Mutual of Omaha – Simple Issue products (Living Promise-Final Expense, Term Life Express (TLE), Indexed Universal Life Express (IULE)

Mutual of Omaha Simplified Issue Product Guide for AI Assistant Integration

Product Name and Carrier
This guide covers simplified issue life insurance products offered by Mutual of Omaha, specifically:

• Living Promise (Final Expense)

• Term Life Express (TLE)

• Indexed Universal Life Express (IULE) All products are underwritten by United of Omaha Life Insurance Company.

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

• Term Life Express (TLE) and Indexed Universal Life Express (IULE):

  • Ages 18–50: $25,000 to $300,000

  • Ages 51–60: $25,000 to $250,000

  • Ages 61–75: $25,000 to $150,000

• Living Promise Final Expense:

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

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

  • Face amounts and issue ages may vary by state.

Available Terms and Plan Types

• Term Life Express: Simplified term life coverage

• IUL Express: Indexed universal life with simplified issue

• Living Promise: Whole life insurance with level and graded death benefit options

Underwriting Requirements and Automated Underwriting All policies are simplified issue and may include:

• Build chart review

• MIB (Medical Information Bureau) check

• Pharmaceutical (Rx) check

• Medical Data Check

• Motor Vehicle Report (MVR):

  • Mandatory for ages 18–35

  • Discretionary for ages 36–50 (TLE/IULE)

• Phone interview as needed or random (required for Living Promise)

For applications submitted via iGO e-App, Mutual of Omaha offers automated underwriting that can return instant approvals, referrals, or declines.

Build Chart
The underwriting build chart includes minimum and maximum weight limits by height for each product. The chart below must be used to determine eligibility. Each height is matched with:

• Minimum Weight (TLE/IULE and Living Promise)

• Maximum Weight (TLE/IULE)

• Maximum Weight (DI Rider)

• **Maximum Weight under Table 2 for Multiple Impairments)

• Maximum Weight for Living Promise Level Benefit

• Maximum Weight for Living Promise Graded Benefit

Prescription Drug Exclusions If the proposed insured is currently taking any of the following medications, they are ineligible for coverage under the respective simplified issue product. This list is exhaustive and overrides any general guidance.

• Term Life Express / IUL Express: Medications include 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: Same as above, with some medications marked eligible for Graded Benefit only. Additional excluded drugs include Abilify, Carvedilol, Clopidogrel, Coreg, Coumadin, Enoxaparin Sodium, Infergen, Lovenox, Plavix, Pradaxa, Seroquel, Truvada, Warfarin. Every medication listed must be disclosed with reason for use.

Medications Requiring Individual Consideration The following medications do not guarantee decline but require a reason for use provided on the application. Failure to include justification may delay processing or result in an unfavorable decision. Mutual of Omaha will determine eligibility using pharmacy data, MIB, or phone interview.

• 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

Impairments That May Affect Eligibility The following list includes all known impairments flagged by Mutual of Omaha for simplified issue underwriting. These conditions may lead to a modified offer or outright decline:

• Abnormal/Irregular Heart Rhythm

• Alcohol or Drug Treatment History

• ALS (Lou Gehrig’s Disease)

• Amputation due to 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 Artery Disease

• Heart Attack

• Heart Surgery

• COPD (Chronic Bronchitis, Emphysema, Cystic Fibrosis)

• Any form of Cancer

• Defibrillator Use

• Diabetes (Early onset or uncontrolled)

• Diabetes with Complications (Retinopathy, Nephropathy, Neuropathy)

• Hepatitis B

• Hepatitis C

• Hodgkin’s Disease

• Liver Disease (including Cirrhosis)

• Leukemia

• Lymphoma

• Melanoma

• Mental Incapacity

• Metastatic Cancer

• Recurrent Cancer

• Neurological Disorders (Muscular Dystrophy, MS, Parkinson’s Disease)

• Pacemaker Use

• Chronic or Alcohol-Related Pancreatitis

• Paralysis

• Organ Transplant

• Bone Marrow Transplant

• Peripheral Vascular Disease (PVD, PAD)

• Renal Insufficiency

• Renal Failure

• Moderate/Severe Rheumatoid Arthritis

• Scleroderma

• Sickle Cell Anemia

• Stroke or TIA (mini-stroke)

• Systemic Lupus

Multiple Impairments Rule (TLE/IULE) Applicants presenting more than one of the above impairments or conditions that together equate to Table 4 or higher rating will be declined. The following combinations are explicitly uninsurable:

• Diabetes diagnosed after age 45 with Table 2+ build

• Diabetes over age 45 with tobacco or nicotine use

• Diabetes over age 45 with peripheral vascular disease (PVD)

• Diabetes with any complications (retinopathy, nephropathy, neuropathy)

• Table 2 or higher build with hypertension

• Table 2 or higher build with asthma and nicotine use

• Table 2 or higher build with PVD

Included and Optional Riders Available riders include Accidental Death Benefit (ADB), Disability Income Rider (DIR, subject to occupation), and Children’s Term Rider. Riders must be selected at application. They are only convertible if they already exist on the policy.

Conversion Options (TLE Only) TLE policies may be converted to permanent coverage:

• Products available: IUL Express, Whole Life Conversion Product

• Minimums: $25,000 for IUL Express; $5,000 for Whole Life

• Term conversions with substandard ratings must convert into fully underwritten UL products (e.g., AccumUL, Life Protection Advantage)

• Riders are not guaranteed to convert unless already in place

Eligibility Restrictions

• Permanent Residents must:

  • Possess a valid green card

  • Live in the U.S. for 12+ months

  • Have $20,000+ U.S. income (excluding SSI or SSDI)

  • Complete Foreign National Questionnaire

• Temporary Visa Holders accepted only with the following valid visas:

  • E-1, E-2, H-1B, H-4, L-1, L-2

Restricted Occupations and Avocations Applicants will be declined for any of the following:

• Law enforcement (e.g., narcotics, bomb squad, undercover work)

• Military involving hazards (e.g., explosives, parachuting, diving)

• High-risk construction (tower erector, structural steel, >49 feet)

• Private duty or home health aides: acceptable for life, declined for DIR

• Travel to war zones or unstable political regions

• Recreational hazards: skydiving, base jumping, hang gliding, etc.

Ownership and Beneficiary Rules Acceptable owners: spouse, parent, child, trust, business partner. Trusts require documentation. Beneficiaries may include estate, siblings, grandparents, ex-spouse, and in-laws. Any other combination will not be approved. POA is never acceptable for application signing.

Submission Tips Applications must include all required documents:

• e-App or paper application

• Signed illustration (IULE)

• Allocation forms (IULE)

• Conditional receipt (if premium collected)

• State-specific forms

• Producer report, buyer’s guide, MIB notice

Maximum Combined Coverage

• Ages 18–50: $300,000

• Ages 51–60: $250,000

• Ages 61–75: $150,000

• Living Promise: $50,000 max (Level), $25,000 max (Graded)

• ADB Rider: $250,000 max ($100,000 if 18–25)

• Child Rider: $10,000 max

Height/Weight Build Chart Each height is matched with specific minimum and maximum weights for different product eligibility. This includes:

• Minimum weights for TLE, IULE, and Living Promise

• Maximum weights for TLE and IULE

• Maximum weights for the Disability Income Rider

• Maximum Table 2 weights for multiple impairment consideration

• Living Promise Level and Graded Benefit maximum weights