Flexible Payment Form Update

Last month we announced we offer flexible payment date options for your customers on their reoccurring automatic deductions. We have been in the process of updating the application packets for each product with the new form. At this time, all application packets have been updated, except for NY for Children’s Whole Life. See below for additional product information.

Living Promise (Final Expense):

  • Available on e-App and paper application
  • The application packets have been updated with the new payment authorization form. The e-App screens have been updated to allow you to select flexible payment dates.

Children’s Whole Life (CWL):

  • Available for paper applications
  • For all states, except New York, the application packets have been updated with the new payment authorization form.
  • For New York, please use the stand alone payment authorization form for Companion, available on SPA.

Term Life Express (TLE) and Guaranteed Universal Life Express (GULE):

  • Available for paper applications
  • The application packets have been updated with the new payment authorization form.

Term Life Express (TLE), Guaranteed Universal Life Express (GULE), Term Life Answers (TLA), Guaranteed Universal Life (GUL), Income Advantage IUL, Life Protection Advantage IUL, AccumUL Plus, AccumUL Answers):

  • Available for paper applications
  • The applications packets have been updated with the new payment authorization form.

For additional information regarding flexible payment options please read this blog post.

If you have questions, please contact your Mutual of Omaha Sales Director or Account Executive.

Flexible Payment Form Update
 

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Flexible Payment Options are Available for Living Promise e-Apps and Paper Apps
Flexible Payment Options Coming Soon for Paper Applications