Important Changes to COVID Guidelines
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Mutual of Omaha continues to closely monitor our new business and underwriting practices to ensure we create efficiencies and improvements when making business decisions regarding our underwriting guidelines.
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I am happy to announce the following changes to our COVID guidelines for Fully Underwritten Life, effective June 1, 2023.
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Acceptance Guidelines Based on Insured's Issue Age
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- We are now accepting applications on clients through age 79 without table rating restrictions
- Additionally, we are now able to consider clients age 80-85 for Standard risk class ONLY
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Clients with Positive COVID Test
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- A Statement of Good Health continues to be required if:
- The client had a positive COVID diagnosis within the past 3 months
- The client was hospitalized with a positive COVID diagnosis within in the last 6 months
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Additional COVID Related Underwriting Updates
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- We will now allow any applicable temporary flat extra
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Thank you for your continued partnership with Mutual of Omaha.
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Virginia L. Craig
Vice President, Head of Individual Underwriting Mutual of Omaha
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