September 10, 2019 | Long-Term Care Newsletter
LTCi Bonus Program
Effective September 3, 2019 , LifeSecure is implementing an incentive program for Long Term Care insurance applications submitted online and issued between 9/3/2019 - 1/31/20 . Click the link below to find out more about the bonus program.

CLICK HERE for more info on the bonus program
  • 10th Policy ➥ Earn $50
  • 15th Policy ➥ Earn $100
  • 20th Policy ➥ Earn $150
  • 25th Policy ➥ Earn $200
  • Total of 25 Policies ➥ Earn $500
E-App Enhancements
Effective August 29, 2019 , NGL will be making enhancements to the EssentialLTC E-App . Among these modifications include the ability to access PDF copies of submitted E-Apps in the Agent Resource Center. As well as adding additional clarity on where to enter the Primary Care Physician's name and phone number. Click the link below to view the complete list of enhancements.

CLICK HERE for more info on EssentialLTC's E-App
LTC Post-Issue Requirements
Amendment Scenarios


Amendments must be returned to Mutual of Omaha within sixty days of the client's policy issuance date. Any changes made within that time will also require a returned amendment.

CLICK HERE for more info on Amendments
Outstanding Premium


Outstanding premium is due sixty days from the client's date of issuance. If a benefit change is made post-issue, the original premium is still due by day sixty from issue. When mailing in checks, it is important to ensure that all fields are complete and correct.

CLICK HERE for more info on Outstanding Premium
E-App Quick Start Guide and FAQs
The Long-term care E-App Quick Start Guide and FAQs have been recently updated with more beneficial and essential information. Click the link below to download the E-App materials.

CLICK HERE to download the materials
Reminders

CLICK HERE  for more info about Transamerica's new 3% compound BIO option for their TransCare II product.

Visit TALTC.com to download/order updated Transcare II applications and disclosure packages, which must be used going forward as a result of the 3% compound BIO update.

CLICK HERE for more info about Transcare II becoming Transamerica's exclusive product offering in CA, FL, DE, and HI.
Producer Incentives

CLICK HERE   for info about Transamerica's 2020 Agent Convention
"Mass anxiety over retirement savings shortage"

Long-Term Care insurance is designed to protect retirement income so that the financial plan one has worked towards during their lifetime can unfold as designed. A recent survey showed that 40% of non-retired Americans say that “how much income they’ll have in retirement” is the most important question they face about retirement. Already anxious about their retirement, have your clients considered the physical, emotional, and financial consequences a long-term care event can have on their plan?


CLICK HERE to read the full article
Premium Rate Action
Effective January 1, 2020 , John Hancock will implement rate action on in-force business in New Hampshire , West Virginia , and Wisconsin . A policyholder notification package will be issued on August, 26, 2019 with a listing of all impacted policyholders. Click the link below for more information.

Effective January 1, 2020 , Fortis will implement rate action on in-force business in New Mexico , South Dakota , and Wyoming . A policyholder notification package will be issued on August, 26, 2019 with a listing of all impacted policyholders. Click the link below for more information.

CLICK HERE for more information on both John Hancock and Fortis implemented rate action
Premium Rate Action

Effective September 3, 2019 , Genworth implemented rate action on in-force business in Washington. Click the link below for more information.

CLICK HERE for more info on rate action in Washington for the Pre-PCS , PCS I , and PCS II series




Advanced Resources Marketing
Pioneering Long-Term Care Insurance Strategies
313 Washington Street, Suite 225 Newton, MA 02458
800-269-2622 | [email protected] | www.armltc.com