GWIC’s CASH CLIMB Incentive

CASH CLIMB INCENTIVE Get rewarded for selling more first-day coverage and graded benefit plans Get your footing and start your climb with this limited-time opportunity to earn cash and prizes while selling Great Western Insurance Company (GWIC®) Final Expense products. With GWIC’s Cash Climb incentive, the more you sell, the higher you climb, and the bigger the reward. Incentive details From Jan. 1, 2023, through June 30, 2023, achieve a taken rate1 of 65% or higher with at least 40% of business issued as first-day coverage or graded benefit (Great Assurance® or Graded Benefit) policies. Earn cash and other prizes
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Categories: Great Western, Industry News, and Life Insurance.

Updated Life Underwriting Guidelines

The Life Underwriting Guidelines for Term and Permanent Products has been updated, new for January 1, 2023, and is now available to order. Some changes include: Inspection Reports – page 14 The Fully Underwritten Requirements Chart – pages 16 & 17 Fit Program parameters – page 23 Accelerated UW Program – page 26 Impairments – pages 34, 35 & 38 Remember, all materials are available to view/download through SPA or can be ordered through your normal channels. If you have questions, please contact your Sales Director or Account Executive.   Updated Life Underwriting Guidelines   #goldencareagent #mutualofomaha
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

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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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Administrative alert – SecureCare III price improvement

SecureCare III price improvement Effective January 23, rates for SecureCare™ III will be reduced by 25 percent across all case scenarios in all states except AZ, CA, CT, DE, DC, FL, IN, MT, NJ, ND, NY, SC and SD. SecureCare III is a long-term care (LTC) and nonparticipating whole life insurance policy. Transition rules The new SecureCare III rates will be available January 23, 2023 in all states except AZ, CA, CT, DE, DC, FL, IN, MT, NJ, ND, NY, SC and SD. All pending applications that have an effective date on or after January 23, 2023 will automatically be
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Categories: Industry News, Life Insurance, and Securian.

Introducing the Four Quarters Club

You work hard all year long to fulfill your clients’ expectations, and Mutual of Omaha feels you should be rewarded for your diligence. We are thrilled to introduce the Four Quarters Club, a brand-new incentive program that pays out a 10% bonus on a quarterly basis to all qualifiers. Beginning January 1, 2023, you’ll have not just one, but four opportunities to earn funds that you are able to use at your discretion. You take care of your clients throughout the year and in 2023 we will recognize your hard work and dedication throughout the year as well. Find all
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

View past due policies in the agent portal

View past due policies in the agent portal You can view your past due business at any time in the Quality Report on the Reports page of Great Western Insurance Company’s (GWIC®) agent portal, so you know which clients to touch base with before their policy lapses. Access the report Click the Reports button on the home page of the agent portal. Select the Quality Report from the list and the Daily Dashboard report will populate. Click the red “i” on the Past Due Policies button. Policies, total past due premiums, annual premiums, lapse dates, and more information will display.
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Categories: Great Western, Industry News, and Life Insurance.

Upcoming Fixed Account Rate Changes for Life Products

Fixed Account Rate Changes Effective January 1, 2023, we are increasing the fixed crediting rates as follows: Income Advantage IUL fixed account rate will increase 0.50% from 3.00% to 3.50% Life Protection Advantage IUL fixed account rate will increase 0.50% from 2.75% to 3.25% IUL Express fixed account rate will increase 0.50% from 2.75% to 3.25% These rates change will apply to newly issued policies, as well as to any new premiums received on in force policies. Your WinFlex illustration software will automatically update to reflect the new fixed account rate on January 1st. There will be no changes to
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Promote Living Promise in Your Own Way

Our Living Promise consumer prospecting postcard is customizable – you select the ages, face amounts and the photo to match the target market you are trying to reach. Contact sales.support@mutualofomaha.com to place an order today!   Promote Living Promise in Your Own Way   #goldencareagent #mutualofomaha
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Perfect your Final Expense sales approach

3 ways to start the life insurance conversation Perfect your Financial Expense sales approach Starting the life insurance conversation isn’t always easy. Especially if a client is on the fence about signing up for a policy, you may not be sure how to approach the situation. But it often only takes a few steps to get your client to warm up. Review the 3 steps     #goldencareagent #gwic #greatwestern #finalexpense
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Categories: Great Western, Industry News, and Life Insurance.

Verify mailing addresses with USPS

Verify mailing addresses with USPS When you’re entering your clients’ information into MyEnrollerSM 4.0, you can verify that you’ve selected the correct address by using the United States Postal Service (USPS) ZIP Code tool. Look up an address     Reach new clients using social media graphics If you want to expand your business into the world of social media but aren’t sure how to get started, Great Western Insurance Company (GWIC®) has a collection of informative and catchy Final Expense insurance graphics you can easily download and post to your professional account. Follow the directions on how to use
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Categories: Great Western, Industry News, and Life Insurance.