People often ask us who this product is designed for or who the target market is. The truth is, the IUL Express product is versatile. It is flexible enough to work for a wide variety of your clients’ needs, but it’s one thing for us to say it and another thing for us to demonstrate it. So, we asked one of our sales directors to pull a random sampling of 10 cases all placed in one single day. Even we were surprised by the flexibility of the IUL Express product. Watch this short IUL Express video to see what we
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Simplified Issue Life: Weekly Time Service Update (6/7)
From the Desk of Marty Johnson Simplified Issue Life: Weekly Time Service Update Mutual of Omaha is pleased to announce our Simplified Issue Life Underwriting team has returned to normal time service levels! Thank you for your business, continued support, and patience as we worked to process your business. Our normal time service levels are listed below. Please note, business days do NOT include weekends. New business is reviewed within 1 business day from receipt Policies are issued on average 1-5 days after application review, depending on requirements needed Pending requirements are reviewed within 1-2 business days Post issue requests
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LTC Transition Rules and Best Practices
From the Desk of Corri Campbell Last Tuesday, we sent a communication outlining the transition rules, implementation dates and benefit option changes to the MutualCare Solutions Portfolio for the states of Delaware, Florida, North Dakota and South Dakota. I wanted to personally follow up reiterating how important it is to take note of our transition rules as they were outlined: Old applications signed after May 31, 2021, will not be accepted. Old applications signed by May 31, 2021, but received by Mutual of Omaha after June 11, 2021, will not be accepted. In both scenarios, new applications will be required,
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Simplified Issue Life: Weekly Time Service Update (5/21)
From the Desk of Marty Johnson Simplified Issue Life: Weekly Time Service Update Thank you for your continued support and patience as we work diligently to return to normal time service levels. We continue to increase our staff and work overtime on nights and weekends to ensure your business is handled properly, and as quickly as possible. Our current time service levels are listed below. Please note, business days do NOT include weekends. Most of the new business reviews are being handled within 2 business days Policies are issued on average 1-5 days after application review, depending on requirements needed
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Express Underwriting vs Simplified Underwriting
The Critical Advantage Portfolio offers benefits that are easy to see. We all know someone who has been diagnosed with cancer, had a heart attack, or suffered from a stroke. Mutual of Omaha can offer your clients a streamlined application process with easy knock-out questions and express or simplified underwriting. But what is the difference between express & simplified underwriting? Express Underwriting: Simple yes/no knock-out questions for face amounts of $50,000 and below. Simplified Underwriting: Simple yes/no knock-out questions with the addition of Medical Information Bureau and Pharmaceutical inquiry, and random telephone interviews for face amounts of $51,000-$100,000. You
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Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).
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cancer, Cancer Heart Attack Stroke, Cancer Lump Sum, CHS, CI, critical advantage, critical illness, express, Express Underwriting, Heart Attack & Stroke, insurance, Lump Sum Cancer, Lump Sum Heart Stroke, mutual of omaha, omaha, simplified underwriting, and Underwriting'.
Simplified Issue Life: Weekly Time Service Update (5/14)
From the Desk of Marty Johnson Simplified Issue Life: Weekly Time Service Update Thank you for your continued support and patience as we work diligently to return to normal time service levels. We continue to increase our staff and work overtime on nights and weekends to ensure your business is handled properly, and as quickly as possible. Our current time service levels are listed below. Please note, business days do NOT include weekends. Most of the new business reviews are being handled within 3 business days Policies are issued on average 1-5 days after application review, depending on requirements needed
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Simplified Issue Life: Weekly Time Service Update (4/8)
From the Desk of Marty Johnson We want to thank you for the amount of business we have received, and continue to receive, due to your commitment and partnership. Due to the unprecedented volume of new business, our Simplified Issue Life Underwriting team is experiencing delays in time service. To accommodate this, we are increasing our staff and working overtime on nights and weekends to ensure your business is handled properly, and as quickly as possible. As we work toward returning to expected service levels, we are committed to keeping you updated on our service times. Our current time service
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Simplified Issue Life: Weekly Time Service Update
From the Desk of Marty Johnson Mutual of Omaha would like to thank you for your business! We are very appreciative of the amount of business we have received, and continue to receive, due to your commitment and partnership. Due to the unprecedented volume of new business, our Simplified Issue Life Underwriting team is experiencing delays in time service. However, we remain committed to providing you the quality service you have come to expect. To accommodate this, we are increasing our staff and working overtime on nights and weekends to ensure your business is handled properly, and as quickly as
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Simplified Issue Life: Weekly Time Service Update
From the Desk of Marty Johnson First, and foremost, Mutual of Omaha would like to thank you for your business. We are very appreciative of the amount of business we have received, and continue to receive, due to your commitment and partnership. Due to unprecedented volumes of new business, our Simplified Issue Life Underwriting team is experiencing delays in time service. However, we remain committed to providing you the quality service you have come to expect. To accommodate this, we are increasing our staff and working overtime on nights and weekends to ensure your business is handled properly, and as
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Express Time Service Update
From the Desk of Marty Johnson Recently I informed you we were experiencing processing delays for Simplified Issue business. At this time, we continue to receive unprecedented volumes of new business, which is leading to extended service levels. I want to reiterate; we remain committed to providing the quality service you have come to expect. We are addressing this issue by increasing our staff, and reallocating internal resources where applicable to assist. Additionally, our underwriting team continues to work extra time on nights and weekends to ensure your business is handled as quickly as possible. We continue to focus on
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