Great news! Alaska, California, Indiana, and Massachusetts can offer the products in the Critical Advantage portfolio with a 20% rate cut starting April 1, 2019. Your clients will get the same great coverage for less money, which could mean more sales for you. Check out how much they can save below: Age New Monthly Rate Previous Monthly Rate Monthly Savings Yearly Savings 35 $18.25 $22.81 $4.56 $54.72 45 $30.48 $38.09 $7.61 $91.32 55 $47.75 $59.69 $11.94 $143.28 65 $69.35 $86.69 $17.34 $208.08 This example is a Cancer policy with a $30,000 benefit amount and lifetime coverage. Check out this
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The New LTC Rider is Now Approved in New Jersey
On March 15, agents selling in New Jersey will now have an additional option to help meet clients’ long-term care planning needs. The new Long-Term Care Rider will be available for you on our Income Advantage and Life Protection Advantage Indexed Universal Life (IUL) insurance policies. The LTC Rider provides: Benefits for Nursing Home, Assisted Living, Home Health Care and Adult Day Care Maximum total benefits up to 100% of the initial specified death benefit 1%, 2% or 4% monthly acceleration percentages One-time, 90 calendar-day elimination period Automatic issue of the Chronic Illness Rider if the client doesn’t qualify for
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Learn What Makes Our IUL Products Unique
When it comes to indexed universal life insurance products, there are many different designs. Our IUL Portfolio Overview flyer provides information on what makes our Income Advantage and Life Protection Advantage IUL products unique in the industry. It highlights our: Simple product design Straightforward crediting strategies Competitive participation rates and caps Our index loan option, which comes with a cap Our Guaranteed Refund Option rider, included with qualifying policies at no additional cost Our living benefit riders, including our LTC, Chronic and Terminal Illness Riders To learn even more about our IUL products, visit www.discoverIUL.com. Learn What Makes Our
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Automated Underwriting Update (Tips)
This week’s tip is to make sure not to move too quickly through the client information screens for Living Promise e-Applications. Take your time and make sure you are entering all of your client’s personal information correctly. This includes name, address, date of birth and Social Security Number. When your client’s data is entered completely and correctly the tool can run the most efficiently and provide you with the best underwriting decision. If you have any questions, please contact your Mutual of Omaha’s Sales Support at (800) 693-6083 or email sales.support@mutualofomaha.com. Automated Underwriting Update #goldencareagent #mutualofomaha
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Critical Advantage Rate Decrease for Existing Policyholders – OH
Another state has approved the Critical Advantage rate decrease of 20% for current policyholders. Effective May 1, 2019, the rates for existing policyholders in Ohio will be reduced by 20%. Your current customers in Ohio will not have to do anything to get the new rates. Their premiums will be at the new 20% rate cut automatically starting on 05/01/2019. Here is what your clients can expect with the lower rates. Age Current Monthly Rate New Monthly Rates Monthly Savings Yearly Savings 35 $22.81 $18.25 $4.56 $54.72 45 $38.09 $30.48 $7.61 $91.32 55 $59.69 $47.75 $11.94 $143.28 65 $86.69 $69.35
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The Power of Care Coordination Benefit
The need for long-term care services can come on slowly or happen overnight. No matter when the need for care arises, a care coordinator can help. Once an insured files a claim, a care coordinator may be assigned to help manage their long-term care needs. The care coordinator becomes the point of contact to help arrange services and ensure all needs are met. Best of all: This benefit is built in to both the MutualCare® Custom and Secure Solutions, and the elimination period does not need to be satisfied in order to use the Care Coordination services. Take a look
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Target Small Business Owners with Tax Advantages of LTCi
When it comes to long-term care insurance, there are a lot of advantages: A long-term care policy makes funds available to help people get the care they need. It can help preserve a retirement nest egg. And it allows people to maintain their independence and protect their plans for the future. But did you know long-term care insurance also offers significant tax advantages? It’s tax season, and this is a great way to begin conversation with small-business owners. Premiums may be tax-deductible Using business dollars to purchase a long-term care policy has the potential to save the business considerable amount
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LTCi Career Development Program
The MutualCare® Solutions Long-term Care Insurance Career Development Program has been developed to offer a proven, structured methodology to master the knowledge and skills to sell our long-term care products. Throughout the program, you will cover the following: Long-Tern Care Overview Marketing Long-term Care Coverage (With Review Questions) Medicare and Medicaid Overview Long-term Care Partnership plans (With Review Questions) How to Evaluate Your Clients Long-term Care Needs Long-term Care Tax Clarifications and Consumer Questions (With Review Questions) MutualCare® Solutions Product Overview Provisions, Exclusions and Other Features Underwriting Overview (With Review Questions) Sales Support, Marketing and Prospecting Materials Take your first
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New Medicare ID numbers | Welcome calls | Preferred pharmacies
New welcome/onboarding calls help members engage with their plan early Did you know? All 2019 Allina Health | Aetna Medicare members now receive a welcome call from an onboarding representative after they enroll. During the call, we review the member’s provider network, formulary medications, pharmacy network, and 2019 plan benefits. To learn more about what members can expect after they enroll, just visit allinahealthaetnamedicare.com. New CMS Medicare ID numbers are here Make sure all your enrollment applications are processed efficiently, without delays, by including your clients’ new Medicare number. The Medicare number is a CMS-assigned number that can be found
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Good News | 2019/2020 Errors & Omissions Pricing Now Available: Enroll Today
Pricing for GoldenCare’s Discounted E & O Now Available Plus, earn yourself a better discount on next year’s enrollment! Here’s how: Enroll in GoldenCare’s 2019/2020 Errors & Omissions Program Submit any of the following: (written & issued between 4/1/2019 and 4/1/2020), • 1 Mutual of Omaha LTCi Application • 1 CareShield Application with Securian • 1 GTL Critical Cash/Critical Care Application, or • 1 Omaha Medicare Supplement Application and Receive a Renewal Discount on Next Year’s (2020/2021) Enrollment! For more information, call 800-842-7799 and speak with your Regional Director. Read Full Good News Article Questions? Call
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