Effective December 1, Mutual of Omaha is knocking down our Term Life Answers rates AND our monthly modal factor — saving your clients money on their monthly premium payments. our new pricing really knocks everyone else down.
Here’s where you can score big:
- 10-year Term, Preferred Plus and Preferred, Non-tobacco
- Ages 45-60
- Face Amounts of $250,000, $500,000 and $1,000,000
- Male and Female
Plus, Term Life Answers still offers some of the most competitive features in the industry:
- Top Accelerated Death Benefit for Terminal Illness rider features up to $1,000,000
- No-cost Waiver of Premium for Unemployment rider
- Leading conversion opportunities prior to age 75
- Competitive Fit underwriting credits to keep your clients at Standard up to age 75
- Age-Last-Birthday rates
Rules of the Game:
- The lower rates and monthly modal factor go into effect December 1, 2018 in all states, except Oregon
- Our new monthly modal factor of .086 will lower your clients’ monthly premium payments
Transition Rules:
- Applications signed December 1, 2018 and later will get the new rates
- Any pending applications in-house with an application signed prior to December 1, 2018 with the Agent/Broker wishing to have the new rates will need to contact the Underwriting department