Some consumers may have a disability income policy insurance through their employer, it’s important to ask them about how the policy would pay. Consider whether the policy’s monthly benefits would begin to pay benefits soon enough. Clients need to understand their existing coverage to help solve the protection gap. One solution is to supplement current employer coverage with an individual short-term disability income insurance. Short-term coverage can help pay monthly benefits sooner than an employer’s long-term disability insurance policy. And it can pay up until the time employer-sponsored benefits begin. As a producer, you can provide more complete income protection
Read More
Introducing Mutual Perks for Mutual of Omaha Policyholders
Everyone loves a good deal. Whether it’s a discount at a favorite store or restaurant, savings on eyeglasses and hearing aids, a reduced rate on a home mortgage or a low-cost gym membership, the Mutual Perks program is designed to help some of your clients keep more money in their pockets. What’s Included in the Mutual Perks Program? Coupons & Discounts – Discounts at local restaurants and retailers, as well as a variety of national online merchants – many of the places where your customers already spend their dollars. Provided via AccessPerks Health & Fitness Programs – Also known as
Read More
Paper Application Submission via Email
In November, we streamlined the submission process for all Life products and Health products (excluding Medicare Supplement, Medicare Advantage, Prescription Drug Plans and Long Term Care) by introducing the ability to submit paper applications and additional requirements via email. As a reminder, when utilizing the email options to submit either new business or additional requirements: Attachments must be in TIF or PDP file format (pictures are not accepted) Emails or attachments cannot be password protected Email subject lines must include either “New App” or the Policy Number “XXXXXXXXX” Multiple attachments must be for the same case file in the email
Read More
Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
CHS, critical advantage, critical illness, Dental, DI Choice, disability, Income Advantage IUL, income protection, insurance, IUL, Life Insurance, Life Protection Advantage IUL, mutual of omaha, omaha, PIP, and Priority Income Protection.
CHS, critical advantage, critical illness, Dental, DI Choice, disability, Income Advantage IUL, income protection, insurance, IUL, Life Insurance, Life Protection Advantage IUL, mutual of omaha, omaha, PIP, and Priority Income Protection.
Save Time with the DI Tele-Application!
The DI tele-app facilitates a faster application process, you don’t have to ask medical questions, and reduces the need for call-backs to your customers by allowing our trained nurses to gather your clients’ medical information. Advantages of the DI Tele-app Simplifies the sales process for both the agent and the client Don’t have to ask awkward medical questions Quicker issue time Fewer attending physician statements Client answers medical questions only once by a trained nurse regarding activities, health habits, occupation(s), and medical history Materials Available Next Steps brochure If you have any questions, please contact Mutual of Omaha’s Sales Support
Read More
Tax Advantages of Disability Income Insurance
The taxation of disability income insurance is straightforward – especially in individual cases. However, surprises can occur if policies are set up incorrectly as unexpected taxation of a benefit reduces available funds at precisely the wrong time. Individual DI In terms of taxes, individual DI is rather clear cut. Premiums paid by individual policyholders are non-deductible as they are not considered an eligible medical expense on Schedule A. Also, benefits are not included as income and therefore not taxable. Employer-Paid DI In disability income cases where a business entity is involved, the tax implications are varied. Here are some common
Read More
How to Use DI in the Business Setting
Several American workers are employed by small business owners who understand the hard work is what it takes to keep their doors open. But many small business owners fail to understand how difficult it would be to stay operational if the owner was disabled and couldn’t work. That’s where you come in. It’s your role to help them understand the consequences a disability could have on the business they’ve worked hard to make succeed. You may hear objections like “I don’t need to be there – my business runs itself” or “My employees would be able to keep things going
Read More
Who Buys Disability Income Insurance from Mutual of Omaha?
Our disability income insurance is designed for the middle market, it’s the perfect product to boost your cross-selling efforts, help you gain referrals and build a more robust client base. DI completes your clients’ financial protection plan. Customers who buy disability income insurance from us are identified as: Having an income between $40,000-$150,000 30-50 year olds Risk adverse Having something to protect Recently married New parents Family oriented Homeowners Self-employed Business owners Single-parent families The best part about finding people to talk to about DI is that you don’t need to look far. Almost everyone you interact with daily fits
Read More
Reminder: End of Year Pay Schedule
As the holiday season quickly approaches, it’s easy to forget important dates with all the hustle and bustle. Don’t forget to mark our end of year pay dates in your calendar. Mutual of Omaha and its affiliates (United of Omaha and United World) will be closed on the following days: Christmas: Wednesday, December 25, 2019 New Year’s Day: Wednesday, January 1, 2020 The past pay cutoff in 2019 for Life is December 30 and for Health is December 27. This is the last pay cycle to be paid in 2019. Life Cutoff Dates Holiday Date Holiday Observed Cutoff – New
Read More
Critical Illness, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).
holiday, insurance, life, Life Insurance, Long-Term Care, long-term care insurance, LTC, LTCi, mutual of omaha, omaha, pay schedule, United of Omaha, and United World.
holiday, insurance, life, Life Insurance, Long-Term Care, long-term care insurance, LTC, LTCi, mutual of omaha, omaha, pay schedule, United of Omaha, and United World.
Wrapping Up 2019: A Note from Steve Pike
A Note from Steve Pike It’s been a great year! Together, we’re fulfilling our shared mission to help people protect their families, their finances and their futures with long-term care insurance. Looking ahead to 2020, we remain committed to providing the products, services and support you and your agents need. Please accept our sincere thanks for the LTC business you placed with us in 2019. We look forward to helping you grow sales in the coming year. Have a safe and happy holiday season! Steve Pike National Sales Director – LTC, DI, CI #goldencareagent #mutualofomaha #stevepike #longtermcare
Read More
Critical Illness, Disability Income Insurance, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
CI, critical illness, DI, disability income, happy holidays, holiday, holiday message, holiday season, insurance, Long-Term Care, long-term care insurance, LTC, LTCi, mutual of omaha, omaha, and United of Omaha.
CI, critical illness, DI, disability income, happy holidays, holiday, holiday message, holiday season, insurance, Long-Term Care, long-term care insurance, LTC, LTCi, mutual of omaha, omaha, and United of Omaha.
Email Submission for Paper Applications
Sending a fax can be time-consuming and frustrating, that’s why we are pleased to announce paper applications can now be submitted via email. This update is effective immediately and available for all Life products and Health products, excluding Medicare Supplement, Medicare Advantage, Prescription Drug Plans and Long Term Care. While this new capability will streamline the submission process there are some very important steps to follow in order to make sure applications are being submitted correctly and securely. Please ensure you follow this guide when submitting new business and additional requirements via email. Thank you for your business and if
Read More
Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
CHS, critical advantage, critical illness, Dental, DI Choice, disability, Income Advantage IUL, income protection, insurance, IUL, Life Insurance, Life Protection Advantage IUL, mutual of omaha, omaha, PIP, and Priority Income Protection.
CHS, critical advantage, critical illness, Dental, DI Choice, disability, Income Advantage IUL, income protection, insurance, IUL, Life Insurance, Life Protection Advantage IUL, mutual of omaha, omaha, PIP, and Priority Income Protection.
