2025 Mutual of Omaha Burial Insurance (Rates, Features, and Costs)
Written by Daniel Ray, Life Insurance Expert | ✅ Fact Checked by 
Lisamarie Monaco | Editorial Disclosure Above all, Planning for final expenses is an essential part of financial preparedness, ensuring your loved ones are protected from financial burdens. Mutual of Omaha burial insurance may be the one for you!
Mutual of Omaha’s Living Promise Whole Life Insurance offers reliable, affordable coverage with fixed premiums and guaranteed lifetime benefits, making it an ideal solution for individuals aged 45 to 85.
This comprehensive 2025 review explores the features, rates, and benefits of Mutual of Omaha’s burial insurance policies, helping you make an informed decision about covering funeral costs, medical bills, and other end-of-life expenses.
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 years waiting period if you qualify.
Read on to see what Mutual of Omaha offers.
What is Mutual of Omaha Burial Insurance?
Mutual of Omaha burial insurance, part of their Living Promise Whole Life Insurance series, is a permanent life insurance product tailored for final expenses.
It provides lifelong coverage with fixed premiums, cash value accumulation, and simplified underwriting.
Policy Options
| Plan Type | Details |
|---|---|
| Level Benefit Plan |
|
| Graded Benefit Plan |
|
Key Features
- Simplified application with no medical exam required.
- Fixed premiums for predictable costs.
- Lifetime coverage with cash value accumulation for financial flexibility.
*Ballpark Quote
“Mutual of Omaha Burial Insurance Features”
Mutual of Omaha Burial Insurance Rates
The cost of burial insurance depends on several factors, including age, gender, smoking status, and the selected coverage amount.
Below are sample monthly premiums for:
- $10,000, $25,000, and $50,000 Level Benefit Plan,
- $10,000. $15,000, and $20,000 for Graded Plan.
Living Promise Level (Immediate)
Female Rates
| Age | $10,000 | $25,000 | $50,000 |
|---|---|---|---|
| 45 | $22.61 | $51.71 | $100.21 |
| 50 | $24.31 | $55.96 | $108.71 |
| 55 | $27.71 | $64.46 | $125.71 |
| 60 | $32.87 | $77.36 | $151.52 |
| 65 | $41.01 | $97.72 | $192.24 |
| 70 | $53.24 | $128.29 | $253.38 |
| 75 | $72.41 | $176.22 | $349.24 |
| 80 | $98.43 | $241.28 | $479.35 |
| 85 | $135.90 | $334.95 | $666.70 |
Male Rates
| Age | $10,000 | $25,000 | $50,000 |
|---|---|---|---|
| 45 | $27.11 | $62.97 | $122.73 |
| 50 | $30.68 | $71.89 | $140.58 |
| 55 | $35.95 | $85.06 | $166.92 |
| 60 | $43.76 | $104.60 | $205.99 |
| 65 | $56.48 | $136.39 | $269.58 |
| 70 | $74.61 | $181.72 | $360.23 |
| 75 | $99.97 | $245.13 | $487.05 |
| 80 | $139.73 | $344.52 | $685.83 |
| 85 | $192.74 | $477.04 | $950.88 |
Source: InsuranceToolKits
Graded Benefit Plan Rates (1-2 yr ROP+ 10%, 100% Thereafter)
Slightly higher premiums due to the graded benefit structure for natural death during the first two years if any of these questions on the applciation is answered YES!
Part Two – Health Questions
6. Has the Proposed Insured ever:
- (i) Been diagnosed with, (ii) received treatment for, or (iii) been advised by a member of the medical profession to seek treatment for:
- (a) Diabetes before age 45?
- (b) Diabetes at any age with complications or history of Retinopathy (eye), Nephropathy (kidney), Neuropathy (nerve), Peripheral Vascular Disease (PVD or PAD), Coronary Artery Disease (CAD), or Stroke?
- (c) Hepatitis C?
- (d) Chronic Lung Disease, including Chronic Obstructive Pulmonary Disease (COPD), Chronic Bronchitis, Emphysema, or Sarcoidosis?
