When you are meeting with clients who have a desired premium in mind for long-term care coverage, we have a great tool to get you to that premium amount. Use the MutualCare Solutions software Set Target Premium feature. It allows you to enter the desired premium your clients want while building the benefits around the premium. When you open the software, look for this button. Begin by entering the client’s state, age, gender, premium mode, inflation protection and elimination period. Once you hit Set Target Premium, you will enter the client’s desired premium. The monthly benefit will adjust to the
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Understanding your Exposure with Telephone Solicitations
Telephone solicitations are an important aspect of insurance marketing. Unfortunately, this has become a high-risk endeavor. The Telephone Consumer Protection Act of 1991, better known as the TCPA, was enacted to protect consumers from unwanted telemarketing calls and faxes. It imposes liability in the form of regulatory fines and incentivizes private plaintiffs to pursue claims with statutory damages of $500 to $1,500 per call, with no limit. Attorneys’ fees for defending TCPA actions can easily reach hundreds of thousands of dollars and multi-million dollar settlements are, unfortunately, a common occurrence. Agents and brokers are expected, and contractually required, to act
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Good News | Join Mutual of Omaha’s New Brokerage Facebook Group
Good News! The Mutual of Omaha Brokerage Sales Team is now on Facebook! One of Mutual of Omaha’s top priorities is to provide agents with the best, most competitive marketing materials. In today’s digital world, that includes social media. This private Facebook Group has been designed specifically for Mutual of Omaha’s Brokerage agents and will provide pre-approved social media posts for Life, Accidental Death, Annuities, Long-Term Care, Disability and Critical Illness. Additionally, urgent announcements will also be released on our Facebook page. For what to expect and an FAQ, click below: Mutual of Omaha Broker’s Facebook page
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Medicare Solutions – Omaha Family of Companies
Medicare Supplement: Upcoming Rate Adjustments Review upcoming rate adjustments in various states. A New Perk from Mutual of Omaha Mutual of Omaha has partnered with Aloe Care Health to bring your clients another perk, at a discounted rate. Make a Splash with Our Summer Sizzle Incentive Program Help your Medicare-Age clients find the Medicare supplement and dental options they need, to make your summer sales sizzle! New Medicare Supplement Plans in Washington Offer your clients in Washington new competitive Medicare supplement rates effective July 22, 2021. Dental: Lower Dental Rates in New Mexico Effective August 1,
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Dental, Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).
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Long-Term Care Insurance Case Monitoring Update
From the Desk of Allen Gregoire Mutual of Omaha is pleased to announce the long-term care back-office data entry of applications has returned to normal processing times. Applications and all case status updates are now visible on Sales Professional Access (SPA), including application received date. Note: Due to the ongoing influx of business, telephone interview availability is limited. Currently, interviews are being schedule 2-3 weeks out from when requested by underwriting. We encourage you and your agents to check SPA to review your case status updates as our teams work diligently to process your LTCi cases as quickly as possible.
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COVID-19, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
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LTC New Business Rate Refresh and Benefit Changes for Additional States
As a leading long-term care insurance carrier, Mutual of Omaha has a responsibility to our policyholders and distribution partners to ensure our pricing strategy and product offerings are in line with industry trends, internal claims data and the economic environment. Last year, Mutual of Omaha began implementing new rates and benefit option changes to the MutualCare Solutions Portfolio in approved states. Effective August 1, 2021, we will be implementing these changes in three additional states. Impacted States District of Columbia, Hawaii and New Jersey Rate Adjustments Premium adjustments may vary by age, sex and benefit selection. You may view the
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You’re Invited! | Do You Need a Website or an Upgrade?
Today, it is almost ESSENTIAL that agents have a professional website that is more than just a digital business card that will inform, educate and persuade consumers about Life, LTCi, Medicare, and other insurance products. Do YOU have your own website or are you looking to upgrade? GoldenCare has the answer! Now you can have your own affordable, professional branded website — complete with the ability to quote – along with consumer direct sales fulfillment with NO agent participation! No Setup Fee | Only $30 per Month | New Revenue Stream Remember, through GoldenCare’s special offer, you can pay $300
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GoldenCare Newsletter | July 12, 2021
Read Full GoldenCare Newsletter, July 12, 2021 Edition In this GoldenCare Newsletter Edition From GoldenCare: NEXT THURSDAY! Do you need a website? Let’s drive more consumer sales! No Setup Fee | Only $30 per Month | New Revenue Stream Remember, through GoldenCare’s special offer, you can pay $300 Annually (equivalent of two months free!) Thurs, July 22, 2021 11:00 AM to 11:30 AM CDT 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. PROMO TIME! Earn BIG on GTL and Mutual
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You’re Invited! | Do You Need a Website or an Upgrade?
Today, it is almost ESSENTIAL that agents have a professional website that is more than just a digital business card that will inform, educate and persuade consumers about Life, LTCi, Medicare, and other insurance products. Do YOU have your own website or are you looking to upgrade? GoldenCare has the answer! Now you can have your own affordable, professional branded website — complete with the ability to quote – along with consumer direct sales fulfillment with NO agent participation! No Setup Fee | Only $30 per Month | New Revenue Stream Remember, through GoldenCare’s special offer, you can pay $300
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California Fair Claims Settlement Practices Regulation
California Fair Claims Settlement Practices Regulation The state of California requires that insurers communicate standards for the prompt handling of claims to all individuals that may be in contact with our customers and could receive notice of a claim. On an annual basis, the company’s Chief Compliance Officer must certify compliance with the California Fair Claims Settlement Practices regulations. Although you do not process claims, you play a very important role in supporting the Claims area to meet the standards set by California. This communication is intended to serve as a reminder of the California requirements, which state: Upon receiving
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