The Internal Revenue Service (“IRS”) has announced its annual
cost-of-living and inflation adjustments for 2015. Tax laws
require the IRS to adjust the dollar amounts of dozens of
tax provisions each year to account for inflation, including
adjustments for eligible long-term care insurance (“LTCI”)
premium deductions. Read the full article for more information.
LTC Awareness Month is now behind us, but it’s always important
to think about long-term care insurance. We have adapted our
Awareness fliers so that they can be used year-round. You
can find these pieces (LTC-5702 A, B, C, D) on JHLTC.com,
using the path Marketing Materials > Education & Awareness.
NEW BUSINESS NEWS
New Process for Bank Draft Authorization
John Hancock has established a new notification step to help
set your client’s expectations regarding the timing of a
bank draft deduction. We are adding a reminder to the new
business set up to ensure the producer authorizes bank draft
cases. This allows you an opportunity to notify your clients
of approval – so that they are aware when the first premium
will be deducted from their account. You simply need to
notify your case manager when the time is appropriate to
deduct. There is no paperwork required.
If you have any questions, please contact your case manager or speak to a New Business representative at 800-377-7311. Please note: the bank draft authorization may be provided to your case
manager at any point during the new business process.
John Hancock Insurance has partnered with a national CE vendor to provide you with 24/7 on line access to insurance certification, designation, and continuing education courses at a discounted rate. The Continuing Education Portal is
mobile-friendly, available in all 50 states, and includes such convenient features as instant grading, next day state reporting and processing, unlimited exam retakes and, live Customer Support. Click here for complete details.
Updated applications and product marketing materials ,
reflecting the 2015 minimum benefit levels for Connecticut,
Indiana and New York Partnerships are now available for
order. Read the article for complete details.
*Please note: John Hancock discontinued sales of its California
PPartnership Long-Term Care insurance product effective September 16, 2013.
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.
YYou may not modify, remove, or otherwise alter information
contained in, or linked from this newsletter, nor include
any new material items, or statements without the express
written approval of John Hancock.
