Product: Instant Decision IUL

Product Type: Simplified Issue Indexed Universal Life

Issue Ages: 18–65

Face Amounts: $50,000–$450,000

Target Market: Permanent life with cash value growth (IUL)

Product Overview

Americo’s Instant Decision IUL is a simplified issue, permanent life insurance product offering indexed cash value growth based on the S&P 500®. It is designed to provide lifelong coverage with potential for premium flexibility and policy loans. All underwriting is instant and completed via Americo's online eApplication system. No paramed exams, lab work, or APSs are required for underwriting.

Issue Ages and Face Amounts

• Issue Ages: 18–65 (age last birthday)

• Minimum Face Amount: $50,000

• Maximum Face Amount (Non-Medical): $450,000

• Risk Classes: Non-nicotine and Nicotine (based on 24-month tobacco/nicotine abstinence)

Plan Design and Crediting

• Indexed Universal Life with 1-year index periods

• Two Indexed Interest Strategies:

  • S&P 500 Point-to-Point with a Cap

  • S&P 500 Point-to-Point with a Participation Rate

• Sweep and declared interest accounts have a guaranteed 2% minimum

• Indexed accounts have a 0% guaranteed minimum annual crediting rate

• Option A (Level) death benefit at issue; Option B (Increasing) available after year 1

• Death benefit options may be changed after policy year 1 (subject to face amount restrictions)

Premiums and Policy Charges

• Premium load: 7%

• Monthly per-policy charge: $5.00 (current), $7.00 (guaranteed)

• Unit-based charges vary by class, gender, and age

• Deductions follow order: Sweep > Declared > Indexed Account (LIFO if multiple indexed)

No-Lapse Guarantee

• 5-year No-Lapse Guarantee if minimum premium is paid

• Can be reinstated by paying missed premiums

• Keeps policy in force even with negative accumulation value (within guarantee limits)

Policy Loans and Partial Surrenders

Standard Loan:

• Interest: 4% (first 10 years), 2% (thereafter)

• Drawn from declared account

Index Loan:

• Interest up to 8%; continues to receive index crediting

• Drawn from indexed account, with default to declared if indexed values are insufficient

Partial Surrenders:

• Not allowed in first policy year

• Minimum: $500

• One per year

• Reduces face amount and subject to partial surrender charges

Underwriting Guidelines

• No exams, labs, or APSs

• Underwriting via eApp with:

  • MIB check

  • Prescription history check

  • Application questions (Sections 4–13 are knockout questions)

• Drill-down required for any “Yes” answers

• Health changes before approval must be reported

Full Build Chart

Prescription Medication Guidelines

• No formal exclusion list provided

• Rx history reviewed in underwriting

• Agents must provide full medical history and exam results

Included Riders (No Additional Cost)

Critical Illness Accelerated Death Benefit Rider (Series 2195):

• ALS, End Stage Renal Failure, Invasive Cancer, Major Organ Failure, Heart Attack, Stroke

Chronic Illness Accelerated Death Benefit Rider (Series 2196):

• Must be unable to perform 2 of 6 ADLs or have cognitive impairment

Terminal Illness Accelerated Death Benefit Rider (Series 2197):

• Life expectancy 12 months or less

All riders are lump-sum only; once exercised, policy and riders terminate

Eligibility: Foreign Nationals and Military

• Must be a legal U.S. resident (Green Card or I-551)

• Not available for temporary visitors or B1/B2 visa holders

• U.S. citizens can travel abroad for up to 4 weeks

• Military sales prohibited on bases; deployment disclosure required

Reinstatement

• Allowed within 3 years of lapse

• Requires proof of insurability and payment of back premiums

• No-lapse guarantee may be reinstated with back premium

Replacements

• External replacements allowed via eApp only

• Internal replacements not allowed

Administrative Notes

• Indexed accounts reset annually

• Surrender charges apply for 14 years

• Partial surrender charge = % of full surrender charge; minimum $50

• Transfers only allowed on sweep dates or at end of index period

This content is based on Americo’s full May 2025 Instant Decision IUL Agent Guide and is intended for use in internal AI Assistant training and Joomla menu integration only.

Product: Instant Decision Term Series

Product Types: Term 125, Term 100, CBO 100, CBO 50, ADB Term, Payment Protector

Issue Ages: Varies by term (20–75 overall range)

Face Amounts: $25,000–$450,000 (non-med)

Target Market: Term life, mortgage protection, return-of-premium, or income payout benefits

Product Overview

The Americo Instant Decision Term Series is a simplified issue term life insurance suite offering a variety of death benefit and cash-back designs. These products are issued with no medical exams required and deliver an instant underwriting decision via electronic application (eApp). Each plan supports specific income replacement goals, mortgage protection strategies, or return-of-premium benefits. Non-medical underwriting is available up to $450,000 across the series.

Issue Ages and Face Amounts

• Minimum Face Amount: $25,000

• Maximum Face Amount (Non-Medical): $450,000

By Product Type and Term Length:

CBO 100 & CBO 50

• Terms: 30, 25, and 20 years

• Issue Ages:

  • 30-Year: 20–55 (Non-nicotine); 20–50 (Nicotine)

  • 25-Year: 20–55 (Non-nicotine); 20–50 (Nicotine)

  • 20-Year: 20–60 (Non-nicotine); 20–52 (Nicotine)

Term 125 & Term 100

• Terms: 30-, 25-, 20-, and 15-year level terms

• Issue Ages:

  • 30-Year: 20–60

  • 25-Year: 20–65

  • 20-Year: 20–70

  • 15-Year: 20–75

ADB Term (Low-Cost Accidental Term)

• Terms: 30 years (ages 20–50); 20 years (ages 51–60)

• Death Benefit: $1,000 all-cause, plus Accidental Death Benefit (ADB): $100k, $150k, $200k, or $250k

Payment Protector & Continuation 10/25

• Term Durations: 30, 25, 20, 15 years, or to Age 70

• Issue Ages (Payment Protector): 20–60 (30 yr); 20–65 (25 yr); 20–70 (20 yr); 20–75 (15 yr); 20–50 (To Age 70)

• Issue Ages (Continuation 10): up to 60 depending on term length

Plan Types & Features

• CBO 100 / CBO 50: Return of 100% or 50% of base premiums paid via Enhanced Surrender Value Rider

• Term 125 / Term 100: Guaranteed level term with optional riders

• ADB Term: Low-cost option with small all-cause benefit and larger ADB

• Payment Protector: Monthly income payout to beneficiaries (lump sum optional)

• Continuation Series: Whole life with reduced benefit (10% or 25%) after initial term

Build Chart

Underwriting Notes

• All products are simplified issue with instant decision via eApp

• No medical exams; may depend on answers to medical and personal history questions

• Risk classification: Standard Nicotine or Standard Non-nicotine (24-month non-use required for Non-nicotine)

• Unisex premium rates

• Build chart used internally (not publicly listed)

Knockout Conditions:

• No specified list provided, but products may decline based on:

  • Personal history questions

  • Health disclosures in application

  • MIB, Rx checks, and motor vehicle history

No height/weight chart publicly available.

