ManhattanLife Assurance Company Launches

ManhattanLife Assurance Company of America is launching across the country. This new product name will be replacing Western United Life and Manhattan Life Medicare Supplement in many states. This product has unique features including a household discount (married or living with someone over 60) and increased compensation, both on regular plans and 4% even higher on Plan N. This company is reinsured by Mutual of Omaha (do not use that in sales presentations) and has one of the easiest electronic applications in the industry. No signatures are required. Manhattan Insurance Group is rated #112 in the Top 200 US Life/Health Insurers list from AM Best's Review Magazine. There is a (quite liberal) height and weight chart for underwritten folks, and they have the same underwriting rules as Mutual of Omaha with regard to Diabetes (under 50 units of insulin will be considered if no more than 2 blood pressure meds and NO changes to any of these meds for 2 years). Their launch states are in the map below, and include, as of July 1, 2020: AZ, AR, GA, IA, IN, LA, MI, NE, NV, SC, TN, WV Contracts for ManhattanLife Assurance Company are included within Manhattan Life (Med Supp, not DVH) contracting, found here. Replacing WULA in these states (and possibly more): About ManhattanLife: Founded in 1850, The Manhattan Life Insurance Company is celebrating its 170th anniversary and is one of the oldest insurance companies in the United States. ManhattanLife is a group of four operating life and health insurance companies – Manhattan Life, ManhattanLife Assurance Company of America, Family Life and Western United Life Assurance Company. They offer a diverse, high-quality portfolio of Individual Life & Health Insurance, Voluntary Benefits, Medicare Supplements and Annuities through its four charters. Map as of 07-20-2020 New Underwriting Guide is here It covers the height/weight chart, Household Discount, Drug List, etc. HOUSEHOLD DISCOUNT To qualify for a Household Discount, the proposed insured must be at least 65 at the time of the requested effective date, and meet the following criteria: a) Married and residing with their spouse; or b) Must have resided in the same household with an individual that is at least 60 years old for the last 12 months. SPOUSAL DISCOUNT To qualify for a Spousal Discount, the proposed insured must be 65 at the time of requested effective date, and meet the following criteria: a) Married and residing with their spouse

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