Policy Effective Date Change for Accidental Death

Currently on Accidental Death applications the effective date is set as the date the application was signed. This process occasionally resulted in confusion on billing cycles when the policy was signed well in advance of the policy being issued. In order to improve the customer experience effective June 18, 2016 the effective date will be set as the date we issue the policy. If you have any questions, please contact your Sales Director or Mutual of Omaha’s Sales Support at 1-800-693-6083. Policy Effective Date Change for Accidental Death #goldencareagent #MutualOfOmaha
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Categories: Life Insurance and Mutual of Omaha (& Affiliates).

Give Your Clients the Best Rate Class Possible

Your clients don’t have to be Olympic-caliber athletes to qualify for the Fit underwriting program; they get credits for basic quality health maintenance. It’s helpful to think of Fit like this – your clients are Fit when both they and their family are physically and financially Fit. People who have positive factors in the Fit categories tend to have better mortality. So, on those cases that might be mildly or moderately rated, when individuals have positive health factors, we offer extra mortality credits. These credits apply to all fully underwritten term and universal life insurance policies, including Income Advantage (IUL)
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Categories: Life Insurance and Mutual of Omaha (& Affiliates).

Now Available: Updated Product Portfolio and Underwriting Guides

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 can be ordered through your normal ordering channels, and previewed here: View the Life Product Portfolio pdf (form number 146659) View the Life Underwriting Guidelines pdf (form number 146660) Now Available: Updated Product Portfolio and Underwriting Guides #goldencareagent #MutualOfOmaha
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Categories: Life Insurance and Mutual of Omaha (& Affiliates).

LTCi Is Now Available on Mutual of Omaha’s Mobile Quote App

Mutual of Omaha’s mobile quote tool is now available for Long Term Care insurance. You can now view and quote Mutual Care Solutions Long Term Care insurance product on the mobile app. No more rate sheets and manual calculators! This tool allows you to enter your client’s information and get an instant quote right on your mobile devices (i.e. Smartphone, iPhone, iPad, etc). DOWNLOAD THE APP TODAY      >      Requires iOS7 or Android 4.0 and up. Check out the announcement flyer here. For producer use only. #goldencareagent #MutualOfOmaha >   Related: Try Our New Mobile Quote App Today!
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Categories: Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Try Our New Mobile Quote App Today!

Mutual of Omaha’s new mobile app is now available! Quickly run quotes for your clients whenever, wherever with our easy-to-use mobile app. Available on all Android and Apple devices, it allows you to customize the product view to products you sell. DOWNLOAD THE APP TODAY      >      Requires iOS7 or Android 4.0 and up. CURRENTLY AVAILABLE: >      Children’s Whole Life >      Guaranteed ADvantage >      Guaranteed Universal Life Express >      Living Promise >      Long-Term Care Insurance   (coming soon) >      Medicare Supplement >      Term Life Answers >      Term Life Express >      Adding More Products in 2016 Check out the announcement flyer here. For producer use only. #goldencareagent #MutualOfOmaha
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Categories: Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Retirement Planning Concept Illustrations Can Help Sell IUL

Did you know… that within your Winflex illustration software, you have access to a report that helps you show your clients how a United of Omaha Income Advantage Indexed Universal Life (IUL) policy can provide supplemental income during retirement? Simply go to the ‘Reports’ tab and choose ‘Funding Retirement Using Life Insurance’. This supplemental report will: Help clients understand the need for supplemental retirement income Explain how a properly funded IUL policy can help provide supplemental income Illustrate total premiums paid during the accumulation phase, as well as projected distributions during the disbursement phase Take a look at this sample
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Categories: Life Insurance and Mutual of Omaha (& Affiliates).

Living Promise (Final Expense) Medication Exclusion Update

Effective immediately, the following medications may now be eligible for Living Promise coverage. If you have a client who is taking any of the following medications, the underwriting decision may have changed. Please reference the chart below for the timeframes in which these changes are applicable. If you have any questions, please contact your sales director. Living Promise (Final Expense) Medication Exclusion Update #goldencareagent #MutualOfOmaha
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Categories: Life Insurance and Mutual of Omaha (& Affiliates).

“The High Cost of Ultralow Interest Rates,” by Paul H. Kupiec, Wall Street Journal

“Extended periods of ultralow rates also make it more difficult for families to build precautionary reserves—for example, life insurance and long-term care insurance become prohibitively expensive.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): We make this point about the impact of artificially imposed low interest rates frequently, but it is not made often enough in the national media. Reminder: The Wall Street Journal is gated. The High Cost of Ultralow Interest Rates #goldencareagent
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Categories: Industry News, Life Insurance, and Long-Term Care.

Final Expense Product Approvals in WA, IL, and HI

Transamerica has updated the Immediate Solution and 10 Pay Solution Final Expense life insurance policies for the states of Hawaii, Illinois, and Washington as follows: Hawaii Updated Final Expense application kits will be available on all essential websites on May 20, 2016. There will be a 40-day transition period. The old application will be accepted if received by June 30, 2016, with the new application required as of July 1, 2016. Illinois Illinois has approved an Amendatory Endorsement relating to the Incontestability provision. Starting on May 20, 2016, an Amendatory Endorsement letter will be sent to all clients who hold
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Categories: Life Insurance and Transamerica.

Illustrations Enhanced with GRO Required Premium

One of the great features of our GUL, GUL Plus, GUL Survivor and Income Advantage IUL is that we include a Guaranteed Refund Option (GRO) rider with all qualifying policies at no additional cost.  This rider gives your clients flexibility for the future by providing them with opportunities to surrender their policy and receive up to 50 percent of their premiums back during a 60-day window following their 15th policy anniversary, and up to 100 percent of their premiums back during a 60-day window at the end of years 20, 21, 22, 23, 24 and 25.  In order to receive
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Categories: Life Insurance and Mutual of Omaha (& Affiliates).