Effective March 1, 2017, Mutual of Omaha is suspending sales of the following products:
• Guaranteed Universal Life Plus—designed for larger first-year premium dump-ins
• Guaranteed Universal Life Survivor—designed for second-to-die, survivorship sales
Their individual Guaranteed Universal Life product will remain available, which is where they receive the majority of their fully-guaranteed life insurance business. This product will continue to provide your customers significant value with flexible features such as the Guaranteed Refund Option Rider and Accelerated Death Benefit Rider for Terminal and Chronic illness, all included at no additional cost.
Additional details and transition rules can be found here.