Mutual of Omaha Covers Every Stage of Life with New Term Life Insurance Plans.OMAHA Omaha, city, United States Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857. , Neb. -- Mutual of Omaha's new Term Life 10, 15, 20, 30 plans not only are designed to provide basic, affordable life insurance protection for every stage of life, but they offer some of the industry's best premium rates. Term periods offered are 10, 15, 20 and 30 years, during which consumers will receive a level death benefit and level premiums. Term 10 and 15 are available in face amounts of $100,000 and above. Term 20 and 30 are available in face amounts of $50,000 and above. Full underwriting applies. Optional riders provide flexibility to tailor the coverage for specific needs: * Accelerated Death Benefit - included at no additional cost in most states, pays 94 percent of the death benefit in a lump sum Lump sum A large one-time payment of money. if life expectancy Life Expectancy 1. The age until which a person is expected to live. 2. The remaining number of years an individual is expected to live, based on IRS issued life expectancy tables. is 12 months or less. * Accidental Death Benefit A provision of a life insurance policy stating that if the insured—the person whose life has been insured—dies in an accident, the beneficiary of the policy—the person to whom its proceeds are payable—will receive twice the face value of the policy. - provides for an additional death benefit amount in the event of accidental death. * Dependent Children - option to purchase a small amount of term life coverage for children (up to age 23). Helps secure insurability later in life as it can be converted to permanent life. * Other Insured - option to purchase coverage for another adult individual. Full underwriting required. * Waiver of Premium Waiver of premium A provision in an insurance policy that allows payment of insurance premiums to be permanently or temporarily stopped in the event the policyholder becomes incapacitated. - allows for the premium to be waived for the duration of the disability. For more information, visit www.mutualofomaha.com. Mutual of Omaha Mutual of Omaha, best known for sponsoring the popular television show Mutual of Omaha's Wild Kingdom, is a Fortune 500 insurance and financial services company headquartered in Omaha, Nebraska. is a full-service, multi-line provider of insurance and financial services products for individuals, businesses and groups throughout the United States. Founded in 1909, Mutual of Omaha and its affiliate companies manage assets in excess of $18 billion and are ranked among the Fortune 500. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion