Protecting wealth for an aging America As a financial professional, the question isn’t “if,” but “how many” of your clients will be affected by Alzheimer’s and dementia. Help your clients understand and address the financial implications of this damaging disease. Through our collaboration with the Massachusetts Institute of Technology (MIT) AgeLab, we’ve developed several comprehensive pieces designed to illustrate the costs associated with Alzheimer’s disease and other forms of dementia. Transamerica is a proud supporter of the MIT AgeLab. LEARN MORE If you have any questions, please contact your Transamerica support team: 888-545-2713. #goldencareagent #transamerica
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Transamerica New LTC Social Media Flyer
CONNECT WITH CLIENTS Using These Pre-Built Social Media Campaigns Check out the new LTC social media flyer with all of the resources you need to learn how to market yourself through social media! Reach clients where they are with this pre-built social media kit. We’ve included instructions for use, as well as best practices. Get Guide If you have any questions, please contact your Transamerica support team: 888-545-2713. #goldencareagent #transamerica
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Washington State Long Term Care Trust Act
Important details about the Washington State Long Term Care Trust Act In 2019, Washington Governor Jay Inslee signed the Washington State Long Term Care Trust Act into law, paving the way for a first-in-the nation publicly funded long term care benefit for eligible residents. Get all the details on this law in our new summary flyer. View Flyer If you have any questions, please contact your Transamerica support team: 888-545-2713. Important details about the Washington State Long Term Care Trust Act #goldencareagent #transamerica
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2021 Tax Deductibility Limits
Long-term care insurance tax-deductible limits have just been increased offering seniors as much as $420 in additional deductible benefits according to the American Association for Long-Term Care Insurance. “Tax deductibility for those purchasing certain government-approved long-term care insurance is an incredible benefit,” explains Jesse Slome, director of the American Association for Long-Term Care Insurance (AALTCI). “The tax deductibility becomes especially valuable in retirement when income decreases and health costs generally go up.” The Internal Revenue Service just announced the increased 2021 limits for tax deductibility of long-term care insurance premiums. According to IRS Revenue Procedure 2020-45, a couple age 70
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Lumico’s Q4 incentives just got even better
∞ NO LIMIT TO HOW MUCH YOU EARN $150 PER UNDERWRITTEN MED SUPP $50 PER NON-UNDERWRITTEN MED SUPP Qualify with just three applications in a month. Valid October, November and December. Lumico’s Q4 incentives just got even better Lumico — Insurance Made Clear. #goldencareagent #lumico
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Lumico looks forward to supporting you during AEP!
Annual Enrollment Period (AEP) has kicked off! Yesterday marked the start of the Annual Enrollment Period (AEP). We wish you good luck and much success. We have created a Top 5 Frequently Asked Questions guide for your reference for the new Lumico e-Application. It includes short step-by-step instructions to help you successfully navigate the following areas: eSignature process Review screen/missing information (yellow triangles) Uploading additional documentation How to make a change on the application Printing completed applications You can find the helpful guide here: Med supp e-App Top 5 FAQs If you have any additional questions, we are here
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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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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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Transamerica Operations Disrupted by Storm
TRANSAMERICA OPERATIONS DISRUPTED BY STORM WE APPRECIATE YOUR PATIENCE On Monday afternoon, severe storms passed through central Iowa and affected our Cedar Rapids operations. Most importantly, we believe our employees are safe despite widespread damage in the area. Power and internet outages are widely reported, which will lead to a few days of uncertainty. In response, Transamerica and our administrative partner, TCS, have enacted our Business Continuity Plan. During this time, several phone lines will be temporarily closed or rerouted to other locations. Lines that remain open will have longer wait times as we try to balance customer support. These
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Premium Repayment Plans
Mutual of Omaha remains committed to helping our customers during these challenging times. We continue to follow regulatory guidance on a state-by-state basis regarding extending grace periods and/or non-cancellation/non-renewal requirements on insurance policies. In certain circumstances, clients who have been impacted by the COVID-19 pandemic may be eligible for repayment plans on their deferred premiums. Please direct any clients who inquire about their repayment options to contact Policyowner Services at 800-775-6000. Premium Repayment Plans #goldencareagent #mutualofomaha
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