Life Protection Advantage IUL Product Enhancement Available in California January 1, 2022

January 10, 2022 | by | Comments Off on Life Protection Advantage IUL Product Enhancement Available in California January 1, 2022

We are pleased to announce that effective January 1, 2022, the Life Protection Advantage IUL’s long-term, no-lapse protection guarantee will be extended from age 85 to 90 for the state of California. And, we are providing this additional 5-year guarantee at no additional cost for level-pay premium illustrations!* This exciting new enhancement helps make Life Protection Advantage even more competitive in the industry. In addition to providing protection that is guaranteed to age 90 at competitive premiums, Life Protection Advantage also offers: Competitive Protection Beyond Age 90 While the average 50-year-old in the U.S. has a life expectancy in the
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: Indexed UL, indexed universal life, insurance, IUL, Life Insurance, Life Insurance Awareness Month, Life Protection Advantage, Life Protection Advantage IUL, Mutual, mutual of omaha, Mutual of Omaha Insurance Company, omaha, Omaha affiliates, and United of Omaha.

iPipeline Product Drop Down Update

November 22, 2021 | by | Comments Off on iPipeline Product Drop Down Update

On December 1, 2021, we are updating the iPipeline product type drop-downs. Here’s everything you need to know. What’s Changing We are adding a NEW product type drop-down, Indexed Universal Life, where you can find all Indexed Universal Life products. Beginning December 16, 2021, these products will no longer be listed under the Universal Life product drop-down. We made minor changes to the application names for Term Life, Whole Life, and Universal Life products. Please note, these changes will not affect your pending applications. For a detailed look at the changes, including screenshots of the new drop-downs, please refer to
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: Indexed UL, indexed universal life, insurance, IUL, Life Insurance, Life Protection Advantage, Life Protection Advantage IUL, Mutual, mutual of omaha, Mutual of Omaha Insurance Company, omaha, Omaha affiliates, and United of Omaha.

Remember Your Why

October 11, 2021 | by | Comments Off on Remember Your Why

Throughout September, we’ve encouraged you to take the time to learn your clients’ stories and to help drive home the importance life insurance makes in leaving a lasting legacy for those they care about most. The I Sell Life Insurance card is a wonderful reminder to keep on your desk or in your wallet so you have a reminder of how important the work you do and the products you sell truly are to your clients. To place an order please contact Sales Support at sales.support@mutualofomaha.com. Thank you so much for all the work you do and for all the
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: Indexed UL, indexed universal life, insurance, IUL, Life Insurance, Life Insurance Awareness Month, Life Protection Advantage, Life Protection Advantage IUL, Mutual, mutual of omaha, Mutual of Omaha Insurance Company, omaha, Omaha affiliates, and United of Omaha.

Competitive Premiums and Protection with Life Protection Advantage IUL

October 11, 2021 | by | Comments Off on Competitive Premiums and Protection with Life Protection Advantage IUL

Life Protection Advantage IUL not only has competitive premiums, but it’s built to provide your clients with death benefit protection they can depend on. And, qualifying Life Protection Advantage policies come with a Guaranteed Refund Option (GRO) rider—so if your client no longer needs their coverage, there are seven 60-day windows in which they can surrender their policy and receive a refund of premiums (up to 50 percent at the end of year 15 and up to 100 percent at the end of years 20 through 25.) Find out the many ways your client can customize their Life Protection Advantage
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: Indexed UL, indexed universal life, insurance, IUL, Life Insurance, Life Insurance Awareness Month, Life Protection Advantage, Life Protection Advantage IUL, Mutual, mutual of omaha, Mutual of Omaha Insurance Company, omaha, Omaha affiliates, and United of Omaha.

Exciting News on Life Protection Advantage IUL

September 22, 2021 | by | Comments Off on Exciting News on Life Protection Advantage IUL

From the Desk of Michael Sladek Life Protection Advantage IUL Product Enhancement We are pleased to announce that beginning September 24, 2021, we will be extending Life Protection Advantage IUL’s long-term no-lapse protection guarantee from age 85 to age 90. And, we are providing this additional 5-year guarantee at no additional cost! This exciting new enhancement will help make Life Protection Advantage even more competitive in the industry. In addition to providing protection that is guaranteed to age 90 at competitive premiums, Life Protection Advantage also offers: Competitive Protection Beyond Age 90 While the average 50-year-old in the U.S. has
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: Discover IUL, Indexed UL, indexed universal life, indexed universal life express, insurance, IUL, IUL Express, IULE, life, Life Insurance, Life Protection Advantage, Life Protection Advantage IUL, Michael Sladek, Mutual Income Solutions, mutual of omaha, Mutual of Omaha Insurance Company, and omaha.

