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The Insurer. CNA pioneered the concept of long term care insurance in 1965 with the first nursing home policy, and has continued as a leader in the industry since then. Headquartered in Chicago, it is among the largest insurance organizations in the United States, with a 100+ year legacy built on financial strength, market stability, and commitment to its business partners and customers. As of 12/31/2006, CNA had 12-month revenues of $10 billion and assets of $60.3 billion. The CNA company that underwrites group long term care insurance is Continental Casualty Company.
The Administrator. GLTC Insurance Administrators, Inc., of San Diego CA has been marketing and administering group long term care insurance since 1981, with experience in individual long term care plans dating back to 1973. Since 1997 GLTC has been the exclusive national Plan Administrator for the CNA Future Guard Group Long Term Care Plan, and group long term care insurance is our only business.
As the insurer, CNA handles underwriting approvals and pays claims. GLTC does the rest, including:
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Development and implementation of customized marketing programs |
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Management of mail and e-mail solicitations |
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Employee enrollment meetings |
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Staffing of toll-free lines and e-mail for assistance to insureds and prospective insureds |
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Policy issue |
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Premium billing |
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Maintenance of Policyholder Records |
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