AccumUL Plus. United of Omaha Life Insurance Company A Mutual of Omaha Company. product guide

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1 Uited of Omaha Life Isurace Compay A Mutual of Omaha Compay AccumUL Plus product guide L7864_1211 Product base pla features, provisios ad riders may ot be approved i all states. For producer use oly. Not for use with the geeral public.

2 AccumUL Plus Life isurace that ca help set a solid foudatio for your cliet s future while providig them protectio for their family. AccumUL Plus is a flexible, premium life isurace product that ca build cash value overtime. It serves as life isurace protectio ad as a coservative wealth accumulatio vehicle. Features Face Amout $25,000 ad up Issue Ages Based o Age Last Birthday 0-17 Stadard Notobacco risk oly* All risks Stadard Notobacco ad Stadard Tobacco risks oly Note: For the Uisex policy, issue ages start at 18. *Not available i Washigto. Risk Classes Preferred Plus* (otobacco) Preferred* (otobacco tobacco) Stadard Plus* (otobacco) Stadard (otobacco tobacco) Table Rated (otobacco tobacco) *Not available for face amouts uder $100,000. Iterest Rate A miimum iterest rate of 3 percet is guarateed o the accumulatio value. A additioal 0.50 percet iterest rate bous will be credited to the policy s uloaed cash accumulatio values after the 5th policy year as log as the curret iterest rate is higher tha the guarateed iterest rate of 3 percet. Premiums The plaed premium is flexible ad may be chaged oce durig the policy year, begiig i policy year two ad thereafter. Additioal paymets are premiums i additio to the plaed premium ad may be made by the policyower at ay time. No premium paymets will be accepted after Attaied Age 100, but the policy will cotiue to Attaied Age 120 with o further mothly deductios. Death Beefit Optios Two optios are available to the policyower. Optio 1: (Level) for the specified amout of isurace Optio 2: (Icreasig) for the specified amout of isurace plus the accumulatio value The policyower may chage the Death Beefit Optio oce each year, after the first policy year. The death beefit may be icreased with either Optio 1 or Optio 2 i order to qualify as life isurace i accordace with the Iteral Reveue Code of 1986, as ameded. Policy Maturity Age Policy maturity age is 120. Upo policy maturity, if the isured is still livig, the death beefit will be paid less ay upaid loa amout. No-Lapse Protectio AccumUL Plus provides two levels of o-lapse protectio, which allow the policy to stay i force eve if the Surreder Value is ot eough to cover the mothly deductio. Short-Term No-Lapse Protectio Based o paymet of Miimum Premiums Short-Term No-Lapse Protectio Period: Ages 0-60:* 10 Years Ages 61-64: To age 70 Ages 65-85: 5 Years The Short-Term No-Lapse Protectio ca be restored at ay time durig the Short-Term No-Lapse Protectio Period by payig appropriate premiums. *I Washigto ages Log-Term No-Lapse Protectio Based o paymet of Target Premiums Log-Term No-Lapse Protectio Period: Ages 0-50:* 30 Years Ages 51-74: To age 80 Ages 75-85: Noe The Log-Term No-Lapse Protectio ca oly be restored withi 90 days of losig the No-Lapse Protectio (60 days if the policy has etered the Grace Period) by payig appropriate premiums. *I Washigto ages Loas Policy Years 1-9: Charge 6 percet i arrears Credit 3 percet Policy Years 10+: Charge 3.5 percet i arrears Credit 3.5 percet* * The 3.50 percet credit i years 10+ icludes a 0.50 percet iterest rate bous that is oly credited if the curret iterest rate is higher tha the guarateed iterest rate. Surreder Charges Surreder charges will be deducted from the accumulatio value: For ages 50 or youger: if the policy is surredered durig the first 15 policy years For ages 51-54: To age : 10 Years Surreder charges are based o the isured s issue age, geder, risk class, rate class ad the legth of time the policy has bee i force. Note: For the Uisex policy, surreder charges do ot vary by geder. Mothly Deductios A mothly deductio is deducted from the accumulatio value each moth. The mothly deductio icludes: Mothly policy fee: Curret = $5 Guarateed = $10

