Mutual of Omaha’s Medicare Supplement Dec-18 For Producer Use Only
Our Company Founded in 1909 A Mutual company owned by our policyholders A full-service, multi-line provider of insurance and financial services products Strong Brand Recognition Dec-18 For Producer Use Only
Financial Strength In 2009, Mutual of Omaha entered their 100th year in the business $2.1 Billion in surplus Bond Portfolio rated 94% $1.5 Billion in cash flow Dec-18 For Producer Use Only
Strong Brand Community Connection Sponsorships USA Swimming Golf Mutual of Omaha’s Wild Kingdom Dec-18 For Producer Use Only
Product Highlights Products available are: Health Annuities Medicare Supplement Disability Critical Illness Annuities Life Insurance Long-Term Care Dec-18 For Producer Use Only
Why Us for Medicare Supplement? In Medicare supplement business since 1966 Largest producer sold company Competitive premiums Product offered in all states with exception of Massachusetts Dec-18 For Producer Use Only
Our Products Most states attained age rated Plans offered A, F & G. Some will have additional plans B, C,D,&M Rate guaranteed at time of application and for 12 months following the effective date of the policy Vision Discount benefit (some states excluded) No certificate or policy fee Dec-18 For Producer Use Only
United of Omaha -Premium Features 7% household discount (Excludes or varies in MO and CT)* Standard/Class I/Class II ratings** (not applicable during Open Enrollment/Guarantee Issue periods) Male rates more competitive Area ratings improved to provide more competitive premiums in TN, TX and MI Recently expanded into NE, SD, ME, NJ and CA *12% discount in MO/ No discount in CT **Class rating not applicable in TX and CT Dec-18 For Producer Use Only
Med Supp E-App Ability to take electronically Medicare supplement applications via E-signature and Voice Authorization (IVR). Training available – New App ready for use 08/17/2011 New Tool coming July 15th – ability to sign on through SPA – Automated Underwriting Rules On-time app changes, rate updates Will Not allow Incomplete apps to be submitted Prevents submission of dup apps Data entry will be real time Non underwritten apps can be issued within 5 minutes. Dec-18 For Producer Use Only
Our Processes One month premium at time of application via check or ACH withdrawal Online application process (Med Supp Sales Software) Mail App – take application over the phone and mail to client for signature Ability to accept applications via fax Ability to have policies sent directly to client Dec-18 For Producer Use Only
Our Services Policies issued in four days on average with automated underwriting on clean applications Direct contact with underwriters 1- 800-995-9324 Over 90% placement rate Dedicated Sales and Support team Dec-18 For Producer Use Only
Sales Professional Access- SPA (mutualofomaha.com/broker) Detailed information on Products Including Forms & Materials Training Underwriting Guides News Reports Incentives Compliance Do Not Call Fraud and Anti-Money Laundering Training Compliance Manual Dec-18 For Producer Use Only
Our Reporting Available on SPA Status of applications Policy Conservation Policy Schedules for Policies sent directly to client Rerating Adjustments Marketing Credit Info 10-19 apps – ½ credit for each $ of anbp – 20 or more is 1 full credit. Dec-18 For Producer Use Only
Prospecting Pre-approved materials overprinted with your contact information. Can be viewed on SPA. List Vendor-USADATA All lists are pre-scrubbed against FTC and State Attorney General Do Not Call Registries and DMA’s Do Not Mail file Low pricing (under 3.5 cents per name) and low minimums ($50) Check out mutualidn.usadata.com or call 800-540-0703 Dec-18 For Producer Use Only
Marketing Items Point of Sale Brochure Eye Med Vision Discount Program USA DATA List Vendor Prospecting Pieces Dec-18 For Producer Use Only
Compensation Questions call: 1-800-475-4465 Paid weekly EFT Available $150 min for a check to be mailed $25 min for EFT Dec-18 For Producer Use Only
More Questions A dedicated Sales and Support Unit at Mutual of Omaha Call: 1-800-693-6083 Dec-18 For Producer Use Only