RATE ACTION NEWS
Next round of 2010 in-force rate action notifications to take place in late June
In late June, we will begin in-force rate action notifications on the next round of policies with an anniversary on or after September 1, 2013. John Hancock LTCI individual policies originally issued in District of Columbia and Missouri are impacted, as well as Fortis LTCI individual policies originally issued in Maryland and Missouri. We will also start the implementation on certain John Hancock products in Michigan, North Carolina, Ohio, Tennessee, Texas and Virginia. Read the full article for complete details.
PRODUCT NEWS
On Monday, May 20th, in the 36 Compact states, John Hancock launched its new sales platform, a state-of-the-art, web-based sales system for John Hancock LTC insurance. Read the full article to learn more about the unique benefits of the platform, registration for upcoming training webinars, and a link to the Quick-Start Guide.
Plus, check out our official launch press release.
PARTNERSHIP NEWS
Maine Partnership – inflation exchange offer mailings start today
Eligible policyholders in the state of Maine are being offered a one-time opportunity to change their inflation option in order to qualify for the Long-Term Care Partnership Program. You will be provided with advance notice/details of the offer, as well as a listing of policyholders who are scheduled to receive the offer.
TRAINING NEWS
Are you still compliant to sell and solicit LTC Insurance?
In 2013, you may no longer be able to solicit or sell LTC insurance if your required refresher training course has not been taken within your state’s required timeframes. To view your state’s training requirements, click here.