Please be aware of the following holiday telephone solicitation ban for the month of September. On Monday, September 2, 2019: Alabama, Louisiana, Mississippi, Rhode Island and Utah prohibit unsolicited marketing calls to residents in observance of Labor Day Holiday Telephone Solicitation Ban for the Month of September 2019 #goldencareagent #mutualofomaha
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October 1st Updates for 2017 CSO Table Changes
On October 1, 2019, United of Omaha will be modifying our GUL and GUL Express products due to the implementation of the 2017 Commissioners Standard Ordinary (CSO) Tables. Product Impacts Guaranteed Universal Life (GUL) The product will be updated with the new CSO tables, resulting in a mix of increases and decreases in premiums. The Disability Continuation of Planned Premium Rider will be introduced on GUL in California at the same time. Guaranteed Universal Life Express (GUL Express) The product will be updated with the new CSO tables, which has resulted in decreases in the lifetime guarantee premiums. We will
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Mandatory Phone Health Interview Removed on TLE and GULE
Want another reason to sell TLE and GULE? We no longer require a mandatory phone health interview (PHI) on our Term Life Express and Guaranteed Universal Life Express products for face amounts between $250,001-$300,000. A mandatory PHI will not be required, at any face amount applied for, effective August 1, 2019. Applications signed prior to August 1, 2019, with a face amount of $250,001-$300,000, will continue to have the mandatory PHI Applications signed August 1, 2019 and later, will no longer require a mandatory PHI to be completed Now the application process can go even faster and your clients only
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It’s Almost Life Insurance Awareness Month
It’s almost time for those of us in the industry to celebrate what we do every day—help clients protect their family home, their savings, their way of life and their plans for the future. It’s also a great time for your agents to start a conversation about the value of life insurance-whether they’re meeting with a new prospect or conducting an annual review with an existing client. Life insurance and retirement planning Any discussion about life insurance should include its role in retirement planning. Our Map Your Course materials can help. This suite of materials helps your agents talk with
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Strong IUL Products from a Company with a Strong Reputation
At Mutual of Omaha, we’ve spent more than a century earning our reputation of strength and integrity. And while the world looks pretty different than it did in 1909, our reputation endures. You don’t have to take our word for it though. Objective, third-party assessments validate and reinforce Mutual of Omaha’s financial strength. We have consistently earned strong ratings from agencies such as A.M. Best, Standard & Poor’s and Moody’s Investors Service. So, with our IUL products, you can focus on selling a strong, honest product without having to sell the company. We’re a name they know and trust, with
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Living Promise e-App Will Be Unavailable on August 17th
On Saturday, August 17th, the Living Promise (Final Expense) iPipeline e-Application system will be temporarily unavailable as we perform routine maintenance. The planned outage will last 11:00 p.m. (CST) Friday, August 16th through 11:00 p.m. (CST) Saturday, August 17th. During this outage: You will not see Living Promise as an available product option when starting a new case Your producer dashboard will not display your Living Promise pending cases Any cases awaiting signatures (whether the HIPAA signature or final signature) will not be able to be signed. If someone attempts to click on a link that was sent via an
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Accelerated Underwriting for TLA
Our Accelerated Underwriting program for Term Life Answers is easy. Submit a Speed eTicket (drop ticket), ExamOne contacts the client — we take care of the rest. The best part? We’ll provide an underwriting decision in 48-72 hours! Click here to find out which of your clients could qualify for Accelerated Underwriting. If you have questions, please contact your Mutual of Omaha Account Executive or Sales Director. Accelerated Underwriting for TLA #goldencareagent #mutualofomaha
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LTC Riders: Understanding the Differences in Design
Our LTC Rider on Income Advantage IUL and Life Protection Advantage IUL follows what is known as a reimbursement rider model. Many other companies use an indemnity model. Knowing the difference is important. Here’s a basic definition: Indemnity — Policyowner can take rider benefits up to the maximum monthly benefit limit regardless of the actual expenses incurred. Reimbursement — Policyowner is reimbursed based on actual expenses incurred by the insured, up to the maximum monthly benefit limit. At first glance based on the definitions alone, an indemnity rider may seem like the obvious choice, that your client has access to
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Updated Product Portfolios and Underwriting Guides
The Life Insurance Underwriting Guidelines and Product Portfolio have been updated and are now available to order. Click below to view/download directly: Underwriting Guidelines Product Portfolio All materials are available to view/download through SPA or can be ordered through your normal channels. If you have questions, please contact your Account Executive or Sales Director. Updated Product Portfolios and Underwriting Guides #goldencareagent #mutualofomaha
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Initial Premium Bank Draft Update
In April, we announced an enhancement to our payment system. On all Life products, your clients’ initial premium payments would draft their bank accounts on the day they requested it instead of a few days after. Currently, there is a production issue affecting the enhancement we installed in April and initial premium bank drafts are being processed one to two business days after the date requested. Our IT team is working on a fix to correct this issue as soon as possible. We will notify you as soon as we repair the issue. If you have any questions, please
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