The Critical Advantage e-App is the best way to submit your applications for Critical Illness, Cancer and Heart Attack and Stroke. Here are a few reasons why. Allows you to quote a premium and complete an application at the same time You’re always using correct forms and your applications are completed in good order Provides a paperless “green” experience Simple e-signature process Auto-save functionality A dashboard shows all applications in process Access the Critical Advantage e-App here on Sales Professional Access (SPA) under the Sales Tools tab. If you have questions, please contact your Mutual of Omaha Sales Director
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A Letter from Tess Grace: We Are Mutually Invested
WE ARE MUTUALLY INVESTED IN LONG-TERM CARE SOLUTIONS Mutual of Omaha remains committed to the long-term care insurance marketplace, to providing you a product portfolio that meets the needs of your clients and prospects, and to offering you the tools and resources that make it asy to do business with us. Here’s a look at what we’ve done throughout 2019: Innovative Solutions – As a leader in the long-term care insurance market, we’re always evaluating new solutions, new processes and value-added benefits to help you meet your clients’ unique needs. Better Processes – We’ve improved the speed on our new
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Updated Partnership Overview and Training Guide
For an LTC policy to be eligible for Partnership, it must: Be tax-qualifed (MutualCare® Solutions policies meet this requirement) Be purchased in a state where Partnership is approved Have inflation protection based on specific age brackets at time of purchase The Partnership Guide has been updated to reflect the New Mexico requirements for training as well as appropriate qualifications. Learn about state Partnership programs and how to structure an LTCi policy that’s Partnership qualified: Overview & Training Guide If you have questions, please call Mutual of Omaha’s Sales Support at (800) 693-6083, or email sales.support@mutualofomaha.com. Updated Partnership Overview
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The Beauty of the Buy-Up Option
Did you know? There’s beauty in the buy-up option. Your clients want to know the long-term care policy they purchase today will be adequate to help them pay for the services they’ll need in the future. That’s whythe MutualCare® Custom Solution includes a buy-up option that allows them to increase their inflation protection percentage once a year. This important policy benefit also gives them the option to decrease their inflation percentage at any time. And here’s the beauty… any gains previously applied to the policy are theirs to keep. Offering a policy with the flexibility to adjust benefits to meet
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Medicare News – Omaha Family of Companies
Medicare Supplement: Upcoming Rate Adjustments View upcoming rate adjustments for Mississippi and Virginia. One Company/One State-MT and VA Effective January 1, 2020, only applications underwritten by Mutual of Omaha for Montana and Virginia will be accepted for new business and conversions. Medicare Advantage and Prescription Drug Plans: AEP is Almost Over- What Next? While AEP May Soon be Over, There’s Still Work to Do. Understanding Rapid Disenrollments and Special Enrollment Periods. #goldencareagent #mutualofomaha
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New IUL Express Client Video Now Available
Our new client-approved video helps you explain how an IUL Express product works and the benefits an IUL Express policy has to offer. Watch it now and share it with your clients. The new video is available, along with other IUL Express materials, on our new simplified issue microsite, mutualofomaha.com/simple. If you have any questions, please contact your Mutual of Omaha’s Sales Support at (800) 693-6083 or email sales.support@mutualofomaha.com. New IUL Express Client Video Now Available #goldencareagent #mutualofomaha #iul
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Wrapping Up 2019: A Note from Steve Pike
A Note from Steve Pike It’s been a great year! Together, we’re fulfilling our shared mission to help people protect their families, their finances and their futures with long-term care insurance. Looking ahead to 2020, we remain committed to providing the products, services and support you and your agents need. Please accept our sincere thanks for the LTC business you placed with us in 2019. We look forward to helping you grow sales in the coming year. Have a safe and happy holiday season! Steve Pike National Sales Director – LTC, DI, CI #goldencareagent #mutualofomaha #stevepike #longtermcare
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Critical Illness, Disability Income Insurance, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
CI, critical illness, DI, disability income, happy holidays, holiday, holiday message, holiday season, insurance, Long-Term Care, long-term care insurance, LTC, LTCi, mutual of omaha, omaha, and United of Omaha.
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External Replacement Guidelines
Since September 1, 2015, United of Omaha has not accepted external replacements on simplified issue life insurance applications in Kentucky, Kansas or West Virginia. Please make sure you are aware of the external replacement guidelines below. Products impacted Term Life Express Guaranteed Universal Life Express Living Promise Whole Life (Final Expense) Children’s Whole Life Indexed Universal Life Express Any simplified issue application taken in Kentucky, Kansas or West Virginia stating an external replacement is involved, will not be accepted. External replacements will be considered on fully underwritten products in these states on a case by case basis. It is required
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Upcoming Changes to Our Life Product Portfolio
Mutual of Omaha is financially strong and we continue to focus on growing our company. Our commitment to growth is what helps ensure that we’ll be around when it comes time for us to deliver on the promises we’ve made to our policyholders. This continued growth requires an investment of capital, and as a mutual company, we rely primarily on our earnings to create new capital. Recently, statutory earnings have been impacted by several economic factors, including a prolonged low interest rate environment. We’re proactively addressing this trend in 2020 to produce positive statutory earnings and maintain our long-term financial
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2020 Life Product Changes: Transition Rules
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. Below is a summary of the transition rules. More information on these product changes and transition rules can be found in our 2020 Life Product Changes Frequently Asked Questions document. GUL and TLE 20-Year ROP policies: You will still be able to submit applications for GUL and TLE 20-year ROP
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