Insurance That Provides Peace of Mind
"Not having to worry about money is such a relief. Peace of mind — it's worth everything."
Eileen Correll and her husband, Ralph, lived life to the fullest. They met in 1944. He was a World War II tail gunner and Eileen worked at a factory in Indiana alongside Ralph's sister,
who introduced the pair while Ralph was home on leave. They were married after only a three-day courtship.
Together for more than 60 years, they traveled to exciting places, making cross-country trips on Ralph's motorcycle. When Ralph retired in 1982, they settled into a cozy log cabin in Trego, Wis., and spent their winters in Arizona.
As a union pipe fitter, Ralph had a good pension. Eileen never worried about the finances. Ralph handled everything. When he passed away in October 2004, not only was Eileen grief-stricken, she was confused by the decisions she had to make over his pension. A friend suggested Eileen meet with her daughter, Kim Carroll, a Mutual of Omaha representative. "Kim helped me so much. She looked at all of the papers and explained things so I could understand," Eileen said.
In working with Kim, Eileen realized a Mutual of Omaha Medicare supplement policy was a better value than her previous health coverage. Along with the Medicare supplement plan's prescription drug discount, Eileen has realized more than a 50 percent savings and a lot less hassle thanks to no deductibles and automatic claims processing that works hand-in-hand with Medicare.
Kim also helped Eileen use a portion of the money to fund a single premium immediate annuity with a five-year term. Eileen receives a monthly income for five years with an annual 6 percent increase for inflation. After five years, Eileen plans to sell her home and secure another annuity that will generate an income for the rest of her life. Her annuity income covers living expenses and home maintenance and still leaves enough to enjoy dinners out with friends and to contribute to her church. "I like simple things, but even the simple things cost money," she said. "We worked hard and to have to change my lifestyle now would have been difficult."
With income she can count on, Eileen can relax and enjoy traveling again. "Not having to worry about money is such a relief," she said. "Peace of mind - it's worth everything."