Lincoln MoneyGuard LTC: Still Accepting WA Applications!

Here are some guidelines when running MG in WA.  Also, see attached.

1. The minimum issue age in WA is 40.  (Max age for MoneyGuard® III is 80)
2. The initial premium needs to be at least $7,500 and the subsequent years can have a lower premium.   This rule only applies to folks under the age of 60
3. Submit all applications by September 3, 2021 to increase the likelihood of placement before November 1, 2021.
4. To help ensure policy placement before November 1, 2021, all placement-restrictive requirements, including all premium(s), must be received at Lincoln in-good-order by October 25, 2021.
5. No other states are impacted by these guidelines
6. I would also recommend folks in all States take advantage of e-Interview as an alternative to the traditional Phone PHI.   This will help reduce the turn-around-time of these applications.  (as of last Friday, almost 60% of applicants were electing on online PHI vs the traditional phone PHI)