As you may have heard already, we are launching a brand new e-App on Monday, September 14. To access our new application, you will need to register on our new agent portal. Remember to register for the portal – registration can be completed in just a few short minutes. The new e-App will be accessible at www.LumicoAgentCenter.com. Some of it’s new features include: Instant Decision Underwriting – Ability to auto-approve open enrollment and underwritten cases when applicable Dual Applicant Enrollment Capability – Allows for a spouse and partner to apply simultaneously Integrated Voice Signature – Reducing the effort to set-up
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Agent Registration Required for the new Lumico e-Application
Lumico’s new e-Application will be hosted on a brand new portal. Registration for this new portal is REQUIRED to start a Lumico Med Supp application. Below is a step-by-step approach to get your agents registered and ready to go! Agents can begin registering today through this link: Lumico Agent Center (agents should have received an email from noreply_test@lumico.com inviting them to register) Agents are encouraged to review new e-Application reference materials, including our updated state availability map and IVR process, and test out the new e-Application Starting on 9/14, Lumico’s new e-Application will be available in the portal and the
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Transamerica Operations Disrupted by Storm
TRANSAMERICA OPERATIONS DISRUPTED BY STORM WE APPRECIATE YOUR PATIENCE On Monday afternoon, severe storms passed through central Iowa and affected our Cedar Rapids operations. Most importantly, we believe our employees are safe despite widespread damage in the area. Power and internet outages are widely reported, which will lead to a few days of uncertainty. In response, Transamerica and our administrative partner, TCS, have enacted our Business Continuity Plan. During this time, several phone lines will be temporarily closed or rerouted to other locations. Lines that remain open will have longer wait times as we try to balance customer support. These
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Premium Repayment Plans
Mutual of Omaha remains committed to helping our customers during these challenging times. We continue to follow regulatory guidance on a state-by-state basis regarding extending grace periods and/or non-cancellation/non-renewal requirements on insurance policies. In certain circumstances, clients who have been impacted by the COVID-19 pandemic may be eligible for repayment plans on their deferred premiums. Please direct any clients who inquire about their repayment options to contact Policyowner Services at 800-775-6000. Premium Repayment Plans #goldencareagent #mutualofomaha
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COVID-19, Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).
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compliance, Coronavirus, COVID-19, insurance, mutual of omaha, omaha, pandemic, policyholder, Policyholder Services, policyowner, premium, premium payment, United of Omaha, and virus.
Lumico Medicare Supplement Rate Adjustment (Indiana)
The following rate adjustments are effective September 1, 2020 for new and in-force business in Indiana. Lumico Rate Adjustment State Plan A Plan F Plan G Plan N Indiana 4.0% -5.0% 4.0% 0.0% Please refer to the points below to determine which rates should be applied. Any application dated on or after August 1, 2020, requesting a policy effective date before September 1, 2020, will receive the current 9-1-19 rates. Any application dated on or after August 1, 2020 requesting a policy effective date of September 1, 2020 or after will receive the new 9-1-20 rates. Marketing Materials: For
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Industry News, Lumico, and Medicare Supp./Adv..
Lumico, Med Supp, medicare, Medicare Supplement, Medigap, medsupp, premium, rate adjustment, and Swiss RE.
Lumico, Med Supp, medicare, Medicare Supplement, Medigap, medsupp, premium, rate adjustment, and Swiss RE.
Lumico Medicare Supplement Rate Adjustment (North Carolina)
The following rate adjustments are effective September 1, 2020 for new and in-force business in North Carolina. Lumico Rate Adjustment State Plan A Plan F Plan G Plan N North Carolina 6.0% 3.0% 6.0% 0.0% Please refer to the points below to determine which rates should be applied. Any application dated on or after August 1, 2020, requesting a policy effective date before September 1, 2020, will receive the current 8-1-19 rates. Any application dated on or after August 1, 2020 requesting a policy effective date of September 1, 2020 or after will receive the new 9-1-2020 rates. Marketing
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Industry News, Lumico, and Medicare Supp./Adv..
Lumico, Med Supp, medicare, Medicare Supplement, Medigap, medsupp, premium, rate adjustment, and Swiss RE.
Lumico, Med Supp, medicare, Medicare Supplement, Medigap, medsupp, premium, rate adjustment, and Swiss RE.
Lumico Medicare Supplement Rate Adjustment (Illinois)
The following rate adjustments are effective September 1, 2020 for new and in-force business in Illinois. Lumico Rate Adjustment State Plan A Plan F Plan G Plan N Illinois 4.0% 0.0% 4.0% 0.0% Please refer to the points below to determine which rates should be applied. Any application dated on or after August 1, 2020, requesting a policy effective date before September 1, 2020, will receive the current 9-1-19 rates. Any application dated on or after August 1, 2020 requesting a policy effective date of September 1, 2020 or after will receive the new 9-1-2020 rates. Marketing Materials: For
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Industry News, Lumico, and Medicare Supp./Adv..
Lumico, Med Supp, medicare, Medicare Supplement, Medigap, medsupp, premium, rate adjustment, and Swiss RE.
Lumico, Med Supp, medicare, Medicare Supplement, Medigap, medsupp, premium, rate adjustment, and Swiss RE.
Premium Not Required For LTC Applications
NEW: PREMIUM NOT REQUIRED FOR APPLICATION SUBMISSION WHEN SUBMITTING INDIVIDUAL LTC APPLICATIONS Effective immediately, Transamerica is pleased to share that cash is no longer required at time of application submission. You may now submit applications without initial premium when submitting individual business. Premium payment will become a delivery requirement. However, for clients that wish to bind coverage, the initial premium* must still be paid when the application is submitted. We hope that this option is of value to your business and your clients when appropriate. For questions or assistance with sales, illustrations, or other matters, please contact the Transamerica LTC
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From our Advanced Markets Team: LTCi – Self-Insurance or Self-Delusion?
LTC: Self-Insurance or Self-Delusion? Hear from our Advanced Markets Team! Some clients say they would prefer to self-insure instead of purchasing a long-term care policy. And while that may sound like the cheaper option, there are a lot of moving parts here that clients often don’t consider. You can learn more about the pitfalls of self-insurance from Stephen Alloy on our Advanced Markets team here. From our Advanced Markets Team: LTCi – Self-Insurance or Self-Delusion? #goldencareagent #mutualofomaha #longtermcare
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LTC e-Application Training Video
Producers who have used the LTC e-App agree it’s the easiest way to submit LTC applications. Some advantages to the e-App are: Offers the ability to view and/or print state filed forms at any time Reduces application scrubbing time You choose the method of signature collection Or to view in a separate window, click here. If you have any questions, please contact your Mutual of Omaha’s Sales Support at (800) 693-6083 or email sales.support@mutualofomaha.com. LTC e-Application Training Video #goldencareagent #mutualofomaha #longtermcare
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