Jamaica incentive trip dates changed

COVID-19 has certainly complicated business as usual. Yet our top LTC agents still deserve their time in the sun when they go above and beyond — now more than ever. But to ensure more of our agents are able to attend our 2021 incentive trip to Jamaica, we’ve decided to change the dates. Originally set for March 28 — April 1, 2021, the incentive trip will now take place October 17 — 21, 2021. We recognize these are difficult times for many and traveling right now may not be possible. This is our way of making sure our dedicated agents
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Categories: Industry News, Long-Term Care, and Transamerica.

Important Transamerica Update

The Transamerica companies are part of the worldwide group of Aegon companies. As an international life insurance, pensions, and asset management company based in The Hague, Aegon has businesses in over 20 markets in the Americas, Europe, and Asia. Aegon Capital Markets Day: Leader in investment, protection, and retirement solutions December 10, 2020, 07:00 CET At today’s Capital Markets Day, Aegon CEO Lard Friese announces the company’s new strategy and financial targets for the period 2021 to 2023. Financial Targets 2021 — 2023 Reduce gross financial leverage to EUR 5.0 to 5.5 billion Implement expense savings program of EUR 400
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Categories: Industry News, Long-Term Care, and Transamerica.

Transamerica: Dementia Field Guide

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

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

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

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

Premium Not Required For LTC Applications

NEW: PREMIUM NOT REQUIRED FOR APPLICATION SUBMISSION WHEN SUBMITTING INDIVIDUAL LTC APPLICATIONS Effective immediately, Transamerica is pleased to share that cash is no longer required at time of application submission. You may now submit applications without initial premium when submitting individual business. Premium payment will become a delivery requirement. However, for clients that wish to bind coverage, the initial premium* must still be paid when the application is submitted. We hope that this option is of value to your business and your clients when appropriate. For questions or assistance with sales, illustrations, or other matters, please contact the Transamerica LTC
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Categories: Industry News, Long-Term Care, and Transamerica.

Closing of New Sales for Agent Sold Medicare Supplement

CLOSING OF NEW SALES FOR AGENT SOLD MEDICARE SUPPLEMENT BUSINESS Our commitment to you and your customers has always been to provide quality protection, products, and services to individuals and families that they can count on. With this in mind, we’ve decided to streamline our focus and product portfolio by closing new sales of our agent sold Medicare Supplement Insurance business. Effective September 28, 2020, we will stop all new sales for this line of business. This includes all new sales for Agent Sold (MSH1) Medicare Supplement Insurance plans A, B, C, D, F, G, and N. DATES OF TRANSITION
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Categories: Industry News, Medicare Supp./Adv., and Transamerica.

Now Available – New BIO for Connecticut Partnership

NEW BENEFIT INCREASE OPTION – NOW AVAILABLE As a reminder, Transamerica launched its new TransCare® II’s 3% Compound Benefit Increase Option on June 1, 2020, available to your clients starting June 1, 2020, for Connecticut Partnership. All the details on this feature (including the consumer and agent brochures) are included here. Any outstanding applications that were signed on or before May 31, 2020, will be accepted through Monday, June 8. After that time, we will only accept the updated application and ask that you submit any outstanding applications this week. If you have any questions, please give us a call
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Categories: Industry News, Long-Term Care, and Transamerica.

New Compound BIO for The Connecticut Partnership

GOOD IS GETTING BETTER NEW TO THE CONNECTICUT PARTNERSHIP: TRANSCARE II 3% COMPOUND BENEFIT INCREASE OPTION People are living longer, and they need competitively-priced, flexible strategies to help protect their loved ones and financial futures. Long term care insurance can help address costs stemming from qualified long term care services, so clients can help protect their quality of life with confidence knowing they’ve prepared. Introducing TransCare® II’s 3% Compound Benefit Increase Option, available to your clients starting June 1, 2020. With level premium, this Compound Benefit Increase Option automatically increases policy benefits by 3%, annually, beginning on its anniversary date.
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Categories: Industry News, Long-Term Care, and Transamerica.