Portfolio Overview

The products in the Critical Advantage Portfolio; Critical Illness insurance, Cancer insurance & Heart Attack/Stroke insurance, are designed with your client’s recovery in mind. Most people know someone who has been diagnosed with one of the conditions covered by the Critical Advantage products, so your clients understand the need for this coverage. All products offer a lump-sum payment upon diagnosis that can used for any out-of-pocket expense they may have. Expenses such as high insurance deductibles, replacing lost income or travel for specialized treatment. Our Critical Advantage Portfolio offers: Flexible benefit amounts ranging from $10,000 to $100,000 Coverage for individual(s),
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Categories: Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).

Your Clients Save More on Premiums

All premium rates on products in the Critical Advantage℠ Portfolio are competitive. You can give your clients more value for less money when selling Cancer, Heart Attack & Stroke and Critical Illness products. That’s why you should know the rates continue to be competitive after a 20% rate cut in 2018. Take a look at the chart below to see how our Cancer premiums compare to a competitor. Age Mutual of Omaha Premium Competitor Premium 35 $17.25 $22.49 45 $29.48 $37.51 55 $46.75 $63.01 65 $68.35 $96.01   This example is a Cancer policy with a $30,000 benefit amount and
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Categories: Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).

Upcoming WinFlex Desktop Illustration Software Discontinuation

Beginning January 1, 2021, the WinFlex Desktop software will no longer be available, as Ebix will no longer be providing ongoing support for the Desktop platform. If you are still using the Desktop software to illustrate our life and health insurance products, we encourage you to transition to the WinFlex Web platform as soon as possible. To sign up for WinFlex Web: Go to winflexweb.com and select ‘Register for WinFlex‘. Follow the prompts to register for an account. After registering for your account, you will need to add the companies you sell with. To add companies, select your name in
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Categories: Critical Illness, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, and Mutual of Omaha (& Affiliates).

New Critical Illness Built-in Return of Premium Consumer Flyer

Help illustrate the built-in ROP benefit when talking with clients. If your client dies while their policy is in effect, a beneficiary will receive all premiums paid in, minus any policy benefits or optional riders paid to your client. There is no additional charge for this benefit. To download this new flyer, click here. It’s also available through normal ordering channels. Note: Return of Premium is not available in all states. Please check your state policy for complete benefit information.   New Critical Illness Built-in Return of Premium Consumer Flyer   #goldencareagent #mutualofomaha
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Categories: Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).

A Real-Life Story – Our Cancer Product Makes the Sale

Recently, an agent met with a married couple in their mid-40s who manage a used furniture business. To save money, the couple purchased a high-deductible health plan. Once they heard of a friend’s cancer diagnosis, they thought about what would happen to their finances if either of them was in the same situation. The agent told them how a policy from the Critical Advantage℠ Portfolio provides a cash payment upon diagnosis of a covered condition. The couple purchased a Mutual of Omaha Cancer policy with a $100,000 benefit amount. Having the policy reassured the couple that they wouldn’t have to
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Categories: Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).

How to Introduce Critical Advantage Products to your Clients

With a critical illness diagnosis, there is usually out-of-pocket expenses included in treatment. With Critical Illness insurance, Cancer insurance, and Heart Attack & Stroke insurance, your clients get paid a cash benefit to pay for any expense not covered by regular health insurance. This can include child care, travel and lost wages due to time away from work. If you need help with introducing these products to your Disability Income, Medicare Supplement or Long-Term Care clients, the Guide to Introducing Critical Advantage Products is what you need. Download the guide here for tips on cross-selling and what you need to
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Categories: Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).

Critical Advantage Has Express and Simplified Underwriting

With the products in the Critical Advantage Portfolio, your clients get coverage that pays a lump-sum benefit upon diagnosis of a covered condition. It also offers two underwriting options to give your clients the benefits they need fast. It also means you get paid fast. Express underwriting for Critical Advantage products covers benefit amounts from $10,000 to $50,000. It has simple yes/no knock-out questions to make applying easy and fast. Simplified underwriting is for benefit amounts from $51,000 to $100,000. Simplified underwriting also has simple yes/no knock-out questions in addition to a MIB, Pharmaceutical inquiry and possible telephone interview. No
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Categories: Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).

Three products designed with your client’s recovery in mind

Almost everyone knows someone who has been diagnosed with one of the illnesses covered under the Critical Advantage portfolio, which makes it a great addition to your clients existing coverage. All of the products in the portfolio pay a lump-sum benefit upon diagnosis of a covered condition, and the check is sent directly to the policyholder, not the healthcare provider. This money can be used anyway they choose such as replacing lost income, travel expenses and ongoing living expenses. And with the addition of optional riders, your clients can get the maximum value from their policy. Learn more about adding
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Categories: Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).

Your Guide to Selling Critical Advantage

Wondering how to get started selling Critical Illness insurance, Cancer insurance & Heart Attack/Stroke insurance from our Critical Advantage portfolio? Here’s everything you need to know. It’s easy to understand. The policy pays cash upon diagnosis. There are no medical bills to collect and submit It’s easy to sell. With only three knock-out questions for benefits up to $50,000 for Cancer coverage, you know on the spot if a policy can be issued It’s quick to issue. Express underwriting means your policies are issued in a matter of days, so you get paid quickly The Marketing Tools for Success flyer
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Categories: Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).

There is a New Critical Illness Built-in Return of Premium Consumer Flyer

Great News! Now you can do more than just talk to your clients about Critical Illness built-in return of premium, you can show them with a new consumer facing flyer. Here’s how it works; if your client dies while the policy is still in force, a beneficiary will receive any premiums paid in, minus any policy benefits or optional riders paid to your client. And again, this benefit is built-in to the policy–there is no additional charge for this benefit. To download this new flyer, click here. It’s also available through normal ordering channels.   Note: Return of Premium is
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Categories: Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).