As a final reminder, throughout the remainder of 2019, United of Omaha will be modifying the products in our life insurance portfolio as we implement the 2017 Commissioners Standard Ordinary (CSO) Tables. Product Impacts The first phase of product changes will be implemented on August 1, 2019: Income Advantage IUL will be updated with the new tables. Impacts of these modifications include: There will be slight increases and decreases in our premiums, required minimum face amounts and disbursement amounts. Disbursement amounts will be consistently within 2% in either direction from our current disbursements, with very minor changes in our competitive
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Holiday Telephone Solicitation Bans for the Month of August 2019
Please be aware of the following holidays requiring a holiday telephone solicitation ban for the month of August. On Monday, August 12, 2019: Rhode Island prohibits unsolicited marketing calls to residents in observance of Victory Day On Friday, August 30, 2019: Louisiana prohibits unsolicited marketing calls to residents in observance of Huey P. Long Day Holiday Telephone Solicitation Bans for the Month of August 2019 #goldencareagent #mutualofomaha
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Customize Your Own Living Promise Postcard
Living Promise Whole Life Insurance can help ease the financial burden associated with outstanding medical bills, debt and final expenses. It offers your clients affordable premium rates that never increase, no medical exam is required and the policy can’t be canceled as long as premiums are paid and there has been no material misrepresentation. Call Mutual of Omaha’s Sales Support at 1-800-693-6083 to customize our Living Promise rate postcard today! If you have questions, please contact Mutual of Omaha’s Sales Support at 800-693-6083 or email sales.support@mutualofomaha.com. Customize Your Own Living Promise Postcard #goldencareagent #mutualofomaha
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AccumUL Answers is Available in California on August 1st
Effective August 1st, AccumUL Answers is approved for sale in California. AccumUL Answers offers your clients both a permanent death benefit and the potential to accumulate a cash value. This provides flexibility down the road if coverage needs change. You can also customize your client’s coverage with a variety of riders, including the riders below. The Accelerated Death Benefit for Terminal and Chronic Illness Riders. The Chronic Illness Rider provides benefits if the insured is unable to perform two of six Activities of Daily Living for 90 consecutive days or has severe cognitive impairment. The Terminal Illness Rider provides benefits
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Business Planning Strategies Using the Guaranteed Refund Option
Life insurance can be an important planning tool for business owners. If you have business clients that want a Guaranteed Universal Life product, make sure they understand the additional value provided by the Guaranteed Refund Option rider on United of Omaha’s GUL. The GRO rider provides flexible options for business owners who are planning for the future of their company. And, it is available at no additional cost on qualifying policies. Here are three scenarios in which a life insurance policy with a Guaranteed Refund Option rider can benefit your business clients. If you have questions, please contact Mutual
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Fourth of July Office Closing 2019
Mutual of Omaha and its affiliates (United of Omaha and United World) will be closed on Thursday, July 4th and Friday, July 5th for Independence 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 Independence Day, Thursday 7/4/2019 and Friday, 7/5/2019 Monday 7/1/2019 Monday 7/1/2019 Friday 6/28/2019 Friday 6/28/2019 Friday 7/5/2019 Weekly and holiday pay schedules are also available on the Sales Professional Access (SPA) website. If you have
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Holiday Telephone Solicitation Bans for the month of July 2019
Please be aware of the following telephone solicitation bans for the month of July. On Thursday, July 4, 2019: Alabama, Louisiana, Mississippi, Rhode Island, and Utah prohibit unsolicited marketing calls to residents in observance of Independence Day On Wednesday, July 24, 2019: Utah prohibits unsolicited marketing calls to residents in observance of Pioneer Day Holiday Telephone Solicitation Bans for the month of July 2019 #goldencareagent #mutualofomaha
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Help Your Clients Understand Their Planning Options
Over the years, your clients have likely spent time planning for their future. They’ve saved, they’ve taken care of themselves and they’re ready to enjoy the result of all that planning – a comfortable retirement. Have your clients considered what would happen to their plans should they become chronically ill? Costs of care, treatments and medication are expensive. If your client has a life insurance need, they can plan ahead for this retirement risk using a Long-Term Care Rider or a Chronic Illness Rider on their life insurance policy. The following two brochures are client-approved and can be used to
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Term Life Express as Mortgage Protection
A Term Life Express (TLE) policy protects your client and their family, but what if they survive the term period selected? With our return of premium option, they can receive a partial return of the premiums available at the end of their level policy term. These funds can be used to pay off their mortgage, giving them and their family peace of mind. Customize and instantly download our TLE mortgage protection client letter to mail to your leads and clients. You can find it on Sales Professional Access, by contacting Sales Support at 1-800-693-6083, or through your normal ordering channels.
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Have You Taken Advantage of Your TLA Upsell Opportunities?
Oftentimes, clients will select their term coverage level based on their budget, even if they may actually have a need for more coverage. If you have a client who gets approved better than applied for, this is the perfect time to use the Term Life Answers Upsell Program since they can potentially get more coverage and still be within their budget. Agents who are consistently talking to their client about the upsell offer have found great success. Since we started offering the upsell opportunities, we’ve had a 15 percent acceptance rate with the average increase being just over $275,000 per
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