“Genworth reaches deal ‘in principle’ with New York regulator to clear acquisition by China-based company”

“Genworth reaches deal ‘in principle’ with New York regulator to clear acquisition by China-based company,” by John Reid Blackwell, Richmond Times-Dispatch   Quote: “Henrico County-based insurance giant Genworth Financial Inc. said Monday that it has reached an agreement “in principle” with government insurance regulators in New York that would help the company complete its long-delayed effort to be acquired by a China-based investment company.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Is there no end to the hoops this deal must jump through?  
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Categories: Clippings, Industry News, and Long-Term Care.

Supplementing Disability Income Insurance Coverage

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
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Categories: Disability Income Insurance, Industry News, and Mutual of Omaha (& Affiliates).

Your Guide to Selling Critical Advantage

Wondering how to get started selling Critical Illness insurance, Cancer insurance & Heart Attack/Stroke insurance from our Critical Advantage portfolio? Here’s everything you need to know. It’s easy to understand. The policy pays cash upon diagnosis. There are no medical bills to collect and submit It’s easy to sell. With only three knock-out questions for benefits up to $50,000 for Cancer coverage, you know on the spot if a policy can be issued It’s quick to issue. Express underwriting means your policies are issued in a matter of days, so you get paid quickly The Marketing Tools for Success flyer
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Categories: Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).

Medicare News – Omaha Family of Companies

Medicare Supplement: Upcoming Rate Adjustments View upcoming rate adjustments for AZ, CA, CO, MD, NM, SD, TN, UT.   Brokerage Health Webinar Series Mark your calendars for our second webinar of 2020, PDP-A Year-Round Sales Opportunity.   Medicare Advantage and Prescription Drug Plans: Importance of Medicare Advantage Follow-up Appointments Learn about the importance of follow up calls for Medicare Advantage policy holders.   #goldencareagent #mutualofomaha
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Return of Premium… Like a Money-Back Guarantee

Did you know? Return of premium can turn a skeptical prospect into a confident customer. Will your clients need long-term care services? No one knows for sure. So if they hesitate to purchase a policy because they don’t want to end up paying for something they may never use, here’s how to ease their concerns. Explain how adding optional return of premium rider is like a money-back guarantee. Premiums they’ve paid minus any policy benefits they’ve received will be refunded to a beneficiary upon their death. With three return of premium options available from Mutual of Omaha, you’re sure to
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

GTL’s Short-Term HHC Now Available in South Dakota

GTL’s Short-Term Home Health Care Insurance is now available in South Dakota! Available on paper only — e-App coming soon! ORDER SUPPLIES ON GTLINK   $150, $300 or $450 maximum daily benefit options! Easy-issue hospitalization rider for your clients who cannot qulify for Advantage Plus®! Consumer-facing product video and inforgraphic available on GTLink! Prescription benefit year maximum of $300 or $600! $40, $80 or $120 per-day Home Health Care Aide benefits! Policyholder Access to Ask Mayo Clinic online symptom assessment tool! Currently available in the following states:   GTL’s Short-Term HHC Now Available in South Dakota   #goldencareagent #gtl
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Categories: Guarantee Trust Life, Industry News, and Short-Term Care.

NGL’s Financial Strength Affirmed

AM Best Affirms A- (Excellent) Rating of NGL and Revises Outlook to Positive We are pleased to announce AM Best has revised the outlooks to positive from stable and affirmed its A- (Excellent) rating effective February 28, 2020. This rating reflects the excellent ability of NGL to meet its ongoing insurance policy and contract obligations and further attests to its financial strength. “Our AM Best rating is pivotal to our future success and is a true measure of NGL’s financial strength and business model effectiveness relative to the industry and our peers. We will continue to enhance our business profile,
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Categories: Industry News, Long-Term Care, and National Guardian Life.

OneAmerica Care Solutions News

Enhancing your experience in 2020 Asset Care submission process: Two simple choices Our focus on enhancing your experience in 2020 continues with a fine-tuning of our Asset Care new business submission process. The new process is straightforward: After completing Part I of the application, agents will simply choose whether to ask the Part II medical questions or have our interview vendor complete these questions. Read on to get details about the path each choice will take you on and when this change will go into effect.   Your expanded OneAmerica Relationship Team Relationships are at the core of what we
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Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

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
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Categories: Accident Insurance, Critical Illness, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, and Mutual of Omaha (& Affiliates).

Order Now! New MutualCare® Solutions Applications Available

Paper Applications ORDER TODAY! New paper applications are available for order. These applications reflect the no cash with application and conditional coverage changes effective 2/23/2020. The version being replaced must be signed and received in the Home Office no later than 2/29/2020. If received in the Home Office after 2/29/2020, the application will not be accepted. E-Applications Reminder: If you have a pending e-application that was started prior to 2/23/2020, you can access your pending app, complete and submit like normal. The pending e-Application must be signed and received in the Home Office no later than 2/29/2020 or it will not
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).