New LTC Rider Underwriting Guidelines

May 22, 2023 | by | Comments Off on 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
Read More

Categories: Industry News, Life Insurance, Long-Term Care, and Mutual of Omaha (& Affiliates).
Tags: Income Advantage, Income Advantage IUL, insurance, Life Insurance, Life Protection Advantage, Life Protection Advantage IUL, long-term, Long-Term Care, long-term care insurance, LTC, LTC Rider, ltc underwriting, LTCi, mutual of omaha, and Mutual of Omaha Insurance Company.

New Underwriting Updates for LTC

May 22, 2023 | by | Comments Off on New Underwriting Updates for LTC

We would like to inform you that we have updated our Long-term Care 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 Underwriting Updates for LTC   #goldencareagent #mutualofomaha
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
Tags: insurance, long-term, Long-Term Care, long-term care insurance, LTC, ltc underwriting, LTCi, mutual of omaha, and Mutual of Omaha Insurance Company.

New EFT/PAC Form

May 22, 2023 | by | Comments Off on New EFT/PAC Form

New EFT/PAC Form We are pleased to announce that we have an improved Electronic Funds Transfer/Pre-Authorized Check (EFT/PAC) form designed to help get policies placed and delivered faster and easier than before! The new form will be available for each state starting May 19, 2023. It will be available through the E-APP and in the Application and Forms option under the New Business dropdown on the Agent Resource Center. It will replace the existing Pre-Authorized Check form in all states. About the process: The Pre-Authorized Check (PAC) Premium Payment Premium Payment Service Form can be obtained at time of application
Read More

Categories: Industry News, Long-Term Care, and National Guardian Life.
Tags: annual report, EssentialLTC, financial strength, Long-Term Care, long-term care insurance, LTC, LTCi, National Guardian Life, National Guardian Life Insurance Company, and NGL.

First Premium Payment Methods Are Changing

May 22, 2023 | by | Comments Off on First Premium Payment Methods Are Changing

Effective June 28, 2023 Due to our vendor’s processing change, we will no longer be able to accept credit cards as a method of payment for the first premium payment as of June 28, 2023. For a client’s first premium payment we accept: Personal check Cashier’s check Electronic check or eCheck OneAmerica® accepts checks made payable to OneAmerica or to The State Life Insurance Company®.   Pay by eCheck tip Complete the Electronic Premium Payment Authorization, I-34818. The form authorizes one-time or recurring debit payments from a checking or saving account. Make sure the client has their bank account and
Read More

Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.
Tags: Asset Care, Care Solutions, hybrid, insurance, linked benefit, LTC, oneamerica, State Life, and training.

Inforce LTCi Rate Adjustments Effective August 1, 2023

May 22, 2023 | by | Comments Off on Inforce LTCi Rate Adjustments Effective August 1, 2023

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 August 1, 2023: Impacted Forms Impacted States LTC04G Colorado LTC04I7 Colorado LTC09M Colorado LTC09U Colorado   For details on yearly rate adjustment percentages, view the supplemental grid here. Policyholder Notification Process Policyholders will receive a letter notifying them at least 60 days prior to the premium rate increase effective date as outlined above. Along with the premium rate increase notification letters,
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
Tags: adjustment, insurance, Long-Term Care, long-term care insurance, LTC, LTCi, mutual of omaha, Mutual of Omaha Insurance Company, omaha, premium adjustment, rate adjustment, and United of Omaha.

Help is One Phone Call Away with OneAmerica

May 22, 2023 | by | Comments Off on Help is One Phone Call Away with OneAmerica

Supporting Customers Through Long-Term Care Events Retirement comes with endless possibilities, but also added risks. The more we age, the more likely we are to need long-term care. One way for your clients to continue to be there for their loved ones is to have a plan. In case of a long-term care event, your customers can make sure not only that they will have the means to pay for it, but that their loved ones will have the support they need. Help is Only One Phone Call Away Our Care Benefit Concierge makes it easy for a power of
Read More

Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.
Tags: Asset Care, Care Solutions, hybrid, insurance, linked benefit, LTC, oneamerica, State Life, and training.

Mutual of Omaha’s Wild Kingdom – Lost Coral of Key West

May 8, 2023 | by | Comments Off on Mutual of Omaha’s Wild Kingdom – Lost Coral of Key West

Lost Coral of Key West Coral reefs cover less than 1% of the ocean floor, but are home to 25% of all marine life. As climate change, pollution and disease ravage this precious resource, the scientists at the Association of Zoos and Aquarium’s Florida Reef Tract Rescue Project are racing the clock to restore these dying reefs before they are gone forever. Join host Peter Gros as he follows this incredible team defying the odds to reproduce, rebuild and restore Florida’s reefs one single piece at a time. Watch Video   #goldencareagent #mutualofomaha #wildkingdom
Read More

Categories: Industry News and Mutual of Omaha (& Affiliates).
Tags: animal, animals, Keep it Wild, Long-Term Care, long-term care insurance, LTC, LTCi, mutual of omaha, Mutual of Omaha Insurance Company, Mutual of Omaha's Wild Kingdom, National Wildlife Federation, omaha, Peter Gros, and Wild Kingdom.

Alabama LTC Partnership Update

May 8, 2023 | by | Comments Off on Alabama LTC Partnership Update

1% and 2% compound inflation now qualify for Partnership. Thrivent worked with the Alabama Insurance Department to allow for 1% and 2% compound inflations to be eligible for the state partnership program. This was approved in November. This change will be retroactive to qualifying policies issued since 11/15/22 when Alabama ‘s approval was received. Existing policyholders who qualify will receive a notification of the partnership status of their policies. The Partnership Requirements grid has been updated, as well as the Solutions Studio illustration software. Download Partnership Requirements   Consumer Partnership Flyer       #goldencareagent #thrivent #ltc
Read More

Categories: Industry News, Long-Term Care, and Thrivent.
Tags: fraternal benefit society, insurance, Long-Term Care, long-term care insurance, LTC, LTCi, Thrivent, Thrivent Financial, and Thrivent Financial for Lutherans.

At Mutual of Omaha, We Keep Our Promises

May 8, 2023 | by | Comments Off on At Mutual of Omaha, We Keep Our Promises

When helping clients navigate the various LTCi policies available to purchase, make sure that you provide clients with options from companies that have a long history of strength, security and stability. To help ensure the claims-paying ability of the company is there when clients need them most. As stated in this client brochure, at Mutual of Omaha, we have been keeping an important promise to our long-term care policyholders for over three decades…we’ll be here to pay their claims.   For any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083.   At Mutual of Omaha, We Keep
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
Tags: insurance, Long-Term Care, long-term care insurance, LTC, LTCi, mutual of omaha, Mutual of Omaha Insurance Company, omaha, and United of Omaha.

Top Ten Long-Term Care Considerations

May 8, 2023 | by | Comments Off on Top Ten Long-Term Care Considerations

Learn more about the top ten long-term care health conditions and how Mutual of Omaha underwrites them with care and responsible underwriting. This quick guide will help you understand how we review these common health conditions. Download the Top Ten Long-Term Care Considerations guide now!   If you need additional assistance, contact our LTC underwriting pre-screen team at ltcunderwriting@mutualofomaha.com or by phone at 800-551-2059.   Top Ten Long-Term Care Considerations   #goldencareagent #mutualofomaha
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
Tags: insurance, Long-Term Care, long-term care insurance, LTC, LTC insurance, LTCi, mutual of omaha, Mutual of Omaha Insurance Company, MutualCare, MutualCare Solutions, and omaha.