s strength and stability: 2020 Financial results overview AM Best Rating Fortune 500 Ranking Assets under management/advisement Total adjusted surplus Thrivent’s response to COVID-19 with resilience and care Download Now   Revised Producer Guide The product reference piece has been re-branded. Most changes were brand-related. The only main change was to remove the Preliminary Declaration of Insurability section at the end (as this form is state specific and could change), and
Read More

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

The Advantage of the Cash Benefit – Bruce’s Story

Real People. Real Stories. Bruce’s Story The Advantage of Cash Benefit 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 Bruce and his wife, Beth. Bruce’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 Advantage of the Cash Benefit – Bruce’s Story   #goldencareagent #mutualofomaha
Read More

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

Genworth Announces Termination of Merger Agreement with Oceanwide

RICHMOND, Va., April 6, 2021 /PRNewswire/ — Genworth Financial, Inc. (NYSE: GNW) (Genworth, the Company) today announced that it has exercised its right to terminate its merger agreement with China Oceanwide Holdings Group Co., Ltd. (Oceanwide) as of April 6, 2021. Terminating the agreement allows Genworth to pursue its revised strategic plan without restrictions and without uncertainty regarding its ultimate ownership, which might impact the Company’s ability to successfully execute the plan. The Company’s revised strategic plan includes a potential partial initial public offering (IPO) of its U.S. MI business (subject to market conditions as well as the satisfaction of
Read More

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

A Better Solution than Relying on Family

  There’s a better option than kids as caregivers “My kids will take care of me.” We’ve all encountered prospective clients who use this line to rationalize why they don’t need a long-term care insurance policy. But when pressed, they’ll often admit they don’t really want their kids to have to take care of them. So how do you demonstrate that purchasing an LTCi policy may be a better solution than relying on their kids? Download the Flyer   Have questions or need a quote? Contact us.   E3368   A Better Solution than Relying on Family   #goldencareagent #mutualofomaha
Read More

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

Annuity Care and Annuity Care II updates take effect April 24

Annuity Care and Annuity Care II updates launching April 24 Last year, we made pricing updates to the Continuation of Benefit (COB) options on our Annuity Care and Annuity Care II products in certain approved states. On April 24, these same updates will go into effect in additional states, and we want to make sure you’re prepared. These changes reflect our commitment to good stewardship, the viability of our products and being there when our customers need us most.   Prepare for the changes What’s changing: Annuity Care In November of 2020, we adjusted the pricing of the Annuity Care
Read More

Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

OneAmerica Care Solutions News

Care Solutions Sales & Support Teams Find your key sales contacts using our current territory map.   Tools and resources LTC Tax Guide The 2021 Long-Term Care Tax Guide is now available, including updated information on the 2021 age-related table eligible premium amounts; a thorough discussion of the benefits of Asset Care when provided as an executive bonus; the benefits of IRC section 1035 exchanges into Care Solutions portfolio products; and much more!   Operations updates Grace period in place to assist policyholders receiving late billing statements We have become aware that due to pandemic and weather mailing delays, some
Read More

Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

The Value of a Care Coordinator – John’s Story

Real People. Real Stories. John’s Story The Value of a Care Coordinator 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 John and his wife, Susan. John’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 Value of a Care Coordinator – John’s Story   #goldencareagent #mutualofomaha
Read More

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

Underwriting and New Business Notifications

UNDERWRITING UPDATES As many of our valued partners know, we discontinued sales of individual, standalone long term care insurance products on March 31, 2021. Also, acceptance of applications under approved multi-life cases (worksite and association) will end on June 30, 2021. However, please know that our underwriters are still focused on servicing the needs of your submitted applications. As a result, there are a few underwriting updates to process your business as quickly as possible during the transition: Our prequalification hotline hours at 866-297-7414 will be 12–5 p.m. CT. You can still email ltc_prequalify@transamerica.com at any time. We will no
Read More

Categories: Industry News and Long-Term Care.

Important EssentialLTC update

Important Consumer Brochure update We are currently reworking our EssentialLTC Consumer Brochure to reflect the April 1, 2021 product enhancements. Effective on April 1 in the states listed below, please do not distribute the current version of the brochure as it will no longer be in compliance. A new version of the brochure will be made available on the Agent Resource Center in the coming weeks. You will be notified of this in a follow up communication. States affected by product enhancements: AK, AL, AR, CO, GA, IA, ID, IL, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS,
Read More

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