GoldenCare Newsletter | February 22, 2021

Read Full GoldenCare Newsletter, February 22, 2021 Edition In this GoldenCare Newsletter Edition From GoldenCare:   TOMORROW! Mutual of Omaha LTCi e-App Demonstration Thurs, Feb. 23, 2021 10:00 AM  to 10:30 AM CST    Diversify your portfolio for greater sales success! Join us for product and sales live and prerecorded training.  Stay up-to-date on the latest products and sales strategies. Check back for our next exciting promotion! Guest Article: “US life expectancy dropped a full year in first half of 2020, according to CDC,” by Deidre McPhillips, CNN Enjoy!   Compliance: REMINDER: Use Correct Version of MutualCare Solutions Application! GoldenCare
Read More

Categories: GoldenCare News, Industry News, Long-Term Care, Mutual of Omaha (& Affiliates), National Guardian Life, and OneAmerica.

You’re Invited! | Updated! Mutual of Omaha LTCi e-App Demo

Electronic applications have never been more fundamental in keeping your insurance business going. Join Jenn Felten for a video tutorial walking-through Mutual of Omaha’s LTC e-App. Attend for tips to avoid common mistakes, review different consumer signature options, and learn what to expect after submission! Register now to reserve your space! Thursday, Feb 25, 2021 10:00 AM  to  10:30 AM CST     Questions or help registering? Call the GoldenCare Marketing Team at 800-842-7799! Don’t forget to subscribe to our News Digest for all the latest announcements from the Top Carriers! Check out GoldenCare News  
Read More

Categories: GoldenCare News, Industry News, and Mutual of Omaha (& Affiliates).

REMINDER: Use Correct Version of MutualCare® Solutions Application!

With each round of Mutual of Omaha’s 2020 Pricing & Benefit changes, the impacted states’ applications are being updated. Be sure you’re using the correct version of the MutualCare® Solutions application. Click here to download forms & materials.   Note: Arizona, Connecticut, Indiana and Vermont have approved the changes, effective March 1, 2021. In these four states, the new application pack cover series will end in _0321. Please discontinue use of all old applications based on the transition rules outlined here.     #goldencareagent #mutualofomaha #MOO #longtermcare
Read More

Categories: GoldenCare News, Industry News, and Mutual of Omaha (& Affiliates).

A Low-Cost Product Offering High Value

When it comes to indexed universal life (IUL) products, it seems like all products use the same general design. It can be tempting to choose a product based on which illustrates best. However, when you look closer at each product illustration, you’ll start to notice some important differences you and your clients should be aware of. These differences are in the product’s charge structure and in the value-added features the products come with. In our newly updated Cost Comparison flyer, you will uncover: How our cumulative charges compare to our competitors This shows how much of the premium goes towards
Read More

Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Priority Income Protection Discontinuation

Mutual of Omaha is committed to providing insurance solutions to help your clients protect their income and future. On October 15, 2020 we launched our new Disability Income product – Mutual Income Solutions. This product features expanded occupation classes, competitive product features and benefits and an all-electronic process allowing you to provide a valuable Disability Income solution to your clients. At this time, we will be discontinuing the Priority Income Protection (PIP) product. See below for more information. Effective Date March 1, 2021 Impacted States All States Transition Rules Priority Income Protection applications must be signed on or before February
Read More

Categories: Disability Income Insurance, Industry News, and Mutual of Omaha (& Affiliates).

REMINDER: Rate Refresh Partner Allowance Guidelines

Mutual of Omaha is allowing a 6-month period for policyholders to receive the “Partner – Both Issued” allowance when partners are issued policies with two different rates (one issued pre rate refresh, one issued post rate refresh). The rule will only apply if the second partner’s policy is issued within 6 months of the rate refresh effective date. Below are scenarios based on a state with a rate refresh implementation date of September 1, 2020 and a six-month deadline of March 1, 2021. Partner A is issued a policy with old rates. The 15% “Partner – One Issued” allowance applies
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Medicare Solutions – Omaha Family of Companies

Medicare Supplement: 2021 March Rate Release Effective March 1, 2021, Illinois, Iowa, South Dakota, and West Virginia will be releasing new rates.   2021 Brokerage Health Webinar Series Reminder Find out how Mutual of Omaha can partner with you to manage and grow your book of business, with this month’s webinar “Service You Can Count On”.   New Medicare Supplement Plans in Arizona Offer your clients in Arizona new competitive Medicare supplement rates underwritten by Mutual of Omaha.   Prescription Drug Plans: New IVR Options for PDP Members There are new options available for PDP members, when they call into
Read More

Categories: Dental, Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

United of Omaha Products are Now Available on InsMark

United of Omaha’s Indexed Universal Life products are now available to bridge into the InsMark Illustration Software. InsMark is a third-party software designed to help create sales concepts that show the long-term benefits of purchasing permanent life insurance. If you are a current InsMark subscriber, you will see the InsMark bridge icon (shown at the right) when you run our indexed universal life insurance products in WinFlex Web. This bridge will take the data from our IUL illustrations and use it within the InsMark sales concept reports. Some examples of the available reports include: Permanent Insurance vs. Term Insurance Other
Read More

Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

COVID tax questions

The Consolidated Appropriations Act (“CAA”) provided coronavirus relief as well as other tax related extensions that will affect your clients. Here are some highlights that relate to individuals. Stimulus checks are back. The amount is $600 per taxpayer and $1,200 for married persons filing jointly along with $600 for each qualifying child. Income limits vary upon marital status. Teachers and instructors who teach grades K-12 are allowed a $250/$500 (Single/MFJ) above the line deduction to allow for the purchase of personal protection equipment and disinfectant. The above the line deduction for $300 of charitable gifts is extended into 2021. There
Read More

Categories: COVID-19, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

A message from our new National Sales Director

A message from our new National Sales Director As you may have heard, we have a new National Sales Director, Corri Campbell. An insurance professional of 24 years, Corri brings enthusiasm, experience across multiple distribution channels and a passion for helping marketers like you build their business. Check out her note to learn more.   Let’s work together   A message from our new National Sales Director   #goldencareagent #mutualofomaha
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).