United of Omaha: Guaranteed Universal Life Pricing Changes - June 1, 2017

News Image 05-08-2017

Effective June 1, 2017, United of Omaha will be updating the Guaranteed Universal Life (GUL) product pricing for new issue policies. These changes will help ensure the long-term viability of their inforce GUL portfolio and allow them to continue to deliver on the commitments they have made to current policyholders.

If your clients are looking for affordable, guaranteed protection, United of Omaha encourages you to look at Life Protection Advantage IUL. (Available in all states except CA and NY.) This new product provides clients with a guaranteed death benefit to age 85 as long as the long-term no-lapse protection premium is paid.1 For most clients of average health, this guarantee takes them up to - or even beyond - their life expectancy at issue.

Plus, Life Protection Advantage has growth potential, which provides your clients with even more flexibility for the future. Please refer to the flyer to see how Life Protection Advantage compares to a fully guaranteed UL policy.

Transition Rules

GUL applications signed on or after June 1, 2017 will receive the new pricing. To receive the old pricing, GUL applications need to be signed prior to June 1, 2017 and must be received in the Home Office no later than June 30, 2017.

Please contact a BUA life sales consultant with any questions.

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Contact

BUA Life Sales
Phone: 800.792.6795