Getting Started with IUL Express

Help your clients protect all of their meaningful moments even faster with our indexed universal life product, Indexed Universal Life Express (IUL Express). The product guide and producer training video provide an overview of the policy and walk you through quoting, indexed crediting, and more! Find out even more about IUL Express by visiting DiscoverIUL.com or MutualofOmaha.com/Simple.   If you have any questions, please contact your Mutual of Omaha’s Sales Support at (800) 693-6083 or email sales.support@mutualofomaha.com.   Getting Started with IUL Express   #goldencareagent #mutualofomaha #iul
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

New Simplified Issue Product Updates

We are excited to announce maximum issue age increases to both our IUL Express and Term Life Express Non-ROP (10T) products that will be effective March 1, 2023! These enhancements will position our Simplified Issue product options to be available in more sales scenarios and will serve a wider range of clients. Below are some of the key updates you will need to know: IUL Express Maximum issue ages for both Tobacco and Non-Tobacco ratings will increase to age 75 Currently Non-Tobacco is age 70 and Tobacco is age 65 Maximum face amount for ages 71-75 will remain $150,000 Term
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Flexibility of the Guaranteed Refund Option Rider

The flexibility of our Income Advantage IUL and Life Protection Advantage IUL can benefit your business clients with the Guaranteed Refund Option rider. This no-cost rider can help provide them with cash surrender options when planning for the future of their company, whether they are planning for: Key Person insurance Cross-Purchase Buy-Sell Arrangement Business Succession Planning These are just a few scenarios that may help business clients who need the flexibility of IULs from United of Omaha.   If you have any questions, please contact your Mutual of Omaha’s Sales Support at (800) 693-6083 or email sales.support@mutualofomaha.com.   Flexibility of
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Close the Sale Faster with Automated Underwriting

With Automated Underwriting, you receive a point-of-sale decision day or night with your clients. The process is simple — use the iPipeline iGO e-App on your IUL Express, Living Promise, and Term Life Express applications and it will automatically go through Automated Underwriting. Looking for e-App training, or simply want to understand the process better? Check out our e-App training videos. They walk you through each step of the process – or you can skip ahead to the specific section you need. IUL Express Living Promise Term Life Express Find these helpful resources and more on mutualofomaha.com/simple. No need to
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Introducing the Four Quarters Club

You work hard all year long to fulfill your clients’ expectations, and Mutual of Omaha feels you should be rewarded for your diligence. We are thrilled to introduce the Four Quarters Club, a brand-new incentive program that pays out a 10% bonus on a quarterly basis to all qualifiers. Beginning January 1, 2023, you’ll have not just one, but four opportunities to earn funds that you are able to use at your discretion. You take care of your clients throughout the year and in 2023 we will recognize your hard work and dedication throughout the year as well. Find all
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Upcoming Fixed Account Rate Changes for Life Products

Fixed Account Rate Changes Effective January 1, 2023, we are increasing the fixed crediting rates as follows: Income Advantage IUL fixed account rate will increase 0.50% from 3.00% to 3.50% Life Protection Advantage IUL fixed account rate will increase 0.50% from 2.75% to 3.25% IUL Express fixed account rate will increase 0.50% from 2.75% to 3.25% These rates change will apply to newly issued policies, as well as to any new premiums received on in force policies. Your WinFlex illustration software will automatically update to reflect the new fixed account rate on January 1st. There will be no changes to
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

NAIC Guidelines for Brokerage General Agents in New York

** This is a reminder notification — there is no action required on your part ** To All Brokerage General Agents in New York Following the NAIC Guidelines, Companion Life Insurance Company is required to provide all of its New York producers with information about the expense allocation method used by the company in its illustrations for the state of New York. Please see the paragraph in bold below. Pursuant to the life insurance Illustration Reform legislation adopted in NY, this communication is a reminder to you that Companion Life Insurance Company uses a Generally Recognized Expense Table (“GRET”) to
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Expense Allocation Method in United of Omaha Illustrations

** This is a reminder notification — there is no action required on your part ** Following the NAIC Guidelines, United of Omaha Life Insurance Company is required to provide all of its producers with information about the expense allocation method used by the company in its illustrations. Please look below to see if this information pertains to your state and then, read the paragraph in bold below accordingly. This communication pertains to Illustration Reform states only, which include: AK, AL, CA, CO, CT, DE, HI, IA, IL, IN, KS, KY, LA, MA, MD, ME, MN, MO, MS, MT, NC,
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

LTC Rider Can Help Protect Clients Futures

Do your clients realize how expensive long-term care services can be? The costs can easily average more than six figures annually and only continue to rise. Help clients understand why it’s so important to have a plan in place for their long-term care needs, whether it’s through a Long-Term Care Insurance policy or our Long-Term Care Rider on our IULs. For more information about our Long-Term Care Rider, including rider information and updated marketing tools, go to MutualofOmaha.com/ltc-rider.   LTC Rider Can Help Protect Clients Futures   #goldencareagent #mutualofomaha
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Did You Know That We Publish Our IUL Cap and Participation Rate History

Full transparency for our IULs at Mutual of Omaha means that we publish our cap and participation rate history for all three of our IUL products each month. Displaying our stability, with no hidden cap or participation rate changes. And proving why our products are a great choice for your clients. Life Protection Advantage IUL Historical Crediting Rates Income Advantage IUL Historical Crediting Rates IULE Historical Crediting Rates Find out more about our IUL portfolio at discoveriul.com.   Did You Know That We Publish Our IUL Cap and Participation Rate History   #goldencareagent #mutualofomaha #iul
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).