Mutual of Omaha | MARCH 2023
Don’t miss out! These rate adjustments will give your clients another reason to purchase LTC. See adjustments.
Don’t miss out! These rate adjustments will give your clients another reason to purchase LTC. See adjustments.
Effective now, new money rates for deferred annuity products are increasing. Learn more.
Effective now, updated interest rate lock policy for fixed annuities. Learn more.
Mutual of Omaha has modified the compensation rates for Term Life Answers (TLA) policies converted to one of our permanent policies:
Transition Rules: TLA term Conversion applications signed on July 23, 2022 and later and/or received by the Home Office on July 30, 2022 or later, will receive the new term conversion compensation detailed above. No exceptions will be made. Read More.
Effective May 2, 2022, we will no longer offer the Critical Illness product in the state of Virginia. The Cancer Insurance and Heart Attack & Stroke Insurance products will still be available. Critical Illness applications in Virginia must be signed by the client on or before May 2, 2022 and received in the home office no later than May 6, 2022. Any applications signed after May 2, 2022 (regardless of date received) or applications received after May 6, 2022 (regardless of signed date) will not be accepted. We will not make any exceptions to these dates.
Return of Premium (ROP) now has Critical Illness and Chronic Illness Riders available in addition to the Terminal Illness Rider. Read more.