OMAHA, Neb.–(BUSINESS WIRE)–Mutual of Omaha has introduced a new disability insurance product that
offers a simplified application, as well as budget-friendly policy
options for customers.
Priority Income Protection pays a monthly benefit to assist with living
expenses when a policyholder is unable to work due to a covered injury
or illness. Customers are able to select coverage that fits their budget
by making two choices: the monthly benefit amount and the benefit period.
The application and underwriting processes for Priority Income
Protection are simpler than many other disability insurance products on
the market. Applications do not require a medical exam or information
from a health care provider. Customers simply answer a few health
questions to determine eligibility, and all occupations can qualify.
“This product was designed with our customers in mind,” said Stephen
Abels, senior vice president of Individual Pre-Retirement Solutions.
“Our market research shows that individuals seeking disability insurance
want affordable plans, options for coverage amounts, and an
easy-to-understand product. Priority Income Protection provides all of
Policies are issued within days to qualified applicants, and customers
are able to renew the policy until age 65, as long as the required
premiums are paid when due.
To learn more about Mutual of Omaha’s disability insurance portfolio,
Mutual of Omaha is a full-service, multi-line organization providing
insurance, banking and financial products for individuals, businesses
and groups throughout the United States. For more information about
Mutual of Omaha, visit www.mutualofomaha.com.
Mutual of Omaha
Kailyn Watson, 402-351-3097