Transcript
Hey guys, today we're going to talk about Mutual of Omaha, and a couple of their Life Products. They have a lot of them, but we're going to dive in to 2 of them: their Term Life and their Children's Whole Life product.
Term Life
10, 15, 20, & 30 year terms
No-Cost Riders and Provisons
- Residential Damage Waiver of Premium Rider
- Waives Premium for 6 Months if insured sustains over $25k in damage
- Unemployment Waiver of Premium
- Waives premium for 6 months if unemployed
Other riders available but not included
Rates are tough to beat
Childrens Whole Life
Issue Ages
- 14 Days to 17 years
Face Amounts
- $5,000-$30,000
Policy fee
- $12
Death Benefit Guarantee
- Policy is guaranteed to age 100 as long as premium is paid.
Other Product Features
- Additional coverage may be purchased in the future without evidence of insurability
- Can purchase at age 30, 33, 36, and 39
- Whole Life not Term
- Application is only 2 Pages, with 2 health questions
Example Rate
- 10 Year old male, $15,000 Death Benefit = $93 annually
