Premium Repayment Plans

August 10, 2020 | by | Comments Off on Premium Repayment Plans

Mutual of Omaha remains committed to helping our customers during these challenging times. We continue to follow regulatory guidance on a state-by-state basis regarding extending grace periods and/or non-cancellation/non-renewal requirements on insurance policies. In certain circumstances, clients who have been impacted by the COVID-19 pandemic may be eligible for repayment plans on their deferred premiums. Please direct any clients who inquire about their repayment options to contact Policyowner Services at 800-775-6000.   Premium Repayment Plans   #goldencareagent #mutualofomaha
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Categories: COVID-19, Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).
Tags: compliance, Coronavirus, COVID-19, insurance, mutual of omaha, omaha, pandemic, policyholder, Policyholder Services, policyowner, premium, premium payment, United of Omaha, and virus.

Good News | Electronic Health Records Pilot Launches Monday For Omaha LTCi

August 7, 2020 | by | Comments Off on Good News | Electronic Health Records Pilot Launches Monday For Omaha LTCi

Human API Pilot for LTC Applications Beginning August 10, 2020, Mutual of Omaha will launch a new pilot with Human API to obtain your clients’ electronic health records as part of our underwriting process. This pilot will include Fully Underwritten MutualCare® Solutions Long-Term Care products where ordering of medical records is required. By partnering with Human API, we can provide your clients a simple and secure way to share their health data with Mutual of Omaha. Client participation is completely optional. Click for more information and access to an FAQ     Click Here to add additional carriers & products
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

You Can Avoid LTCi Application Pitfalls

August 7, 2020 | by | Comments Off on You Can Avoid LTCi Application Pitfalls

Did You Know? You can avoid these LTCi application pitfalls It’s a jungle out there. There’s a lot for you to remember, and LTCi is a complicated product. And you certainly don’t want to get through the sales process only to have the application declined, postponed, or withdrawn. Mutual of Omaha’s underwriting team offers these tips to help you avoid LTCi application pitfalls: If clients haven’t had a physical and lab work in the past 2 years, there’s no way to know if they’re healthy. Mutual of Omaha will not be able to insure someone who has not met this
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
Tags: application, e-App, e-Application, electronic application, insurance, Long-Term Care, long-term care insurance, LTC, LTC Conversation, LTC Planning, LTCi, mutual of omaha, omaha, and Underwriting'.

Help Clients Preserve Their Estate with the LTC Rider

August 7, 2020 | by | Comments Off on Help Clients Preserve Their Estate with the LTC Rider

Many people work a lifetime to accumulate assets to pave the way for a comfortable retirement and to leave an inheritance for their children. The last thing anyone wants is to see their hard-earned savings depleted to pay for long-term care services. Long-term care services, however, can quickly erode a client’s assets. The Help Preserve Your Client’s Estate sales idea discusses the need for long-term care services. It also includes a case study that examines the impact a life insurance policy with a long-term care rider can have on a client’s estate using two contrasting scenarios. For even more information
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Categories: Industry News, Life Insurance, Long-Term Care, and Mutual of Omaha (& Affiliates).
Tags: Income Advantage, Income Advantage IUL, insurance, IUL, Life Insurance, Life Protection Advantage, Life Protection Advantage IUL, Long-Term Care, long-term care insurance, LTC, LTC Rider, LTCi, mutual of omaha, omaha, and United of Omaha.

Human API Pilot for LTC Applications

August 6, 2020 | by | Comments Off on Human API Pilot for LTC Applications

Important: This announcement only applies to marketers who do not order their own medical records. Mutual of Omaha is committed to offering you and your clients the tools and resources to make it easy to do business with us. Beginning August 10, 2020, Mutual of Omaha will launch a new pilot with Human API to obtain your clients’ electronic health records as part of our underwriting process. This pilot will include Fully Underwritten Life and Long-Term Care products where ordering of medical records is required. By partnering with Human API, we can provide your clients a simple and secure way
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
Tags: insurance, Long-Term Care, long-term care insurance, LTC, LTC Awareness Month, LTC Conversation, LTC Planning, LTCi, mutual of omaha, and omaha.

