We’re excited to bring you the first in a series of video interviews with members of our underwriting team! This video interview is with the manager of our underwriting area, Demerri Bond. She’s spent the last 20 years on our long-term care underwriting team, but before that, she was a long-term care nurse. The transition from being someone providing care to someone providing benefits for those who need it has given her a unique perspective that you’ll want to see. Check it out! NEW FEATURE Not discussed in this video is a brand-new option for applicants 59 and younger. In
Read More
Genworth’s 2019 Commission Pay Schedule
Genworth is changing the timing of the end of year paydown. October 4, 2019 will be the payout for commission payments that have not previously met the minimum payment requirement. Genworth will process all commissions due on October 4, 2019. The $50 minimum payment requirement will resume after October 4, 2019 and will continue through the next commission pay down in 2020. Therefore, there will not be an “end of year” pay down as in previous years. All commission payments, for all products, will be distributed on October 7, 2019. Genworth will resume normal commission payments that have met the
Read More
In-Force Rate Action Announcement: Ohio (Privileged Choice® and Classic Select®)
> Privileged Choice® and Classic Select® with Stable Premium Option > 1% Benefit Increase Option As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Ohio has now allowed the following increases: Ohio Product Series Increase Percentage Privileged Choice 15% Classic Select 15% This rate increase applies to both AARP and non-AARP policies. Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the start of
Read More
Our updated Asset Care® product has launched!
Asset Care is still the same great product with the same great benefit guarantees — we’ve just simplified and enhanced the product, improved consistency while maintaining flexibility, and added options that our distribution partners have asked for over the years. Quick reads NEW: Asset Care campaign materials now available! Bring compelling stories to the long-term care marketplace A new Asset Care campaign is now available and offers compelling messages financial professionals can use to connect with individuals and families. Get started today with messaging, materials and more! Operations updates Access July interest rates and Guaranteed Interest Rate changes
Read More
Industry News, Linked Benefit/Hybrids, and OneAmerica.
annuity, Asset Care, hybrid, LTC, oneamerica, and training.
annuity, Asset Care, hybrid, LTC, oneamerica, and training.
Start Earning LTC Marketing Credits
Your long-term care marketing credits can help build your Mutual of Omaha business. Each credit is worth $1 and can be used for things like: Leads you purchase from a vendor Purchase LTCi leads Pay postage for LTCi mailings Earn a CLTC designation Conduct LTCi seminars You start automatically earning marketing credits on your fifth LTCi application submitted and placed after October 1, 2018.* How to Redeem Your Credits Simply submit your paid invoice or receipt along with the Health Marketing Credits Reimbursement form. You must redeem your credits by December 1, 2019. *Some exclusions apply. Details about the LTC
Read More
Are You Getting Closer to Joining Us in Montreal?
Earn An Elegant Getaway A Mutual of Omaha Incentive Trip for Long-Term Care (LTC) Producers Plan to be one of the top Long-Term Care producers (and a guest) and join us for four days in 2020 at the Ritz-Carlton Montreal. RITZ-CARLTON MONTREAL Quebec, Canada June 11 – June 15, 2020 Classic architecture, exquisite dining and impeccable amenities-the Ritz-Carlton Montreal expertly provides an experience of luxurious comfort. Celebrate your outstanding achievements, along with other sales leaders and Mutual of Omaha, while exploring a stunning city. Qualify in 2019 and join us in unforgettable Montreal. View the Incentive Trip Flyer
Read More
In-Force Rate Action Announcement: Michigan (Classic Select®)
> Classic Select® with Stable Premium Option > 1% Benefit Increase Option As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Michigan has now allowed the following increases: Michigan Product Series Increase Percentage Classic Select 20.3% Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the start of policyholder notifications. Policyholder notifications will begin July 30, 2019 and will continue throughout the next year.
Read More
In-Force Rate Action Announcement: Alaska (Classic Select®)
> Classic Select® with Stable Premium Option > 1% Benefit Increase Option As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Alaska has now allowed the following increases: Alaska Product Series Increase Percentage Classic Select 12.2% Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the start of policyholder notifications. Policyholder notifications will begin July 30, 2019 and will continue throughout the next year.
Read More
New Underwriting Guideline Offering
From the Desk of Amanda Blackburn We appreciate your business, value your relationship and always want to keep you informed. Mutual of Omaha is currently reviewing and will begin updating the MutualCare® Solutions underwriting guidelines soon. Until then, we want to share a great new service regarding physical exams with you effective immediately! Regardless of age, our underwriting guidelines require an applicant to have completed a favorable physical exam within the past 2 years. If no exam has been completed, clients have the following options to meet this requirement. Option 1 — All Applicants Schedule and complete an exam with
Read More
TransCare® II To Become Exclusive Product Offering in CA, FL, DE and HI
TRANSCARE® II TO BECOME EXCLUSIVE PRODUCT OFFERING IN CA, FL, DE, and HI Effective June 27, 2019, TransCare II will be our exclusive product offering in the following states: California, Florida, Delaware, and Hawaii. After that date, TransCare III will be unavailable in those states. Questions? Please contact the Transamerica sales desk at 888-545-2713. TransCare® II To Become Exclusive Product Offering in CA, FL, DE and HI #goldencareagent #transamerica
Read More
