All good things come in threes
At least that’s our philosophy. And we think you’ll agree when you see what SecureCare III has to offer you and your clients.
It has everything you love about its predecessor – a cash indemnity benefit for long-term care (LTC) clients can use however they want — plus more flexibility.
The three new features we think you’ll be most excited about:
- Simplified product design
- Three return of premium options, including LTC Boost
- Enhanced flexibility to customize the policy for each client’s needs
Key dates
- Monday, March 14, 2022: Illustration software now includes SecureCare III.
- Friday, March 25, 2022: Applications for SecureCare Universal Life must be signed, in good order and received by Securian Financial’s home office or submitted via eApp by 3 p.m. CST.
- Saturday, March 26, 2022: SecureCare III will be available on eApp in all states except AZ, CA, CT, DC, DE, IN, MT, ND, NY and SD. Collect all required eSignatures for SecureCare Universal Life and submit your eApp to Securian Financial before 3 p.m. CST March 25 to avoid impact.
- Monday, March 28, 2022: SecureCare III will be available in all states except AZ, CA, CT, DC, DE, IN, MT, ND, NY and SD. To accommodate SecureCare III’s product changes, we will offer a new application.
Transition rules
- Applications for SecureCare Universal Life in all states except AZ, CA, CT, DC, DE, IN, MT, ND, NY and SD must be signed, in good order and received by Securian Financial’s home office or submitted via eApp by 3 p.m. CST March 25. If a new application is needed due to a licensing issue or because the application is not in good order, the client will no longer be able to apply for SecureCare Universal Life and will need to apply for SecureCare III. Remember that:
- In pre-appointment states, agents need to be pre-appointed before they take the application. See a list of pre-appointment states (on page 3).
- Agents must complete any state-required LTC training before they take the application. Review LTC licensing and training requirements in each state.
- If a client has already submitted an application for SecureCare Universal Life and started the underwriting process, but wants to switch to SecureCare III, the new application is required. This must be sent to us, along with a cover letter explaining the desired change. Any completed underwriting requirements will be applied to the new application.
- SecureCare Universal Life policies that have already been issued, paid and in-force cannot be exchanged for SecureCare III, unless the policy is in its free-look period.