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Mutual of Omaha Life Insurance has always been a trusted name in the insurance game. This company is one of the oldest life insurance providers in America, with roots dating back to 1909.
Their longevity and success are due to their dedication to putting customers first; they offer great customer service, low prices on quality products, and more than 115 years of experience.
Mutual of Omaha will be around for many more generations to come!
Although you may have read many final expense Insurance Reviews, we hope you get some insight on Mutual of Omaha burial insurance review coverage from our point of view.
You will find that Mutual of Omaha living promise is one of the best burial insurance and/or final expense insurance options on the market with approval coming with a few health questions, no medical exam, and no waiting period if you qualify.
- Is Mutual of Omaha a Good Insurance Company
- What Kind of Insurance Does Mutual of Omaha Sell?
- How Is Mutual of Omaha Life Insurance for Seniors
- Mutual of Omaha Living Promise
- Mutual of Omaha Burial Insurance Rates
- What Conditions Does Living Promise Cover as A Niche
- Mutual of Omaha Term Life Insurance Options
- Guaranteed Advantage
- Mutual of Omaha Critical Illness Insurance
- United of Omaha Life Insurance Company Phone Number
- Mutual of Omaha Payment
- Life Insurance Claims
- Mutual of Omaha Producer Login
Is Mutual of Omaha a Good Insurance Company
Before we start discussing United of Omaha life insurance reviews let’s bring you back in time!
Above all, if you are a senior and the name United of Omaha life or Mutual of Omaha whole life insurance policy or final expense insurance does not ring a bell, then this should be familiar.
Mutual of Omaha Wild Kingdom Theme Song
If you watched TV in the 1960s, 1970s, & 1980s then you probably remember the American Documentary television program that featured wildlife and nature.
If you are wondering who was the host of Wild Kingdom it was Marlin Perkins. The show was narrated by Marlin Perkins until Perkins retired in 1985.
He later died on June 14, 1986, at the age of 81.
So I hope this brought you, seniors, back to memory lane because I am sure this TV show was something that you watched with family, kids, and maybe grandkids.
Ok, now that you remember who they are, let’s get down to the real reason why you are here…
Just How Good Is a Mutual of Omaha Life insurance Policy!
In 2021, most people are not even close to being able to retire. In fact, nearly 50% of Americans have less than $10k saved for retirement. The only way you can guarantee that your family will be taken care of in the future is by getting final expense life insurance now.
This final expense Insurance policy they offer has been a leader in providing affordable coverage and protection for over 100 years. They offer a variety of different types and levels of coverage so that you can find what’s right for you and your situation.
Best yet, they’re backed by the strength and stability of one of America’s largest companies with over 150 years of operating history! Overall, making Mutual of Omaha one of our best burial insurance carriers.
What Kind of Insurance Does Mutual of Omaha Sell?
Well, this is a great question. However, it should not be asked as to what kind but more like what insurance doesn’t Mutual of Omaha not sell?
Besides final expense insurance or burial insurance for Seniors, Mutual of Omaha pretty much has every product you are looking for when you are looking for life insurance.
In fact, some of these can be issued same-day coverage with no waiting period. Here are some of the products that they specialize in:
- Children’s Whole Life (No Medical Exam)
- Critical Advantage (Heart Attack, Stroke, Cancer Policies up to age 89)
- Guaranteed Advantage (Accidental Death, up to age 70)
- Guaranteed Universal Life Express (No Medical Exam up to age 70)
- Living Promise (Final Expense Product) No Medical Exam, No Waiting Period
- Long Term Care (Up to age 79)
- Medicare Supplements (Ages 65-99)
- Priority Income Protection (Ages 18-61)
- Term Life Answers (Ages 18-80)
- Term Life Express (Ages 18-70) No Medical Exam
In this article, we will primarily focus on YOU, the senior, and the products that matter most to you.
How Is Mutual of Omaha Life Insurance for Seniors
Now that we went over what kind of insurance does Mutual of Omaha sell, let us talk about which products mean the most to the senior’s funeral insurance for ages 65 to 85. The key here is funeral plans for those over 65.
For example, Mutual of Omaha insurance for seniors will consist of their final expense product, critical care, medicare supplements, and long-term care products.
We will focus more on Mutual of Omaha final expense product as you came to this article for that reason. In addition, if you are looking for burial insurance or final expense for parents you will want to pay close attention to this article.
Get the low down on burial insurance quotes for seniors with Mutual of Omaha Final Expense Insurance with no waiting period!
