Critical Illness Product Update for Virginia

Mutual of Omaha is committed to providing insurance solutions to help you protect your clients and prepare them for the future. Due to the limited covered conditions available with the Critical Illness product in Virginia, we have determined the product does not meet the standards of Mutual of Omaha and the obligation we have to serve our clients. Effective May 2, 2022, we will no longer offer the Critical Illness product in the state of Virginia. The Cancer Insurance and Heart Attack & Stroke Insurance products will still be available. Effective Date May 2, 2022 Impacted Products Critical Illness Insurance
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Categories: Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).

Inforce Rate Adjustment New Quote Request Best Practices

After notification letters are sent, policyholders may choose to learn more about the options available to them for lowering premium. They should do so by contacting their agent or Mutual of Omaha’s customer service team. For policies issued 1987-2004, please call 1 (800) 228-7104 For policies issued 2004-2013, please call 1 (877) 894-2478 or email mutualofomahaltc@ltcg.com The expected turnaround time for quotes is 6-10 business days. If submitting a request through email on behalf of your client, please adhere to the following process: Submit the request to mutualofomahaltc@ltcg.com Ensure the subject line reads “Quote Request” followed by requester’s last name
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Inforce Long-Term Care Insurance Rate Adjustments Effective July 1, 2022

Mutual of Omaha actively monitors our inforce long-term care business, filing rate adjustments when necessary to ensure we keep our promises to policyholders and remain competitive in the marketplace. We will be implementing the following inforce rate adjustments effective July 1, 2022: Impacted Policy Forms Impacted States LTC04I Georgia, Minnesota and South Dakota LTC04G Georgia, Minnesota and South Dakota LTC04I7 Georgia, Minnesota and South Dakota LTC09M Georgia, Minnesota and South Dakota LTC06UI Georgia, Minnesota and South Dakota LTC09U Georgia, Minnesota and South Dakota LT50, NH50, HCA, NHA & LTA Connecticut, Louisiana and Minnesota HCAQ, NHAQ and LTAQ Louisiana and Minnesota
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Help Your Clients Get Fit

If your clients take care of themselves and lead a healthier lifestyle we want to reward them. How? By offering them underwriting credits on our fully underwritten term and universal life insurance policies offered by United of Omaha Life Insurance Company, including: Income Advantage IUL Life Protection Advantage IUL Term Life Answers AccumUL Answers Read the FIT flyer to find out if your clients may qualify for these credits.   Help Your Clients Get Fit   #goldencareagent #mutualofomaha
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Medicare Solutions – Omaha Family of Companies

Medicare Supplement: Upcoming Rate Adjustments View upcoming rate adjustments for various states.   Heads Up! – Earn More Cash With Marketing Credits Take a look at our 2022 Marketing Credits Program and get some cash back into your pocket.   Upcoming Rate Adjustments View upcoming rate adjustments for various states.   2022 Med Supp Buyer’s Guide Available Effective today, you may begin ordering the 2022 buyer’s guide, ‘Choosing a Medigap Policy: A Guide to Health Insurance for People with Medicare’, through your normal channels.   New Medicare Supplement Plans in Missouri Effective May 12, 2022, you may begin selling new
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Agents, do you have time to spare?

SecureCare III expertise in minutes Learning a new product takes time and incorporating it into your practice can take even longer. But who has time to spare? Our video resource library is designed to help give you the product knowledge, prospecting tools and sales ideas you need to get up to speed on SecureCare™ III, a long-term care (LTC) and nonparticipating whole life insurance policy, in minutes. In less than 7 minutes, you can discover: 3 things you should know about SecureCare III Where LTC protection fits in a retirement portfolio How to build a minimally funded policy with maximized
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Categories: Industry News, Life Insurance, and Securian.

Get more from Medico – starting May 1st

LIMITLESS EARNING INCENTIVE! With the Medico Medicare Supplement incentive program, the more you sell, the more you earn — and it’s easy! Unlimited bonuses kick in after just three approved and taken applications. It’s never been more rewarding to get your clients the affordable coverage they need. Applications must be dated between May 1st, 2022, and Dec. 31st, 2022. Effective dates for all must be no later than February 1, 2023.   Get more from Medico – starting May 1st   #goldencareagent #medico
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Categories: GoldenCare News, Industry News, and Medicare Supp./Adv..

How does Thrivent’s CareForward compare to other linked-benefit solutions?

Competitive Comparison: See how CareForward stacks up against other linked-benefit solutions. We compare against: Lincoln MoneyGuard III Pacific Life PremierCare Choice New York Life Asset Flex OneAmerica Asset Care 2019 Securian SecureCare III Nationwide CareMatters II Brighthouse SmartCare UL Competitive Comparison   Materials-at-a-Glance This one-pager has live links to the key consumer and producer pieces for both the traditional LTCi solution and CareForward. Download to your computer, and then click a link to open a document. Materials-at-a-Glance     Marketing Tab added to FormsPipe We have added a section on iPipeline’s FormsPipe for consumer-facing pieces related to CareForward. Here you
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Categories: Industry News, Linked Benefit/Hybrids, and Thrivent.

CareForward e-Application and Marketing Materials

e-App is now available on iGO The CareForward e-App is available on iPipeline’s iGO platform. You will access this via the same iGO portal you use to access Thrivent’s traditional LTCi e-App. Using the e-App will ensure your submission is In Good Order, and will greatly reduce your underwriting time. NOTE: Unlike the traditional product, the CareForward illustrations are not built into the e-App. Quotes must be run in WinFlex or on the Strategic Partners site (appointed producers only) and then attached to the e-App. E-App Guide   Printable Applications While the e-App is the preferred method of application, there
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Categories: Industry News, Linked Benefit/Hybrids, and Thrivent.

CareForward quoting and comparison tools now available

CareForward Linked-Benefit Solution Two tools related to the new product solution are now available: CareForward illustration: Create CareForward product proposals for your clients. Long-Term Care Comparison Tool: Use to compare LTCi product options for your client. Video Overview of Illustration and Comparison Tools CareForward – Illustrations The comprehensive illustration offers the capability to create product proposals showing the benefits and costs of the CareForward product for your clients. An iPipeline illustration is not available for this product. Highlights: Ability to design a case based on either the premium to be paid or the benefits required, including the LTC Maximum Monthly
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Categories: Industry News, Linked Benefit/Hybrids, Long-Term Care, and Thrivent.