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Midwestern Insurer Tweaks GUL Product

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Mutual of Omaha Insurance Company says it has lowered the premiums on its Guaranteed Universal Life Complete policy.

The policy also offers an “Age Last Birthday” pricing feature, which means that the price of the product always is based on the applicant’s current age, according to Mutual of Omaha, Omaha, Neb.

The product offers guarantee periods ranging from 20 years to the lifetime of the insured.


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