AM Best Affirms Mutual of Omaha’s Financial Rating

March 26, 2024 | by | Comments Off on AM Best Affirms Mutual of Omaha’s Financial Rating

AM Best Affirms Mutual of Omaha’s Financial Rating AM Best performed their annual rating committee review on Mutual of Omaha and affirmed our financial strength rating of A+ (Superior) with a stable ratings outlook. The ratings reflect Mutual of Omaha’s balance sheet strength, which A.M. Best categorizes as very strong, as well as our strong operating performance, favorable business profile and appropriate enterprise risk management. Mutual of Omaha’s favorable business profile is anchored by its diversification of products and our multiple distribution channels leading to our capitalization level being very strong and considered favorable relative to our peers. For more
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Categories: Accident Insurance, Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).
Tags: AM Best, financial strength, financial strength rating, insurance, mutual of omaha, Mutual of Omaha Insurance Company, omaha, Omaha affiliate, Omaha affiliates, United of Omaha, and United World.

New EFT/PAC Form

May 22, 2023 | by | Comments Off on New EFT/PAC Form

New EFT/PAC Form We are pleased to announce that we have an improved Electronic Funds Transfer/Pre-Authorized Check (EFT/PAC) form designed to help get policies placed and delivered faster and easier than before! The new form will be available for each state starting May 19, 2023. It will be available through the E-APP and in the Application and Forms option under the New Business dropdown on the Agent Resource Center. It will replace the existing Pre-Authorized Check form in all states. About the process: The Pre-Authorized Check (PAC) Premium Payment Premium Payment Service Form can be obtained at time of application
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Categories: Industry News, Long-Term Care, and National Guardian Life.
Tags: annual report, EssentialLTC, financial strength, Long-Term Care, long-term care insurance, LTC, LTCi, National Guardian Life, National Guardian Life Insurance Company, and NGL.

Upload Delivery Requirements

April 27, 2023 | by | Comments Off on Upload Delivery Requirements

Upload Delivery Requirements Beginning Friday, April 28, 2023, you will be able to upload delivery requirements on the Agent Resource Center! Please see below for instructions. The link to upload the requirements will be located under the New Business Dropdown. You will be taken to this screen. You will need to enter the policy number, the name of the policyholder and upload the delivery requirements. Once the “Submit” button is selected, a pop up will generate letting you know the documents were transmitted to the NGL Long Term Care Administration Office. A confirmation email will also be sent to you.
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Categories: Industry News, Long-Term Care, and National Guardian Life.
Tags: annual report, EssentialLTC, financial strength, Long-Term Care, long-term care insurance, LTC, LTCi, National Guardian Life, National Guardian Life Insurance Company, and NGL.

NGL’s 2022 Annual Report

April 17, 2023 | by | Comments Off on NGL’s 2022 Annual Report

NGL’s 2022 Annual Report The NGL 2022 Annual Report is here! It includes a message from Knut Olson, President and CEO, on NGL’s accomplishments during the last year, our excellent financial strength and what plans we have for the future. Download a copy of the report and the updated Financial Strength flyer today. Annual Report Financial Strength   For agent inquires contact your dedicated NGL Agent Services Team at 888.505.2332 or status@ngl-essentialltc.com. For sales questions contact the Long Term Care Sales Team at LTC@nglic.com.   NGL’s 2022 Annual Report     #goldencareagent #ngl #longtermcare
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Categories: Industry News, Long-Term Care, and National Guardian Life.
Tags: annual report, EssentialLTC, financial strength, Long-Term Care, long-term care insurance, LTC, LTCi, National Guardian Life, National Guardian Life Insurance Company, and NGL.

AM Best affirms Thrivent’s A++ rating

July 25, 2022 | by | Comments Off on AM Best affirms Thrivent’s A++ rating

AM Best affirms Thrivent’s A++ rating AM Best recently affirmed our A++ (Superior) rating as well as our stable outlook. This is the highest possible rating from the agency. In its review of Thrivent, AM Best recognized our organization for continuing to maintain its balance sheet strength, strong operating performance, favorable business profile and very strong enterprise risk management. In short, Thrivent is strong and stable. We’re here to help our clients achieve financial clarity, enabling lives full of meaning and gratitude. Learn more   AM Best affirms Thrivent’s A++ rating   #goldencareagent #thrivent #ltc
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Categories: Industry News, Long-Term Care, and Thrivent.
Tags: AM Best, financial strength, financial strength rating, insurance, Long-Term Care, long-term care insurance, LTC, LTCi, Thrivent, Thrivent Financial, and Thrivent Financial for Lutherans.

