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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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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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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Stay Up-to-Date on Your Sales Performance
You now have access to your monthly persistency and placement performance on Sales Professional Access (www.mutualofomaha.com/broker). The report is easy to find, simply log in to Sales Professional Access. Click on the Reports Tab, then scroll down to the Persistency/Placement Reporting section. You will be able to search and export the reports as well as drill down by hierarchy. Take a look at our Placement and Persistency Reports Guide for screenshots and the basics of how to access and navigate the reports. We’re pleased to provide reporting that helps you stay up-to-date and able to monitor your performance. Please
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The Cost of Waiting to Buy LTCi
We know your clients are busy. Between work and family, who has time to think about long-term care insurance? But waiting to buy an LTCi policy may cost your clients in the long run. If you have clients who are waiting to buy LTCi, they may become uninsurable or it may be unaffordable by the time they purchase. Let your clients know the importance of not putting off this decision. To learn more about the cost of waiting, click here. Please contact Mutual of Omaha if you have any questions: (800) 693-6083 or sales.support@mutualofomaha.com. The Cost of Waiting to
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Medicare Supplement News – Omaha Family of Companies
One Company/One State Effective April 1, 2018 only Medicare supplement underwritten by United World in IL, IA, NE and WV will be accepted for new business sales. 10th Annual Med Supp Industry Summit Join us in St. Louis for the 10th Annual Medicare Supplement Industry Summit June 12 – 14. Upcoming Rate Adjustments View upcoming Med supp rate adjustments in AL, AZ, MS, NM and TN. • 2010 Modernized In Force Only – MD, MS and TN • 1990 Standardized Rate Adjustments – AL, AZ, MS and NM #goldencareagent #mutualofomaha
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Improved Internal Replacement Process
United of Omaha is updating our requirements for listing other Life Insurance coverage clients may have with Mutual of Omaha companies that have canceled or lapsed within the last 13 months, or that is pending or in-force. Coverage that is pending, or currently in force, is required to be listed on applications under the “Other Coverage” section, with details provided accordingly. Clients who have other coverage with Mutual of Omaha companies that has canceled, or lapsed within the last 13 months, are no longer required to list this coverage on the application. Clients will receive a letter notifying them of
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The GRO Rider – A Unique Feature on Income Advantage IUL
The Guaranteed Refund Option rider is included with all qualifying Income Advantage IUL policies at no additional cost. You may be wondering why clients even need a GRO rider, when most companies illustrate a projected 6 percent (or thereabouts) indexed interest crediting rate. Read the Guaranteed Refund Option on IUL flyer to learn how the GRO rider can help provide clients with an additional layer of protection – especially in an unpredictable market. The GRO Rider – A Unique Feature on Income Advantage IUL #goldencareagent #mutualofomaha
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GoldenCare Newsletter | February 26, 2018
In this GoldenCare Newsletter Edition From GoldenCare: Our Winter 2018 GoldenCare Gazette is now available! See the newsletter for your copy! 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 does not apply in KY. Keep an eye out for an upcoming sales training webinar event featuring a special LTC Industry Expert speaker! To reserve your seats, Click Here. Our Guest Article in this edition is “Will This 1 Expense Prevent You From Living Your Dream Retirement?,” by Maurie
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Update on LTC Rate Increase Quotes
Beginning March 1, 2018, we will no longer be able to run updated quotes on policy forms LTC04I and LTC04G due to rate increases. If your clients request an updated quote, have them contact the LTC administration office at 800-921-9334. This change will not affect rate increases for policy LTC06U. You will still be able to run updated quotes through the Assured Solutions software. If you have any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083 or sales.support@mutualofomaha.com. Update on LTC Rate Increase Quotes #goldencareagent #mutualofomaha
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