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Securing Benefits for Key Employees – Product Features

Immediate Annuities

  • If the annuitant dies prior to the annuity commencement date, the net premium is paid to the contract holder.
  • Payment begins as early as 30 days following receipt of the premium and complete participant data.

Deferred Annuities

  • Payment of benefits may be deferred until the participant is ready to begin receiving income payments.
  • Alternate payment options available include (but are not limited to) the following, as permitted and requested by the plan:
    • Preretirement death benefit
    • Lump-sum cash option
    • Return of premium income protection feature
    • Annual cost-of-living adjustments to help fight inflation



© 2008 Mutual of Omaha Insurance Company. All rights reserved.
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Group annuities are issued by United of Omaha Life Insurance Company, which accepts full responsibility for all its contractual obligations under the annuities. No financial liability will be incurred by the parent or affiliate companies for business transacted by United of Omaha Life Insurance Company. For a complete product description, including benefits, exclusions, and limitations, please refer to the specific proposal and contract.

These group annuity products are not available in NY or PR. Premium taxes are based on the premium paid, computed using the current rate in the state in which the annuitant resides. (Form 501-GAQC-96)

United of Omaha is licensed in all states except NY.

For producer use only; not for use with the general public.

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