Athena Survivorship Universal LifeSM IV (ASUL IV) is now available in illustration systems. Applications can be submitted beginning June 17th. ASUL IV has been enhanced, offering flexible designs to help maximize IRR for the estate planning and wealth transfer needs of your clients. ASUL IV is a flexible-premium, joint survivorship universal life policy that provides favorable death benefit protection on a current assumption (non-guaranteed) basis and can build cash value. With election of the newly added feature, the Extended No-Lapse Guarantee rider, the product offers guaranteed no-lapse protection through "life expectancy." Click here for product information and features. |
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Guaranteed Universal Life (GUL) Plus Reprice
Effective June 1, 2013, Mutual of Omaha is repricing GUL Plus premiums
What you should know:
- features an accelerated death benefit for terminal and chronic illness rider built in the policy
- flexible no lapse protection period
- Age Last Birthday advantage
- works well for 1035 exchanges
- qualifies for the Fit underwriting credit program up to $2 million
Transition Rules –
| Date |
Action |
| June 1, 2013 |
– Applications signed BEFORE this date will receive the old rates
– Applications signed ON and AFTER this date will receive the new rates |
| June 15, 2013 |
Applications signed before June 1 MUST be physically received in the Home Office by this date
Click here for more detailed information and transition rules.
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Life Insurance
