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Come clients receiving 20% year over rate increase going from 65-66 years old. Needless to say, folks are not happy. Be careful with these guys. I'm in deep with over 1,000 policies of theirs on the books in various states.
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Early on I almost bought into the MOO siren song. As a "Boomer" I grew up watching the Mutual of Omaha Wild Kingdom. Figured most of my generation did the same.
I have clients with United World, United of Omaha, Omaha Insurance Company.
We now have the "Mother" in Georgia . . . Mutual of Omaha
Haven't written anything with them in years. Don't have that many clients total. I figure it has cost me $$$ not to jump on the bandwagon and beat the drum. But my clients are happy for the most part. Their rates have been relatively stable (except those with the Omaha carriers and a few others like Equitable).
I have tried to spread business around and so far it has worked.
It is increasingly difficult to roll clients from year to year. I tell them I can probably save them more by changing their PDP vs changing Medigap. Something that can't be done when their health changes.
But some of the PDP changes have resulted in savings of $50/month and even more. A couple of years ago I had two clients that saved over $500/mo by changing drug plans.
Good luck
I am staying away from the newest low price leader plans new to the market. I learned a long time ago that those situations often have the biggest rate increases.
Mutual of Omaha has always been and will always continue to be a snake.
I will put you down as undecided for now
Never know where it comes from...