Mutual of Omaha Raises Premium Caps on UL

Effective immediately, United of Omaha is raising the premium caps of their Universal Life products. For GUL, GUL Plus, AccumUL Plus, and AccumUL Answers, the new cap is $2 million, up from the previous $1 million. For GUL Survivor, the new cap is $1 million, up from the previous $500,000. Any premium over these limits will require Home Office approval.