Producers can earn up to $300 per issued Humana Achieve Medicare Supplement policy depending on the underwritten mix with the Humana Achieve Underwritten Business Bonus. Pays on all policies on the following payout schedule 40%-49% Underwritten ⇒ $50 per issued policy 50%-59% Underwritten ⇒ $100 per issued policy 60%-69% Underwritten ⇒ $200 per issued policy 70% + Underwritten ⇒ $300 per issued policy Qualify with just three approved applications — regardless of underwriting class. Valid January, February and March. Humana’s Q1 2021 Incentive: A Unique Opportunity To Achieve #goldencareagent #medicare #aep
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Administrative Alert! Changes to Indexed Life Portfolio
Administrative Alert! Changes to Indexed Life Portfolio Due to the continuing economic impact of the COVID-19 pandemic, it is necessary to reduce cap rates and participation rates on some of the accounts within our Indexed Universal Life product portfolio. These changes will take effect for all premium received and new indexed segments created after Friday, January 15, 2021. All premium received on or before January 15 for approved and existing policies will have current rates applied. Illustrations will be updated January 15, 2021. Many considerations go into determining the cap and participation rates – and we want to make sure
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Understanding your Exposure with Telephone Solicitations
Telephone solicitations are an important aspect of insurance marketing. Unfortunately, this has become a high-risk endeavor. The Telephone Consumer Protection Act of 1991, better known as the TCPA, was enacted to protect consumers from unwanted telemarketing calls and faxes. It imposes liability in the form of regulatory fines and incentivizes private plaintiffs to pursue claims with statutory damages of $500 to $1,500 per call, with no limit. Attorneys’ fees for defending TCPA actions can easily reach hundreds of thousands of dollars and multi-million dollar settlements are, unfortunately, a common occurrence. Agents and brokers are expected, and contractually required, to act
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Errors and Omissions Insurance Reminders
Mutual of Omaha and its affiliates (United of Omaha and United World) require Errors and Omissions Insurance in the amount of $1 million (per claim) prior to selling the following insurance products: • AccumUL Answers • Term Life Answers • Income Advantage IUL • Life Protection Advantage IUL • Bonus Flexible Annuity • Ultra Secure Plus • Income Access • Ultra-Income product • Critical Illness (aka Critical Advantage) • Disability • Long-Term Care • Prescription Drug Plans As a GoldenCare producer, you have the ability to get this valuable coverage at a discount! Check out our Errors and Omissions and
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Thrivent LTC: Enhancements to e-App
Thrivent e-App Enhancements Thrivent has updated their e-App to reflect changes to the Illustration software, revisions to forms, and to simplify data input. These updates include: Agent ID is now required to submit an e-App: An application can no longer proceed without a Thrivent producer code. Personal Worksheet: Premium amount from the illustration auto input to the Personal Worksheet (Form 27156). Updated HIPAA form Couples Discount: Simplified interface (removal of dropdown) + Shared Care Rider now changes when updated in illustration Membership Application: The “Church Name” field is optional New Thrivent brand featured on Printed Output / PDF of applications
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Foreign National Questionnaire Now on iPipeline e-Apps
You are no longer required to submit a paper application if your client is a non-US citizen. The required Foreign National Questionnaire is now built into our iPipeline e-App for most products! Here’s what you need to know: Available on iPipeline e-App’s for: Indexed Universal Life Express (IULE) Term Life Express (TLE) Guaranteed Universal Life Express (GULE) Term Life Answers (TLA) AccumUL Answers Income Advantage IUL Life Protection Advantage IUL Who does this affect: Clients who are non-US citizens Make sure your client has the following ready in order to complete the Foreign National Questions: Visa Permanent Resident Card If
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Save Time and Use an e-Application
The Critical Advantage℠ Portfolio e-Application is easily accessible on Sales Professional Access (SPA) under the Electronic Applications link. Take advantage of this convenient and fast way to submit your applications for Critical Illness, Cancer and Heart Attack and Stroke products. Reasons to Use the e-Application Allows you to quote a premium and complete an application at the same time You’re always using correct forms and your applications are completed in good order Provides a paperless “green” experience Simple e-signature process Auto-save functionality A dashboard shows all applications in process Saves time- assures application is in good order at the time
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Medicare Solutions – Omaha Family of Companies
Medicare Supplement: Upcoming Rate Adjustments View upcoming rate adjustments effective March 1, 2021. Amplifon Hearing Aid Discount Change Hearing aid discount offer will expire on January 31, 2021. 4th Quarter Mutual Matters Publication is Available on SPA The 4th Quarter version of Mutual Matters is now available on SPA. 2021 Med Supp Broker Bonus Program Make some extra cash, when you write Medicare supplement policies, through our Broker Bonus program. Upcoming Rate Adjustment View upcoming rate adjustment for Nevada, effective April 1, 2021. Dental: Dental Rate Reduction in Washington Washington has approved a rate reduction
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Medicare Solutions – Omaha Family of Companies
Medicare Supplement: Upcoming Rate Adjustments View upcoming rate adjustments for Florida Supplement and Select, effective February 1, 2021. Do Your Medicare Clients Have Cancer or Heart Attack and Stroke Coverage? As the nation ages, the chances of people suffering from cancer or heart disease increases. Learn how you can help your clients fill the gap between coverage and out-of-pocket expenses. Dental: Spotlight on Dental-The Need Review the many ways Dental insurance can benefit your Medicare supplement clients. #goldencareagent #mutualofomaha
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New Underwriting Guidelines Booklet – Now Available
The Life Insurance Underwriting Guidelines booklet has been updated for January 1, 2021 and is now available to order. Changes effective January 1, 2021 include: The IRS Tax Transcript form number that was previously 4506T-EZ has been updated and is now 4506-C. The new 4506-C tax transcript form is available to download on SPA. The generally acceptable maximum face amount for juveniles has been increased from $100,000 to $250,000; and the maximum we will consider has been increased from $250,000 to $500,000 We will now request a pharmaceutical check (Rx) for all Juvenile policies The updated guide is available to
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