April 2024 Industry News and Updates

April 23rd, 2024

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.

 


 

Disclaimer: The opinions expressed within these blog posts are solely the author’s and do not reflect the opinions and beliefs of Certitrek, CLTC, or its affiliates.