In this GoldenCare Newsletter Edition From GoldenCare: 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 “How to Use RMDs to a Client’s Advantage: Morningstar’s Benz,” by Jane Wollman Rusoff, ThinkAdvisor Enjoy! Compliance: No compliance in this edition. Industry Updates: From Mutual of
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(Legacy) Rate Adjustments Effective May 1, 2018 – VA
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. In order to fulfill this commitment, we actively monitor emerging industry trends as well as our own experience so we can make the adjustments necessary that will allow 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 May 1, 2018: Block of Business Impacted States NHA, LTA, HCA, LT50 & NH50 Virginia For a complete
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Rate Adjustments Effective April 1, 2018 – AR, SC
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. In order to fulfill this commitment, we actively monitor emerging industry trends as well as our own experience so we can make the adjustments necessary that will allow 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, 2018: Block of Business Impacted States LTC06UI Arkansas, South Carolina For a complete rate history, see
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Payment Change – Broker Bonus Program
Good news! All apps that qualify for payment under the rules of our current Medicare supplement Broker Bonus programs will be paid as long as the policy is in force at the time of the payment. The criteria that qualified apps must be effective as of February 1, 2018 has been eliminated. Our two current Broker Bonus Program contest periods and states are listed below. September 25, 2017 – January 31, 2018 ( AZ, FL, GA, MS, NV, NJ, NC, OH, PA, SC, TN, TX, UT and WI) December 1, 2017 – January 31, 2018 (AL, NH, NM, SD and
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Customers Can Access Underwriting Lab Results Online
Effective January 1, 2018, customers can now access their underwriting lab results from CRL or ExamOne online. When the examiner is with your client, they will give the client instructions on how to access their results online. This new process will eliminate the paper letter with the results. This applies to all fully underwritten Life and Disability Income policies. If you have any questions, please contact our underwriting call center at 800-715-4376. Customers Can Access Underwriting Lab Results Online #goldencareagent #mutualofomaha
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Children’s Whole Life Product Enhancements
Children’s Whole Life coverage is a natural fit for parents and grandparents who want to protect their children and grandchildren. As you know, CWL is an affordable express policy that allows clients to lock in low premiums and future insurability throughout the lifetime of their child or grandchild. Effective January 22, 2018, CWL – with some important revisions – can do more than ever to protect children’s financial future. Product Enhancements Increased maximum face amount Current Maximum Face Amount – $30,000 NEW Maximum Face Amount – $50,000 Improved Guaranteed Insurability Rider Current rider triggers for additional coverage Can add additional
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Good News | LTCi Tax Flyers Updated For 2018
LTCi Tax Flyers Updated For 2018 It’s a new year and it’s time to start thinking about taxes. Mutual of Omaha’s LTCi tax flyers have been updated with the 2018 tax amounts. Let your clients know buying a tax-qualified long-term care insurance policy may offer tax advantages. Also, if you have clients who are small business owners, there may be significant tax savings if they use business dollars to purchase long-term care insurance. For more information on the tax advantages of LTCi policies, review the following: For tax advantages for consumers, click here. For tax advantages for small business
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LTCi Tax Flyer Updates
It’s a new year and it’s time to start thinking about taxes. The LTCi tax flyers have been updated with the 2018 tax amounts. Let your clients know buying a tax-qualified long-term care insurance policy may offer tax advantages. Also, if you have clients who are small business owners, there may be significant tax savings if they use business dollars to purchase long-term care insurance. For more information on the tax advantages of LTCi policies, review the following: For tax advantages for consumers, click here. For tax advantages for small business owners, click here. If you have any questions, please
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GoldenCare Newsletter | December 29, 2017
In this GoldenCare Newsletter Edition From GoldenCare: The GoldenCare Office will be closed Monday, January 1st for New Year’s. Join us for complimentary product and sales training and receive a Continuing Education Voucher for each unique event! Voucher does not apply in KY. SPECIAL: We are honored to bring you one of the most influential and respected people in long-term care for this year’s Industry Updates 2017 Grand Finale, Steve Moses, President of the Center for Long-Term Care Reform! This is a must-see presentation that will not repeat! Reserve your seats for this special event now, Click Here. Our Guest Article in
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Good News | Thank You and Merry Christmas from Mutual of Omaha
Mutual of Omaha: Thank You and Happy Holidays! “It’s that time of year when we consider the relationships that are most important to us. We send holiday cards and celebrate the special moments we’ve shared over the past year. Along with our family and close friends, the business relationship we hold with you is just as important. “To that end, we want you to know how much we appreciate our relationship. …” Click below to continue reading a special holiday message from Jess Grace, Senior Vice President, Life Brokerage Sales, and Randy Mousel, Senior Vice President, Health Brokerage Sales. Mutual of
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