Mutual of Omaha: From the Desk of Steve Pike
Mutual of Omaha is committed to helping you continue to meet the income protection needs of your clients during these challenging times. We have good news to share to make it easier to sell disability income insurance. Effective immediately, we are making the following enhancement to new applications for simplified underwriting guidelines:
– Increasing the amount from $3,000 to $6,000 of monthly benefit
Advantages of Simplified Underwriting:
• Ages 18-45, no labs up to and including $6,000
• Age 46+ blood urine, physical data
• No financial requirements up to and including $6,000 monthly benefit, all benefit periods*
*If requesting the self-employed discount, two-year financial documentation will be required.
Underwriting reserves the right to request additional information if situations are more complex.
With the introduction of the higher simplified limits, we are implementing a minimum Elimination Period of 30 days on our Short-Term Disability product. New applications will not be accepted with an Elimination Period less than 30 days. This change does not impact the Accident Only Disability product.
Please know we are here to support you and your business. If you have any questions, please contact your sales director. Mutual of Omaha remains fully committed to the industry, to you and our customers. Thank you for your continued trust.