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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Mandatory Phone Health Interview Removed on TLE and GULE
Want another reason to sell TLE and GULE? We no longer require a mandatory phone health interview (PHI) on our Term Life Express and Guaranteed Universal Life Express products for face amounts between $250,001-$300,000. A mandatory PHI will not be required, at any face amount applied for, effective August 1, 2019. Applications signed prior to August 1, 2019, with a face amount of $250,001-$300,000, will continue to have the mandatory PHI Applications signed August 1, 2019 and later, will no longer require a mandatory PHI to be completed Now the application process can go even faster and your clients only
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