Advanced Markets: Overcoming LTCi Objections

If you’ve ever discussed long-term care insurance with wealthy clients, I’m sure you’ve run into this objection – “If I need long-term care, I can pay for it from my own investments. I don’t need to pay money for long-term care insurance.” One apparent reason is the tax advantages; however, there is another angle we wanted to share. An advisor called one of our long-term care experts in the home office anticipating the “self-insure” objection – and honestly believing it herself. She had discussed the need for long-term care insurance with a wealthy couple – let’s call them Bob and
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Mutual of Omaha To Sponsor “7 Yards” Documentary

If you’d like to see a story of Mutual of Omaha’s customer focus in action, consider watching “7 Yards”, available on Amazon Prime and Apple TV. This feature-length documentary explores the resilience and perspective of Chris Norton, a college athlete who sustained a debilitating spinal cord injury during a football game in October 2010 that left him with a 3% chance of regaining feeling below his neck. Norton is a Mutual of Omaha policyholder through his affiliation with the NCAA. Although Chris’s special risk policy is not available to the general public, his story is a strong example of the
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Categories: GoldenCare News, Industry News, and Mutual of Omaha (& Affiliates).

Medicare Solutions – Omaha Family of Companies

Medicare Supplement: Upcoming Rate Adjustment View upcoming rate adjustments for Nebraska, effective April 1, 2021.   Value-Added Benefits – Talk It Up Learn how our Medicare supplement policyholders can receive several value-added benefits. In most states, you can now discuss these added benefits, at the time of pre-sale.   #goldencareagent #mutualofomaha
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Categories: Dental, Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

e-Application Training Video

The MutualCare® Solutions LTC e-App allows you to complete and submit your long-term care applications online. Whether you regularly submit long-term care business with us or you’re an occasional producer, you’ll like this process. Chances are you won’t go back to paper. Ready to give it a try? We have a training video to get you started.   e-Application Training Video   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

No One Knows What the Future May Hold…

We also offer Chronic and Terminal Illness Riders on our fully-underwritten IUL policies at no additional cost and with no additional underwriting. These riders give your client an option to access a portion of their death benefit early. This money can provide a little more comfort during a difficult time or can be used to help cover the costs of long-term care. Learn more about how our Accelerated Death Benefit Riders work.   No One Knows What the Future May Hold…   #goldencareagent #mutualofomaha
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

IUL Express Producer Training Video

Our IUL Express producer training video provides you with everything you need to know about the product, including the product features, who the target market is, how the indexing options work, the additional options available and more. Watch the Producer Training Video now > >   If you have any questions, please contact your Mutual of Omaha’s Sales Support at (800) 693-6083 or email sales.support@mutualofomaha.com.   IUL Express Producer Training Video   #goldencareagent #mutualofomaha #iul
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

REMINDER: Use Correct Version of MutualCare® Solutions Application!

With each round of Mutual of Omaha’s 2020 Pricing & Benefit changes, the impacted states’ applications are being updated. Be sure you’re using the correct version of the MutualCare® Solutions application. Click here to download forms & materials.   Note: Arizona, Connecticut, Indiana and Vermont have approved the changes, effective March 1, 2021. In these four states, the new application pack cover series will end in _0321. Please discontinue use of all old applications based on the transition rules outlined here.     #goldencareagent #mutualofomaha #MOO #longtermcare
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Categories: GoldenCare News, Industry News, and Mutual of Omaha (& Affiliates).

A Low-Cost Product Offering High Value

When it comes to indexed universal life (IUL) products, it seems like all products use the same general design. It can be tempting to choose a product based on which illustrates best. However, when you look closer at each product illustration, you’ll start to notice some important differences you and your clients should be aware of. These differences are in the product’s charge structure and in the value-added features the products come with. In our newly updated Cost Comparison flyer, you will uncover: How our cumulative charges compare to our competitors This shows how much of the premium goes towards
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

REMINDER: Rate Refresh Partner Allowance Guidelines

Mutual of Omaha is allowing a 6-month period for policyholders to receive the “Partner – Both Issued” allowance when partners are issued policies with two different rates (one issued pre rate refresh, one issued post rate refresh). The rule will only apply if the second partner’s policy is issued within 6 months of the rate refresh effective date. Below are scenarios based on a state with a rate refresh implementation date of September 1, 2020 and a six-month deadline of March 1, 2021. Partner A is issued a policy with old rates. The 15% “Partner – One Issued” allowance applies
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Medicare Solutions – Omaha Family of Companies

Medicare Supplement: 2021 March Rate Release Effective March 1, 2021, Illinois, Iowa, South Dakota, and West Virginia will be releasing new rates.   2021 Brokerage Health Webinar Series Reminder Find out how Mutual of Omaha can partner with you to manage and grow your book of business, with this month’s webinar “Service You Can Count On”.   New Medicare Supplement Plans in Arizona Offer your clients in Arizona new competitive Medicare supplement rates underwritten by Mutual of Omaha.   Prescription Drug Plans: New IVR Options for PDP Members There are new options available for PDP members, when they call into
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Categories: Dental, Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).