Mutual of Omaha Life Insurance Review for 2025 (+Rates & Discounts)
Mutual of Omaha life insurance starts at $17 per month, with payouts often processed within a few business days. This Mutual of Omaha life insurance review guides families through their unique Fit Program, which improves evaluations and offers term options with coverage ranging from $25,000 to $100,000.
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Justin Wright
Licensed Insurance Agent
Justin Wright has been a licensed insurance broker for over 9 years. After graduating from Southeastern Seminary with a Masters in Philosophy, Justin started his career as a professor, teaching Philosophy and Ethics. Later, Justin obtained both his Property & Casualty license and his Life and Health license and began working for State Farm and Allstate. In 2020, Justin began working as ...
Licensed Insurance Agent
UPDATED: Aug 18, 2025
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We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes should be easy. This doesn’t influence our content. Our opinions are our own.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.
UPDATED: Aug 18, 2025
It’s all about you. We want to help you make the right legal decisions.
We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes should be easy. This doesn’t influence our content. Our opinions are our own.
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Mutual of Omaha
20yr Term Rate/mo:
$17A.M. Best Rating:
A+Complaint Level:
MedPros
- Multiple options for no medical exam life insurance
- Affordable rates, especially for applicants with diabetes
- Variety of add-ons available, including accidental death
Cons
- No option to apply for term life insurance online
- Age restrictions on select policies in certain states
- No traditional whole life insurance policy
This Mutual of Omaha life insurance review helps families and seniors find the right life insurance by highlighting its unique Medicare supplement plans.
Mutual of Omaha Insurance Rating| Rating Criteria |  |
|---|---|
| Overall Score | 3.5 |
| Business Reviews | 4.5 |
| Claims Processing | 3.5 |
| Company Reputation | 4.0 |
| Coverage Availability | 5.0 |
| Coverage Value | 3.7 |
| Customer Satisfaction | 2.5 |
| Digital Experience | 4.0 |
| Discounts Available | 2.0 |
| Insurance Cost | 3.1 |
| Plan Personalization | 3.0 |
| Policy Options | 3.5 |
| Savings Potential | 2.1 |
It offers unique Medicare supplement insurance to cover costs beyond standard Medicare and waives medical exams on term and whole life to simplify access.
Customers report that payouts are often completed within days, thanks to a Fit Program that awards favorable points toward evaluations. Explore the best life insurance companies and how Mutual of Omaha prices by health.
- Mutual of Omaha life insurance allows loans up to 90% cash value
- Waives medical exam for term and whole life up to age seventy-four
- Fit Program awards points, improving rates for eligible healthy clients
Find affordable coverage by reading our Mutual of Omaha life insurance review and entering your ZIP code into our free quote comparison tool.
Mutual of Omaha Life Insurance Rates Overview
Mutual of Omaha life insurance rates change depending on your age, gender, and the type of policy you choose. This makes it easy to see how these factors affect your payment.
If you are younger, the cost is usually lower; however, as you get older, the premiums increase gradually. Women typically pay less than men for the same type of coverage. This detail helps families understand how these factors influence their decisions when choosing between term and whole life plans for long-lasting comfort and reassurance.
Mutual of Omaha competes strongly with the best life insurance providers, offering good rates for both term and whole policies. The cost can vary significantly among competitors; for example, Transamerica often offers lower premiums for term insurance, while Gerber tends to have higher costs for whole life insurance.
Mutual of Omaha vs. Top Competitors: Life Insurance Monthly Rates| Insurance Company | 20-Year Term | Whole Policy |
|---|---|---|
 | $17 | $102 |
 | $32 | $390 |
 | $34 | $410 |
 | $31 | $385 |
 | $36 | $455 |
 | $33 | $472 |
 | $39 | $475 |
 | $37 | $400 |
 | $38 | $435 |
 | $30 | $380 |
This comparison helps buyers to check premium differences and see the position of Mutual of Omaha among the top companies when choosing affordable and trustworthy life insurance.
Mutual of Omaha life insurance rates fluctuate significantly depending on health conditions. This helps people see how their own health situation affects the cost.
Mutual of Omaha Life Insurance Monthly Rates by Health Condition| Health Condition | 20-Year Term | Whole Policy |
|---|---|---|
| Excellent Health | $17 | $102 |
| Minor Health Issues | $21 | $120 |
| Chronic Conditions | $28 | $145 |
| Smoker | $34 | $160 |
| Advanced Age (60+) | $45 | $190 |
People who are very healthy pay much lower rates than smokers or older adults over 60 years old. If someone has chronic illnesses or minor health issues, their costs will fall between these two groups.
