Mutual Of Omaha Term Life Express Build Chart
Introduction
Life insurance is an essential part of financial planning. It provides financial security to your loved ones in case of an unforeseen event. Mutual of Omaha is one of the leading life insurance providers in the United States. They offer a wide range of life insurance products, including term life insurance. Mutual of Omaha Term Life Express is a popular term life insurance product that offers quick and easy underwriting for people who need coverage fast. In this article, we will discuss the Mutual of Omaha Term Life Express Build Chart in detail.
What is Mutual of Omaha Term Life Express?
Mutual of Omaha Term Life Express is a term life insurance product that offers coverage for a specific period, usually between 10 and 30 years. It is designed for people who need coverage quickly and don't want to go through a lengthy underwriting process. With Term Life Express, you can get coverage in as little as 24 hours. The coverage amount ranges from $25,000 to $300,000, and the premiums are guaranteed to remain the same throughout the term.
What is the Mutual of Omaha Term Life Express Build Chart?
The Mutual of Omaha Term Life Express Build Chart is a tool that helps you determine your eligibility for coverage and the premium you will pay. It takes into account your age, gender, tobacco use, health status, and the coverage amount you need. The chart has different tiers based on your health status, and the premiums increase as you move to higher tiers. The Mutual of Omaha Term Life Express Build Chart is a quick and easy way to get an idea of how much coverage you can get and how much it will cost.
How to Use the Mutual of Omaha Term Life Express Build Chart?
Using the Mutual of Omaha Term Life Express Build Chart is easy. You need to follow these simple steps:
- Visit the Mutual of Omaha website and go to the Term Life Express page.
- Click on the "Build Chart" button.
- Enter your age, gender, tobacco use, and coverage amount.
- Answer a few health questions.
- The chart will show you your eligibility for coverage and the premium you will pay.
What are the Health Tiers in the Mutual of Omaha Term Life Express Build Chart?
The Mutual of Omaha Term Life Express Build Chart has four health tiers:
- Elite
- Preferred Plus
- Preferred
- Standard Plus
The Elite tier is for people who are in excellent health, and the Standard Plus tier is for people who have some health issues. The premiums increase as you move to higher tiers.
What are the Benefits of Mutual of Omaha Term Life Express?
Mutual of Omaha Term Life Express offers several benefits, including:
- Quick and easy underwriting
- Coverage in as little as 24 hours
- Guaranteed premiums throughout the term
- Flexible coverage amounts
- Conversion option to permanent life insurance
Conclusion
Mutual of Omaha Term Life Express is an excellent option for people who need coverage quickly and don't want to go through a lengthy underwriting process. The Mutual of Omaha Term Life Express Build Chart is a useful tool that helps you determine your eligibility for coverage and the premium you will pay. It is essential to compare different life insurance products and providers before making a decision. Make sure you understand the terms and conditions of the policy before buying it.