Mutual of Omaha’s Enhanced Universal Life Product Provides Guarantees During Economic Uncertainty
Omaha, Neb. – (December 10, 2008) Consumers looking for a safer means to accumulate assets can now turn to Mutual of Omaha’s enhanced universal life insurance product, AccumUL Plus. The product is designed for consumers wanting a conservative wealth accumulation vehicle coupled with a long-term death benefit.
With AccumUL Plus, consumers can save for their children’s educations, supplement their retirement income or build up a tax-free fund for emergencies. Plus, Mutual of Omaha has upgraded the product to provide even more benefits to consumers.
| Enhanced Feature | Benefit to the Consumer |
| Lower minimum face amount of $25,000 (was $50,000) | Clients on a limited budget now can fund part of their total life insurance need with permanent insurance |
| New accelerated death benefit for terminal and critical illness rider | Pays benefits for both chronic AND terminal illness to meet immediate cash needs |
| New guaranteed insurability rider | Allows purchase of additional insurance regardless of changes in health |
| Pro-rate surrender charges are eliminated on partial withdrawals | Makes it easier to withdraw funds when needed |
| Stronger illustrated surrender value performance, especially after age 65 | Provides cash stream for those using accumulated values to supplement retirement income |
| New, longer-term no-lapse protection for target premiums | Clients on limited budget can purchase permanent life insurance and increase premiums as circumstances change |
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 $19 billion.
