Custom Care III featuring Benefit Builder available in California effective November 10, 2014
We are pleased to announce that John Hancock is re-entering the California market with the introduction of Custom Care III featuring Benefit Builder (non-Partnership product only). Benefit Builder is a first-of-its–kind feature providing an affordable alternative to more costly
traditional inflation options. It includes:
Automatic Crediting
that allows policyholders to gradually grow their benefits over time
Voluntary Buy-up Options
that allow for additional flexibility by providing the policyholder
with the opportunity every three years through age 75 to increase
benefits by 10%
Click here for details regarding this innovative product, as well as an overview of producer support material, application booklets and consumer
collateral.
Product and Pricing Changes in Montana and North Dakota effective November 10, 2014
Effective November 10, 2014, there are several changes for all new business, including new rates and some changes to features on our Custom Care III featuring Benefit Builder in Montana (unisex only) and North Dakota. Click herefor full details.
Paper applications for current rates and benefits in Montana and North Dakota must be signed on or prior to November 9, and received in the John Hancock home office by end-of-day
November 10. LTC Captivate business must be signed and submitted
through the system on or prior to November 9, 2014.
For your convenience, applications can be faxed into New Business at 800-932-4305 and you may also notify your
case manager.
LTC Captivate available in Connecticut, Hawaii, North Dakota, and California (Plan and Apply only in California) on November 10, 2014.
We are pleased to announce that LTC Captivate, John Hancock’s
new web-selling platform for LTC insurance, will be available for use
in Connecticut, Hawaii, North Dakota, and California on November 10th.
In California, access is to the Plan and Apply sections only.
As an online system that supports an entirely paperless sales
and application process, LTC Captivate is designed 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 their mutual
needs.
To learn how to get started with LTC Captivate, click here to view an informative
Brainshark presentation, or see below to sign up for a training
webinar in November.
Underwriting process
changes effective in New York
We have identified opportunities to streamline the current LTC
and underwriting information gathering process in New York. Click here for an article
detailing the new process. John Hancock has developed a consumer
brochure, Preparing for Your Paramedical Exam
(LTC-2172NY), to help your clients know what to expect so they can be
fully prepared for the paramedical exam. The brochure can be ordered
and downloaded from jhltc.com starting on November 10th.
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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