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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Categories: Industry News and Mutual of Omaha (& Affiliates).

Advertising Compliance Requirements

Mutual of Omaha has long been committed to ensuring that all advertising materials used to promote our company and our products meet certain criteria as required by government regulations, the NAIC, and our Home Office. Producers are required to obtain permission from the company before advertising on its behalf. Because of our commitment to compliance, we have developed and rely on our Advertising Review system to maintain a system of control over the content, form, and method of distribution of all advertisements of our products and services. If you are looking for advertising materials, please check Forms & Materials on
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Categories: Industry News and Mutual of Omaha (& Affiliates).

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
Read More

Categories: Industry News and Mutual of Omaha (& Affiliates).

Holiday Telephone Solicitation Bans for the Month of April 2021

Please be aware of the following US holiday telephone solicitation bans for the month of April: On Friday, April 2, 2021: Louisiana and Pennsylvania prohibit unsolicited marketing calls to residents in observance of Good Friday On Sunday, April 4, 2021: Louisiana prohibits unsolicited marketing calls to residents in observance of Easter; however, state law already prohibits telephone solicitations on Sundays On Monday, April 26, 2021: Alabama and Mississippi prohibit unsolicited marketing calls to residents in observance of Confederate Memorial Day   #goldencareagent #mutualofomaha
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Categories: Industry News and Mutual of Omaha (& Affiliates).

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
Read More

Categories: Industry News and Mutual of Omaha (& Affiliates).

Telephone Solicitation Bans for the Month of November 2020

Please be aware of the following US holiday telephone solicitation bans for the month of November 2020: On Wednesday, November 11, 2020: Alabama, Louisiana, Mississippi, Pennsylvania, Rhode Island, and Utah prohibit unsolicited marketing calls to residents in observance of Veterans’ Day. On Thursday, November 26,2020: Alabama, Louisiana, Mississippi, Pennsylvania, Rhode Island, and Utah prohibit unsolicited marketing calls to residents in observance of Thanksgiving. On Friday, November 27, 2020: Louisiana may prohibit unsolicited marketing calls to residents in observance of Acadian Day (may be declared by the governor). On Friday, November 27, 2020: Pennsylvania prohibits unsolicited marketing calls to residents in
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Categories: Industry News and Mutual of Omaha (& Affiliates).

Transfer Guidelines Update

Mutual of Omaha has recently updated the Transfer Guidelines so all transfer requests relating to Simplified Issue products follow the same process. You can find both the Transfer Guidelines and the Transfer Request Form on Sales Professional Access (SPA), or click the links below:   > Transfer Guidelines   > Transfer Request Form   If you have questions, please contact your Sales Director or Account Executive.   Transfer Guidelines Update   #goldencareagent #mutualofomaha
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Categories: Industry News and Mutual of Omaha (& Affiliates).

Sales Support Has New Hours

Our Sales Support Unit can assist you with product questions, run illustrations, order marketing materials and more! Below you will find their contact number and NEW operating hours. Sales Support Phone: (800) 693-6083 Hours of Operation: Monday – Friday 8:00 a.m. — 5:00 p.m. (CT)   Sales Support Has New Hours   #goldencareagent #mutualofomaha
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Categories: Industry News and Mutual of Omaha (& Affiliates).

Holiday Telephone Solicitation Bans for September 2020

Please be aware of the following US holiday telephone solicitation bans for the month of September 2020: On Monday, September 7, 2020: the following states prohibit unsolicited marketing calls to residents in observance of Labor Day. Alabama Louisiana Mississippi Pennsylvania Rhode Island Utah Holiday Telephone Solicitation Bans for September 2020   #goldencareagent #mutualofomaha
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Categories: Industry News and Mutual of Omaha (& Affiliates).

Holiday Telephone Solicitation Bans for August 2020

Please be aware of the following US holiday telephone solicitation bans for the month of August 2020: On August 10, 2020: Rhode Island prohibits unsolicited marketing calls to residents in observance of Victory Day. On August 30, 2020: Louisiana prohibits unsolicited marketing calls to residents in observance of Huey P. Long Day. Holiday Telephone Solicitation Bans for August 2020   #goldencareagent #mutualofomaha
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Categories: Industry News and Mutual of Omaha (& Affiliates).