Mutual of Omaha | Express – September 22nd

Mutual of Omaha | Express – September 22nd

Mutual of Omaha | Express – September 22nd
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Express

A Weekly Update for Mutual of Omaha’s Brokerage Sales Distribution

SEPTEMBER 22, 2021

Medicare Solutions

New Medicare Supplement Plans in Michigan
Effective October 7, 2021, you may begin selling new Medicare supplement plans in Michigan.

Here Today, Gone Tomorrow: AEP is Coming
The Annual Enrollment Period is a great opportunity to grow your business and help your clients find the Med Supp insurance plan that protects them best.

Medicare Supplement Underwriting Rules
An important reminder about CMS requirements for Open Enrollment and Guaranteed Issue Medicare supplement applications.

Upcoming Rate Adjustments
View upcoming rate adjustments for various states.

Life Insurance

There Are Risks to Waiting on Life Insurance
Understand the risks your client may face from waiting to secure their Indexed Universal Life solution.

What Can Life Insurance do for You?
During Life Insurance Awareness Month, make sure your clients are using their Life Insurance policies to the fullest by conducting an annual review.

Updated Occupation Question in e-App
The occupation section has been updated for the IUL Express and TLE iPipeline e-Applications.

Controlled Business FAQ
Controlled business is an industry term that can be confusing at times. Learn the basic definition and how Mutual of Omaha views controlled business.

Long-Term Care

Tax Advantages of LTCi
Help clients understand there are a lot of advantages to owning a traditional long-term care policy, including the potential to save on federal and state income taxes.

LTCi e-Application Training Video
If you still haven’t tried our LTC e-Application, we have a training video to get you started. Chances are you won’t go back to paper.

Disability

Optional Return of Premium Rider
Some of your clients may be reluctant to purchase a policy if they don’t think they’ll use the coverage.

Using Our Quote and e-Application Tools
The quote and e-Application tools for Mutual Income Solutions make it easy to get business issued. Watch the recorded webinar to learn more.

Critical Illness

The Perfect Complement to Existing Coverage
Our Critical Advantage products can enhance your clients’ existing coverage and give them some control when they need it most.

Sales Idea: High Deductible Plans
When faced with a serious illness, your clients may not have access to the funds they need at the most critical times. A policy from the Critical Advantage Portfolio can help.

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

Contact Us

Contact a Pinnacle Financial Service representative today for assistance.

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United Home Life | Opportunities For You!

United Home Life | Opportunities For You!

United Home Life | Opportunities For You!
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Marbella Production Requirement

We understand the challenges you’ve had getting in front of people during these trying times. As a result, we’ve kept the SAME production requirement for Marbella as last year – just $60,000 in net annualized first-year premium for personal producers and $60,000 in net annualized first-year commissions for MGAs! 

For details, please click here to read the incentive trip flyer.

We have a couple of
great opportunities for you

Marbella Production Requirement

We understand the challenges you’ve had getting in front of people during these trying times. As a result, we’ve kept the same production requirement for Marbella as last year – just $60,000 in net annualized first-year premium for personal producers and $60,000 in net annualized first-year commissions for MGAs!

For details, please click here to read the incentive trip flyer.

Birthday Month Contests

During your birthday month, for every app you write*, your name will be entered into a drawing for a $100 Amazon gift card!

The more you write, the more chances you have to win!

*Apps must be written, issued, and paid within your birthday month to count.

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

Contact Us

Contact a Pinnacle Financial Service representative today for assistance.

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AIG | QOL In The Know: September 2021

AIG | QOL In The Know: September 2021

AIG | QOL In The Know: September 2021
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Operations, Legal, and Compliance News

September 16, 2021

Whole Life Conversion product update

Effective September 25, American Elite Whole Life 2 will be updated due to regulatory changes. This product is only used for term conversions and contractual paid-up policy provisions.

Bulletin 21-063

Monthly Guarantee Premium (MGP) provision reminder

MGP “guarantees” help prevent IUL policies from lapsing due to poor index performance during the guarantee period. We’ve provided a reminder on how the guarantee may be affected when a policy lapses.

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Regulatory Compliance requirement regarding IUL illustration date

Please note new illustration requirements for both new cases and term conversions (IUL), and action required when submitting a revised illustration on a pending case (IUL and/or GUL).