3 Mothly charge per $1,000 of Specified Amout: Curret = Level for years 1-5 1/2 of iitial level for years 6-10 Noe i years 11+ Guarateed = Level i all years Cost of isurace for the curret moth Cost of riders for the curret moth Premium Charge A Premium Charge is applied to each premium made uder this policy. Curret = 6 percet of premium up to the Target Premium i each year 3 percet of premium i excess of the Target Premium i each year Guarateed = 6 percet of each premium paymet Partial Withdrawals Partial withdrawals are available after the first policy aiversary. The miimum withdrawal is $100. The maximum partial withdrawal is a percetage of the cash surreder value, less ay outstadig loa balace, less a amout ecessary to keep the policy ad ay riders i force for three moths. The maximum partial withdrawal percetages are: Durig the Surreder Charge Period After the Surreder Charge Period 90 percet 100 percet Durig the surreder charge period oly oe partial withdrawal is allowed each year. Surreder charges are ot applied to partial withdrawals. No Charge Riders icluded i the base policy (Subject to state approval) Accelerated Death Beefit for Termial ad Chroic Illess Rider (Form: C503LNA08R, or state equivalet. I ID, NC, OK, PA, TX ad WA, ICC08L005R. I OR, C664LOR08R.) The Accelerated Death Beefit Rider for Termial Illess ad Chroic Illess is a rider icluded i the policy at issue o all policies. The maximum cumulative amout of death beefit that ca be accelerated is $250,000. The acceleratio ca oly be elected oce for termial illess. The acceleratio ca be elected multiple times for chroic illess but o more tha oce each Caledar Year. Oce the acceleratio occurs as a result of termial illess, the policy caot be accelerated for chroic illess. A actuarial factor will be applied to the amout requested. There is a $100 charge for acceleratio uder this rider. Termial Illess:* the rider provides a beefit of up to $250,000 of the curret death beefit if the isured provides evidece that their life expectacy is 12 moths or less. The accelerated death beefit amout will be 94 percet of the amout you request. The remaiig death beefit will remai i force ad payable to the beeficiary at the time of the isured s death, adjusted for outstadig loas ad ay withdrawals. I Florida (Form: 2486L-0799) This rider provides a lump-sum beefit if the isured provides evidece that his/her life expectacy is 12 moths or less. The lump-sum beefit is equal to 94 percet of the death beefit. Oce the 94 percet beefit is paid, the policy is termiated. This is ot available o face amouts above $500,000. Chroic Illess:* the rider provides a beefit of up to $250,000 of the curret death beefit if the isured provides evidece that they are uable to perform 2 of the 6 ADLs ad they have bee cofied to a ursig home for 90 cosecutive days or more. The beefit will be paid out either as a lump sum or the amout will be deposited ito a accout ad the cliet will have access to that accout for as log as moey is available. The remaiig death beefit will remai i force ad payable to the beeficiary at the time of the isured s death. *Not available i Florida I Coecticut Chroic Illess: the rider provides a beefit of up to $250,000 of the curret death beefit if the isured provides evidece that they are: (a) uable to perform (without substatial assistace from aother perso) at least 2 Activities of Daily Livig; (b) has bee cofied to the isured s place of residet or a Nursig Home for six cosecutive moths or more; ad (c) is expected to remai cofied as described i (b) of this defiitio for the duratio of the isured s life. The beefit will be paid out either as a lump sum or the amout will be deposited ito a accout for the cliet. There is a $100 charge for each acceleratio made as a result to Chroic Illess. I Illiois Termial Illess: life expectacy is 24 moths or less. The accelerated death beefit amout will be 88 percet of the amout you requested. There is a $100 charge for the eactmet of this rider. *Chroic Illess is ot available i IL. Lapse Guard sm Rider (Form: C507LNA08R or state equivalet. I ID, NC, OK ad WA, C507LNA08R. I PA, C821LPA09R. I TX, C732LTX08R. May ot be available i all states.) This rider is automatically attached to all issued policies with issue ages less tha 76. The Lapse Guard rider is specifically desiged to prevet policies from lapsig that have bee overfuded ad have had level disbursemets take for a exteded period of time i retiremet. Because exercise of this rider keeps the policy from lapsig, o policy loas will become taxable as icome uder curret tax law. Whe the Lapse Guard rider is exercised, the accumulatio value is reduced by 3 percet. The death beefit will always be greater tha the loa balace. Additioal Riders available for purchase (Subject to state approval):

