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 February 1, 2022: Effective Date States Impacted Policy Forms Impacted Benefit Period 2022 Rate Increase 2023 Rate Increase 3/1/2022 Georgia LT50, NH50, HCA, NHA and LTA Non-Lifetime 15% N/A 3/1/2022 Georgia LT50, NH50, HCA, NHA and LTA Lifetime 15% N/A 3/1/2022 Michigan LT50, NH50, HCA, NHA and LTA Non-Lifetime 30% N/A 3/1/2022 3/1/2023 Michigan LT50, NH50, HCA, NHA and LTA Lifetime
Read More
Mutual Income Solutions – Protecting Your Clients’ Mortgages
Your clients rely on their incomes to meet a lot of needs. It’s no surprise that a high percentage of their monthly income goes toward everyday needs – the biggest financial commitment being a mortgage payment. Help your clients understand that disability income insurance protects more than their income – it can protect their lifestyle, including where they live. Learn more about how to position Mutual of Omaha’s disability income insurance product, Mutual Income Solutions, as a solution for mortgage protection in this short video. Mutual Income Solutions – Protecting Your Clients’ Mortgages #goldencareagent #mutualofomaha #disability
Read More
Mutual Income Solutions – Get to Know the Optional Benefits
Mutual of Omaha’s disability income insurance product, Mutual Income Solutions, builds on Mutual of Omaha’s more than 100 years’ experience providing income protection solutions to our customers. With a maximum monthly benefit of up to $20,000 per month, Mutual Income Solutions provides flexible or customizable coverage to meet your clients’ needs and help protect their lifestyle. When it comes to customization, there are many different ways for you to create a custom solution to meet your client’s needs. From renewability options, to elimination periods, you can view the all the customizable options in the Mutual Income Solutions Product Guide. One
Read More
Did You Know? Critical Illness Return of Premium
Our Critical Illness insurance policy includes a built-in return of premium rider. That’s like a money-back guarantee. Premiums they’ve paid minus any policy benefits they’ve received will be refunded to a beneficiary upon their death. They get the coverage they want with the peace of mind they need. Learn how to position the return of premium rider with consumers in this helpful Sales Idea Flyer. Critical Advantage – A Simple Concept #goldencareagent #mutualofomaha
Read More
Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).
cancer, Cancer Heart Attack Stroke, Cancer Insurance, Cancer Lump Sum, CHS, CI, critical advantage, critical illness, e-App, e-Application, insurance, Lump Sum Cancer, Lump Sum Cancer Heart Stroke, mutual of omaha, Mutual of Omaha Insurance Company, and omaha.
cancer, Cancer Heart Attack Stroke, Cancer Insurance, Cancer Lump Sum, CHS, CI, critical advantage, critical illness, e-App, e-Application, insurance, Lump Sum Cancer, Lump Sum Cancer Heart Stroke, mutual of omaha, Mutual of Omaha Insurance Company, and omaha.
Critical Advantage – A Simple Concept
Mutual of Omaha’s Critical Advantage products pay a lump-sum benefit upon diagnosis so the insured knows the benefit amount available at claim. The products in the Critical Advantage Portfolio cover a broad range of conditions that affect millions of Americans each year, which means that nearly every client knows someone who has been touched by these conditions. We have multiple tools to help you get to know the products and help you start those important conversations. First, start with the Product and Underwriting Guide to get to know the products and their benefits. Then, take a look at all of
Read More
Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).
cancer, Cancer Heart Attack Stroke, Cancer Insurance, Cancer Lump Sum, CHS, CI, critical advantage, critical illness, e-App, e-Application, insurance, Lump Sum Cancer, Lump Sum Cancer Heart Stroke, mutual of omaha, Mutual of Omaha Insurance Company, and omaha.
cancer, Cancer Heart Attack Stroke, Cancer Insurance, Cancer Lump Sum, CHS, CI, critical advantage, critical illness, e-App, e-Application, insurance, Lump Sum Cancer, Lump Sum Cancer Heart Stroke, mutual of omaha, Mutual of Omaha Insurance Company, and omaha.
LTC Sales Idea: Inflation Protection
Sales Idea Learn how benefits of a standalone LTCi policy can grow with inflation protection. The cost of long-term care services is likely to be higher years down the road when the insured needs care. An optional inflation protection rider allows policy benefits to increase to assist with potential rising costs. Here’s how it works: The current maximum monthly benefit and remaining policy limit increase annually by the percentage the insured selects The increase occurs on each policy anniversary date for the length of time the insured selects – either for the life of the policy or for a limited
Read More
Long-Term Care Application Tips
Our underwriters know your LTCi clients aren’t just a list of diagnoses, and they rely on you to tell them more. They encourage you to paint a picture about your clients’ health, cognitive status and lifestyle. Because the more you can tell them, the better the chance for a positive underwriting outcome. You can do that by gathering as much information as possible from your clients, including: Recent doctors’ visits, lab tests, etc. Any diagnoses they’ve received Learning about any tests, recent surgeries or physical therapy Documenting medications they take Information about their physical and social activities Confirming they have
Read More
Mark Your Calendars: Our Industry Updates Year End Grand Finale!
#goldencareagent
Read More
Good News | CMS Announces 2022 Copay & Deductibles
CMS Has Announced The 2022 Copy and Deductibles The Centers for Medicare and Medicaid Services (CMS) recently announced their 2022 Copay/Deductibles. Listed below are basic costs for people with Medicare. Click here for the CMS 2022 costs at a glance. #goldencareagent
Read More
GoldenCare Newsletter | December 6, 2021
Read Full GoldenCare Newsletter, December 6, 2021 Edition 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 one of TEN $100 Amazon.com Gift Cards! In this GoldenCare Newsletter Edition From GoldenCare: Our Guest Articles in this edition “Half of Americans fear falling more than cancer and want to age in home without stairs,” Yahoo! PROMO TIME! ★ Dream Big Sales Incentive (MOO LTCi) ★ CLTC Discount & Reimbursement Incentive ★
Read More