7. In the past 4 years, has the Proposed Insured:
- (i) Been diagnosed with, (ii) received treatment for, or (iii) been advised by a member of the medical profession to seek treatment for:
- (a) Cancer, Leukemia, Melanoma, or any other internal cancer (except basal or squamous cell skin cancer)?
- (b) Chronic Kidney Disease, Systemic Lupus, or Scleroderma?
- (c) Bipolar Depression, Schizophrenia, Parkinson’s Disease, or Multiple Sclerosis?
8. In the past 2 years, has the Proposed Insured:
- (i) Been diagnosed with, (ii) received treatment for, or (iii) been advised by a member of the medical profession to seek treatment for:
- (a) Coronary Artery Disease, Heart Attack, Coronary Artery Bypass Surgery, Angioplasty, Cardiomyopathy, irregular heart rhythm, or Valvular Heart Disease with surgical repair or replacement?
- (b) Stroke or Transient Ischemic Attack (TIA)?
9. In the past 2 years, has the Proposed Insured:
- (a) Been convicted of or currently awaiting trial for a felony?
- (b) Been treated for or advised by a member of the medical profession to have treatment for alcohol or drug abuse, convicted of driving under the influence of drugs or alcohol, or convicted more than once of reckless driving?
- (c) Used unlawful drugs in any form (other than marijuana) or abused or misused prescription drugs?
10. In the past 2 years:
- Has the Proposed Insured been hospitalized by a member of the medical profession for any mental or nervous disorder?
11. In the past 12 months:
- Has the Proposed Insured been diagnosed or treated by a member of the medical profession for chronic cough, unexplained weight loss greater than 10 pounds, fatigue, or unexplained gastrointestinal bleeding?
Graded Rates for Female & Male
Female
| Age | $10,000 | $15,000 | $20,000 |
|---|---|---|---|
| 45 | $27.77 | $41.12 | $54.47 |
| 50 | $30.22 | $44.79 | $59.36 |
| 55 | $37.29 | $55.40 | $73.51 |
| 60 | $42.51 | $63.23 | $83.95 |
| 65 | $49.93 | $74.36 | $98.79 |
| 70 | $63.87 | $95.27 | $126.67 |
| 75 | $88.47 | $132.17 | $175.86 |
| 80 | $125.67 | $187.97 | $250.27 |
Male
| Age | $10,000 | $15,000 | $20,000 |
|---|---|---|---|
| 45 | $36.31 | $53.93 | $71.56 |
| 50 | $40.10 | $59.61 | $79.12 |
| 55 | $45.35 | $67.48 | $89.62 |
| 60 | $56.87 | $84.77 | $112.67 |
| 65 | $68.44 | $102.13 | $135.81 |
| 70 | $86.69 | $129.50 | $172.30 |
| 75 | $113.21 | $169.28 | $225.35 |
| 80 | $156.82 | $234.69 | $312.57 |
Source: InsuranceToolKits
*Ballpark Quote
Who Should Consider Mutual of Omaha Burial Insurance?
Ideal Policy Candidates
- Seniors aged 45–85: This policy is perfect for those seeking guaranteed acceptance and fixed premiums.
- Funeral and burial expense coverage: Designed for individuals who want to cover these costs without burdening their families.
- No-medical-exam policy seekers: Ideal for those looking for flexibility with optional riders for added protection.
Benefits of Choosing Mutual of Omaha
Mutual of Omaha is a trusted name in insurance, with over 50 years of experience protecting families. Their Living Promise Burial Insurance stands out for:
- Affordable Premiums: Competitive rates for various coverage amounts.
- Flexibility: Options for level or graded benefits to suit individual needs.
- Optional Riders:
- Accelerated Death Benefit Rider for terminal illness or nursing home confinement.
- Accidental Death Benefit Rider for additional coverage.
