Omaha Now Ranked #282 On Fortune 500 List

June 3, 2021 | by | Comments Off on Omaha Now Ranked #282 On Fortune 500 List

Mutual of Omaha has moved up to No. 282 on Fortune Magazine’s list of the 500 largest corporations in the United States, ranked by revenue for the 2020 fiscal year.  #fortune500   #mutualofomaha     Mutual of Omaha Improves Position on Fortune 500 List   #goldencareagent #mutualofomaha #fortune500
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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).
Tags: Fortune 500, fortune500, insurance, Mutual, mutual of omaha, Mutual of Omaha Insurance Company, omaha, Omaha Insurance, Omaha Insurance Company, and United of Omaha.

Memorial Day Office Closing 2021

May 28, 2021 | by | Comments Off on Memorial Day Office Closing 2021

Mutual of Omaha and its affiliates (United of Omaha and United World) will be closed on Monday, May 31st for Memorial Day. Below are the cut-off dates and times and the adjusted pay schedules. Holiday Pay Calculation Schedule Med Supp E-App & All Life Cutoff 3:00 PM Health Cutoff 3:00 PM Long Term Care Cutoff 3:00 PM Direct Deposit (EFT) Available Memorial Day, Monday 5/31/2021 Tuesday 6/1/2021 Tuesday 6/1/2021 Friday 5/28/2021 Friday 5/28/2021 Friday 6/4/2021   Weekly and holiday pay schedules are also available on the Sales Professional Access (SPA) website. If you have any questions, please contact your Sales
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Categories: Accident Insurance, Critical Illness, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).
Tags: holiday, holiday closing, holiday closure, insurance, Memorial Day, mutual of omaha, Mutual of Omaha Insurance Company, omaha, Omaha affiliates, United of Omaha, United World, and United World Life Insurance Company.

Rate Adjustments Effective August 1, 2021 (CO)

May 28, 2021 | by | Comments Off on Rate Adjustments Effective August 1, 2021 (CO)

Long-Term Care insurance (LTCi) is a core product for Mutual of Omaha, and we intend to remain a key player in this market for years to come. To fulfill this commitment, we actively monitor emerging industry trends and make any adjustments necessary that enable us to keep our promises to policyholders and remain competitive in the marketplace. For this reason, we will be implementing the following rate adjustments effective August 1, 2021: Block of Business Impacted States LTC06 Colorado   For a complete rate history, see the state approval grid on Sales Professional Access. Policyholder Notification Process Policyholders will receive
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
Tags: insurance, Long-Term Care, long-term care insurance, LTC, LTCi, mutual of omaha, omaha, and United of Omaha.

Rate Adjustments Effective September 1, 2021 (RI)

May 28, 2021 | by | Comments Off on Rate Adjustments Effective September 1, 2021 (RI)

Long-Term Care insurance (LTCi) is a core product for Mutual of Omaha, and we intend to remain a key player in this market for years to come. To fulfill this commitment, we actively monitor emerging industry trends and make any adjustments necessary that enable us to keep our promises to policyholders and remain competitive in the marketplace. For this reason, we will be implementing the following rate adjustments effective September 1, 2021: Block of Business Impacted States LTC06 Rhode Island   For a complete rate history, see the state approval grid on Sales Professional Access. Policyholder Notification Process Policyholders will
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
Tags: insurance, Long-Term Care, long-term care insurance, LTC, LTCi, mutual of omaha, omaha, and United of Omaha.

LTC Transition Rules and Best Practices

May 24, 2021 | by | Comments Off on LTC Transition Rules and Best Practices

From the Desk of Corri Campbell Last Tuesday, we sent a communication outlining the transition rules, implementation dates and benefit option changes to the MutualCare Solutions Portfolio for the states of Delaware, Florida, North Dakota and South Dakota. I wanted to personally follow up reiterating how important it is to take note of our transition rules as they were outlined: Old applications signed after May 31, 2021, will not be accepted. Old applications signed by May 31, 2021, but received by Mutual of Omaha after June 11, 2021, will not be accepted. In both scenarios, new applications will be required,
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
Tags: express, Express Underwriting, life, Life Insurance, mutual of omaha, Mutual of Omaha Insurance Company, omaha, pending cases, simplified issue, simplified underwriting, Underwriting', and United of Omaha.

