INSURANCE AGENTS
United of Omaha
Mutual of Omaha is one of the very few carriers that have a A+ rating with A.M. Best Company and S&P Global.
They have a variety of Simplified Issue Life products available that does not require E&O insurance including Final Expense, Term Life Express, Index Universal Life Express, and a Children's WL.
United of Omaha also has numerous riders for their simple issue products.
For final expense, this company is great for an agent who meets their clients face to face and likes to write a paper application. The telephone interview is optional. During the phone interview, they will give you a decision of approval or not.
This company has very competitive rates for their graded product and will accept more conditions than many carriers.
Living Promise Final Expense:
Level Benefit:
Ages 45-85
Face Amount $2,000-$40,000
i-Go e-Application not available in CA, CT, PR, and VI
i-Go e-app with electronic signatures required.
Riders:
Accelerated Death Benefit for Terminal Illness or Nursing Home Confinement included at no extra cost.
Optional Rider: Accidental Death Benefit
Graded Benefit:
Not Available in AR, CA, MT, NC, WA
Ages 45 to 80
Face Amount $2,000-$20,000
i-Go e-app with electronic signatures required.
Standard-no tobacco distinction
2-Year Graded Plan
Random phone interviews on both products.
Children's WL
Ages 14 days to 17 Years
Face Amount $5,000-$50,000
Standard underwriting
Children and Grandchildren
Policy Guaranteed to Age 100
Additional Coverage Available in future with no evidence of insurability
i-Go e-app with electronic signatures required.
Guaranteed Advantage Accidental Death
Ages 18-70
Face Amount $50,000-$500,000
Guaranteed Issue underwriting
Return of Premium Benefit Rider
Policy renewable to age 80
Term Products:
Term Life Express:
Term Durations 10,15, 20 , and 30 Years
Non-ROP and ROP available
Minimum Amount $25,000
Maximum Amount $300,000
Ages 18 to 60.
Riders:
Living Benefits (Terminal, Chronic, and Critiical Illness)
Accelerated Death Benefit (Terminal Illness)
Residential Damage Waiver of Premium
Waiver of Premium for Unemployment
Common Carrier Death Benefit Provision
Accidental Death Benefit
Dependent Children
Disability Income
Disability Waiver of Premium
Convertible after policy year two
Indexed Universal Life Express
Ages 18-70
Simple Issue
Face Amounts:
$25,000-$300,000 Ages 18 to 50
$25,000-$250,000 Ages 51-60
$25,000-$150,000 Ages 61-65 (tobacco)
$25,000-$150,000 Ages 61-70 (non-tobacco)
Guaranteed Interest Rate: 2% on fixed accounts
Standard Loan and Index Loans
3 Index Credit Strategies
Riders Included in policy:
Lapse Guard
Guaranteed Insurability
Waiver of Surrender Charges for Partial Withdrawals
Living Benefit for Terminal, Chronic, and Critical Illness
Other Riders:
Accidental Death Benefit
Disability Continuation of Planned Premium
Disability Waiver of Policy Charges
Dependent Children