Included Riders

• Living Benefit Riders (included at no cost): Critical Illness, Chronic Illness, Terminal Illness (varies by product)

• Enhanced Surrender Value Rider (CBO products only): Returns 50% or 100% of premiums at end of term

Optional Riders

• Accidental Death Benefit (ADB) Rider

• Additional Insured Term Rider (not available on “To Age 70”)

• Children’s Term Rider (up to $15,000/child)

• Disability Income Rider

• Income Term Rider (Term 125 only)

• Involuntary Unemployment Waiver of Premium

• Waiver of Monthly Specified Premium (on UL plans)

• Waiver of Premium Rider (varies by term and product)

ADB Rider Note: Pays 25% of base death benefit upon accidental death; doubles if death occurs as a fare-paying passenger on a common carrier.

Conversion Options

• No guaranteed conversion to permanent products is outlined for core term plans

• Some riders (e.g. Children’s Term Rider) include conversion privileges at age 22 or upon death of base insured

Other Eligibility and Administration

• Available in most states (check Americo state availability chart)

• eApplication available 24/7 with instant decision

• Fully commissionable $90 policy fee

• Modal factors: Monthly EFT (0.095), Annual (1.00)

• Policy issue age is based on age last birthday

• Premium modes: Annual or Monthly EFT

This guide is based on Americo's February 2024 Term Series agent materials and is intended for internal use and Assistant training only.

Category: Agent AI

Tags: Agent Mortgage Protection, Product Matching, Underwriting, AgentAI

Coach Kelly’s Guide: Choosing the Right Mortgage Protection Plan

Purpose: This guide helps Coach Kelly recommend the most appropriate Mortgage Protection product based on age, health, coverage amount, loan structure, and client preferences. Kelly should reference the carrier-specific articles for plan rules, state availability, and underwriting exceptions.

Step 1: Clarify Client Profile

• Age Range — Key brackets: 25–45, 46–60, 61–70, 71+
• Health Concerns — Notable conditions:
  • Insulin-dependent diabetes, especially with complications
  • History of heart attack, stents, stroke, or cancer
  • Smoking or high build (height/weight)
• Coverage Amount — Under $250k? Over $500k?
• Term Length — Match to mortgage years: 15, 20, 30
• Preference:
  • Low cost vs. return of premium (CBO or ROP)
  • Living benefits (chronic/critical illness riders)
  • No exam vs. full underwriting

Step 2: Identify Best-Fit Products

Coach Kelly should use product tags and carrier articles to filter options by eligibility and strengths.

• Young & Healthy (ages 25–50, no issues): Americo CBO 100/50, Mutual of Omaha TLE, SBLI Quility Term
• Moderate Health (smoker, diabetes, mild history): Royal Neighbors Jet Term, Home Protector Term, KCL SI Term
• Impaired Health or GI Needs: United Home Life Term DLX, CICA
• ROP Option Requested: Americo CBO 100/50, Home Protector ROP, SBLI ROP Rider (via Quility)
• High Face Amount ($300k+): Mutual of Omaha TLE, SBLI Term, Americo Term 125

Step 3: Make a Recommendation

“Because your client is 42 years old, healthy, and prefers a 30-year return of premium option, Americo CBO 100 is a strong match. It offers full ROP at term-end, day-one coverage, and includes living benefits. If cost is a concern, SBLI Quility Term with ROP Rider is also worth quoting.”

Step 4: Provide Links to Carrier Articles

Coach Kelly should include a link to the most relevant product article or multiple options for quoting and comparison. If unsure, direct the agent to the quote tool or agent portal to explore options in more detail.

Optional: Handling Health Impairments in Mortgage Protection

When clients have health challenges, Coach Kelly should prioritize products that offer lenient underwriting or guaranteed issue options. Use this table to guide general product matching based on common impairments. If multiple issues are present, Coach Kelly should default to the most restrictive and cross-check carrier articles.

Additional Matching Scenarios

Coach Kelly should use these real-world examples to guide plan recommendations and phrasing. These scenarios reflect common client profiles and can be used to generate confident responses.

• Scenario 1: Healthy 40-Year-Old Homeowner (No Medical Issues)
  Best Fit: Americo CBO 100 or 50, SBLI Level Term, UHL Simple Term 20
  Why: These are affordable, no-exam term plans. Americo offers return of premium; SBLI is cost-effective with living benefits.
• Scenario 2: 60-Year-Old, Smoker, Recently Diagnosed with Type 2 Diabetes
  Best Fit: Americo Term 125 (non-ROP), UHL Simple Term 20-DXL
  Why: These accept smokers and moderate health issues. ROP may not be available due to age.
• Scenario 3: 55-Year-Old Wants ROP + Living Benefits
  Best Fit: Americo CBO 100
  Why: CBO 100 offers full return of premium plus critical illness rider with strong underwriting flexibility.
• Scenario 4: 28-Year-Old, Healthy, Budget-Conscious
  Best Fit: SBLI Level Term or Americo Term 125
  Why: Low-cost monthly premiums, simple application process, and flexibility to convert or upgrade later.
• Scenario 5: 65-Year-Old with Heart History and Limited Budget
  Best Fit: Mutual of Omaha Term Life Express or Transamerica Trendsetter Super (if qualified)
  Why: Mutual of Omaha has easier underwriting up to age 70; Transamerica Trendsetter Super allows for higher risk profiles with full underwriting.

How Coach Kelly Should Respond

Coach Kelly should avoid vague answers and instead reply with confident, field-ready phrasing like this:

“For a healthy 40-year-old client looking for mortgage protection, I’d recommend Americo’s CBO 100 or SBLI Level Term. Both are no-exam term options. The Americo CBO gives them all their money back at the end of the term, while SBLI keeps the premium lower with strong living benefits.”

“If your client is 60 and has type 2 diabetes plus tobacco use, you’ll likely need a more flexible plan. Look at UHL’s Simple Term 20-DXL or Americo Term 125. Both accept moderate risk and offer competitive pricing without requiring an exam.”

“When the client’s main goal is Return of Premium plus some living benefit protection, Americo CBO 100 is hard to beat. Just make sure they’re under age 60 and not rated too high medically.”

“A 65-year-old with a past heart issue might not qualify for simplified issue term with some carriers. In that case, check Mutual of Omaha’s Term Life Express for a no-exam option or Transamerica Trendsetter Super if they’re open to a full underwriting process.”

Coach Kelly should always:

• Lead with the best-fit product (1–2 suggestions max)
• Explain why it fits the client (health, age, budget, goal)
• Offer the full product name (not just carrier name)
• Link to the specific carrier article when needed

Simplified Issue Term Product Comparison

Mortgage Protection: Product Tagging Logic

Purpose: This guide helps Coach Kelly evaluate and recommend Mortgage Protection products using structured tag logic. Tag alignment ensures consistent product matching based on term length, health fit, ROP preference, underwriting style, and coverage amounts.

