Over 1M weekly viewers thanks to fans like you!

Over 1 million weekly viewers! We’re roaring with excitement because Mutual of Omaha’s Wild Kingdom Protecting the Wild has more than one million average weekly viewers! Thank you for tuning in each weekend on NBC’s “The More You Know.” This wild journey is just getting started.     To learn more about Mutual of Omaha’s Wild Kingdom Protecting the Wild, click here.   #goldencareagent #mutualofomaha #wildkingdom
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Categories: Industry News and Mutual of Omaha (& Affiliates).

NGL Welcomes Michael Simenstad as Regional Vice President

Michael Simenstad joins NGL as Regional Vice President, Individual Products National Guardian Life Insurance Company (NGL) is pleased to announce Michael Simenstad has joined the company as Regional Vice President, Individual Products. With three decades of experience as a territory manager and financial services wholesaler, Simenstad is passionate about creating awareness for the value of Long Term Care insurance and creating authentic relationships. In his new role at NGL, Simenstad will focus on maintaining and developing strategic partnerships with current and potential Long Term Care (LTC) marketing organizations and agents. As a member on the Individual Products team, he will
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Thrivent LTC now offers lifetime renewals

Effective 1/1/24, lifetime renewals on new business In recognition of our strong results in independent distribution, and our desire to grow this business, Thrivent has enhanced our competitive compensation for you as of January 1, 2024. Going forward, Thrivent has moved from a 10-year renewal cap to lifetime renewals on life-pay policies. This is yet another reason for making Thrivent a regular part of your LTCi offerings. In addition to this competitive compensation, Thrivent offers: Multiple Solutions with our traditional LTCi and linked-benefit solution (CareForward™) A benefit-rich traditional LTCi solution offering competitive features and pricing More ages to insure (18-79
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Categories: Industry News, Long-Term Care, and Thrivent.

LTCi Inforce Rate Increases Effective April 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 effective April 1, 2024. Impacted Forms Impacted States LTC04I Hawaii LTC09M Hawaii LTC09U Hawaii LT50, NH50, HCA, LTA, and NHA Vermont   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
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Updated LTCi Consumer Tax Guide

Tax tools to enable more proactive extended care conversations There are many reasons why clients should create a long-term care strategy. One message that has resonated well with consumers, is on the tax advantages of planning with long-term care insurance. Premiums might be deductible, claims are paid tax-free and some states offer tax incentives for LTCi policyholders. These tools are designed to help you share news on these tax advantages with your clients. LTCi Tax Deductibility Guide Updated with 2024 amounts Many clients are not aware that LTC benefits are paid 100% tax-free, but some or all of the premiums
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Categories: Industry News, Long-Term Care, and Thrivent.

Kicking The New Year Off With The Right Conversations

Long-term care insurance is a critically important product line for clients who like to plan ahead. Knowing who those individuals are is key information to help you in your search for new clientele. Here are some things to look for when prospecting new clients: Demographics: 45-65 years old, family-oriented, and members who are exposed to friend or family member who has needed LTC services. Triggers to buy: Planning for retirement, birth of a grandchild, or a love one needing care. How people educate themselves: Family & Friends, their employer, insurance brochures. Use this flyer as a quick reference tool to
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

2024 Long-Term Care Tax Guides

As we transition into 2024, we have updated our long-term care tax guides to reflect the most current tax data. In the individual tax advantages guide it discusses the per day limitations, along with the 2024 eligible premium guidelines your client can deduct. There may also be several tax advantages for business owners who purchase a long-term care policy depending on how your client structures their business. Be sure to check out Sales Professional Access for a complete list of all 2024 long-term care tax guides that are available.   If you have any questions, please contact Mutual of Omaha’s
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Long-Term Care Year-End Highlights

Look back at some of the updated content from 2023 and be prepared to have conversations that matter with your clients in 2024. The Having the right conversations flyer highlights some of the typical characteristics of a long-term care client, what triggers them to buy, and how they educate themselves about LTCi. Continue the conversation with inflation buy-up benefits, giving your clients the option to adjust their inflation protection anywhere from 1% – 5% based on their financial goals. Then remind your clients we’ll be here to pay their claims with the updated claims flyer spotlighting the benefits paid since
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

2024 Quoting Software

NOTE: This communication was sent to Mutual of Omaha agents not affiliated with GoldenCare or American Independent Marketing (AIM). Agents with their Mutual of Omaha LTC appointments through GoldenCare and/or AIM may continue using the MutualCare® Solutions Desktop Software to generate premium quotes.   As the new year rapidly approaches, make sure you are ready to quote long-term care. Effective January 1, 2024 MutualCare Solutions will no longer be available. If you’re currently using MutualCare Solutions for quoting our long-term care insurance products, we strongly recommend transitioning to WinFlex Web platform at your earliest convenience. WinFlex Web provides a free
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).