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).

Inforce Long-Term Care Insurance Rate Adjustments Effective April 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 April 1, 2022: Impacted Policy Forms Impacted States LTC04I Alaska, North Dakota LTC04G North Dakota LTC04I7 North Dakota LTC09M Alaska, North Dakota LTC06UI Alaska, North Dakota LTC09U Alaska, North Dakota LT50, NH50, HCA, NHA & LTA Kentucky, South Dakota and Wyoming   For details on yearly rate adjustment percentages, view the supplemental grid here. Policyholder Notification Process Policyholders will receive a
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Get the Most For Clients with a Long-Term Care Rider

United of Omaha’s LTC Rider follows what is known as a reimbursement rider model, other life insurance companies have LTC riders that use an indemnity model. Knowing the difference is important. With our reimbursement rider, the client can take up to the full monthly benefit as long as they have qualifying expenses. We don’t restrict based on HIPAA limits. Your clients will have to prove expenses to get reimbursed, but because there is no HIPAA limit, they may be able to take more benefit from our rider than from a company with a 1x HIPAA limit. Read more about the
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

SPA Okta Registration Required

The final registration deadline for Okta is extended to February 24, 2022. We encourage you to register for Okta immediately, to avoid business disruption. Okta is a two-factor authentication process. SPA login credentials cannot be shared. Before registering for Okta make sure your contact information on SPA is current. The contact information on file will be used for authentication. Step 1: Verify Contact Information on SPA Log on to Sales Professional Access (www.mutualofomaha.com/broker) In the upper right-hand corner, select the image of the person Select “Profile” Review your information Update as needed your email address, mailing addresses and/or phone numbers
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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).

Important Update for Illinois IULE and TLE Applications

There is a new application form specific to the state of Illinois for IUL Express and Term Life Express products. The new paper application (form ICC21L676A) has already been updated and is currently available in Forms and Materials, or through your normal ordering channels. We are in the process of updating the iPipeline e-Application. Effective February 1, 2022, all IUL Express and Term Life Express applications must be submitted using the new application form ICC21L676A. New business will require a new application if the old application form is submitted. If you have questions, please reach out to a member of
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

New Okta Verification System

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. In order to prepare for this change, you must register prior to the transition. This change impacts the agent portal, Sales Professional Access (SPA). IMPORTANT: To register, go to https://login.mutualofomaha.com and follow the prompts. Review the Okta procedure document for more information. After migration you will need to use your username and not your email address to authenticate to these applications. If you do not know your username, you can see it by
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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).