Long-Term Care insurance (LTCi) is a core product for Mutual of Omaha, and we intend to remain a key player in this market for years to come. To fulfill this commitment, we actively monitor emerging industry trends and make any adjustments necessary that enable us to keep our promises to policyholders and remain competitive in the marketplace. For this reason, we will be implementing the following rate adjustments effective May 1, 2020: Block of Business Impacted States LT50, NH50, HCA, NHA & LTA Hawaii For a complete rate history, see the state approval grid on Sales Professional Access. Policyholder
Read More
iGO e-App Training
If you’re looking for an even faster way to submit business, use our iGO (in Good Order) e-App featuring Automated Underwriting for Living Promise and Term Life Express. Both of these online applications ensure you have the right forms and all required fields are highlighted in yellow preventing mistakes and saving you time. Even better? We also offer Automated Underwriting on Living Promise and Term Life Express e-Apps so you will receive an instant underwriting decision while you’re with the client. Want to learn more? Watch our agent training videos below. > Living Promise Email Signature Method > Living Promise
Read More
Help Clients Understand Their IUL Express Allocation Options
The accumulation value within an Indexed Universal Life Express (IUL Express) policy earns interest at a rate that is calculated based on the performance of a market index. If you use the IUL Express Easy Solve, the 100% participation rate crediting strategy will be selected, but your clients also have additional crediting strategy options. Your clients can choose from three crediting strategies, all based on the performance of the S&P 500, as well as a fixed account. This allows them to tailor their policy based on how they believe the index will perform. Clients can choose to allocate all of
Read More
Medicare News – Omaha Family of Companies
Medicare Supplement: Upcoming March Rate Adjustments View upcoming rate adjustments for Kentucky and Pennsylvania. Upcoming Rate Adjustment View upcoming rate adjustments for Hawaii, Mississippi and Texas. Rate Release for March 2020 View March 1, 2020 Rate Releases in Illinois, Iowa, Nebraska, South Dakota and West Virginia. Spotlight on Dental- Our Product Our dental insurance may be the answer to your clients healthcare needs. New Med Supp Customer eNewsletter In January Mutual released a new e-Newsletter exclusively for their Medicare supplement policyholders. Learn more. Medicare Advantage and Prescription Drug Plans: Prescription Drug Plan Commissions There has
Read More
In-Force Rate Action Announcement: Oregon (Privileged Choice® and Classic Select®)
> Privileged Choice® and Classic Select® with Stable Premium Option As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Oregon has now allowed the following increases: Oregon Product Series Increase Percentage Privileged Choice 48.1% Classic Select 48.1% Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the start of policyholder notifications. Policyholder notifications will begin February 18, 2020 and will continue throughout the next
Read More
2020 Partnership Minimum Benefit Requirements for CA, CT, IN and NY
Each year, the original Partnership states (CA, CT, IN and NY) revisit certain minimum benefit requirements to qualify for their Partnership programs. The requirements that are changing for 2020, as well as some (but not all) minimum Partnership requirements that not changing, are listed below. California Partnership The following minimum benefit requirements for Partnership in California are changing for 2020. Requirements 2019 2020 Minimum Daily Benefit $220 $230 Minimum Monthly Benefit $6,820 $7,130 Connecticut Partnership The following minimum benefit requirements for Partnership in Connecticut are changing for 2020. Requirements 2019 2020 Minimum Daily Benefit $283 $291 Minimum Monthly Benefit
Read More
Genworth, Industry News, and Long-Term Care.
Genworth, insurance, Long-Term Care, long-term care insurance, LTC, and LTCi.
Genworth, insurance, Long-Term Care, long-term care insurance, LTC, and LTCi.
EssentialLTC Sales Guide Redesigned!
NGL Sales Guide Redesigned The EssentialLTC Sales Guide is redesigned to highlight popular product features with case studies demonstrating when and how each product feature can be used. Understanding the product features allows you to better customize plans and meet the needs of your clients. The hypothetical examples included in the new Sales Guide illustrate how EssentialLTC may benefit a client’s situation and are listed below: Lifetime Benefit Period Extension Rider Shared Benefit Amount Rider Return of Premium Riders Return of Premium with Optional Policy Surrender Riders Flexible Premium Payment Options Inflation Protection Riders Click here to log in to
Read More
LTC Application Update – No Premium Deposit
New – No premium deposit required with applications It’s easier for you to submit EssentialLTC applications. Thanks to your feedback you can now submit mailed paper applications, E-APPs and upload signed paper applications without including a premium deposit. This new feature is available now. Benefits of using E-APP You can work with clients nationwide Share your screen with clients or use it directly with the client Integrates illustration information into the application Time efficient application process Reduces “not in good order” applications Faster processing of business Click here to submit new business. NGL: Announcing LTC Application Updates #goldencareagent #ngl
Read More
Medicare Supplement Now Available for Wisconsin
Available on Paper Only – e-App coming soon! Extremely competitive rates • Great household discounts 3-4 day turnaround time • Over 40 years in the market Available on our e-App • Get paid weekly ORDER SUPPLIES Available in 31 and more coming soon! Be sure you have the most recent Medicare Supplement Underwriting Guide as this has been revised. Medicare Supplement Now Available for Wisconsin #goldencareagent #gtl #medsupp
Read More
Annuity Sales Nearly Doubled—Two Years in a Row!
“THE INSURER THAT ALMOST DOUBLED ANNUITY SALES TWO YEARS IN A ROW” The Kuvare family of companies have experienced an outstanding combined annuity growth of 97% in 2018, followed by an increase of 85% in 2019. We may have just vaulted into the top 50 annuity companies in the U.S., according to a recent article from Life Annuity Specialist. See the complete article below: It’s an exciting time to be growing with GILICO and Kuvare. Thank you for your partnership and for helping us reach these amazing achievements! Read the Latest Kuvare Article Here #goldencareagent #gilico
Read More
