United of Omaha Children’s Whole Life Reprice

Effective April 1, 2021, we will be implementing rate adjustments to Children’s Whole Life. While we will be making small rate increases, Children’s Whole Life will remain an affordable and competitive express policy that allows clients to lock in low premiums and future insurability throughout the lifetime of their child or grandchild. Transition Rules The new Children’s Whole Life pricing will go into effect April 1, 2021 in all states. Applications signed prior to April 1, 2021 will receive the old pricing, regardless of the policy effective date. Applications signed on or after April 1, 2021 will receive the new
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Simplified Issue Life: Weekly Time Service Update

From the Desk of Marty Johnson First, and foremost, Mutual of Omaha would like to thank you for your business. We are very appreciative of the amount of business we have received, and continue to receive, due to your commitment and partnership. Due to unprecedented volumes of new business, our Simplified Issue Life Underwriting team is experiencing delays in time service. However, we remain committed to providing you the quality service you have come to expect. To accommodate this, we are increasing our staff and working overtime on nights and weekends to ensure your business is handled properly, and as
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Attention Agents Selling Heritage Plan Whole Life

Heritage Whole Life Update Social Security Drafting Information When selecting Social Security Drafting for GTL’s new Heritage Plan Whole Life Product, if approval date is after the selected draft option, please select an effective date for the policy to be the 1st of the following month in order to have the draft occur on the next expected Social Security payment date. Example 1 The client wants a July 1st effective date and a 2nd Wednesday drafting is requested. ► The first policy draft will occur on Wednesday, July 10th. Example 2 If the policy is effective July 15th and a
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Categories: Guarantee Trust Life, Industry News, and Life Insurance.

On-Demand LTCi vs. Hybrid Part 1 and Part 2 Videos Are AVAILABLE!

The gloves are off!  Why are Hybrids still being sold? Jeff Clark has done the research and Hybrids are a lose for your clients and for your commissions. Catch the on-demand LTC v Hybrid Part 1 and 2 video here: On-Demand Part 1 On-Demand Part 2 View Our Full Line Up of Product and Sales Webinar Events     Questions or help registering? Call the GoldenCare Marketing Team at 800-842-7799! Don’t forget to subscribe to our News Digest for all the latest announcements from the Top Carriers! Check out GoldenCare News  
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Categories: GoldenCare News, Industry News, Life Insurance, and Long-Term Care.

Express Time Service Update

From the Desk of Marty Johnson Recently I informed you we were experiencing processing delays for Simplified Issue business. At this time, we continue to receive unprecedented volumes of new business, which is leading to extended service levels. I want to reiterate; we remain committed to providing the quality service you have come to expect. We are addressing this issue by increasing our staff, and reallocating internal resources where applicable to assist. Additionally, our underwriting team continues to work extra time on nights and weekends to ensure your business is handled as quickly as possible. We continue to focus on
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

The Hidden Costs of Waiting

We all know there are risks that come with waiting to purchase a life insurance policy: What happens if the client unexpectedly dies and doesn’t have the death benefit? What if the client is diagnosed with an illness that no longer allows him to be insurable? But with an accumulation-focused life insurance policy, there’s an additional consequence your clients may not be aware of. Waiting can also impact the amount of income your client can take from his or her policy down the road. Even waiting just a few years could change the income potential by thousands of dollars a
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Quote on the Go with the Quotes for Sales Professionals App

Mutual of Omaha’s “Quotes for Sales Professionals” free mobile quoting app makes your life easier by allowing you to quote our products on the go. No more rates sheets and manual calculators. This tool allows you to enter your client’s information and get an instant quote right on your mobile devices ( Android, iPhone, iPad, etc.). Simply search Mutual of Omaha in the App Store or in Google Play, download “Quotes for Sales Professionals” and you’re ready to start quoting! Mobile Quotes Tips You have the ability to save your preferences within the app – making it even faster for
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Categories: Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, and Mutual of Omaha (& Affiliates).

Gerber Life Agent Portal Updates Coming Soon

Agent Portal Updates Coming Soon   We are excited to announce some updates and changes taking place within the Gerber Life Agency Portal effective March 16, 2021! Our goal is to make your daily transactions with Gerber Life as simple as possible. With that focus we have improved several areas to make it easier for you to keep track of your applications and policies. Gerber Life will no longer offer applications in Puerto Rico. We have expanded our Case Status section to include the following updates: License and/or Appointment Review: Within the case status section on the Agent Portal, if
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Categories: Gerber Life, Industry News, and Life Insurance.

The Living Benefits of Term Life Express

Term Life Express offers simplified underwriting, competitive pricing, and attractive conversion privileges. Did you know that it also includes Living Benefit Riders at no additional cost (on TLE non-ROP policies)? The Living Benefit package includes three Accelerated Death Benefit Riders at no additional cost to the customer. Chronic Illness Terminal Illness Critical Illness Learn more about Term Life Express’s living benefits today using the TLE Living Benefit Rider Guide.   The Living Benefits of Term Life Express   #goldencareagent #mutualofomaha
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

No One Knows What the Future May Hold…

We also offer Chronic and Terminal Illness Riders on our fully-underwritten IUL policies at no additional cost and with no additional underwriting. These riders give your client an option to access a portion of their death benefit early. This money can provide a little more comfort during a difficult time or can be used to help cover the costs of long-term care. Learn more about how our Accelerated Death Benefit Riders work.   No One Knows What the Future May Hold…   #goldencareagent #mutualofomaha
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).