BofA U.S. Agility Index Now Available on Our IUL Portfolio
United of Omaha’s IULs have always been built the right way. With transparency, simplicity and most importantly – the client in mind. No fancy frills, no mysterious multipliers, just straightforward products designed to provide downside protection with upside potential.
With the addition of our fourth crediting strategy: the BofA U.S. Agility Index: One-Year Uncapped account, clients now have the option to consider if they are looking for an index that may provide more consistent performance in fluctuating market environments. Watch our training video below and utilize our marketing materials to learn more about this new index:
Transition Rules
The one transition rule to this new index addition is the use of the updated Premium Allocation Form.
If you have any cases that are submitted and/or pending that would like the new BofA U.S. Agility Index, you must submit the updated version of the Premium Allocation form.
After August 1, 2023, we will no longer accept the old Premium Allocation form for any applications and will require that all applications be submitted with the new version of the form, regardless of the crediting strategies that are being selected.
eApplication
The eApplication is currently being updated with the new Premium Allocation form. If a client requests the BofA U.S. Agility Index prior to the online form availability, we will request a paper version of the form be signed and submitted to Mutual of Omaha. We anticipate that the new form will be available online, on or around July 12, 2023.
State Availability
The BofA U.S. Agility Index is not available in CA, NY and VI.
Our IULs have always been strong, and now they’re stronger than ever.