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.
DI Product Updates Feb 10, 2017
2017 is off to an exciting start! New product offerings on the DI side as well significant underwriting changes have kept the disability marketplace competitive and also current. Both Standard and Ohio National are introducing new products. Principal also announced a series of underwriting changes to keep themselves at the top of the DI Industry. Disability insurance is in high demand and the industry, especially in the GSI (guaranteed standard issue products) marketplace, continues opening opportunity for brokers while providing solutions for your clients. Please review the following DI updates: READ MORE
GSI Feb 6, 2017
Moving into 2017, we want to continue to give you ideas to help you satisfy the needs of your clients. One of the major focuses of our office in 2017 is the continued push towards multi-life guaranteed issue disability, which is one of the most under-utilized features offered by the disability carriers. GSI amounts and offers will vary based on the factors of the individual groups, but here are the carriers and their minimum requirements for GSI offers:
2017 Tax Limits - LTC Marketplace Changes Jan 26, 2017
As we get started on our new sales year, please refer to the below 2017 Tax Deduction Limits for Traditional Long Term Care Insurance. Also to note in 2017, all individuals may now deduct qualified medical expenses that exceed 10 percent of adjusted gross income (AGI) for the year. READ MORE