Term Length Tags

• 10-Year Term — Tag if product offers 10-year term
• 15-Year Term — Tag if product offers 15-year term
• 20-Year Term — Tag if product offers 20-year term
• 30-Year Term — Tag if product offers 30-year term

ROP and Refund Tags

• ROP Term — Tag if product includes Return of Premium (built-in or via rider)
• No ROP — Tag if product has no return of premium option

Face Amount Tags

• Face less than $25k — Tag if product allows face amounts under $25,000
• Face $25k–$300k — Tag for typical mortgage protection ranges
• Face $300k+ — Tag if product supports higher mortgage or income protection amounts

Underwriting Style Tags

• No Exam — Tag if no exam required
• Simplified Issue — Tag if app uses Rx, MIB, height/weight, etc., without fluids
• Phone Interview — Tag if telephone interview is part of the process

Health & Eligibility Tags

• Preferred Health Only — Tag if product is strict (e.g., SBLI/Quility)
• Accepts Moderate Health — Tag for products accepting diabetics, sleep apnea, etc.
• Accepts Poor Health — Tag if product offers modified/graded options or leniency

Use-Case Tags

• Agent Mortgage Protection — Required tag for all MP-usable term products
• Agent Term — Tag all simplified term products
• AgentAI — Required for AI Assistant indexing
• Underwriting — Tag if product has detailed underwriting criteria

Tagging Example

For Americo Instant Decision Term – CBO 100, use:

• Americo
• Agent Mortgage Protection
• Term
• AgentAI
• Underwriting
• 20-Year Term
• 30-Year Term
• ROP
• No Exam
• Simplified Issue
• Accepts Moderate Health
• Face $25k–$300k

Coach Kelly Instructions

When asked to compare term options, match the agent’s client scenario to tagged products. Evaluate term length, ROP preference, face amount, and health fit. Recommend 1–2 products and link to their carrier articles for quoting or app guidance.

Mortgage Protection: Product Tagging Logic

Purpose: This guide helps Coach Kelly evaluate and recommend Mortgage Protection products using structured tag logic. Tag alignment ensures consistent product matching based on term length, health fit, ROP preference, underwriting style, and coverage amounts.

Term Length Tags

• 10-Year Term — Tag if product offers 10-year term
• 15-Year Term — Tag if product offers 15-year term
• 20-Year Term — Tag if product offers 20-year term
• 30-Year Term — Tag if product offers 30-year term

ROP and Refund Tags

• ROP Term — Tag if product includes Return of Premium (built-in or via rider)
• No ROP — Tag if product has no return of premium option

Face Amount Tags

• Face less than $25k — Tag if product allows face amounts under $25,000
• Face $25k–$300k — Tag for typical mortgage protection ranges
• Face $300k+ — Tag if product supports higher mortgage or income protection amounts

Underwriting Style Tags

• No Exam — Tag if no exam required
• Simplified Issue — Tag if app uses Rx, MIB, height/weight, etc., without fluids
• Phone Interview — Tag if telephone interview is part of the process

Health & Eligibility Tags

• Preferred Health Only — Tag if product is strict (e.g., SBLI/Quility)
• Accepts Moderate Health — Tag for products accepting diabetics, sleep apnea, etc.
• Accepts Poor Health — Tag if product offers modified/graded options or leniency

Use-Case Tags

• Agent Mortgage Protection — Required tag for all MP-usable term products
• Agent Term — Tag all simplified term products
• AgentAI — Required for AI Assistant indexing
• Underwriting — Tag if product has detailed underwriting criteria

Tagging Example

For Americo Instant Decision Term – CBO 100, use:

• Americo
• Agent Mortgage Protection
• Agent Term
• AgentAI
• Underwriting
• 20-Year Term
• 30-Year Term
• ROP Term
• No Exam
• Simplified Issue
• Accepts Moderate Health
• Face $25k–$300k

Coach Kelly Instructions

When asked to compare term options, match the agent’s client scenario to tagged products. Evaluate term length, ROP preference, face amount, and health fit. Recommend 1–2 products and link to their carrier articles for quoting or app guidance.

Carrier: Occidental/American Amicable (AmAm)

Product: EZ Term

Product Type: Simplified Issue Level Term Life Insurance

Issue Ages: 18–70 (varies by term duration and face amount)

Face Amounts: $25,000–$500,000 (based on age and product variant)

Available Term Durations: 10, 20, and 30-Year Level Term Periods

Target Market: Clients needing fast, no-exam term coverage with budget-friendly premiums and simplified underwriting — especially younger clients, mortgage protection, or income replacement cases.

Health Tolerance: Moderate — Table 4 max, Rx & MIB check, telephone interview possible

Carrier

Occidental Life Insurance Company of North Carolina (a member of American-Amicable Group)

Product Overview

Easy Term is a simplified issue level term life insurance policy designed to provide affordable, renewable coverage through age 95. The product offers level premium terms of 10, 20, and 30 years, with optional Return of Premium (ROP) benefits available on the 20- and 30-year plans. Premiums are guaranteed to remain level for the selected term period. The product includes several built-in accelerated benefit riders and offers a variety of optional riders for customization.

Issue Ages and Face Amounts

• Plan	Issue Ages (Age Nearest Birthday)
  	Non-Tobacco	Tobacco
  10-Year Level Premium	Ages 18–70	Ages 18–70
  20-Year Level Premium	Ages 18–65	Ages 18–65
  30-Year Level Premium	Ages 18–55	Ages 18–55
  20-Year Return of Premium	Ages 18–60	Ages 18–60
  30-Year Return of Premium	Ages 18–50	Ages 18–50
  Minimum Issue Limit			$25,000 face amount or $15/mo premium (whichever is greater)
  Maximum Face Amount			Ages 18–45: $500,000 Ages 46–70: $300,000
  Premium Bands			Band 1: $25,000–$74,999 Band 2: $75,000–$500,000
  Modal Factors			Monthly: 0.094 Quarterly: 0.273 Semi-Annual: 0.537
  Policy Fee			$60 Annually (fully commissionable)

Available Term Plans

• 10-Year Level Term
• 20-Year Level Term
• 30-Year Level Term
• 20-Year Level Term (ROP available)
• 30-Year Level Term (ROP available)

Underwriting Process and Guidelines

Easy Term uses simplified underwriting, including a Yes/No application, MIB and Rx report, Motor Vehicle Report (MVR), and a build chart. Telephone interviews may be required based on the coverage amount or rider selection. Underwriting may request medical records (APS) at their discretion. The company does not accept applications for applicants over or under the build chart limits, or with conditions flagged as automatic declines in the Medical Impairment Guide. Reapplication is not allowed if an individual has had three prior lapsed, surrendered, or canceled policies from the company.

Build Chart

Medical Impairment Guide

Prescription Medication Reference Guide

Included Riders

• Terminal Illness Accelerated Death Benefit Rider (included)
• Chronic Illness Accelerated Death Benefit Rider (included)
• Confined Care Accelerated Benefit Rider (included)

Optional Riders

• Critical Illness Rider (25%, 50%, or 100% of death benefit, up to $100,000)
• Total Disability Benefit Rider – 2% of face amount, up to $1,500/month
• Accident Only Total Disability Benefit Rider – up to $2,000/month
• Children’s Insurance Agreement – Up to $15,000
• Accidental Death Benefit Rider
• Waiver of Premium – Disability
• Waiver of Premium – Unemployment

Note: The Critical Illness Rider cannot be issued with Waiver of Premium – Disability. DIR and AODIR cannot be issued together.

Conversion Privileges

The policy is convertible without evidence of insurability. The new permanent policy must meet company minimums and may not exceed the face amount of the term policy being converted. Conversion must occur during the term period, prior to the insured reaching the maximum age as set by the carrier at the time of conversion.

