We are pleased to announce Custom Care III featuring Benefit Builder, a new product that will be available in 36 Interstate Compact states starting August 13, 2012. The current Custom Care III product will be replaced by Custom Care III featuring Benefit Builder in approved states (see below) at time of the launch on August 13, 2012.
The low price point of Benefit Builder will give you access to a whole new market of potential buyers, particularly those who are highly price sensitive. What’s truly unique about Benefit Builder is that along with the low price point, it gives clients the potential to grow their benefits gradually over time through an automatic crediting process.
In addition to these changes, the new product will see pricing increases of about 9% for the CPI inflation options and 15% for the 5% compound inflation rider.
Beginning August 13th, Custom Care III featuring Benefit Builder will be available in the following states: AL, AK, CO, GA, ID, IL, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, NE, NH, NM, NC, OH, OK, OR, PA, RI, SC, TN, TX, UT, VT, VA, WA, WV, WI and WY.
Application deadlines:
To get the current product at the current pricing, apps must be signed no later than 8/12/12 and into NewmanLTC by 8/17/12 to be into the Home Office by 8/20/12.