|Financial Strength Rating||A+|
Where does Mutual of Omaha do business?
Mutual of Omaha is an insurance carrier based in Omaha, NE. The company was founded in 1909 and offers life insurance in 50 states (and Washington, DC). Life insurance is important for anyone who has loved who depend on them financially. It can also help with final expenses and burial costs.
What types of life insurance coverage does Mutual of Omaha offer?
Insurance carries typically offer a wide variety of policies. One of the best ways to save money on life insurance is to avoid unnecessary coverage. Only purchase policies and riders you actually need.
Here is a brief description of the coverage Mutual of Omaha offers.
- Term Life Insurance - This is the simplest type of life insurance. It is payable if the insured person dies within a specific period of time, such as 5, 10, or 30 years. Mutual of Omaha offers term lengths ranging from 10 to 30 years. The maximum death benefit amount is 100000.
- Whole Life Insurance - Whole life insurance policies remain in force for the entire life of the policyholder provided premiums are paid. Whole life benefit payments range from $2,000 to $25,000.
- Universal Life Insurance - This type of policy guarantees a fixed death benefit and an investment account. The cash value of the investment account will vary depending on the portfolio's performance.
How can you save money on a Mutual of Omaha life insurance policy?
When you ask for a quote with Mutual of Omaha, ask what policy discounts are available.
- Being a non-smoker
What is the financial strength rating of Mutual of Omaha?The financial strength rating of a life insurance company scores its ability to pay contracts and policies.
Each agency has its own standards and rating scale and a company's rating can change any day. It's a good idea to check the financial rating of an insurance company before you purchase a policy.
There are five main rating agencies. SuperMoney's financial strength rating is based, among other factors, on the average score from available ratings.
Mutual of Omaha scores an A+, SuperMoney's highest available rating.
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia