Meet our underwriter, Bill Spano. Insurance is a family business for Bill Spano- he became an underwriter thanks to the encouragement of his siblings. It seems to be a good fit too, as he enjoys building relationships with agents and brokers, helping them out however he can. Take a couple minutes to check out Bill’s video and you’ll hear him discuss how you can get quick answers to your questions as well as some common application issues. Video Interview: LTC Underwriting Insights #goldencareagent #mutualofomaha #ltc
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Asset Care: Bringing value to Montana and Washington, D.C.
Asset Care: Bringing value to Montana and Washington, D.C. We’re pleased to announce that our updated Asset Care® product, originally launched in 2019, will become available in Montana and Washington, D.C. on June 20. Our updated Asset Care product provides several unique benefits, including: Optional joint coverage and lifetime benefits Single Premium Drop-In Rider (SPDR) on the Recurring Premium Whole Life funding option A new 5-pay option on the recurring premium whole life funding option – your clients will now be able to choose a 5-, 10- or 20-year pay option or a pay to 95 option Zero-day waiting
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Industry News, Linked Benefit/Hybrids, and OneAmerica.
annuity, Annuity Care, hybrid, insurance, linked benefit, LTC, oneamerica, State Life, and training.
annuity, Annuity Care, hybrid, insurance, linked benefit, LTC, oneamerica, State Life, and training.
UPDATE: Grace period extended through July 1 for premium payments
UPDATE: Grace period extended through July 1 for premium payments At OneAmerica, we continue to monitor the financial impact of the COVID-19 pandemic on our communities and our life insurance policyowners. We understand that some policyowners may currently be struggling to pay their premiums on time. To meet this immediate need, OneAmerica has again automatically extended the grace period on all individual life insurance coverage through July 1, 2020. After July 1, 2020, OneAmerica will consider extended grace periods on a state-by-state basis. What does this mean? Effective immediately, OneAmerica will automatically extend the grace period on all individual
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COVID-19, Industry News, Linked Benefit/Hybrids, and OneAmerica.
Asset Care, Coronavirus, COVID-19, hybrid, insurance, linked benefit, LTC, oneamerica, pandemic, State Life, training, and virus.
Asset Care, Coronavirus, COVID-19, hybrid, insurance, linked benefit, LTC, oneamerica, pandemic, State Life, training, and virus.
LTC Compensation Timing Update
To better align with our other product lines, beginning June 5, 2020, compensation for LTC policies will be paid at the time all Post Issue Requirements (PIRs) are received and the case is considered placed. As a reminder, below are the PIRs that must be received to place the policy in force: Outstanding Premium Monthly EFT drafts will occur on the first renewal date selected by the customer. For all modes other than monthly, a billing statement will be sent with the policy. Total premium is due 60 days from issue. Policy Delivery Acknowledgement A Policy Delivery Acknowledgement (PDA) is
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Rate Adjustments Effective August 1, 2020
Long-Term Care insurance (LTCi) is a core product for Mutual of Omaha, and we intend to remain a key player in this market for years to come. To fulfill this commitment, we actively monitor emerging industry trends and make any adjustments necessary that enable us to keep our promises to policyholders and remain competitive in the marketplace. For this reason, we will be implementing the following rate adjustments effective August 1, 2020: Block of Business Impacted States LTC06UI Colorado For a complete rate history, see the state approval grid on Sales Professional Access. Policyholder Notification Process Policyholders will receive
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Rate Adjustments Effective September 1, 2020
Long-Term Care insurance (LTCi) is a core product for Mutual of Omaha, and we intend to remain a key player in this market for years to come. To fulfill this commitment, we actively monitor emerging industry trends and make any adjustments necessary that enable us to keep our promises to policyholders and remain competitive in the marketplace. For this reason, we will be implementing the following rate adjustments effective September 1, 2020: Block of Business Impacted States LTC04I and LTC06UI Rhode Island For a complete rate history, see the state approval grid on Sales Professional Access. Policyholder Notification Process
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Financial Advisors Help Build Wealth – You Can Help Protect It
Financial Advisors Help Build Wealth — You Can Help Protect It Leave this flyer behind when meeting with financial advisors to help them start the conversation of LTCi insurance with their clients. Financial Advisors Help Build Wealth – You Can Help Protect It #goldencareagent #mutualofomaha
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Care Solutions LTCG Interview Auto-Order Update
Coming soon: Care Solutions LTCG interview auto-order for ALL applications As we continue to make updates and improvements that enrich both client and agent experiences with OneAmerica®, we’re excited to announce an addition to our previously launched Care Solutions LTCG interview auto-order enhancement. In March we implemented this feature for all electronic applications (eApps). Beginning on May 22, 2020, the auto-order feature will also be implemented for non-eApps. Read below for more on how this enhancement simplifies and shortens the application process for both clients and agents, no matter which application process you choose! What you need to know
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COVID-19, Industry News, Linked Benefit/Hybrids, and OneAmerica.
Asset Care, hybrid, insurance, interview, linked benefit, LTC, LTCG, oneamerica, State Life, and training.
Asset Care, hybrid, insurance, interview, linked benefit, LTC, LTCG, oneamerica, State Life, and training.
Video Interview with Chief LTC Underwriter Carol Carville
Go behind the scenes with Carol Carville. We’re excited to show you a candid interview with LTC underwriter, Carol Carville. Carol has worked in group medical, life, disability and now long-term care, so her perspective is unique and varied. In the video, she talks about common application mistakes and why the relationships she has with producers in the field is so important to her and our business. Don’t miss it! Video Interview with Chief LTC Underwriter Carol Carville #goldencareagent #mutualofomaha
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Include LTCi in Retirement Planning
Most people understand the need for retirement planning. But your clients may not be thinking about how they would pay for LTC services if needed in the future. A MutualCare Solutions long-term care insurance policy may be what your clients need to complete their retirement plan. Our policies cover basic needs like housekeeping and grocery shopping to care in an assisted living center or nursing home. And, the money your clients have saved can be used to enjoy retirement or set up a college fund for grandkids. Talk to your clients who may be planning for retirement. Let them know
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