S&P Rating Affirmation

July 8, 2022 | by | Comments Off on S&P Rating Affirmation

S&P Global has re-affirmed Mutual of Omaha’s A+ (Strong) rating with a stable ratings outlook. The A+ rating is the second highest of 16 ratings issued by S&P Global, which assesses overall financial strength and ability to meet ongoing obligations to policyholders. S&P cited our brand recognition, strong Medicare Supplement positioning and solid capital redundancy as strengths supporting the rating. You can continue to feel confident placing your business with a company known for strength, stability, and financial security!   If you have any questions, please contact Sales Support at (800) 693-6083 or e-mail sales.support@mutualofomaha.com.   S&P Rating Affirmation  
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Categories: Critical Illness, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).
Tags: financial strength, financial strength rating, insurance, mutual of omaha, Mutual of Omaha Insurance Company, omaha, S & P, S&P, and United of Omaha.

NGL EssentlLTC – A (Excellent) Rating Reaffirmed By AM Best

June 6, 2022 | by | Comments Off on NGL EssentlLTC – A (Excellent) Rating Reaffirmed By AM Best

A Rating Reaffirmed By AM Best We are excited to announce AM Best has reaffirmed NGL’s A (Excellent) rating! This rating reflects the excellent ability of National Guardian Life Insurance Company (NGL) to meet its ongoing insurance policy and contract obligations and further attests to its financial strength. “2021 was a pivotal year in NGL’s history. Throughout the year, NGL sold past acquisitions, as well as a variety of older blocks of acquired life insurance policies. These sales raised meaningful capital and helped NGL reach levels of capital that give it unprecedented strength in its 113-year history,” said Knut Olson,
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Categories: Consumer Marketing Materials and National Guardian Life.
Tags: AM Best, EssentialLTC, financial strength, Long-Term Care, long-term care insurance, LTC, LTCi, National Guardian Life, National Guardian Life Insurance Company, and NGL.

Reasons to use a 1035 Exchange

May 23, 2022 | by | Comments Off on Reasons to use a 1035 Exchange

Reasons to use a 1035 Exchange Is your client looking to fund a long term care insurance (LTCi) policy but not sure how to do it? They may already have the funds and not know it! Using a 1035 Exchange allows your clients to exchange surrender value (principal and tax-deferred gains) of a life insurance or annuity contract for a LTCi policy. A new LTCi policy could be a better fit for your client’s current and future needs more than an existing life or annuity contract they may have. Download our 1035 Exchange Flyer to learn more. 1035 Exchange Flyer
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Categories: Consumer Marketing Materials and National Guardian Life.
Tags: annual report, EssentialLTC, financial strength, Long-Term Care, long-term care insurance, LTC, LTCi, National Guardian Life, National Guardian Life Insurance Company, and NGL.

NGL’s 2021 Annual Report

May 23, 2022 | by | Comments Off on NGL’s 2021 Annual Report

NGL’s 2021 Annual Report The NGL 2021 Annual Report is here! It includes a message from Knut Olson, President and CEO, on NGL’s accomplishments during the last year and what plans we have for the future. It also highlights our excellent financial strength and our home office transformation. Download a copy of the report and the updated Financial Strength flyer today. Annual Report Financial Strength   For agent inquires contact your dedicated NGL Agent Services Team at 888.505.2332 or status@ngl-essentialltc.com. For sales questions contact the Long Term Care Sales Team at LTC@nglic.com.   NGL’s 2021 Annual Report     #goldencareagent
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Categories: Consumer Marketing Materials and National Guardian Life.
Tags: annual report, EssentialLTC, financial strength, Long-Term Care, long-term care insurance, LTC, LTCi, National Guardian Life, National Guardian Life Insurance Company, and NGL.

AM Best Reaffirms Mutual of Omaha’s A+ (Superior) Rating

February 7, 2022 | by | Comments Off on AM Best Reaffirms Mutual of Omaha’s A+ (Superior) Rating

AM Best Reaffirms Mutual of Omaha’s A+ (Superior) Financial Strength Rating OLDWICK – FEBRUARY 03, 2022 10:09 AM (EST) AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” (Superior) of Mutual of Omaha Insurance Company and its subsidiaries, United of Omaha Life Insurance Company, Companion Life Insurance Company (Hauppauge, NY) and United World Life Insurance Company. Concurrently, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IR) of “a” (Excellent) on Mutual of Omaha Insurance Company’s existing surplus notes. The outlook of these Credit Ratings (ratings) is stable. The
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: AM Best, financial strength, financial strength rating, insurance, mutual of omaha, Mutual of Omaha Insurance Company, omaha, Omaha affiliate, Omaha affiliates, United of Omaha, and United World.