John Carter is the President and Chief Operating Officer of Nationwide Financial located in Columbus, Ohio. John assumed his role as President and Chief Operating Officer of Nationwide Financial in 2019. He oversees the company’s retirement plans, life insurance (individual, business, and corporate-owned) and focuses on providing innovative products and solutions that help individuals and businesses’ retirements and financial futures. John advocates for retirement security of America and is a key voice in discussing regulatory and industry conversations impacting retirement planning. To learn more about Nationwide Financial, visit Nationwide.com. Tune in today as John sits down with cbuzz...
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The U.S. District Court for the Southern District of Ohio, Eastern Division, has issued an order in a consolidated Employee Retirement Income Security Act lawsuit filed against Nationwide Mutual Insurance Co., allowing the lawsuit to proceed to discovery and trial. Technically, the order grants in part the plaintiffs’ motion to exclude certain evidence from the court’s consideration while also dismissing the defendants’ dismissal motion. The complaint underlying the litigation suggests that Nationwide and the investment committee for its 401(k) plan failed to prudently manage the plan and used it as an opportunity to promote their business interests, allegedly at the expense of the plan and...
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New York Life Launches Wealth Plus New York Life has announced the launch of Wealth Plus, which comprises two new life insurance solutions. The Wealth Plus series seeks to provide death-benefit protection and early, tax-advantaged cash value accumulation potential, enabling clients to maximize the benefits of life insurance as part of their financial strategy. The solutions can work alongside traditional retirement savings options by combining the protection of a death benefit with tax-efficient accumulation potential, future tax-free supplemental retirement income and an expedited application process. The two solutions, Secure Wealth Plus and Market Wealth Plus, are designed to help give...
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Nationwide Financial has become one of the leading companies offering long-term care solutions. They provide a full, cash benefit, hybrid policy combining life insurance and long-term care. There are variations between the policy language and benefits between the many companies that offer Long-Term Care Insurance; however, the primary features and benefit choices are comparable from company to company. Premiums and underwriting criteria vary dramatically between insurance companies. When comparing long-term care insurance, you should recognize the differences between Nationwide and other companies. True 'Hybrid' Policy Meeting Federal Guideline The Nationwide 'Care Matters' policy is a "...
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MILL VALLEY, Calif.--( BUSINESS WIRE )-- NewRetirement, an innovator in hybrid financial planning, today announced that Nationwide has deployed the Company’s financial projection engine to power its My Interactive Retirement Planner℠. Leveraged by over 2 million active participants as of August 23, 2022, the solution helps deliver enhanced retirement readiness to more effectively view both accumulation and decumulation planning to help provide a clearer path to and through retirement. Most retirement savers understand the value of investing in a defined contribution plan to accumulate savings for when they’re ready to retire. However, it can be tougher to visualize how their savings will...
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Nationwide Renters Insurance Review (2022) Nationwide Renters Insurance Coverage A Nationwide renters insurance policy protects you from the following events: Nationwide renters insurance policies will not cover the following: With Nationwide, you get coverage in seven areas of renters insurance: This protects the items that you own inside of your rental. Nationwide allows you to choose between replacement cash value (RCV) and the actual cash value (ACV). RCV is more expensive than ACV, but it covers replacement costs as if your damaged belongings were new. ACV only covers the cost of the items as they are now, which means you’re given less money because of depreciation. Nationwide has an...
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RDX Life Insurance Agent (Senior Specialist) This position is 100% commission-based pay with endless opportunities to earn a salary and residual income. Join the greatest team. Help the greatest generation. RDX Life specializes in a niche market within the life insurance industry. We have a focused effort in helping families with their final expenses and who are seeking additional or new life insurance to cover the final costs, etc. We offer final expense insurance programs to seniors who are proactively making arrangements for their estate. Final expense insurance covers the costly, stressful financial decisions that our families would otherwise be forced to face. Rather than placing this...
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COLUMBUS, Ohio (July 8, 2020) — Beam Dental, one of the country’s fastest-growing ancillary benefits providers, today announced it will begin offering group term life and accidental death and dismemberment (AD&D) benefits through Nationwide®. By partnering with Nationwide, Beam is taking the next step toward building a comprehensive ancillary benefits selection for employers across the country. Beam groups and brokers in eligible states can start quoting group life and AD&D policies effective July 1. “Beam strives to be the premier provider of ancillary benefits, and our partnership with Nationwide to add group life coverage brings us closer to that goal,” said Alex Frommeyer, co-...
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Nationwide life insurance rates Like most insurers, Nationwide doesn’t disclose its rates online. But the insurer reserves its Preferred rates for people who meet this criteria: Tobacco use. The insurer is more progressive than others, considering you a nonsmoker only 12 months after quitting. It also allows up to 12 celebratory cigars a year to qualify for its lowest rates. Age. Young, healthy applicants are privy to cheaper policies. Driving record. A mere one ticket in the past two years can affect your rate class, which is more strict than most insurers. Occupation. Those with dangerous jobs, such as firefighters and heavy machinery operators, may be subject to higher rates....
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Report to Chief Underwriter Focus on UDP training process and materials, working closely with the UDP team manager related to training schedule Underwriter guideline maintenance in Knowledge Advance and coordination of guidelines with reinsurance manuals Coordination of continuing education (CE) classes, both content and dates This role is a compensation grade G2. Job Description Summary JOB SUMMARY: Analyze, select and classify applications for Life insurance of a more complex nature in accordance with established underwriting policies, practices and standards. Administers Life selection standards according to underwriting practices and procedures in order to achieve satisfactory mortality...
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