To continue our communications that began in November 2013, we
are announcing our first round of policyholder notifications on John
Hancock policies impacted by the
2013 in-force rate action. In addition, we will begin
our next round of policyholder notifications on John Hancock and
Fortis policies impacted by the
2010 in-force rate action. Policyholder notifications
will take place in late June, and rate increases will have an
effective date beginning with anniversaries on or after September 1,
2014.
Please click here for complete details, included affected states and policy series, as well as tools and resources you can use for discussions with your clients.
Please note: Effective May 31, 2014, the phone number to call with any
rate action questions or inquiries is changing to
888-654-6582.
MARKETING NEWS
New flyer provides tips for discussing the rate action with your clients
Be sure to check out our newest rate action flyer, “Having a
conversation with your clients” which provides additional discussion
points to help address any questions your clients may have around the
value of maintaining their policy. Click here to access the
flyer.
PARTNERSHIP NEWS
4-Hour Refresher Training Available via Webinar
Our CE Vendor, LTC Connection now offers 4-Hour Refresher
Training via webinar in select states. You will receive a Certificate
of Completion that meets your state’s DRA/NAIC LTC Partnership
training requirements (CE is only available in select states). Unlike
online training you do not have to take an exam.
Click here to see if you are eligible to take a webinar. If not, we offer the 4-hour training online.
Colorado 5-Hour
Ongoing Mandatory Training Available via Webinar
Colorado requires that the 5-hour ongoing training be taken in
a classroom venue. Our CE vendor, LTC Connection, has received
approval from the Colorado Department of Insurance to now offer this
classroom training via webinar. No more waiting for a class in your
area or traveling to meet this requirement. Webinars are offered on a
weekly basis. There is no exam to take.
Massachusetts 8-Hour
NAIC LTC Training Due by July 1, 2014
All producers must take an eight-hour NAIC Partnership course
effective July 1, 2014 in order to continue soliciting and selling LTC
Insurance. If you have taken an eight-hour NAIC Partnership Course
from another state, you can take a two-hour Massachusetts supplement
course. To view the required eight-hour and two-hour courses go to www.jhpartnership.com.
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.
You 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.
