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 and Life Insurance.

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).

September: Life Insurance Awareness Month

September is life insurance awareness month September is life insurance awareness month and a great reason to educate current and potential clients about the importance of life insurance. Check out our new LIAM page with our life insurance needs analysis calculator to help your clients determine how much coverage they need to adequately protect their families. Learn More >   Check out Securian’s Facebook page for LIAM updates in September!   Learn More >   2017 Life Happens spokesperson Danica Patrick is this year’s LIAM spokesperson. Learn more about her story and why she is encouraging everyone to get financially fit with
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Categories: Industry News, Life Insurance, Linked Benefit/Hybrids, and Securian.

Sentinel – New Agent Portal

New Agent Portal – Scheduled to Launch September 11, 2017! We are updating our Agent Portal to provide better services for you! Soon you will be able to access your client files, commission statements, illustration software, electronic applications and product forms all from one website using one login. Stay tuned for more information. #goldencareagent #sentinel >   Related: Sentinel Independence Day Holiday Office Hours
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Categories: Industry News, Life Insurance, and Medicare Supp./Adv..

Disaster Relief Notification – Hurricane Harvey

Mutual of Omaha is in the process of identifying the customers affected by Hurricane Harvey, and a note will be added to the customer accounts. The grace period will be extended by 30 days on affected policies as well as a special message being added on eService. For plans providing prescription benefits, the state is requesting us to authorize payments to pharmacies for up to a 90 day supply. We need to exercise leniency in dealing with our customers that have been affected and allow exceptions to contract requirements when our customers are displaced from their homes. Please keep this
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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).

Customer Email Notifications

Customers who are currently set up for automatic deductions and enrolled in Customer Access will begin receiving a notification email when a renewal payment is about to be deducted from their bank account. The reminder email will include a link to Customer Access so your customers can make changes, if necessary before their renewal payment is withdrawn from their account. Customers who are signed up for automatic deductions will be receiving an email next week informing them they will begin receiving these email notifications. If you have questions, please contact your Mutual of Omaha Sales Director or Account Executive.  
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Credit Card Payment Options are Now Available for In-Force Policies

Your customers can now make a renewal payment on an in force policy by making a one-time charge to their credit card. Your customers are able to use credit, debit and Social Security Direct Express cards for these one-time charges – and there is no additional fee. Available on these products for all states, except New York: Term Life Express (TLE) Living Promise (Final Expense) Children’s Whole Life (CWL) Term Life Answers (TLA) How your customers can pay by credit card: Your customers have two options for paying with credit card. They can log in to Customer Access before their
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Transamerica: Primary Lab Partnership for Paramedical Services

Primary Lab for Paramedical Services We have selected Clinical Reference Laboratory (CRL) as the primary laboratory for specimens collected during paramedical examinations. CRL is not a new vendor, we are just expanding their role. You may notice that specimens are going to CRL. This change allows us to take advantage of our strategic relationship with CRL. This transition should be transparent to you and our applicants. You may track your client’s specimen if you have the labslip number or the FedEx airbill number by accessing CRL’s status website. Enter http://status.crlcorp.com in your browser, then enter the labslip number or airbill
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Categories: Industry News and Life Insurance.