At Mutual of Omaha, we know how important it is to provide product solutions that help customers achieve their financial goals. We also know it is imperative that we make prudent business decisions to help ensure we remain profitable so we can be here when it comes time to fulfill the promises we’ve made to our policyholders.
We have made the difficult decision to no longer offer our Guaranteed Universal Life Express (GUL Express) product beginning June 1, 2021.
I want to assure you that we remain committed to the simplified issue marketplace and we will continue to offer product solutions that meet your clients’ financial needs. You can learn more about our robust Express issue life insurance portfolio, including IUL Express, Term Life Express, Living Promise Whole Life, Children’s Whole Life, and Guaranteed ADvantage Accidental Death, by visiting our simplified issue website.
- All GUL Express applications must be signed and received in the home office no later than May 31, 2021. Paper applications received after May 31st (regardless of the application signed date) will be withdrawn.
- In addition, any electronic applications for GUL Express that are not signed and submitted by May 31, 2021, will be withdrawn.
- Underwriting will not make any exceptions to these dates.