Nationwide – Washington LTC Update

 

From Nationwide

We 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, we now inform 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 us and we do not take this step lightly. However, we feel it is best for those whose applications have already been submitted. At this time, we cannot guarantee the issue date for any applications in Washington.

We will still accept applications after August 6, 2021; however, they will likely not be issued until after November 1, 2021.

Download the Nationwide Industry News Update on the WA Cares Fund to learn more about the WA Cares Fund.

 

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