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January 1, 2014

  • Prudential:
  • Legal & General:
    • Implementation of NY Regulation 113
      New York has adopted an amendment to New York Regulation 113; including a requirement that insurance company procedures for handling a policy owner’s request to change tobacco classification be included in the policy. Pursuant to the regulation, all new William Penn NY policies issued on or after December 20, 2013 will provide that the policy owner may request a tobacco usage reclassification pursuant to appropriate evidence of insurability completed at the policy owner’s own expense.
  • AIG/American General:
  • John Hancock:
    • Eligible Long-Term Care insurance premium deductions for 2014reminder
      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 premium deductions.
    • 2014 edition of CT Partnership “Before You Buy” publicationavailable 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 FL applications
      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.
    • NY Partnership Consumer Participation Agreements (CPA) update
      The New York CPAs are also being updated, and will be available to order on January 6, 2014.
    • 2014 minimum benefits for Partnership in CA, CT, IN & NY
      The 2014 minimum benefit levels are now available for California, Connecticut, Indiana and New York Partnerships. Please note: John Hancock discontinued sales of its California Partnership Long-Term Care insurance product effective September 16, 2013.
    • Want to receive your compensation up to five days sooner?reminder
      With direct deposit, you can receive your compensation quickly and easily. To sign up for direct deposit, simply fill out form LTC-1082.
  • American General:
    • It’s Game Day (10/1/2013 – 2/2/2014)
      Submit Select-a-Term paid applications to win BIG prizes. Agents can win gift cards PLUS drawings for Sony 55-inch flat screen TVs. BGA’s win a staff recognition event.
  • Minnesota Life:
    • Earn an extra $700NEW! (1/1/2014 – 3/31/2014)
      Beginning January 1, 2014, through March 31, 2014, you have the opportunity to receive up to $700 in Visa gift cards for the business you place with Minnesota Life.