LIVE
30Y FIXED6.85%↑ 0.02·15Y FIXED6.12%↓ 0.01·REFI 30Y6.78%↑ 0.01·HELOC9.20%0.00·JUMBO 30Y7.05%↑ 0.03·HYSA TOP4.85%↓ 0.05·12M CD5.10%0.00·24M CD4.85%↓ 0.02·5Y CD4.40%↑ 0.01·MMA TOP4.65%0.00·AUTO 60M NEW7.10%↓ 0.02·AUTO 60M USED8.45%↑ 0.04·PERSONAL EXC.8.20%0.00·10Y TREASURY4.32%↑ 0.01·30Y FIXED6.85%↑ 0.02·15Y FIXED6.12%↓ 0.01·REFI 30Y6.78%↑ 0.01·HELOC9.20%0.00·JUMBO 30Y7.05%↑ 0.03·HYSA TOP4.85%↓ 0.05·12M CD5.10%0.00·24M CD4.85%↓ 0.02·5Y CD4.40%↑ 0.01·MMA TOP4.65%0.00·AUTO 60M NEW7.10%↓ 0.02·AUTO 60M USED8.45%↑ 0.04·PERSONAL EXC.8.20%0.00·10Y TREASURY4.32%↑ 0.01·
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Life insurance review

Mutual of Omaha Life Insurance Review (2026)

Mutual of Omaha earned 4.2 / 5 in our 2026 review. Best for: final expense coverage, seniors, simplified underwriting. Full breakdown below.

By the Fintiex Insurance Desk · Updated 2026-05-02
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Key stats
Coverage range
$2,000 to $1,000,000
AM Best
A+
No-exam available
Yes
Issue ages
18 to 85
Policy types
3 offered
Term lengths
10 to 30 years
Underwriting
Same day (simplified issue) to 2 weeks
Fintiex rating
4.2 / 5
Pros
  • +Leading provider of final expense (burial) insurance
  • +Simplified issue term available with no medical exam
  • +Coverage available up to age 85
  • +Competitive rates for senior applicants
  • +Guaranteed issue whole life available for ages 45-85
  • +Long history of paying claims, founded in 1909
Cons
  • -Lower coverage maximum than larger carriers
  • -Not ideal for young applicants needing high face amounts
  • -Some products not available in all states

Policy types offered

Term lifeWhole lifeFinal expense

Term lengths available: 10, 15, 20, 30 years.

Riders available

  • ·Accelerated death benefit
  • ·Child rider
  • ·Accidental death benefit
  • ·Waiver of premium
Best for

Mutual of Omaha is the right pick if you prioritize final expense coverage, seniors, simplified underwriting. The provider earns top marks for underwriting flexibility and no-exam options. If you do not match this profile, compare against the other top picks on our life insurance hub.

Overview

Mutual of Omaha writes life insurance policies for applicants between ages 18 and 85, with coverage from $2,000 to $1,000,000. Financial strength is rated A+ by AM Best, which is the most important rating for any life insurer. A life insurance policy is a promise that may not be cashed in for 30 to 50 years, so the strength of the company writing the contract matters a lot.

Underwriting speed is rated as Same day (simplified issue) to 2 weeks. Mutual of Omaha offers a no-medical-exam path for qualifying healthy applicants, which can deliver a decision in minutes to a few days.

Mutual of Omaha offers 3 policy types: term, whole, final-expense. This range of options makes the provider suitable for a wide set of needs, from simple income replacement (term) to estate planning and cash value strategies (whole, universal).

How to apply with Mutual of Omaha

Applying with Mutual of Omaha takes 15 to 30 minutes online if you have your basic info ready: date of birth, height, weight, lifestyle questions (tobacco use, alcohol consumption), and basic medical history. Fully underwritten policies may require a paramedical exam at your home or office, paid for by the carrier.

  • Get an online quote based on age, health class, and coverage amount
  • Complete the application (health questions, beneficiary, payment info)
  • Submit for underwriting (instant decision or full review)
  • Take a paramedical exam if required (typically free, 30 minutes at home)
  • Review and sign the offer once approved
Start a Mutual of Omaha quote

Frequently asked questions

Is Mutual of Omaha a good life insurance company?
Mutual of Omaha earned 4.2 out of 5 in our 2026 review. It carries an AM Best financial strength rating of A+. Best for: final expense coverage, seniors, simplified underwriting.
Does Mutual of Omaha offer no-medical-exam life insurance?
Yes. Mutual of Omaha offers no-exam life insurance for qualifying healthy applicants. Coverage limits and approval depend on age and health profile. Decisions are typically delivered instantly to within a few days.
What policy types does Mutual of Omaha offer?
Mutual of Omaha offers the following policy types: term, whole, final-expense. Term lengths available are 10, 15, 20, 30 years.
What is the coverage range for Mutual of Omaha?
Coverage ranges from $2,000 to $1,000,000. Eligibility for high coverage amounts depends on age, income, and health history.
How fast is Mutual of Omaha underwriting?
Mutual of Omaha underwriting speed is rated as: Same day (simplified issue) to 2 weeks. Fully digital carriers like Haven Life and Ladder offer instant decisions for qualifying applicants. Traditional carriers like Northwestern Mutual and Prudential can take 2 to 6 weeks for full underwriting.
What riders does Mutual of Omaha offer?
Mutual of Omaha offers these optional riders: Accelerated death benefit, Child rider, Accidental death benefit, Waiver of premium. Common riders like accelerated death benefit are often included at no extra cost; others (waiver of premium, long-term care) cost extra but can add real value.

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