Important Changes to COVID Guidelines

Mutual of Omaha continues to closely monitor our new business and underwriting practices to ensure we create efficiencies and improvements when making business decisions regarding our underwriting guidelines. We are happy to announce the following changes to our COVID guidelines for Fully Underwritten Life, effective June 1, 2023. Acceptance Guidelines Based on Insured’s Issue Age: We are now accepting applications on clients through age 79 without table rating restrictions Additionally, we are now able to consider clients aged 80-85 for Standard risk class ONLY Clients with a Positive COVID Test A Statement of Good Health continues to be required if:
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Categories: COVID-19, Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

New LTC Rider Underwriting Guidelines

We would like to inform you that we have updated our Long-term Care Rider underwriting guidelines, effective immediately. These updates have been made to ensure that we continue to provide the best possible service to your clients while maintaining the highest standards of risk management. We understand these changes may require some adjustments in your current processes, and we are here to help. If you have any questions or concerns about the updated guidelines, please do not hesitate to contact us at (800) 693-6063.   New LTC Rider Underwriting Guidelines   #goldencareagent #mutualofomaha
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Categories: Industry News, Life Insurance, Long-Term Care, and Mutual of Omaha (& Affiliates).

Strength and Stability You Can Count On

Over the past month you have probably seen a lot of product announcements from many carriers who are required to adjust their illustrations and products to comply with the new AG-49 revisions. You may be wondering when the Mutual of Omaha announcement would show up and here it is: “no changes required.” We do not need to make any changes to our indexed universal life (IUL) product portfolio or illustration software, we are already compliant. From the very beginning, we structured our IUL products to stand the test of time by building them with the lowest cost structure – no
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

No Hidden Caps or Participation Rate Changes With Our IULs

At Mutual of Omaha, we proudly publish our cap and participation rate history for all three of our IUL products each month—displaying our stability, with no hidden cap or participation rate changes. And, providing yet another reason why our indexed universal life products are a great choice for your clients. Life Protection Advantage IUL Historical Crediting Rates Income Advantage IUL Historical Crediting Rates IULE Historical Crediting Rates   Find out more about our IUL portfolio at DiscoverIUL.com!   No Hidden Caps or Participation Rate Changes With Our IULs   #goldencareagent #mutualofomaha
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Updates to Covid-19 Underwriting Guidelines

Mutual of Omaha continues to closely monitor our new business and underwriting practices to ensure we create efficiencies and improvements when making business decisions regarding our underwriting guidelines. We are happy to announce the following changes to our COVID guidelines for Fully Underwritten Life, effective March 1, 2023. Acceptance Guidelines Based on Insured’s Issue Age: We are now accepting applications for clients through age 74 and up to table 8, an increase from the prior Table 6 limit Ages 75-79 remain capped at Table 6 Ages 80+ continue to be postponed Clients with a Positive COVID Test A Statement of
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Categories: COVID-19, Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Did You Know That We Publish Our IUL Cap and Participation Rate History

Full transparency for our IULs at Mutual of Omaha means that we publish our cap and participation rate history for all three of our IUL products each month. Displaying our stability, with no hidden cap or participation rate changes. And proving why our products are a great choice for your clients. Life Protection Advantage IUL Historical Crediting Rates Income Advantage IUL Historical Crediting Rates IULE Historical Crediting Rates Find out more about our IUL portfolio at discoveriul.com.   Did You Know That We Publish Our IUL Cap and Participation Rate History   #goldencareagent #mutualofomaha #iul
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Transparent IUL Performance

At Mutual of Omaha, we continue to publish our cap and participation rate history for all three of our IUL products each month. We proudly display our stability and continue to offer no hidden cap or participation rate changes. Providing you with another reason why our products can be a great choice for your clients. Life Protection Advantage IUL Historical Crediting Rates Income Advantage IUL Historical Crediting Rates IULE Historical Crediting Rates Find out even more about our IUL portfolio at discoveriul.com.   Transparent IUL Performance   #goldencareagent #mutualofomaha #iul
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Fully Underwritten Life COVID-19 Updates

Mutual of Omaha has been closely monitoring our new business and underwriting practices from the beginning of the COVID-19 Pandemic. Throughout this time, we have periodically made business decisions regarding our underwriting guidelines. We are pleased to announce that we will be changing our temporary guideline changes effective August 1, 2022. These guidelines apply to all fully underwritten life insurance cases and includes all newly submitted and pending in-house cases, whether formal or informal. Acceptance Guidelines Based on Insured’s Issue Age: We will now accept applications for clients through age 79 and up to table 6 If the client is
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Categories: COVID-19, Industry News, Life Insurance, 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).

A Real-Life Solution with No Additional Underwriting Requirements

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