Throughout the remainder of 2019, United of Omaha will be modifying the products in our life insurance portfolio as we implement the 2017 Commissioners Standard Ordinary (CSO) Tables. Product Impacts The first phase of product changes will be implemented on August 1, 2019: Income Advantage IUL will be updated with the new tables. Impacts of these modifications include: There will be slight increases and decreases in our premiums, required minimum face amounts and disbursement amounts. Disbursement amounts will be consistently within 2% in either direction from our current disbursements, with very minor changes in our competitive positioning. Generally, our charges
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Quick Guide: Prescription Drug Exclusion List
Prescription drug names can be confusing and the list of prescriptions is far too long to memorize. Keep our prescription drug exclusion flyer handy for a quick reference guide on what the knock out drugs are for Express products. If you have questions, please contact Mutual of Omaha’s Sales Support at 800-693-6083 or email sales.support@mutualofomaha.com. Quick Guide: Prescription Drug Exclusion List #goldencareagent #mutualofomaha
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TLE: Life Insurance Made Easy
Term Life Express provides clients with affordable rates and a simple application process. It also offers flexibility with 10-, 15-, 20-, and 30- year products available, in addition to ROP and non-ROP premium options. Our Term Life Express customizable postcard offers you flexibility as well. You can select the term, gender, modal factor, ages, face amounts and include your agent information. Simply, contact Sales Support at 1-800-693-6083 or go through your normal ordering channels in order to customize the TLE consumer-facing postcard. Make buying life insurance for your potential clients quick and simple with Term Life Express. If you
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Assistance To Oklahoma Residents Impacted By Severe Weather & Flooding
Oklahoma Governor had issued an Executive Order 2019-19 which has been amended declaring a disaster emergency for all seventy-seven (77) Oklahoma counties due to severe weather and flooding. The Oklahoma Department of Insurance issued a Bulletin 2019-01, dated May 24, 2019, to comply with the Executive Order. The Bulletin, in part states the following: Requires insurance companies to grant an extension of the grace period for customers residing within the impacted areas. Storm victims can get a copy of their insurance policy free of charge. This includes a moratorium on policy cancellations due to non-payment of premium. The moratorium is
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Gerber Life, Industry News, and Life Insurance.
Gerber, Gerber Life, policyholder, and severe weather.
Gerber, Gerber Life, policyholder, and severe weather.
Arkansas Residents Impacted By Severe Weather & Flooding
Arkansas Governor had issued an Executive Order 19-05 declaring a state of emergency due to severe weather and flooding. The Arkansas Department of Insurance issued a Bulletin 4-2019, dated May 30, 2019, to comply with the Executive Order. The Bulletin, in part states the following: Requires insurance companies to grant an extension of the grace period for sixty days beginning on May 21, 2019 and continuing until July 20, 2019 for policyholders residing within the impacted areas. This includes a moratorium on policy cancellations due to non-payment of premium. The moratorium is effective May 21, 2019 through July 20, 2019.
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Gerber Life, Industry News, and Life Insurance.
Gerber, Gerber Life, policyholder, and severe weather.
Gerber, Gerber Life, policyholder, and severe weather.
Ohio Residents Impacted By Severe Weather & Flooding
Ohio Governor had declared a State of Emergency on May 28, 2019 for Greene, Mercer and Montgomery counties, and any other counties that subsequently declare an emergency due to dangerous and damaging conditions resulting from the severe weather and tornadoes. The Ohio Department of Insurance issued a Bulletin 2019-03, dated May 29, 2019, to comply with the State of Emergency. The Bulletin, in part states the following: Requires insurance companies to grant an extension of the grace period for sixty days beginning on May 28, 2019 and continuing until July 28, 2019 for policyholders residing within the impacted areas. This
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Gerber Life, Industry News, and Life Insurance.
Gerber, Gerber Life, policyholder, and severe weather.
Gerber, Gerber Life, policyholder, and severe weather.
Save Your Clients Money with Fit Credits
Our Fit Underwriting Credit Program can help your clients qualify for up to an additional two table credits from their base rating on both term and permanent products. When your clients get a better rating, they get additional cost savings. What makes the Fit Program unique? It is NOT a table shave program Clients as young as 18 years old can qualify It applies to both permanent AND term policies Take a look at the Fit Guide and be sure to complete the Fit Test with your clients to ensure they receive the best underwriting rating. If you have questions,
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Personal History Interview Extended Hours Update
Our Client Interview team completes the Personal History Interview (PHI) for our Fully Underwritten Life, Living Promise, Term Life Express, Fully Underwritten DI, Priority Income Protection, and Critical Advantage products. Since we extended our Client Interview operating hours in March we have exceeded our expectations for speeding up the PHI process. So far, we have seen a reduction in lead time to complete a PHI – it now takes an average of just over 2 days! We also now show over 50% of PHI’s are being completed in the first week. The faster the PHI is completed, the faster your
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Memorial Day Office Closing 2019
Mutual of Omaha and its affiliates (United of Omaha and United World) will be closed on Monday, May 27th for Memorial Day. Below are the cut-off dates and times and the adjusted pay schedules. Holiday Pay Calculation Schedule Med Supp E-App & All Life Cutoff 3:00 PM Health Cutoff 3:00 PM Long Term Care Cutoff 3:00 PM Direct Deposit (EFT) Available Memorial Day, Monday 5/27/2019 Tuesday 5/28/2019 Tuesday 5/28/2019 Friday 5/24/2019 Friday 5/24/2019 Friday 5/31/2019 Weekly and holiday pay schedules are also available on the Sales Professional Access (SPA) website. If you have any questions, please contact your Sales
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Now Available – Updated Product and Underwriting Guides
The Life Insurance Underwriting Guidelines and Product Portfolio have been updated and are now available to order. Click below to view/download directly: Underwriting Guidelines Product Portfolio All materials are available to view/download through SPA or can be ordered through your normal channels. If you have questions, please contact your Account Executive or Sales Director. Now Available – Updated Product and Underwriting Guides #goldencareagent #mutualofomaha
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