Mutual of Omaha was founded in 1909 and is headquartered in Omaha, Nebraska.
You may recognize the Mutual name through its Wild Kingdom television series.
As a Fortune 500 company,
Mutual of Omaha and its subsidiary United of Omaha are great life insurance companies to consider.
Ratings as of 05/2021 and subject to change
Life insurance policies are underwritten by United of Omaha Life Insurance Company.
United offers a number of underwriting options depending on the product you choose.
The Fit Underwriting Credit Program provides opportunities for individuals who have mild health impairments.
Individuals who would normally receive a table rating may receive credits that lower the rate.
For example, if you meet some of the following medical and lifestyle characteristics,
you may receive life insurance underwriting credits.
Medical Examples include:
Lifestyle Examples Include:
Life insurance policies by United of Omaha include “fully underwritten” and “simplified issue” policies.
The basic difference between fully underwritten and simplified issue is that fully underwritten is less expensive,
But requires you to complete a paramed exam…simplified issue does not.
Term Life Answers is a fully underwritten term policy.
The policy offers competitive pricing, and offers the following features and benefits:
Income Advantage IUL is fully underwritten by United of Omaha.
This policy offers the potential for greater cash value accumulation than other IUL policies by United.
IUL competitors include Equitable, Lincoln National, AIG, etc.
Benefits and Features include:
This policy offers affordable life insurance with longer no-lapse guaranteed death benefits.
Benefits and features of this policy include:
With any permanent life insurance policy, especially indexed universal life,
It is important for you to receive the full life insurance illustration.
The illustration provides information to you such as
Living Promise is a whole life insurance policy from United of Omaha.
This may be a great option if you’re looking for a small life insurance policy that does not require a paramedical exam.
Underwriting consists of
There are 3 possible underwriting outcomes with this policy.
For the application, underwriting questions are divided into Part 1 questions and Part 2 questions.
If you are able to answer “NO” to all questions, a level death benefit whole life policy is available.
Here are the differences between the level death benefit and the graded death benefit whole life policies.
Benefits and features of the level death benefit include:
Benefits and features of graded death benefit whole life include:
This policy contains a graded benefit.
This means 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 two years, the full benefit is paid for death due to all causes.
Full death benefits will be paid, in all years, if death results from an accidental bodily injury.
It’s important to note that for both the level and graded benefit policies,
Not all policies, features, and benefits are available in every state.
We’ll let you know what is available in your state of residence.
Accidental death insurance is issued by Mutual of Omaha.
This is a great option to consider for situations where you may be uninsurable for traditional life insurance,
Or you receive an expensive rating.
Benefits and features include:
Underwriting is fast and easy for this policy, consisting of an online e-application and approval in less than 10 days.
You may call customer service at 800-775-6000
Online access to your policy information is available by logging in – here
Corporate headquarters is located at:
3300 Mutual of Omaha Plaza – Omaha, Nebraska 68175
Mutual of Omaha is a company worth considering for term life, universal life, or whole life insurance policies.
Please take a few minutes to complete your free quote request today.
We take our responsibility seriously and will do whatever we can to make sure you end up with the best life insurance company based on your unique life insurance needs and situation.