We are excited to announce maximum issue age increases to both our IUL Express and Term Life Express Non-ROP (10T) products that will be effective March 1, 2023! These enhancements will position our Simplified Issue product options to be available in more sales scenarios and will serve a wider range of clients. Below are some of the key updates you will need to know: IUL Express Maximum issue ages for both Tobacco and Non-Tobacco ratings will increase to age 75 Currently Non-Tobacco is age 70 and Tobacco is age 65 Maximum face amount for ages 71-75 will remain $150,000 Term
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Flexibility of the Guaranteed Refund Option Rider
The flexibility of our Income Advantage IUL and Life Protection Advantage IUL can benefit your business clients with the Guaranteed Refund Option rider. This no-cost rider can help provide them with cash surrender options when planning for the future of their company, whether they are planning for: Key Person insurance Cross-Purchase Buy-Sell Arrangement Business Succession Planning These are just a few scenarios that may help business clients who need the flexibility of IULs from United of Omaha. If you have any questions, please contact your Mutual of Omaha’s Sales Support at (800) 693-6083 or email sales.support@mutualofomaha.com. Flexibility of
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Close the Sale Faster with Automated Underwriting
With Automated Underwriting, you receive a point-of-sale decision day or night with your clients. The process is simple — use the iPipeline iGO e-App on your IUL Express, Living Promise, and Term Life Express applications and it will automatically go through Automated Underwriting. Looking for e-App training, or simply want to understand the process better? Check out our e-App training videos. They walk you through each step of the process – or you can skip ahead to the specific section you need. IUL Express Living Promise Term Life Express Find these helpful resources and more on mutualofomaha.com/simple. No need to
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LTC Rider Can Help Protect Clients Futures
Do your clients realize how expensive long-term care services can be? The costs can easily average more than six figures annually and only continue to rise. Help clients understand why it’s so important to have a plan in place for their long-term care needs, whether it’s through a Long-Term Care Insurance policy or our Long-Term Care Rider on our IULs. For more information about our Long-Term Care Rider, including rider information and updated marketing tools, go to MutualofOmaha.com/ltc-rider. LTC Rider Can Help Protect Clients Futures #goldencareagent #mutualofomaha
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Reward Your Fit Clients
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. Reward Your Fit Clients #goldencareagent #mutualofomaha
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Submit Business Online
The e-Application process is faster from beginning to end. It ensures accuracy, saves time and gets clients covered quickly. It also: Reduces your paper app supply Ensures you have the correct forms, no matter where you are Allows you to track your apps from start to finish Enables you to validate your apps while you are still in the field Learn how to get started with online application submission using our Quick Start User Guide. Submit Business Online #goldencareagent #mutualofomaha
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Life Insurance Offers Real-Life Solutions
Most people have no idea how expensive long-term care services are. According to a 2017 report from the U.S. Department of Health and Human Services, almost 70 percent of people over age 65 will require chronic care later in life. And, these long-term care services can quickly erode a client’s savings. But what if your client doesn’t qualify for long-term care? We understand that they still need some form of protection. And that is one of the reasons we automatically issue a Chronic Illness Rider on all of our Income Advantage and Lifetime Protection Advantage IULs — with NO additional
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We Know That There Are Risks That Come With Waiting
A consequence of waiting to purchase life insurance that clients may not be aware of is the impact waiting could have on the amount of income they can take from their policy down the road. Waiting even just a few years could change the income potential by thousands of dollars a year. Read our sales idea for a better understanding of just how much of an impact this could make on clients policy. We Know That There Are Risks That Come With Waiting #goldencareagent #mutualofomaha #iul
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Be Sure to Discuss the Living Benefits of IUL Express
Indexed Universal Life Express (IUL Express) provides a host of benefits to your clients’ loved ones. The most important one is that their beneficiaries will receive a one-time death benefit in the amount your clients choose, ranging from $25,000 to $300,000.* This death benefit is paid directly to their beneficiaries to replace lost income and maintain their standard of living. In addition to the death benefit, IUL Express policies come with living benefits at no additional cost. The Accelerated Death Benefit Riders for terminal, chronic and critical illness**, may allow your clients to access a portion of the death benefit
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Simplified Issue Time Service Update
Mutual of Omaha would like to thank you for the business we have received, and continue to receive, due to your commitment and partnership! Our Simplified Issue Life Underwriting team is currently experiencing an unprecedented volume of new business, and in turn is experiencing delays in time service. We are committed to keeping you updated on our service times. Our current time service levels are listed below. Please note, business days do not include weekends. Current Simplified Issue Life Service Levels: New Business Reviews: 3-4 business days from receipt Policy Issue: On average 5 business days, depending on requirements needed
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