Mutual of Omaha Life Insurance Review


Rating: 8.7 / 10 (Excellent)
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How is Mutual of Omaha rated?
8/10
Financial Strength
10/10
Customer Experience
9/10
Policies
9/10
Flexibility
9/10
Help and Support
9/10
Online Presence

 

Mutual of Omaha is a provider of financial and life insurance products. Started in 1909, the company continues to be a leading providers of life insurance services. Mutual of Omaha has two major life insurance products, term and permanent life insurance. Aside from its two major life insurance offers, Mutual of Omaha also includes supplemental insurance with disability and critical insurance.

 

Plan Details

Term Life Insurance

  • Guaranteed level premiums
  • Can be used for mortgage payments, emergency fund, child’s education and paying personal debts

Term Life Answers

  • 10, 15, 20, 30 years
  • For ages 18 to 80
  • $100,000 death benefit minimum
  • Convertible to permanent plan

 

Term Life Direct

  • Term to age 80
  • For ages 30 to 74
  • $25,000 to $100,000
  • Not convertible to permanent policy
  • No medical exam required

 

Permanent Life Insurance

Whole Life Insurance

Whole Life Guaranteed Direct

  • For ages 45 to 85
  • $3,000 to $25,000 in benefits
  • No premium increases
  • Guaranteed acceptance for ages 45 to 85
  • No medical exams, no health questions
  • Helps cover final expenses

 

Whole Life Guaranteed

  • For ages 45 to 85
  • $5,000 to $20,000
  • No premium increases
  • Guaranteed coverage for insured’s lifetime
  • Helps cover final expenses

 

Whole Life Express

  • For ages 18 to 85
  • $20,000 to$50,000
  • $5,000 to $50,000 for ages 26 to 44
  • No premium increases
  • Guaranteed coverage for insured’s lifetime
  • Helps cover final expenses

 

Universal Life Insurance

  • Flexible permanent life insurance
  • Build tax deferred cash values
  • Personalize your policy and premium payments

 

Guaranteed Universal Life

  • For ages 18 to 85
  • $100,000 to $1,000,000 and above
  • Guaranteed death benefits

 

Plan Riders

Guaranteed insurability

Child protection

Guaranteed minimum cash value

 

Financial Summary

Standard and Poor’s

AA-

Moody’s Rating

A1

A.M. Best FSR

A+

 

Mutual of Omaha Life Insurance – Final Thoughts

Mutual of Omaha has a variety of life insurance plans that can cater to a wide range of life insurance needs. Optional riders and flexible premiums and benefits makes it an attractive option for life insurance shoppers.

 

 

 

 

 

 

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