We’re quickly heading into the final stretch of the year. To optimize your 2012 Long Term Care Insurance placed production, please keep in mind the following year-end cut offs for new business:
|
Genworth
|
John Hancock
|
|
| Date all underwriting requirements must be at carrier to ensure 2012 issuance |
12/14/2012
|
12/27/2012
|
| Date $ has to be received at carrier to post in 2012 |
12/20/2012
|
12/27/2012
|
| Date $ has to be posted by to be included in 2012 commissions |
12/20/2012
|
12/20/2012
|
| Date of last 2012 commission run |
12/21/2012
|
12/25/2012
|
| Dates closed for holidays |
12/24, 12/25, 01/01
|
12/24 @ noon, 12/25, 01/01
|
|
LifeSecure
|
Transamerica
|
|
| Date all underwriting requirements must be at carrier to ensure 2012 issuance |
No specific date, processed as rcvd.
|
12/18/2012
|
| Date $ has to be received at carrier to post in 2012 |
No specific date, processed as rcvd.
|
12/20/2012
|
| Date $ has to be posted by to be included in 2012 commissions |
12/28/2012
|
12/20/2012
|
| Date of last 2012 commission run |
12/31/2012
|
1/8/2012
|
| Dates closed for holidays |
Dec 24th, 25, & 26th
|
12/24 @ 2pm, 12/25, 01/01
|
What does “in good order” business look like?
- The application must be complete. All questions are answered, all signatures, dates and requested information are provided.
- All regulatory forms are received and accurately completed.
- All medical requirements are received, including initial and additional requirements.
Please send your applications in as soon as possible to ensure prompt action, allowing adequate time for all medical and compliance requirements to be received for processing.
We appreciate the confidence you have placed in Newman Long Term Care to meet your LTCI needs in 2012, and we look forward to an even more prosperous 2013.
Let us know what we can do to help you beat these deadlines.