Ease Your Client’s Worries with Living Promise

Living Promise Whole Life Insurance is designed to help provide affordable protection that pays benefits directly to the person you choose to take care of your outstanding medical bills, unexpected expenses or debt that you may leave behind. Leaving you with nothing to worry about when you’re gone. Product Features Competitive premiums Simplified underwriting — no medical exam, coverage is based on answers to a few simple health questions Two coverage choices: Level Benefit Plan Policy issue ages: 45 – 85 Benefit amounts: $2,000 – $40,000 (in WA, $5,000 – $40,000) Accelerated Death Benefit for Terminal Illness or Nursing Home
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

United of Omaha Children’s Whole Life Reprice

Effective April 1, 2021, we will be implementing rate adjustments to Children’s Whole Life. While we will be making small rate increases, Children’s Whole Life will remain an affordable and competitive express policy that allows clients to lock in low premiums and future insurability throughout the lifetime of their child or grandchild. Transition Rules The new Children’s Whole Life pricing will go into effect April 1, 2021 in all states. Applications signed prior to April 1, 2021 will receive the old pricing, regardless of the policy effective date. Applications signed on or after April 1, 2021 will receive the new
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Simplified Issue Life: Weekly Time Service Update

From the Desk of Marty Johnson First, and foremost, Mutual of Omaha would like to thank you for your business. We are very appreciative of the amount of business we have received, and continue to receive, due to your commitment and partnership. Due to unprecedented volumes of new business, our Simplified Issue Life Underwriting team is experiencing delays in time service. However, we remain committed to providing you the quality service you have come to expect. To accommodate this, we are increasing our staff and working overtime on nights and weekends to ensure your business is handled properly, and as
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

“Mutual of Omaha’s Wild Kingdom” is Back!

For decades, families gathered around the TV on Sunday nights to travel to the remote corners of the world with Marlin Perkins to explore the animal kingdom. For many of those original viewers, “Mutual of Omaha’s Wild Kingdom” brings back memories of family, learning, animals and conservation. But you don’t need to be nostalgic about those Sunday nights anymore, because we’re back! That’s right – starting on April 4, classic episodes of Wild Kingdom will be airing on RFD-TV in our original time slot of 8 p.m. EST/7 p.m. CST. You’ll be able to watch more than 300 of our
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Categories: Industry News and Mutual of Omaha (& Affiliates).

Holiday Telephone Solicitation Bans for the Month of April 2021

Please be aware of the following US holiday telephone solicitation bans for the month of April: On Friday, April 2, 2021: Louisiana and Pennsylvania prohibit unsolicited marketing calls to residents in observance of Good Friday On Sunday, April 4, 2021: Louisiana prohibits unsolicited marketing calls to residents in observance of Easter; however, state law already prohibits telephone solicitations on Sundays On Monday, April 26, 2021: Alabama and Mississippi prohibit unsolicited marketing calls to residents in observance of Confederate Memorial Day   #goldencareagent #mutualofomaha
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Categories: Industry News and Mutual of Omaha (& Affiliates).

Join us in April at ILTCI 2021

Mutual of Omaha is a Diamond Sponsor for ILTCI 2021 This year, ILTCI will be held virtually over the course of three weeks in April. During this time, there will be 48 different breakout sessions covering a variety of topics. The cost of attending is free! Conference Kickoff Tuesday, April 13th, 10am — 10:50 AM CT   Breakout Session Dates Week 1 Week 2 Week 3 Tuesday April 13th, 11am-3pm CT April 20th, 11am-3pm CT April 27th, 11am-3pm CT Thursday April 15th, 11am-3pm CT April 22nd, 11am-3pm CT April 29th, 11am-3pm CT   Register for sessions now.   Join us
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Rate Adjustments Effective June 1, 2021

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 June 1, 2021: Block of Business Impacted States LTC06UI Idaho and Massachusetts LTC04I Massachusetts   For a complete rate history, see the state approval grid on Sales Professional Access. Policyholder Notification
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Express Time Service Update

From the Desk of Marty Johnson Recently I informed you we were experiencing processing delays for Simplified Issue business. At this time, we continue to receive unprecedented volumes of new business, which is leading to extended service levels. I want to reiterate; we remain committed to providing the quality service you have come to expect. We are addressing this issue by increasing our staff, and reallocating internal resources where applicable to assist. Additionally, our underwriting team continues to work extra time on nights and weekends to ensure your business is handled as quickly as possible. We continue to focus on
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

The Hidden Costs of Waiting

We all know there are risks that come with waiting to purchase a life insurance policy: What happens if the client unexpectedly dies and doesn’t have the death benefit? What if the client is diagnosed with an illness that no longer allows him to be insurable? But with an accumulation-focused life insurance policy, there’s an additional consequence your clients may not be aware of. Waiting can also impact the amount of income your client can take from his or her policy down the road. Even waiting just a few years could change the income potential by thousands of dollars a
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).