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Mutual of Omaha

Mutual of Omaha describes its purpose as helping customers "protect what they care about and achieve their financial goals." As a mutual insurance company, it is owned by its policyholders rather than outside shareholders, and operates across life insurance, Medicare supplement, long-term care, disability, and several supplemental product lines.


Founded
1909
Headquarters
Omaha, Nebraska
Structure
Mutual company (policyholder-owned)
A.M. Best
A+ · Stable

Financial strength

Ratings as of Apr 27, 2026

  • A.M. Best A+
  • Standard & Poor's A+
  • Moody's A1
  • Outlook Stable

Ratings change. Pull current values from the carrier or AM Best directly before quoting them.

Known for

  • Recognizable national brand
  • Final expense / Living Promise
  • Term life
  • Medicare supplement market

Products written

  • Term life
  • Whole life
  • Indexed universal life
  • Final expense
  • Medicare supplement
  • Long-term care

What we use them for

Through Family First Life, we have access to Mutual of Omaha’s life and final-expense product lines. From an agent’s perspective, they tend to be a strong fit when:

  • Brand recognition matters. Older clients often know Mutual of Omaha by name from decades of national advertising — that recognition reduces friction early in the conversation.
  • The case is final-expense or simplified-issue. Their Living Promise product line is widely written by agents under FFL for clients who want a smaller permanent policy without a full medical exam.
  • The buyer wants a mutual company. Mutuals are owned by their policyholders, not outside shareholders. Some buyers care about that distinction; many don’t. We surface it when it’s relevant.

When to consider another carrier

Mutual of Omaha isn’t the answer for every case. If the goal is maximum cash-value growth via IUL, we’ll usually run illustrations from carriers more focused on the IUL category. If the goal is lowest-possible term premium for a healthy buyer, we’ll quote across multiple carriers — Mutual of Omaha is competitive in some bands and not others. The right answer depends on age, health class, and product type, and that’s a conversation, not a brochure.

Get a quote

Want to see what Mutual of Omaha can do for your specific situation? We pull current illustrations on the call. The form below pre-fills your interest as Mutual of Omaha — we’ll come back to you with side-by-side options.


Sources

Facts on this page were drawn from the following sources. Ratings, products, and corporate facts change — verify against the source before relying on a specific claim.

Ready to compare

Want to see Mutual of Omaha side-by-side with another carrier?

We pull current illustrations on the call. The form below pre-fills your interest as Mutual of Omaha — we'll come back with side-by-side options from carriers that fit your specific situation.