Other Eligibility Restrictions

• Third-party payors are not accepted for applicants age 30 or older unless the payor is a spouse, business, or business partner
• Applicants age 18–29 may have a parent as payor, subject to additional underwriting including criminal background checks
• Applicants must have a U.S. address and valid Social Security number
• Applicants with 3 or more lapsed/canceled policies from this company group are not eligible
• Certain replacement restrictions apply in specific states (e.g., KS, KY, CA)
• Beneficiaries must have insurable interest – friends, boyfriends/girlfriends, or funeral homes are not allowed

Application and Processing Notes

• Application Form No. 9466 must be used (state-specific versions apply)
• Applications may be submitted via paper, mobile app, voice signature, or text/email signature
• Telephone interviews may be required for riders like Critical Illness (100%) or based on benefit amounts
• Use Apptical for point-of-sale underwriting decisions: 877-351-1773
• Initial premiums must be collected or authorized using approved draft methods –

Carrier: Occidental/American Amicable (AmAm)

Product: Home Protector Term

Product Types: 15, 20, and 30-Year Simplified Issue Term

Issue Ages: Varies by term and band (18–65 overall)

Face Amounts: $25,000–$500,000 (banded pricing structure)

Target Market: Mortgage protection or income replacement with simplified underwriting; includes built-in living benefits and optional return-of-premium

Carrier

Occidental Life Insurance Company of North Carolina (a member of the American-Amicable Group)

Product Overview

Home Protector is a simplified issue level term life insurance product providing coverage to age 95. It is available in 15, 20, 25, and 30-year level premium options, with Return of Premium (ROP) available on the 20-, 25-, and 30-year terms. Premiums remain level during the selected term and coverage is renewable after the level period ends. This plan is designed to offer fast, simplified underwriting decisions and includes several built-in and optional riders.

Issue Ages and Face Amounts

• 15-Year Term: Ages 20–65
• 20-Year Term: Ages 20–60
• 25-Year Term: Ages 20–55
• 30-Year Term: Ages 20–50
• 20-Year ROP: Ages 20–60
• 25-Year ROP: Ages 20–55
• 30-Year ROP: Ages 20–50
• Minimum Face: $25,000 or $25 monthly premium (excluding riders)
• Maximum Face: $500,000 (ages 20–45), $300,000 (ages 46–65)

Underwriting Guidelines

Home Protector uses simplified issue underwriting. Policies are issued Standard through Table 4. There are no table ratings above Table 4. Eligibility is determined by application responses, MIB, prescription database, and optional telephone interview. Applicants exceeding weight/build chart limits or taking medications with disqualifying flags will be declined. APS (Attending Physician Statements) may be requested. A current mortgage is required for all applicants.

Build Chart

Applicants must fall within the acceptable range in the chart below. Applicants below minimum or above maximum are declined.

Medical Impairment Guide

The impairment guide outlines insurability based on specific medical conditions. Decisions reflect eligibility for the base plan, Disability Riders, AODIR, and Critical Illness Rider. Use the guide to identify automatic declines and conditions requiring special underwriting.

Prescription Medication Guide

This table lists medications that impact eligibility. Plan decisions are based on medication use, diagnosis, and timing. Conditions marked with ‘N/A’ apply regardless of prescription timing. See footnotes for high blood pressure and diabetes-specific considerations.

Included Riders (No Additional Cost)

• Terminal Illness Accelerated Death Benefit Rider
• Confined Care Accelerated Benefit Rider
• Chronic Illness Accelerated Death Benefit Rider

Optional Riders

• Critical Illness Rider (25%, 50%, or 100% up to $100,000)
• Total Disability Benefit Rider (2% of face amount, up to $1,500/mo)
• Accident Only Total Disability Rider (up to $2,000/mo)
• Waiver of Premium – Disability
• Waiver of Premium – Unemployment
• Children’s Insurance Agreement (up to 5 units @ $3,000 each)
• Accidental Death Benefit Rider (up to $200,000)

Conversion Options

Non-ROP: Convertible to permanent coverage anytime before the earlier of: policy expiry, age 75, or 5 years from issue date (if issued after age 75).
ROP: Convertible before the end of the level term period or policy anniversary of age 75. No evidence of insurability required.

Eligibility Requirements

• Must have a current mortgage; domestic partners allowed with shared financial interest
• Applicants must reside in the U.S. and have a valid Social Security number
• Third-party payors (outside spouse, business partner, or parent under age 30) are not allowed
• Mobile application decisions include: approved, interview required, home office referral, or decline
• Uninsurable occupations: Blasters, underground miners, casino workers, professional athletes, disabled, unemployed (except students, stay-at-home spouses), and those with risky avocations

Application Notes

• Form No. 3491 must be used (state-specific)
• Submit via mobile app, AppDrop, or fax
• Initial premium accepted via eCheck or bank draft (no money orders)
• Voice, email, or on-device signature allowed via mobile app
• Point-of-sale decisions delivered instantly when using mobile app

Carrier: Kansas City Life Insurance Company

Product: Signature Term Express (STE) and Signature Term Express ROP (STE ROP)

Product Types: 10-, 15-, 20-, 30-Year Level Term (STE); 20-, 25-, 30-Year ROP (STE ROP)

Issue Ages: STE: 10-Year (18–70), 15-Year (18–65), 20-Year (18–60), 30-Year (18–50); STE ROP: 20-Year (20–55), 25-Year (20–50), 30-Year (20–50)

Face Amounts: Minimum $50,000; Maximum $300,000 (Ages 18–65), $150,000 (Ages 66–70)

Target Market: Mortgage protection, short-term income replacement, return-of-premium term

Product Overview

Signature Term Express is a simplified issue term life insurance product with rapid underwriting and competitive pricing. It is designed for clients seeking efficient mortgage protection and short-term income replacement. Available in 10-, 15-, 20-, and 30-year level term durations, the product also offers Return of Premium (ROP) options in 20-, 25-, and 30-year terms. STE policies provide automatic living benefit riders and several optional riders to enhance flexibility.

Issue Ages and Face Amounts

For STE (non-ROP):

• 10-Year Term: Ages 18–70

• 15-Year Term: Ages 18–65

• 20-Year Term: Ages 18–60

• 30-Year Term: Ages 18–50

For STE ROP:

• 20-Year ROP: Ages 20–55

• 25-Year ROP: Ages 20–50

• 30-Year ROP: Ages 20–50

Minimum Face Amount: $50,000
Maximum Face Amount:

• Ages 18–65: $300,000

• Ages 66–70: $150,000

Available Plan Types

• Signature Term Express (10, 15, 20, 30 year level term)

• Signature Term Express ROP (20, 25, 30 year return-of-premium)

Underwriting Overview

STE is issued on a simplified issue basis. There are no medical exams required, but underwriting utilizes the following tools:

• MIB, MVR, and Risk Score: Used across all applications.

• APS: May be ordered for face amounts $250,001–$300,000 or for older ages.

• Build Chart: Evaluated in underwriting.

• Mandatory MVR:

  • Ages 18–45 (STE)

  • Ages 20–45 (STE ROP)

Diabetes Guidelines:

• Declined if diagnosed before age 50

• Declined for insulin use at any age

• Declined if diabetic with complications

Mortgage Requirement: Applicant must have purchased or refinanced a home in the past 2 years. Application must include mortgage loan amount and financial institution name.

