Important Reminders for Life Application Illustration Requirements

Many of our life insurance products require illustrations with the application for insurance. Underwriting and New Business want to reduce confusion and provide clarity on what is required for revised illustrations. When a Life product requires an illustration, the illustration must match how the policy is issued. When changes are made after the application is submitted, a newly signed illustration marked as revised is required to meet compliance standards. This can be accomplished one of two ways: Any time you create an illustration after the application has been submitted, make sure the “Revised” indicator on the policy options tab is
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

LTCi Rate Adjustments Effective May 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 May 1, 2023*: Impacted Policy Forms Impacted States LTC04G Utah, Wyoming   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 premium rate increase notification letters, most policyholders will receive
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

LTC Insurance Opportunities Within the Middle Market

You can help middle market clients customize their long-term care insurance (LTCi) policies to best meet their future needs while maintaining affordability. Use the variety of options available to help customize their long-term care policy so that it reflects their individual needs and lifestyle. Read our middle market LTCi sales idea to help you better understand the middle market potential clients—including their motivations, needs and hesitancies.   LTC Insurance Opportunities Within the Middle Market   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Introducing Mutual of Omaha’s LTC Crown Club!

From the Desk of Amanda Blackburn Do you want to be a top LTC producer with Mutual of Omaha? The LTC Crown Club is not something you want to miss out on, trust me! Be one of the top 10 long-term care producers to have at least $150,000 incentive credits with a minimum placement rate of 60%. If you place among our top 10 long-term care producers in 2023, you will gain top-tier access to LTC resources as a member of the LTC Crown Club. Perks include: Quarterly calls with Mutual of Omaha leadership and direct access to your own
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

GoldenCare Newsletter | February 7, 2023

Read Full GoldenCare Newsletter,  February 8, 2023 Edition In this GoldenCare Newsletter Edition From GoldenCare: GTL’s Critical Cash Thurs, Feb 9, 2023 2:00 PM  to  2:30 PM CST     Diversify your portfolio for greater sales success! Join us for product and sales live and prerecorded training.  Stay up-to-date on the latest products and sales strategies. We’re making it easier than ever to get a hold of us and have your favorite tools available at your fingertips! Click here to DOWNLOAD our electronic business card, and enter to win a $100 Amazon.com Gift Card!   PROMO TIME! Check back soon.
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Categories: GoldenCare News, Industry News, Long-Term Care, Medicare Supp./Adv., Mutual of Omaha (& Affiliates), National Guardian Life, and Thrivent.

Top LTC Producers with Mutual of Omaha

Under a Palmetto Moon You and your guest will experience a once in a lifetime trip to enchanting Charleston, and you’ll do it in the lap of luxury. You’ll stay in the award-winning Hotel Bennett in the heart of the city, eat seafood that was in the ocean earlier that day and soak up enough sunshine and Southern hospitality to have you saying “y’all” for months. That’s living life Under a palmetto moon. You don’t want to miss it. HOW TO QUALIFY Be one of the top 10 long-term care producers to have at least 150,000 incentive credits with a
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

You’re Invited | Tomorrow! The Alternative to LTC Your Clients Will Love

  Attend & Receive Our Critical Cash Consumer Presentation! Click below to register: Thurs, Feb 9, 2023 2:00 PM  to  2:30 PM CST   Join us for this webinar and receive the Critical Cash Consumer Presentation, as well as the “Bucket Calculator” just for attending!     Questions or help registering? Call the GoldenCare Marketing Team at 800-842-7799! Don’t forget to subscribe to our News Digest for all the latest announcements from the Top Carriers! Check out GoldenCare News  
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Categories: GoldenCare News, Guarantee Trust Life, and Industry News.

You’re Invited | Double Header – Get those declines covered!

GTL’s Short-Term Home Health Care Looking for low-cost insurance solutions to offer your clients with health concerns? Guarantee Trust Life offers near-guaranteed* issue Home Health Care coverage in 35 states (plus D.C.) which may be an ideal alternative in many cases! Three plan levels offer great flexibility, each with progressively richer coverage: Higher Daily Benefit Maximums, Home Health Aide Benefits, Prescription Drug Benefit and more. Tues, Feb 7, 2023 10:00 AM  to  10:30 AM CST GTL’s Critical Cash Join us for in-depth product training on GTL’s Critical Cash policy. Strategically build coverage to focus on Home Care, or save on
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Categories: GoldenCare News, Guarantee Trust Life, and Industry News.

Medicare Solutions – Omaha Family of Companies

Medicare Supplement: Make Your Mark on Social Media Learn about social media best practices as well as how to use our compliance-approved posts.   Upcoming Rate Adjustments View upcoming rate adjustments for various states.   Dental: Dental Solutions – Coverage Your Senior-Age Clients Want and Need Help your clients get the additional coverage they want and need with a dental insurance policy from Mutual of Omaha.   Level Copays for Insulin Mutual of Omaha Rx Premier plan offers lower out-of-pocket costs for clients’ insulin.   #goldencareagent #mutualofomaha
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Download the 2023 LTCi Tax Advantages Flyers

There are a lot of advantages to owning a traditional long-term care policy. It helps people remain in their homes as long as possible, ensures parents won’t have to rely on their kids to take care of them, and provides protection for a retirement nest egg. But there’s another important advantage… the potential to save on federal and state income taxes. Let your clients know buying a traditional long-term care insurance policy from Mutual of Omaha offers tax advantages. Also, if you have clients that are small business owners, there may be significant tax savings if they use business dollars
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).