United of Omaha GUL Pricing Changes
On June 1, 2017, United of Omaha will introduce higher rates for their Guaranteed Universal Life (GUL) product for new issue policies. This is being done to “ensure the long-term viability of our inforce GUL portfolio and allow us to continue to deliver on the commitments we have made to our current policyholders.”
Transition Rules: GUL applications signed on or after June 1, 2017 will receive the new pricing. To receive the old pricing, GUL applications need to be signed prior to June 1, 2017 and must be received in the Home Office no later than June 30, 2017.