The Internal Revenue Service (“IRS”) has announced its annual
cost-of-living and inflation adjustments for 2014. 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 articlefor more information.
Updated 2014 edition of Connecticut Partnership’s “Before You Buy” publication will be available December 27th
The updated “Before You Buy” publication will be available to
download from www.jhltc.com on December 27th and will be updated in the
Connecticut Partnership application on the same date.
New personal worksheet for Florida applications and New York Partnership Consumer Participation Agreements (CPA) update
The personal worksheets for Florida applications are changing
as a result of new requirements from the Florida DOI to include rate
increase history sections. The updated application for Florida will be
available to order on January 6, 2014.
The New York CPAs are also being updated, and will be available to
order on January 6, 2014.
The 2014 minimum benefit levels are now available for California, Connecticut, Indiana and New York Partnerships. Read the article for
complete details.
*Please note: John Hancock discontinued sales of its California
Partnership Long-Term Care insurance product effective September 16,
2013.
MARKETING NEWS
Want to receive your
compensation up to five days sooner?
With direct deposit, you can receive your compensation quickly
and easily. To sign up for direct deposit, simply fill out the
following form (LTC-1082).
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.
