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Mutual of Omaha reprices GUL Plus

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.