One company with two solutions in one comparison tool

Solution Studio: One company with two solutions in one comparison tool Long-term care (LTC) and CareForward™ illustrations are now available using the new enhanced interface within Solution Studio, our new product illustration center. This means you can easily create and compare LTC and CareForward illustrations. The inputs to create an LTC or CareForward illustration are the same as they were in the Comprehensive illustration system, but you now have these added benefits available within the Solution Studio product illustration: Onscreen Illustration Summary and Projected Values. As you design an LTC or CareForward case, you can view the premiums and benefits
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Categories: Industry News, Linked Benefit/Hybrids, Long-Term Care, and Thrivent.

ClearCert: New LTCi Training Certification Tool

Effective August 25, 2022, Mutual of Omaha enlisted the services of ClearCert for Long-Term Care training certification requirements. What is ClearCert? ClearCert is an import tool that allows us to track certifications. Training certifications will automatically be uploaded and recorded in the Mutual of Omaha Producer Services system if the vendor they completed the Long-Term Care training through is a ClearCert subscriber. The automated process will ensure a faster turnaround time for both the contracting and underwriting processes and align with state training requirements This new process will apply to all states except the 10 listed below: Connecticut District of
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

AZ, CT, DC, FL & IN: Get your applications in now!

Get your applications in now! As a reminder, the states of AZ, CT, FL, IN and the District of Columbia will receive the Enhanced EssentialLTC on September 2, 2022. Get your applications in now to use the current rates before then! Features For joint policies, when one insured passes away the premium will now decrease to an amount specified on the illustration and Policy Schedule for each person. The Waiver of Premium Rider for Home and Community Care Services is now built into the policy and premium when Comprehensive Coverage is selected. The 10-Year Premium Payment Option is now fully
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Inforce LTCi Rate Adjustments Effective November 1, 2022

Mutual of Omaha actively monitors our inforce long-term care business, filing rate adjustments when necessary to ensure we keep our promises to policyholders and remain competitive in the marketplace. We will be implementing the following inforce rate adjustments effective November 1, 2022: Impacted Policy Forms Impacted States LTC04G Mississippi, Wyoming LTC04I Mississippi, Washington, Wyoming LTC04I7 Mississippi, Washington, Wyoming LTC09M Mississippi, Washington, Wyoming LTC06UI Mississippi, Washington, Wyoming LTC09U Mississippi, Washington, Wyoming LT50, NH50, HCA, NHA & LTA North Carolina   For details on yearly rate adjustment percentages, view the supplemental grid here. Policyholder Notification Process Policyholders will receive a letter notifying
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

LTCi Advanced Markets Podcast

Listen to the latest Advanced Markets Podcast to hear Stephen Alloy and Corri Campbell discuss the long-term care insurance industry, our cost of care tools, and how we may be entering enter the Golden Age of LTC. Listen now. View the Tools Discussed here: Rising Costs of Long-Term Care Services → LTCi Conversations → If you have any questions, please contact your Mutual of Omaha’s Sales Support at (800) 693-6083 or email sales.support@mutualofomaha.com.   LTCi Advanced Markets Podcast   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Four Truths about Long-Term Care

Four Truths about Long-Term Care In August, we are focusing on helping you have better proactive long-term care discussions with your clients. The Four Truths of Long-Term Care flyer is a consumer approved piece to introduce clients to the need to create an extended care strategy. Give this piece to clients to open the door for a conversation about their future care needs. State specific versions of this piece can be downloaded or ordered from www.tfltcstore.com. Download ICC version     #goldencareagent #thrivent #ltc
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Categories: Industry News, Long-Term Care, and Thrivent.

Just days remaining in our CareForward sales incentive

Earn an additional $150 for each qualifying CareForward contract* For each Thrivent CareForward application submitted between 6/1/22 and 9/1/22, and where the policy is paid and in-force by 12/1/22 you can earn an extra $150 per life. There is no cap to this incentive. This promotion is limited to the CareForward product. Sales of Thrivent’s traditional LTCi policies will not qualify. CareForward contracts that replace an existing LTCi policy will be excluded. * See the incentive flyer for complete rules. Incentive Flyer   #goldencareagent #thrivent
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Categories: Industry News, Linked Benefit/Hybrids, and Thrivent.

Sales Idea: Selling LTCi to Middle Market Clients

There are a variety of options available to help with long-term care planning. While each may have unique benefits for your client, when it comes to the middle market, standalone LTCi may make more sense. Understand the middle market buyers – their motivations, needs and hesitancies when it comes to LTCi by viewing the Sales Idea flyer below: Selling LTCi to Middle Market Clients   Sales Idea: Selling LTCi to Middle Market Clients   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Errors and Omissions Insurance

Mutual of Omaha and its affiliates (United of Omaha and United World) require Errors and Omissions Insurance in the amount of $1 million (per claim) prior to selling the following insurance products: • AccumUL Answers • Term Life Answers • Income Advantage IUL • Lifetime Protection Advantage IUL • Bonus Flexible Annuity • Ultra-Secure Plus • Ultra-Premier • Income Access • Ultra-Income • Critical Illness (aka Critical Advantage) • Disability Income • Long-Term Care • Prescription Drug Plans As a GoldenCare producer, you have the ability to get this valuable coverage at a discount! Check out our Errors and Omissions
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).