Affordability Meets High-Quality Coverage in New, Lower-Priced Guaranteed Universal Life Insurance from Mutual of Omaha

Omaha, Neb. – (March 14, 2008) In today’s economy, consumers are tightening their grips on their finances. But tighter budgets don’t mean people should abandon the necessity of protecting their families’ financial futures – high-quality protection just became more affordable as Mutual of Omaha has lowered premiums on its Guaranteed Universal Life Complete (GUL) plan, without sacrificing product features or quality of coverage.

In addition to the reduced premiums, the company’s “Age Last Birthday” feature can help lower premium rates even further. Most insurers have an “Age Nearest Birthday” policy, which rounds up ages to the next highest age if the insured is within six months of his or her next birthday (which results in higher rates). Mutual of Omaha’s “Age Last Birthday” feature is always based on current age so clients within six months of their next birthday pay less than they would with “Age Nearest Birthday.”

Mutual of Omaha’s GUL coverage still offers flexible guarantee periods from as little as 20 years to as much as a lifetime. Consumers simply select the face value, the term of guaranteed coverage and the length of time they wish to pay premiums.

Several popular features also are available at no additional cost, including accelerated death benefits for terminal and chronic illness and waiver of surrender charges for partial withdrawal. For more information on Mutual of Omaha’s GUL coverage, please visit the Guaranteed Universal Life Web Page.

Mutual of Omaha is a full-service, multi-line provider of insurance and financial services products for individuals, businesses and groups throughout the United States. Founded in 1909, Mutual of Omaha and its affiliate companies manage assets in excess of $18 billion and are ranked among the Fortune 500.