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I just receive a phone call from Mutual of Omaha about a new med supp final expense combo plan. Does anyone know anything about this new plan?
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It's nothing more than a combo "sale". Not product. All on one application. And it'll be a tougher FE sale since they have to pass all the medicare supplement questions on the application. The questions on MO's supplements are tougher than most FE applications.
Maybe there's an upside I don't see.
That would be an interesting product. I will call tomorrow and check it out.
It's nothing new. It's not really a "combo". It's still two seperate policy's but written on the same app. You can't add to or take away from a standardized medicare supplement policy. Loyal American has been doing it for a while now.