LifeSecure’s long term care insurance policy is fully approved as Partnership-qualified in thirty-four states:
Alabama, Arkansas, Arizona, Colorado, Delaware, Florida (for LTC I), Georgia, Idaho, Iowa, Kansas, Kentucky, Louisiana, Minnesota, Missouri, Montana, Nebraska, Nevada, New Jersey, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Virginia, Washington, West Virginia, Wisconsin and Wyoming.
For all states listed above (except Idaho) – the qualifying LifeSecure plan designs are as follows:
| Age At Time of Purchase: | 75 and under |
| Qualified Plan Designs: | A plan that includes LifeSecure’s 3% or 5% Compound Inflation Protection Option |
| Age At Time of Purchase: | 76 and over |
| Qualified Plan Designs: | Any LifeSecure plan design (does not require a Compound Inflation Protection Option) |
WHAT DOES IT MEAN FOR LIFESECURE AGENTS?
LifeSecure agents selling in the states listed above can immediately sell LifeSecure Partnership-qualified LTC plans.
In Alabama, Arizona, Arkansas, Delaware, Georgia, Iowa, Kentucky, Louisiana, Missouri, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Virginia, Washington, Wisconsin and Wyoming, the Agent is required to provide partnership-related documents at the time of solicitation. All required documents are included in LifeSecure’s Application and/or Regulatory Form packets, as applicable, for these states.
In each state, LifeSecure will automatically issue a state-specific Partnership Disclosure Notice with the policyholder’s Policy Welcome Kit.
Lastly, please pay attention to Long Term Care training requirements per state. Agents must meet their Long Term Care training requirements prior to taking LTC applications. Regulations prohibit a carrier from accepting an application that qualifies for partnership from an agent who does not have proof of required partnership training.
All proof of Long Term Care training should be emailed to AgentSupport@yourlifesecure.com or faxed to 810.220.4693. If you have questions, feel free to contact Agent Support at (866) 582.7701.