This summary explains how certain health risks affect the premiums for both term and whole life insurance policies. It helps you understand better so that you can choose coverage that fits your needs and health situation properly.
Read more: Whole vs. Term Life Insurance
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Customer Reviews & Ratings of Mutual of Omaha Explained
Mutual of Omaha life insurance receives high ratings from key agencies, which gives buyers confidence in its stability. A.M. Best gives it an A+ rating for its financial strength.
Mutual of Omaha Insurance Business Ratings & Consumer Reviews| Agency | |
|---|---|
 | Score: A+ Superior Financial Strength |
 | Score: A+ Excellent Business Practices |
 | Score: 76/100 Good Customer Feedback |
 | Score: 805 / 1,000 Above Avg. Satisfaction |
 | Score: 1.27 Slightly More Complaints Than Avg. |
Mutual of Omaha life insurance reviews from Consumer Reports and J.D. Power indicate that customers are generally satisfied with the company’s service. Mutual of Omaha reviews on BBB also reflect positive business practices and reliability, while Mutual of Omaha Google reviews show a mix of praise and occasional criticism.
The NAIC reports a slightly higher number of complaints than average, offering a balanced view of customer experiences with this well-known and trusted insurer.
Some are frustrated with the company’s late payments and its third-party insurance brokers. Slow payouts were a common refrain. Some people have complained online about the speed (or lack thereof) with which the company paid out their claims.
Customer service can vary. Mutual of Omaha receives generally good reviews for its customer service, but a few negative experiences can occasionally tarnish its overall reputation. Notably, many who complained about customer service often had issues with particular brokers or agents.
You also need to buy through an agent. You can start the application process online, but you will ultimately need to work through an agent to purchase a policy (unless you are getting a policy through your employer).
Customer support includes phone and online help for claims, billing, and account updates. In fact, many issues are addressed directly.
Melanie Musson Melanie Musson
Too reliant on snail mail. Mutual of Omaha still conducts a significant portion of its business by mail and cannot accept certain documentation or send your policy electronically. Explore what a life insurance beneficiary is and how Mutual of Omaha calculates benefits by health.
Mutual of Omaha Life Insurance Coverage
Mutual of Omaha offers a range of life insurance options to suit various needs at different life stages. If you want to secure your family’s finances, handle retirement expenses, or pay for final costs, their plans offer specific benefits suited to your situation. Here are the main life insurance coverages they offer.
- Term Life Insurance: This provides affordable, short-term coverage for 10, 15, 20, or 30 years, with death payouts ranging from $25,000 to $100,000.
- Whole Life Insurance: Offers coverage that lasts a lifetime with stable premiums. Benefits range from $2,000 to $25,000.
- Universal Life Insurance: This type of permanent life insurance offers flexibility and customization options. You can adjust the premiums and death benefits over time.
- Guaranteed Issue Whole Life: This plan is designed for individuals who may not qualify for approval from other life insurance plans. It does not require any medical tests and helps cover final expenses.
- Children’s Whole Life Insurance: This is a permanent policy designed for children, with premiums that remain the same for their entire life, offering protection for their lifetime.
- Accidental Death Insurance: This insurance gives benefits if death happens because of a covered accident. It is an inexpensive addition to regular life insurance.
Mutual of Omaha offers additional insurance options, beyond regular life products, to help fill certain gaps in financial security.
- Medicare Supplement Insurance: This helps cover healthcare costs that Medicare does not cover, such as copayments and deductibles.
- Long-Term Care Insurance: This helps cover the costs of care at home or in nursing facilities for older individuals who wish to remain independent.
- Disability Income Insurance: This insurance helps by providing a portion of your income if you are unable to work due to illness or injury. It makes sure you have money while getting better.
Mutual of Omaha offers a variety of life and additional insurance products, enabling families and individuals to create a personalized plan.
Whether you want to protect your income, prepare for retirement, or care for loved ones, their solutions offer specific benefits that align with what is important to you.
Mutual of Omaha Life Insurance Discounts and Savings
Mutual of Omaha provides programs and special categories that help qualified applicants save money, all while keeping good life insurance coverage.
- Fit Program: When you finish the Fit Program health questionnaire, it can help with better underwriting and reduce premiums for those who have good wellness profiles.
- Non-Smoker Rating: Applicants who do not use tobacco pay much less in premiums compared to smokers. This is because lower health risks are taken into account when calculating the insurance costs.
