Mutual of Omaha life insurance rates are determined by the policy type, gender, age, coverage amount, and health (except for the guaranteed acceptance option). For example, a 55-year-old female will pay $39.96 for a $15,000 policy with no waiting period, whereas a 55-year-old male will pay $52.32.
Overall, Mutual of Omaha rates are consistently on the lower end of the spectrum compared to other providers.
- Low rates relative to other insurance companies.
- Seniors over 80 can obtain a new policy.
- Coverage with no waiting period is available.
- You must speak with an agent verbally to obtain immediate coverage and the lowest price.
- All forms of tobacco or nicotine (even vaping) will increase the cost.
- There is no option to take an exam or provide medical records to potentially qualify for lower rates on the final expense insurance options.
AM Best’s Financial Strength Rating (FSR) is an independent opinion of an insurer’s financial strength and ability to meet its ongoing insurance policy and contract obligations. The scores range from A++ to D-.
Moody’s Investors Service rates the creditworthiness of companies. The Moody’s Rating Scale has 21 possible scores ranging from “Aaa” (highest mark) down to “C” (lowest mark).
S&P Global Inc. issues credit ratings on a scale from “AAA” (highest rating) to “D” (lowest rating).
The Complaint Index compares a company’s performance to other companies in the market. The National Complaint Index is always 1.00. That means a company with a complaint index of 2.00 is twice as high as expected in the market. Reported scores are for the most recently available year and for “Individual Life” products.
The BBB rating is based on information BBB is able to obtain about the business, including complaints received from the public. BBB seeks and uses information directly from businesses and from public data sources. BBB assigns ratings from A+ (highest) to F (lowest). If a business has been accredited by the BBB, it means BBB has determined that the business meets accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints.
Final Expense Whole Life Insurance Rate Chart
Below is a whole life rate table for Mutual of Omaha Living Promise burial insurance with no waiting period.
| Age & Gender | $10,000 | $15,000 | $20,000 |
|---|---|---|---|
| Female age 45 | $23 | $32 | $42 |
| Male age 45 | $27 | $39 | $51 |
| Female age 50 | $24 | $35 | $45 |
| Male age 50 | $31 | $44 | $58 |
| Female age 55 | $28 | $40 | $52 |
| Male age 55 | $36 | $52 | $69 |
| Female age 60 | $33 | $48 | $63 |
| Male age 60 | $43 | $64 | $84 |
| Female age 65 | $41 | $60 | $79 |
| Male age 65 | $54 | $83 | $110 |
| Female age 70 | $53 | $78 | $103 |
| Male age 70 | $70 | $110 | $146 |
| Female age 75 | $71 | $107 | $142 |
| Male age 75 | $97 | $148 | $197 |
| Female age 80 | $98 | $146 | $194 |
| Male age 80 | $135 | $208 | $276 |
| Female age 85 | $136 | $202 | $269 |
| Male age 85 | $178 | $288 | $382 |
| Source for monthly prices: Choice Mutual quote calculator. Rates are calculated at a non-tobacco rating for the Living Promise level death benefit, rounded to the nearest dollar, and are valid as of 06/17/2025. | |||
Guaranteed Acceptance Whole Life Rate Chart
Below is a rate chart for Mutual of Omaha’s guaranteed acceptance whole life insurance.
| Age & Gender | $10,000 | $20,000 | $25,000 |
|---|---|---|---|
| Female age 45 | $28 | $55 | $68 |
| Male age 45 | $36 | $72 | $90 |
| Female age 50 | $30 | $60 | $75 |
| Male age 50 | $40 | $79 | $99 |
| Female age 55 | $38 | $74 | $92 |
| Male age 55 | $45 | $90 | $112 |
| Female age 60 | $43 | $84 | $105 |
| Male age 60 | $57 | $113 | $141 |
| Female age 65 | $50 | $99 | $124 |
| Male age 65 | $69 | $136 | $170 |
| Female age 70 | $64 | $127 | $158 |
| Male age 70 | $87 | $172 | $215 |
| Female age 75 | $89 | $176 | $220 |
| Male age 75 | $113 | $226 | $282 |
| Female age 80 | $127 | $253 | $316 |
| Male age 80 | $157 | $313 | $391 |
| Female age 85 | $158 | $314 | $393 |
| Male age 85 | $193 | $384 | $480 |
| Source for monthly prices: Choice Mutual quote calculator. Rates are for Mutual of Omaha guaranteed acceptance coverage, rounded to the nearest dollar, and are valid as of 07/22/2025. | |||
Is Mutual Of Omaha The Best For Seniors?
