Effective June 1, 2012, United of Omaha is repricing their GUL and GUL Plus lifetime guarantee premiums to reflect current market conditions. This reprice does not affect our commitment to you to offer two UL solutions with great guarantees, favorable features, and competitive rates - that may be the right solution for your clients.

Here's what you need to know...

United of Omaha is STILL most competitive

• In the Standard Nontobacco, Standard Tobacco and Preferred Nontobacco risk classes
• For face amounts of $500,000 and $1,000,000 and up

GUL

• Still offers competitive dial down guarantee scenarios for as little as 20 years
• Still has competitive lifetime guarantees to age 120
• Features an accelerated death benefit for terminal and chronic illness,* a rider included in the policy

GUL Plus

• Offers competitive dump in, short pay and single premiums
• Works well for 1035 exchange
• Features moderate cash accumulation

Transition Rules 

• Effective in all states, including New York.
• GUL and GUL Plus applications signed before June 1, 2012 must be received in the home office by June 8, 2012 to be issued with the old rates.
• GUL and GUL Plus applications accepted with an application sign date of June 1, 2012 or later will be issued with the new rates.
• Any applications received after June 8, 2012 will be issued with the new rates regardless of the application date.

Winflex Software

On June 1, 2012, Winflex software must be updated via internet updating or through Sales Professional Access (SPA) to obtain new rates.

*Product base plan, riders and features may not be available in all states and may vary by state.

For more information about the United of Omaha changes or  to send in your applications today please  contact Shaw American at 1-800-626-5888 or email us at email@shawamerican.com.