- Healthy Lifestyle Classification: Individuals with excellent health, a normal weight, and stable vital signs may be eligible for better rates. These rates can often be 10–20% less than the regular ones.
- Multi-Product Discount: Bundling life insurance with another product from Mutual of Omaha can help lower costs. This happens through combined billing or loyalty rewards.
These savings demonstrate Mutual of Omaha’s appreciation for healthy living and loyal customers. Speak with an agent to determine which discounts are most suitable for you.
Discover more by reading our guide: What is a modified endowment contract (MEC)?
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Why You Should Consider Mutual of Omaha
The company offers helpful customer service and competitive rates. It comes through for customers in tough times. The most favorable customer reviews praised Omaha for its knowledgeable customer service. They also praised Omaha for its fast and seamless payouts when a family member passed away. Omaha’s most ardent fans say their policies were paid out anywhere from a couple of days to a month.
Good rates on life insurance policies. Customers also praised Omaha for the rates it offered on whole life and term life policies. With this in mind, they noted that they might sometimes like a little more flexibility on those rates and terms.
Coverage across America. Unlike some of its competitors (State Farm, for instance), Mutual of Omaha offers its products in all 50 states. No medical exam needed. The company has eliminated the medical exam requirement for term life insurance and whole life products. Keep in mind its universal life insurance may still require one, depending on the individual.
Better rates for non-smokers. Mutual of Omaha is also known for offering competitive rates to individuals who’ve experienced heart attacks, strokes, or other medical conditions. The only thing it really frowns upon is tobacco use.
And receive an additional discount if you’re in good health. Depending on the broker you use, you may be able to complete a Mutual of Omaha Fit Program questionnaire, which can result in more favorable points toward your evaluation. Explore what a life insurance annuity is and how Mutual of Omaha rates vary with health risks.
Competitor of Mutual of Omaha Life Insurance
State Farm remains a significant competitor to Mutual of Omaha, offering similar products and a slightly larger market share. Mutual of Omaha has a good reputation, but it’s wise to consider different options to determine what best suits your needs. State Farm excels in customer service, consistently earning high scores from J.D. Power.
Competitors like Prudential offer larger policy limits for high-net-worth clients. For example, $10M term options aren’t rare.
Jeff Root Licensed Insurance Agent
Mutual of Omaha insurance gets more average ratings for its service. Both companies offer a range of insurance options, including life insurance, long-term care insurance, and Medicare supplemental insurance. However, State Farm does not offer an online tool to obtain quotes, and it is not available in every state, such as Massachusetts and New Jersey, which are excluded.
The Top Question About Mutual of Omaha Right Now
How do I choose a life insurance company? You may already have an idea of which insurance company you want to work with, but it’s smart to shop around. Don’t go straight to the insurance company; instead, find a local, independent insurance agent who works with multiple insurance companies.
In fact, you have to work through an insurance agent to purchase a Mutual of Omaha policy. This can be challenging because there are surprisingly few online resources, not affiliated with specific companies, that serve as a database of independent insurance agents.
If you allow location-sharing on your internet browser, Mutual of Omaha will automatically show you the three closest agents or brokers who sell its products when you visit. Another resource you may want to consider is the National Association of Insurance Commissioners, an organization of state insurance regulators dedicated to promoting consumer protection.
It includes a primer on life insurance shopping and choosing an agent, as well as a map of state insurance regulators, in case you have a serious complaint or problem. Your state insurance regulator may also have a list of insurance agents in your area.
Just as the average consumer shopping for a car may not know precisely how an engine works, the average consumer shopping for life insurance may also need some expert advice in this area.
Six Things the Right Insurance Agent Will Do for You
As you move forward with your insurance needs, you should know how to pick a life insurance agent. Who you choose is almost as important as the company you end up buying insurance from.
A good agent will:
- Understand your needs, income, and risk before offering advice
- Explain choices clearly without jargon for your situation
- Guide you patiently without pressure to decide confidently
- Be properly licensed through your state’s insurance department
- Share how many years they’ve been serving in the insurance field
- Provide client references openly when you ask for them directly
One easy way to work with a reputable agent is to ask your friends, family, and colleagues for advice on who to hire. If someone loves an agent and can tell you why, then Mutual of Omaha is a good company to consider as your provider.
Learn more: The Life Insurance Guide
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Mutual of Omaha Key Digital Services
It’s hard to evaluate Mutual’s digital options. Mutual of Omaha offers an online account interface that allows you to pay your bill, modify your billing options, and view your Medicare supplement Explanation of Benefits. They make comparison shopping easy. Mutual of Omaha has a sophisticated calculator on its website to help you figure out how much insurance coverage you need and what it will cost you on a monthly basis.
