Important Term Life Answers (TLA) Conversion Policy Changes

Mutual of Omaha allows term conversions to any product and rest assured, we will continue to offer this conversion option. One change that we are implementing is the way in which we compensate term conversions for TLA. After careful review, we have modified the compensation rates for TLA policies converted to one of our permanent policies: Now, term conversions years 2 through 9 will receive full new business first-year commissions payable — an increase to what is currently paid! For term conversions in years 10+, the year 2 renewal commission rate will apply Transition Rules These compensation changes are effective
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Inforce LTCi Rate Adjustments Effective October 1, 2022

Mutual of Omaha actively monitors our inforce long-term care business, filing rate adjustments when necessary to ensure we keep our promises to policyholders and remain competitive in the marketplace. We will be implementing the following inforce rate adjustments effective October 1, 2022: Impacted Policy Forms Impacted States LTC04I Idaho, Maryland, New Hampshire, Texas LTC04I7 Idaho, Maryland, New Hampshire, Texas LTC09M Idaho, Maryland, New Hampshire, Texas LTC06UI Idaho, Maryland, New Hampshire, Texas LTC09U Idaho, Maryland, New Hampshire, Texas LTC04G Idaho, New Hampshire, Texas LT50, NH50, HCA, NHA & LTA Tennessee   For details on yearly rate adjustment percentages, view the supplemental
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Medicare Solutions – Omaha Family of Companies

Medicare Supplement: Blueprint for Success: Our Medicare Solutions Options We have developed a video that provides a great overview about our Medicare Solutions portfolio and how we can help you become even more successful.   Don’t Forget to Get Qualified for the Trip to San Diego Time is runing out to get qualified for the San Diego trip happening in this fall.   Louisiana Open Enrollment Period New Open Enrollment period available in Louisiana starting August 2022.   New Medicare Supplement Plans in Indiana and Maryland Effective August 4, 2022, you may begin selling new Medicare supplement plans in Indiana
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Help Clients Understand Their IUL Express Allocation Options

The accumulation value within an Indexed Universal Life Express (IUL Express) policy earns interest at a rate that is calculated based on the performance of a market index. If you use the IUL Express Easy Solve, the 100% participation rate crediting strategy will be selected, but your clients also have additional crediting strategy options. Your clients can choose from three crediting strategies, all based on the performance of the S&P 500, as well as a fixed account. This allows them to tailor their policy based on how they believe the index will perform. Clients can choose to allocate all of
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

LTC Time Service Update

Mutual of Omaha would like to thank you for the business we have received, and continue to receive, due to your partnership! We are committed to keeping you updated on our service times. Our current time service levels are listed below. Please note that business days do not include weekends. Current Long-Term Care Service Levels: Application Entry: Within 3 business days New Business Review: Within 24 hours of receipt Pending Requirements Reviewed: Within 2 business days Approve to Issue Time: Within 2 business days Emails and Phone Calls Returned: Within 24 hours of receipt Tools to Help Here are some
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

NEW LTCi Claims Process Video

A long-term care triggering life event can be an emotional and stressful time for clients. Oftentimes, the agent of record is the first phone call an insured or a family member makes. Watch our claims process and best practices video to ensure you know what to expect.   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 LTCi Claims Process Video   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

The Iconic Mutual of Omaha’s Wild Kingdom Travels Throughout U.S. to Film New Series “Mutual of Omaha’s Wild Kingdom Protecting the Wild”

OMAHA, Neb. (July 6, 2022) – Mutual of Omaha’s Wild Kingdom is back in action and traveling across the U.S. this summer to film a brand new television series, “Mutual of Omaha’s Wild Kingdom Protecting the Wild.” The series, which will debut in January 2023 on RFD-TV and digital channels, will showcase conservation success stories, aiming to inspire the next generation of conservationists. Starting this week, the Wild Kingdom team, including Peter Gros, host of the original show, and local conservation experts, will be making their way across Florida to showcase animal success stories. “We are in the beautiful state of
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

GoldenCare Newsletter | July 11, 2022

Read Full GoldenCare Newsletter, July 11, 2022 Edition In this GoldenCare Newsletter Edition From GoldenCare:   Upcoming Training: LTC: Back To Basics Wed, July 13, 2022 2:00 PM  to  2:30 PM CDT PART 2: LTCi Pro Sales Strategies Webinar with Mark Goldberg Thurs, July 14, 2022 2:00 PM  to  2:45 PM CDT   Diversify your portfolio for greater sales success! Join us for product and sales live and prerecorded training.  Stay up-to-date on the latest products and sales strategies.   We’re making it easier than ever to get a hold of us and have your favorite tools available at your
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Categories: GoldenCare News, Industry News, Long-Term Care, Medicare Supp./Adv., Mutual of Omaha (& Affiliates), National Guardian Life, OneAmerica, and Thrivent.

You’re Invited! | TOMORROW! LTC Back to Basics

Special Event! Selling senior insurance, do you avoid LTC conversations because the product confuses YOU as much as it confuses the client? We’re taking it BACK TO BASICS! Regional Director Jon Randall will simplify traditional LTC insurance plans into 3 basic concepts. We’ll help you understand those three things, which covers about 95% of how LTCi policies work! Let us show you how simple LTCi can be!     Register now to reserve your space! Wed, July 13, 2022 2:00 PM  to  2:30 PM CDT           Questions or help registering? Call the GoldenCare Marketing Team at
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Categories: GoldenCare News, Industry News, and Mutual of Omaha (& Affiliates).

You’re Invited! | Thursday! Mark Goldberg LTC Pro Sales Strategies Part II

Special Event! We’re thrilled to have special guest speaker, Mark Goldberg, on again to share his tried-and-true strategies and sales tips! As a follow-up to his earlier training (June 28th), this presentation will focus on LTCi plan design, taking the insurance application, post-sale & delivery, as well as generating referrals. As an LTCi specialist with over 32 years of experience, Mark’s training presentations will offer unique perspectives and tips you won’t find elsewhere. Don’t miss this exclusive follow-up event!   Register now to reserve your space! Tues, June 27, 2022 11:00 AM  to  11:45 AM CDT        
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Categories: GoldenCare News, Industry News, and Mutual of Omaha (& Affiliates).