Visa Requirements:

• Acceptable Visas: Permanent Residency, H1B, L1

• Must reside in U.S. for a minimum of 1 year

• Must provide I-94, I-797A, or residency documentation

Prescription Medication Exclusions

Applicants currently taking any of the following medications are not eligible and will be automatically declined. The complete exclusion list includes:

Abacavir, Abilify, Adcirca, Aggrenox, Alkeran, Amiodarone, Ampyra, Antabuse, Anoro Ellipta, Aricept, Arimidex, Atripla, Avonex, Azilect, Baraclude, Betaseron, Breo Ellipta, Buprenorphine (Subutex), Calcium Acetate, Campath, Campral, Caprelsa, Carbidopa/Levodopa, Casodex, Cayston, Cellcept, Chlorpromazine Hcl, Clozapine, Cognex, Combivir, Comtan, Copaxone, Crixivan, Cyclosporine, Cytoxan, Daklinza, Daliresp, Descovy, Digitek, Digoxin, Dobutamine Hcl, Donepezil, Droxia, Eldepryl, Eligard, Eliquis, Eminase, Enbrel, Entresto, Erythropoietin, Epivir Hbv, Ergoloid Mesylates, Exelon, Fanapt, Femara, Flecainide, Fluorouracil, Galantamine Hydrobromide, Gammagard, Gamunex, Gengraf, Genvoya, Geodon, Haldol, Haloperidol, Harvoni, Hepsera, Humira, Hydrea, Hydroxyurea, Infergen, Inspra, Insulin, Invega, Invirase, Isentress, Kaletra, Kalydeco, Keytruda, Lamictal, Lanoxin, Latuda, Leucovorin Calcium, Lexiva, Limbitrol, Lithium, Megestrol Acetate (Megace), Mercaptopurine, Methadone, Methotrexate, Mitomycin, Morphine Sulfate, Mycophenolate Mofetil, Myfortic, Nabi-Hb, Naloxone Hcl, Naltrexone Hcl, Namenda, Neupogen, Nitroglycerin, Odefsey, Olysio, Opdivo, Panretin, Pegasys, Peg-Intron, Perphenazine, Pradaxa, Prograf, Quinidine, Ranexa, Razadyne, Rebif, Retrovir, Revia, Revlimid, Rexulti, Rhythmol, Ribavirin, Rilutek, Risperdal, Rituxan, Sandimmune, Saphris, Seroquel, Serzone, Sinemet, Sotalol, Sovaldi, Spiriva, Stalevo, Stribild, Suboxone, Sustiva, Symbyax, Tamoxifen, Targretin, Temodar, Teslac, Tikosyn, Tolcapone, Truvada, Tudorza, Tysabri, Viracept, Viramune, Viread, Vraylor, Xarelto, Xeljanz, Yervoy, Zenapax, Zemplar, Zerit, Ziagen, Zidovudine, Zoladex, Zyprexa

Individual Consideration Medications: The following drugs may be accepted with explanation provided on the application: Carvedilol, Clopidogrel, Coreg, Coumadin, Enoxaparin Sodium, Lovenox, Prednisone, Plavix, Warfarin

Build Chart

Riders and Living Benefits

Included at No Cost:

• Accelerated Death Benefit (ADB) – Chronic, Critical, and Terminal Illness

• Waiver of Premium for Residential Damage

• Waiver of Premium for Unemployment

Optional Riders:

• ADB – Accidental Death Benefit (Issue Ages 18–60 STE; 20–55 ROP)

• CTI – Children’s Term Insurance (14 days–17 years)

• IAO – Income Assured Option (Installment Death Benefit Option)

• WP – Waiver of Premium (Issue Ages 18–55 STE; 20–55 ROP)

Conversion Options

• Available after Year 2 through earlier of Policy Year 12 or Age 65

• 10-Year Term: convertible only through Year 10 or Age 65 (whichever is sooner)

• Converts to eligible Kansas City Life permanent plans

• No evidence of insurability required

• Conversion not allowed if premiums are currently waived under WP rider

Additional Provisions

• Reinstatement: Allowed within 3 years with proof of insurability and back premiums + 6% interest

• Prepaid Premium Discount: Available on annual premiums only (not allowed with ROP plans)

• STE ROP Features:

  • Tax-free return of base premiums (excludes riders) if policy is outlived

  • Extended term or paid-up insurance available at lapse (nonforfeiture options)

  • Automatic premium loan option available upon request

  • Loans available with 8% annual interest, repayable by cash value

This guide is intended for internal agent use only and is based on Kansas City Life's most recent specifications and agent material.

Mutual of Omaha Simplified Issue Underwriting Guide

Carrier: Mutual of Omaha (United of Omaha Life Insurance Company)

Guide: Simplified Issue Life Insurance Underwriting Guide — Term and Permanent Products

Guide Version: Updated April 2026

Products: Living Promise Whole Life, Term Life Express (TLE), IUL Express (IULE), and Children’s Whole Life where noted

Product Types: Simplified whole life, simplified term life, simplified indexed universal life

Target Market: Final expense, income replacement, business insurance, charitable giving through Living Promise, and permanent coverage through IUL Express or conversion options

Product Name and Carrier
This guide covers simplified issue life insurance products underwritten by United of Omaha Life Insurance Company, including:

• Living Promise Whole Life

• Term Life Express (TLE)

• IUL Express (IULE)

• Children’s Whole Life (included in some application, ownership, and combined coverage rules)

Issue Ages and Face Amounts
Each product has distinct age and coverage guidelines:

• Term Life Express (TLE) and IUL Express (IULE):

  • Ages 18–50: $25,000 to $550,000

  • Ages 51–60: $25,000 to $450,000

  • Ages 61–75: $25,000 to $350,000

• Living Promise Whole Life:

  • Level Benefit: Ages 45–85; $2,000 to $50,000

  • Graded Benefit: Ages 45–80; $2,000 to $20,000

  • Issue ages and face amounts may vary by state.

Available Terms and Plan Types

• Term Life Express: Simplified term life coverage

• IUL Express: Indexed universal life with simplified underwriting

• Living Promise: Whole life coverage with Level Benefit and Graded Benefit plans

• Children’s Whole Life: Separate policies may be issued for multiple children on one application

Underwriting Requirements for Simplified Issue Policies

• Term Life Express / IUL Express:

  • Simplified underwriting

  • Build chart

  • MIB

  • Pharmaceutical check

  • Medical data check

  • MVR mandatory for ages 18–35

  • MVR as needed for ages 36–50

  • Phone interview as needed

• Living Promise:

  • Simplified underwriting

  • Build chart

  • MIB

  • Pharmaceutical check

  • Medical data check

  • MVR as needed

  • Random phone interview

If an individual has a previous offer from United of Omaha Life Insurance Company with a risk class greater than Table 4, or has been declined, that person will not qualify for Express products.

Additional notes: Phone interviews may be recorded and relied upon as part of risk analysis. Medical questionnaires and/or an occasional APS may also be requested at the underwriter’s discretion.

Non-Smoker / Non-Nicotine Qualifications
To qualify for non-nicotine rates, the proposed insured must not have used tobacco or nicotine products in any form within the prior 12 months.

