If clients go on claim, there is a good chance they may be calling you for help. Here are some materials that will help you and your client through the claims process. Agent Guide – Enhance your knowledge about the LTCI claims process. Point-of-Sale-Brochure – Show prospective clients how the policy they’re considering will work at claim time. Available in all states except FL. Policyholder Guide – Give to policyholders who contact you to initiate a claim. You can download these items now by clicking on the links above, find them on Forms and Materials on SPA, or order through
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Critical Advantage Rate Decrease for Existing Policyholders
We announced earlier this year the Critical Advantage rate decrease of 20% for new customers. Now the rate decrease will be in effect for current policyholders starting on February 1, 2019. The current customers receiving the rate decrease will not have to do anything to get the new rates. Their premiums will be at the new 20% rate cut automatically starting on 02/01/2019. Here is what your clients can expect with the lower rates. Age Current Monthly Rate New Monthly Rates Monthly Savings Yearly Savings 35 $22.81 $18.25 $4.56 $54.72 45 $38.09 $30.48 $7.61 $91.32 55 $59.69 $47.75 $11.94 $143.28
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LTC Rider Brochure Now Available in Florida
On November 1, we announced the Florida approval of the new LTC Rider on Income Advantage IUL and Life Protection Advantage IUL. At that time, we were still awaiting approval in Florida on the LTC Rider client brochure. This brochure has now been approved and a state specific version is available for agents selling in the state of Florida. This new brochure helps provide your client with detailed information on the features and benefits of the rider. For even more information on the LTC Rider, including sales ideas and videos, go to MutualofOmaha.com/ltc-rider. LTC Rider Brochure Now Available
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Did You Hear the News?
The Life Product Review has awarded the WYSIWYG Award to both of our IUL products – Income Advantage and Life Protection Advantage. This is an award that Mutual of Omaha is honored to receive, as it aligns with our IUL philosophy. In the industry, IUL products have become extremely complex. We encourage you to ask yourself ‘Are these complex products really what is best for my clients?’ At Mutual of Omaha, we believe there is value in having straightforward IUL products where clients have upside potential and downside protection without all the complexity that you will find in many
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The New LTC Rider is Now Approved in Indiana
On January 1, agents selling in Indiana will now have an additional option to help meet clients’ long-term care planning needs. The new Long-Term Care Rider will be available for you on our Income Advantage and Life Protection Advantage Indexed Universal Life (IUL) insurance policies. The LTC Rider provides: Benefits for Nursing Home, Assisted Living, Home Health Care and Adult Day Care Maximum total benefits up to 100% of the initial specified death benefit 1%, 2% or 4% monthly acceleration percentages One-time, 90 calendar-day elimination period Automatic issue of the Chronic Illness Rider if the client doesn’t qualify for the
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More States Approved for the Critical Advantage Rate Decrease
Great news! DC, MN, NC and SC can offer the products in the Critical Advantage℠ portfolio with a 20% rate cut starting January 1, 2019! Your clients will get the same great coverage for less money, which could mean more sales for you. Check out how much they can save below. Age New Monthly Rate Previous Monthly Rate Monthly Savings Yearly Savings 35 $18.25 $22.81 $4.56 $54.72 45 $30.48 $38.09 $7.61 $91.32 55 $47.75 $59.69 $11.94 $143.28 65 $69.35 $86.69 $17.34 $208.08 This example is a Cancer policy with a $30,000 benefit amount and lifetime coverage. Check out this
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The New and Improved Critical Advantage Application Now in More States
We announced improvements to the Critical Advantage application in July. Now the new app will be approved in Michigan and Pennsylvania starting January 1, 2019. Here are the advantages to the new app. Cancer application Changed the cancer look-back question from lifetime to 10 years Modified look back testing question from 5 to 3 years Only 3 health questions Heart attack and stroke application Changed the heart attack and stroke look back question from lifetime to 10 years Modified look back treatment/testing question from 5 to 3 years Loosened diabetes question Removed high blood pressure question Critical Illness application Changed
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Quote Term Life Answers Today!
In addition to the new Term Life Answers rates we still provide strong conversion privileges. Our liberal conversion privileges help your clients get more out of their term policy and give them options for the future Convert to any permanent life insurance policy offered by United of Omaha at the time – no health questions asked Clients can convert: any time before age 75 on a 10-, 15-, or 20- year policy (even if the original term has expired) OR during the first 20 years for a 30-year policy Click here to learn more about our recent TLA reprice. New
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GoldenCare Newsletter | December 17, 2018
In this GoldenCare Newsletter Edition From GoldenCare: Announcement: Mark Randall: The LTC Industry mourns the loss of one of its great leaders. GoldenCare is sorry to announce the loss of Mark Randall, an innovative voice in the Long-Term Care Insurance industry, a key leader, excellent teacher, and close friend. His influence continues today having trained many thousands of agents. Not only did he work with insurance companies to develop new products to address consumer needs, he also developed one of GoldenCare’s premier agent training and sales software kits, the LTC CEO. Mark was also instrumental in bringing his two
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Get Those Apps In! One Week Left!
WIN a $150 Amazon.com Gift Card† for every issued Mutual of Omaha LTC policy* written between October 15 and December 31. Not selling Mutual of Omaha yet? Click here to add carriers & products to your appointments. * For Complete Promotion Details, Rules & Conditions, Click Here. For producer use only. Not for use with the general public. Questions? Call our 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 If you have questions or need additional information, please call us at 1-800-842-7799. #goldencare
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