Bulletin 21-046

Reminder: Accelerated death benefit claims by foreign nationals

Specifically, if coverage includes an accelerated death benefit rider and a claim is requested from inside or outside the United States, the claim must be certified by a U.S. physician practicing in the state where the physician is licensed.

Bulletin 21-060

Flyer for Professional Athlete coverage updated

An underwriting flyer regarding life insurance coverage for Professional Athletes and Sports Teams/businesses has been updated to clarify criteria for team/business policies.

View the flyer

Policy review reminder email to policy owners

Beginning September 20, policy owners who have signed up to receive email communications will be emailed a simple reminder to review their policies and ensure their information is up to date.

Bulletin 21-066

Important information for insureds in Tennessee

To support customers in Tennessee who may be affected by recent severe weather, temporary suspensions are in effect on lapses, terminations, cancellations, and other time-sensitive provision requirements.

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For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

Contact Us

Contact a Pinnacle Financial Service representative today for assistance.

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AIG | QOL In The Know: September 2021

AIG | Our streamlined underwriting process has a new catchy name!

AIG | Our streamlined underwriting process has a new catchy name!
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Agile Underwriting+
Same process, same options with a new catchy name!

Our Agile Underwriting+ (AU+) is going through a facelift with a new name! Just like before, our AU+ helps you fast-track your cases so clients can enjoy quick access to the coverage they need and look to the future with confidence.

Did you know…

Clients can get Preferred Plus rate class via AU+?
Standard through Preferred Plus classes are available through AU+ (non-tobacco and tobacco). Tables A and B are automatically issued at Standard. Flat extras are not available.

GET THE FACTS

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

Contact Us

Contact a Pinnacle Financial Service representative today for assistance.

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AIG | QOL In The Know: September 2021

AIG | QoL In The Know: July 2021

AIG | QoL In The Know: July 2021
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Operations, Legal and Compliance News

Agile Underwriting+ (AU+): Fast decisions for fast-paced lives

Our non-medical underwriting process is evolving and getting a new name to better meet your needs. Agile Underwriting+ (AU+) uses the same forms and processes now in place, and offers a path to policy approval with no lab work, exam, or APS! Learn more

Over 120 products are now available for self-service enforce illustrations

With the latest WinFlex update, more than 120 enforce products are now available for self-service in-force illustrations. Save time, run multiple scenarios, check-in with clients and make immediate adjustments.

Get details

Important: Opt-in required for LC&C requirement notifications

Email notifications of new and outstanding LC&C requirements are now available for uplines and their agents through Connect. If you wish to receive LC&C requirement notifications, you must opt-in to subscribe.

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New QoL Flex Term rates

Summer is here and we’re coming in HOT with new term rates. QoL Flex Term has been repriced in all states, effective June 28.

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New AAS Supplement Report now available in WinFlex

This new report is designed to show the Chronic Illness benefits available under the Accelerated Access Solution® rider and how payment of these benefits impacts policy values.

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Reminder: Annual Anti-Money Laundering Training

Producers or brokers appointed with one or more AIG member companies are required to complete approved AML training on an annual basis. See our bulletin for more details and approved vendors.

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Download inforce reports on Connext

Connext offers several options for generating and downloading inforce reports, allowing a full view of the inforce block of business at the agent or agency level.

View flyer

QoL Max Accumulator+ II IUL & 7702 updates

Effective July 17, 2021, QoL Max Accumulator+ II IUL will be updated to meet the new 7702 requirements, including new CVAT Corridor Factor and Guideline/7-Pay Premium Test interest rates.

Bulletin 21-048-PG

 

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

Contact Us

Contact a Pinnacle Financial Service representative today for assistance.

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AIG | QOL In The Know: September 2021

AIG | You inherited an IRA… Now what?

AIG | You inherited an IRA… Now what?
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Maximize the options

In January of 2020, The SECURE Act went into effect and was called ‘the most sweeping retirement legislation in a long time.’ In addition to encouraging retirement savings for small businesses, the SECURE Act also made some changes to Individual Retirement Accounts (IRAs) that could have a great impact on inherited IRAs. Did you know that life insurance can help clients protect their inheritance from taxes after it’s distributed from an IRA?

Learn how life insurance could help clients maximize their options as a beneficiary by discussing a unique life insurance idea that could help protect their inheritance in this compelling video.

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

Contact Us

Contact a Pinnacle Financial Service representative today for assistance.

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