New: LTC Return of Premium Flyer

One of the most common concerns consumers have when it comes to long-term care insurance is they may have to pay premiums for a policy without ever using the benefits. Mutual of Omaha offers optional return of premium riders which allow your clients’ beneficiaries to receive a portion of the premiums they have paid. This flyer can help you discuss these optional riders with your clients.   If you have any questions, please contact Mutual of Omaha’s Sales Support at 1-800-693-6083 or sales.support@mutualofomaha.com.   New: LTC Return of Premium Flyer   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Inforce LTCi Rate Adjustments Effective May 1, 2024

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 in the state of Arkansas, effective May 1, 2024. Impacted Forms 2024 Increase LTC04G 15% LTC04I 15% LTC04I7 15% LTC09M 15% LTC06UI 15% LTC09U 15%   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, most policyholders will
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Help Your Client’s Policy Benefits Grow

Make sure you help your clients customize their long-term care policy to meet their unique needs. One optional benefit is an inflation protection rider. By adding this rider it can allow your client’s policy benefits to grow each year so by the time they need care, they’ll have more money available to help pay the bills. It also may make their policy partnership qualified, which allows them to protect a portion of their assets in the event they need to apply for Medicaid. To order this customizable brochure, contact Mutual of Omaha’s Sales Support at sales.support@mutualofomaha.com.   Help Your Client’s
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Six Steps to LTCi Sale

Boost your LTCi sales by furthering your product and sales process knowledge! Our Sales and Marketing Process brochure breaks the sales process down into 6 thoughtful steps, helping you organize your approach to sales. This handy brochure also suggests other educational material for each step in the process, so it’s an invaluable resource for learning all things LTCi. Check out the steps and how they can help you jump start sales by downloading the brochure.   Six Steps to LTCi Sale   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Extended Care By The Numbers

It’s not just the risks – it’s the consequences. People insure against risks from natural disasters, home fires and car accidents. Yet they often overlook a large risk that can impact families financially, physically and emotionally—long-term care. This new consumer-approved piece showcases the important numbers—the physical, emotional and financial impact on caregivers, and the reasons why someone should plan today (rising care costs, expected caregiver shortages and data on how age impacts someone’s insurability). ICC23 31425 is approved for use in AK, AL, AR, CO, GA, IA, ID, IL, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, NC,
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Categories: Industry News, Long-Term Care, and Thrivent.

Enhancements to Policyholder Information

Mutual of Omaha is always trying to make your experience as a broker as easy and seamless as possible. We have updated the Policyholder Information page, on Sales Professional Access (SPA). On your Policyholder Information link (also located under the “Reports” drop down menu) *, you will see the following enhancements have been added:
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Unlocking the Return of Premium Value

Have you ever sat down with a client and heard, “What if I pay all those premiums but don’t use the benefits?” How do you overcome this question when talking with your clients? The return of premium rider is the perfect option. The new flyer discusses the need for coverage and lays out a few return of premium options available to your client. Be sure to bring it up during your next conversation as a practical solution to whether your client should purchase a long-term care insurance policy! ICC Version Flyer Non-ICC Version Flyer   If you have any questions,
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Thrivent offices and call centers closed for Presidents Day on 2/19

Thrivent offices and call centers closed for Presidents Day on 2/19 On Monday, Thrivent will observe Presidents Day — all corporate offices and call centers will be closed.   New mailing address as of 2/16/24 Newman Long Term Care 600 Portland Ave. S. Suite 100 Minneapolis, MN 55415-4402   Note: This address should only be used for mailings that are not time-sensitive. This is a mail-stop only. Mailed items may experience a delay as they are relayed to our remote teams. We encourage you to contact us before mailing anything. Applications or other time-sensitive items should be sent electronically by
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Categories: Industry News, Long-Term Care, and Thrivent.

Using SPA to Access Your 1099

Looking to access your 1099 for tax purposes? Look no further than Sales Professional Access. Mutual of Omaha has made it seamless, quick, and secure for you to electronically access your 1099 document. An instruction document has been created to assist you in signing up to obtain your 1099 electronically.   If you have any questions, please contact Mutual of Omaha’s Sales Support at 1-800-693-6083 or sales.support@mutualofomaha.com.   Using SPA to Access Your 1099   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Navigating the Future

Financial security is another cornerstone of peace of mind provided by long-term care services. The high costs associated with extended care can potentially deplete your client’s saving and assets. Long-term care insurance acts as a safeguard preserving your clients’ hard-earned resources. Take a look at the rising costs of long-term care services flyer and ensure your client is ready for the future.   If you have any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083.   Navigating the Future   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).