Medicare News – Omaha Family of Companies

Medicare Supplement: Save Yourself a Phone Call Some tips to find answers to your underwriting questions that can save you a phone call.   High Deductible Plan F The High Deductible Plan F will no longer be available for new business sales in AL, GA, MA, MT, OH, TN, TX, VA and WY effective 1/1/20.   2020 Q1 Broker Bonus Program See details regarding the 1st quarter Broker Bonus Program starting January 1, 2020.   Medicare Advantage and Prescription Drug Plans: MA and PDP- Bits and Pieces With AEP over here are a few bits of information you should know
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Rate Adjustments Effective March 1, 2020

Long-Term Care insurance (LTCi) is a core product for Mutual of Omaha, and we intend to remain a key player in this market for years to come. To fulfill this commitment, we actively monitor emerging industry trends and make any adjustments necessary that enable us to keep our promises to policyholders and remain competitive in the marketplace. For this reason, we will be implementing the following rate adjustments effective March 1, 2020: Block of Business Impacted States NHA, LTA, HCA, LT50, NH50 Illinois   For a complete rate history, see the state approval grid on Sales Professional Access. Policyholder Notification
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Upcoming Life Rate and Product Changes Effective January 1, 2020

Effective January 1, 2020, we will be: Increasing the cap on our 100% Participation Rate Strategy for Life Protection Advantage IUL Decreasing our crediting rate on AccumUL Answers Repricing our AccumUL Answers product Life Protection Advantage IUL Cap Increase: The cap for the 100% Participation Strategy on Life Protection Advantage IUL will increase from 9% to 10%. This rate change will apply to newly issued policies, as well as to any in force policies with a segment that is created (with new premium dollars) or renews on January 10, 2020. With the sweep feature, all money received in the home
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Rate Adjustments Effective April 1, 2020

Long-Term Care insurance (LTCi) is a core product for Mutual of Omaha, and we intend to remain a key player in this market for years to come. To fulfill this commitment, we actively monitor emerging industry trends and make any adjustments necessary that enable us to keep our promises to policyholders and remain competitive in the marketplace. For this reason, we will be implementing the following rate adjustments effective April 1, 2020: Block of Business Impacted States LTC04G, LTC04I and LTC06UI Maine   For a complete rate history, see the state approval grid on Sales Professional Access. Policyholder Notification Process
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Living Promise e-App Now Has Bank Validation

When you enter your client’s payment information you want to ensure everything is correct. With bank validation, your client’s bank routing and account numbers will be verified to ensure they are a match. If they aren’t you’ll receive an error message so you can correct the payment information on the spot. Just one more great reason to use our Living Promise e-App. If you have any additional questions, please contact your Mutual of Omaha Life Sale Director or Account Executive.   Living Promise e-App Now Has Bank Validation   #goldencareagent #mutualofomaha
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Who Buys Disability Income Insurance from Mutual of Omaha?

Our disability income insurance is designed for the middle market, it’s the perfect product to boost your cross-selling efforts, help you gain referrals and build a more robust client base. DI completes your clients’ financial protection plan. Customers who buy disability income insurance from us are identified as: Having an income between $40,000-$150,000 30-50 year olds Risk adverse Having something to protect Recently married New parents Family oriented Homeowners Self-employed Business owners Single-parent families The best part about finding people to talk to about DI is that you don’t need to look far. Almost everyone you interact with daily fits
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Categories: Disability Income Insurance, Industry News, and Mutual of Omaha (& Affiliates).

Reminder: Upcoming Changes to Our Life Portfolio

As a reminder, effective January 1, 2020, we will be making changes to our life product portfolio, including discontinuing our Guaranteed Universal Life product, repricing our Level and Graded Living Promise Whole Life final expense products, repricing our Term Life Express Non-ROP product and discontinuing our Term Life Express 20-Year ROP product. Read the Upcoming Changes to Our Life Portfolio article for complete details on the changes. Read the 2020 Life Product Changes: Transition Rules article to get the full transition rules. Read the FAQ document to get answers to any questions you may have regarding the upcoming changes. If
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Good News | Happy Holidays from Mutual of Omaha

  Happy Holidays from Mutual of Omaha Season’s Greetings As another year comes to an end, it’s important to take a moment to reflect on the many sales successes you’ve had and the strong relationships we’ve built. We look forward to more great things in 2020. Have a safe and happy holiday season! From Amanda Blackburn and all your friends at Mutual of Omaha Happy Holidays from Mutual of Omaha   Read Full Good News Article Questions? 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
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Happy Holidays from Mutual of Omaha

Season’s Greetings As another year comes to an end, it’s important to take a moment to reflect on the many sales successes you’ve had and the strong relationships we’ve built. We look forward to more great things in 2020. Have a safe and happy holiday season!   From Amanda Blackburn and all your friends at Mutual of Omaha Amanda Blackburn Brokerage Health Sales Director (800) 693-6083 Contact Me     #goldencareagent #mutualofomaha
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Categories: GoldenCare News, Industry News, and Mutual of Omaha (& Affiliates).

Reminder: End of Year Pay Schedule

As the holiday season quickly approaches, it’s easy to forget important dates with all the hustle and bustle. Don’t forget to mark our end of year pay dates in your calendar. Mutual of Omaha and its affiliates (United of Omaha and United World) will be closed on the following days: Christmas: Wednesday, December 25, 2019 New Year’s Day: Wednesday, January 1, 2020 The past pay cutoff in 2019 for Life is December 30 and for Health is December 27. This is the last pay cycle to be paid in 2019. Life Cutoff Dates Holiday Date Holiday Observed Cutoff – New
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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).