Mutual of Omaha and its affiliates (United of Omaha and United World) require Errors and Omissions Insurance in the amount of $1 million (per claim) prior to selling the following insurance products: • AccumUL Answers • Term Life Answers • Income Advantage IUL • Life Protection Advantage IUL • Bonus Flexible Annuity • Ultra Secure Plus • Income Access • Ultra-Income product • Critical Illness (aka Critical Advantage) • Disability • Long-Term Care • Prescription Drug Plans As a GoldenCare producer, you have the ability to get this valuable coverage at a discount! Check out our Errors and Omissions and
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Thrivent LTC: Enhancements to e-App
Thrivent e-App Enhancements Thrivent has updated their e-App to reflect changes to the Illustration software, revisions to forms, and to simplify data input. These updates include: Agent ID is now required to submit an e-App: An application can no longer proceed without a Thrivent producer code. Personal Worksheet: Premium amount from the illustration auto input to the Personal Worksheet (Form 27156). Updated HIPAA form Couples Discount: Simplified interface (removal of dropdown) + Shared Care Rider now changes when updated in illustration Membership Application: The “Church Name” field is optional New Thrivent brand featured on Printed Output / PDF of applications
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New All-in-One Overview of Member Benefits
New All-in-One piece discusses benefits to membership As a membership-owned organization, Thrivent answers to our clients — never to shareholders on Wall Street. By operating this way, we build relationships based on transparency and trust. We’re a client-first community with shared values that offers financial guidance that reflects your unique goals. See how Thrivent differs from other insurers with this overview of Thrivent’s member benefits. Who we are How we’re different What we offer Workshops and Events Partnering Highlights of strength The benefits of membership Thrivent Action Teams Thrivent Choice This piece is currently DOWNLOAD ONLY and can be found
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New Sales and Marketing Process Brochure
Six Steps to LTCi Sales Boost your LTCi sales by furthering your product and sales process knowledge! Our new 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. New Sales and Marketing Process Brochure #goldencareagent #mutualofomaha #longtermcare
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2021 Partnership Minimum Benefit Requirements for CA, CT, IN and NY
Each year, the original Partnership states (CA, CT, IN and NY) revisit certain minimum benefit requirements to qualify for their Partnership programs. The requirements that are changing for 2021, as well as some (but not all) minimum Partnership requirements that not changing, are listed below. California Partnership The following minimum benefit requirements for Partnership in California are not changing for 2021. Requirements 2020 2021 Minimum Daily Benefit $230 $230 Minimum Monthly Benefit $7,130 $7,130 Connecticut Partnership The minimum monthly benefit required in 2021 for Connecticut Partnership plans will be $9,095. Because this amount is higher than the current maximum
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Happy New Year from our GoldenCare Family
As 2020 comes to an end, we would like to say “THANK YOU!” to all of our agents, clients and colleagues for a successful year! We appreciate your business, teamwork and loyalty and look forward to serving you in 2021! To better serve you this week, please review our New Year’s Schedule (below) and submit your business to GoldenCare by 4:30 PM Central on Wednesday, December 30th, to allow time to process. GoldenCare Office Closures For New Years: • Thursday, December 30th — CLOSED • Friday, January 31st, 2021 — CLOSED #goldencareagent #family #happyholidays
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LTC06UI Rate Adjustments Effective March 1, 2021
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 March 1, 2021: Block of Business Impacted States LTC06UI Delaware For a complete rate history, see the state approval grid on Sales Professional Access. Policyholder Notification Process Policyholders will receive
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LTC04I, LTC04G and LTC06UI Rate Adjustments Effective April 1, 2021
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 April 1, 2021: Block of Business Impacted States LTC04I, LTC04G and LTC06UI Maine For a complete rate history, see the state approval grid on Sales Professional Access. Policyholder Notification Process
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Contracting and Appointments Service Level Improvements
We previously notified you that we were experiencing delays in the processing of Contracts and Appointments. As of December 16, 2020, we have significantly reduced our processing times and are currently working on Contracting and Appointment requests that were received between December 11 and December 13. All three of our new training classes have completed training and are actively assisting us in reducing the overall pending work. The team is continuing to work hard to reduce the backlog and is forecasting additional improvements in turnaround times over the coming weeks. Please note there are still delays in receiving criminal records
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2020-2021 Advertising Compliance Annual Transamerica Agent Bulletin
2020-2021 Advertising Compliance Annual Agent Bulletin As you’re closing out your 2020 business and making plans for 2021, check out the 2020-2021 Advertising Compliance Annual Agent Bulletin for your Advertising responsibilities and to answer many of your questions. Please take time to read through the information and discuss the content at your next Agency meeting. Click here to check it out! Questions? Please contact the Transamerica sales desk at 888-545-2713. 2019-2020 Advertising Compliance Annual Transamerica Agent Bulletin #goldencareagent #transamerica
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