January, 22 2018


Life insurance reviews, news and prices from the top companies

Mutual of Omaha Life Insurance Review

Mutual of Omaha Life Insurance Review

  • Price
  • Underwriting
  • Financial Strength

Mutual of Omaha Life Insurance Review 2016

Pros: Rates– Mutual of Omaha (United of Omaha) often has the lowest rates in the entire country for term life insurance in 2016. Size– Mutual of Omaha is a Fortune 500 company with total assets of $31 billion.  History and Stability– Mutual of Omaha was founded in 1909 and has an A+ (Superior) financial rating from A.M. Best in 2016. Underwriting– Mutual of Omaha has favorable underwriting in many categories including cholesterol and blood pressure.  Blood Pressure– Mutual of Omaha Life Insurance Company allows the best rate class, Preferred Plus, even if you’re taking blood pressure medication if your blood pressure is well controlled with ages 18-55 average reading 135/85 or better and age 56 and older 140/85. Cholesterol– Mutual of Omaha allows a total cholesterol of 300 or less with an hdl rate of 4.5 or less with or without medication. Website– Mutual of Omaha’s website is very user friendly and allows visitors to easily receive instant quotes on term and whole life insurance.  Brand Recognition- Mutual of Omaha is a well-known and trusted life insurance company in America with many people remembering their name as the sponsor the Wild Kingdom TV show.

Cons:  There aren’t too many cons with this company.

Bottom Line:  Mutual of Omaha is a Fortune 500 mutual life insurance company with a superior financial rating from A.M. Best that has been in business for over a century. In 2016, United of Omaha has some of the best prices on term life insurance in the entire country.  With favorable underwriting and a name you can trust, we recommend that you receive a quote from Mutual of Omaha and from the other top life insurance companies as well and choose the best one for you.


Type: Mutual Company

Issued by: United of Omaha Life Insurance Company

Founded: 1909

Website: www.mutualofomaha.com

Phone: (800) 931-7105

Address: Mutual of Omaha Plaza, Omaha, Nebraska 68175

A.M Best Rating 2016: A+ (Superior) Second highest of 16 possible ratings

Comdex Ranking: 92 out of 100

BBB Rating: A+

Competitors: New York Life, Northwestern Mutual, Mass Mutual, John Hancock, Principal, State Farm, Allstate, Ohio National Life, AIG, Banner Life, Protective Life, Primerica, State Farm, USAA, Genworth Life, Pacific Life Insurance, North American Co, Lincoln National Life, ING-ReliaStar, Transamerica, OneAmerica, Prudential.


Mutual of Omaha Term Life Insurance Prices 2016 Comparison Chart

Sample monthly prices for $500,000 20 year term life insurance policy for a 40-year old male (D.O.B. 6/15/1975) at the best health class:

Company Price Rating

Mutual of Omaha: $33.47 A+

Protective Life: $33.03 A+

AIG: $33.65 A

SBLI: $35.58 A+

Banner Life: $36.30 A+

MetLife: $36.81 A+

TIAA-CREF Life: $38.15 A++

Voya: $39.38 A

Nationwide: $40.05 A+

Transamerica: $40.86 A+

AXA Equitable: $41.06 A+

Lincoln National: $41.13 A+

Guardian: $43.34 A++

Prudential: $43.65 A+

State Farm: $45.70 A++

MassMutual: $46.11 A++

Primerica: $47.98 A+

New York Life: $53.84 A++