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John Hancock Expands LTC Training Effort with ClearCert High Usage By Producers and Streamlines Process for Insurers
Date:12/12/2008

BOSTON, Dec. 12 /PRNewswire-FirstCall/ -- John Hancock Life Insurance Company (John Hancock) is reinforcing its commitment to helping producers meet new long-term care insurance (LTCI) training requirements through an affiliation with the ClearCert Clearinghouse. John Hancock began validating courses through ClearCert earlier in the year and effective January 1, 2009 will only accept training courses approved through the clearinghouse.

Since beginning its Partnership training effort last year, John Hancock has trained more than 9,200 students in the classroom and over 2,300 online. John Hancock's reported completions have accounted for nearly half of the 24,000 validated course completion records reported to the ClearCert system by its network of two dozen training firms.

"ClearCert's training validation services have made it easier for producers to meet training requirements and find appropriate courses while streamlining the way in which John Hancock LTC can track and validate producer training completions," said Catherine Dove, Partnership Training Director for John Hancock's Long-Term Care Division.

The Deficit Reduction Act of 2005 mandates that all agents representing LTCI partnership policies complete initial and ongoing training programs. In addition, a growing number of states -- currently 28 -- have implemented mandatory training requirements based on a training model developed by the National Association of Insurance Commissioners (NAIC). Most of these states are also implementing partnership programs. According to new state and federal regulations, insurers must not only verify course completions but are accountable for assuring that course content meets regulatory requirements.

About ClearCert Validation and Clearinghouse

ClearCert offers unbiased third party course content review of NAIC long-term care and partnership training courses on behalf of LTCI carrie
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SOURCE John Hancock Financial
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