Mutual of Omaha’s final expense insurance is widely regarded as the best burial insurance option for seniors. Their Living Promise product has no waiting period and is typically more affordable than most other burial insurance companies.
For example, Mutual of Omaha is less expensive than the AARP life insurance program, Colonial Penn, Trustage, and many others.
Please note that Mutual of Omaha life insurance for seniors varies depending on whether you contact the company directly or work with one of their licensed agents.
| Plan Details | Mutual Of Omaha Direct | Licensed Mutual Of Omaha Agencies |
|---|---|---|
| Coverage Options | $2,000- $25,000 | $2,000- $50,000 |
| $10,000 Rate For 65 Year Old Female (Non-Tobacco) | $50.00 | $41.01 |
| 2-Year Waiting Period | Yes | No |
| Option For Double Death Benefit For Accidental Death | No | Yes |
| Medical Exam | No | |
| Guaranteed Acceptance | Yes | No |
| Health Questions | No | Yes |
| States Available | All (Max age of 75 in New York) | All except New York |
Frequently Asked Questions
Some Mutual of Omaha life insurance products consider your health when determining the price, and some do not. The only product not affected by your health is their guaranteed acceptance whole life insurance.
Most Mutual of Omaha life insurance products don’t require a medical exam. No medical exam is usually needed unless you want to buy over $250,000 in coverage.
Mutual of Omaha’s final expense insurance offers up to $50,000 in coverage when bought through an agent. If you opt to buy online or through the mail, the limit is $25,000.
Mutual of Omaha final expense insurance typically costs $20-$200 monthly for a $10,000-$20,000 policy. The cost of final expense insurance is based on your age, health, gender, tobacco habits, and how much coverage you want.
Our Insurance Review Methodology
Every company we review has an overall score that illustrates how well it stands out in the market relative to its competitors. These scores are not subjective. Instead, we utilize a defined 5-star scoring system that applies a weighted average of particular factors, all of which are outlined below and on our review methodology page.
We measure the price of a company’s most popular they promote relative to its competitors. The closeness of their cost to other companies determines the final score. Read a full breakdown of the price of coverage factor on our review methodology page.
This factor assesses whether a company offers immediate coverage and, if so, how difficult it is to qualify for it. Read a full breakdown of the no waiting period coverage factor on our review methodology page.
A company’s financial strength is based on its rating with A.M. Best. Read a full breakdown of the financial strength factor on our review methodology page.
The National Association of Insurance Commissioners’ complaint index measures an insurer’s frequency of consumer complaints compared to the rest of the market. The score the insurer receives is based on how it stacks up to the median score of other insurers. Read a full breakdown of the NAIC complaint index factor on our review methodology page.
Why trust Choice Mutual?
When we review products, our findings are unbiased and free of any influence from partnerships or methods of compensation. All findings, good or bad, are solely the derivative of our objective analysis of any given product or company.
As noted on our review methodology page, our researchers evaluate the financial stability of the insurer, policy costs, product limitations, state availability, customer satisfaction, waiting periods (if applicable), and other relevant factors. We aggregate all this cumulative data to develop objective overall scores based on pre-defined weighted factors.
In addition, a qualified expert who is well-qualified to speak on the matter will provide opinion-based feedback about the company or product being reviewed.
For over a decade, Choice Mutual has been an insurance agency specializing in final expense life insurance. Our expertise in this type of insurance is well-documented in numerous authoritative publications, some of which are listed below:
Choice Mutual’s mission is to provide consumers with unbiased expert commentary and explanations of the topics being discussed. We want our readers to be armed with information and tools that cannot be found anywhere else on the internet, so they can truly make an informed decision.
All content on this website is written by Anthony Martin, who is a licensed life insurance agent with over a decade of expertise in this industry and has been quoted as an expert source hundreds of times by many reputable news outlets.
Per our editorial guidelines, we have never, and will never, use artificial intelligence to create our content. Every word printed on this website is produced and curated 100% by human beings who have firsthand experience with the subject matter.
