There Are Costs to Waiting to Purchase LTCi

Everyone is busier than ever, including your clients. And, while purchasing a long-term care policy often isn’t a top priority, they probably don’t realize that there are true costs associated with putting off that purchase until later. Waiting to purchase a long-term care insurance policy is too important to ignore—it can lead to paying higher premiums down the road. Or even worse, procrastinating could lead to the inability to even qualify for coverage. That makes this concept well suited for: People who are inclined to put off the decision to buy People who think long-term care insurance is too expensive
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Inforce LTCi Rate Adjustments Effective June 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 June 1, 2023: Impacted Forms Impacted States LTC04G Florida LTC04I Florida LTC09M Florida LTC06UI Florida LTC09U Florida LT50, NH50, HCA, NHA, LTA Colorado and Missouri   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
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Quotes on the Go

Quickly run quotes for your clients whenever, wherever with our easy mobile app. Available on all Android and Apple devices, it allows you to customize the product view to products you sell. Products Currently Available: Children’s Whole Life Critical Advantage Dental Guaranteed Advantage Indexed Universal Life Express Long-Term Care Insurance Medicare Supplement Term Life Answers Term Life Express Download and begin quoting today!   If you have any questions, please contact your Mutual of Omaha’s Sales Support at (800) 693-6083 or email sales.support@mutualofomaha.com.   Quotes on the Go   #goldencareagent #mutualofomaha
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Categories: Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, and Mutual of Omaha (& Affiliates).

Coming Soon…EssentialLTC for Montana

We are excited to announce that EssentialLTC, NGL’s Long Term Care Insurance product, will be available for the state of Montana beginning April 21, 2023! EssentialLTC features include: Lifetime benefits Joint policies and premiums Shared Benefit Amount Rider with third pool of benefits 1035 Exchange eligible Flexible premium payment options, including single premium payment or 10-year premium payment Product Introduction Guide Comparison Flyer Consumer Brochure Employer Brochure   You can find these and many more EssentialLTC agent and consumer materials by logging into the Agent Resource Center.   For agent inquiries contact your dedicated Agent Services Team at 888.505.2332 or
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Categories: Industry News, Long-Term Care, and National Guardian Life.

The Next Steps After Submitting the Application

Preparation is the key to a successful health interview. You just completed a long-term care application. Before ending the conversation, make sure your clients know what happens next. Preparing clients for the underwriting process can go a long way toward ensuring their applications get issued. Why? An interviewer may mistakenly assume confused applicants have cognitive issues that make them uninsurable. When in reality, an applicant may simply be distracted or not fully prepared to answer questions about their health, their doctors and their medications. Mutual of Omaha has a handy leave-behind brochure you can use to walk your clients through
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Condition-Related Marketing: Physical Therapy

Condition-Related Marketing: Physical Therapy If a client is currently undergoing physical therapy, there are some key best practices for producers to follow when taking their application. Check out our Physical Therapy flyer.   Condition-Related Marketing: Physical Therapy   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

4 ways advisors can help clients with an extended care strategy

Steve Sperka is Vice President of Solutions Design and Implementation at Thrivent. Steve is featured in the latest from Life & Health Advisor. In this piece he shares results from a recent Thrivent consumer survey and discusses: It All Starts with Proactive Conversations Understand Clients Unique Preferences Extended Care Planning Should Be A Family Discussion A New Foundation For Long Term Financial Wellbeing Read article   Thrivent is a 2023 Diamond Sponsor of the ILTCI Conference Join Thrivent at the ILTCI Conference, March 12-15 in Denver. Thrivent is once again a Diamond Sponsor of the Conference. You can also find
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Categories: Industry News, Long-Term Care, and Thrivent.

March Sales Madness is here!

March Sales Madness Is Here! From March 1 through March 31, 2023, you could earn up to $750 extra by selling NGL’s EssentialLTC. The total earned will be paid by check once the contest concludes. Here is what you could earn: First application = $50 Second application = $100 Third application = $200 Fourth application = $400 Be the champion of March Sales Madness with EssentialLTC!   Promotion details: Each qualified application submitted between 03/01/2023 – 03/31/2023 will earn the writing producer a check for the specified amount above, with a maximum of $750 in total winnings. Applications must be
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Long-Term Care Clients Have Choices

It’s good to have choices. Mutual of Omaha’s long-term care policies allow insureds to choose how they prefer to receive policy benefits – either cash up front or traditional reimbursement. While other companies may offer cash, Mutual of Omaha’s cash benefit has no elimination period. That makes this concept well suited for: People who worry their policy may not pay for the type of care they need in the future People who like to make sure all their bases are covered People concerned about having to satisfy an elimination period before policy benefits begins Read the Sales Idea to learn
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

The Value of a Care Coordinator – John’s Story

Real People. Real Stories. John’s Story The Value of a Care Coordinator The best way to understand how long-term care insurance can benefit your clients is through stories from our policyholders. Here’s how having a policy made a real difference for John and his wife, Susan. John’s Story – View the Flyer   If you have any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083 or e-mail sales.support@mutualofomaha.com.   The Value of a Care Coordinator – John’s Story   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).