Exciting Changes for Banner’s OpTerm
New term pricing and product policy form effective September 2, 2021. Get the details
New term pricing and product policy form effective September 2, 2021. Get the details
We recently shared an article about how Washington State became the first state to implement a state tax for long-term care coverage. Since the announcement, long-term care applications have skyrocketed. As a result, LTC carriers are experiencing major delays in case processing. Mutual of Omaha put out the below update in June to this effect. […]
Banner’s Quiet Underwriting hours went into effect on Monday to get case decisions to you faster Effective July 19, Banner UNDERWRITERS will not be available for phone calls, nor be accessible via email between the hours of 8 a.m. – 12 p.m. ET on Mondays, Wednesdays and Fridays. View the bulletin
Effective July 9, 2021 Pacific Life is coming in even stronger with new PL Promise Term rates. Solid competitive strengths: Substandard pricing (+20% per table versus the traditional +25%) Monthly Premium mode (monthly premiums) Accelerated and fluidless underwriting options eCapabilities and digital solutions resulting in shorter cycle times and higher placement rates View Full Bulletin
Washington becomes the first state to implement a state tax starting next January to cover long-term care costs for citizens. Read the article
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