The Extras on Life Protection Advantage IUL

Life Protection Advantage IUL has competitive long-term no-lapse guarantee premiums. But that’s not all. The product also comes with value-added features that many competitors don’t offer. A Guaranteed Refund Option Rider Unlike many other IULs, qualifying Life Protection Advantage IUL policies come with a premium refund option when clients pay the ‘guarantee to 85’ premium level. With this feature, if your clients no longer need their life insurance coverage, they have seven 60-day windows in which they can surrender their policy and receive their premiums back. A Terminal and Chronic Illness Rider — at no additional cost Life Protection Advantage
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Accelerate the Underwriting Process for TLA

Accelerated Underwriting for Term Life Answers® speeds up the traditional underwriting process and can provide you with an underwriting decision in 48-72 hours. How does it work? It’s simple. Submit a Speed eTicket (drop ticket). ExamOne will contact your client to complete the health interview. If approved through Accelerated Underwriting, no other requirements are needed – that’s right, NO paramed exam. If not approved through Accelerated Underwriting, no problem, the application will continue down the traditional underwriting path like normal. Our Accelerated Underwriting Program flyer explains the program in detail and can be shared with your agents..   If you
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

LTC “Underwriting Operation” – Camila’s Story

Another case study as part of our ongoing Underwriting Operation. CASE STUDY: Camila Camila, a 63-year-old woman in Arizona, applied for MutualCare® Custom Solution. She was quoted Select; however, after underwriting review, a Class I rate was offered. During the application process, Camila hadn’t told her agent about a stroke she had 3 years ago which caused a change in rate class. The stroke was discovered when the underwriter reviewed her medical records. The underwriter emailed the agent regarding the rate class change and encouraged the agent to call and discuss options with the client. The agent discussed the rate
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

June 20th Underwriting Teleconference Recording Now Available

We appreciate your attendance and enjoyed answering all your questions at the second LTC underwriting teleconference. During the call you heard from Aaron Smallwood, Supervisor Underwriting Support for LTC, Demerri Bond, LTC Underwriting Manager, and Allen Gregoire, our Director of Underwriting for all individual health. 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: 5172044   Make sure to add the remaining bi-monthly teleconferences to your calendar.   Please email us suggestions on topics or questions you’d like answered before the next call at distribution.marketing@mutualofomaha.com.
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

New and Improved Drug & Underwriting Filter

FIELD UNDERWRITING IN AN INSTANT. No more wasting time with clients answering questions about drugs and health conditions. The new Drug and Underwriting Filter on our CSG Actuarial tool assists you with field underwriting and populates only carriers able to underwrite the condition/medication. After login, the client input screen for a quote now includes a “Show Advanced” link in the bottom corner. Click to open a lower section to specify conditions and medications.   Already ran your quote? Add conditions & medications after the fact using the “App. Health Questions” Section on the left. Not familiar with CSG Actuarial, or
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Categories: GoldenCare News, Industry News, and Medicare Supp./Adv..

Helpful Tips for Submitting New Apps

Help Us … Help You Below are some helpful tips for working with our Underwriting Team in an effort to accurately and effectively expedite your new business. When submitting applications, it is imperative that you: Write clearly Spell applicant’s name correctly Print names where indicated Make sure all forms are completed and signed Thank you in advance for your cooperation; together we can avoid delays and errors when processing your new business. #goldencareagent #unitedsecurity
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Categories: Industry News, Long-Term Care, and United Security.

Tele-Underwriting for AnnuiCare® Starts Today

When AnnuiCare® launched in 1999, it was the first tax-qualified asset-based long-term care and annuity combo in the industry. Twenty years later, though many competitors have pulled their LTC offerings or increased premiums, our LTC premium rates remain unchanged and sales continue to grow. What’s different now is our tele-underwriting process which, in most cases provides an immediate underwriting decision.   While your client is in your office, follow these easy steps: Review the pre-interview checklist here. If the applicant can honestly answer ‘No’ to all seven questions, proceed to the tele-underwriting step. Call 888-390-5824 and an experienced, non-clinical interviewer
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

Let’s Talk About Our Underwriting Guidelines

Our Next “Underwriting Operation” Teleconference is scheduled for 10 a.m. CST June 20th, 2019 Topic: Let’s Talk About Our Underwriting Guidelines We invite you to talk to our leadership to talk about the underwriting guidelines Mutual of Omaha is currently reviewing. Do you agree? Share your feedback and gather more insight on what you’d like to see change in the future. When: Thursday, June 20 at 10 am CT Conference Number: 1-866-220-3018 Conference ID: 5172044 Check out this flyer for all the details.   Do you have questions on the topic, or do you have something you’d like to discuss?
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Medicare News – Omaha Family of Companies

Medicare Supplement: Upcoming Med Supp Rate Adjustments Please view the upcoming rate adjustments in IN, KS, MD, ME, MO, MT, NV, OH, OK, PA, SC.   Underwriting Updates Webinar Follow Up Brokerage Sales launched the fifth live monthly webinar on Tuesday, May 28, 2019, titled Underwriting Updates. If you missed the webinar you can watch it on demand.   Med Supp Broker Bonus June Special During the month of June, earn $40 per qualified application in Indiana, Missouri, South Carolina and Wisconsin in our special Broker Bonus program.   #goldencareagent #mutualofomaha
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

LTC Underwriting Operation: The New Underwriting Guide

Another case study as part of our ongoing Underwriting Operation. Case Study: A New LTC Producer Uses Underwriting Tools to His Advantage Don is a new long-term care insurance agent based in St. Louis. As he learns the industry and product, Don has found it useful to carry the MutualCare® Solutions Underwriting Guide as an aid while screening clients. Recently, Don was working with a 65-year-old male applying for the Secure solution. Having already familiarized himself with the build chart before the meeting, Don knew to quote no better than Class 1 based on the client’s height and weight. However,
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).