Extended Care By The Numbers

It’s not just the risks – it’s the consequences. People insure against risks from natural disasters, home fires and car accidents. Yet they often overlook a large risk that can impact families financially, physically and emotionally—long-term care. This new consumer-approved piece showcases the important numbers—the physical, emotional and financial impact on caregivers, and the reasons why someone should plan today (rising care costs, expected caregiver shortages and data on how age impacts someone’s insurability). ICC23 31425 is approved for use in AK, AL, AR, CO, GA, IA, ID, IL, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, NC,
Read More

Categories: Industry News, Long-Term Care, and Thrivent.

Thrivent offices and call centers closed for Presidents Day on 2/19

Thrivent offices and call centers closed for Presidents Day on 2/19 On Monday, Thrivent will observe Presidents Day — all corporate offices and call centers will be closed.   New mailing address as of 2/16/24 Newman Long Term Care 600 Portland Ave. S. Suite 100 Minneapolis, MN 55415-4402   Note: This address should only be used for mailings that are not time-sensitive. This is a mail-stop only. Mailed items may experience a delay as they are relayed to our remote teams. We encourage you to contact us before mailing anything. Applications or other time-sensitive items should be sent electronically by
Read More

Categories: Industry News, Long-Term Care, and Thrivent.

Thrivent LTC now offers lifetime renewals

Effective 1/1/24, lifetime renewals on new business In recognition of our strong results in independent distribution, and our desire to grow this business, Thrivent has enhanced our competitive compensation for you as of January 1, 2024. Going forward, Thrivent has moved from a 10-year renewal cap to lifetime renewals on life-pay policies. This is yet another reason for making Thrivent a regular part of your LTCi offerings. In addition to this competitive compensation, Thrivent offers: Multiple Solutions with our traditional LTCi and linked-benefit solution (CareForward™) A benefit-rich traditional LTCi solution offering competitive features and pricing More ages to insure (18-79
Read More

Categories: Industry News, Long-Term Care, and Thrivent.

Updated LTCi Consumer Tax Guide

Tax tools to enable more proactive extended care conversations There are many reasons why clients should create a long-term care strategy. One message that has resonated well with consumers, is on the tax advantages of planning with long-term care insurance. Premiums might be deductible, claims are paid tax-free and some states offer tax incentives for LTCi policyholders. These tools are designed to help you share news on these tax advantages with your clients. LTCi Tax Deductibility Guide Updated with 2024 amounts Many clients are not aware that LTC benefits are paid 100% tax-free, but some or all of the premiums
Read More

Categories: Industry News, Long-Term Care, and Thrivent.

Annual Advertising Compliance Reminder

State advertising regulations require Thrivent to remind you each year about our advertising requirements. Regulatory bodies such as the State Insurance Departments, FINRA and SEC require that Thrivent maintain a system of control over the content, form and method of dissemination of advertisements. Thrivent’s policy, which is based on these regulatory requirements and enhanced to ensure brand and messaging alignment, is that all materials used to advertise Thrivent, its products or services, or created with the intent to sell Thrivent’s products must be approved and a compliance number issued by the corporate compliance area before use. Learn More   #goldencareagent
Read More

Categories: Industry News, Long-Term Care, and Thrivent.

Thrivent and LTCG/illumifin Upcoming 2023 Holiday Closures

Important Dates Dec 25 — Christmas Day Thrivent and illumifin are closed Dec 27 — Year-End Cutoff to receive premium or to receive outstanding requirements for Thrivent LTC Jan 1 — New Year’s Day Thrivent and illumifin are closed   #goldencareagent #thrivent #ltc
Read More

Categories: Industry News, Long-Term Care, and Thrivent.

What are fraternal benefits societies?

A new consumer-approved video helps explain how a fraternal benefits society like Thrivent is different from other types of insurers. This video will also help you with some talking points as you discuss who Thrivent is and how the company is built to serve our policyholders, not shareholders. The shareable link is: https://video.thrivent.com/view/2EKQQJcg59pl8qeUdZTmWb Watch Video   Advisor Resources Thrivent 101 – Understanding the basics of a fraternal benefit society Being a fraternal benefit society makes Thrivent unique in the LTCi space, but how does one explain a fraternal insurer to their clients? This producer reference piece breaks it down so
Read More

Categories: Industry News, Long-Term Care, and Thrivent.

LTC Awareness Month – The value of Caregiver Resources

Caregiver Resources from Homethrive Last year, Thrivent introduced a valuable new membership benefit: Caregiver Resources from Homethrive. Caregiver Resources include online tools including articles, videos, blogs and checklists on topics related to aging and caregiving. Users can:       • Chat live with an expert.       • Get personalized recommendations.       • Have relevant content emailed to them. And while other services focus on helping clients find the best care facility, Homethrive focuses on supporting caregivers to help aging adults live safely and successfully in their homes as long as they can. Behind Homethrive is
Read More

Categories: Industry News, Long-Term Care, and Thrivent.

It’s Long-Term Care Awareness Month – 2 new resources available!

New consumer video and flyer We’re pleased to introduce a new consumer-use video and companion flyer that speak to a big Thrivent differentiator – the social impact of our fraternal giving. We’ve found that many clients feel good about having coverage from a company that does good in its communities. Play Video   How Thrivent supports communities A downloadable flyer that helps describe how Thrivent drives impact through our clients and into our communities. This flyer lists up-to-date stats of the impact Thrivent clients have created. Form #31456 Download flyer         #goldencareagent #thrivent #ltc
Read More

Categories: Industry News, Long-Term Care, and Thrivent.

LTC Awareness Month resources from Thrivent

Every November, the industry – led by Life Happens – comes together to sponsor Long Term Care Awareness Month. This campaign is designed to educate consumers about the importance of long-term care and the role it plays in protecting families’ financial security. To take advantage of heightened awareness in the marketplace during the month of November, Thrivent has packaged some of our most popular resources designed to raise awareness and drive contact with financial advisors. The lack of conversations: 92% of consumers believe that financial professionals should talk about long-term care care plans with their clients1 59% of people have
Read More

Categories: Industry News, Long-Term Care, and Thrivent.