How COVID vaccination affects underwriting decisions

June 4, 2021 | by | Comments Off on How COVID vaccination affects underwriting decisions

How we’re approaching COVID-19 vaccination Securian Financial remains focused on delivering high levels of service, helping customers with their insurance needs, and maintaining our financial strength. Your support in delivering on this focus has provided valuable insights to best navigate the unpredictable nature of a pandemic, while addressing the additional risks it presents. Over the past few months, much of our attention has turned to COVID-19 vaccinations. Not surprisingly, many questions have arisen on use of vaccination information in underwriting. In response, our Medical & Applied Research Services team has been actively monitoring vaccine efficacy, safety, availability and uptake, which
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Categories: COVID-19, Industry News, Life Insurance, and Securian.
Tags: Financial Professional, Financial Professionals, insurance, Life Insurance, Minnesota Life, Producer, Producer Support, protection, sales support, SecureCare, SecureCare UL, Securian, Securian Financial, Securian Life, and Securian Life Insurance Company.

New! Text messaging feature to help customers start their tele-interview

June 4, 2021 | by | Comments Off on New! Text messaging feature to help customers start their tele-interview

Life Insurance, Technology, Securian Financial | May 13, 2021 New! Text messaging feature to help customers start their tele-interview To make the underwriting process more convenient for our customers than ever before, we are excited to announce the introduction of text message notifications. In partnership with APPS, we are piloting text messages to customers who need to complete a tele-interview. The tele-interview will still need to be completed over the phone, but the text can be a helpful reminder that a tele-interview is needed, making it easy for your clients, to get in touch with an interviewer. How will this
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Categories: Industry News, Life Insurance, and Securian.
Tags: Financial Professional, Financial Professionals, insurance, Life Insurance, Minnesota Life, Producer, Producer Support, protection, sales support, SecureCare, SecureCare UL, Securian, Securian Financial, Securian Life, and Securian Life Insurance Company.

IUL Express – A great fit for Simplified Issue Life Insurance

June 4, 2021 | by | Comments Off on IUL Express – A great fit for Simplified Issue Life Insurance

Do you have clients who are looking for a simplified issue permanent and affordable life insurance coverage? Indexed Universal Life Express can fit many situations where your client needs coverage to help protect their lifestyles and their family. Ideal clients are: Pre-retirees who are beginning to plan for final expenses Parents with young children at home to replace lost income Clients who have just purchased a new home Clients who need their coverage issued quickly People who want permanent coverage but done like getting their blood drawn Clients who have Term Life Express and are ready to convert their policy
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: express, indexed universal life, insurance, IUL, IUL Express, IULE, life, Life Insurance, life policies, living benefits, mutual of omaha, Mutual of Omaha Insurance Company, omaha, simplified underwriting, and United of Omaha.

S&P Affirms Securian’s AA- (Very Strong) Rating & Stable Outlook

June 4, 2021 | by | Comments Off on S&P Affirms Securian’s AA- (Very Strong) Rating & Stable Outlook

S&P maintains Securian Financial’s AA- rating and stable outlook On Friday, May 15, 2020, S&P published a Research Update on Securian Financial, affirming our insurance financial strength rating of AA- (Very Strong) and our Stable outlook. The rating and outlook apply to Securian Financial affiliates, Minnesota Life Insurance Company and Securian Life Insurance Company. S&P cites our excellent capital position, strong business diversity, exceptional liquidity, well-diversified investment portfolio and tight risk controls as the major reasons for affirming our ratings and outlook. Our strong industry ratings reflect how our historical approach to smart growth and strong enterprise risk management keeps
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Categories: Industry News, Life Insurance, and Securian.
Tags: Financial Professional, Financial Professionals, insurance, Life Insurance, Minnesota Life, Producer, Producer Support, protection, S&P, sales support, SecureCare, SecureCare UL, Securian, Securian Financial, Securian Life, Securian Life Insurance Company, and Standard & Poor's.

Securian’s Corporate Social Responsibility Report

June 3, 2021 | by | Comments Off on Securian’s Corporate Social Responsibility Report

In a year of pivots, volunteerism was no stranger to change in 2020. We’re so proud of our employees’ commitment to giving back. Read what they accomplished in our 2020 Corporate Social Responsibility Report. Securian’s Corporate Social Responsibility Report     #goldencareagent #minnesotalife #securian
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Categories: Industry News, Life Insurance, and Securian.
Tags: Corporate Responsibility, Corporate Social Responsibility, Financial Professional, Financial Professionals, insurance, Life Insurance, Minnesota Life, Producer, Producer Support, protection, sales support, SecureCare, SecureCare UL, Securian, Securian Financial, Securian Life, and Securian Life Insurance Company.

