Mutual of Omaha life insurance, reviewed.
Mutual of Omaha is a top-rated, policyholder-owned insurer that’s been keeping promises since 1909, best known in this space for its Living Promise final-expense plan. The bottom line: a financially strong, widely trusted choice — and in our sample, its Living Promise rate landed among the most competitive.
✓ Independent & consumer-first✓ 26 years in business✓ Every major carrier reviewed✓ Licensed in all 50 states
What it does well
Strength you can feel good about.
Mutual of Omaha is the carrier other final-expense plans get compared to — and these are the reasons why.
Top-tier financial strength
Mutual of Omaha is one of the most recognized and highly rated insurers in the country — the kind of balance sheet that matters when a claim is filed decades from now.
Policyholder-owned
As a mutual company, it answers to policyholders rather than outside shareholders — a structure built around long-term promises.
Living Promise final expense
Its signature burial plan comes in a level (day-one) version for good health and a Guaranteed version that accepts nearly everyone.
A household name since 1909
More than a century in business and a brand most families already trust — worth something when you’re choosing who keeps a promise.
A full product shelf
Beyond final expense, it writes term, whole life, and other coverage — useful if your needs are larger than burial costs.
Level premium whole life
Living Promise is whole life: the premium is locked, the coverage doesn’t expire, and it builds modest cash value over time.
Want Mutual of Omaha’s number for your age? A licensed professional will run it and compare it to the market. No obligation.
Call (855) 816-8861Living Promise
Two versions, almost everyone fits one.
Living Promise is built so that health rarely shuts the door — it just decides which version you take (per Mutual of Omaha):
Level
Day-one full coverage
For applicants who answer the health questions favorably. The full benefit is payable from the first day — no waiting period.
Guaranteed
Accepts nearly everyone
No medical exam and minimal questions; pays a graded benefit for natural-cause death in the first two years, then the full amount.
Compare the market
Where Mutual of Omaha lands on price.
For one common profile, here’s Mutual of Omaha beside other A-rated final-expense carriers — near the front, and with top-tier ratings behind it. Rates move with age, sex, health, and state, so the aim is to confirm it wins for your profile:
| Carrier | Product | Monthly · $10,000 |
|---|---|---|
| Transamerica | Immediate Solution | $40.73 |
| Mutual of OmahaThis carrier | Living Promise | $41.01 |
| Americo | Eagle Select 1 | $41.63 |
| Foresters Financial | PlanRight | $43.38 |
| Aflac | Final Expense | $43.99 |
| Corebridge Financial | SimpliNow | $44.79 |
| American-Amicable | Senior Choice Immediate | $47.05 |
| American-Amicable | Golden Solution Immediate | $47.48 |
| CVS Health | Final Expense | $47.60 |
Sample monthly rates: female, age 65, $10,000 level coverage, North Carolina, best available class, as of June 2026. Rates vary by state, age, sex, health, and underwriting class. Quotes are estimates, not offers. Your figure depends on your own profile.
Is it a good fit?
A safe default that often wins on price too.
Mutual of Omaha is rarely a wrong answer for final expense. You get top-tier financial strength, day-one coverage when you qualify, and a Guaranteed option when you don’t — all from a name your family already knows.
The nice part is you don’t have to trade strength for price here — it frequently prices competitively too. Still, the only way to be sure it’s your best value is to set it beside two or three others. That comparison is free.
When a carrier this strong also prices near the front, it’s an easy one to like. We still compare it — because “easy to like” and “best for you” aren’t always the same.
Already have a policy?
Confirm you’re getting their best rate.
If you already hold a Mutual of Omaha policy, a licensed professional will read it with you and check whether the same premium could buy more elsewhere. With a carrier this strong, often you’re in good shape — and we’ll say so plainly.
Free · no obligation · Mon-Sat · 10am-9pm
- Whether you’re on the Level or Guaranteed Living Promise plan
- If a waiting period still applies to your coverage
- Whether another A-rated carrier beats it for your profile
- That your beneficiary is current and correct
Straight answers
Mutual of Omaha questions, answered.
By Braxton Mondell, licensed in all 50 states · Updated June 2026
01Is Mutual of Omaha life insurance good?
Yes — it’s one of the strongest, most recognized insurers in the country, with high financial-strength ratings and a policyholder-owned structure. For final expense, its Living Promise plan is a frequent benchmark other carriers are measured against.
02What is Living Promise?
Living Promise is Mutual of Omaha’s final-expense whole life. It comes in two versions: a Level plan that pays the full benefit from day one for those who qualify on health, and a Guaranteed plan that accepts nearly everyone with a graded benefit in the first two years.
03How much does Mutual of Omaha cost?
It depends on your age, sex, health, coverage amount, and state. As an illustration, a $10,000 level Living Promise policy for a 65-year-old woman in our sample ran about $41 a month — a single profile, not a quote. A quick call gives you a real figure for your situation.
04Does Mutual of Omaha have a waiting period?
The level Living Promise plan pays the full benefit from day one for those who qualify on health — no waiting period. The Guaranteed version, for those who don’t, uses a two-year graded benefit. A review tells you which one you’d qualify for.
05How do I reach Mutual of Omaha customer service?
Existing policyholders can reach Mutual of Omaha through the number on their policy or at mutualofomaha.com. If you’d like someone to read your policy with you first, a licensed professional on our team can do that and help you contact the carrier.
06Is Mutual of Omaha a good choice for final expense?
It’s one of the best-regarded options on the board — strong ratings, day-one coverage when you qualify, and competitive pricing. Whether it’s the lowest cost for you depends on your age and health versus other A-rated carriers, which a free review confirms in minutes.
This is an independent review. Policy Review Center is not affiliated with or endorsed by Mutual of Omaha; product names are used for identification only. Plan details come from the carrier and can change — confirm current terms with Mutual of Omaha. Educational only, not financial advice; any coverage changes are completed through licensed insurance professionals.
See every option. Then choose.
Call and a licensed professional will compare Mutual of Omaha against the broader market for your age and health — and tell you straight which gives you the most.