“Q&A: A tech startup’s experience at InsureTech Connect,” by Brian Anderson, Insurance Forums

“Belleview, Wash.-based Agent Review brings the review model made popular by Yelp, Avvo, Zillow, Angie’s List, etc., to the insurance space. The platform empowers consumers to easily understand the consequences for a lack of coverage, the ability to review an agent’s professional makeup and then allows them the ability to review agents that fit their search criteria. The search criteria can include zip code, type of insurance, agent experience, performance ratings, language, testimonials, military service, charities, states licenses, and more.  In addition, consumers can post reviews and performance ratings about their agent experience, offering reliable social feedback to guide their
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Categories: Industry News and Life Insurance.

“Life Insurance Industry a Critical Driver of Economic Growth & Stability,” Advisor Magazine

“A new report co-authored by economists at global consulting firm The Brattle Group finds that the life insurance industry is a critical driver of economic growth that helps provide stability for the U.S. economy while delivering financial protection to millions of American families, including those most vulnerable to falling below the poverty line.  ‘Life insurers are vital to an efficiently functioning modern economy and society, and a key contributor to enabling robust long-term economic growth,’ writes Dr. J. David Cummins, the Joseph E. Boettner Chair of Risk Management and Insurance at Temple University’s Fox School of Business. ‘Life insurers invest
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Categories: Industry News and Life Insurance.

Good News | CareShield Sales Promo

With This Brand-New Product Comes A Stellar Sales Incentive! With the recent launch of Minnesota Life’s new CareShield™ product, came a fabulous incentive to help jump-start your CareShield sales! Between September 20, 2016 and December 31, 2016, agents will receive a $300 Visa® gift card for two paid CareShield applications or a $500 Visa® gift card for three paid CareShield applications. For details, click below: Win BIG: Earn Up To $500 For Selling CareShield Click here to add Minnesota Life’s CareShield™ product to your appointments. If you have questions or need additional information, please call us at 1-800-842-7799. Read Full
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Categories: GoldenCare News, Life Insurance, and Long-Term Care.

GoldenCare Newsletter | October 10, 2016 Edition

In this Edition This edition is jam packed with the latest announcements and news from all the Top Carriers! From GoldenCare:  Our full list of complimentary agent training events, attend a session on one of our popular topics. Our 3-in-1 Fourth Quarter Promotion has begun!   It’s the race to the finish line.   October 1st through December 31st.   See the newsletter for terms and conditions and get your Mutual of Omaha LTCi apps in for cash and a chance to win the grand prize – a 3 year lease on a brand new Ford Mustang! Our Guest Article is
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Categories: Genworth, GoldenCare News, Guarantee Trust Life, Industry News, John Hancock, Life Insurance, Life Secure, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Transamerica: Updated Questionnaires Now Available

Updated Questionnaires Now Available All supplemental Questionnaires have recently been updated, which required assignment of new form numbers. The updated Questionnaires are now available. Please note, the new forms do not allow amendment after submission; if any information is incomplete or requires changes a newly completed Questionnaire must be submitted. Use of the new forms is required for any Questionnaires received on or after October 1, 2016. Updated Questionnaires Now Available #goldencareagent #Transamerica
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Categories: Life Insurance, Medicare Supp./Adv., and Transamerica.

Quick Access to Omaha’s Producer Website

Sales Professional Access: No Login Required Want to reference product information without the hassle of logging in? Need to give agents a direct link to Sales Professional Access? Now you can. A new direct-access URL is ready for you to share with your agents and staff. mutualofomaha.com/sales-professionals provides quick access to basic product and underwriting information. If you see a small “lock” icon, that’s a secure feature requiring a login. Like things the way they are? mutualofomaha.com/broker allows you to access the website as you’ve been doing. Taking the extra step to log in gives you full access to all
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Categories: Critical Illness, Disability Income Insurance, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Now Available: New Product Portfolio and Underwriting Guide

The newest updates to Mutual of Omaha’s Product Portfolio and Underwriting Guidelines booklets are now available. These guides are your go-to resource for knowledge and information about our life insurance products and underwriting services. The new guides include: The new maximum refund cap of 50 percent of the specified face amount on the Guaranteed Refund Option Rider The October 1st improvements to our underwriting guidelines The new guides can be ordered through your normal ordering channels, and previewed here: View the Life Product Portfolio pdf  (form number 173308) View the Life Underwriting Guidelines pdf  (form number 172562) Now Available: New
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Categories: Life Insurance and Mutual of Omaha (& Affiliates).

Improvements to our Underwriting Guidelines

As of October 1, 2016, Mutual of Omaha is making some significant improvements to our underwriting guidelines on fully underwritten life insurance business, including: Adjusting our build chart for Preferred, Standard Plus and Standard – allowing an average of 10 lbs more than our previous build chart Changing the occasional celebratory cigar limit from 12 cigars per year to 24 cigars per year Revising our Family History criteria by allowing Preferred Plus if a sibling has died of Cancer or Heart Disease Modifying our cholesterol ratio and blood pressure ranges for Preferred classes, without age restrictions Eliminating moving violations as
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Categories: Life Insurance and Mutual of Omaha (& Affiliates).

Good News! | A Brand-New Solution For Aging Clients

Good News! A Brand-New Solution For Aging Clients Launched 9/20/16! Minnesota Life/Securian Life announced that their new CareShield™ product became available as of Tuesday last week! This provides both a simplified option for guaranteed premium life insurance protection and a solution for your clients’ future care needs! By combining a universal life insurance policy with built-in living benefits, clients may: Provide a tax-free death benefit to loved ones upon their death. Receive living benefits for chronic and terminal illness. Receive a premium refund if they elect to discontinue coverage after a specific number of years. Click Here for CareShield™ Product
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Categories: GoldenCare News, Industry News, and Life Insurance.

GUL and GUL Plus: Pricing Changes

Our industry has faced many challenges over the past several years – from persistently low interest rates to changing industry regulations. This environment significantly impacts how we are able to price our life insurance products, especially those with no-lapse guarantees, while still maintaining a profitable business model so that we can be there when customers need us most. As a result, effective October 1, 2016, we will be making adjustments to our GUL product pricing. At the same time, we will also be enhancing our GRO rider maximum refund cap as a way for you to offer additional value for
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Categories: Life Insurance and Mutual of Omaha (& Affiliates).