Your new #1 LTCi Product
National Guardian Life (NGL) is A.M. Best A- Rated
Its most exciting features are:
- The only endless ("lifetime") benefit period in a stand-alone LTCi policy. Many people want to protect against a catastrophic loss. It costs 2x the price for 3-year BP.
- Great §1035 exchange opportunities: the only single premium available in a stand-alone LTCi policy plus return of premium upon death (net of claims or full) and CV grading up to 80% (with either type of ROP)
- Easiest way to show your client combo vs. stand-alone on the SAME chassis
- Easy to get to the app stage because a client who is wavering between combo and non-combo can apply, then toggle between the coverages during the delivery period.
- Attractive 3rd-pool Shared Care; lowest-cost 10-year-pay and 5% compounding; multi-life discounts; step-rated CBI; husbands can be added for free if younger than the wife, etc.
- People who are sure they will get care in a facility can reduce their cost by about 15%.
For the most common UW class, NGL's premiums range from 10% to 44% lower than competitors, partly because the premium stays the same after one spouse dies, age is determined by the nearest birthday rather than the previous birthday, renewal compensation is lower than for other insurers, there is no monthly determination, etc.
Ask us for quotes now! Starting Monday, it is available in AK, AL, AR, CO, IA, ID, IL, KS, LA, MD, MI, MN, MO, MS, NC, NE, NM, NV, OK, OH, PA*, RI, SC, TN, UT, WA*, WV, and WY. *PA & WA require prior appointment before soliciting.
For those of you seeking more information, click the links below for materials.
- Agent Guide: Includes 1-page product summary, NB processes, §1035 rules; getting appointed; multi-life rules, etc.
- Product Implementation Guide: Includes competitor matrix (selected info from our Broker World Survey); comparison to MoneyGuard; info about premium stability
- Sales Guide: Includes more detailed product and sales info including matching features to client types; NB process; available marketing collateral
- Underwriting Guide: Detailed UW info
- Sample app and sample base policy (we have the riders also if you want to see them)
- EssentialLTC Approved Overview: slides from a PowerPoint: best map regarding product availability; list of features; competitive comparison
Put these Target training opportunities (taught by Claude Thau) on your calendar. (To join the meeting, click the link below and call 712-432-0180, PW: 957803):
We'll put NGL into Target's LTCi Cost and Benefit Analyzer. Having an endless (lifetime) benefit period in states in which NGL is approved will make the Analyzer more effective. We also have a brand-new proprietary Range of Exposure tool close to completion.
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