• No tobacco or nicotine products in any form within the prior 12 months

• Marijuana use may be allowable for non-tobacco rates

• Blood pressure treatment allowable

• No hospitalization for high blood pressure in the past 5 years

• No alcohol or drug use, treatment, or convictions in the past 10 years

• No DWI, DUI, or reckless driving convictions in the last 5 years

• No convictions of 4 or more moving violations

• No participation in any hazardous occupation, avocation, sport, or aviation exposure

• Build must fit the simplified issue underwriting build chart

• There must not be any other significant health problems

Occasional cigar use does not qualify for non-tobacco rates on simplified issue products. Final risk determination is made by the home office underwriter. Timeframes may vary by state and are referenced on the application.

Build Chart
The underwriting build chart includes minimum and maximum weight limits by height for TLE, IULE, Living Promise, and the DI Rider. Use the chart below to determine eligibility.

Multiple Impairments for Term Life Express and IUL Express
Multiple impairments resulting in a rating greater than Table 4 will be declined for Express products. Examples include:

• Diabetes over age 45 with Table 2 or higher build — Decline

• Diabetes over age 45 with tobacco or nicotine use — Decline

• Diabetes over age 45 with Peripheral Vascular Disease (PVD) — Decline

• Diabetes with any complications — Decline

• Table 2 or higher build with hypertension — Decline

• Table 2 or higher build with asthma and tobacco or nicotine use — Decline

• Table 2 or higher build with Peripheral Vascular Disease (PVD) — Decline

Note: This is not a complete list. For California and the Virgin Islands, the reference age is 50 instead of 45.

Common Impairments for All Products
The following are examples of impairments that may result in an adjusted benefit or decline. This is a guide and not an all-inclusive list.

• Abnormal/Irregular Heart Rhythm

• Alcohol or drug treatment history

• ALS / Lou Gehrig’s Disease

• Amputation caused by disease

• Asthma (chronic or severe)

• Bipolar disorder, schizophrenia, major depression

• Cardiomyopathy

• Cerebral Palsy

• Chronic Kidney Disease

• Congestive Heart Failure (CHF)

• Crohn’s Disease / Ulcerative Colitis

• Coronary disease including heart attack or heart surgery

• COPD including chronic bronchitis, emphysema, or cystic fibrosis

• Cancer

• Defibrillator

• Diabetes (prior to specified age)

• Diabetes with complications including retinopathy, nephropathy, neuropathy

• Heart disease or surgery

• Hepatitis B or C

• Hodgkin’s Disease

• Liver Disease including cirrhosis

• Leukemia

• Lymphoma

• Melanoma

• Mental incapacity

• Metastatic cancer or recurrent cancer

• Neurological disorders including muscular dystrophy, multiple sclerosis, and Parkinson’s Disease

• Pacemaker

• Pancreatitis (chronic or alcohol related)

• Paralysis

• Organ or bone marrow transplants

• Peripheral Vascular Disease (PVD or PAD)

• Renal insufficiency / failure

• Rheumatoid Arthritis (moderate or severe)

• Scleroderma

• Sickle Cell Anemia

• Stroke or mini stroke (TIA)

• Systemic Lupus

Automated Underwriting
Mutual of Omaha offers Automated Underwriting on the e-Applications for Living Promise, Term Life Express, and IUL Express.

• Possible outcomes: Approved, Referred to Underwriting, or Declined

• Use the same iGO e-App through Sales Professional Access

• Available on desktop, laptop, or mobile device

• Useful contacts:

  • Underwriting Support: 1-800-775-7896

  • iGO e-App Support: 1-800-641-6557

  • Sales Support: 1-800-693-6083

Completing Simplified Issue Applications

General Guidelines

• Select the appropriate state application and forms based on the state where the application will be signed by the policy owner

• Add current medications, reasons for use, and supplemental information in the Optional Comments section

• Kansas residents require the producer to be licensed and appointed in Kansas and in the state where the application is signed

• The Producer Report must be completed and sent with each Term Life Express, IUL Express, and Living Promise application

Term Life Express or IUL Express Applications

• Only one base policy can be applied for per application

• Complete all sections including plan, amount, riders, payment mode, and premium

• Select the product name and amount of insurance applied for

• A signed illustration is required for all IUL Express policies

• IUL Allocation Form is required if applying for IUL Express and not using Easy Solve

• Disability Supplemental Application is required for the Disability Benefits Rider

• Children’s Rider Supplemental Application is required for the Children’s Rider

• Complete the Monthly Bank Withdrawal Form if applicable

• All changes should be initialed by the Applicant/Owner

• Always submit the Producer Statement and provide the client with MIB Group Inc. Pre-Notice, Notice of Information Practices, and Life Insurance Buyer’s Guide

• A signed Accelerated Death Benefit Disclosure Form is required

• Complete the Conditional Receipt Form only if the initial premium was collected

• Have the client sign state replacement forms if applicable

• If a financial institution receives compensation, the Financial Institution Consumer Disclosure must be signed

Living Promise Applications

• Only one base policy can be applied for per application

• Complete all sections including plan, amount, ADB rider if applicable, payment mode, and premium

• If the proposed insured answers “YES” to any Part One underwriting question, that person may not be eligible for coverage under the application

• If the proposed insured answers “YES” to any Part Two underwriting question, that person is eligible only for the Graded Benefit Product

• If all underwriting questions are answered “NO,” the applicant is eligible for the Level Benefit Product

• Complete the Conditional Receipt Form only if the initial premium was collected

• Have the client sign state replacement forms if applicable

• Always submit the Producer Statement and provide the client with MIB Group Inc. Pre-Notice, Notice of Information Practices, and Life Insurance Buyer’s Guide

Children’s Whole Life Applications

• Multiple children, up to 8, can be written on one application

• Each child will be issued a separate policy

• Grandparents can sign the application without a parent’s signature

• No conditional receipt is required

Conditional Receipts

• Kansas uses a Temporary Insurance Agreement (TIA) instead of a conditional receipt

• The conditional receipt does not apply to Children’s Whole Life

• A check or electronic payment authorization for the full initial modal premium must be submitted with the application

• No conditional coverage is provided if a completed conditional receipt is not submitted with the application

• All required medical examinations must be completed within 60 days of the application date

• The applicant must qualify for the exact policy applied for under underwriting rules then in effect

• All statements and answers must be true and complete

• All application parts, supplements, questionnaires, amendments, and any required exams must be completed and received by the home office

• Maximum conditional insurance coverage: $100,000, or $50,000 for Living Promise, and never more than the amount applied for

• If the application is not approved and accepted within 60 days of the effective date of the receipt, conditional coverage ceases and liability is limited to return of premium paid

Financial Underwriting Guidelines

Income Replacement Amounts

• Under age 30: 40x annual earned income

• Ages 30–39: 35x annual earned income

• Ages 40–49: 30x annual earned income

• Ages 50–59: 20x annual earned income

• Ages 60–64: 10x annual earned income

• Ages 65+: 7x annual earned income

Income replacement is generally not considered over age 66 unless the individual is actively at work or a surviving spouse may lose a larger spousal Social Security or pension benefit.

