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.
Securian Updates Oct 2, 2020
JUST A REMINDER ALL SECURIAN HYBRID APPLICATIONS MUST BE IN THE NJLTC HOME OFFICE BY OCTOBER 8, 2020 TO AVOID THE RATE INCREASE OF 13% EFFECTIVE 10/12/20….PLEASE SEE THE ANNOUNCEMENT BELOW……ANY QUESTIONS PLEASE CALL US AT 732-335-5890. READ MORE
State Life Annuities Sep 30, 2020
One of the often-overlooked solutions for Long Term Care is using an annuity to address the LTC need.
These are positioned similarly to asset based LTC hybrids – just like how those hybrids are not meant to provide a meaningful life insurance return, the main goal of the annuity is to cover the cost of care, not provide income. These annuity options are not quite as robust as their Life hybrid counterparts, but still are a great solution and offer a meaningful ROI for the right client. Here are a few scenarios in which a LTC Annuity would be a great solution:
National Guardian Life Sep 30, 2020
NGL is a company that has been around for over 100 years with significant assets and an “excellent’ rating from A. M. Best. Attached find a consumer brochure, as well as rate comparison to Mutual of Omaha with rates effective 9/1/2020. Below are some key points to remember when marketing National Guardian -