Improvements to Our Accelerated Underwriting Program

July 28, 2020 | by | Comments Off on Improvements to Our Accelerated Underwriting Program

Since we introduced our Accelerated Underwriting program, we have continued to review the program and make enhancements. We are pleased to announce that we are improving our Accelerated Underwriting Program once again. Effectively immediately, we are: Increasing the Accelerated Underwriting maximum issue age from age 55 to age 60 Making the $2 million maximum that was announced in April a permanent increase Our Accelerated Underwriting program is available for Term Life Answers, Income Advantage IUL and Life Protection Advantage IUL. The process is easy. Simply submit a Speed eTicket (drop ticket), ExamOne contacts the client, and we take care of
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: Income Advantage, Income Advantage IUL, indexed universal life, insurance, IUL, Life Insurance, Life Protection Advantage, Life Protection Advantage IUL, mutual of omaha, Mutual of Omaha Insurance Company, omaha, term life, Term Life Answers, TLA, Underwriting', and United of Omaha.

Just the Hits

July 28, 2020 | by | Comments Off on Just the Hits

If you are looking for a quick intro to the IUL Express or GUL Express e-App you can find all the most important information in our Quick Hits training video. Below are the chapters – or hits – you will find in the video: Plan Information – IULE Easy Solve IULE Without Easy Solve Solution Premium Summary – IULE Premium Summary – GULE Attachments – IULE Attachments – GULE Disability Riders Final Decision – IULE Final Decision – GULE For more product information and training, check out MutualOfOmaha.com/Simple.   Just the Hits   #goldencareagent #mutualofomaha
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: express, Express Underwriting, indexed universal life, IUL, IULE, Life Insurance, mutual of omaha, omaha, Term Life Express, TLE, Underwriting', and United of Omaha.

Learn the In’s and Out’s of Our e-App

July 20, 2020 | by | Comments Off on Learn the In’s and Out’s of Our e-App

Submitting your application online streamlines the application process, so your clients get coverage faster and you get paid sooner. We now offer all the products below on iPipeline e-Application. Products Available on Full e-App IUL Express GUL Express Living Promise Whole Life (Final Expense) Term Life Express Children’s Whole Life Guaranteed ADvantage (Accidental Death) In addition, on IUL Express, GUL Express, Living Promise and Term Life Express we process the application information in real time and provide an instant underwriting decision. Watch the complete training videos below to get full training, or skip to the specific section you need. IUL
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: guaranteed universal life, guaranteed universal life express, GUL, GULE, indexed universal life, indexed universal life express, IUL, IULE, Life Insurance, mutual of omaha, omaha, pending cases, and Underwriting'.

The Extras on Life Protection Advantage IUL

July 20, 2020 | by | Comments Off on 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).
Tags: insurance, IUL, life, Life Insurance, Life Protection Advantage, Life Protection Advantage IUL, mutual of omaha, Mutual of Omaha Insurance Company, omaha, Underwriting', and United of Omaha.

Lifting LTC Restrictions in Ten Additional States

July 17, 2020 | by | Comments Off on Lifting LTC Restrictions in Ten Additional States

Lifting LTC Restrictions in Ten Additional States Effective July 20, 2020, Mutual of Omaha is pleased to announce additional states where the age restriction will be lifted for LTC applications age 65 and over. Please refer to the Frequently Asked Questions document for a current list of all states and effective dates. Kentucky Maine Minnesota New Hampshire New Mexico North Carolina Ohio Pennsylvania Vermont Virginia We continue to evaluate lifting restrictions for the remaining states of California, Oregon and Washington. Until then, these states must follow the guidelines and processes outlined in our temporary underwriting guideline communication. Reminder: Underwriters will
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Categories: COVID-19, GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
Tags: Coronavirus, COVID-19, interview, Long-Term Care, long-term care insurance, LTC, LTCi, mutual of omaha, omaha, pandemic, Underwriting Guide, underwriting guidelines, Underwriting', and virus.

