OneAmerica Care Solutions News

Care Solutions Sales & Support Teams Find your key sales contacts using our current territory map.   Tools and resources Wondering how much LTC could cost your clients? Check out the LTC Cost of Care map provided by OneAmerica. This site will allow you to estimate what care could cost on an annual, monthly or daily basis in your client’s individual state. Know the cost difference between informal, home, assisted living and nursing home care. Compare costs to the national average and view how inflation can affect the cost in future years. Utilize the cost of care map by visiting
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Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

Annuity Care and Annuity Care II updates take effect April 24

Annuity Care and Annuity Care II updates launching April 24 Last year, we made pricing updates to the Continuation of Benefit (COB) options on our Annuity Care and Annuity Care II products in certain approved states. On April 24, these same updates will go into effect in additional states, and we want to make sure you’re prepared. These changes reflect our commitment to good stewardship, the viability of our products and being there when our customers need us most.   Prepare for the changes What’s changing: Annuity Care In November of 2020, we adjusted the pricing of the Annuity Care
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Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

OneAmerica Care Solutions News

Care Solutions Sales & Support Teams Find your key sales contacts using our current territory map.   Tools and resources LTC Tax Guide The 2021 Long-Term Care Tax Guide is now available, including updated information on the 2021 age-related table eligible premium amounts; a thorough discussion of the benefits of Asset Care when provided as an executive bonus; the benefits of IRC section 1035 exchanges into Care Solutions portfolio products; and much more!   Operations updates Grace period in place to assist policyholders receiving late billing statements We have become aware that due to pandemic and weather mailing delays, some
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Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

OneAmerica Care Solutions News

Care Solutions Sales & Support Teams Find your key sales contacts using our current territory map.   News to know Reminder: Care Solutions wholesaling updates As we announced last month, we’ve restructured our Care Solutions wholesaling model to provide geographically aligned support instead of account-aligned support. This change, effective Jan. 1, 2021, means that our regional sales directors are available to meet producers where they are and support agencies locally. RSDs are aligned by state, based on the address of your office and the residential addresses of your producers. Review our updated map and contact list for details about your
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Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

Attention Arkansas and Michigan: Best interest is here!

Arkansas and Michigan have updated the requirements around best interest and suitability in annuity transactions. New training courses will be required to be able to submit applications for any annuity products, including Asset Care Annuity Funding Whole Life. The changes for Arkansas and Michigan went into effect Dec. 29, 2020. Producers selling any annuity products, including Asset Care Annuity Funding Whole Life in Arkansas and Michigan, must take these new training courses to sell these products. Information will be forthcoming on the new training requirements and the new forms to use in these states. Original forms can be submitted until
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Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

Attention Arizona and Iowa producers: Best Interest is coming!

Arizona and Iowa have updated the requirements around Best Interest and suitability in annuity transactions. New training will be required to be able to submit applications for any annuity products, including Asset Care annuity funding whole life. The changes will go into effect Dec. 31, 2020, in Arizona and Jan. 1, 2021, in Iowa.   Updated training course required by each state Producers who have previously taken the four-hour state generic annuity suitability course can now have the option of taking either the one-hour catch-up training course on annuity best interest, or they can take the newly created four-hour course
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Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

Accelerate Your Business

Get faster decisions for your Standard, Standard Plus, Preferred and Preferred Plus clients on Term Life Answers, Income Advantage IUL and Life Protection Advantage IUL. The process is easy. Simply submit a drop ticket, ExamOne contacts the client – we take care of the rest. We’ll provide an underwriting decision in 48-72 hours! The best part? NO paramed exam! Program Parameters Issue Ages: 18-60 Face Amounts: $100,000 – $2,000,000 Products Available: Term Life Answers (10-, 15-, 20- and 30- year), Income Advantage IUL and Life Protection Advantage IUL Applications: Speed eTicket (Drop Ticket) Learn more about Accelerated Underwriting and the
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Life and Annuity Policies Are Now Emailed

In August, Mutual of Omaha began sending emails with links to PDF copies of all Life and Annuity policies. Please note, policies will continue being mailed via the standard paper policy output process in addition to the new email process. Here’s How It Works An email is sent within 24 hours of policy issue The email is sent to the client, the writing agent, the top-level marketer and any authorized user designated by the writing agent or top level marketer with full access in Sales Professional Access (SPA) The email will contain a link to our Secure Message Portal system,
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Life and Annuity Policy PDFs to be emailed August 5

Mutual of Omaha will begin sending emails containing links to PDF copies of all life and annuity policies beginning August 5, 2020. The email will be sent within 24 hours of policy issue and will be sent directly to the client, the writing agent, the top-level marketer and any authorized user designated by the writing agent or the top level marketer with full access in Sales Professional Access. This email process will be in addition to the current paper policy output. The email will contain a link to our Secure Message Portal system allowing access to view the PDF of
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Changes to Asset-Care® in California launching on July 25

Changes to Asset-Care® in California launching on July 25 OneAmerica® is committed to the asset-based long-term care market and to offering products that bring value to both our agents and the clients we serve together. To maintain the viability of our Asset-Care® product in California and continue offering it until the updated product is available in this state, we are making key updates starting July 25.   What’s changing The changes we’re making to Asset-Care in California will allow us to adjust our overall product pricing to align with current market conditions while maintaining a strong product. They also reflect
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Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.