Our IUL Products are Built Strong

Our strong IUL products keep it simple. At Mutual of Omaha, strong doesn’t mean fancy or complex, tricky or manipulative. It means being able to stand out in the light with products we’re confident in and offering them clearly and honestly — no frills, no fuss. That’s why we created our IUL products the way we did — straightforward, simple and low-cost. Our IUL products do what IULs were originally designed to do — offer upside potential with downside protection, and they do it simply enough for your clients to understand what they’re buying. Simple, honest IUL products that do
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Initial Premium Bank Draft Update

In April, we announced an enhancement to our payment system. On all Life products, your clients’ initial premium payments would draft their bank accounts on the day they requested it instead of a few days after. Currently, there is a production issue affecting the enhancement we installed in April and initial premium bank drafts are being processed one to two business days after the date requested. Our IT team is working on a fix to correct this issue as soon as possible. We will notify you as soon as we repair the issue.   If you have any questions, please
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Final Reminder: August 1st Updates for 2017 CSO Table Changes

As a final reminder, throughout the remainder of 2019, United of Omaha will be modifying the products in our life insurance portfolio as we implement the 2017 Commissioners Standard Ordinary (CSO) Tables. Product Impacts The first phase of product changes will be implemented on August 1, 2019: Income Advantage IUL will be updated with the new tables. Impacts of these modifications include: There will be slight increases and decreases in our premiums, required minimum face amounts and disbursement amounts. Disbursement amounts will be consistently within 2% in either direction from our current disbursements, with very minor changes in our competitive
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Visit the Life Learning Center on SPA

If you are looking for product information and sales ideas, turn to our Life Learning Center section on the Sales Professional Access website. The Learning Center includes flyers, as well as a number of short videos so you can quickly learn more about our products and how they can benefit your clients Simply go to Sales Professional Access (www.mutualofomaha.com/broker), go to the Life Sales Tools page and choose from Product Education, Sales Ideas and Competitive Information.   Visit the Life Learning Center on SPA   #goldencareagent #mutualofomaha
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Customize Your Own Living Promise Postcard

Living Promise Whole Life Insurance can help ease the financial burden associated with outstanding medical bills, debt and final expenses. It offers your clients affordable premium rates that never increase, no medical exam is required and the policy can’t be canceled as long as premiums are paid and there has been no material misrepresentation. Call Mutual of Omaha’s Sales Support at 1-800-693-6083 to customize our Living Promise rate postcard today!   If you have questions, please contact Mutual of Omaha’s Sales Support at 800-693-6083 or email sales.support@mutualofomaha.com.   Customize Your Own Living Promise Postcard   #goldencareagent #mutualofomaha
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

AccumUL Answers is Available in California on August 1st

Effective August 1st, AccumUL Answers is approved for sale in California. AccumUL Answers offers your clients both a permanent death benefit and the potential to accumulate a cash value. This provides flexibility down the road if coverage needs change. You can also customize your client’s coverage with a variety of riders, including the riders below. The Accelerated Death Benefit for Terminal and Chronic Illness Riders. The Chronic Illness Rider provides benefits if the insured is unable to perform two of six Activities of Daily Living for 90 consecutive days or has severe cognitive impairment. The Terminal Illness Rider provides benefits
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Securian enhances ePolicy delivery capabilities

Doing business with us just got a little easier! Our ePolicy delivery capability has been expanded to more products! ePolicy delivery not only provides a paperless delivery experience, but it can reduce cycle time, meaning your clients receive coverage faster than traditional delivery! ePolicy delivery is now available for: Eclipse Protector IUL Value Protection IUL Accumulator Universal Life Secure Protector whole life Secure Accumulator whole life Orion IUL Balanced Growth Accumulator IUL Premier Variable Universal Life (VUL) VUL Defender*   #goldencareagent #minnesotalife #securian
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Categories: Industry News, Life Insurance, and Minnesota Life.

Business Planning Strategies Using the Guaranteed Refund Option

Life insurance can be an important planning tool for business owners. If you have business clients that want a Guaranteed Universal Life product, make sure they understand the additional value provided by the Guaranteed Refund Option rider on United of Omaha’s GUL. The GRO rider provides flexible options for business owners who are planning for the future of their company. And, it is available at no additional cost on qualifying policies. Here are three scenarios in which a life insurance policy with a Guaranteed Refund Option rider can benefit your business clients.   If you have questions, please contact Mutual
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Gerber Life – Reducing your clients pain points

Gerber Life Operations Update Agent Trends and Handling Your Client Pain Points   Gerber Life Insurance is always striving to make doing business with us easier. The Agent Trends flyer outlines 5 key areas that have been identified as pain points for clients. It also provides guidelines to Agents on how to properly handle these situations. By identifying these trends, Gerber Life Insurance is able to provide our agents with enhanced support and a better understanding of our processes. Our goal is to decrease trends in these areas and to determine if agents need additional information on our products, the
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Categories: Gerber Life, Industry News, and Life Insurance.

Gerber Life Discontinuing Medicare Supplement New Business Sales

July 03, 2019 Closing New Business Effective August 1, 2019 Gerber Life Insurance Company will no longer accept new business applications for Medicare supplement sales. Inforce Business There is no impact to existing business. Gerber Life will continue to service all existing Medicare supplement policies. Agent Contracting New producer contracts will no longer be accepted for Medicare supplements as of July 3, 2019. Medicare supplement contracts and appointments will be terminated. Agents contracted with Gerber Life to sell both Medicare supplement and Gerber’s other product lines will only have their Medicare supplement contract terminated. The agent’s Gerber appointment for life/health
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Categories: Gerber Life, Industry News, and Medicare Supp./Adv..