Families want to protect their home and the life they’ve built for their family. That’s exactly what a Term Life Express product does. But TLE offers more than just affordable coverage. Check out the TLE product guide to learn more. TLE: Simple and Versatile #goldencareagent #mutualofomaha
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You’re in Luck: Issue Ages Increased on IULE and TLE
In case you missed it on March 1, 2023, we increased the maximum issue ages on IUL Express and Term Life Express Non-ROP (10T) products. These enhancements will position our Simplified Issue product options to be available in more sales scenarios and will serve a wider range of clients. Below are some of the key updates you will need to know: IUL Express: Maximum issue ages for both Tobacco and Non-Tobacco ratings will increase to age 75 Currently Non-Tobacco is age 70 and Tobacco is age 65 Maximum face amount for ages 71-75 will remain $150,000 Term Life Express
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Updated Life Underwriting Guidelines
The Life Underwriting Guidelines for Term and Permanent Products has been updated, new for January 1, 2023, and is now available to order. Some changes include: Inspection Reports – page 14 The Fully Underwritten Requirements Chart – pages 16 & 17 Fit Program parameters – page 23 Accelerated UW Program – page 26 Impairments – pages 34, 35 & 38 Remember, all materials are available to view/download through SPA or can be ordered through your normal channels. If you have questions, please contact your Sales Director or Account Executive. Updated Life Underwriting Guidelines #goldencareagent #mutualofomaha
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Give Your Clients Credit using Our Fit Underwriting Program
Our Fit Underwriting Program offers your clients the potential for a better rate class and a lower premium. Here are some examples of what it means to be physically or financially fit. Great family history — no deaths from any disease prior to age 70 Optimal blood pressure control (treated or untreated) with an average of 135/85 or better Preferred or better build, ages 18-60; Standard Plus or better build, ages 61-75 Regular preventative medical care and compliant follow-up for treated impairments (within the past 12 months) Income > $100,000, or net worth > $1,000,000 Preferred or better driving record
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Save Your Clients Money with Fit Credits
Our Fit Underwriting Credit Program can help your clients qualify for up to an additional two table credits from their base rating on both term and permanent products. When your clients get a better rating, they get additional cost savings. What makes the Fit Program unique? It is NOT a table shave program Clients as young as 18 years old can qualify It applies to both permanent AND term policies Take a look at the Fit Guide and be sure to complete the Fit Test with your clients to ensure they receive the best underwriting rating. If you have questions,
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