Help your clients get more out of their term policy using the liberal conversion privileges that come with a Term Life Answers policy. Your clients will have the opportunity to convert into any permanent policy offered by United of Omaha at the time – no questions asked!
The convertibility windows are:
- Anytime before age 75 on a 10-, 15-, or 20- year policy – even if the original term has expired*
- During the first 20 years for a 30 year policy
*In NY, before age 66 or during first five years after policy issue, whichever is later.
Transition Rules have been established and are as follows:
- Applications signed February 1, 2016 and later will get the new rates
- Applications signed before February 1, 2016 will receive the old rates
- Any pending application in-house with an application signed date prior to February 1, 2016 and the Agent/Broker wishes to have the new rates will to contact the underwriting department