Using Life Insurance to Satisfy the Requirements of a Divorce Decree

When a couple gets divorced, the court often requires alimony or child support payments. But, what if the spouse who is responsible for the court-ordered payments dies? The surviving ex-spouse will no longer receive payments and may not have the means to support himself or herself, or to adequately support their family, if children are involved. That’s why an increasing number of decrees require the support-paying spouse to purchase a life insurance policy on his or her life with their ex-spouse as the beneficiary – at least for a specified period of time. Since critical advantage pays a lump sum
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

New Supply Order Form

A new Supply Order Form AFN42854_1017 is now available for use on all product lines when placing email orders for marketing materials through our Sales Support area. Please begin using this new form immediately. Attached for your convenience is a fillable PDF document that can be downloaded and saved to your files. When needed, complete the order form and email to: fulfillment.services@mutualofomaha.com. The order form is also available to view and download on Sales Professional Access www.mutualofomaha.com/broker under Forms and Materials. If you have questions, please call Mutual of Omaha’s Sales Support at (800) 693-6083.   New Supply Order Form
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Categories: Critical Illness, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Term Life Express Enhancements

Effective October 1, 2017, we are lowering our premiums on our 10T product; You will see a 5% decrease in female rates and a 10% decrease in male rates. We are also adding a new feature to our quoting tool. When you pull a Term Life Express quote for 20T ROP or 30T ROP you will now be able to see the calculation for the paid-up amount. The quoting tool is available on the web as well as our Quotes for Sales Professionals app, and will be updated with the new rates and features on October 1. If you have
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Gerber Life’s new Legacy and Last Wishes Guide

Gerber Life makes it easy with our new Legacy and Last Wishes Guide. This Guide is designed to help your clients organize important information, provide key contacts and document their last wishes in an easy-to-use format. By completing the Guide, your clients can bring a source of comfort to their families during a time of great emotional stress. Plus, they can rest assured that their families will know what steps to take and who to contact to finalize their affairs at the time of their passing. Don’t delay. Help your clients be the unsung hero they’ve always been by presenting
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Categories: Gerber Life, Industry News, and Life Insurance.

Sentinel – New Agent Portal Now Live!

We are pleased to announce that our New Agent Portal is up and running! Now, you can manage your Sentinel business using a single sign-on, which will include commission statements, product forms, real-time status on pending applications, client policy information including current status, training materials, and illustration software links. The new portal is responsive and easier than ever to use on mobile devices. So, how to you get started? The new Agent Portal can be accessed by clicking on the “Agent” tab of our website, www.sslco.com. You will be directed to a page that explains the changes and then prompts
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Categories: Industry News, Life Insurance, Medicare Supp./Adv., and Sentinel Security Life.

Count on Mutual of Omaha for Life

We’re right in the middle of Life Insurance Awareness Month. And, at Mutual of Omaha we want to take care of your clients’ life insurance needs. For example, did you know we offer the following three complimentary underwriting services? Age last birthday pricing The Fit credit program Liberal retention, autobind and jumbo limits These services are just one of the ways we are there for both you and your clients. Learn more about our products and services and how we can be your partner for life. If you have questions please contact Mutual of Omaha’s Sales Support at 800-693-6083.  
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Upcoming Changes to Our Term Life Express Portfolio

Mutual of Omaha is committed to providing insurance solutions to help you protect your customers and prepare them for the future. Effective October 1, 2017, we will be adjusting our pricing and updating the products available in the Term Life Express portfolio Pricing Change Information You will see a 5% reduction in female rates and a 10% reduction in male rates for TLE 10T premiums. Portfolio Change Information We will be removing the 20T/5 and 30T/5 short guarantee products. Transition Rules Term Life Express 10T applications signed October 1, 2017 and later will get the new rates Applications signed before
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Flexible Payment Form Update

Last month we announced we offer flexible payment date options for your customers on their reoccurring automatic deductions. We have been in the process of updating the application packets for each product with the new form. At this time, all application packets have been updated, except for NY for Children’s Whole Life. See below for additional product information. Living Promise (Final Expense): Available on e-App and paper application The application packets have been updated with the new payment authorization form. The e-App screens have been updated to allow you to select flexible payment dates. Children’s Whole Life (CWL): Available for
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Transamerica Product Update: TOP and TOP Plus programs

TOP and TOP Plus programs will no longer be available for sale effective September 23, 2017 At Transamerica, we continue to seek ways to improve our services, offerings, and processes. We’re streamlining our product line to focus on the products you’ve told us are the most important. TOP and TOP Plus programs will no longer be available for sale effective September 23, 2017. All applications must be received in the home office prior to 4:00 PM ET on Friday, September 22, 2017, to be processed. We appreciate our continued relationship and value your input and support as we develop new
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Categories: Industry News, Life Insurance, and Transamerica.

September: It’s the Perfect Time to Protect Your Clients

When it comes to protecting clients’ loved ones, we have the products you can count on. As you head into Life Insurance Awareness Month, here are a few reasons for you to choose Mutual of Omaha. Income Advantage IUL offers clients death benefit protection with income potential. It features competitive cap rates and strong index loan provisions Our new Life Protection Advantage IUL dominates much of the full-pay IUL market when carrying the product to age 120 at conservative interest rates. And, if the client chooses to pay slightly more than the premium projected to carry the policy to age
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).