Long-term care sales update in WA.
Guidelines for submitting new long-term care business.
Nationwide previously communicated that the best chance of having a Nationwide life policy with long-term care coverage issued in Washington prior to November 1, 2021 was to submit the application to Nationwide prior to September 1, 2021.
However, due to an unprecedented volume of applications for policies with long-term care coverage, Nationwide now informs you that applications from Washington state received after August 6, 2021 will likely not be issued prior to November 1, 2021.
This applies to all policies in Washington with any LTC coverage:
- Individual life with the Long-Term Care Rider
- Survivorship life with the Long-Term Care Rider
- Nationwide CareMatters®II
Your business is extremely important to Nationwide and they do not take this step lightly. However, they feel it is best for those whose applications have already been submitted. At this time, Nationwide cannot guarantee the issue date for any applications in Washington.
Nationwide will still accept applications after August 6, 2021; however, they will likely not be issued until after November 1, 2021.
Download Nationwide's Industry News Update on the WA Cares Fund to learn more.
Life Insurance Solutions Center 800-321-6064
Brokerage General Agents Solutions Center 888-767-7373
Nationwide Financial Network® Solutions Center 877-223-0795
Producer Group Solutions Center 844-867-8159
World Financial Group Solutions Center 855-455-4139