NGL EssentialLTC – WA Annual Premium Clarification

Washington Annual Premium Minimum As a reminder, there is a new annual premium minimum of $2,000 in effect for Washington state. To clarify what this means for different payment options, please see below for a breakdown of this minimum based on payment mode: $2,000 – Annual Premium $1,040 – Semi-Annual Premium $540 – Quarterly Premium $175 – Monthly Premium Please note, the minimum annual premium for a joint application is only $2,000 total, not $2,000 per applicant. These minimums are only applicable to Washington applications and are only in place through November 1, 2021. New Business NGL is processing the
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Categories: Industry News, Long-Term Care, and National Guardian Life.

NGL EssentialLTC – New Washington state premium minimum

New Washington state premium minimum Due to the recent Washington Cares Fund, National Guardian Life Insurance Company (NGL) is experiencing a very high volume of low premium LTCi new business applications from Washington, many of which are less than one-third NGL’s average LTCi premium per policy. NGL is taking steps to increase the likelihood applicants are purchasing LTCi protection for the long term. NGL is instituting a new premium minimum in Washington state only: Effective Wednesday, July 7, 2021, all WA applications must have a minimum annual premium of $2,000. The other previously announced benefit minimums will no longer in
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Categories: Industry News, Long-Term Care, and National Guardian Life.

NGL Holiday Closure & EssentialLTC Videos

Offices Closed July 5 In recognition of Independence Day, NGL’s home office and the LTC administrative office will be closed on Monday, July 5. Regular business hours will resume Tuesday, July 6. We hope you and your family have a safe and enjoyable holiday!   NGL EssentialLTC Videos If you’re looking for training videos for the EssentialLTC product, then we’ve got you covered. The Agent Resource Center (ARC) has videos covering key features of the product and the “how to” of our E-APP and underwriting process. Visit the ARC today to find these videos under the Sales & Marketing tab
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Categories: Industry News, Long-Term Care, and National Guardian Life.

NGL EssentialLTC Washington State Cares Fund Reminder

Washington State Cares Fund Reminder As a reminder NGL has instituted new policy minimum benefits, underwriting requirements and administrative changes in Washington State only. To provide coverage similar to the benefits available through the Washington Cares Fund: The minimum Daily Benefit Amount available is $100. Applications with $50 – $90 Daily Benefit Amounts will not be accepted. The applicant must choose an inflation option. Applications with no inflation will not be accepted. Facility only applications will not be accepted. Underwriting: If an applicant in Washington has not been seen by a physician in the last 24 months, they will be
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Washington Cares Fund – CURRENT AND UPDATED NEWS

GoldenCare has received many questions related to the Washington Cares Fund, and want to help position you for success. We’ve gathered key details here, ranging from the informative consumer website, LTCi carrier news and updates, to news articles and related stories. WA Cares Fund consumer website http://www.wacaresfund.wa.gov/private-insurance/ Special GoldenCare Training Event With LTC Expert Steve Moses YOU ASKED. WE LISTENED!  The impacts of the COVID-19 pandemic and the Washington LTSS Trust Act are among the top concerns noted by our agents. Join us for an LTCi Industry Impacts presentation with one of the most influential and respected people in long-term
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

NGL EssentialLTC Updates

Updated State Variation Listing The State Variation Listing has been updated on the Agent Resource Center. Make sure you check the listing from time to time to keep informed on NGL EssentialLTC’s availability. Click here to download the most recent version.   LTC Social Media Infographics NGL EssentialLTC has downloadable social media infographics for you to use to increase the awareness of the need to plan for long term care. There are 14 separate posts that you can use on any social media platform. Each infographic contains statistics centered around why agents should consider LTCi to help protect their clients
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Categories: Industry News, Long-Term Care, and National Guardian Life.

NGL EssentialLTC for Employers

NGL EssentialLTC for Employers NGL EssentialLTC is designed for not only individuals looking for long term care, but for employers as well. If you have a business interested in long term care, then we have the materials you need to succeed in providing the excellent 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. Worksite Process and Resources — The process and resources available from when you first have a prospect to when you deliver a policy. Tax Summary — Use this flyer to
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Washington Cares Fund – Update

GoldenCare has received many questions related to the Washington Cares Fund, and want to help position you for success. We’ve gathered key details here, ranging from the informative consumer website, LTCi carrier news and updates, to news articles and related stories. WA Cares Fund consumer website http://www.wacaresfund.wa.gov/private-insurance/   Long-Term Care Insurance Case Monitoring Update June 24, 2021 Mutual of Omaha has experienced a large influx of long-term care application submissions over the past several weeks due to the WA Cares Fund. This increase in submissions has caused a slight delay in entering LTC applications into our back-office systems and subsequently
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

EssentialLTC in VitalLTC

EssentialLTC in VitalLTC Communicated around the end of April, additional time was required to test the VitalLTC updates to ensure accurate pricing and benefits were reflected. We’re pleased to announce that the enhanced version of EssentialLTC is now available for use in VitalLTC’s programs.   For agent inquiries, contact your dedicated Agent Services Team at 888.505.2332 or status@ngl-essentialltc.com. For sales questions contact the Long-Term Care Sales Team at LTC@nglic.com.     #goldencareagent #ngl #longtermcare
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Categories: Industry News, Long-Term Care, and National Guardian Life.

New and Updated Consumer Materials

New and Updated Consumer Materials We are excited to announce that we have new and updated materials for use with consumers. These materials are designed to make explaining the benefits of National Guardian Life Insurance Company’s (NGL) EssentialLTC to your clients easier Beginning Friday, May 28, these materials will be available under the consumer section of the Sales and Marketing tab on the Agent Resource Center (ARC) or by clicking the links in the descriptions below to download. These materials are not approved for use in AZ, CA, CT, DE, DC, FL, HI, IN, NJ, ND, SD. You will be
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Categories: Industry News, Long-Term Care, and National Guardian Life.