Additional COVID-19 Notice required for LTCI sales in New Mexico
Action required beginning March 27; provide COVID-19 notice to prospective customers Beginning March 27, all financial professionals in New Mexico who sell Thrivent long-term care insurance (LTCi) are required to provide an additional COVID-19 (coronavirus) notice to prospective customers. The notice will be included in New Mexico app packets on partner.thrivent.com or on iPipeline’s FormsPipe. Click here to view a sample. #goldencareagent #thrivent #ltc
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Thrivent LTCI News: Underwriting updates regarding COVID-19
Underwriting Questions FAQ (COVID-19) Last updated 03/25/2020 How are we underwriting COVID cases? Applicants positive for COVID 19 will be postponed. We will reconsider coverage 3 months after a negative test for COVID 19. Is Thrivent waiving underwriting requirements due to COVID 19? We are not waiving any underwriting requirements at this time. What if during policy delivery while completing the Statement of Good Health, it’s learned that the insured has tested positive to COVID-19 since the initial application? Client will need to wait until 90 days after being fully recovered at which time they can re-apply. Are we taking
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OneAmerica Care Solutions News
Supporting our partners and customers Our Response to COVID-19 We hope you and those closest to you are doing well as the COVID-19 outbreak continues to affect businesses and communities throughout the country and across the world. OneAmerica has long been in the business of helping individuals and businesses plan for the future and protect themselves during uncertain times, and this is no exception. As the outbreak of COVID-19 continues and knowing that this situation will continue to evolve over the coming weeks, we want to make sure you’re aware of the steps we’re taking to protect our associates, customers
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Industry News, Linked Benefit/Hybrids, and OneAmerica.
Asset Care, hybrid, insurance, linked benefit, LTC, oneamerica, State Life, and training.
Asset Care, hybrid, insurance, linked benefit, LTC, oneamerica, State Life, and training.
Underwriting Materials Updated for New Term Conversion Guidelines
On March 18th we announced changes to our term conversion rules on our Term Life Answers fully-underwritten term insurance product. Our new Underwriting Guidelines booklet has been updated with the new term conversion guidelines and is available for ordering through your normal supply channels. And our newly updated Term Conversion Guidelines flyer also gives guidance for both of our term products, Term Life Answers and Term Life Express, regarding: The term conversion periods The conversion products available The compensation paid on conversions If you have any questions about our term products or their conversion privileges, please contact Mutual of Omaha’s
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Term Life Answers Pricing Changes
It’s important that we continually review our product portfolio and make decisions that are in the long-term best interest of our policyholders and our distribution partners. Effective April 1, 2020, we will be updating our Term Life Answers (TLA) product pricing for new issue policies. Our TLA product continues to provide clients with value and we will continue to offer these competitive product features: Age Last Birthday Underwriting FIT Underwriting Credit Program Accelerated Underwriting Program Flyer (for drop ticket applications only) Conversion Priviledges No-Cost Waiver of Premium for Unemployment Rider In addition to the product features above, effective April 1,
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Upcoming Rate Changes for Life Products
We are announcing upcoming changes to our participation rates, cap rates and fixed account rates on our life products. These rate decreases come as a result of the current rate environment and the increased market volatility, which causes an increase in options costs. Effective April 1, 2020, we will be lowering the fixed crediting rate on Income Advantage IUL, Life Protection Advantage IUL, IUL Express and AccumUL Answers. Effective May 10, 2020, we will be making changes to our participation rates and cap rates on our Income Advantage IUL and Life Protection Advantage IUL products. Fixed Crediting Rate Changes Effective
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Medicare News – Omaha Family of Companies
Medicare Supplement: 2nd Quarter Broker Bonus Incentive Program View details on Mutual of Omaha’s Medicare supplement Broker Bonus Program. 2020 Med Supp Buyer’s Guides Latest update on the availability of the 2020 Med supp buyer’s guides. New Plans Available in MN and WA View upcoming High Deductible G Availability information. #goldencareagent #mutualofomaha
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2020 Med Supp Buyer’s Guides
The 2020 buyer’s guides, Choosing a Medigap Policy: A Guide to Health Insurance for People with Medicare and the Wisconsin Guide to Health Insurance for People with Medicare have been released. Regarding the Wisconsin buyers guide (337129_2020) The guide is print-on-demand and is available today for ordering. It may be ordered individually or in the Wisconsin Med supp sales kit. It will be updated in the e-App documents on March 26 It is also available now on Sales Professional Access (SPA) mutualofomaha.com/broker Forms and Materials to view and download. Regarding the Center for Medicare and Medicaid Services (CMS) Med supp
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2nd Quarter Broker Bonus Incentive Program
You can make even more bucks on your Medicare supplement underwritten business through our 2020 2nd Quarter Broker Bonus Program. Here are the nuts and bolts: Qualification Period: Bonus Program period is from April 1, 2020 to June 30, 2020. Eligible states: Payment will be made on qualified applications in the following states: Alabama Illinois Nebraska Ohio Texas Arizona Iowa Nevada Oklahoma Utah Colorado Kentucky New Jersey Oregon Virginia Florida Louisiana New Mexico Pennsylvania West Virginia Georgia Maryland North Carolina South Dakota Wyoming Idaho Mississippi North Dakota Tennessee Qualifying Apps: All Medicare supp applications, any state, any Plan
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