Waiting a Few Years on Life Insurance May Add Up

Often, when meeting with clients to discuss life insurance solutions, they want to “think about it” before making their decision. But what they don’t realize is that this delay may impact the amount of income they can take from his policy in the future. Waiting even just a few years could change the income potential by thousands of dollars a year. Review this Income Advantage IUL Sales Idea to see a case study that shows what your clients might be giving up, just by waiting. If you have questions, please reach out to a member of your Brokerage Life Sales
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Inforce Long-Term Care Insurance Rate Adjustments Effective May 1, 2022

Mutual of Omaha actively monitors our inforce long-term care business, filing rate adjustments when necessary to ensure we keep our promises to policyholders and remain competitive in the marketplace. We will be implementing the following inforce rate adjustments effective May 1, 2022: Impacted Policy Forms Impacted States LTC04I Michigan, Nebraska LTC04G Michigan LTC04I7 Michigan, Nebraska LTC09M Michigan, Nebraska LTC06UI Michigan, Nebraska LTC09U Michigan, Nebraska LT50, NH50, HCA, NHA & LTA Alabama, South Carolina and Utah   For details on yearly rate adjustment percentages, view the supplemental grid here. Policyholder Notification Process Policyholders will receive a letter notifying them at least
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Mutual of Omaha Foundation 2021 Community Investment Numbers

Mutual of Omaha Foundation 2021 Community Investment Numbers February 21, 2022 (OMAHA, Neb.) — Last year, the Mutual of Omaha Foundation granted more than $5 million to 120 local nonprofit organizations. Operating with a mission to break the cycle of poverty and invest in projects that strengthen the Omaha metropolitan area, the organization provided grants that focused on basic needs, adult self-sufficiency and youth development. “This past year, our refugee grantees experienced heightened needs,” said Gail Graeve, executive director of the Mutual of Omaha Foundation. “While navigating the on-going pandemic, our community experienced an unexpected surge in refugees. Supporting their
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Okta Registration for SPA Reminder

Final Reminder: Effective February 24, 2022, Mutual of Omaha is modernizing the way producers and marketers securely access our network and applications by implementing a new platform called Okta. We encourage you to register for Okta immediately, to avoid business disruption. NOTE: SPA login credentials cannot be shared. This change impacts the agent portal, Sales Professional Access (SPA). Before registering for Okta, make sure your contact information on SPA is current. The contact information on file will be used for authentication. If you are unsure of your contact information on file, click here for instructions on how to check or
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Categories: Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Enjoy the Ride

Effective February 1, 2022, TLE 30T Return of Premium (ROP) now has Critical Illness and Chronic Illness Riders available in addition to the Terminal Illness Rider. These riders allow your clients to access a portion of their death benefit early due to terminal, chronic or critical illness. Our TLE ROP product is a great way to provide your clients with options, and now, it’s better than ever. Learn more about these changes with this flyer. Here’s what you need to know: New Riders Chronic and Critical Illness Riders will be added to TLE 30T ROP. Rate Adjustments TLE 30T ROP
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Categories: Consumer Marketing Materials, Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Mutual of Omaha — A Top Rated Life Insurer for Seniors

Mutual of Omaha is excited to share that out of 19 total ranked carriers, Mutual of Omaha landed as the second top-rated life insurer for seniors! And was one of only three carriers to receive a rating of 4.0 or better out of five according to U.S. News and World’s 2022 rankings. The report highlighted that Mutual of Omaha sells a wide range of products, including term, whole life, universal life and indexed universal life. And, in fact, Mutual of Omaha’s term life insurance rates are lower than many while offering term coverage up to age 80. Click here to
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Mutual of Omaha Ranked #25, America’s Best Large Employers

Mutual of Omaha is now ranked #25 on Forbes’ list of America’s Best Large Employers. In addition, Omaha is ranked as the top employer in the insurance industry. Great job, Mutual of Omaha! GoldenCare is proud to be partnered with an amazing company which shares our core values!     Mutual of Omaha Ranked #25, America’s Best Large Employers   #goldencareagent #mutualofomaha
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Categories: Accident Insurance, Critical Illness, Dental, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

AM Best Reaffirms Mutual of Omaha’s A+ (Superior) Rating

AM Best Reaffirms Mutual of Omaha’s A+ (Superior) Financial Strength Rating OLDWICK – FEBRUARY 03, 2022 10:09 AM (EST) AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” (Superior) of Mutual of Omaha Insurance Company and its subsidiaries, United of Omaha Life Insurance Company, Companion Life Insurance Company (Hauppauge, NY) and United World Life Insurance Company. Concurrently, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IR) of “a” (Excellent) on Mutual of Omaha Insurance Company’s existing surplus notes. The outlook of these Credit Ratings (ratings) is stable. The
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Washington Long-Term Care Rider Available February 1, 2022

We are pleased to announce that effective February 1, 2022, Mutual of Omaha will once again accept Income Advantage and Life Protection Advantage IUL applications that include the Long-Term Care Rider in the state of Washington. Important information to know: Applications, illustrations and quoting software will be available beginning February 1, 2022. Thank you for your continued business, partnership and commitment to Mutual of Omaha. If you have any questions, please contact your Sales Director or Account Executive. Washington Long-Term Care Rider Available February 1, 2022 #goldencareagent #mutualofomaha #iul
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Categories: Industry News, Life Insurance, Mutual of Omaha (& Affiliates), and State LTC Programs.

Navigating TLE 30T ROP

Mutual of Omaha has an exciting announcement for you. Effective February 1, 2022, the TLE 30T Return of Premium (ROP) product will have Critical Illness and Chronic Illness Riders available in addition to the Terminal Illness Rider. This allows your clients even more options on their policy. In addition to these no-cost benefits, we will be repricing TLE 30T ROP while keeping it one of the most competitive ROP products in the industry. Here’s what you need to know: New Riders Chronic and Critical Illness Riders will be added to TLE 30T ROP. Rate Adjustments TLE 30T ROP rates will
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).