Due to the recent spread of COVID-19, effective immediately, New Mexico is requiring an additional notice if the Long-Term Care Rider is sold with an IUL policy. The attached notice must be included and left with the client. Our Long-Term Care Rider application kits have been updated to include the new notice. If you have any New Mexico Long-Term Care Rider application packets already printed, please also include this notice. This notification impacts New Mexico only, no other states. Current policyholders in New Mexico who have an IUL policy with a Long-Term Care Rider will also be sent this notification.
Read More
Holiday Telephone Solicitation Bans for the Month of April 2020
In addition to the state of New York*, that currently prohibits unsolicited telemarketing sales calls during a State of Emergency, please be aware of the following US holiday telephone solicitation bans for the month of April: On Friday, April 10, 2020: Louisiana and Pennsylvania prohibit unsolicited marketing calls to residents in observance of Good Friday On Sunday, April 12, 2020: Louisiana prohibits unsolicited marketing calls to residents in observance of Easter; however, state law already prohibits telephone solicitations on Sundays On Monday, April 27, 2020: Alabama and Mississippi prohibit unsolicited marketing calls to residents in observance of Confederate Memorial Day
Read More
Mutual of Omaha is Open for Business – Coronavirus Update
As you are likely aware, Mutual of Omaha’s physical location is temporarily closed. We are practicing social distancing and have asked all associates who are able, to work from home. We appreciate your patience and understanding as we take steps to protect the health and safety of our associates and ensure uninterrupted service to our customers. Please know that we are open for business in a remote capacity. Our processes and procedures are functioning and we should not experience an interruption in business for either our customers or business partners. We are able to accept and process insurance applications just
Read More
Updates to Term Life Answers Conversion Language
Effective April 1, 2020, we will be updating the conversion language for our Term Life Answers policies. Conversion Period The conversion period allowed will be as follows: 10-year Term: – For issue ages 18-72: The earlier of 10 years or age 75 – For issue ages 73+: During the first 2 policy years only 15-year Term: – The earlier of 15 years or age 75 20-year Term: – The earlier of 20 years or age 75 30-year Term: – During the first 20 policy years only Conversion Product Beginning April 1, 2020, the language in the Term Life Answers
Read More
Our LTCi e-App is so Convenient You May Never Go Back to Paper
Using the LTC e-App not only ensures everything is completed in its entirety before you hit “submit,” but also helps you keep submitting business without meeting face-to-face. When you start using the e-App, you’ll discover there’s a lot to like. Visual cues indicate your progress and prompt you for missing information. There’s a simple e-signature process. And an auto-save function means your information is never lost. Get started now and download our LTC e-App Quick Start Guide here If you have questions, please contact your Account Executive or Sales Director. Our LTCi e-App is so Convenient You May
Read More
We’re Open for Business – You Can Be Too
Our e-Application and email signature method give you the ability to complete applications for your clients, without having to meet face to face. Below you can find all the information you need to get started with an e-App today. New to using the e-App? Make sure you watch our training videos. They walk you through completing an e-App step by step. Products Available on e-App Term Life Answers and Fully-Underwritten IUL – See the Speed eTicket Flyer for details (For IUL, submit your application as if you were submitting a Term Life Answers drop-ticket application. In the Special Requests section
Read More
Rate Adjustments Effective June 1, 2020
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, 2020: Block of Business Impacted States LTC04I and LTC06UI Massachusetts For a complete rate history, see the state approval grid on Sales Professional Access. Policyholder Notification Process Policyholders
Read More
Instant Decision Training
We now offer Automated Underwriting on Living Promise Whole Life (Final Expense) and Term Life Express e-Applications. This flyer walks you through the simple process of how Automated Underwriting works. Looking for more detailed training? Check out our videos for both email and in-person signature methods. Living Promise In-Person Signature Method Living Promise Email Signature Method Term Life Express In-Person Signature Method Term Life Express Email Signature Method Also, don’t forget to check out all our helpful resources available on mutualofomaha.com/simple. Instant Decision Training #goldencareagent #mutualofomaha #life
Read More
IUL Express in Four Simple Steps
The IUL Express process guide takes you through the step-by-step process to sell IUL Express. This guide walks you through: How to run an IUL Express quote How to complete and submit the application packet Simplified underwriting Delivering the policy Looking for even more training on IUL Express? Check out our producer training video on MutualofOmaha.com/Simple. IUL Express in Four Simple Steps #goldencareagent #mutualofomaha #life
Read More
Introducing Mutual Perks for Mutual of Omaha Policyholders
Everyone loves a good deal. Whether it’s a discount at a favorite store or restaurant, savings on eyeglasses and hearing aids, a reduced rate on a home mortgage or a low-cost gym membership, the Mutual Perks program is designed to help some of your clients keep more money in their pockets. What’s Included in the Mutual Perks Program? Coupons & Discounts – Discounts at local restaurants and retailers, as well as a variety of national online merchants – many of the places where your customers already spend their dollars. Provided via AccessPerks Health & Fitness Programs – Also known as
Read More
