Effective January 1, 2020, we will be making changes to our life product portfolio, including discontinuing our Guaranteed Universal Life product, repricing our Level and Graded Living Promise Whole Life final expense products, repricing our Term Life Express Non-ROP product and discontinuing our Term Life Express 20-Year ROP product. Below is a summary of the transition rules. More information on these product changes and transition rules can be found in our 2020 Life Product Changes Frequently Asked Questions document. GUL and TLE 20-Year ROP policies: You will still be able to submit applications for GUL and TLE 20-year ROP
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Learn the Basics: Living Promise
If you are a new agent or would just like to learn more about Living Promise (Final Expense) Whole Life Insurance, we’ve made it simple for you. We created this quick, informative video to teach you about the product features and some of the selling points of Living Promise. Or to view in a separate window, click here. If you have any questions, please contact your Mutual of Omaha’s Sales Support at (800) 693-6083 or email sales.support@mutualofomaha.com. Learn the Basics: Living Promise #goldencareagent #mutualofomaha
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Reminder! Product portfolio changes and 2017 CSO updates
2017 CSO Updates: Important dates and transition timelines Beginning January 1, 2020, any new life products issued must use the 2017 Commissioners Standard Ordinary (CSO) Table. In an effort to streamline our product offerings and launch new, innovative life insurance products, there will be some changes to our product lineup through the end of the year (2019). Below is a summary of current products and corresponding replacements and retirements. Products that are already 2017 CSO/PBR (Principal-Based Reserving) compliant are excluded from this list. Indexed Universal Life (IUL) Current product Replacement product (2017 CSO/PBR compliant) Orion IUL Eclipse Accumulator IUL (coming
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Changes to life product portfolio: 2017 CSO updates
Important dates and transition timelines Beginning January 1, 2020, any new life products issued must use the 2017 Commissioners Standard Ordinary (CSO) Table. In an effort to streamline our product offerings and launch new, innovative life insurance products, there will be some changes to our product lineup through the end of the year (2019). Below is a summary of current products and corresponding replacements and retirements. Products that are already 2017 CSO/PBR (Principal-Based Reserving) compliant are excluded from this list. Indexed Universal Life (IUL) Current product Replacement product (2017 CSO/PBR compliant) Orion IUL Eclipse Accumulator IUL (coming December 14, 2019)*
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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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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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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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