Important Information Regarding EMSI Closure

July 13, 2020 | by | Comments Off on Important Information Regarding EMSI Closure

On Friday, July 3, one of our approved paramedical companies, Examination Management Services Inc. (EMSI), announced they were ceasing operations effective immediately. This closure impacts exams and APSs ordered by the agent through EMSI. Please note: This does not impact exams and APSs ordered by the Mutual of Omaha home office since those are ordered through ExamOne. What You Need to Do: Any exams that were scheduled by the agent through EMSI will need to be rescheduled using one of the approved paramedical companies listed below. If your client has an exam scheduled with EMSI, it is important to let
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: closure, EMSI, express, Express Underwriting, indexed universal life, IUL, IULE, Life Insurance, mutual of omaha, omaha, Term Life Express, TLE, Underwriting', United of Omaha, and vendor.

Care Solutions News

July 13, 2020 | by | Comments Off on Care Solutions News

Product News Changes to Asset-Care® in California launching on July 25 OneAmerica is committed to the asset-based long-term care market and to offering products that bring value to both our agents and their clients. To maintain the viability of Asset-Care® in California and continue offering it until the enhanced product is available in this state, we are making key updates starting July 25.   Coming soon: Asset Care quotes are getting an upgrade Your Asset Care quote outputs will soon be much easier to understand. We heard your feedback, and we’re adding a page to Asset Care quotes that breaks
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Categories: COVID-19, Industry News, Linked Benefit/Hybrids, and OneAmerica.
Tags: Asset Care, Coronavirus, COVID-19, hybrid, insurance, linked benefit, LTC, oneamerica, pandemic, State Life, training, Underwriting', and virus.

Mutual of Omaha LTC Issue Age Restriction Lifted in Additional States

July 2, 2020 | by | Comments Off on Mutual of Omaha LTC Issue Age Restriction Lifted in Additional States

Mutual of Omaha LTC Issue Age Restriction Lifted in Additional States Mutual of Omaha is pleased to announce we are lifting restrictions for LTC applications age 65 and over in additional states effective July 6, 2020. Please refer to the Frequently Asked Questions document for a current list of all states and effective dates. Connecticut District of Columbia Illinois Massachusetts Michigan New Jersey New York Rhode Island We continue to evaluate lifting issue age restrictions for additional states. Until then, all states not identified must follow the guidelines and processes outlined in our temporary underwriting guideline communication. Reminder: Underwriters will
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Categories: COVID-19, GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
Tags: Coronavirus, COVID-19, interview, Long-Term Care, long-term care insurance, LTC, LTCi, mutual of omaha, omaha, pandemic, Underwriting Guide, underwriting guidelines, Underwriting', and virus.

Online Applications Can Simplify Your Life

July 1, 2020 | by | Comments Off on Online Applications Can Simplify Your Life

We are proud to offer a diverse Simplified Issue product portfolio so you can find the right solution for each of your clients – and fast. Term Life Express, Living Promise Whole Life (Final Expense), Children’s Whole Life, Accidental Death and most recently – IUL Express and GUL Express – are all available on iPipeline e-Application. Some of the benefits of using an e-Application: Helps you complete the application in good order – saving you and your client time Ensures you are always you using the correct forms Quicker issue for your clients – which means you get paid faster
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: express, Express Underwriting, indexed universal life, IUL, IULE, Life Insurance, mutual of omaha, omaha, Term Life Express, TLE, Underwriting', and United of Omaha.

Case Study: Why Clients Get Issued “Other Than Applied”

July 1, 2020 | by | Comments Off on Case Study: Why Clients Get Issued “Other Than Applied”

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. How did this happen? During the application process, Camila hadn’t told her agent about a stroke she had 3 years ago, and it was discovered when the underwriter reviewed her medical records. This stroke history changed Camila’s rate class, and upon discovery 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 class change with the client and
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
Tags: agent, Long-Term Care, long-term care insurance, LTC, LTCi, Mutual, mutual of omaha, omaha, pre-screen, and Underwriting'.