Long Term Care insurance product, EssentialLTC, approved in Hawaii
NGL’s Long Term Care insurance product now available in 47 states
National Guardian Life Insurance Company (NGL) announces approval of its Long Term Care insurance product, EssentialLTC, in Hawaii effective as of February 15, 2019. EssentialLTC is now available in 47 states and the District of Columbia.
“We’re excited that Hawaiians can say Aloha (hello) to affordable and comprehensive Long Term Care insurance protection,” said Marc Glickman, Chief Sales Officer at LifeCare Assurance, administrator for NGL’s EssentialLTC.
EssentialLTC offers a wide range of both affordable benefits and asset protection through flexible options, including joint policy pricing, lifetime benefits, shorter premium payment durations, return of premium options, and the acceptance of 1035 exchanges.
“NGL plans to pursue approvals for EssentialLTC in California, Montana and New York. We hope that EssentialLTC can be made available in all states over the next few years,” said Dennis Vann, NGL Specialty Insurance Markets National Sales Vice President.
About LifeCare Assurance Company
LifeCare has developed, launched and administered long term care insurance products for three decades. LifeCare has not only pioneered several product design features that are now widely used in the industry but has also successfully launched over 30 products for over a dozen companies. Additional information about LifeCare can be found at www.lifecareassurance.com.
Since 1910, National Guardian Life Insurance Company (NGL), a mutual insurance company, has been located in Madison, Wisconsin. Licensed to do business in 49 states and the District of Columbia, NGL markets preneed and individual life and annuities, as well as group markets products including specialty and student insurance. Information about NGL can be found at www.nglic.com; Facebook: Facebook.com/NGLIC and LinkedIn: https://www.linkedin.com/company/national-guardian-life-insurance-company
National Guardian Life Insurance Company is not affiliated with The Guardian Life Insurance Company of America a/k/a The Guardian or Guardian Life.