Critical Advantage Rate Decrease for Existing Policyholders

We announced earlier this year the Critical Advantage rate decrease of 20% for new customers. Now the rate decrease will be in effect for current policyholders starting on February 1, 2019.

The current customers receiving the rate decrease will not have to do anything to get the new rates. Their premiums will be at the new 20% rate cut automatically starting on 02/01/2019.

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.

The rate cut for current policyholders will be in effect in the states below on February 1, 2019:
AL, AR, CT, HI, IA, KS, KY, MD, MI, NE, NH, NJ, ND, OK, PA, SD, TN, TX, 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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>   Related: More States Approved for the Critical Advantage Rate Decrease
Don’t Forget, Critical Advantage has Cut Rates!
Critical Advantage Rate Decrease