Updated Hours of Operation for the Client Interview Team

Our Client Interview Team will continue to offer expanded operating hours Monday – Thursday for your convenience. NEW Operating Hours (Effective 8/1/2021) Monday – Thursday: 8:00 a.m. to 8:00 p.m. (CT) Friday: 8:00 a.m. to 5:00 p.m. (CT) Client Interview Team The Client Interview team supports client personal health history interviews for the following product lines: Simplified Issue Life Fully Underwritten Life Critical Illness Disability Income Contact (800) 775-3000: Simplified Issue Life, Fully Underwritten Life, Critical Illness and Disability Income Interviews (800) 749-8652: Disability Income Customer-Assisted e-App Interviews ONLY If you have any questions or concerns, please contact your Sales
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Categories: Critical Illness, Disability Income Insurance, Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Long-Term Care Rider Minimum Face Amount Increase in the State of WA

Effective Thursday, July 22, 2021, for the State of Washington ONLY, Mutual of Omaha is increasing the minimum face amount required on all IUL insurance policy applications that include the long-term care rider to $250,000. This action is being taken to prevent individuals from applying for a life insurance policy with LTC to avoid the Washington State’s Long-Term Care Trust Act payroll tax deduction with no intention of keeping the policy in force. Mutual of Omaha has a responsibility to our policyholders and distribution partners to ensure our product offerings are used as designed, offering lasting life insurance and LTC
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Who is the IUL Express Client?

People often ask us who this product is designed for or who the target market is. The truth is, the IUL Express product is versatile. It is flexible enough to work for a wide variety of your clients’ needs, but it’s one thing for us to say it and another thing for us to demonstrate it. So, we asked one of our sales directors to pull a random sampling of 10 cases all placed in one single day. Even we were surprised by the flexibility of the IUL Express product. Watch this short IUL Express video to see what we
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Mutual of Omaha Broker’s Facebook page

The Mutual of Omaha Brokerage Sales Team is now on Facebook! At Mutual of Omaha we value you and your business. One of our top priorities is to provide you with the best, most competitive marketing materials we can. In today’s digital world, that includes social media. This private Facebook Group has been designed specifically for Mutual of Omaha’s Brokerage distribution and will provide social media posts for Life, Accidental Death, Annuities, Long-Term Care, Disability and Critical Illness. Additionally, urgent announcements will also be released on our Facebook page. The posts will be pre-approved, and we encourage you to like
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Categories: Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Exciting News Regarding Income Advantage IUL – 7702 & GRO Rider

Have you heard the news? Mutual of Omaha’s Income Advantage IUL product is now compliant with section 7702 as of July 8, 2021. This change has dramatically increased our competitive position in the “Cash Accumulation/Income” IUL marketplace. In addition, to our competitive position, the Income Advantage has some of the lowest internal costs in the industry. When you combine the GRO rider, low cost structure, competitive income values and our no cost Chronic/Terminal Illness or available LTC rider, the Income Advantage IUL should be considered one of your top “go to” IUL products. This change comes as a result of
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Iowa Insurance Department Product Training Requirements

All insurance producers selling Annuities, Long-Term Care or Indexed products in the state of Iowa are required to complete an online continuing education course prior to solicitation of the following products: Product Line Course Requirement Indexed UL One time — 4-hour CE course Annuity One time — 4-hour CE course Long-Term Care One time — 8-hour CE course and thereafter, satisfying the states annual requirements   Approved training courses to fulfill these requirements can be found on www.sircon.com. Click on the link “Lookup Education Courses or Transcript” Select Approved Courses Then, select Iowa and click Submit After, you can select
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Categories: Industry News, Life Insurance, Long-Term Care, and Mutual of Omaha (& Affiliates).

New pre-lapse notifications can help you save the sale

New pre-lapse notifications can help you save the sale Starting July 16, 2021, Great Western Insurance Company (GWIC®) will be rolling out new email notifications to writing agents and their immediate upline whenever clients have a Final Expense policy in danger of lapsing. You’ll receive emails five days into the customer’s grace period and have an opportunity to remind them to renew their contract(s). Retaining customers benefits us all. If you have questions, please call GWIC Agent Care at 866-252-5594, option 2, or by emailing m1agentsupport@americanenterprise.com.   New pre-lapse notifications can help you save the sale     #goldencareagent #gwic
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Categories: Great Western, Industry News, and Life Insurance.

Help Ensure the Continuation of the Family Business with IUL

Many small business owners would like for their children to continue the family business after their death. Help entrepreneurs imagine the fruits of their labor sustaining the next generation. Learn how Income Advantage IUL can be the tool to help with their estate equalization needs.   Help Ensure the Continuation of the Family Business with IUL   #goldencareagent #mutualofomaha #iul
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Independence Day Office Closing 2021

Mutual of Omaha and its affiliates (United of Omaha and United World) will be closed on Monday, July 5th for Independence Day. Additionally, our Client Interview Team will not have Saturday hours on July 3rd due to the holiday weekend. Below are the cut-off dates and times and the adjusted pay schedules. Holiday Pay Calculation Schedule Med Supp E-App & All Life Cutoff 3:00 PM Health Cutoff 3:00 PM Long Term Care Cutoff 3:00 PM Direct Deposit (EFT) Available Independence Day, Observed Monday 7/5/2021 Tuesday 7/6/2021 Tuesday 7/6/2021 Friday 7/2/2021 Friday 7/2/2021 Friday 7/9/2021   Weekly and holiday pay schedules
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Categories: Accident Insurance, Critical Illness, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Simplified Issue Life: Weekly Time Service Update (6/7)

From the Desk of Marty Johnson Simplified Issue Life: Weekly Time Service Update Mutual of Omaha is pleased to announce our Simplified Issue Life Underwriting team has returned to normal time service levels! Thank you for your business, continued support, and patience as we worked to process your business. Our normal time service levels are listed below. Please note, business days do NOT include weekends. New business is reviewed within 1 business day from receipt Policies are issued on average 1-5 days after application review, depending on requirements needed Pending requirements are reviewed within 1-2 business days Post issue requests
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).