Rate Adjustments Effective September 1, 2020

Long-Term Care insurance (LTCi) is a core product for Mutual of Omaha, and we intend to remain a key player in this market for years to come. To fulfill this commitment, we actively monitor emerging industry trends and make any adjustments necessary that enable us to keep our promises to policyholders and remain competitive in the marketplace. For this reason, we will be implementing the following rate adjustments effective September 1, 2020: Block of Business Impacted States LTC04I and LTC06UI Rhode Island   For a complete rate history, see the state approval grid on Sales Professional Access. Policyholder Notification Process
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

An Extra Feature on Income Advantage IUL at No Extra Cost

The Guaranteed Refund Option rider is included with all qualifying Income Advantage IUL policies at no additional cost. You may be wondering why clients even need a GRO rider, when most companies illustrate a projected 6 percent (or thereabouts) indexed interest crediting rate. Read the Guaranteed Refund Option on IUL flyer to learn how the GRO rider can help provide Income Advantage IUL clients with an additional layer of protection – especially in an unpredictable market. And don’t forget – Income Advantage IUL policies can now be submitted using our Speed eTicket drop ticket process through iPipeline!   An Extra
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Underwriting Tip: Owner and Beneficiary Relationships

We offer a variety of simplified issue Express life insurance products to help meet your clients’ needs. It’s important for you to be aware of the acceptable owner/beneficiary relationships. Acceptable Owner/Beneficiary Relationships include: Spouse, Fiancée, Domestic Partner Parent Child Life Insurance Trust Acceptable Beneficiary-Only Relationships (not as owner) include: Estate Siblings Grandparents and Grandchildren Close Relatives by Marriage (in-laws) Ex-spouse Any other Owner/Beneficiary relationships will not be approved. Get this information and other important underwriting information in our Underwriting Guide. And, to learn more about our simplified issue Express products, visit mutualofomaha.com/simple.   Underwriting Tip: Owner and Beneficiary Relationships  
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Basics of DI Underwriting

Unfortunately, many Americans are totally unprepared for the financial hit that a sickness or injury can bring. If your clients don’t have disability income insurance, then their financial portfolio may be at risk. When you are helping clients think about income protection you need to understand how eligibility is determined by your client’s occupation, medical history and income. View Know the Basics flyer.   Basics of DI Underwriting   #goldencareagent #mutualofomaha
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Categories: Disability Income Insurance, Industry News, and Mutual of Omaha (& Affiliates).

Medicare Solutions – Omaha Family of Companies

Medicare Supplement: Upcoming Rate Adjustment View upcoming rate adjustment for North Dakota.   June Rate Release-DC, IN, NJ, WY View June 2020 Rate Release for District of Columbia, Indiana, New Jersey, and Wyoming.   Dental: Spotlight on Dental-Our Product View information on our Dental product.   #goldencareagent #mutualofomaha
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Categories: Dental, Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Holiday Telephone Solicitation bans for the month of June 2020

Please be aware of the following US holiday telephone solicitation bans for the month of June 2020: On Monday, June 1, 2020: Alabama prohibits unsolicited marketing calls to residents in observance of Jefferson Davis Day. On Wednesday, June 3, 2020: Louisiana prohibits unsolicited marketing calls to residents in observance of Confederate Memorial Day. On Sunday, June 14, 2020: Pennsylvania prohibits unsolicited marketing calls to residents in observance of Flag Day. Holiday Telephone Solicitation bans for the month of June 2020   #goldencareagent #mutualofomaha
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Categories: Industry News and Mutual of Omaha (& Affiliates).

COVID-19: We are here for you

COVID-19: We are here for you As we all continue to navigate these times of uncertainty, the health and safety of our customers, partners and employees is our top priority. We are open for business and maintaining business operations. As the situation continues to evolve, know that we are committed and prepared to serve you through this disruptive time. We will continue to update this page with any new developments.   What we’re doing We are continually monitoring developments surrounding COVID-19 and are working with state and local governments to support business continuity and resilience. We maintain a business continuity
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Categories: COVID-19, Industry News, Life Insurance, and Securian.

Good News | Omaha Now Ranked #300 On Fortune 500 List

  Mutual of Omaha Improves Position on Fortune 500 List Mutual of Omaha is pleased to announce that it has improved its position on Fortune Magazine’s 500 list. We moved up to number 300. “Founded in 1909, the Nebraska mutual insurance and financial services company offers a variety of products, including life insurance and supplemental Medicare insurance policies. It climbed 36 spots on record revenues of $10.4 billion.” Mutual of Omaha Improves Position on Fortune 500 List Join a growing community of insurance agents and producers sharing positive stories, and sales tips for success while working remotely. Plus, all carrier
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

“Simplifying telemedicine use in long-term care facilities”

“Simplifying telemedicine use in long-term care facilities,” by Jonathan Wiesen, M.D., McKnight’s LTC News   Quote: “Telemedicine has become the go-to tool of choice during the COVID-19 pandemic to keep individuals, healthcare providers and staff safe. The good news for long-term care professionals is that providing virtual care during these chaotic days does not have to be complicated. … Long-term care facility staff who may be concerned about a patient’s cold and flu symptoms can use this service and access advice without having to arrange to transport the patient to a healthcare facility, where they risk exposure to the virus
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Categories: Clippings, Industry News, and Long-Term Care.

“Coronavirus or no, why do we have so many people in nursing homes?”

“Coronavirus or no, why do we have so many people in nursing homes?,” by Rebekah Diller and Leslie Salzman, New York Daily News   Quote: “Despite a growing acknowledgment that home and community-based services are preferable to institutional care, public policies and funding have not been sufficient to realize that goal. As a result, the U.S. has more than 1.3 million adults living in nursing homes, with many more living in long-term institutional settings for persons with psychiatric, intellectual and developmental disabilities. They all face unprecedented risks right now.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): We’ll publish
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Categories: Clippings, COVID-19, Industry News, and Long-Term Care.