Founded over a century ago in Nebraska, Mutual of Omaha offers life insurance, long-term care and annuities across most states. The company has competitive rates for term life policies, as well as a wide range of riders that can add benefits and customize your policy. It also earned a top rating for customer service and financial strength. URL https://insurancebyheroes.com/mutual-of-omaha-life-insurance-review-2025-update/

How much life insurance you need depends on your family’s needs and your financial goals. A general rule of thumb is that your death benefit should be equal to the amount you need to cover funeral costs and other final expenses. But you may have other life insurance needs that a basic plan can’t meet. Life insurance riders are an option for adding additional coverage, as well as extra benefits like accelerated death benefit and waiver of premiums.

Term Life Answers, which is available in all states except New York, is a cost-effective way to get a permanent policy that lasts for a specified number of years. You can get a quote online or contact an agent to learn more about the policy’s benefits and underwriting requirements.

Understanding Mutual of Omaha Pricing

The AccumUL Answers whole life policy is a more robust option, offering lifetime death benefits and an accumulating cash value that can be used for income in retirement. Unlike many permanent policies, it doesn’t require a medical exam and won’t increase your premiums over time.

It also has a streamlined underwriting process that allows applicants to bypass a health questionnaire and receive approval within ten days. Other features include a lapse protection rider that protects your policy from a low cash value due to loan withdrawals, and a long term care rider that lets you use your death benefit to pay for nursing homes, private nurses or other long-term care expenses.