Critical Advantage Rate Decrease for Existing Policyholders

We announced last month the Critical Advantage rate decrease of 20% for current policyholders for a handful of states. Effective March 1, 2019, the following states can be added to that list:
AZ, DE, GA, ID, IL, LA, ME, MS, MO, NV, NM, VT and WI

Your current customers in these states will not have to do anything to get the new rates. Their premiums will be at the new 20% rate cut automatically starting on 03/01/2019.

Here is what your clients can expect with the lower rates.

Age Current Monthly Rate New Monthly Rates Monthly Savings Yearly Savings
35 $22.81 $18.25 $4.56 $54.72
45 $38.09 $30.48 $7.61 $91.32
55 $59.69 $47.75 $11.94 $143.28
65 $86.69 $69.35 $17.34 $208.08
 

This example is a Cancer policy with a $30,000 benefit amount and lifetime coverage.

To see how our rates match up to a competitor, click here.

The total list of states that have been approved for the rate cut for current policyholders is shown below:
AL, AR, AZ, CT, GA, HI, IA, ID, IL, KS, KY, LA, ME, MD, MI, MS, MO, NE, NH, NJ, ND, NV, NM, OK, PA, SD, TN, TX, VT, WI and WY
 

Please contact Mutual of Omaha if you have any questions: (800) 693-6083 or sales.support@mutualofomaha.com.
 
Critical Advantage Rate Decrease for Existing Policyholders
 
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