Final Reminder: October 1st Updates for 2017 CSO Table Changes

As a final reminder, on October 1, 2019, United of Omaha will be modifying our GUL and GUL Express products due to the implementation of the 2017 Commissioners Standard Ordinary (CSO) Tables. Product Impacts Guaranteed Universal Life (GUL) The product will be updated with the new CSO tables, resulting in a mix of increases and decreases in premiums. The Disability Continuation of Planned Premium Rider will be introduced on GUL in California at the same time. Guaranteed Universal Life Express (GUL Express) The product will be updated with the new CSO tables, which has resulted in decreases in the lifetime
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

October 1st Updates for 2017 CSO Table Changes

On October 1, 2019, United of Omaha will be modifying our GUL and GUL Express products due to the implementation of the 2017 Commissioners Standard Ordinary (CSO) Tables. Product Impacts Guaranteed Universal Life (GUL) The product will be updated with the new CSO tables, resulting in a mix of increases and decreases in premiums. The Disability Continuation of Planned Premium Rider will be introduced on GUL in California at the same time. Guaranteed Universal Life Express (GUL Express) The product will be updated with the new CSO tables, which has resulted in decreases in the lifetime guarantee premiums. We will
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Final Reminder: August 1st Updates for 2017 CSO Table Changes

As a final reminder, throughout the remainder of 2019, United of Omaha will be modifying the products in our life insurance portfolio as we implement the 2017 Commissioners Standard Ordinary (CSO) Tables. Product Impacts The first phase of product changes will be implemented on August 1, 2019: Income Advantage IUL will be updated with the new tables. Impacts of these modifications include: There will be slight increases and decreases in our premiums, required minimum face amounts and disbursement amounts. Disbursement amounts will be consistently within 2% in either direction from our current disbursements, with very minor changes in our competitive
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

TLE: Affordable, Versatile, Simple

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. Along with affordable coverage, TLE also offers: Versatility Face amounts from $25,000 — $300,000 Living Benefits – at NO additional cost Chronic Illness Rider Terminal Illness Rider Critical Illness Rider Simplicity Quick Issue Simplified underwriting (no blood and urine tests required) e-App Mobile quoting app Trustworthiness Backed by a legacy brand with outstanding financial ratings For clients who are looking to choose an affordable term product — look at TLE today! TLE: Affordable, Versatile, Simple   #goldencareagent
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Updates to Life Products for 2017 CSO Table Changes

Throughout the remainder of 2019, United of Omaha will be modifying the products in our life insurance portfolio as we implement the 2017 Commissioners Standard Ordinary (CSO) Tables. Product Impacts The first phase of product changes will be implemented on August 1, 2019: Income Advantage IUL will be updated with the new tables. Impacts of these modifications include: There will be slight increases and decreases in our premiums, required minimum face amounts and disbursement amounts. Disbursement amounts will be consistently within 2% in either direction from our current disbursements, with very minor changes in our competitive positioning. Generally, our charges
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).