NGL acquires Everplans, laying a foundation for expansion to become a digital leader in the insurance and employee benefit landscape We are pleased to announce the acquisition of Everplans, a New York City-based digital life-planning and organization company. Everplans will remain a separate entity and operate as a wholly owned subsidiary of NGL. Together these companies will be able to provide families across the country with easy, affordable and accessible ways to prepare for the unexpected, and be able to securely track and manage vital information throughout their lives, and during challenging times. “We have been helping people face life’s
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EssentialLTC E-Application Coming Soon In Florida
E-Application to be available in Florida Effective January 22 We are pleased to announce the availability of E-APP for EssentialLTC Florida applicants effective January 22, 2021. The E-APP process allows the agent to submit EssentialLTC applications electronically after logging into the Agent Resource Center, as well as to obtain both applicant and agent signatures electronically. With this implementation, the E-APP process can now be utilized in all states where EssentialLTC is available. Please see the EssentialLTC State Variation for additional information relating to State Variations, noting that this will be revised on January 22, 2022 to reflect this change. E-APP
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NGL’s upcoming holiday hours
Upcoming holiday hours We hope you have a safe and healthy holiday season. Please note these upcoming important dates with special holiday hours for our office: Thursday, December 24 – Office closes at 1 p.m. PST Friday, December 25 – Closed Thursday, December 31 – Office closes at 1 p.m. PST Friday, January 1 – Closed Please contact your dedicated Long Term Care Sales Team at LTC@nglic.com with questions. Thank you. #goldencareagent #ngl #longtermcare
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EssentialLTC long term care updates
2021 COLA adjustments for Long Term Care insurance premiums The Internal Revenue Service issued Rev. Proc. 2020-45 providing the 2021 cost of living adjustments (COLAs) for certain items under the Internal Revenue Code (IRC), including “for eligible long term care premiums.” The maximum deduction that an individual who itemizes deductions may take for qualified long term care insurance premiums is set under IRC §213(d) and adjusted annual for increases in the medical care cost component of the consumer price index. The new maximum qualified long term care premium deductions under IRC §213 – for taxable years beginning in 2021 are
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COVID-19 and underwriting guidelines
COVID-19 and underwriting guidelines We reevaluated and adjusted our underwriting guidelines for applicants who have had a negative COVID-19 test. The current guidelines are: If a test is taken: There will be no waiting period for negative testing scenarios such as work, travel, visiting family or testing in advance of an elective surgery (colonoscopy, etc.). There will be a one month waiting period for a negative test result on an applicant with symptoms or direct exposure to another person who was positive. A positive test is a 6 month waiting period after a full recovery to assess any residuals. These
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EssentialLTC compensation structure updates
You asked and we listened Your feedback was used to simplify and enhance National Guardian Life Insurance Company’s (NGL) EssentialLTC Long Term Care insurance compensation schedule. These changes are available starting on January 1, 2021. We encourage you to ask GoldenCare about the changes and about signing the new schedule. Simplified compensation structure Your compensation is important to us. We listened to you and heard that you wanted a simplified compensation structure, making it easier for you to understand how you will be paid. Instead of eight levels of age bands, there are now two levels: Issue ages 40-69 Issue
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EssentialLTC Long-Term Care Updates
Coming soon – all policies will have copies of schedule pages You asked and we listened. Beginning on Wednesday, November 25, all issued policies will now be accompanied by copies of the schedule pages for your convenience. These copies are intended for you to easily keep a copy of the schedule pages for your own records before you forward the policy to the policyholder. Copies of schedule pages will be issued with all National Guardian Life Insurance Company (NGL) EssentialLTC policies, except for California which will be available at a later date. Underwriting tips and refresher Do you need a
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NGL’s upcoming holiday hours
Upcoming holiday hours We hope you have a safe and healthy holiday season. Please note these upcoming important dates with special holiday hours for our office: Wednesday, November 25 – Office closes at 1 p.m. PST Thursday, November 26 – Closed Friday, November 27 – Closed Thursday, December 24 – Office closes at 1 p.m. PST Friday, December 25 – Closed Thursday, December 31 – Office closes at 1 p.m. PST Friday, January 1 – Closed Please contact your dedicated Long Term Care Sales Team at LTC@nglic.com with questions. Thank you. #goldencareagent #ngl #longtermcare
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Monthly modal premium factor lowered in Arizona and District of Columbia
Monthly modal premium factor lowered in Arizona and District of Columbia Effective November 20, 2020, the modal premium factor utilized to determine the monthly premium amount for EssentialLTC is being lowered in Arizona and the District of Columbia. The change will be from a current factor of .095 to a new factor of .0875. With this implementation, the monthly modal factor will now be .0875 in all states where EssentialLTC is available. The EssentialLTC State Variation document will be revised on November 20, 2020 to reflect this change. View the Financial Strength Flyer #goldencareagent #ngl
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Good partners grow with you
Good partners grow with you Our financial strength flyer highlights how our diverse product mix and history of financial strength and stability make NGL a go-to choice for Long Term Care insurance. EssentialLTC’s popular features are included in the flyer, showcasing how you can create a personalized policy within your client’s budget. Specializing in a suite of innovative products for life’s journey, we give people the financial stability, careful guidance and peace of mind to lead a life filled with confidence, dignity and grace. We are proud to serve our partners and policyholders through connection, collaboration and compassion. View
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