NGL EssentialLTC Washington State Trust Act Update

Washington State Cares Fund Update The state of Washington recently passed the Washington Cares Fund with the intention of creating a limited benefit for long term care services. W2 employees will be directly impacted through a new payroll tax that takes effect on January 1, 2022. The state has allowed for an opt-out provision for employees who can attest to having an LTCi policy in force prior to November 1, 2021. As a result, National Guardian Life Insurance Company (NGL) is beginning to see an influx of Washington LTC new business applications containing minimum benefit limits to avoid the payroll
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Categories: Industry News, Long-Term Care, and National Guardian Life.

NGL EssentialLTC – Age Matrix Update

Update to the Age Matrix On May 21, 2021, the Age Matrix Report will be updated to display the modal premiums based on the mode chosen (Annual, Semi-Annual, Quarterly, or Monthly.) This change is a great way to discuss voluntary offerings with potential Employer Groups. To run the Age Matrix, select the plan design you want on the illustration user interface, then simply check the “Age Matrix” box on the report selection screen. This will produce a one page report with premium for all ages displayed.   Underwriting Guide updated on the ARC We’ve added more detail to the Premier
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Secure Messages from the LTC Administrative Office

Secure Messages from the LTC Administrative Office As you receive secure messages from the LTC Administrative Office, you will notice that messages you sent on the Symantec platform do not automatically save in your sent folder. If you would like to be able to save copies of messages sent on the Symantec secure email platform, you can click on “Settings” icon at the top of your screen. Then check the box that says “Save a copy of all outgoing messages in my “sent” messages folder.” Please keep in mind that if you check this box, the amount of available space
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Updated Massachusetts Medicare Documents

Updated Massachusetts Medicare Documents The commonwealth (state) of Massachusetts has revised the Massachusetts Medicare documents that must be left with applicants prior to completing the application. Effective May 14, 2021, the following changes are being implemented for Massachusetts Application documents. New Replaces A Massachusetts Consumer’s Guide to Medicare (2021) Massachusetts Bulletin for People with Medicare Guide to Choosing a Medigap Policy (2021) Guide to Health Insurance for People with Medicare (2020)   The updated documents will be available on the EssentialLTC Agent Resource Center under the Massachusetts application documents on May 14, 2021. This can be accessed by selecting the
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Categories: Industry News, Long-Term Care, and National Guardian Life.

NGL – EssentialLTC Update

Annual Statements In the coming weeks, we will begin generating yearly statements on the anniversary date of inforce policies. The statement will provide the insured with policy information, coverage information, two privacy statements and a briefing on NGL’s financial strength. If you are the agent of record on a policy when the statement is generated, then you will receive a copy for your records.   EssentialLTC Product Introduction Guide Looking for an overview of the features and benefits that EssentialLTC can provide your clients? The EssentialLTC Product Introduction Guide provides all of this in one place. It gives a breakdown
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Categories: Industry News, Long-Term Care, and National Guardian Life.

NGL solidifies its commitment to Long Term Care insurance and gaining additional market share

With it’s recent upgrade to A (Excellent) from AM Best, National Guardian Life Insurance Company (NGL) is looking toward the future and solidifying its commitment to the Long Term Care insurance (LTCi) industry with its EssentialLTC long term care product. NGL believes that its diverse product mix, and history of financial strength and stability make it a go-to-choice for LTCi that customers can personalize within their budget. “As we look to the future, NGL is committed to further its expansion of our distribution into the long term care marketplace. NGL’s upgraded A (Excellent) rating from AM Best means we can
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Categories: Industry News, Long-Term Care, and National Guardian Life.

NGL EssentialLTC StrateCision Update

EssentialLTC Update EssentialLTC in StrateCision The enhanced version of EssentialLTC has been approved for use in StrateCision’s programs.   VitalLTC updates coming soon We are still testing the VitalLTC updates. You will be notified when the updates are complete.   1035 Exchange Flyer Don’t forget that you can fund EssentialLTC by a tax-free 1035 Exchange. Click here to download the 1035 Exchange Flyer. It gives you valuable background information on 1035 Exchanges, reasons for doing them and it shows how NGL’s EssentialLTC can be funded with a 1035 Exchange. You can also reference the Agent Guide for a full breakdown
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Categories: Industry News, Long-Term Care, and National Guardian Life.

NGL – Washington State Long Term Care Trust Act

Washington State Long Term Care Trust Act NGL would like to address the Washington State Long Term Care Trust Act and timing for application processing. The most recent date determined by the Washington legislature to meet the “opt out” provision by obtaining a private LTCi policy is November 1, 2021. There is a high probability that all LTCi carriers will see a large increase in applications from now until the fall. In order to process new business and offer an underwriting decision in a timely manner, we are suggesting any applications for applicants trying to meet the November 1 deadline
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Categories: Industry News, Long-Term Care, and National Guardian Life.

EssentialLTC – Underwriting Guide Update

Underwriting Guide Update As part of the recent product enhancements that took place on April 1, 2021 in 38 states, we have released an updated Underwriting Guide dated 03.21. The new guide reflects the new Premier rate class structure, has added items based on your feedback and has more conditions listed in greater detail. The guidelines in the updated guide are applicable to applications in all states, regardless of which version of EssentialLTC they use. Some notable updates include: Guidelines for a family history of dementia       More details for elevated blood pressure       More details
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Categories: Industry News, Long-Term Care, and National Guardian Life.

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