Blasts & News
There are many changes taking place in the Long Term Care and Disability Insurance industries these days. The information comes from many different sources, and it can be quite confusing at times to put all the pieces together and make sense of it all. At NJLTC we send out several email newsletters , "Blasts" as we call them, a month. We keep our clients, brokers, and producers informed of all the relevant news, topics, and product updates that take place in our industry. Feel free to browse our archive of Blasts and News articles.
Wrapping Up July Jul 27, 2020
What a long strange trip it has been. A little nod to Jerry Garcia as we forge our way through a COVID-19, incredibly hot July of 2020. At NJLTC we will continue to update you with the latest changes with both product and COVID-19 related news. The first item in this week’s blast is a fantastic article I think you can use on every sales call.
“Choosing the Best Long Term Care Coverage”
Next item is COVID/Post-COVID related. Principal announced today that the $10,000 per month no medical limit will remain going forward indefinitely. This is big news…no medicals (blood and urine as well) required for any individual applying for $10,000 per month of DI benefits. (see attached)
Several other articles:
July Marketplace News Jul 23, 2020
It’s July, in what will certainly go down as the craziest year in our lifetimes. As we all come to grips with living life with COVID-19 and trying to live together in peach and harmony, the insurance world continues to trudge along. In this blast we will start out with a quote from the great UCLA men’s basketball coach:
“Don’t let what you cannot do interfere with what you can do.”
As we all try to figure out the world in June of 2020, these words are inspiring. Please find the latest updates from the LTC and Disability marketplace:
Age Restrictions Removed Jul 2, 2020
Mutual of Omaha removes restrictions on 65 and up insured's in both NY and NJ...NJLTC is now ready to process those applications.
Effective July 6, 2020 age restrictions are removed for applicants 65 and over for the following states: