Introducing the Lumico Loyalty Program!

Introducing…the Lumico Loyalty Program! Ready to take your Med Supp rewards to new heights in 2024? New you can! In addition to cash bonuses all year long, we’re introducing the Lumico Loyalty Program — with issued apps counting toward rewards starting on January 1. Here’s how the Lumico Loyalty Program works: Make your way up the mountain by selling Lumico’s Med Supp plans. Ascend from an Explorer to become a Pioneer, with every app you issue. Earn perks and support along the way to fuel your climb! Get the details here → Lumico Loyalty Program Flyer   Lumico — Insurance
Read More

Categories: Industry News, Lumico, and Medicare Supp./Adv..

Upcoming Lumico Med Supp rate adjustment on 3/1

Upcoming rate adjustment for Med Supp Effective March 1, 2024, there will be a rate adjustment for Med Supp policies underwritten by Lumico Life Insurance Company (Lumico) in select states. For FL only New policies will continue to be underwritten by Lumico in Florida. Please note the following cut off dates: Applications signed on or after 2/1/24, with a requested effective date on or after 3/1/24, will be subject to the new rate. Applications signed on or before 1/31/24, with a requested effective date on or after 3/1/24, will receive the current rate. For IA, KY, MO, ND, NV, OK,
Read More

Categories: Industry News, Lumico, and Medicare Supp./Adv..

Med Supp Withdrawn In 9 States Effective 1-1-24

Med Supp Withdrawn In 9 States Effective 1-1-24 Effective January 1, 2024, acceptance of new Med Supp applications in the following states will be discontinued: Lumico States — NV and WY ELIPS States — IA, IL, MD, MO, NE, OK and SD Here’s what you need to know: Effective 1/1/24, we will no longer accept applications in the above states. Any apps started in our e-App must be submitted by 12/31/23, or they will expire on 1/1/24. Paper applications received on or after 1/1/24 will be returned. Applicants may request an effective date that is after 1/1/24, so long as:
Read More

Categories: Industry News, Lumico, and Medicare Supp./Adv..

Update – Voice Signature option for Lumico Med Supp apps

Update – Voice Signature option for Lumico Med Supp apps Effective January 1, 2024, the Voice Signature (Voice Sig) option will no longer be available for Lumico Med Supp apps. Here’s what you need to know: Agents may notice some changes to the e-App to remove the Voice Sig option starting 12/19. This change will only impact new Med Supp apps they submit on/after 12/19. The Code Signature, e-Signature, and Sign Pad options will remain available for use with Med Supp customers. If you have any questions, please reach out to your Account Manager directly.   Thank you! Lumico Medigap
Read More

Categories: Industry News, Lumico, and Medicare Supp./Adv..

Reminder – Upcoming holiday hours

A holiday’s around the corner! Please review Lumico’s Holiday Calendar for office and service center closures or impacted hours of operation. We appreciate your partnership and hope you enjoy the holidays!   Thank you! Lumico Medigap Solutions Team   Note: If you experience production issues at any time, please call our production support line at 1-888-536-0918.   Lumico — Insurance Made Clear.   #goldencareagent #lumico
Read More

Categories: Industry News, Lumico, and Medicare Supp./Adv..

Upcoming Lumico Med Supp rate adjustment on 1/1/24

Upcoming rate adjustment for Med Supp Effective January 1, 2024, there will be a rate adjustment for Med Supp policies underwritten by Elips Life Insurance Company (Elips Life) in Kentucky, Maryland and Virginia. For KY, MD and VA New policies will continue to be underwritten by Elips Life in these three states. Please note the following cut off dates: Applications signed on or after 12/1/23, with a requested effective date on or after 1/1/24, will be subject to the new rate. Applications signed on or before 11/30/23, with a requested effective date on or after 1/1/24, will receive the current
Read More

Categories: Industry News, Lumico, and Medicare Supp./Adv..

Upcoming Lumico Med Supp rate adjustment on 11/1

Upcoming rate adjustment for Med Supp Effective November 1, there will be a rate adjustment for Med Supp policies underwritten by Lumico Life Insurance Company (Lumico) and Elips Life Insurance Company (Elips Life). For Lumico states (IL and TN) No new policies will be underwritten by Lumico in IL and TN. Policies in these states will continue to be underwritten by Elips Life. For Elips Life states (IL) New policies will continue to be underwritten by Elips Life in IL. Please note the following cut off dates: Applications signed on or after 10/1/23, with a requested effective date on or
Read More

Categories: Industry News, Lumico, and Medicare Supp./Adv..

Upcoming Lumico Med Supp rate adjustment on 10/1

Upcoming rate adjustment for Med Supp Effective October 1, there will be a rate adjustment for Med Supp policies underwritten by Lumico Life Insurance Company (Lumico) and Elips Life Insurance Company (Elips Life). For Lumico states (AR and IN) No new policies will be underwritten by Lumico in AR and IN. Policies in these states will continue to be underwritten by Elips Life. For Elips Life states (IN and WA) New policies will continue to be underwritten by Elips Life in IN and WA. Please note the following cut off dates: Applications signed on or after 9/1/23, with a requested
Read More

Categories: Industry News, Lumico, and Medicare Supp./Adv..

Now available – Text message option for Code

Now available: Text message option for Code Signature on Lumico Med Supp apps In Case You Missed It, our newest signature method, Code Signature, is up and running. Plus, the text message option is now available! Here’s how the Code Signature works: Select the “Code Signature” option On the pop-up screen, you should choose how your client would like to receive their forms/disclosure (text message or email): For text message: Enter client’s mobile phone number Client will receive the 4-character authorization code and a link to access documents via text For email: Enter client’s email address Client will receive the
Read More

Categories: Industry News, Lumico, and Medicare Supp./Adv..

Upcoming Lumico Med Supp rate adjustment on 9/1

Upcoming rate adjustment for Med Supp Effective September 1, there will be a rate adjustment for Med Supp policies underwritten by Lumico Life Insurance Company (Lumico) and Elips Life Insurance Company (Elips Life). For Lumico states (CO, LA, MS and NC) New policies will continue to be underwritten by Lumico in: CO. Please note the following cut off dates: Applications signed on or after 8/1/23, with a requested effective date on or after 9/1/23, will be subject to the new rate. Applications signed on or before 7/31/23, with a requested effective date on or after 9/1/23, will receive the current
Read More

Categories: Industry News, Lumico, and Medicare Supp./Adv..