GUARANTEED UNIVERSAL LIFE ... - Mutual of Omaha

GUARANTEED UNIVERSAL LIFEGUARANTEED UNIVERSAL LIFE PLUS SMUnited of Omaha Life Insurance CompanyA Mutual of Omaha CompanyGuaranteed Universal Life and Guaranteed Universal Life Plus SM insurance from United of Omaha Life Insurance Companyare fully underwritten products. Both products allow consumers to customize the length of the guarantee and premiumstructure. Guaranteed Universal Life provides competitive level premiums to guarantee coverage for a specified number ofyears, up to lifetime and provides competitive dial down guarantees. Guaranteed Universal Life Plus has the ability to dialdown and is ideal for dump ins, short pay premiums, single premiums and 1035 exchanges. In addition, the AcceleratedDeath Benefit for Terminal and Chronic Illness Riders and the Waiver of Surrender Charges for Partial Withdrawals Ridersare included in both polices.This chart provides an overview of the Guaranteed Universal Life and Guaranteed Universal Life Plus products. Certainbenefits and features may not be available in all states. Product exclusions and limitations may vary by state.Guaranteed Universal LifeGuaranteed Universal LifePlusUnderwriting Full underwriting Full underwritingFace AmountIssue Ages (Age LastBirthday)Underwriting Class$50,000 – $99,999 (Ages 66-85 StandardNontobacco and Standard Tobacco risks only)$100,000+ (Ages 18-80 all risk classes)(Ages 81-85 Standard Nontobacco andStandard Tobacco risks only)(First year premium over $2,000,000 requireshome office approval)• Preferred Plus Nontobacco• Preferred Nontobacco – Tobacco• Standard Plus Nontobacco• Standard Nontobacco – TobaccoTables 1(A) to 16(P)25% table rate-up$50,000 – $99,999 (Ages 66-85 StandardNontobacco and Standard Tobacco risks only)$100,000+ (Ages 18-80 all risk classes)(Ages 81-85 Standard Nontobacco andStandard Tobacco risks only)(First year premium over $2,000,000 requireshome office approval)• Preferred Plus Nontobacco• Preferred Nontobacco – Tobacco• Standard Plus Nontobacco• Standard Nontobacco – TobaccoTables 1(A) to 16(P)25% table rate-upNo-Lapse Protection • Maximum guarantee to age 120• Dial-A-Guarantee – Guaranteed coverage canbe a maximum of lifetime coverage to age120 or a minimum of age 80 (20 years forages 61 and above)• Catch up abilityPolicy Riders(Included in the Policy)Cost Policy Riders• Guaranteed Refund Option• Accelerated Death Benefit forTerminal and Chronic Illness Rider• Waiver of Surrender Charges for PartialWithdrawals Rider• Disability Waiver of Policy Charges Rider• Disability Continuation of PlannedPremium Rider• Accidental Death Benefit Rider• Dependent Children’s Rider• Guaranteed Insurability Rider• Maximum guarantee to age 120• Dial-A-Guarantee – Guaranteed coveragecan be a maximum of lifetime coverage toage 120 or a minimum of age 90 (20 yearsfor ages 71 and above)• Short pay or dump in• Catch up ability• Guaranteed Refund Option• Accelerated Death Benefit forTerminal and Chronic Illness Rider• Waiver of Surrender Charges for PartialWithdrawals Rider• Disability Waiver of Policy Charges Rider• Disability Continuation of PlannedPremium Rider• Accidental Death Benefit Rider• Dependent Children’s Rider• Guaranteed Insurability Rider(Continued on back)Life insurance underwritten by United of Omaha Life Insurance Company, Mutual of Omaha Plaza, Omaha, NE 68175.United of Omaha is licensed nationwide except in New York.L8415_0914For Producer use only. Not for use with the general public.

(Continued from front)Minimum GuaranteedInterest RateGuaranteed Universal Life2.0 2.0Guaranteed Universal LifePlusInterest Rate Bonus None Beginning in policy year 10 and after, a.50 percent interest rate bonus will be givenif the current interest rate is higher than theguaranteed interest ratePremium ChargePartial WithdrawalsLoans(Minimum loan amount$100 may not apply in allstates)A 10 percent premium charge for all years foreach premium payment• After the 1st policy anniversary• In policy years 2-19 (one per year)• $100 handling fee• Surrender changes applyYears 2+:• Charge 4.76 percent in advance• Credit 2 percentMaturity Age 120 120Surrender Charges 19 Years 14 YearsA 15 percent premium charge for all years foreach premium payment• After the 1st policy anniversary• In policy years 2-14 (one per year)• $75 handling fee• Surrender changes applyYears 2-9: Years 10+:• Charge 4.76 percent • Charge 2.44 percentin advancein advance• Credit 2 percent • Credit 2.50 percent(includes .50 percentinterest rate bonusonly if the currentrate is higher thanthe guaranteedinterest rate