Effective January 1st, 2020, the Montana and North Dakota paper and e-app personal worksheets have been updated. MT LTC13: M119106_MT (Potential Premium Increase form) replaces M28370 M28385_MT (MT LTC13 Outline of Coverage form) updated, same form number ND LTC13: M119106 (Potential Premium Increase form) replaces M28370 Old forms will not be accepted after January 31st, 2020. If you have any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083 or email sales.support@mutualofomaha.com. Updated Personal Worksheets for Montana and North Dakota #goldencareagent #mutualofomaha
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With Cancer Insurance, Your Clients Save More and You Sell More
Give your clients more value for less money. Check out the chart below to see how our Cancer insurance rates compare to a competitor. Age Current Monthly Rate New Monthly Rates Monthly Savings Yearly Savings 35 $22.81 $18.25 $4.56 $54.72 45 $38.09 $30.48 $7.61 $91.32 55 $59.69 $47.75 $11.94 $143.28 65 $86.69 $69.35 $17.34 $208.08 This example is a Cancer policy with a $30,000 benefit amount and lifetime coverage. Cancer insurance from Mutual of Omaha gives your clients a lump-sum payment upon diagnosis to use for any out-of-pocket expenses. Click here to see how a Cancer insurance policy can
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GUL Express Illustrations
Last February we announced we no longer require illustrations on most Guaranteed Universal Life Express policies. This allows you to simply use our mobile quoting app to quote GUL Express and submit the application. As a reminder, below is when an illustration is required. No Illustration Required Policies with no-cost riders using monthly or annual payments. Illustration Required Policies with cost riders and making payments using anything other than monthly or annual payments. Policies with any payment structure other than guaranteed term periods offered on the mobile quoting tool (age 80, 85, 90, 100, 120), such as short pay and
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NEW IUL Express Producer Training Video
Our new IUL Express producer training video provides you with everything you need to know about our newest simplified issue product, including the product features, who the target market is, how the indexing options work, the additional options available and more. Watch the Producer Training Video now > > Then, when you’re ready to sell, use the IUL Express process training video to learn how to illustrate the product and complete the application. Watch the Process Training Video now > > And, we even have a video that you can share with your clients to help you explain
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Chronic Illness Rider Materials Updated for 2020
We offer Accelerated Death Benefits for Terminal Illness and Chronic Illness which give clients an option to access a portion of their death benefit early. This money can provide a little more comfort during a difficult time or can be used to help cover the costs of long-term care. For the Chronic Illness Rider, the benefit amount is capped each year by the IRS per diem limit. For 2020, this limit has increased to $380 per day (or $138,700 for the year). The following materials have been updated to reflect the extension of the per diem limit into 2018: Accelerated
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Medicare News – Omaha Family of Companies
Medicare Supplement: Upcoming Rate Adjustments View upcoming rate adjustments in Florida and Missouri. Medicare Advantage and Prescription Drug Plans: PDP Reminders Your client can set up recurring premium payments through our customer portal – see how. And, make sure you don’t miss out on renewal compensation. #goldencareagent #mutualofomaha
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Video Interview: Thinking About the Future of Underwriting with Allen Gregoire
Thinking About the Future of Underwriting with Allen Gregoire We’re wrapping up the series with our Director of Underwriting, Allen Gregoire. Allen discusses the effort his LTC underwriting team puts into quick turnarounds, and wonders how the future of insurance underwriting, especially concerning genetic testing and cognitive diagnoses like Alzheimer’s and dementia. Don’t miss this chance to hear from Allen! Video Interview: Thinking About the Future of Underwriting with Allen Gregoire #goldencareagent #mutualofomaha
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LTC Teleconference Recording: Other Than Applied
We appreciate your attendance and enjoyed answering all your questions at the fifth LTC underwriting teleconference. Didn’t make it? That’s OK! We recorded it for you. Dial this number to listen to the teleconference anytime: (855) 859-2056 | Conference ID: 9182458 All teleconferences are available for download on Sales Professional Access under Sales Tools > Product Education. Please look for continued communications from us in 2020. LTC Teleconference Recording: Other Than Applied #goldencareagent #mutualofomaha
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Updated Product Portfolio and Underwriting Guide
The Life Insurance Underwriting Guidelines and Product Portfolio have been updated with the January 2020 product updates and are now available to order. Click below to view/download directly: Underwriting Guidelines Product Portfolio All materials are available to view/download through SPA or can be ordered through your normal channels. If you have questions, please contact your Account Executive or Sales Director. Updated Product Portfolio and Underwriting Guide #goldencareagent #mutualofomaha
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Final Reminder: Upcoming Changes to Our Life Portfolio
As a reminder, effective January 1, 2020, we will be making changes to our life product portfolio, including discontinuing our Guaranteed Universal Life product, repricing our Level and Graded Living Promise Whole Life final expense products, repricing our Term Life Express Non-ROP product and discontinuing our Term Life Express 20-Year ROP product. Read the Upcoming Changes to Our Life Portfolio article for complete details on the changes. Read the 2020 Life Product Changes: Transition Rules article to get the full transition rules. Read the FAQ document to get answers to any questions you may have regarding the upcoming changes. If
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