Preparing for Lumico’s new and improved e-Application!

As you may have heard already, we are launching a brand new e-App on Monday, September 14. To access our new application, you will need to register on our new agent portal. Remember to register for the portal – registration can be completed in just a few short minutes. The new e-App will be accessible at www.LumicoAgentCenter.com. Some of it’s new features include: Instant Decision Underwriting – Ability to auto-approve open enrollment and underwritten cases when applicable Dual Applicant Enrollment Capability – Allows for a spouse and partner to apply simultaneously Integrated Voice Signature – Reducing the effort to set-up
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Categories: Industry News, Lumico, and Medicare Supp./Adv..

Agent Registration Required for the new Lumico e-Application

Lumico’s new e-Application will be hosted on a brand new portal. Registration for this new portal is REQUIRED to start a Lumico Med Supp application. Below is a step-by-step approach to get your agents registered and ready to go! Agents can begin registering today through this link: Lumico Agent Center (agents should have received an email from noreply_test@lumico.com inviting them to register) Agents are encouraged to review new e-Application reference materials, including our updated state availability map and IVR process, and test out the new e-Application Starting on 9/14, Lumico’s new e-Application will be available in the portal and the
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Categories: Industry News, Lumico, and Medicare Supp./Adv..

Lumico Medicare Supplement Rate Adjustment (Indiana)

The following rate adjustments are effective September 1, 2020 for new and in-force business in Indiana. Lumico Rate Adjustment State Plan A Plan F Plan G Plan N Indiana 4.0% -5.0% 4.0% 0.0%   Please refer to the points below to determine which rates should be applied. Any application dated on or after August 1, 2020, requesting a policy effective date before September 1, 2020, will receive the current 9-1-19 rates. Any application dated on or after August 1, 2020 requesting a policy effective date of September 1, 2020 or after will receive the new 9-1-20 rates. Marketing Materials: For
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Categories: Industry News, Lumico, and Medicare Supp./Adv..

Lumico Medicare Supplement Rate Adjustment (North Carolina)

The following rate adjustments are effective September 1, 2020 for new and in-force business in North Carolina. Lumico Rate Adjustment State Plan A Plan F Plan G Plan N North Carolina 6.0% 3.0% 6.0% 0.0%   Please refer to the points below to determine which rates should be applied. Any application dated on or after August 1, 2020, requesting a policy effective date before September 1, 2020, will receive the current 8-1-19 rates. Any application dated on or after August 1, 2020 requesting a policy effective date of September 1, 2020 or after will receive the new 9-1-2020 rates. Marketing
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Categories: Industry News, Lumico, and Medicare Supp./Adv..

Lumico Medicare Supplement Rate Adjustment (Illinois)

The following rate adjustments are effective September 1, 2020 for new and in-force business in Illinois. Lumico Rate Adjustment State Plan A Plan F Plan G Plan N Illinois 4.0% 0.0% 4.0% 0.0%   Please refer to the points below to determine which rates should be applied. Any application dated on or after August 1, 2020, requesting a policy effective date before September 1, 2020, will receive the current 9-1-19 rates. Any application dated on or after August 1, 2020 requesting a policy effective date of September 1, 2020 or after will receive the new 9-1-2020 rates. Marketing Materials: For
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Categories: Industry News, Lumico, and Medicare Supp./Adv..

Closing of New Sales for Agent Sold Medicare Supplement

CLOSING OF NEW SALES FOR AGENT SOLD MEDICARE SUPPLEMENT BUSINESS Our commitment to you and your customers has always been to provide quality protection, products, and services to individuals and families that they can count on. With this in mind, we’ve decided to streamline our focus and product portfolio by closing new sales of our agent sold Medicare Supplement Insurance business. Effective September 28, 2020, we will stop all new sales for this line of business. This includes all new sales for Agent Sold (MSH1) Medicare Supplement Insurance plans A, B, C, D, F, G, and N. DATES OF TRANSITION
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Categories: Industry News, Medicare Supp./Adv., and Transamerica.

Heart Attack & Stroke Insurance Lets Your Clients Focus on Treatment

The numbers are overwhelming, but According to the American Heart Association, every 40 seconds someone in the US suffers a heart attack or a stroke. But, studies also show more people are also surviving these diseases more than ever before. With a Heart Attack & Stroke policy from the Critical Advantage Portfolio, you can help your clients: ✔ Replace lost income ✔ Pay health insurance deductibles and co-pays ✔ Keep up with ongoing living expenses like groceries and house payments Take this opportunity to talk to your clients about the costs a stroke can have on them and their family.
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Categories: Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).

Medicare Supplement Insurance Premium Rate Changes

Transamerica Premier Life Insurance Company will be implementing Medicare Supplement insurance premium rate changes in the following states for new sales and in force policies. The in force policies that are impacted were originally underwritten by Transamerica Premier Life Insurance Company. State Plan Adjusted Percentage Upload Date New Rate Effective Date District of Columbia A, F, G, N 7.5% increase 2/20/2020 4/1/2020 Delaware A, F G N 9% increase 7% increase 0% increase 2/20/2020 5/1/2020 Idaho A, F, G, N 15% increase 2/20/2020 5/1/2020 Kansas A, F, G, N 10% increase 2/20/2020 5/1/2020 Maryland A, F, G N 7.5% increase
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Categories: Industry News, Medicare Supp./Adv., and Transamerica.

Attention All New Jersey Agents | Important Notice

MEMORANDUM To: From: Date: Subject: ALL NEW JERSEY AGENTS Guarantee Trust Life Insurance Company (GTL) 01/09/2020 MEDICARE SUPPLEMENT IN NEW JERSEY Due to regulatory requirements, effective immediately we are temporarily suspending Medicare Supplement Sales in New Jersey. We will notify you when the suspension has been lifted. You can access and order the Medicare Supplement rates and forms for other states online through GTLINK, from GTL’s website (www.gtlic.com) by selecting Agents and the GTL Agent Login, under your own user name/password. Once logged in, select Access GTLINK (Download/Order Forms). If you have any questions, or need assistance with ordering forms,
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Categories: Guarantee Trust Life, Industry News, and Medicare Supp./Adv..

Cancer & Heart Attack/Stroke Insurance may be great fit for your Med Supp clients

Nearly everyone knows someone who has been diagnosed with cancer or heart disease. And people who are 65 and older have a higher risk of developing these conditions. When you are meeting with your potential Medicare Supplement clients during open enrollment, try cross-selling a Cancer & Heart Attack/Stroke policy. Cancer & Heart Attack/Stroke coverage are part of Critical Advantage℠ Portfolio. These policies have a lifetime coverage option that can be issued up to age 89. Benefits are paid upon first diagnosis of any covered condition, are paid directly to your client and can be used for any expense they have.
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Categories: Critical Illness, Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).