Z7_MH8C1H40J06L40AMV5ML5T10D7
Z7_MH8C1H40J06L40AMV5ML5T10T4

Viewing content for

Z7_MH8C1H40J06L40AMV5ML5T10T6

Select Your State:

We want to make sure you get the appropriate information on products approved for sale in your state.

Z7_MH8C1H40J8S2E0AUEORBDK3G12

Sorry, this product is not available in your state.

Z7_MH8C1H40J0LE906I7CGOCP34B7

Whole Life with Mutual of Omaha

Our whole life portfolio offers two products: Living Promise Whole Life and Children's Whole Life. These products offer clients simplified underwriting, coverage for final expenses and ability to build cash value.

Z7_MH8C1H40J0LE906I7CGOCP3471

Living Promise® Whole Life

A good fit for:
  • Need coverage that doesn't require a medical exam
  • Have a fixed income or tight budget
  • Need coverage for burial, funeral or to pay off debts

Children's Whole Life

A good fit for:
  • Want to lock in low childhood rates that will never increase
  • Want guaranteed coverage throughout adulthood regardless of future health
  • Can be purchased by grandparents or parents
Z7_MH8C1H40J0LE906I7CGOCP3KS5

Living Promise Product Highlights

No medical exam - coverage based on your answers to a few simple health questions

Premiums never increase

Builds Cash Value

Benefits never decrease

Cannot be canceled for any reason if premiums are paid

Benefits paid directly to a designated beneficiary

Z7_MH8C1H40J0LE906I7CGOCP3K65
Z7_MH8C1H40J0LE906I7CGOCP3KE6

Children’s Whole Life Product Highlights

Guaranteed coverage that lasts for the entire life of the insured

Premiums will never increase

Set policy to be paid to designated beneficiaries

Potential cash value that grows with the child

Z7_MH8C1H40J06L40AMV5ML5T10T5
Error

Error

Something went wrong - Please report this problem to the portal administrator.

Z7_MH8C1H40J06L40AMV5ML5T13M4
 

Living Promise®
Whole Life

Children's
Whole Life

 

Living Promise Whole Life Insurance offers simplified underwriting and level and graded benefit plans for seniors to help cover final and other expenses.

Graded Benefit Plan not available in MT and NC.

Children’s Whole Life is permanent life insurance that parents buy for their child. The child’s future insurability is guaranteed, regardless of health conditions that may occur later

Issue Ages

(Age Last Birthday)

Level Benefit Plan:
45-85

Graded Benefit Plan:
45-80

14 days to 17 years

Face Amounts

Level Benefit Plan:
$2,000 - $50,000

Graded Benefit Plan:
$2,000 - $20,000

$5,000 - $30,000

$5,000 - $50,000

Underwriting Classes

Level Benefit Plan:
Standard Tobacco/Nontobacco

Graded Benefit Plan:
Standard (no tobacco distinction)

Standard

Table Rates

N/A

None

Premium Modes

(Modal Factors)

  • Annual (1.00)
  • Quarterly (.275)
  • Semiannual (.52)
  • Monthly BSP (.089)
  • Annual (1.00)
  • Quarterly (.25)
  • Semiannual (.50)
  • Monthly BSP (.08333)
Policy Fee

Level Benefit Plan:

  • $36 Annual Policy Fee (Commissionable)

Graded Benefit Plan:

  • $12 Annual Policy Fee (Commissionable)

$12 Annual Policy Fee (Commissionable)

Riders

Level Benefit Plan:

  • Accidental Death Benefit Rider
  • Accelerated Death Benefit Rider*

Graded Benefit Plan:

  • None

None

  • Guaranteed Insurability Rider*
  • Death of Policy Owner Waiver of Premium Rider*
Low-Cost Loans

Charge 7.4% in advance

Charge 5.66% in advance

Conversions

N/A

N/A

Death Benefit Guarantees

Policy is guaranteed to age 100 as long as premium is paid

Policy is guaranteed to age 100 as long as premium is paid

Other Product Features
  • Simplified underwriting
  • Small face amounts
  • No death benefit reductions in early years (Level Benefit only)
  • iGo e-AppTM
  • Additional coverage may be purchased in the future without evidence of insurability
  • Limited health questions and no medical exam
  • Rates never increase and benefits never decrease
  • iGo e-AppTM

*included in the policy

Z7_MH8C1H40J06L40AMV5ML5T10T7
Error

Error

Something went wrong - Please report this problem to the portal administrator.

Z7_MH8C1H40J0UO50AM5KNTU92GM5
Z7_MH8C1H40J0LE906I7CGOCP3K16
Z7_MH8C1H40J06L40AMV5ML5T1034
Error

Error

Something went wrong - Please report this problem to the portal administrator.

Z7_MH8C1H40J0UO50AM5KNTU92GE4
Login
Login for More

There's More

Log in to Sales Professional Access to unlock even more detailed information and specialized tools plus your personalized reports.

Not Registered? All you need is your production number and you're ready. Sign up

Z7_MH8C1H40J0UO50AM5KNTU92GE6

Have a sales or marketing question, need technical assistance, or have an idea you want to share? Contact Support

Z7_MH8C1H40J83SC0Q80VG78710V0