As REQUIRED by federal regulation, all producers writing permanent life or annuity products must complete the Anti-Money Laundering (AML) training. Each producer that completed AML training prior to January 1, 2020 is required to complete AML renewal training by June 30, 2020. The renewal course is titled “Money Laundering and Cybercrime – Anti-Money Laundering for Insurance Review” will automatically be assigned by LIMRA and takes approximately 30 minutes to complete. Mutual of Omaha has contracted LIMRA to provide anti-money laundering training at no cost to you. Once you’ve completed the course, LIMRA will automatically send Mutual of Omaha a notification.
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Securian answers Minnesota nurses’ call for masks in a big way
Nicole Hansen with Securian Financial and Rick Fuentes with the Minnesota Nurses Association load up a dolly with cases of protective masks at the MNA offices at 345 Randolph Ave. in St. Paul on Saturday, March 21, 2020. Securian had stockpiled protective masks in a warehouse in case of emergency. (John Autey / Pioneer Press) The Minnesota Nurses Association began its protective-mask donation drive with a bang on Saturday. Securian Financial in St. Paul donated 20,200 masks to help fill the “drastic” shortage health care workers say they face in the fight against the COVID-19 pandemic. “We are all
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Updates to Term Life Answers Conversion Language
Effective April 1, 2020, we will be updating the conversion language for our Term Life Answers policies. Conversion Period The conversion period allowed will be as follows: 10-year Term: – For issue ages 18-72: The earlier of 10 years or age 75 – For issue ages 73+: During the first 2 policy years only 15-year Term: – The earlier of 15 years or age 75 20-year Term: – The earlier of 20 years or age 75 30-year Term: – During the first 20 policy years only Conversion Product Beginning April 1, 2020, the language in the Term Life Answers
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We’re Open for Business – You Can Be Too
Our e-Application and email signature method give you the ability to complete applications for your clients, without having to meet face to face. Below you can find all the information you need to get started with an e-App today. New to using the e-App? Make sure you watch our training videos. They walk you through completing an e-App step by step. Products Available on e-App Term Life Answers and Fully-Underwritten IUL – See the Speed eTicket Flyer for details (For IUL, submit your application as if you were submitting a Term Life Answers drop-ticket application. In the Special Requests section
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Instant Decision Training
We now offer Automated Underwriting on Living Promise Whole Life (Final Expense) and Term Life Express e-Applications. This flyer walks you through the simple process of how Automated Underwriting works. Looking for more detailed training? Check out our videos for both email and in-person signature methods. Living Promise In-Person Signature Method Living Promise Email Signature Method Term Life Express In-Person Signature Method Term Life Express Email Signature Method Also, don’t forget to check out all our helpful resources available on mutualofomaha.com/simple. Instant Decision Training #goldencareagent #mutualofomaha #life
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IUL Express in Four Simple Steps
The IUL Express process guide takes you through the step-by-step process to sell IUL Express. This guide walks you through: How to run an IUL Express quote How to complete and submit the application packet Simplified underwriting Delivering the policy Looking for even more training on IUL Express? Check out our producer training video on MutualofOmaha.com/Simple. IUL Express in Four Simple Steps #goldencareagent #mutualofomaha #life
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Introducing Mutual Perks for Mutual of Omaha Policyholders
Everyone loves a good deal. Whether it’s a discount at a favorite store or restaurant, savings on eyeglasses and hearing aids, a reduced rate on a home mortgage or a low-cost gym membership, the Mutual Perks program is designed to help some of your clients keep more money in their pockets. What’s Included in the Mutual Perks Program? Coupons & Discounts – Discounts at local restaurants and retailers, as well as a variety of national online merchants – many of the places where your customers already spend their dollars. Provided via AccessPerks Health & Fitness Programs – Also known as
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New Authorization for Release of Individual Tax Return Transcript Form
United of Omaha has previously asked for tax returns and 3rd party verified financials when a client was applying for a life insurance policy with a face amount exceeding $5 million. Beginning March 1, 2020, a new Authorization for Release of Individual Tax Return Transcript form and an IRS 4506T-EZ form will now need to be filled out and signed by the client when applying for a United of Omaha life insurance policy when the face amount exceeds $5 million. The authorization form will automatically be included when downloading an IRS 4506T-EZ form on our Sales Professional Access producer website.
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Paper Application Submission via Email
In November, we streamlined the submission process for all Life products and Health products (excluding Medicare Supplement, Medicare Advantage, Prescription Drug Plans and Long Term Care) by introducing the ability to submit paper applications and additional requirements via email. As a reminder, when utilizing the email options to submit either new business or additional requirements: Attachments must be in TIF or PDP file format (pictures are not accepted) Emails or attachments cannot be password protected Email subject lines must include either “New App” or the Policy Number “XXXXXXXXX” Multiple attachments must be for the same case file in the email
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Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
CHS, critical advantage, critical illness, Dental, DI Choice, disability, Income Advantage IUL, income protection, insurance, IUL, Life Insurance, Life Protection Advantage IUL, mutual of omaha, omaha, PIP, and Priority Income Protection.
CHS, critical advantage, critical illness, Dental, DI Choice, disability, Income Advantage IUL, income protection, insurance, IUL, Life Insurance, Life Protection Advantage IUL, mutual of omaha, omaha, PIP, and Priority Income Protection.
Securian Financial reports strong 2019
Securian Financial reports strong 2019 February 24, 2020 ST. PAUL, Minn. –(BUSINESS WIRE)–Securian Financial announced preliminary 2019 financial results at its annual all-company meeting last week, highlighted by strong revenue growth and increased community giving. “In 2019, we delivered excellent operating performance consistent with our 140-year history of outstanding financial strength,” said Chris Hilger, Securian Financial’s chairman, president and CEO. “At the same time, we invested in our strategic business priorities and enhanced our community commitment. Most importantly, we again fulfilled our purpose by paying $5.6 billion in statutory benefits to our customers and their families when they needed us
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