Other Financial Underwriting Notes

• Non-Working Spouse: Usually equal to the amount in force and applied for on the breadwinner; if no active or pending life coverage exists, the maximum allowed is $100,000 total combined in-force coverage

• Business Insurance: Simplified underwriting is available; face amounts over $100,000 usually require additional information and the Employer Owned Form if the business is owner or beneficiary

• Key Person: Generally 5–10x earned income plus bonuses; ownership interest may allow adding the appropriate percentage of company net income

• Buy/Sell: Coverage should generally be proportional to ownership interest, and financial statements or buy/sell agreements may be required

• Charitable Giving: Limited to Living Promise; the foundation or charitable institution cannot be the owner of the policy

Maximum Total Combined Coverage Amounts

• Ages 18–50: $550,000

• Ages 51–60: $450,000

• Ages 61–75: $350,000

• ADB Rider maximum combined limit: Ages 18–25 = $100,000; Ages 26–60 = $250,000

• Child Rider maximum combined limit: $10,000 per child

• Simplified whole life coverage maximum: $50,000

• Maximum combined graded benefit coverages: $25,000

Ownership and Beneficiary Rules

Acceptable owner/beneficiary relationships include:

• Spouse, fiancée, domestic partner

• Parent

• Adult child

• Life insurance trust

• Business or business partner

Acceptable beneficiary-only relationships include:

• Estate

• Siblings

• Grandparents and grandchildren

• Close relatives by marriage, including in-laws and step-relations

• Ex-spouse

Acceptable contingent beneficiary relationships include:

• Other distant relatives such as aunts, uncles, nieces, nephews, and cousins

• Friends

Any other owner/beneficiary relationships will not be approved.

Power of Attorney (POA)
An application signed by someone holding POA is not an acceptable authorization for issue on these life policies.

Prescription Drug Exclusions

Term Life Express or IUL Express
If the proposed insured currently takes any of the following medications, include the reason for use on the application. Additional medications or combinations may be added at the carrier’s discretion.

• Abacavir, Adcirca, Aggrenox, Alkeran, Amiodarone, Ampyra, Anoro Ellipta, Antabuse, Aricept, Arimidex, Atripla, Avonex, Azilect, Baraclude, Betaseron, Calcium Acetate, Campath, Campral, Caprelsa, Carbidopa/Levodopa, Casodex, Cellcept, Chlorpromazine Hcl, Clozapine, Cognex, Combivir, Copaxone, Crixivan, Cyclosporine, Cytoxan, Daliresp, Digitek, Digoxin, Dobutamine Hcl, Donepezil, Droxia, Eligard, Eliquis, Enbrel, Epivir Hbv, Ergoloid Mesylates, Exelon, Femara, Floxuridine, Fluorouracil, Galantamine Hydrobromide, Gammagard, Gamunex, Gengraf, Geodon, Haldol, Haloperidol, Hepsera, Humira, Hydrea, Hydroxyurea, Infergen, Invega, Invirase, Isentress, Kalydeco, Keytruda, Lanoxin, Latuda, Leucovorin Calcium, Lexiva, Lithium, Megestrol Acetate (Megace), Methadone, Methotrexate, Mitomycin, Morphine Sulfate, Mycophenolate Mofetil, Myfortic, Nabi-Hb, Naloxone Hcl, Naltrexone Hcl, Namenda, Neupogen, Opdivo, Panretin, Pegasys, Peg-Intron, Perphenazine, Prograf, Ranexa, Razadyne, Rebif, Retrovir, Revia, Revlimid, Ribavirin, Risperdal, Rituxan, Sandimmune, Saphris, Sinemet, Spiriva, Stalevo, Stribild, Suboxone, Sustiva, Symbyax, Tamoxifen, Targretin, Teslac, Tudorza, Tysabri, Viracept, Viramune, Viread, Xarelto, Xeljanz, Zenapax, Zerit, Ziagen, Zidovudine, Zoladex, Zyprexa

Living Promise Whole Life
The following medications are not eligible for Living Promise coverage. Medications marked with an asterisk may qualify for the graded benefit product.

• Abacavir, Alkeran, Amiodarone*, Ampyra*, Anoro Ellipta*, Antabuse*, Aricept, Atripla, Avonex*, Azilect*, Betaseron*, Calcium Acetate*, Campath, Campral*, Caprelsa, Carbidopa/Levodopa*, Casodex, Cellcept, Chlorpromazine Hcl*, Clozapine*, Cognex, Combivir, Copaxone*, Crixivan, Cyclosporine, Cytoxan, Daliresp*, Donepezil, Droxia, Eligard, Epivir Hbv, Ergoloid Mesylates, Exelon, Floxuridine, Fluorouracil, Galantamine Hydrobromide, Gammagard, Gamunex, Gengraf, Geodon*, Haldol*, Haloperidol*, Hydrea, Hydroxyurea, Invega*, Invirase, Isentress, Keytruda, Latuda*, Leucovorin Calcium, Lexiva, Lithium*, Megace, Megestrol Acetate (Megace), Mitomycin, Mycophenolate Mofetil, Myfortic, Naloxone Hcl*, Naltrexone Hcl*, Namenda, Neupogen, Opdivo, Panretin, Perphenazine*, Prograf, Ranexa*, Razadyne, Rebif*, Retrovir, Revia*, Revlimid, Ribavirin*, Risperdal*, Rituxan, Sandimmune, Saphris*, Sinemet*, Spiriva*, Stalevo*, Stribild, Suboxone*, Sustiva, Symbyax*, Targretin, Teslac, Tudorza*, Viracept, Viramune, Viread, Zenapax, Zerit, Ziagen, Zidovudine, Zoladex, Zyprexa*

Living Promise Additional Information Required
If the proposed insured currently takes any of the following medications, include the reason for use on the application:

• Abilify, Aggrenox, Arimidex, Baraclude, Carvedilol, Clopidogrel, Coreg, Coumadin, Digitek, Digoxin, Eliquis, Enoxaparin Sodium, Femara, Infergen, Lanoxin, Lovenox, Pegasys, Peg-Intron, Plavix, Pradaxa, Seroquel, Tamoxifen, Truvada, Warfarin, Xarelto

Occupations
Some occupations may be declined for life coverage and the DI Rider.

• Law enforcement hazards such as narcotics, vice, bomb squad, undercover work — Decline for Life and DIR

• Military aircraft crew or hazardous activities such as diving, parachuting, explosives, hazardous material exposure — Decline for Life and DIR

• Federal/government hazardous activities such as explosives, bomb disposal, hazardous material exposure — Decline for Life and DIR

• Hazardous work such as steeplejack, tower erector, structural steel, explosives, or heights above 49 feet — Decline for Life and DIR

• Private duty nurse, CNA, elderly caregiver, or home health aide — Accept for Life, Decline for DIR

• Occupational travel outside the U.S. to areas of active war, political unrest, or terrorism — Decline for Life and DIR

Avocations
The following are not allowable with simplified underwriting:

• Motor sports racing

• Boat racing

• Parachuting

• Skydiving

• Hang gliding

• Base jumping

• Rock or mountain climbing

Foreign National and Immigrant Residency Policy

Permanent Residents Living Permanently in the United States

• Must possess a valid Permanent Resident Card

• Must have lived in the U.S. for at least 12 continuous months

• Must have a minimum annual income of $20,000 from U.S.-based assets, entitlement benefits such as Social Security or pension benefits, or U.S.-based employment

