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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Attention Agents Selling New Whole Life Product
Proof of your AML completion is required in order to get your new Heritage Whole Life policies issued. If you are planning on selling GTL’s new Heritage Plan Whole Life Product and you have not yet done so, please send proof of your AML completion (e.g. an image) to agency@gtlic.com. If you have not completed AML training or have a completion date of older than 24 months, you can visit WebCE, QuestCE or Kaplan for online training. Thank you for your business! Attention Agents Selling New Whole Life Product #goldencareagent #gtl
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ePolicy Delivery now available for SecureCare
When in-person isn’t the best option Our ePolicy Delivery capability is now available for SecureCare Universal Life1! ePolicy Delivery provides a paperless delivery experience so your clients can still get the coverage they need – even if you can’t meet with them in-person. New challenges call for new solutions. Check out our “How to write SecureCare remotely” e-toolkit to find the tools you need when meeting clients face-to-face isn’t the best option: 12 tips for web meetings with clients: hold an effective virtual meeting with clients – no matter where they are. Why SecureCare consumer brochure: personalize it with your
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Underwriting and New Business participation guidelines extended
Participation guidelines in response to COVID-19 extended to September 15, 2020 In April 2020, Securian Financial implemented changes to our underwriting and new business participation guidelines in response to COVID-19. These changes, shown below, will continue in effect until at least September 15, 2020. Please also note that effective today, June 3, 2020, all WriteFit1 applications must be submitted electronically. We have successfully transitioned to an eApp environment over the past 60 days. New applications submitted via paper will be fully underwritten and will not be transferred to eApp for WriteFit consideration. Please connect with your New Business team if
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Give Them a Gift for Life
With a Children’s Whole Life policy you can help your clients create a solid financial foundation for their children and grandchildren– all for a modest premium. Children’s Whole Life also offers flexibility with a Guaranteed Insurability Rider. This rider allows additional policies to be purchased in the future at the time of several life events, without evidence of insurability. To learn more about Children’s Whole Life and other Simplified Issue products go to MutualofOmaha.com/Simple. If you have any questions, please contact your Mutual of Omaha’s Sales Support at (800) 693-6083 or email sales.support@mutualofomaha.com. Give Them a Gift for
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New Blood-Borne Pathogen Test Consent Form in Washington
Beginning June 11, 2020, the state of Washington is requiring the HIV Consent Form to be replaced with a new Blood-Borne Pathogen Test Informed Consent Form. The Washington fully-underwritten life insurance application packets have already been updated to include the new form. We encourage you to update your application packets as soon as possible to ensure you are using the correct forms. If you have printed versions of the Washington application packets, please replace the HIV Consent form with the new Blood-Borne Pathogen Test Informed Consent Form. If you need new fully-underwritten application kits in Washington, you can either download
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LTC Riders: Understanding the Differences in Design
Our LTC Rider on Income Advantage IUL and Life Protection Advantage IUL follows what is known as a reimbursement rider model. Many other companies use an indemnity model. Knowing the difference is important. Here’s a basic definition: Indemnity — Policyowner can take rider benefits up to the maximum monthly benefit limit regardless of the actual expenses incurred. Reimbursement — Policyowner is reimbursed based on actual expenses incurred by the insured, up to the maximum monthly benefit limit. At first glance based on the definitions alone, an indemnity rider may seem like the obvious choice, that your client has access to
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An Extra Feature on Income Advantage IUL at No Extra Cost
The Guaranteed Refund Option rider is included with all qualifying Income Advantage IUL policies at no additional cost. You may be wondering why clients even need a GRO rider, when most companies illustrate a projected 6 percent (or thereabouts) indexed interest crediting rate. Read the Guaranteed Refund Option on IUL flyer to learn how the GRO rider can help provide Income Advantage IUL clients with an additional layer of protection – especially in an unpredictable market. And don’t forget – Income Advantage IUL policies can now be submitted using our Speed eTicket drop ticket process through iPipeline! An Extra
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Underwriting Tip: Owner and Beneficiary Relationships
We offer a variety of simplified issue Express life insurance products to help meet your clients’ needs. It’s important for you to be aware of the acceptable owner/beneficiary relationships. Acceptable Owner/Beneficiary Relationships include: Spouse, Fiancée, Domestic Partner Parent Child Life Insurance Trust Acceptable Beneficiary-Only Relationships (not as owner) include: Estate Siblings Grandparents and Grandchildren Close Relatives by Marriage (in-laws) Ex-spouse Any other Owner/Beneficiary relationships will not be approved. Get this information and other important underwriting information in our Underwriting Guide. And, to learn more about our simplified issue Express products, visit mutualofomaha.com/simple. Underwriting Tip: Owner and Beneficiary Relationships
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COVID-19: We are here for you
COVID-19: We are here for you As we all continue to navigate these times of uncertainty, the health and safety of our customers, partners and employees is our top priority. We are open for business and maintaining business operations. As the situation continues to evolve, know that we are committed and prepared to serve you through this disruptive time. We will continue to update this page with any new developments. What we’re doing We are continually monitoring developments surrounding COVID-19 and are working with state and local governments to support business continuity and resilience. We maintain a business continuity
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