Quantcast

AIMS Benefit Solutions Offering Long-Term Care Insurance Featuring CASH-First(TM) from United of Omaha

December 9, 2009

MONTGOMERY, Ala., Dec. 9 /PRNewswire/ — AIMS Benefit Solutions announces the availability of United LTCi Solutions from United of Omaha, a Mutual of Omaha company. This new United of Omaha product portfolio offers a variety of products to suit producer’s sales needs – all of which offer the built-in CASH-First(TM) Advantage feature, a cash benefit that provides cash on the first day of qualified need with no elimination period.

Unlike many long-term care insurance policies that reimburse expenses incurred for specific types of care such as licensed facility care or home care provided by a licensed agency, the CASH-First(TM) benefit can be used for anything, including family travel expenses, lost income for caregivers, housekeeping services or other out-of-pocket costs. Clients choose between traditional reimbursement or CASH-First(TM).

“With 80 percent of care provided at home by informal caregivers, CASH-First(TM) offers freedom and flexibility,” said Randy Mousel, Vice President, Mutual of Omaha. “Additionally, an immediate cash benefit helps ensure the product will remain relevant in the future with the changing health care industry.”

Other plan features include:

  • Guaranteed Upgrade Option – Clients who elect inflation protection less than the traditional 5 percent compound can increase their inflation benefits once each policy year. (Not to exceed 5 percent.)
  • Flex-Pay – Offers flexibility in how the premium is paid. Clients can choose to pay less in early policy years and more later with all premiums paid up by age 85.
  • Modified Guaranteed Issue on Multi-Life Products – The new LTCi Solutions portfolio includes a small group program, which offers discounted premiums for groups as small as three employees. The product offers three underwriting classes, including Modified Guaranteed Issue with just three health questions.

Products are currently approved in 40 states and approval is pending in the others. For more information, producers may visit http://www.ltcinfousa.com/aimsltc or call 1-800-325-9876.

About United/Mutual of Omaha

Mutual of Omaha is a full-service, multi-line organization providing insurance and financial products for individuals, businesses and groups throughout the United States. For a century – through recessions, wars and even a Great Depression – Mutual of Omaha has kept our promises to our customers. Today, despite the challenging economic environment, Mutual of Omaha is strong, stable and secure. For more information about Mutual of Omaha, visit http://www.mutualofomaha.com.

About AIMS Benefit Solutions

AIMS Benefit Solutions primary product is long-term care insurance and has recently expanded its scope to multiple product offerings ranging from traditional worksite products to senior products.

In addition to national marketing, AIMS has been a Marketing Services Administrator for over 20 years. This position in the marketplace has allowed AIMS to better serve agents. The ability to help agents to focus on what they do best and leave the administration to AIMS has helped many agents increase their production. Adding the CASH-First LTCi program from United of Omaha to our turn-key marketing support will help make agents be even more successful.

AIMS Benefit Solutions is located at 101 TechnaCenter Drive, Montgomery, AL. For additional information, please contact AIMS at 800-325-9876 or info@aimsbenefits.com.

This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.

SOURCE AIMS Benefit Solutions


Source: newswire



comments powered by Disqus