Mutual of Omaha Living Promise
Mutual of Omaha Burial Insurance (Living Promise) aka United of Omaha Burial Insurance
When looking for a final expense insurance product there is nothing better than Mutual of Omaha Final Expense with Living promise. The death benefit is guaranteed level in addition to the premium payments. Above all, you can be rest assured that you are in the top quality final expense product that will cover funeral expenses.
Here is what the Living promise final expense policy offers:
Level Benefit Plan:
- For Ages 45-85
- Face amounts from $2,000 to $40,000 (in WA, $5,000 to $40,000)
- Accelerated Death Benefit for Terminal Illness or Nursing Home Confinement
- Optional: Accidental Death Benefit Rider
- No Waiting Period
- Generates Cash Value
Graded Benefit Plan:
- For ages 45-80 (in NY, 50-75)
- Face amounts from $2,000 to $20,000 (in WA, $5000 – $20,000)
- This policy contains a graded premium life insurance benefit meaning that for death due to natural causes (any cause other than accidental) during the first two years, the beneficiary will receive all premiums paid plus 10 percent. After the two years, the full benefit is paid for death due to all causes. Full benefits will be paid to take care of final expenses, in all years, if death results from an accidental bodily injury.
- Generates Cash Value
- We offer competitive premiums that fit many budgets
- Simplified underwriting. No medical exams – coverage is based on your answers to a few simple health questions.
- A great product with a strong brand and from a stable and secure company that you know
As an independent national agent with clients in every state, Mutual of Omaha is my #1 carrier. They are pretty lenient with underwriting as long as we are very detailed on the application.
In addition, United of Omaha graded benefit whole life insurance is among the best priced graded policies, especially for tobacco users.
Mutual of Omaha Burial Insurance Rates
What about Mutual of Omaha final expense insurance rates? Above all, Mutual of Omaha life insurance company has the most affordable rates especially when it comes to their final expense life insurance product.
Again, with this product, you can get coverage from ages 45-85 in most states. Here is a sample of rates for the level of benefit for a male ages 45-85 and a death benefit of $15,000.
We picked this because it will cover any burial and cremation. (See below for the Mutual of Omaha final expense quotes with our Mutual of Omaha Quoting Tool)
Mutual of Omaha whole life insurance calculator for Living Promise
|Age (Male)||Face Amount||Monthly Premium||Annual Premium||Do I Qualify|
What Conditions Does Living Promise Cover as A Niche
Mutual Of Omaha Burial insurance for those with pre-existing medical conditions is finally available! Conditions like:
- Ankylosing Spondylitis, Mutual of Omaha Burial Insurance (Living Promise), Level (no waiting period).
- Diabetes diagnosed 50 and over, Mutual of Omaha Burial Insurance (Living Promise), Level (no waiting period).
- Seniors with Atrial Fibrillation and on blood thinners, Mutual of Omaha Burial Insurance (Living Promise), Level (no waiting period).
- If you have been diagnosed with cancer and treatment stopped 4+ years ago, Mutual of Omaha Burial Insurance (Living Promise), Level (no waiting period).
- Stroke over two years ago, Mutual of Omaha Burial Insurance (Living Promise), Level (no waiting period).
In addition to Mutual of Omaha, another great carrier for these health impairments are Royal Neighbors of America.
Best Burial Insurance Companies For Diabetics · Royal Neighbors of America · Mutual of Omaha.
If you need a Guaranteed Issue due to diabetic complications then AIG Guaranteed Issue ~ No health questions asked will be the best option. They come with living benefits and you can access up to 50% of the death benefit without passing away.
The living benefits cover terminal illness and critical/chronic illness and accumulate cash value.
Overall, Mutual of Omaha final expense insurance is still the Cadillac of burial insurance policies paying the death benefit faster than anyone.
In fact, you need quality to have the security of the death benefit to be paid out in a fast and reasonable time.
Above all, making them the best insurance company for final expense life insurance and permanent life insurance coverage.
They are still our pick for whole life insurance policies.
Beware Of These Carriers When Looking For Burial Insurance
Overall, if you are healthy and shopping for burial insurance there are a few you need to stay away from. In fact, these are the types of policies that have paid spokesman and clutter your mailbox with junk mail.
Furthermore, you will never see a reputable company advertise on a large scale. So if you see it a lot it’s probably not that good. Below are the final expense insurance companies you need to stay away from.
Burial insurance companies such as GLOBE life expires at 80 when you need it the most. Save yourself some time and call us to put you in a real lifetime policy.
Another final expense or burial insurance company you need to keep the distance from is Colonial Penn, they have a plan that costs under 10 bucks, which is a unit. This plan’s coverage decreases every year you get older. In the end, your family winds up with almost nothing.
Other burial insurance carriers such as AARP (Marketing company) and Lincoln Heritage with the bogus Funeral Advantage. Stay away from these final expense companies as well.
