Mutual of Omaha
📍 Available in: US
★★★★★ 4.7 / 5.0
Mutual of Omaha is one of America's most iconic insurance institutions, celebrated for its guaranteed acceptance life insurance policies for adults aged 45 to 85. If you cannot qualify for traditional life insurance due to pre-existing illnesses or age, Mutual of Omaha guarantees coverage with no medical exams, no doctor visits, and zero health questions asked.
Key Facts at a Glance
| Cost / Fee Structure | From $25 - $80/mo (Guaranteed Whole Life) |
| Coverage / Loan Limit | $2,000 to $25,000 (Final Expense) / Up to $1M (Term) |
| Deductible | N/A |
| Credit / Eligibility | Guaranteed Acceptance (No Health Check) |
| Terms Available | Whole Life to Age 100 or 10-30 Yr Term |
Pros & Cons
✓ Pros
- ✓Guaranteed approval regardless of medical condition or pre-existing diseases
- ✓Locked-in level premiums that will never escalate as you age
- ✓Provides peace of mind for seniors seeking to cover funeral expenses ($10k–$25k)
- ✓Established, highly reputable mutual insurer with A+ A.M. Best rating
✕ Cons
- ✕Guaranteed issue policies carry a 2-year graded death benefit period
- ✕Maximum guaranteed coverage limit is $25,000
Key Features
Guaranteed Acceptance for Ages 45-85Zero Health Questions or Medical ExamsPremiums Never Increase with AgeBuilds Guaranteed Cash ValuePays Benefits Promptly for Funeral and Final Debts