In case you missed it on March 1, 2023, we increased the maximum issue ages on IUL Express and Term Life Express Non-ROP (10T) products. These enhancements will position our Simplified Issue product options to be available in more sales scenarios and will serve a wider range of clients. Below are some of the key updates you will need to know: IUL Express: Maximum issue ages for both Tobacco and Non-Tobacco ratings will increase to age 75 Currently Non-Tobacco is age 70 and Tobacco is age 65 Maximum face amount for ages 71-75 will remain $150,000 Term Life Express
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Critical Advantage State Difference Matrix
Mutual of Omaha’s Critical Advantage Portfolio (Critical Illness, Heart Attack/Stroke and Cancer Insurance) varies by state. The Critical Advantage State Difference Matrix is designed to give you a snapshot view of the state-to-state differences in product and benefit availability. Use this handy guide when you are working on developing a comprehensive solution for your clients. Critical Advantage State Difference Guide If you have any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083 or e-email sales.support@mutualofomaha.com. Critical Advantage State Difference Matrix #goldencareagent #mutualofomaha
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Inforce LTCi Rate Adjustments Effective June 1, 2023
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 June 1, 2023: Impacted Forms Impacted States LTC04G Florida LTC04I Florida LTC09M Florida LTC06UI Florida LTC09U Florida LT50, NH50, HCA, NHA, LTA Colorado and Missouri 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
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Quotes on the Go
Quickly run quotes for your clients whenever, wherever with our easy mobile app. Available on all Android and Apple devices, it allows you to customize the product view to products you sell. Products Currently Available: Children’s Whole Life Critical Advantage Dental Guaranteed Advantage Indexed Universal Life Express Long-Term Care Insurance Medicare Supplement Term Life Answers Term Life Express Download and begin quoting today! If you have any questions, please contact your Mutual of Omaha’s Sales Support at (800) 693-6083 or email sales.support@mutualofomaha.com. Quotes on the Go #goldencareagent #mutualofomaha
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The Mutual Income Solutions Consumer Video
Disability Income Insurance can be difficult for clients to understand. Help your clients understand Mutual of Omaha’s income protection solution with our short, consumer-facing video. Click here or below to view the video. This video can be used before, during or after a client meeting. If you have any questions, please contact your Mutual of Omaha’s Sales Support at (800) 693-6083 or email sales.support@mutualofomaha.com. The Mutual Income Solutions Consumer Video #goldencareagent #mutualofomaha
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Medicare Solutions – Omaha Family of Companies
Medicare Supplement: Upcoming Rate Adjustments View upcoming rate adjustments for various states. New Business Applications Available for Colorado Paper applications are now available for Colorado. Upcoming Rate Adjustments View upcoming rate adjustments for various states. The One-Company Advantage Be prepared to talk with your Medicare clients about prescription drug coverage. Oregon Regulation Changes Effective March 15, the state of Oregon has updated their regulations. Medicare Supplement: Why Choose Mutual of Omaha Dental Insurance? Check out the many reasons why you should choose our Dental insurance plans for your customers. #goldencareagent #mutualofomaha
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The Next Steps After Submitting the Application
Preparation is the key to a successful health interview. You just completed a long-term care application. Before ending the conversation, make sure your clients know what happens next. Preparing clients for the underwriting process can go a long way toward ensuring their applications get issued. Why? An interviewer may mistakenly assume confused applicants have cognitive issues that make them uninsurable. When in reality, an applicant may simply be distracted or not fully prepared to answer questions about their health, their doctors and their medications. Mutual of Omaha has a handy leave-behind brochure you can use to walk your clients through
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Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
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Updates to Covid-19 Underwriting Guidelines
Mutual of Omaha continues to closely monitor our new business and underwriting practices to ensure we create efficiencies and improvements when making business decisions regarding our underwriting guidelines. We are happy to announce the following changes to our COVID guidelines for Fully Underwritten Life, effective March 1, 2023. Acceptance Guidelines Based on Insured’s Issue Age: We are now accepting applications for clients through age 74 and up to table 8, an increase from the prior Table 6 limit Ages 75-79 remain capped at Table 6 Ages 80+ continue to be postponed Clients with a Positive COVID Test A Statement of
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COVID-19, Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
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Condition-Related Marketing: Physical Therapy
Condition-Related Marketing: Physical Therapy If a client is currently undergoing physical therapy, there are some key best practices for producers to follow when taking their application. Check out our Physical Therapy flyer. Condition-Related Marketing: Physical Therapy #goldencareagent #mutualofomaha
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Medicare Solutions – Omaha Family of Companies
Medicare Supplement: Upcoming Rate Adjustments View upcoming rate adjustments for various states. 2023 Broker Bonus Program Take a look at information regarding our Broker Bonus program for 2023. Use These Tools to Help Grow Your Business Don’t forget about the free tools and services Mutual of Omaha has to help you grow your business. Upcoming Rate Adjustments View upcoming rate adjustments for various states. New Medicare Supplement Plans Available in Colorado and Delaware Effective March 15, 2023, you may begin selling our new competitively priced Medicare supplement plans in Colorado and Delaware. #goldencareagent #mutualofomaha
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