The 2013 in-force rate action includes John Hancock LTCI
individual policies originally issued in Maine, Montana, Oklahoma, and Washington state.
Please note: Maine requires that policyholders affected by this increase must be notified 90 days prior to the effective date, resulting in effective dates beginning no earlier than April 1, 2015.
Fortis policies or policies impacted by the 2010 in-force rate
action are not included in this round. However, we will continue to
notify those impacted policies and policyholders from previously
announced rounds, as applicable.
Please note: The phone number to call with any rate action
questions or inquiries has changed to 888-654-6582.
MARKETING NEWS
Enroll now in November’s LTC Captivate training webinars
As an online system that supports an entirely paperless sales &
application process, LTC Captivate helps to eliminate the geographic
and logistical hurdles that often exist in today’s busy world. As a
result, it enables producers and their clients to conduct business in
settings and time frames that better suit both of their needs.
LTC Awareness Month is here. John Hancock’s campaign, LTC
Matters, will provide you with talking points that can help you get
the conversation started with prospective clients. The campaign covers
the need, cost, common myths and facts, and why LTC insurance remains
a practical approach to a potential financial risk. Watch your inbox
for a new flier every week.
Minimum benefit levels for Partnership products have been announced. Effective January 1, 2015, all Partnership policies in Connecticut, Indiana, and New York must meet or exceed the state-mandated minimums.
Please note: the state-mandated minimum for New York is $142, and not $147, as previously reported. Click here for complete details.
John Hancock will provide you with minimums in California as
soon as they become available. We will also update you as soon as we
are able to offer applications and product brochures that reflect the
2015 minimums.
For financial professional use only. Not for use with the
public. Long-term care insurance is underwritten by John Hancock
Life Insurance Company (U.S.A.), Boston, MA 02117 (not licensed
in New York) and in New York by John Hancock Life & Health
Insurance Company, Boston, MA 02117.
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