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.
Summertime Sales Jul 26, 2018
July sure has been hot...very hot. Our latest blast will keep your sales hot as well during these sweltering days of summer as we move through August. First up is an important change from the folks over at Principal:
Principal has increased issue and participation in the Physician Marketplace.
Effective immediately for 5AM, 4AM, and 3AM doctors:
READ MORE
Blast - GSI Opportunities Jul 19, 2018
As we head into the second half of 2018, we want to once again provide you with information on the Guaranteed Standard Issue (GSI) disability marketplace. We here at NJLTC continue to find success with employer groups across all industries. Carriers such as UNUM and Principal will write GSI at as few as 3 Employer paid lives, and underlying LTD is not always a requirement. We encourage you to take a look at your existing group clients to see where such a plan might be a good fit - either with employer groups with no LTD, or groups where the higher wage earners are negatively impacted by the group maximum on the LTD plan. READ MORE
July News & Update Jul 3, 2018
Wow..halfway through the year
already, boy did that go fast. In this issue we cover the Life/LTC
product debate.
First, a little announcement:
NJLTC will be closed for business Wednesday July 4, 2018 for Independence
day. We will resume normal hours on July 5th, and 6th.
Next an entertaining piece an insured actually sent me after buying an
LTC policy for his wife. It made me chuckle a bit and I hope you enjoy it
also...
Read it here
Now, to the meat of the matter, the two articles attached:
shed some light on the Hybrid Product vs. Traditional LTC discussion.
As The LTC and Life Insurance industry tackle the large and looming LTC crisis coming in our country, the hybrid life products have been designed to address the biggest objections to buying LTC:
Simply put, I think it is important to look at both options, the hybrid and the traditional LTC products. Personal financial situation and preference will direct you to one product or the other. Unfortunately, there are no simple answers when looking at the financial burden LTC could present in your future. It is important to plan for this possible eventuality no matter which product you choose.
Additional information for your review
READ MORE
