Mutual of Omaha Announces New Underwriting Program
FROM MUTUAL OF OMAHA...
With Mutual of Omaha’s Fluidless Underwriting Program, qualifying clients have the opportunity to bypass the initial paramed exam. This checklist will help you determine if your applicant is eligible for the Fluidless Underwriting Program based on the program parameters, qualification and submission requirements.
Program Parameters
Life insurance applicants ages 30-65
U.S. citizens or valid Green Card holders • Applicants who have a complete annual or executive physical in the U.S. or U.S. territory:
Within 18 months for face amounts $2,000,001 - $5,000,000
Within 12 months for face amounts $5,000,001 - $10,000,000
Applications for: Term Life Answers, AccumUL Answers, Income Advantage IUL and Life Protection Advantage IUL. All riders are eligible under this program
Medical conditions that require a flat extra are ineligible
Note that you must clearly indicate on the application cover letter that you are requesting that your applicant be considered for the Fluidless Underwriting Program.
Click for a program checklist to determine if your applicants are eligible.
The underwriter has the discretion to move the application to a fully underwritten process and require a paramed exam with blood and urine. If Part 2 has already been submitted, the underwriter will only order physical measurements and lab testing.