We are excited that several more national accounts have approved NGL EssentialLTC for their agents and advisors to use. This is directly thanks to the efforts and relationships of our BGA partners. Even though you may not work directly with these accounts, they help all of us spread the word about the need and value of LTCi solutions.
New Jersey was the first state to have streamlined unisex rates for employer group plans. These rates are available for business owner, worksite and Executive Carve Out plans. We intend to release unisex rates in more states in 2018. We also anticipate the product approval in California and Hawaii later in the year and will soon be filing in New York. Along with new state releases, we are expanding the availability of partnership approvals during 2018.
Based on the high level of interest of 1035 exchanges as an LTCi funding source, we are working on ways to apply an individual’s funds, from a non qualified annuity or life insurance policy, when couples apply together.