Accidental Death Insurance
Accidents Happen. Protect Your Family.
Prepare for the Unexpected.
You already do so many things to help protect your family. Now may be the right time to continue that protection with a Guaranteed ADvantage Accidental Death Insurance policy from Mutual of Omaha Insurance Company (Mutual of Omaha). This insurance covers you in case of death resulting from an accident.
Guaranteed ADvantage Accidental Death Insurance is affordable coverage with an easy application process. There are no health questions. No medical exams. No occupation restrictions. Since Guaranteed ADvantage is guaranteed coverage, you cannot be turned down. In addition, Guaranteed ADvantage may be extended to provide additional coverage for your spouse and/or dependent children.
• Face amount from $50,00 to $500,000 • Issue ages 18-70 • With the election of family coverage, the spouse’s death benefit pays at 100 percent of the primary insured’s death benefit, and dependent children at 20 percent of the primary insured’s death benefit
• Covers death sustained from any accident, work-related or non-work-related
• The Auto/Pedestrian benefit pays an additional 50 percent of the death benefit if the insured is killed while driving or riding in a private automobile or if struck by an automobile on a public street or highway (Not available in NY)
• A Return of Premium (ROP) rider is available for ages 18-50 and pays a percentage of the premiums paid on the insurance policy at time of cancellation (ROP Rider is not available in AR, CT, GA, NY, PA and VA.)
• Pays double the death benefit if death results from an accident while riding as a fare-paying passenger on a common carrier such as a boat, bus or airplane
• Insurance policy is guaranteed renewable to age 80 as long as premiums are paid
Why This Really Matters To You
A preventable-injury related death occurs every two minutes in the United States*
• The odds of dying in a motor-vehicle crash are 1 in 93**
• There were 5,190 fatal work injuries recorded in the United States in 2021
Guaranteed ADvantage Accidental Death Insurance from Mutual of Omaha may fit in your budget and help you provide you and your family with the security of knowing that money will be available to help pay expenses if you die in an accident.
Frequently Asked Questions
Q: What is Accidental Death Insurance?
Guaranteed ADvantage Accidental Death Insurance is a more budget friendly option that covers your client in the case of death resulting from an accident. The application process is easy – no health questions, medical exams or occupational restrictions. Guaranteed ADvantage is guaranteed coverage so your client cannot be turned down.
Q: What are the Features of the Program?
Guaranteed ADvantage Accidental Death Insurance Features
ISSUES AGES:
• 18-70 ACCIDENTAL
DEATH BENEFITS:
• $50,000 – $500,000 face amounts available (increments of $1,000)
• Spouse coverage is 100 percent of the proposed insured’s coverage and child coverage is 20 percent of the proposed insured’s coverage
• 24-hour all accident coverage
• Common Carrier Benefit: provides an additional death benefit equal to the base accidental death benefit
• Auto Pedestrian Benefit: pays an additional 50 percent of the accidental death benefit
Q: Acceptable Beneficiary Relationships
Spouse/Fiancée/Common Law/Domestic Partner • Child Parent (includes In-Law) • Sibling (includes In-law) • Daughter-In-Law Son-In-Law • Grandparent • Grandchild • Aunt • Uncle • Trust • Estate Business Partner • Business Owned by Insured
Q: Application Considerations
Guaranteed ADvantage is guaranteed issue for all clients that apply
No health questions, medical exams or occupational restrictions
• A proposed insured cannot have more than one Mutual of Omaha Accidental Death policy in force. If the client has more than one, they will need to decide which policy they would like to keep. Accidental death benefit riders on a life policy are not included in this restriction
• The proposed insured can have accidental death coverage through Mutual of Omaha and any other company
• A spouse cannot be added to the policy after issue. They will be required to apply for their own policy • Newborn children and adopted children can be added to the policy after issue as long as they meet the policy’s eligibility requirements and provide the following written information: – Dependents full name – Date of birth – Relationship to the insured
• The primary insured is the owner of the policy • The payor of premiums must be one of the proposed insureds
• Non-U.S. citizens may be covered as long as they have a permanent resident card* (green card) and have resided in the country longer than one year
*Permanent resident card number(s) must be listed on the application
Let Us Know How We Can Help You?