4 Guarateed Isurability Rider (Form: C504LNA08R, or state equivalet. I ID, NC, OK, PA, TX ad WA, ICC08L006R. I OR, C504LNA08R.) This rider provides the isured the optio to periodically icrease the specified amout without additioal uderwritig. Oly oe specified amout icrease is allowed each year. The icrease i the specified amout may be elected 90 days followig: (a) marriage of the isured; (b) the birth of the isured s child; (c) the adoptio of the isured s child; ad (d) the 3rd policy aiversary ad every 3 years thereafter util the rider expires. The ability to icrease the specified amout uder item (d) will termiate if a specified amout icrease is ot exercised for five cosecutive years. No icrease will be allowed uder this rider if the icrease would cause the curret specified amout to exceed 200 percet of the iitial specified amout or $1,000,000 (whichever is less). A chage i Specified Amout may result i the loss of the No-Lapse Protectio. This meas that the o-lapse protectio may ot be i effect if the specified amout is icreased ad additioal premiums are ot paid. This rider will termiate o the earliest of the followig: (a) the date the Isured reaches Attaied Age 50; (b) the date you are o loger able to exercise this optio without exceedig the limitatios o the Specified Amout cotaied i the rider; (c) the expiratio date of this rider; (d) the Mothly Deductio Date ext followig the date we receive your writte request to termiate this rider; (e) the Maturity Date or the date the policy lapses or is cacelled or surredered; or (f) the date the Isured dies. Accidetal Death Beefit Rider (Form: 2144L-0989, or state equivalet. I PA, 2168L-0989.) This rider is available to issue ages with reewal ages The miimum amout is $10,000 ad the maximum amout applies to: Issue ages = $100,000 Issue ages = $250,000 Or two times the face amouts, whichever is less Disability Rider (Form: 423L-0982, or state equivalet. I PA, 424L-0483.) Available to issue ages with reewal ages If the isured becomes disabled before the policy aiversary followig the isured s 60th birthday ad the disability cotiues for at least six moths, this rider will waive paymet of the mothly deductio amout (cost of isurace charges ad expese charges) durig the cotiuace of the disability, eve if the disability exteds beyod age 60. Depedet Childre s Rider (Form: C521LNA08R, or state equivalet. I ID, NC, OK, PA, TX ad WA, ICC08L007R. I OR, C521LNA08R.) Available to issue ages ad is eligible for depedet childre ages 15 days through age 20. This rider provides coverage to each covered child s 23rd birthday or the date the isured reaches Attaied Age 65. The maximum coverage amout is $10,000 per child. I WA childre ages eed to sig the applicatio whe applyig for the rider. Associatio Group Disability Rider (Form: 2230L-0893, or state equivalet. I PA, 2233L-0893.) Same as disability rider except it is free for qualifyig associatio members. Additioal Isured Term Rider (Form: Self Rider Form: C563LNA08R, or state equivalet. I ID, NC, OK, PA, TX ad WA, ICC08L003R. I OR, C563LNA08R. Other Rider Form: C564LNA08R, or state equivalet. I ID, NC, OK, PA, TX ad WA, ICC08L004R. I OR, C564LNA08R) This term isurace rider provides a additioal death beefit o the primary isured (Self) or up to four additioal isureds (Other) for as log as the base policy remais i force or the additioal isured reaches age 100. Issue ages for the AIR- Self are 0-80, while issue ages for the AIR-Other are Miimum face amout is $25,000 ad maximum is 2X base face amout. Rider charges are deducted from the policy accumulatio value whe due. Not available with base policies rated above 300 percet (Table 8). Note: For the Uisex policy, oly the Lapse Guard Rider is available. Except for Motaa which is a Uisex state, where all riders are available. Policy Exclusios/Limitatios The face amout will ot be paid if the isured s death results from suicide, while sae or isae, withi two years from the date of issue (withi oe year i MO ad ND). Istead, we will pay the sum of the premiums paid sice issue, less ay loa ad loa iterest due ad ay withdrawals. I MO, beefits are paid for all causes of death uless evidece shows that suicide was iteded at the time of purchase. Limitatios Face amout decreases greater tha 50 percet of the iitial face amout will ot be allowed withi the first 3 policy years. At o time ca the miimum face amout of the policy be less tha the requiremets of this product.

5 Uderwritte by: Uited of Omaha Life Isurace Compay A Mutual of Omaha Compay Mutual of Omaha Plaza Omaha, NE mutualofomaha.com Product base plas, provisios, features ad riders may ot be available i all states ad may vary by state. Sex Distict Policy Form: C518LNA08P (or state equivalet). I FL, C587LFL08P. I ID, NC, OK, PA, TX ad WA, ICC08L001P. I OR, C600LOR08P. Uisex Policy Form: C519LNA08P (or state equivalet). I FL, C588LFL08P. I ID, NC, OK, PA, TX ad WA, ICC08L002P. I OR, C601LOR08P.

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guaranteed universal life guarateed uiversal life Uited of Omaha Life Isurace Compay A Mutual of Omaha Compay product guide L8416_0314 For Producer use oly. Not for use with the geeral public. 1 Guaratee your cliets future. Guarateed