News

 

Mutual/United of Omaha: New Proposal Requirement for Immediate Annuity Applications Effective May 1, 2024

We have a new requirement to announce that applies to all immediate annuity applications.

Beginning May 1, 2024, a proposal must be included with all immediate annuity application submissions. This new requirement allows us to capture the necessary details regarding premium payouts and rate lock information at the time of application. Thus, helping to eliminate the reissuing of many policies due to missing information on the application.

Creating a better application experience for you and your clients!