| MASSACHUSETTS - TYPE OF LICENSE NEEDED TO WRITE POLICIES | ||
|---|---|---|
| Health | Life | |
| Stand Alone | X | |
| Linked Life LTC | X | X |
| Annuity | X | X |
| LTC TRAINING REQUIREMENTS | |
|---|---|
| Initial Long Term Care Training |
8 Hour Course |
| Refresher Training |
4 Hour Course |
| Training Reciprocity Between States |
Yes Please note that currently CA, CT, DC, DE, HI, IN, MS and NY are not reciprocal with Massachusetts Non-Resident Producers: If you've already taken an 8 hour NAIC course in another state, you will be required to take an additional 2 hour supplemental Massachusetts course and a 2 hour refresher is required every 24 months. UPDATE to Non-Resident 2 hour Training:
|
| Training/Lapse Guidelines |
Refresher must be taken within 24 months of the previous course. Lapse in training is allowed |
| Carrier Requirements |
Nationwide has new MA Product Training requirements (as of 6/16/22) that can be done through REGED or Kaplan. See instructions below: 1. REGED: Log in to your REGED account at secure.reged.com 2. Select "Industry Training Platform" 3. Scroll down to "Carrier Specific Product Training" and type in Product Code: MALTC Send a copy of the course completed to licensing @ licensing@ltcipartners.com to add to your record and send in with your contracting. If you have ANY problems accessing the course through REGED, please contact Nationwide at 800-848-6331. |
| Annuity |
To sell Annuity products, Annuity and Best Interest training is required as well as Product Training with both Global Atlantic and OneAmerica. Requirements and rules vary by state. Please reach out to licensing to get help with the requirements and product codes for the Product Training requirement at licensing@ltcipartners.com |
| How to Obtain Training |
A 15% Discount is offered to advisors that go through the LTCI/WEBCE portal at http://ltcipartners.webce.com |
| Where Can I Find My CE Training |
Clearcert: Clearcert State Based Systems (SBS): State Based System |
| Asset Protection |
Yes, with other DRA Partnership states - 2006 LTCI Model Act |
| State Partnership Status |
N/A |
REVISED: 11/4/24