Simplified Issue Life: Weekly Time Service Update (5/21)

May 24, 2021 | by | Comments Off on Simplified Issue Life: Weekly Time Service Update (5/21)

From the Desk of Marty Johnson Simplified Issue Life: Weekly Time Service Update Thank you for your continued support and patience as we work diligently to return to normal time service levels. We continue to increase our staff and work overtime on nights and weekends to ensure your business is handled properly, and as quickly as possible. Our current time service levels are listed below. Please note, business days do NOT include weekends. Most of the new business reviews are being handled within 2 business days Policies are issued on average 1-5 days after application review, depending on requirements needed
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: express, Express Underwriting, life, Life Insurance, mutual of omaha, Mutual of Omaha Insurance Company, omaha, pending cases, simplified issue, simplified underwriting, Underwriting', and United of Omaha.

Important Life Underwriting Update

May 24, 2021 | by | Comments Off on Important Life Underwriting Update

From the Desk of Marty Johnson Throughout the pandemic, Mutual of Omaha has been continuously evaluating our underwriting and new business practices to support business continuity, deliver a high level of service and maintain our financial strength. I am happy to announce we will be adjusting our temporary guideline changes effective May 24, 2021. These guidelines apply to all fully underwritten life insurance cases and includes all newly submitted and pending in-house cases, whether formal or informal. Acceptance Guidelines Based on Insured’s Issue Age: If the client is age 0-59: The client is eligible for our best risk class Underwriting
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Categories: COVID-19, 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, omaha, Term Life Answers, TLA, and United of Omaha.

Introducing Mutual Insights

May 17, 2021 | by | Comments Off on Introducing Mutual Insights

This week we are debuting our brand-new video podcast web series, Mutual Insights. These videos will serve as an opportunity to hear from key home office employees at Mutual of Omaha; and a new way to get to know the faces of the people you may be talking to over the phone every day. Throughout the video series, you’ll hear from experts in the field of Underwriting, Marketing, Distribution, Sales Professional Access & Technology, and many more. These videos will be available to re-watch later on mutualofomaha.com/simple. In our first episode, you’ll meet Mandi Keller. Mandi is a manager in
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: express, indexed universal life, insurance, IUL, IUL Express, IULE, life, Life Insurance, life policies, living benefits, LTC Rider, Mutual Insights, mutual of omaha, Mutual of Omaha Insurance Company, omaha, simplified underwriting, and United of Omaha.

We’ve Made it Easier to Help Clients Preserve Their Estate

May 17, 2021 | by | Comments Off on We’ve Made it Easier to Help Clients Preserve Their Estate

Selling an indexed universal life insurance product with a Long-Term Care Rider has never been easier. The Long-Term Care Rider can now be submitted using our iPipeline e-App system! When you submit an e-App, you won’t have to worry about missing a question or form — the system ensures you submit your application in good order. The Long-Term Care Rider is a great way to help clients preserve their estate. Many people work a lifetime to accumulate assets to pave the way for a comfortable retirement and to leave an inheritance for their children. Long-Term Care services, however, can quickly
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: express, indexed universal life, insurance, IUL, IUL Express, IULE, life, Life Insurance, life policies, living benefits, LTC Rider, mutual of omaha, Mutual of Omaha Insurance Company, omaha, simplified underwriting, and United of Omaha.

Simplified Issue Life: Weekly Time Service Update (5/14)

May 14, 2021 | by | Comments Off on Simplified Issue Life: Weekly Time Service Update (5/14)

From the Desk of Marty Johnson Simplified Issue Life: Weekly Time Service Update Thank you for your continued support and patience as we work diligently to return to normal time service levels. We continue to increase our staff and work overtime on nights and weekends to ensure your business is handled properly, and as quickly as possible. Our current time service levels are listed below. Please note, business days do NOT include weekends. Most of the new business reviews are being handled within 3 business days Policies are issued on average 1-5 days after application review, depending on requirements needed
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: express, Express Underwriting, life, Life Insurance, mutual of omaha, Mutual of Omaha Insurance Company, omaha, pending cases, simplified issue, simplified underwriting, Underwriting', and United of Omaha.