Mutual of Omaha Term Life Insurance Options
The term life insurance policies offered by Mutual of Omaha are a great way to be protected in case something happens. They have features and characteristics that will work for your needs, so they’re worth checking out!
Available term periods are 10, 15, 20, or 30 years. Level-type premiums are guaranteed with coverage amounts starting at $100K for applicants aged 18 – 80!
Online estimates can be obtained but a policy has to be purchased through an agent in person. In addition, Mutual of Omaha fully underwrites their policies until they convert into any permanent option that best suits your needs!
Overall, burial insurance coverage is a great option for those who want to protect themselves and their loved ones, without having the hassle or cost associated with purchasing full coverage.
Term policies offer peace of mind knowing that final expenses will be paid in one go by default–though beneficiaries may purchase an immediate annuity if they wish; this would provide installment payments over time instead. Online estimates are also available!
Life insurance coverage is a complicated and often forgotten topic for many people. Mutual of Omaha offers an easy-to-understand term life plan that provides tax-free death benefits as well as other riders such as waiver premiums, accidental death benefits, or children’s riders to help you cover those important moments in your family’s lives with peace of mind!
They also offer a terminal illness rider or what is known as an accelerated death benefit rider.
What is Mutual of Omaha’s guaranteed advantage?
Is accidental death insurance worth it? Yes! Depending on your occupation like being a truck driver, working on an oil rig. Above all, you can purchase this up to age 70 with a maximum face amount of $500k.
In addition, Mutual of Omaha guaranteed advantage ROP is an accidental policy that offers a return of premium. So there is nothing wrong if you get all your premiums back if you hold the policy long enough.
However, although getting your money back sounds good, you lose 3.5% a year with inflation.
Also remember, seniors’ funerals cover for the life of the policy! Of course, unless you win the lotto and do not need the coverage any longer!
Mutual of Omaha Critical Illness Insurance
Critical illness insurance is a great way to protect yourself from the financial burden that comes with being diagnosed with serious illnesses.
With policies like these, there are many covered conditions and they can help provide peace of mind when things go wrong at work or home.
This type of coverage pays out if the insured person is diagnosed with any covered illness such as cancer, dementia or heart attack, and stroke. So they don’t have to worry about their medical bills or other expenses related to that ailment.
It also offers disability benefits in addition as well as a death benefit which could come into play when an individual passes away due not only from the critical condition but also because it’s hard on those left behind financially without someone providing income towards household responsibilities such as food, shelter, childcare etcetera!
A Critical Illness insurance policy may be the ideal solution for those who are worried about covering their high deductible health care coverage.
If you happen to be an owner of a small business, it’s important that your operations don’t go under when an illness or treatment keeps you from working temporarily. The peace of mind offered by this type of protection is worth looking into!
United of Omaha Life Insurance Company Phone Number
Mutual of Omaha Life Insurance phone number: 1 (800) 228-7104
Customer access: United of Omaha’s final expense information.
Access is easy if you want to manage your account: http://www.mutualofomaha.com/
Mutual of Omaha address: Mutual of Omaha Insurance Company, 3300 Mutual of Omaha Plaza, Omaha, Nebraska 68175United States
Mutual of Omaha Payment
How do I pay my Mutual of Omaha bill online?
Bills updated information review, please CLICK HERE. This is an easy way to manage your account.
If you are looking to: pay bills update information call: (800) 775-6000.
Life Insurance Claims
Mutual of Omaha life insurance claims is a company that can be trusted with the protection and financial stability it provides for your family. They ensure you have enough to live on in the event something happens, such as death or disability.
How do I file a claim with Mutual of Omaha? Call (800) 775-1000.
To request a Mutual of Omaha death benefit claim form, call (877) 894-2478.
Mutual of Omaha claims address:
Mutual of Omaha Insurance Company, 3300 Mutual of Omaha Plaza, Omaha, Nebraska 68175 United States
Mutual of Omaha Producer Login
For Mutual of Omaha independent agents, sign in to the agent portal, CLICK HERE.
Mutual of Omaha phone number for producers: (800) 475-4465.
Mutual of Omaha agent support phone number: (800) 775-7896.
Mutual of Omaha is one of the top companies in the life insurance industry for final expense.
They’ve been around for over a century and are trusted by millions of Americans to provide peace of mind with their products, which include universal life insurance, whole life insurance, final expense whole life, term life insurance, and medicare supplements.
If you want more information on any of these policies or would like help choosing what type may be best for your specific situation, just fill out our quick quote form here and get connected with an expert today!
For a Mutual of Omaha life insurance final expense quote today, fill out the form to the right.