We are excited to announce maximum issue age increases to both our IUL Express and Term Life Express Non-ROP (10T) products that will be effective March 1, 2023! These enhancements will position our Simplified Issue product options to be available in more sales scenarios and will serve a wider range of clients. Below are some of the key updates you will need to know:

IUL Express:

• Maximum issue ages for both Tobacco and Non-Tobacco ratings will increase to age 75
• Currently Non-Tobacco is age 70 and Tobacco is age 65
• Maximum face amount for ages 71-75 will remain $150,000

Term Life Express Non-ROP (10T):

• Maximum issue age for Non-Tobacco* will increase to age 75
• *Please note there is no Tobacco rating available for this product
• Maximum face amount for ages 71-75 will remain $150,000

Transition Rules:

• Applications must be signed, and submitted with a March 1, 2023 date or after, to be eligible to apply with these increased ages.
• If your client would like to change products, applying for IUL Express or Term Life Express (10T non ROP) at these new ages will require a withdraw of the pending application, or a replacement of an issued policy.

Learn more about our entire portfolio of Simplified Issue products at mutualofomaha.com/simple.

We thank you for your commitment to Mutual of Omaha, and we look forward to your continued partnership!

Michael Sladek
Vice President
Brokerage Sales & Digital