The Beauty of the Buy-Up Option

Did you know? There’s beauty in the buy-up option. Your clients want to know the long-term care policy they purchase today will be adequate to help them pay for the services they’ll need in the future. That’s whythe MutualCare® Custom Solution includes a buy-up option that allows them to increase their inflation protection percentage once a year. This important policy benefit also gives them the option to decrease their inflation percentage at any time. And here’s the beauty… any gains previously applied to the policy are theirs to keep. Offering a policy with the flexibility to adjust benefits to meet
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Medicare News – Omaha Family of Companies

Medicare Supplement: Upcoming Rate Adjustments View upcoming rate adjustments for Mississippi and Virginia. One Company/One State-MT and VA Effective January 1, 2020, only applications underwritten by Mutual of Omaha for Montana and Virginia will be accepted for new business and conversions.   Medicare Advantage and Prescription Drug Plans: AEP is Almost Over- What Next? While AEP May Soon be Over, There’s Still Work to Do. Understanding Rapid Disenrollments and Special Enrollment Periods.   #goldencareagent #mutualofomaha
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

New IUL Express Client Video Now Available

Our new client-approved video helps you explain how an IUL Express product works and the benefits an IUL Express policy has to offer. Watch it now and share it with your clients. The new video is available, along with other IUL Express materials, on our new simplified issue microsite, mutualofomaha.com/simple.    If you have any questions, please contact your Mutual of Omaha’s Sales Support at (800) 693-6083 or email sales.support@mutualofomaha.com.   New IUL Express Client Video Now Available   #goldencareagent #mutualofomaha #iul
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Wrapping Up 2019: A Note from Steve Pike

A Note from Steve Pike It’s been a great year! Together, we’re fulfilling our shared mission to help people protect their families, their finances and their futures with long-term care insurance. Looking ahead to 2020, we remain committed to providing the products, services and support you and your agents need. Please accept our sincere thanks for the LTC business you placed with us in 2019. We look forward to helping you grow sales in the coming year. Have a safe and happy holiday season! Steve Pike National Sales Director – LTC, DI, CI   #goldencareagent #mutualofomaha #stevepike #longtermcare
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Categories: Critical Illness, Disability Income Insurance, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

External Replacement Guidelines

Since September 1, 2015, United of Omaha has not accepted external replacements on simplified issue life insurance applications in Kentucky, Kansas or West Virginia. Please make sure you are aware of the external replacement guidelines below. Products impacted Term Life Express Guaranteed Universal Life Express Living Promise Whole Life (Final Expense) Children’s Whole Life Indexed Universal Life Express Any simplified issue application taken in Kentucky, Kansas or West Virginia stating an external replacement is involved, will not be accepted. External replacements will be considered on fully underwritten products in these states on a case by case basis. It is required
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Upcoming Changes to Our Life Product Portfolio

Mutual of Omaha is financially strong and we continue to focus on growing our company. Our commitment to growth is what helps ensure that we’ll be around when it comes time for us to deliver on the promises we’ve made to our policyholders. This continued growth requires an investment of capital, and as a mutual company, we rely primarily on our earnings to create new capital. Recently, statutory earnings have been impacted by several economic factors, including a prolonged low interest rate environment. We’re proactively addressing this trend in 2020 to produce positive statutory earnings and maintain our long-term financial
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

2020 Life Product Changes: Transition Rules

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. Below is a summary of the transition rules. More information on these product changes and transition rules can be found in our 2020 Life Product Changes Frequently Asked Questions document.   GUL and TLE 20-Year ROP policies: You will still be able to submit applications for GUL and TLE 20-year ROP
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

December 19th LTC Underwriting Teleconference: Other Than Applied

Have you added the next LTC Underwriting Teleconference to your calendar yet? Don’t miss December’s Topic: What Happens With Other Than Applied Our Final Underwriting Teleconference is scheduled for Thursday, December 19, 2019, 10 a.m. CST When: Thursday, December 19th at 10 am Central Conference Number: 1-866-220-3018 Conference ID: 9182458 Check out this flyer for all the details.   Do you have questions on the topic, or do you have something you’d like to discuss? Email distribution.marketing@mutualofomaha.com prior to the teleconference.   December 19th LTC Underwriting Teleconference: Other Than Applied   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Custom and Secure Brochures Now Available in California

The redesigned MutualCare® Custom and Secure consumer brochures are now available for the state of California. Please discontinue use of old materials. To view/print the redesigned CA MutualCare® Custom Solution brochure, click the image to the left or click here. The new pieces are also available to order through your normal ordering channels.   Custom and Secure Brochures Now Available in California   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Medicare News – Omaha Family of Companies

Medicare Supplement: Upcoming Rate Adjustments Upcoming rate adjustments for IL and MO.   Medicare Advantage and Prescription Drug Plans: PDP Application Clarification See clarification regarding Mutual of Omaha RX Enrollment Form.   #goldencareagent #mutualofomaha
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).