Satisfy the Need for Accumulation and Protection

September 13, 2021 | by | Comments Off on Satisfy the Need for Accumulation and Protection

Income Advantage IUL can provide your clients with valuable life insurance protection while also offering the opportunity to accumulate cash value for future needs, such as supplementing the client’s retirement income. Then by teaming an Income Advantage policy up with a Term Life Answers policy, you could create a possible ideal solution for clients who want to plan ahead for retirement, but also have a larger temporary life insurance need. Take a look at this flyer to view the case study of how this solution may work for your clients.   For more information on our products or for help
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: Income Advantage, Income Advantage IUL, indexed universal life, insurance, IUL, Life Insurance, Life Protection Advantage, Life Protection Advantage IUL, mutual of omaha, and omaha.

Important State of Washington Long-Term Care Rider Announcement

August 13, 2021 | by | Comments Off on Important State of Washington Long-Term Care Rider Announcement

From the Desk of Tess Grace & Marty Johnson We have been closely monitoring the sales volumes and regulatory environment with the Washington Cares Fund. Earlier this month, we announced the preferred deadline to submit applications with the Long-Term Care Rider for our Income Advantage and Life Protection Advantage IUL policies in the state of Washington. After further review, we have made the decision to suspend sales of the Long-Term Care Rider effective immediately in the state of Washington. We will continue to accept applications for the Income Advantage and Life Protection Advantage IUL policies that do not include the
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Categories: COVID-19, Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: Income Advantage, Income Advantage IUL, indexed universal life, insurance, IUL, Life Insurance, Life Protection Advantage, Life Protection Advantage IUL, mutual of omaha, omaha, Term Life Answers, TLA, United of Omaha, WA Cares Act, WA Cares Fund, WA LTSS Trust Act, WA State, WA Trust Act, Washington, Washington state, and Washingtonians.

Important update regarding IUL policies with the Long-Term Care rider in the state of Washington

August 9, 2021 | by | Comments Off on Important update regarding IUL policies with the Long-Term Care rider in the state of Washington

On July 21st, 2021, we announced an increase to the minimum face amount on all Income Advantage and Life Protection Advantage IUL policies with the LTC Rider to $250,000 in the state of Washington. Your business is important to us and we will make every effort possible to issue policies as soon as possible. However, we cannot guarantee policies will be issued by the Washington deadline. To give your applications the best opportunity of being processed before Washington’s November 1st, 2021 deadline, all applications should be received in the home office no later than Friday, August 6th, 2021. Thank you
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: Income Advantage, Income Advantage IUL, Indexed UL, insurance, IUL, Life Protection Advantage, Life Protection Advantage IUL, mutual of omaha, Mutual of Omaha Insurance Company, omaha, United of Omaha, WA Cares Act, WA Cares Fund, WA LTSS Trust Act, WA State, and WA Trust Act.

Long-Term Care Rider Minimum Face Amount Increase in the State of WA

July 26, 2021 | by | Comments Off on Long-Term Care Rider Minimum Face Amount Increase in the State of WA

Effective Thursday, July 22, 2021, for the State of Washington ONLY, Mutual of Omaha is increasing the minimum face amount required on all IUL insurance policy applications that include the long-term care rider to $250,000. This action is being taken to prevent individuals from applying for a life insurance policy with LTC to avoid the Washington State’s Long-Term Care Trust Act payroll tax deduction with no intention of keeping the policy in force. Mutual of Omaha has a responsibility to our policyholders and distribution partners to ensure our product offerings are used as designed, offering lasting life insurance and LTC
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: Income Advantage, Income Advantage IUL, Indexed UL, insurance, IUL, Life Protection Advantage, Life Protection Advantage IUL, mutual of omaha, Mutual of Omaha Insurance Company, omaha, and United of Omaha.

Exciting News Regarding Income Advantage IUL – 7702 & GRO Rider

July 26, 2021 | by | Comments Off on Exciting News Regarding Income Advantage IUL – 7702 & GRO Rider

Have you heard the news? Mutual of Omaha’s Income Advantage IUL product is now compliant with section 7702 as of July 8, 2021. This change has dramatically increased our competitive position in the “Cash Accumulation/Income” IUL marketplace. In addition, to our competitive position, the Income Advantage has some of the lowest internal costs in the industry. When you combine the GRO rider, low cost structure, competitive income values and our no cost Chronic/Terminal Illness or available LTC rider, the Income Advantage IUL should be considered one of your top “go to” IUL products. This change comes as a result of
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: Income Advantage, Income Advantage IUL, Indexed UL, insurance, IUL, Life Protection Advantage, Life Protection Advantage IUL, mutual of omaha, Mutual of Omaha Insurance Company, omaha, and United of Omaha.