You don’t have to call up an agent to get a quote, which is super helpful and relatively rare. Mutual of Omaha also automatically displays the nearest independent agents and brokers when you visit its online site. Discover one quote that convinced me to get life insurance and see how Mutual of Omaha rates vary by health.
Its app is okay for Android users. Mutual of Omaha’s mobile app has 3.7 out of 5 stars in the Google Play store and an average of three stars among nine ratings in the Apple store. With the mobile app, you can check balances, deposit or transfer funds, and pay bills.
Mutual of Omaha as a Long-Term Insurance Solution
Mutual of Omaha isn’t the largest life insurer in the U.S., but it’s a long-established company with a good reputation for customer service, making it worth your consideration. It’s challenging to make direct comparisons between insurance companies here because rates can vary significantly depending on an individual’s location and needs.
Mutual of Omaha LTCI offers flexible benefit periods (e.g., 2–5 years, with some longer) and emphasizes benefits for care at home, enabling aging in place.
Michelle Robbins Licensed Insurance Agent
However, with a free online quoting tool and a nationwide network of independent agents and brokers, Mutual of Omaha makes comparison shopping easy. Learn how Allianz became the world’s largest insurer and how Mutual of Omaha compares on health-based rates.
Additionally, selecting the right agent or broker to do business with is crucial for a positive experience with Mutual of Omaha. Discover the Mutual of Omaha reviews for the best rates by entering your ZIP code into our free comparison tool today.
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Frequently Asked Questions
What do Mutual of Omaha reviews and complaints commonly mention?
Mutual of Omaha complaints and reviews often highlight the company’s positive customer service and prompt claim payouts, although some customers report delays in payments and inconsistent experiences with agents. Understand what is universal life insurance and why Mutual of Omaha reviews note its adjustable coverage options.
Where can the Mutual of Omaha life insurance rate chart be viewed?
The Mutual of Omaha life insurance rate chart is typically provided by licensed agents or available through a personalized quote request on the company’s official website.
How does the Mutual of Omaha login work for policyholders?
The Mutual of Omaha login enables policyholders to access their accounts online, view policies, pay premiums, and manage beneficiary information securely.
What do Mutual of Omaha mortgage reviews say about their lending services?
Mutual of Omaha mortgage reviews describe solid customer service and competitive rates, but occasionally cite slower processing times compared to larger lenders.
What is the phone number for Mutual of Omaha auto insurance customer service?
The Mutual of Omaha auto insurance phone number for customer inquiries is 800-775-1000, which connects to their general customer service department. See why comparing plans and getting an insurance plan that works for you is easier with reliable customer service.
Does Mutual of Omaha offer term life insurance policies with no medical exam?
Mutual of Omaha term life insurance offers no-medical-exam policies for certain coverage amounts and eligible applicants, simplifying the approval process.
How can a Mutual of Omaha long-term care quote be requested?
A Mutual of Omaha long-term care quote can be requested online through their website or by speaking directly with a licensed Mutual of Omaha agent.
Is Mutual of Omaha a good Medicare supplement provider?
Mutual of Omaha is considered a good Medicare supplement provider, offering competitive monthly rates, nationwide availability, and strong financial ratings.
Is United of Omaha Life Insurance a good company?
United of Omaha Life Insurance, a subsidiary of Mutual of Omaha, is a good company with A+ ratings from A.M. Best and reliable customer service. Compare a Colonial Life insurance review and see how United of Omaha stands as a reliable life insurance provider.
What do Mutual of Omaha disability reviews say about their coverage?
Mutual of Omaha disability reviews highlight affordable monthly premiums and flexible policy options, although some mention slower claims processing times.
What do Mutual of Omaha Medicare supplement plans reviews typically highlight?
Mutual of Omaha Medicare supplement reviews often praise competitive pricing and broad state availability, with some noting occasional administrative delays. Compare Mutual of Omaha insurance reviews by entering your ZIP code into our free quote comparison tool.
Justin Wright
Licensed Insurance Agent
Justin Wright has been a licensed insurance broker for over 9 years. After graduating from Southeastern Seminary with a Masters in Philosophy, Justin started his career as a professor, teaching Philosophy and Ethics. Later, Justin obtained both his Property & Casualty license and his Life and Health license and began working for State Farm and Allstate. In 2020, Justin began working as ...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.
