Equitable Suspends LTC Rider Sales in Washington State
From Equitable:
Washington state: Temporary cessation of applications for life products with LTCS Rider
Effective August 13, 2021, Equitable will no longer accept new applications for life insurance with the LTCSR in Washington. Due to the high volume of submissions for Equitable life products with the LTCSR in Washington, we expect longer processing times. This deadline is to assure that new or pending submission will be issued in time to meet the Washington state deadline.
Transition Rules
Applications must be received by August 13, 2021, in good order, for Life products with LTCSR in Washington.
Applications received after August 13, 2021 with the LTCSR selected in Washington will be returned.
Submissions must be paid by October 28, 2021 to be placed inforce by the WA deadline.
Equitable will resume accepting applications for Life products with LTC in Washington in November.