- Home
- Life Insurance
- Mutual of Omaha Review
Mutual of Omaha Life Insurance (Covr) Review
At ConsumersAdvocate.org, we take transparency seriously.
To that end, you should know that many advertisers pay us a fee if you purchase products after clicking links or calling phone numbers on our website.
The following companies are our partners in Life Insurance: GoldenCare, SelectQuote Life, Prudential, Massachusetts Mutual, Fidelity Life, Corebridge Direct, Ladder, John Hancock, Transamerica, Protective, Nationwide, CLTC Insurance Services, Ethos, SmartFinancial Life Insurance, Lincoln Financial Group, Mutual of Omaha, Mutual of Omaha Final Expense Insurance, Bestow, New York Life, Everyday Life, SelectQuote, Legal & General, Americo Senior Life, Amica, OneAmerica, Pacific Life, NGL, Colonial Penn, SBLI, Securian Financial, New York Life Final Expense Insurance, Pacific Life, Corebridge, Modern Woodmen, Symetra Financial, Equitable, Corebridge Financial, Protective Final Expense, Legal and General Covr, Nationwide Life, Pacific Life Covr, Protective Life, Prudential Life, and SBLI Covr.
We sometimes offer premium or additional placements on our website and in our marketing materials to our advertising partners. Partners may influence their position on our website, including the order in which they appear on a Top 10 list.
For example, when company ranking is subjective (meaning two companies are very close) our advertising partners may be ranked higher. If you have any specific questions while considering which product or service you may buy, feel free to reach out to us anytime.
If you choose to click on the links on our site, we may receive compensation. If you don't click the links on our site or use the phone numbers listed on our site we will not be compensated. Ultimately the choice is yours.
The analyses and opinions on our site are our own and our editors and staff writers are instructed to maintain editorial integrity. Our brand, ConsumersAdvocate.org, stands for accuracy and helpful information. We know we can only be successful if we take your trust in us seriously!
To find out more about how we make money and our editorial process, click here.
How is Mutual of Omaha rated?
Breakdown
Overall Rating: 0 / 5 (N/A)
Financial Strength
Key Details
| Underwriter | United of Omaha Life Insurance Company |
Company Stability - 0 / 5
Reputation & Customer Experience
Customer Ratings
| BBB Rating | A+ |
Reputation - 0 / 5
The company has a minimal number of complaints for a company of its size. However, it should be noted that its highly responsive customer support staff has responded to all of them, in an effort to resolve any pending issues.
They've been in operation for over a century, and by all appearances, seem keen on adhering to high ethical standards and complying with regulatory requirements as well as their own policies.
Mutual of Omaha Policies
Term Life Insurance
| Minimum Age | 18 |
| Maximum Age | 80 |
Universal Life
| Minimum Age | 0 |
| Maximum Age | 85 |
Policies & Coverage - 0 / 5
Term: With coverage length of 10, 15, 20 or 30 years and death benefit amounts of $100K+
Whole: Lifetime coverage with death benefit of $2,000 to $50,000
Universal: Lifetime coverage with death benefit of $25,000+
Indexed Universal: Lifetime coverage with death benefit of $100K+
Flexibility and Available Riders
Available Term Life Riders
- Child Protection Rider
- Accidental Death Benefit Rider
- Waiver of Premium Rider
- Guaranteed Insurability Rider
- Critical Illness Rider
- Return Premium Rider
Available Whole Life Riders
- Waiver of Premium
Available Universal Life Riders
- Waiver of Premium
Flexibility & Available Riders - 0 / 5
Living Benefit Riders:
- Accelerated Death Benefit (ADB): Allows you to access a portion of your death benefit while you're still living if diagnosed with a terminal illness.
- Critical Illness Rider (CIR): Provides a benefit if diagnosed with a covered critical illness like cancer, heart attack, or stroke.
- Living Need Rider: Enables access to a portion of your death benefit for chronic or debilitating conditions like Alzheimer's or ALS.
Financial Benefit Riders:
- Waiver of Premium Rider: Waives your premium payments if you become disabled due to illness or accident.
- Guaranteed Insurability Rider: Allows you to purchase additional coverage without medical evidence at predetermined intervals and rates.
- Child Term Rider: Provides term life coverage for your children at a discounted rate, often automatically attaching to your policy.
Other Riders:
- Accidental Death Benefit Rider (ADBR): Pays an additional benefit if death occurs due to an accident.
- Return of Premium Rider (ROP): Returns your premiums if you die outside the specified term period.
Additional Company Information
| Homepage URL | |
| Company Phone | (402) 342-7600 |
| Headquarters Address | 3300 Mutual of Omaha Plaza, Omaha, NE, 68175 |
| Year Founded | 1909 |
Our Comments Policy | How to Write an Effective Comment
- Offering no-medical-exam policies
- Policies available for people up to 85 years of age
- Term, whole, universal, and indexed universal policies available
- Rated A+ by AM Best
