Category: Featured News

BT_3.12.19

11

Mar2019
Effective as of Monday, March 11, 2019, Genworth has temporarily suspended sales of individual long term care insurance and the Income Assurance annuity through the BGA channel in all states. They will continue to sell these products through other channels. Effective as of Monday, March ... Read More
March 11, 2019Broadtower Insurance
BT_issue-ages

05

Mar2019
A note from the desk of Steve Pike, National Sales Director, with Mutual of Omaha. Effective March 1, 2019 the maximum issue age for Long-Term Care products in the state of New York is age 75. Any application receive on or after March 1, 2019, with the ... Read More
BT_dangling

05

Mar2019

Dangling Participles

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"Suggesting that Americans are unprepared for inevitable future emotional and financial turmoil falls into the cosmic understatement category. Only one in five have a will or any last directives. Just a little over half own any form of life insurance. We are lousy at saving, having an average ... Read More
BT_hello_life-secure

26

Feb2019

Hello From Your SecureCare Team!

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A note from the desk of James Romero, CLTC, Regional Sales Director - Linked Benefits with Securian. I wanted to reach out and introduce myself as your dedicated external sales contact at Securian Financial representing the SecureCare Hybrid LTC plan. Partnering with me for ... Read More
February 26, 2019Broadtower Insurance
BT_last-word

05

Feb2019

The Last Word On LTCI

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"Like Willy Wonka’s chocolate factory, we now live in a world of “combo” confections coming in all combinations of flavors, sizes and colors. Confusion, misunderstandings and frankly a potential abundance of experience disappointments, stand before us like a solid and forbidding rock candy mountain. Some ... Read More
February 5, 2019Broadtower Insurance
BT_Brents-Bits

29

Jan2019
From the desk of Brent DeGroot, Brokerage Health Sales Director for Mutual of Omaha. Good Day, Thank you for your business in 2018; and for making it another successful year here at Mutual of Omaha! 2019 has already started ... Read More
January 29, 2019Broadtower Insurance
BT_EssentialLTC_Updates

22

Jan2019
NGL's LTCi program for the worksite will continue to focus on small to mid-sized businesses, offering low minimum participation requirements of 2 to 5 issued employees, varying by state. Employer and Association Groups will no longer be available in Maine. View the detailed announcement for additional information. Detailed Announcement Product ... Read More
January 22, 2019Broadtower Insurance

26

Jul2017
NAIC Endorses Concepts Pioneered by GWG Life’s LifeCare Xchange Creating Private Market Options for Financing Long‐Term Care MINNEAPOLIS, JULY 25, 2017 ‐‐ GWG Holdings, Inc. (Nasdaq:GWGH), the parent company of GWG Life, a financial services company committed to transforming the life insurance industry through disruptive and innovative products and services, announced ... Read More
wpid-Controlled-Executive-Bonus.jpg

13

Jun2016
A Controlled Executive Bonus Plan, also known as a Restrictive Executive Bonus, or Section 162 plan, is an agreement between an employer and its key employee(s) to provide a death benefit, supplemental income, and now includes long-term care benefits. The employee applies for and owns the life insurance policy, with the ... Read More
wpid-incomeassurance-SPIA.jpg

08

Jun2016
Exaggerated, superfluous hyperbole is not sufficient to quantify this opportunity! Broadtower Insurance Solutions, America’s largest LTCI IMO, has been granted the privilege of introducing America’s first "Underwritten” SPIA designed exclusively for leveraging exposure to America’s largest unprotected risk – the need for Long Term Care. For too long, we have told far too many ... Read More