Is Mutual of Omaha a Good Insurance Company?
Over 100 Carriers to Quote From. Here are a few of them!
Is Mutual of Omaha a good insurance company? At Diversified Insurance Brokers, we help families compare protection and retirement income strategies across 100+ carriers with clear, apples-to-apples illustrations. Mutual of Omaha is a long-standing insurer known for financial strength, stability, and client-friendly product design. This page mirrors our Aspida layout so you can quickly explore life insurance and income scenarios using the embedded quoters below.
Life Insurance Quoter
Lifetime Income Calculator
What It Offers
- Side-by-side planning: Quote protection and model retirement income on one page.
- Flexible designs: Term, whole, and universal life insurance options plus income strategies.
- Clear trade-offs: Compare premiums, cash value potential, and payout choices.
Life Insurance Options
- Term Life: Cost-efficient coverage for defined periods to protect income and obligations.
- Whole Life: Lifetime coverage with guaranteed premiums and cash value growth.
- Universal & Indexed UL: Adjustable death benefit and premium flexibility with potential for interest crediting.
- Guaranteed Issue WL: Simplified acceptance for final-expense needs (age-based eligibility, no medical exam).
Income Solutions
- Predictable payouts: Create structured income you can’t outlive for essential expenses.
- Principal protection: Annuity options designed to help shield savings from market downturns.
- Timing control: Coordinate income start dates with Social Security and other retirement benefits.
Who It’s A Fit For
- Households wanting a stable, nationally recognized insurer for long-term planning.
- Clients seeking both life insurance protection and retirement income in a unified plan.
- People who value flexible policy structures and straightforward illustrations.
How The Quoters Help
- Enter basic details to estimate coverage amounts and premiums.
- Model guaranteed income scenarios to test start dates and payout levels.
- Adjust benefits and durations until the plan fits your budget and goals.
Why Diversified Insurance Brokers
- Decades of experience comparing solutions across 100+ carriers.
- Fiduciary guidance focused on clarity, cost, and long-term reliability.
FAQs: Is Mutual of Omaha a Good Insurance / Annuity Company?
What are Mutual of Omaha’s financial strength ratings?
Mutual of Omaha holds strong ratings, including an A+ from AM Best, A+ from S&P, and A1 from Moody’s. Its capital adequacy and conservative management are well regarded.
How is their customer satisfaction and complaint record?
Customer satisfaction is generally favorable, with independent surveys ranking Mutual of Omaha among leading insurers. Complaints exist—as with any large carrier—but many are resolved quickly.
What are some strengths of Mutual of Omaha?
Strengths include a long history (founded in 1909), mutual ownership that benefits policyholders, a broad product range spanning life, annuities, Medicare supplement, supplemental health, and long-term care, as well as strong ratings and stability.
What are the potential drawbacks or things to watch out for?
Potential drawbacks include that some products may not be easily quoted online, occasional service or claims delays, and premium changes based on underwriting. Features and availability also vary by state.
Is Mutual of Omaha a good choice if I want guaranteed issue whole life?
Yes. Mutual of Omaha offers guaranteed-issue whole life policies, especially for older ages and smaller coverage amounts, with no medical exam required. Traditional term life and larger policies usually require standard underwriting.
