We are are updating our Living Promise e-Application to a new version with updated features, making it easier for you to conduct business. Coming Soon to the Living Promise e-App Consolidated Screens – Fewer screens with a cleaner design Address Prefill – Begin typing in your client’s address and prefill options will populate for you to choose from Touch-to-Sign – Your clients will have the ability to sign using a stylus or their fingertip Important Reminders To avoid delays in policy issue, please submit your current e-Apps (all signatures completed) by October 21, 2017. If you have any questions,
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Using Life Insurance to Satisfy the Requirements of a Divorce Decree
When a couple gets divorced, the court often requires alimony or child support payments. But, what if the spouse who is responsible for the court-ordered payments dies? The surviving ex-spouse will no longer receive payments and may not have the means to support himself or herself, or to adequately support their family, if children are involved. That’s why an increasing number of decrees require the support-paying spouse to purchase a life insurance policy on his or her life with their ex-spouse as the beneficiary – at least for a specified period of time. Since critical advantage pays a lump sum
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Omaha: Broker Bonus Program
Now you can make even more bucks on your Medicare supplements and SELECT underwritten business. We are happy to announce our new Broker Bonus Program! You will receive a cash bonus when you sell our Medicare supplement and SELECT products in the following states from September 25, 2017 – January 31, 2018. Arizona Nevada Pennsylvania Texas Florida New Jersey South Carolina Utah Georiga North Carolina Tennessee Wisconsin Mississippi Ohio How the program works Apps signed September 25, 2017 — January 31, 2018 must be issued and effective before February 1, 2018 Minimum five issued policies in a month to
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LTCi Underwriting Update: “Other than applied for” cases
In an effort to increase customer satisfaction with a Long-Term Care policy issued by Mutual of Omaha and align ourselves with other Mutual of Omaha Underwriting Departments, we plan to implement a new process effective October 1, 2017. Effective October 1, 2017, when a case has been approved “other than applied for” (except for a better rate), Underwriting will reach out to the producer and inquire whether the producer will be able to place the policy with the rate and benefit changes (if any) proposed by Underwriting. Underwriting will hold the policy for 14 calendar days for the producer to
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LTCi Premium Paid to Date and Termination Date Changes
Effective 10/16/17, when the full modal premium is not received, the policy will terminate as of the paid to date and the partial payment will be refunded. The following disclosures will be added to the final billing notice and also the billing statement in order to ensure that your clients are put on notice of this handling. Final Billing Notice Important: If the full balance due is not received by the end of the grace period, your coverage will terminate as of the date the premium was due (except in Maryland which will cancel as of the last day of
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New Supply Order Form
A new Supply Order Form AFN42854_1017 is now available for use on all product lines when placing email orders for marketing materials through our Sales Support area. Please begin using this new form immediately. Attached for your convenience is a fillable PDF document that can be downloaded and saved to your files. When needed, complete the order form and email to: fulfillment.services@mutualofomaha.com. The order form is also available to view and download on Sales Professional Access www.mutualofomaha.com/broker under Forms and Materials. If you have questions, please call Mutual of Omaha’s Sales Support at (800) 693-6083. New Supply Order Form
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Medicare Supplement News – Omaha Family of Companies
Plan N Rate Adjustment Please view the upcoming Plan N Rate Adjustment in Tennessee. Broker Bonus Program We are happy to announce our new Broker Bonus Program. Now you can make even more bucks on your Medicare supplements and SELECT underwritten business. #goldencareagent
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Term Life Express Enhancements
Effective October 1, 2017, we are lowering our premiums on our 10T product; You will see a 5% decrease in female rates and a 10% decrease in male rates. We are also adding a new feature to our quoting tool. When you pull a Term Life Express quote for 20T ROP or 30T ROP you will now be able to see the calculation for the paid-up amount. The quoting tool is available on the web as well as our Quotes for Sales Professionals app, and will be updated with the new rates and features on October 1. If you have
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GoldenCare Newsletter | September 25, 2017
In this GoldenCare Newsletter Edition From GoldenCare: See our full list of hot training topics and register for an event today! We have two Guest Articles in this edition is “How to cope with health care costs in retirement,” by Steve Vernon, CBS MoneyWatch and “Census Bureau: Most seniors still own homes,” by Lois A. Bowers, McKnight’s Senior Living. Enjoy! Industry Updates: We have several announcements in this edition: From Mutual of Omaha: We have a Quick Tip on quoting with MutualCare Solutions software. Flexible payment form update – all application packets have not been updated, except for New York for
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LTCi Underwriting Update for October 2017
In an effort to increase customer satisfaction with a Long-Term Care policy issued by Mutual of Omaha and align ourselves with other Mutual of Omaha Underwriting Departments, we plan to implement a new process effective October 1, 2017. Effective October 1, 2017, when a case has been approved, other than applied (except for a better rate), underwriting will reach out to the producer via email and inquire whether the producer will be able to place the policy with the rate and benefit changes (if any) proposed by underwriting. Underwriting will hold the policy for 14 calendar days for the producer
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