• Income from SSI or SSDI cannot be included

• Must complete the Foreign National and Foreign Travel Questionnaire, L5719_0107

Temporary Visa Holders Living in the United States

• Acceptable visas: E-1, E-2, H-1B, H-4, L-1, L-2

Term Conversion Guidelines

• Clients can convert eligible Term Life Express policies to a new permanent policy within face amount, issue age, and risk class guidelines for the permanent product

• Conversion can occur through the last conversion date shown on the policy data page

• Term Life Express policies issued prior to May 1, 2014 are not eligible for conversion

• No evidence of insurability is required

• Partial conversions are available as long as minimum face amount requirements are met

• We cannot convert term coverage into an existing universal life policy

• Riders are not automatically carried over

Products Available for Term Conversions

• IUL Express — minimum face amount $25,000

• Whole Life (conversion only product) — minimum face amount $5,000

Substandard Conversions

• IUL Express is not available for a substandard term conversion

• Term conversions with a rate up must convert to a UL product that allows for a rate up, such as AccumUL Answers, Income Advantage IUL, or Life Protection Advantage IUL

Rider Conversions

• Riders on the conversion policy must already exist on the term policy

• Disability Waiver of Premium is not guaranteed convertible and requires a signed statement that the client is not disabled and is performing normal occupational duties

• Accidental Death Benefit and Children’s Riders are guaranteed convertible if available on the new permanent product

• Other Insured Rider can be converted into a separate permanent policy at the insured’s current attained age

Submitting Applications / Contact Information

• Mailing Address: Mutual of Omaha, 3300 Mutual of Omaha Plaza, Omaha, NE 68175

• Fax: (402) 997-1804

• New Applications Email: lifeapps@mutualofomaha.com

• Requirements Email: liferequirements@mutualofomaha.com

• Risk Assessment Email: ExpressRiskAssessment@mutualofomaha.com

• Risk Assessment Phone: 888-624-1173

• Underwriting Support: 1-800-775-7896

• iGO e-App Support: 1-800-641-6557

• Sales Support: 1-800-693-6083

Carrier: Occidental / American Amicable (AmAm)

Product: Term Made Simple (TMS)

Product Types: 10-Year, 15-Year, 20-Year, and 30-Year Level Term

Issue Ages: 18–75

Face Amounts: $50,000 to $500,000

Target Market: Mortgage protection, income replacement, and applicants seeking non-med term coverage with living benefits

Underwriting Notes: No medical exam. MIB, Rx, and MVR check. E-application with instant decision available. Available for both Tobacco and Non-Tobacco users. Riders include Critical Illness, Terminal Illness, and Accelerated Death Benefits.

Occidental / American Amicable (AmAm)

Occidental / American Amicable (AmAm):
Product Name: Term Made Simple (TMS) – Level Term Life Insurance

Product Overview

Term Made Simple is a simplified issue level term life insurance policy that provides protection to age 95. It is available in four level term durations: 10, 15, 20, and 30 years. Premiums are guaranteed to remain level for the selected term duration. The product uses standard-only underwriting — there are no table ratings. Applicants must qualify under simplified issue criteria including health questions, build chart, MIB, Rx, and MVR reports.

Issue Ages and Face Amounts

• Minimum Issue Age: 18
• Maximum Issue Age: 75
• Face Amounts: $50,000 to $500,000

Available Term Plans

• 10-Year Level Term
• 15-Year Level Term
• 20-Year Level Term
• 30-Year Level Term

Build Chart

Medical Impairment Guide

Prescription Medication Guide

Included Riders

• Terminal Illness Accelerated Death Benefit
• Chronic Illness Accelerated Death Benefit
• Confined Care Accelerated Benefit Rider

Optional Riders

• Critical Illness Rider (up to 100% of death benefit, max $100,000)
• Total Disability Income Rider (DIR) – up to $1,500/month
• Accident-Only Total Disability Income Rider (AODIR) – up to $2,000/month
• Children’s Insurance Agreement – up to $15,000
• Accidental Death Benefit Rider
• Waiver of Premium – Disability
• Waiver of Premium – Unemployment

Note: The DIR and AODIR cannot be issued together. The Critical Illness Rider cannot be issued with Waiver of Premium – Disability.

Conversion Options

Policies may be converted to any permanent life insurance plan currently offered by the carrier, without evidence of insurability, under the following conditions:

• Before the end of the level term period
• Before the policy anniversary following age 75
• Or within 5 years of policy issue (whichever is later)

Additional Eligibility Restrictions

• Third-party payors must be a spouse, parent (if applicant is under 30), or business partner
• Applicants must have a U.S. address and Social Security Number
• Restricted beneficiary types include funeral homes and individuals without clear insurable interest
• State-specific replacement forms are required in CA, FL, KS, and others

Application Notes

• Use carrier form #3188 for all applications
• Submit via mobile app or fax
• Initial premium can be paid by eCheck, personal check, or bank draft (no money orders)
• Telephone interview required for applicants aged 65 and older
• Point-of-sale decisions may include approval, decline, or home office referral

Product: Quility Level Term

Product Type: Simple Issue Level Term Life Insurance

Term Lengths: 10, 15, 20, 25, 30 years

Issue Ages: 18–60 (non-med), up to 75 (with exam)

Face Amounts: $100,000–$1,000,000 (non-med), up to $5M (with exam)

Target Market: Clients seeking fast, digital term life insurance with optional riders and living benefits

Underwriting Notes: Instant decision for most applicants using MIB, Rx, and database checks. No phone interview required. Higher face amounts or older ages may require paramed.

Available Term Lengths

• Ages 18–50: 10, 15, 20, or 30-year level term
• Ages 51–60: 10, 15, or 20-year level term
• Ages 61–65: 10 or 15-year level term

Issue Ages and Face Amount Limits

• Minimum Face Amount: $100,000
• Maximum Face Amounts:
• Ages 18–40: Lesser of $1,000,000 or 20x income
• Ages 41–50: Lesser of $1,000,000 or 15x income
• Ages 51–60: Lesser of $500,000 or 10x income
• Ages 61–65: Lesser of $500,000 or 10x income
• Note: For mortgage coverage, quoting should not exceed 1.5x the mortgage amount.

Renewability

Policies may be renewed beyond the level term period on an annual renewable term basis until age 85. Premiums will increase annually and the policy terminates at age 85. No evidence of insurability is required for renewal.

Payment Modes and Factors

• Annual: 1.00
• Semi-Annual: 0.51
• Quarterly: 0.26
• Monthly (EFT only): 0.087

Premium Banding

• Band 1: $100,000 – $249,999
• Band 2: $250,000 – $499,999
• Band 3: $500,000 and above

Policy Fee

An annual policy fee of $50 applies. This fee is non-commissionable and is modalized for non-annual payment modes.

Risk Classes

• Non-Nicotine: Elite, Preferred, Select, Standard (up to Table D)
• Nicotine: Standard only (up to Table D)

Underwriting Process

Fast, simplified issue underwriting with a yes/no decision within minutes. No medical exams, no PHI, no attending physician statements (APS), and no health or paramedical screenings (HOS). In limited cases, applications may be referred for manual underwriting and additional review.

Build Chart