IUL Express Product Guide

Our IUL Express product offers simplified underwriting, the potential to earn cash value in addition to a death benefit, a zero percent floor, and an Easy Solve quoting option. This product guide provides a detailed look at each of these features. Protect your client’s memorable moments even faster, with IUL Express.   If you have questions, please contact your Account Executive or Sales Director.   IUL Express Product Guide   #goldencareagent #mutualofomaha #unitedofomaha
Read More

Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Important update regarding IUL policies with the Long-Term Care rider in the state of Washington

On July 21st, 2021, we announced an increase to the minimum face amount on all Income Advantage and Life Protection Advantage IUL policies with the LTC Rider to $250,000 in the state of Washington. Your business is important to us and we will make every effort possible to issue policies as soon as possible. However, we cannot guarantee policies will be issued by the Washington deadline. To give your applications the best opportunity of being processed before Washington’s November 1st, 2021 deadline, all applications should be received in the home office no later than Friday, August 6th, 2021. Thank you
Read More

Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Long-Term Care Rider Minimum Face Amount Increase in the State of WA

Effective Thursday, July 22, 2021, for the State of Washington ONLY, Mutual of Omaha is increasing the minimum face amount required on all IUL insurance policy applications that include the long-term care rider to $250,000. This action is being taken to prevent individuals from applying for a life insurance policy with LTC to avoid the Washington State’s Long-Term Care Trust Act payroll tax deduction with no intention of keeping the policy in force. Mutual of Omaha has a responsibility to our policyholders and distribution partners to ensure our product offerings are used as designed, offering lasting life insurance and LTC
Read More

Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Exciting News Regarding Income Advantage IUL – 7702 & GRO Rider

Have you heard the news? Mutual of Omaha’s Income Advantage IUL product is now compliant with section 7702 as of July 8, 2021. This change has dramatically increased our competitive position in the “Cash Accumulation/Income” IUL marketplace. In addition, to our competitive position, the Income Advantage has some of the lowest internal costs in the industry. When you combine the GRO rider, low cost structure, competitive income values and our no cost Chronic/Terminal Illness or available LTC rider, the Income Advantage IUL should be considered one of your top “go to” IUL products. This change comes as a result of
Read More

Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Iowa Insurance Department Product Training Requirements

All insurance producers selling Annuities, Long-Term Care or Indexed products in the state of Iowa are required to complete an online continuing education course prior to solicitation of the following products: Product Line Course Requirement Indexed UL One time — 4-hour CE course Annuity One time — 4-hour CE course Long-Term Care One time — 8-hour CE course and thereafter, satisfying the states annual requirements   Approved training courses to fulfill these requirements can be found on www.sircon.com. Click on the link “Lookup Education Courses or Transcript” Select Approved Courses Then, select Iowa and click Submit After, you can select
Read More

Categories: Industry News, Life Insurance, Long-Term Care, and Mutual of Omaha (& Affiliates).