- Nationally licensed life insurance agent with over 15 years of experience
- Personal annual production that puts him in the top .001% out of all life insurance agents in the nation.
Anthony Martin is a nationally licensed insurance expert with over 15 years of experience and has personally served over 10,000 clients with their life insurance needs. He frequently authors entrepreneurial and life insurance content for Forbes, Inc.com, Newsweek, Kiplinger, and Entreprenuer.com. Anthony has been consulted as an expert life insurance source for dozens of high-profile websites such as Forbes, Bankrate, Reuters, Fox Business, CNBC, Investopedia, Insurance.com, Yahoo Finance, and many more.
- Nationally licensed life insurance agent with over 19 years of experience
- Best selling Amazon author.
Jeff Root is a nationally licensed life insurance expert with over 19 years of experience. He has personally helped over 3000 clients with their life insurance needs. Jeff is a best-selling Amazon author and the managing partner of a highly successful insurance brokerage that manages over 2,500 licensed insurance agents across the USA. He has been a featured life insurance source for prestigious websites such as Forbes, Bloomberg, MarketWatch, Nerdwallet, and many more.
- Nationally licensed life insurance agent with over 14 years of experience
- Best selling Amazon author of five insurance sales books.
David Duford is a nationally licensed insurance expert with over 14 years of experience. He has personally helped more than 15,000 clients buy life insurance. David has been featured as an expert source for highly authoritative publications such as A.M. Best and Insurancenewsnet. He also runs one of the largest Youtube channels to help aspiring insurance agents serve their clients better.
- Nationally licensed life insurance agent with over 19 years of experience
- Best selling Amazon author.
Jeff Root is a nationally licensed life insurance expert with over 19 years of experience. He has personally helped over 3000 clients with their life insurance needs. Jeff is a best-selling Amazon author and the managing partner of a highly successful insurance brokerage that manages over 2,500 licensed insurance agents across the USA. He has been a featured life insurance source for prestigious websites such as Forbes, Bloomberg, MarketWatch, Nerdwallet, and many more.
- Nationally licensed life insurance agent with over 14 years of experience
- Best selling Amazon author of five insurance sales books.
David Duford is a nationally licensed insurance expert with over 14 years of experience. He has personally helped more than 15,000 clients buy life insurance. David has been featured as an expert source for highly authoritative publications such as A.M. Best and Insurancenewsnet. He also runs one of the largest Youtube channels to help aspiring insurance agents serve their clients better.
Choice Mutual often cites third-party websites to provide context and verification for specific claims made in our work. We only link to authoritative websites that provide accurate information. You can learn more about our editorial standards, which guide our mission of delivering factual and impartial content.
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Moody's. https://www.mutualofomaha.com/about/financial-strength/ratings
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S&P Global. https://www.mutualofomaha.com/about/financial-strength/ratings
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BBB. https://www.bbb.org/us/ne/omaha/profile/insurance-companies/mutual-of-omaha-0714-104000434
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Trustpilot. https://www.trustpilot.com/review/mutualofomaha.com
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Google. https://www.google.com/maps/place/United+of+Omaha+Life+Insurance+Co./@41.2919772,-96.3930632,11z/data=!4m10!1m2!2m1!1sMutual+of+Omaha!3m6!1s0x87938faddb631741:0x1c63fb3068a9098d!8m2!3d41.2585725!4d-95.9622597!15sCg9NdXR1YWwgb2YgT21haGEiA4gBAZIBEGluc3VyYW5jZV9hZ2VuY3ngAQA!16s%2Fg%2F1hc7zdp8w?entry=ttu
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Yelp. https://www.yelp.com/biz/mutual-of-omaha-omaha-6
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NAIC Complaint Index. https://content.naic.org/cis_refined_results.htm?TABLEAU=CIS_COMPLAINTS&COCODE=69868&REALM=PROD&COCODE=69868&REALM=PROD
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BBB Score & Accreditation. https://www.bbb.org/us/ne/omaha/profile/insurance-companies/mutual-of-omaha-0714-104000434
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Mutual of Omaha’s guaranteed acceptance. https://www.mutualofomaha.com/promo/life-insurance/457026#quote
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A.M. Best. https://news.ambest.com/pr/PressContent.aspx?refnum=35832&altsrc=2
