Strong IUL Products from a Company with a Strong Reputation

At Mutual of Omaha, we’ve spent more than a century earning our reputation of strength and integrity. And while the world looks pretty different than it did in 1909, our reputation endures. You don’t have to take our word for it though. Objective, third-party assessments validate and reinforce Mutual of Omaha’s financial strength. We have consistently earned strong ratings from agencies such as A.M. Best, Standard & Poor’s and Moody’s Investors Service. So, with our IUL products, you can focus on selling a strong, honest product without having to sell the company. We’re a name they know and trust, with
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

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).

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..

The Extras on Life Protection Advantage IUL

Life Protection Advantage IUL has competitive long-term no-lapse guarantee premiums. But that’s not all. The product also comes with value-added features that many competitors don’t offer. A Guaranteed Refund Option Rider Unlike many other IULs, qualifying Life Protection Advantage IUL policies come with a premium refund option when clients pay the ‘guarantee to 85’ premium level. With this feature, if your clients no longer need their life insurance coverage, they have seven 60-day windows in which they can surrender their policy and receive their premiums back. A Terminal and Chronic Illness Rider — at no additional cost Life Protection Advantage
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Accelerate the Underwriting Process for TLA

Accelerated Underwriting for Term Life Answers® speeds up the traditional underwriting process and can provide you with an underwriting decision in 48-72 hours. How does it work? It’s simple. Submit a Speed eTicket (drop ticket). ExamOne will contact your client to complete the health interview. If approved through Accelerated Underwriting, no other requirements are needed – that’s right, NO paramed exam. If not approved through Accelerated Underwriting, no problem, the application will continue down the traditional underwriting path like normal. Our Accelerated Underwriting Program flyer explains the program in detail and can be shared with your agents..   If you
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Save Your Clients Money with Fit Credits

Our Fit Underwriting Credit Program can help your clients qualify for up to an additional two table credits from their base rating on both term and permanent products. When your clients get a better rating, they get additional cost savings. What makes the Fit Program unique? It is NOT a table shave program Clients as young as 18 years old can qualify It applies to both permanent AND term policies Take a look at the Fit Guide and be sure to complete the Fit Test with your clients to ensure they receive the best underwriting rating. If you have questions,
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).