Critical Advantage Rate Decrease for Existing Policyholders – AK, IN, MA

More states have approved the Critical Advantage rate decrease of 20% for current policyholders. Effective July 1, 2019, the following states will have the new lower rates: Arkansas, Indiana and Massachusetts.

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 07/01/2019.

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.

Be sure to update your mobile quote app to ensure you are getting the lower rates. The total list of states that have approved the rate cut for current policyholder is shown below:
AL, AK, AR, AZ, CT, DE, DC, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, ME, MD, MI, MN, MS, MO, NC, NE, NH, NJ, ND, NV, NM, OH, OK, PA, RI, SC, SD, TN, TX, VA, VT, WI, WV 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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