Reminder: Living Promise Application Update

There is a new application form for our Living Promise Whole Life product. The new paper application form number is ICC23L681A and is currently available in Forms and Materials, or through your normal ordering channels. The new application form is now required to be used for all applications. If an old form is received, you will be asked to resubmit using the new application. Here’s a list of state-specific form numbers: California (T209LCA23A) Florida (T210LFL23A) Kansas (ICC23L687A) Maine (ICC23L682A) Minnesota (T212LMN23A) Montana (T213LMT23A) North Carolina (T214LNC23A) North Dakota (T208LNA23A) Oklahoma (T215LOK23A) South Carolina (T208LNA23A) South Dakota (T208LNA23A) Virginia (ICC23L682A) Vermont
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

California Approves Living Promise Underwriting Enhancement

The state of California has approved a new underwriting enhancement for our Living Promise whole life insurance product. Effective December 6th, 2023, the following improvement have been implemented: We’ve lowered the age for diabetes for the Graded Benefit Plan to 45. For Transition Rules regarding applications: Electronic and paper applications using the old form must be signed no later than December 20th, and received at the home office by December 31st to be accepted. Electronic and paper applications signed on or after January 1st, 2024, must use the new application form If you have any questions, please contact Mutual of
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).