Mutual of Omaha Insurance Review 2026Buyers seeking final expense, whole life, or Medicare Supplement coverage from an established mutual insurer
Mutual of Omaha is a long-established, policyholder-owned mutual insurance and financial services company based in Omaha, Nebraska. It is widely known for its life insurance, Medicare Supplement, and final expense products, distributed largely through agents and brokers. The company offers a broad portfolio of individual and workplace coverage lines.
Mutual of Omaha at a Glance
Founded
1909
Headquarters
Omaha, NE
AM Best (financial strength)
A+
Coverage & Products
- ✓Term life insurance
- ✓Whole life insurance
- ✓Universal life insurance
- ✓Guaranteed (simplified/guaranteed-issue) final expense whole life
- ✓Medicare Supplement (Medigap) insurance
- ✓Long-term care insurance
- ✓Disability income insurance
- ✓Accidental death insurance
Plan Features
Pros
- +Long operating history and strong brand recognition
- +Policyholder-owned mutual structure
- +Broad product range spanning life, Medicare Supplement, and more
- +Well-known for guaranteed-issue and simplified final expense coverage
- +Established agent and broker distribution network
Cons
- −Most life products are quoted and purchased through an agent rather than fully online
- −Term life pricing may not be the most competitive for young, healthy applicants
- −Product availability and features vary by state
- −Fully underwritten policies can involve longer approval timelines
Mutual of Omaha — Frequently Asked Questions
Is Mutual of Omaha a financially strong insurance company?
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Mutual of Omaha carries an A.M. Best financial-strength rating of A+. A.M. Best ratings measure an insurer's ability to meet its ongoing policyholder obligations; ratings of A- and above are considered "excellent" or "superior." This reflects claims-paying ability, not price or customer service.
How is Mutual of Omaha's complaint record?
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The NAIC Complaint Index is published primarily for property-and-casualty lines; for Mutual of Omaha, check the NAIC Consumer Insurance Search and your state department of insurance for complaint data specific to the product and state you're considering.
How do I get a quote or contact Mutual of Omaha?
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You can request a quote or reach Mutual of Omaha at mutualofomaha.com or by phone at 1-800-775-6000. Rates depend heavily on your individual profile (location, age, history, coverage), so compare at least three quotes before deciding.
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Rachel Kim
Editorial Lead, Life & Retirement
This article was researched and written by the Cover Forge USA editorial team against federal sources (NAIC, CMS, FEMA, DOL, SSA, state DOIs) and standard policy forms. Bylines organize content by topic — they do not assert individual licensure. See our editorial-policy for details.
Reviewed June 2026
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