We offer Accelerated Death Benefits for Terminal Illness and Chronic Illness which give clients an option to access a portion of their death benefit early. This money can provide a little more comfort during a difficult time or can be used to help cover the costs of long-term care. For the Chronic Illness Rider, the benefit amount is capped each year by the IRS per diem limit. For 2019, this limit has increased to $370 per day (or $135,050 for the year). The following materials have been updated to reflect the extension of the per diem limit into 2018: Accelerated
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Accelerated Underwriting for TLA
Our Accelerated Underwriting program for Term Life Answers is easy. Submit a Speed eTicket (drop ticket), ExamOne contacts the client — we take care of the rest. The best part? We’ll provide an underwriting decision in 48-72 hours! Click here to find out which of your clients could qualify for Accelerated Underwriting. If you have questions, please contact your Mutual of Omaha Account Executive or Sales Director. Accelerated Underwriting for TLA #goldencareagent #mutualofomaha > Related: Accelerated Underwriting for TLA is Here! Coming Soon: Accelerated Underwriting for TLA
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LTC Rider Brochure Now Available in Florida
On November 1, we announced the Florida approval of the new LTC Rider on Income Advantage IUL and Life Protection Advantage IUL. At that time, we were still awaiting approval in Florida on the LTC Rider client brochure. This brochure has now been approved and a state specific version is available for agents selling in the state of Florida. This new brochure helps provide your client with detailed information on the features and benefits of the rider. For even more information on the LTC Rider, including sales ideas and videos, go to MutualofOmaha.com/ltc-rider. LTC Rider Brochure Now Available
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Did You Hear the News?
The Life Product Review has awarded the WYSIWYG Award to both of our IUL products – Income Advantage and Life Protection Advantage. This is an award that Mutual of Omaha is honored to receive, as it aligns with our IUL philosophy. In the industry, IUL products have become extremely complex. We encourage you to ask yourself ‘Are these complex products really what is best for my clients?’ At Mutual of Omaha, we believe there is value in having straightforward IUL products where clients have upside potential and downside protection without all the complexity that you will find in many
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The New LTC Rider is Now Approved in Indiana
On January 1, agents selling in Indiana will now have an additional option to help meet clients’ long-term care planning needs. The new Long-Term Care Rider will be available for you on our Income Advantage and Life Protection Advantage Indexed Universal Life (IUL) insurance policies. The LTC Rider provides: Benefits for Nursing Home, Assisted Living, Home Health Care and Adult Day Care Maximum total benefits up to 100% of the initial specified death benefit 1%, 2% or 4% monthly acceleration percentages One-time, 90 calendar-day elimination period Automatic issue of the Chronic Illness Rider if the client doesn’t qualify for the
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Quote Term Life Answers Today!
In addition to the new Term Life Answers rates we still provide strong conversion privileges. Our liberal conversion privileges help your clients get more out of their term policy and give them options for the future Convert to any permanent life insurance policy offered by United of Omaha at the time – no health questions asked Clients can convert: any time before age 75 on a 10-, 15-, or 20- year policy (even if the original term has expired) OR during the first 20 years for a 30-year policy Click here to learn more about our recent TLA reprice. New
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Continuous Improvements to New Amazon Connect Phone System
In late November, we announced our new implementation of our Amazon Connect phone system for Life and Health Service and Claims. The Call Experience visual depicts the new experience. Overall, we have been pleased with the deployment of the new phone system and have received positive feedback. As with any change, we have also received constructive feedback. One of the major benefits of the Amazon Connect phone system is that we are able to quickly adjust the system and correct issues as they arise. Call Routing Improvements: The new system is designed to help facilitate our new operating model. Today
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New Email Notifications for Clients on Direct Bill
Beginning Thursday, December 13th, we will begin sending email notifications when a renewal premium is due for individual life and individual health customers on direct bill. There are three separate emails the customer may receive when the premium is due: An email notification 10 days prior to the premium due date. A reminder email notification 10 days after the premium due date. This reminder will only be sent if the payment has not been received. A final ‘Act Now’ email notification will be sent 5 days prior to the grace period ending. This final notification will only be sent if
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TLA is Right Up Your Alley
In addition to the new Term Life Answers rates we still offer some of the most competitive Accelerated Death Benefits in the industry. Our Accelerated Death Benefit for Terminal Illness offers one of the highest payout amounts in the industry If your client is diagnosed with a terminal illness, they can access up to 80% of the death benefit or $1 million, whichever is less Most competitors cap their benefit at $250,000 while ours goes up to $1 million Click here to learn more about our recent TLA reprice. New to TLA? Watch this short training video to learn the
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Our IUL Comes with a Guaranteed Refund Option
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 clients with an additional layer of protection – especially in an unpredictable market. Our IUL Comes with a Guaranteed Refund Option #goldencareagent #mutualofomaha
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