Since we launched Automated Underwriting for Living Promise e-Applications in November, over 2,300 agents have used the instant decision tool and over 8,300 clients have experienced the benefits of our intuitive system. Overall, we have been very pleased with the deployment and the approval rates speak for themselves. During the past couple of weeks, 65% of applications submitted were instantly approved and 77% of the referred cases were approved after review. As with any new system, there are opportunities for improvements. We appreciate your constructive feedback and are working on enhancements to the system. We’d like to provide you with
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The 2019 Tax Guide is Here
It’s tax season… are your clients ready? Get the 2019 Advanced Markets Tax Reference Guide — the key tax figures and limits for 2019 at your fingertips. The Advanced Markets Team is here to help! A key objective of our team is to provide training and support that focuses on our areas of expertise – estate planning, business planning, and retirement and distribution planning – and that can help you with your sales efforts. If you have a question about a concept, how our products work for a specific sales concept or if you just want to run an idea
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LTC Rider, Chronic Illness Rider or Both?
Our Income Advantage IUL and Life Protection Advantage IUL policies now offer a Long-Term Care Rider in addition to an Accelerated Death Benefit for Chronic Illness Rider. In some cases, it may benefit your clients to choose both riders. Although both riders can’t be added to the same policy, your clients have the option to split a larger policy into two. And, only one application is needed – you just need to include instructions on the application regarding the client’s intent to split the policy. Take a look at the sales idea flyer to see a case study that shows
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Dental Insurance Product Release in North Carolina
Effective February 1, 2019, you may begin selling our Mutual Dental PreferredSM and Mutual Dental ProtectionSM insurance policies underwritten by Mutual of Omaha Insurance Company in North Carolina. While this product is positioned for individuals who are Medicare eligible, the issue age is 19 – 99 for these policies. For more information and to see rates view the Dental Insurance Product and Rate Guide. Appointment: If you are not already appointed for the Dental product, click here to add this product to your appointments. Dental e-App available February 1, 2019 For ease and convenience use the Dental e-App located on
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Have You Tried our LTC Cost of Care Calculator?
Mutual of Omaha has been providing you with long-term care costs for years, but now it’s even easier to access. The LTC Cost of Care Calculator lists state-specific and projected inflation figures for the following: Home Health Care Cost Assisted Living Facility Cost Nursing Home (private and semi-private room) Equipped with this valuable information, you and your clients are informed on what types of benefits are necessary to meet each customer’s unique needs. Head to Sales Professional Access (SPA) and see how easy it is to use the cost of care calculator. Give it a try here! Have You
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Delay in Illinois Passive Exchange Notification Process
Earlier this month, we announced the next phase of the Illinois LTC Partnership. As of January 25, 2019, there is a delay in distributing partnership-approved notification letters to relevant customers. As a reminder, the Illinois passive exchange will be offered to all policyowners with the appropriate policy form and inflation protection. Please note there is no impact to customers other than a delay in receiving their passive exchange notification letter. We will inform you when there is a new date for distribution. Until then, click here to view the SPA page for more information on LTC Partnership. (Login required).
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Medicare News – Omaha Family of Companies
Medicare Supplement: Modernized Rate Adjustment Please view the upcoming Modernized rate adjustment in Illinois. Dental Insurance Product Release in North Carolina Effective 2/1/19 you may begin selling our Mutual Dental PreferredSM and Mutual Dental ProtectionSM insurance policies with an optional vision care rider underwritten by Mutual of Omaha in North Carolina. #goldencareagent #mutualofomaha
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Over 100 Years of Promises Kept
Way back in 1909, Mutual of Omaha sold its first Disability Income Insurance policy. Since then, we have continued to keep our promises to our customers. In 2017, we have paid out more than $38 million in DI claims. That’s an average of $3.22 million per month. Mutual of Omaha remains a leader in the DI marketplace providing coverage to nearly 63,000 individuals. To learn more about our ability to pay claims, click here. If you have any questions, please contact your Mutual of Omaha’s Sales Support at (800) 693-6083 or email sales.support@mutualofomaha.com. Over 100 Years of Promises Kept
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Disaster Relief Notification: Federal Government Shutdown
Mutual of Omaha is committed to working with your customers amidst the government shutdown. Grace periods for affected customers are being extended for an additional 30 days, and all requests are being handled on a rush basis. If you have any questions regarding this or any other Mutual of Omaha service, please reach out to our customer service team at 800-775-6000. Disaster Relief Notification: Federal Government Shutdown #goldencareagent #mutualofomaha
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Introducing a New Producer Call Flow Using the Amazon Connect Phone System
In last week’s article, Enhancements to the New Amazon Connect Phone System, we announced an enhancement was underway that would give producers a more direct route to customer service. This new producer call flow has been implemented. Your path through the phone system now consists of only two questions. In the new experience, all callers will all be asked the same first question: ‘Please tell us if you are a policyowner, a provider, or a producer.’ You will answer with ‘Producer’. You will then be asked ‘What type of policy are you calling about?” From there, you will be routed
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