April 2024 Industry News and Updates
Nationwide
Nationwide, CareMatters II in California. 4/1/24: We are implementing a price improvement across all scenarios for CareMatters II in the state of CA. In addition, to make CM accessible to more clients, we have lowered the minimum LTC benefit from $2,500 a month to $1,550 a month.
EquiTrust Premium Bonus Special Flyer (equitrust.com)
EquiTrust, Incentive Trip: The 2025 Producer Incentive Trip will take place February 4-9, 2025, in Turks & Caicos. The qualification period is underway, and you have the chance to be one of the top 40 producers to enjoy the wonderful trip.
Lincoln National
Lincoln National, Underwriting, 4/22/24: Lincoln is excited to expand delegate user capabilities to include data collection for life eTicket and MoneyGuard eApp submissions in the Lincoln eSubmission Portal on behalf of a financial professional. This expanded access allows a Financial Professional to permission a delegate to provide additional administrative support for a policy, so they can focus on other critical functions.
NewMoneyRates
One America, Interest Rates, 4/15/24: New business interest rates for some OneAmerica® Care Solutions products are changing effective Monday, April 15, 2024.
MoneyGuard Market Advantage® Dollar Cost Averaging (DCA) Rates
Lincoln National, Dollar Cost Averaging: Help ease clients into the market by using dollar cost averaging (DCA) for LTC expense planning. We are offering a 10% DCA rate special (5.5% program yield) for MoneyGuard Market Advantage®. This DCA rate special is available through June 30, 2024.