*Ballpark Quote
Pros and Cons of Living Promise
Pros and Cons of the Policy
Pros
- Within the lowest rates
- Coverage amounts up to $50,000
- Optional accidental death rider
- Level policy is immediate without a waiting period
- Liberal underwriting
- Insulin diabetics welcome
- Apply ages are 45-85
- Applications are simple and efficient
- Approval within 1-5 days
- A+ Superior rating with A.M. Best
- Client portal for easy access to your policy
- Hard copy and email options for policy delivery
- Multiple beneficiaries as long as it adds up to 100%
Cons
- If you live in New York, this policy is not available
- Graded policy (2-year waiting period) for diabetic complications, HEP C, COPD
- Random phone interviews to confirm health concerns
- Must have a bank account
- Direct Express not accepted
- Graded with diabetes before age 45 diagnosis
Alternatives to Mutual of Omaha Burial Insurance
While Mutual of Omaha offers excellent burial insurance options, you may want to compare:
- Other Burial Insurance Providers:
- Companies like AETNA, SBLI, and Gerber Life offer similar guaranteed acceptance policies.
- Compare premiums, benefits, and riders.
- Prepaid Funeral Plans:
- Prepaying funeral expenses directly with funeral homes locks in today’s prices but lacks the flexibility of insurance.
- Savings Accounts:
- Setting aside funds in a dedicated account for final expenses can provide an alternative.
Related Articles
FAQ Section
Mutual of Omaha offers burial insurance through its Living Promise Whole Life Insurance policy. This whole life insurance plan provides a death benefit intended to cover end-of-life expenses, such as funeral and burial costs, ensuring financial support for your loved ones during a difficult time.
Coverage Amounts: Policies offer coverage ranging from $2,000 to $40,000, depending on eligibility and state regulations.
Fixed Premiums: Premiums remain level throughout the life of the policy, ensuring consistent payments.
No Medical Exam: Applicants are not required to undergo a medical examination; eligibility is determined based on answers to health questions.
Cash Value Accumulation: The policy builds cash value over time, which can be accessed through policy loans if needed.
Age: Applicants between 45 and 85 years old (50 to 75 in New York) are eligible.
Health: Acceptance is based on answers to health questions; no medical exam is required.
Premiums vary based on factors such as age, gender, health status, and the selected coverage amount. For example, a $25,000 policy for a 50-year-old male may cost approximately $71.89 per month, while the same policy for a 50-year-old female may be around $55.96 per month.
The Level Benefit Plan offers immediate coverage with the full death benefit available from day one. In contrast, the Graded Benefit Plan includes a two-year waiting period, during which a reduced benefit is paid for non-accidental deaths.
Yes, Mutual of Omaha’s burial insurance does not require a medical exam. Eligibility is determined based on responses to health questions on the application.
Call us at 855-380-3300 and Danny or Lisamarie can assist. We will assist in:
Complete the Application: Provide necessary personal information and answer health-related questions.
Select Coverage Amount: Choose a coverage amount that aligns with your needs and budget.
Submit the Application: The agent will submit your application for underwriting review.
Financial Stability: Mutual of Omaha has a strong financial reputation, ensuring reliability.
Flexible Coverage Options: Offers a range of coverage amounts to suit various needs.
Simplified Application Process: No medical exam required, with straightforward health questions.
Additional Riders: Options like accelerated death benefit riders for terminal illness or nursing home confinement are available on certain plans.
Yes, the policy accumulates cash value over time, which policyholders can access through loans or withdrawals, providing financial flexibility if needed.
Mutual of Omaha’s burial insurance is available in most states; however, specific product availability and features may vary by state. It’s advisable to consult with a licensed agent to understand the options in your area.
Conclusion
Mutual of Omaha’s Living Promise Whole Life Insurance is a trusted and affordable solution for burial insurance.
With flexible coverage options, fixed premiums, and optional riders, it’s designed to provide financial security and peace of mind. Ready to plan for your future and protect your loved ones?
Start comparing policies today.
“Compare Mutual of Omaha Burial Insurance Policies Today!”
*Ballpark Quote
