We have received questions regarding our temporary underwriting guideline changes effective April 16, 2020. In response, we have developed a Frequently Asked Questions document. Mutual of Omaha remains committed to the long-term care insurance marketplace. Please continue to reach out to your Sales Directors if you have any questions. Thank you for your flexibility and understanding. LTC Underwriting Issue Age FAQ #goldencareagent #mutualofomaha > Related: Important LTC Underwriting Update
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From our Advanced Markets Team: LTCi – Self-Insurance or Self-Delusion?
LTC: Self-Insurance or Self-Delusion? Hear from our Advanced Markets Team! Some clients say they would prefer to self-insure instead of purchasing a long-term care policy. And while that may sound like the cheaper option, there are a lot of moving parts here that clients often don’t consider. You can learn more about the pitfalls of self-insurance from Stephen Alloy on our Advanced Markets team here. From our Advanced Markets Team: LTCi – Self-Insurance or Self-Delusion? #goldencareagent #mutualofomaha #longtermcare
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Email Address on Submitted Applications
This is a reminder to please fill-out your client’s applications completely before submitting for all Mutual of Omaha products. This includes capturing the customer’s email address. We encourage you to use an e-App if it is available for your products. e-Apps are an easy and fast way to submit business and have a field for email address. Most paper applications also have a field for an email address so if you prefer to use a paper application, please make sure you are including the client’s email address if applicable. Thank you for your business. Email Address on Submitted Applications
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Critical Illness, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).
critical illness, disability, health, Life Insurance, Long-Term Care, long-term care insurance, LTC, LTCi, Med Supp, Medicare Supplement, Medigap, MS, mutual of omaha, omaha, pending cases, and Underwriting'.
critical illness, disability, health, Life Insurance, Long-Term Care, long-term care insurance, LTC, LTCi, Med Supp, Medicare Supplement, Medigap, MS, mutual of omaha, omaha, pending cases, and Underwriting'.
IUL Express Keeps Getting Faster – For Apps and Illustrations
In November, we introduced our new IUL Express product. This product took IUL products into the fast lane by using a simplified-issue process. We provided new videos showing how DocuSign can speed up the application process in the current environment. And this week, we are unveiling new changes that result in your IUL Express illustrations running even faster. Applications: In the past few weeks, we began allowing the submission of IUL Express paper applications electronically using one of our accepted electronic signature methods and our paper application submission via email process. This process has a substantial impact on how quickly
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Life Underwriting Updates: Accelerated Underwriting and Statements of Good Health
As Mutual of Omaha carefully reviews our underwriting processes and procedures, which continue to evolve during this current situation, we would like to announce the following changes for Life Underwriting effective immediately. Accelerated Underwriting Program We are increasing the maximum face amount limit to $2 million. Qualifications Requirements: Issue Ages 18-55 Face Amounts: $100,000 – $2,000,000 Available Products: Term Life Answers 10-, 15-, 20- and 30-years, Income Advantage IUL and Life Protection Advantage IUL Speed eTicket (Drop Ticket) process only Use Speed eTicket, our easy drop ticket process to take advantage of this program. Simply submit a drop ticket via
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NEW IUL Express Electronic Submission Training Videos
Recently, we began allowing you to submit IUL Express paper applications electronically using one of our accepted electronic signature methods and our paper application submission via email process. To help you transition to this new electronic submission process we created two new producer training videos. Please note, these videos show the process using DocuSign as the electronic signature method since it is the most widely used. The first producer training video walks you through IUL Express using Easy Solve and the DocuSign process. The second video shows you the DocuSign process only. IUL Express Easy Solve & DocuSign Producer Training
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Thrivent’s LTC e-App just got better!
Thrivent’s LTC e-App just got better! Zoom’s remote-control function for iPipeline eApp Thrivent will now allow the use of Zoom’s remote-control functionality for use with new business electronic applications. This enables a process similar to the applicant signing in person. Conditions of use Agent needs to be the host of the Zoom meeting. The meeting must be set up using Zoom default settings. (Passwords are now required if a user tries to enter a meeting using just the meeting ID instead of the meeting invite link. For scheduled meetings, it’s recommended to re-share the updated meeting invitation. Virtual waiting rooms
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Prospecting Material Can Help You Reach Your Clients
We realize it may be challenging to reach potential and current customers during this time. Mutual of Omaha can help with our consumer prospecting materials. Personalized prospecting materials are available for ordering with your contact information so clients can contact you directly to help them with the coverage they need. Just click on the links below to see the all prospecting material that is available for you. Health Products Critical Advantage self-mailer and postcard Long-Term Care cost of waiting self-mailer and retirement planning self-mailer Priority Income Protection (PIP) self-mailer Life Products Term Life Express (TLE) self-mailer Indexed Universal Life Express
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Critical Illness, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, and Mutual of Omaha (& Affiliates).
Coronavirus, COVID-19, critical illness, disability, health, Life Insurance, Long-Term Care, long-term care insurance, LTC, LTCi, Med Supp, Medicare Supplement, Medigap, MS, mutual of omaha, omaha, pandemic, pending cases, Underwriting', and virus.
Coronavirus, COVID-19, critical illness, disability, health, Life Insurance, Long-Term Care, long-term care insurance, LTC, LTCi, Med Supp, Medicare Supplement, Medigap, MS, mutual of omaha, omaha, pandemic, pending cases, Underwriting', and virus.
LTC e-Application Training Video
Producers who have used the LTC e-App agree it’s the easiest way to submit LTC applications. Some advantages to the e-App are: Offers the ability to view and/or print state filed forms at any time Reduces application scrubbing time You choose the method of signature collection Or to view in a separate window, click here. If you have any questions, please contact your Mutual of Omaha’s Sales Support at (800) 693-6083 or email sales.support@mutualofomaha.com. LTC e-Application Training Video #goldencareagent #mutualofomaha #longtermcare
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Using Inflation Protection to Reach Desired Premium
LTCi Sales Ideas Using Inflation Protection to Reach a Desired Premium The Need The cost of everything from gas to groceries is certain to be higher down the road. The same is true for long-term care services. That’s an important reason to recommend your clients purchase a long-term care policy and that they include an inflation protection rider for an added measure of security. Today’s Reality At today’s prices, most people simply can’t afford to pay for long-term care services out of their own pockets. With the national average cost of a home health aide approaching $60,000 per year, a
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