Mutual of Omaha Reports 2017 Financial Results

03.13.18 OMAHA, Neb. – Mutual of Omaha today reported record 2017 GAAP pre-tax operating income of $554.8 million on revenues of $8.7 billion, compared with operating income of $526.3 million on revenues of $7.9 billion in 2016. Net income after taxes was $862.6 million, compared with $356.6 million in 2016. Net income for 2017 included non-recurring net favorable items of $469.4 million related to the Tax Cuts and Jobs Act. “Mutual of Omaha is a financially strong organization,” said Chairman and CEO James Blackledge. “As a mutual company, we exist for our policyholders. Profitable growth enables us to maintain the
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Categories: Industry News and Mutual of Omaha (& Affiliates).

Ohio Severe Storms – Disaster Notification

Area(s) affected: Ohio Counties: Adams, Athens, Belmont, Brown, Clermont, Columbiana, Gallia, Hamilton, Hocking, Jackson, Jefferson, Lawrence, Meigs, Monroe, Muskingum, Scioto and Washington. Start date: February 19, 2018 End date: May 24, 2018 Mutual of Omaha is in the process of identifying customers affected by this event. A special note will be added to these policies in the near future. The grace period will be extended by an additional 30 days on affected policies as well as a message being added to our eService tool. We will exercise leniency in dealing with our customers that have been affected and allow exceptions
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Categories: Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Quick Tip: Quoting with MutualCare® Solutions Software

Scenario: Your clients are considering a Custom Solution long-term care insurance plan with Mutual of Omaha, but are weighing cost and benefit between several different plan designs. The couple may decide on any of the options. How can you quickly and easily compare each plan design, and prevent yourself from having to re-build the plan design they choose? Use the “Quotes” section within your software! Found just below your Agent information, this software feature allows you to easily keep track of different plan designs, toggle between each to show the impact on cost, and have the ability to save many
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Good News | 4 More States Approve Omaha’s Dental Insurance

  Mutual of Omaha’s Dental Plans Approved In 4 More States Effective March 16, 2018, you may begin selling our Mutual Dental PreferredSM and Mutual Dental ProtectionSM insurance policies with an optional vision care rider in four additional states: Illinois, Kansas, Maine & Utah. There are four easy ways to apply: Use the stand-alone Dental e-Application Seamlessly move from the Med Supp e-App to the Dental e-App with certain fields pre-populated for convenience Use the stand-alone paper application Use the combo Med Supp/Dental paper application for convenient cross-selling capabilities Product Launch and e-App Access Details Questions? Call our Marketing Team
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Categories: GoldenCare News, Industry News, and Mutual of Omaha (& Affiliates).

GoldenCare Newsletter | March 12, 2018

In this GoldenCare Newsletter Edition From GoldenCare: Our Winter 2018 GoldenCare Gazette is now available!   See the newsletter for your copy! New!! Guarantee Trust Life Insurance Company’s recently-launched Home Health Care product complements the Critical Cash plan so well – it’s a close comparison!  Now through the end of May, write both policies on an individual client and DOUBLE your earnings! Get all the details in this Edition.  Good Luck! Diversify your portfolio for greater sales success! Our new training schedule is posted!  Join us for complimentary product and sales training and receive a Continuing Education Voucher for each unique event!  Voucher
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Categories: Genworth, GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, Mutual of Omaha (& Affiliates), National Guardian Life, Securian, and Transamerica.

Dental Insurance Product Release – IL, KS, ME, UT

Effective March 16, 2018, you may begin selling our Mutual Dental PreferredSM and Mutual Dental ProtectionSM insurance policies with an optional vision care rider underwritten by Mutual of Omaha Insurance Company in the following states: Illinois Kansas Maine Utah     While this product is positioned for individuals who are Medicare eligible, the issue age is 19 – 99 for these policies. For more information and to see rates view the Dental Insurance Product and Rate Guide. Appointment: If you are not already appointed for the Dental product, click here to add this product to your appointments. Dental E-App available
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Categories: Dental, Industry News, and Mutual of Omaha (& Affiliates).

Now Available – Broker Compensation Statements in Excel Format

Effective immediately, you will be receiving your Broker Compensation Statements in the Excel format as well as the current PDF format you are used to. For those of you who are on daily pay, you may have already noticed of this new enhancement. Your feedback allows us to make changes such as these and remain your carrier of choice. If you have any questions, please contact GoldenCare’s Sales Team at 800-842-7799.   Now Available – Broker Compensation Statements in Excel Format   #goldencareagent #mutualofomaha >   Related: Coming Soon — New Format for Broker Compensation Statements
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Categories: Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Indiana Flooding – Disaster Relief

Disaster Name: Indiana Flooding Area(s) affected: Indiana Counties: Benton, Carroll, Clark, Crawford, Dearborn, Elkhart, Floyd, Fulton, Harrison, Jasper, Jefferson, Lake, Marshall, Ohio, Perry, Pulaski, Spencer, St. Joseph, Starke, Switzerland, Warrick and White. Start date: February 19, 2018 End date: To Be Determined Mutual of Omaha is identifying the customers affected by this event. A special note will be added to these policies in the near future. The grace period will be extended by an additional 60 days on affected policies as well as a special message being added to eService. We need to exercise leniency in dealing with our customers
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Categories: Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Critical Advantage Underwriting Guide Updates

The Critical Advantage underwriting guide has been updated with the following changes: Dependent child and partner conversion option and partner continuation of insurance have been added. Email and e-App options have been added to application submission and quote sections. Collected premium on incomplete or denied applications has been changed from ‘will be refunded’ to ‘will be destroyed’. Premium processing has added, no money orders, cashiers checks or collection on delivery. A state difference matrix has been added. The updated underwriting guide is available on MOD, SPA and forms and materials   If you have any questions, please contact Mutual of
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Categories: Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).

Reduce the Burden of Caregiving with Long-Term Care Insurance

If your client’s plan is relying on family to care for them if the need for long-term care services arises, show them that an LTCi policy is a better plan. Being a full or part-time caregiver to a loved one is one of the toughest, most demanding and financially limiting jobs someone can do. Some of the built in benefits of an LTCi policy include home health care, facility care, respite care and hospice care. Having these benefits will help ease the burden of caregiving for family members. To learn more about a better solution than relying on family members,
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).