Discontinuation of Term Life Express 30 Return of Premium

For over a century, Mutual of Omaha has been fulfilling the promises we make to our customers, helping them protect what matters most. And to help us protect a new generation of policyholders, we have to make sure the products and services we offer are both effective and financially responsible.

To that end, we have made the difficult decision to no longer offer our Term Life Express 30 Return of Premium (TLE 30 ROP) product, effective January 31, 2024.

To help us all make this transition away from TLE 30 ROP, here are the transition rules:

• All Term Life Express 30 ROP electronic applications must be signed and submitted by January 30th.
• All Term Life Express 30 ROP paper applications, and electronic applications that were printed for wet signatures, must be signed by January 30th, and received in the home office no later than February 14th.
• The Term Life Express 30 ROP will no longer be an option for any application signed after January 31st or received on or after February 15th. These applications may require corrections to remove the ROP option, or a new application.

We remain committed to the simplified issue marketplace, a great alternative to TLE 30 ROP is our Indexed Universal Life Express product. IUL Express offers clients similar premiums, cash value and a permanent solution to protect what matters most.