United of Omaha’s Life Protection Advantage IUL offers what others can’t!

Inside United of Omaha’s Life Protection Advantage IUL

Watermark has had great success recently utilizing United of Omaha’s Life Protection Advantage IUL, which offers several features that some competitors don’t or can’t. The product is competitive at most age groups and provides the flexibility of cash accumulation and a death benefit guarantee up to age 90.

• A permanent plan of insurance with a guaranteed death benefit to age 90 and the potential to last until age 120

• Potential to accumulate significant cash value based upon non-guaranteed performance of a market index

• Policy includes:

  • An accelerated death benefit for chronic illness

  • A guaranteed refund option (AKA Return of Premium)

    • If the policy is surrendered at the end of the 15th year, the policy owner will receive up to 50 percent of the premiums paid

    • If the policy is surrendered at the end of the 20th-through-25th year, the policy owner will receive 100 percent of the premiums paid

CASE STUDIES

• One of our reps had a 55-year old female unable to qualify for long-term care who was approved standard non-smoker with a policy that contained a chronic illness rider.

• Another rep had a business owner with a 45-year old employee who was a key person to his business; the employee earns $100,000 and has an expected retirement age of 65. The employer purchased a $1 million key person policy on the employee. Upon the employee’s retirement at age 65, the owner will surrender the policy and the business gets 100 percent of the premiums paid back.

Reach out to your Watermark Life rep if you are interested in learning more!