Income Advantage IUL allows for a client to accumulate cash value

Income Advantage IUL can provide your clients with valuable life insurance protection. It also offers the opportunity to accumulate cash value* for future needs, such as supplementing the client’s retirement income. Teaming an Income Advantage policy up with a term life insurance policy may be an ideal solution for clients who want to plan ahead for retirement, but also have a larger temporary life insurance need. Learn more about how this works by looking at our Satisfy the Need for Accumulation and Protection flyer. It includes: A case study showing how this concept works A comparison of taking income immediately
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

IUL Express – A great fit for Simplified Issue Life Insurance

Do you have clients who are looking for a simplified issue permanent and affordable life insurance coverage? Indexed Universal Life Express can fit many situations where your client needs coverage to help protect their lifestyles and their family. Ideal clients are: Pre-retirees who are beginning to plan for final expenses Parents with young children at home to replace lost income Clients who have just purchased a new home Clients who need their coverage issued quickly People who want permanent coverage but done like getting their blood drawn Clients who have Term Life Express and are ready to convert their policy
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

S&P Affirms Securian’s AA- (Very Strong) Rating & Stable Outlook

S&P maintains Securian Financial’s AA- rating and stable outlook On Friday, May 15, 2020, S&P published a Research Update on Securian Financial, affirming our insurance financial strength rating of AA- (Very Strong) and our Stable outlook. The rating and outlook apply to Securian Financial affiliates, Minnesota Life Insurance Company and Securian Life Insurance Company. S&P cites our excellent capital position, strong business diversity, exceptional liquidity, well-diversified investment portfolio and tight risk controls as the major reasons for affirming our ratings and outlook. Our strong industry ratings reflect how our historical approach to smart growth and strong enterprise risk management keeps
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Categories: Industry News, Life Insurance, and Securian.

Securian’s Corporate Social Responsibility Report

In a year of pivots, volunteerism was no stranger to change in 2020. We’re so proud of our employees’ commitment to giving back. Read what they accomplished in our 2020 Corporate Social Responsibility Report. Securian’s Corporate Social Responsibility Report     #goldencareagent #minnesotalife #securian
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Categories: Industry News, Life Insurance, and Securian.

Omaha Now Ranked #282 On Fortune 500 List

Mutual of Omaha has moved up to No. 282 on Fortune Magazine’s list of the 500 largest corporations in the United States, ranked by revenue for the 2020 fiscal year.  #fortune500   #mutualofomaha     Mutual of Omaha Improves Position on Fortune 500 List   #goldencareagent #mutualofomaha #fortune500
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Categories: Accident Insurance, Critical Illness, Dental, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Memorial Day Office Closing 2021

Mutual of Omaha and its affiliates (United of Omaha and United World) will be closed on Monday, May 31st for Memorial Day. 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 Memorial Day, Monday 5/31/2021 Tuesday 6/1/2021 Tuesday 6/1/2021 Friday 5/28/2021 Friday 5/28/2021 Friday 6/4/2021   Weekly and holiday pay schedules are also available on the Sales Professional Access (SPA) website. If you have any questions, please contact your Sales
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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).

Important Information Regarding GUL Express

At Mutual of Omaha, we know how important it is to provide product solutions that help customers achieve their financial goals. We also know it is imperative that we make prudent business decisions to help ensure we remain profitable so we can be here when it comes time to fulfill the promises we’ve made to our policyholders. We have made the difficult decision to no longer offer our Guaranteed Universal Life Express (GUL Express) product beginning June 1, 2021. I want to assure you that we remain committed to the simplified issue marketplace and we will continue to offer product
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

COVID-19 drives interest in life insurance

According to the 2021 Insurance Barometer Study from Life Happens and LIMRA, the Coronavirus pandemic has driven an increase in life insurance purchase intent, with 31% of consumers more likely to buy life insurance due to COVID-19. 1 The impact is even greater among distinct audiences, with the likelihood of buying increasing to 45% among millennials and 42% among respondents who have household incomes of $150K or more.1 This changing mindset seems to indicate that consumers are thinking of additional ways to protect themselves and their families and that life insurance has become more of a priority relative to other
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Categories: COVID-19, Gerber Life, Industry News, and Life Insurance.

Product changes clarification and past due policies reporting

Product changes clarification and new past due policy reporting Clarification: Updates to Final Expense portfolio On May 1, 2021, Great Western Insurance Company (GWIC®) adjusted the Final Expense product portfolio. The only change that was made to the Guaranteed Assurance (Guaranteed Issue) product was the chargeback period on deaths is now 12 months. The Assurance Plus (First-day coverage) product’s changes are: The minimum age was changed from age 40 to age 50. The minimum face amount increased to $2,500. The chargeback period on deaths was changed to 12 months. View past due policies Previously named the Submitted and Pending Dashboard,
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Categories: Great Western, Industry News, and Life Insurance.

iGO No Longer Supports Internet Explorer 11

NOTICE FOR INTERNET EXPLORER USERS Starting Monday, May 24, 2021, iGO e-App® will no longer support the Internet Explorer 11 (IE 11) browser. This means some browser features and content, such as the Credit Card Token process, will not be available. Browsers beware If you attempt to use iGO e-App® with IE 11, or any out-of-date browser, you will receive this message:     “Your browser is no longer supported. Some features and content may not work.”   Active Transamerica LifetimeSM & Transamerica Final Expense Solutions cases If you are using IE 11 and trying to complete a Lifetime or
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Categories: Industry News and Life Insurance.