NGL’s E-APP Is Now Available In California

August 5, 2020 | by | Comments Off on NGL’s E-APP Is Now Available In California

E-APP now available in California The option to submit applications in California using the E-APP feature is now available, as of July 17. Watch this brief demo on how to easily submit a NGL EssentialLTC long term care application electronically with our E-APP or Upload Documents page. Benefits of using E-APP Safely conduct business from your home. Work with clients nationwide. Share your screen with clients. Efficient and faster application processing. Click here to login to the Agent Resource Center and submit new business.   #goldencareagent #ngl
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Categories: Industry News, Long-Term Care, and National Guardian Life.
Tags: e-App, EssentialLTC, insurance, Long-Term Care, long-term care insurance, LTC, LTCi, National Guardian Life, and NGL.

Premium Not Required For LTC Applications

August 5, 2020 | by | Comments Off on Premium Not Required For LTC Applications

NEW: PREMIUM NOT REQUIRED FOR APPLICATION SUBMISSION WHEN SUBMITTING INDIVIDUAL LTC APPLICATIONS Effective immediately, Transamerica is pleased to share that cash is no longer required at time of application submission. You may now submit applications without initial premium when submitting individual business. Premium payment will become a delivery requirement. However, for clients that wish to bind coverage, the initial premium* must still be paid when the application is submitted. We hope that this option is of value to your business and your clients when appropriate. For questions or assistance with sales, illustrations, or other matters, please contact the Transamerica LTC
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Categories: Industry News and Long-Term Care.
Tags: initial premium, insurance, Long-Term Care, long-term care insurance, LTC, LTCi, premium, premium with application, Transamerica, and Transamerica Life Insurance Company.

Thrivent LTCi and Family History of Alzheimer’s

August 5, 2020 | by | Comments Off on Thrivent LTCi and Family History of Alzheimer’s

Clarification from Thrivent regarding Family History of Alzheimer’s Thrivent underwrites LTCi based on the applicant’s personal health history, with the exception of Early Onset Alzheimer’s Dementia (EOAD). Please refer to the following EOAD guidelines: EOAD Definition: Both parents diagnosed AD prior to age 65 or death from AD prior to age 70 or a parent plus one additional close relative such as a sibling, or aunt, uncle or grandparent on the side of the affected parent with early onset AD. At age equal to or less than 59 years old, whether or not this member showed any symptoms of cognitive
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Categories: Industry News, Long-Term Care, and Thrivent.
Tags: Alzheimer's, Alzheimer's Disease, early-onset Alzheimer's, insurance, Long-Term Care, long-term care insurance, LTC, LTCi, Thrivent, Thrivent Financial, Thrivent Financial for Lutherans, and Underwriting'.

“Genworth Paid $10 Million in Q2 COVID-19 Life Insurance Claims”

August 4, 2020 | by | Comments Off on “Genworth Paid $10 Million in Q2 COVID-19 Life Insurance Claims”

“Genworth Paid $10 Million in Q2 COVID-19 Life Insurance Claims,” by Allison Bell, ThinkAdvisor     Quote: “Genworth Financial paid $10 million in COVID-19-related life insurance claims in the second quarter. … Genworth is not giving details about the effects of COVID-19 on the performance of the LTCI unit, but it did say an increase in deaths improved the unit’s performance. … China Oceanwide Holdings Group Co. Ltd. of Beijing has been trying to acquire Genworth for years. The companies now have all needed U.S. approvals and reapprovals. Tom McInerney, Genworth’s chief executive officer, said that the new hurdle is that, because completing
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Categories: Clippings, Genworth, Industry News, and Long-Term Care.

“It’s ‘never too late’ to prevent or delay dementia, international commission claims”

August 4, 2020 | by | Comments Off on “It’s ‘never too late’ to prevent or delay dementia, international commission claims”

“It’s ‘never too late’ to prevent or delay dementia, international commission claims,” by Alicia Lasek, McKnight’s LTC News   Quote: “Modifying 12 key risk factors could delay or prevent 40% of dementia cases, according to an updated report by the Lancet Commission. Many factors can be tackled late in life, the authors say. The international group of 28 experts has added excessive alcohol intake and head injury in mid-life, as well as air pollution in later life (aged 65 and older), to a list of risk factors it established in 2017. Others include smoking, depression, social isolation, physical inactivity and diabetes later in life,
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Categories: Clippings, Industry News, and Long-Term Care.