Important Information Regarding GUL Express

May 28, 2021 | by | Comments Off on Important Information Regarding GUL Express

At Mutual of Omaha, we know how important it is to provide product solutions that help customers achieve their financial goals. We also know it is imperative that we make prudent business decisions to help ensure we remain profitable so we can be here when it comes time to fulfill the promises we’ve made to our policyholders. We have made the difficult decision to no longer offer our Guaranteed Universal Life Express (GUL Express) product beginning June 1, 2021. I want to assure you that we remain committed to the simplified issue marketplace and we will continue to offer product
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: brokerage, brokerage sales, guaranteed universal life, guaranteed universal life express, GUL, GUL Express, GULE, insurance, life, Life Insurance, Mutual Income Solutions, mutual of omaha, Mutual of Omaha Insurance Company, and omaha.

COVID-19 drives interest in life insurance

May 28, 2021 | by | Comments Off on COVID-19 drives interest in life insurance

According to the 2021 Insurance Barometer Study from Life Happens and LIMRA, the Coronavirus pandemic has driven an increase in life insurance purchase intent, with 31% of consumers more likely to buy life insurance due to COVID-19. 1 The impact is even greater among distinct audiences, with the likelihood of buying increasing to 45% among millennials and 42% among respondents who have household incomes of $150K or more.1 This changing mindset seems to indicate that consumers are thinking of additional ways to protect themselves and their families and that life insurance has become more of a priority relative to other
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Categories: COVID-19, Gerber Life, Industry News, and Life Insurance.
Tags: agent appointment, appointment, contracting, CSO Tables, Gerber, Gerber Life Insurance Company, insurance, Just-In-Time, Life Insurance, and Premiums.

Product changes clarification and past due policies reporting

May 28, 2021 | by | Comments Off on Product changes clarification and past due policies reporting

Product changes clarification and new past due policy reporting Clarification: Updates to Final Expense portfolio On May 1, 2021, Great Western Insurance Company (GWIC®) adjusted the Final Expense product portfolio. The only change that was made to the Guaranteed Assurance (Guaranteed Issue) product was the chargeback period on deaths is now 12 months. The Assurance Plus (First-day coverage) product’s changes are: The minimum age was changed from age 40 to age 50. The minimum face amount increased to $2,500. The chargeback period on deaths was changed to 12 months. View past due policies Previously named the Submitted and Pending Dashboard,
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Categories: Great Western, Industry News, and Life Insurance.
Tags: FE, final expense, financial strength rating, Great Western, Great Western Insurance Company, GWIC, insurance, Life Insurance, whole life, and whole life insurance.

iGO No Longer Supports Internet Explorer 11

May 26, 2021 | by | Comments Off on iGO No Longer Supports Internet Explorer 11

NOTICE FOR INTERNET EXPLORER USERS Starting Monday, May 24, 2021, iGO e-App® will no longer support the Internet Explorer 11 (IE 11) browser. This means some browser features and content, such as the Credit Card Token process, will not be available. Browsers beware If you attempt to use iGO e-App® with IE 11, or any out-of-date browser, you will receive this message:     “Your browser is no longer supported. Some features and content may not work.”   Active Transamerica LifetimeSM & Transamerica Final Expense Solutions cases If you are using IE 11 and trying to complete a Lifetime or
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Categories: Industry News, Life Insurance, and Transamerica.
Tags: agent support, final expense, final expense insurance, insurance, life, Life Insurance, premium, Transamerica, Transamerica Life Insurance Company, whole life, and whole life insurance.

LTC Transition Rules and Best Practices

May 24, 2021 | by | Comments Off on LTC Transition Rules and Best Practices

From the Desk of Corri Campbell Last Tuesday, we sent a communication outlining the transition rules, implementation dates and benefit option changes to the MutualCare Solutions Portfolio for the states of Delaware, Florida, North Dakota and South Dakota. I wanted to personally follow up reiterating how important it is to take note of our transition rules as they were outlined: Old applications signed after May 31, 2021, will not be accepted. Old applications signed by May 31, 2021, but received by Mutual of Omaha after June 11, 2021, will not be accepted. In both scenarios, new applications will be required,
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
Tags: express, Express Underwriting, life, Life Insurance, mutual of omaha, Mutual of Omaha Insurance Company, omaha, pending cases, simplified issue, simplified underwriting, Underwriting', and United of Omaha.