Mutual of Omaha Burial Insurance Review 2026 | Final Expense Options for Seniors
Danny Ray, Life Insurance Expert |
✅
Fact Checked by
Lisamarie Monaco |
Editorial Disclosure
5-10 minute read | Disclosures
- ✅ Nationally licensed life insurance expert with over 30 years of experience
- ✅ Founder of PinnacleQuote Life Insurance Experts
Danny Ray is a nationally licensed life insurance expert and the Founder of PinnacleQuote Life Insurance Experts. With over 30 years of industry experience, he has helped thousands of families across all 50 states secure tailored life insurance solutions—specializing in final expense, term life, and impaired risk underwriting. Danny regularly writes educational content on life insurance, financial planning, and consumer protection. He has been featured as an expert source in leading publications including Forbes, Yahoo Finance, MarketWatch, Nasdaq, GoBankingRates, AOL, and MSN, where his insights help consumers make confident, informed decisions. As the architect of PinnacleQuote.com and insuranceForBurial.com, Danny is known for building transparent, client-first digital experiences that simplify the life insurance process. He is also the voice behind several national campaigns focused on educating seniors and families about affordable, no-pressure coverage options.
When you’re a senior, life insurance isn’t about investment. It’s about peace of mind.
That’s why Mutual of Omaha Burial Insurance with their Living Promise policy continues to be one of the most trusted burial insurance plans heading into 2026.
In fact, thousands of seniors over 60 choose Mutual of Omaha every year—because it’s simple, immediate, and affordable.
What Is Mutual of Omaha’s Living Promise Plan in 2026?
Mutual of Omaha offers a whole life policy designed for seniors called Living Promise. It’s built specifically for:
- Final expenses
- Funeral costs
- Medical bills
- Legacy planning
- ✅ Coverage never expires
- ✅ Premiums never increase
- ✅ Payout is guaranteed
- ✅ No medical exam required
There are two plan options:
- Level Benefit Plan: Provides full coverage from day one for eligible applicants.
- Graded Benefit Plan: Has a 2-year waiting period, with limited payouts in the first two years.
*Ballpark Quote
Why Choose Mutual of Omaha for Burial Insurance?
Mutual of Omaha has established a strong reputation for providing reliable insurance solutions. Their burial insurance plans are designed with seniors in mind, offering flexible coverage options and affordable rates.
Choosing Mutual of Omaha as the best choice for insurance and financial services depends on various factors, including your personal needs, preferences, and financial goals.
Here are some reasons why someone might consider Mutual of Omaha as a preferred option:
| Reason | Description |
|---|---|
| Reputation and Stability | Mutual of Omaha has a long-standing history in the insurance industry, with a reputation for stability and reliability—reassuring for customers seeking a secure institution. |
| Wide Range of Products | Life and health insurance, Medicare supplement, long-term care, and financial services—covering multiple needs under one roof. |
| Customer Service | Emphasis on personal attention and support; many customers report positive service experiences. |
| Financial Strength | Strong ratings from major agencies indicate the ability to meet ongoing insurance and contract obligations. |
| Customizable Plans | Flexible plan designs tailored to individual needs and budgets. |
| Additional Benefits & Resources | Online account tools and educational resources help customers make informed decisions and manage policies efficiently. |
Sample Rates for Mutual of Omaha Burial Insurance (2026)
Pricing for Mutual of Omaha Burial Insurance varies based on age, gender, and coverage amount. Below is an estimated rate chart for non-smokers:
Female Rates
Female Burial Insurance Rates
Nationwide • Day-1 Coverage Options| Age | $10,000 | $25,000 | $50,000 |
|---|---|---|---|
| 45 | $22.61 | $51.71 | $100.21 |
| 50 | $24.31 | $55.96 | $108.71 |
| 55 | $27.71 | $64.46 | $125.71 |
| 60 | $32.87 | $77.36 | $151.52 |
| 65 | $41.01 | $97.72 | $192.24 |
| 70 | $53.24 | $128.29 | $253.38 |
| 75 | $72.41 | $176.22 | $349.24 |
| 80 | $98.43 | $241.28 | $479.35 |
| 85 | $135.90 | $334.95 | $666.70 |
Male Rates
Male Burial Insurance Rates
Nationwide • Day-1 Coverage Options| Age | $10,000 | $25,000 | $50,000 |
|---|---|---|---|
| 45 | $27.11 | $62.97 | $122.73 |
| 50 | $30.68 | $71.89 | $140.58 |
| 55 | $35.95 | $85.06 | $166.92 |
| 60 | $43.76 | $104.60 | $205.99 |
| 65 | $56.48 | $136.39 | $269.58 |
| 70 | $74.61 | $181.72 | $360.23 |
| 75 | $99.97 | $245.13 | $487.05 |
| 80 | $139.73 | $344.52 | $685.83 |
| 85 | $192.74 | $477.04 | $950.88 |
💡 Tip: Rates for smokers are higher, and pricing varies by state.
Pros & Cons of Mutual of Omaha Burial Insurance
✅ Pros
- Immediate coverage for most applicants
- Premiums never increase
- Guaranteed payout to beneficiary
- Coverage available through age 85
⚠️ Cons
- Max coverage is typically capped at $50,000
- May not accept applicants with severe health conditions (for the Level plan)
- Not available in all states – Living Promise is not offered in New York
Mutual of Omaha Burial Insurance Reviews
Mutual of Omaha has a strong reputation, with high ratings for customer service and claim payouts.
🔹 BBB Rating: A+
🔹 Customer Reviews: 4.3/5 ⭐⭐⭐⭐☆
🔹 NAIC Complaint Index: Below average (fewer complaints than competitors)
What Customers Say
👍 Positive: Customers praise the affordability and ease of application.
👎 Negative: Some report delays in claims processing and difficulty reaching customer support.
Understanding Living Promise
Mutual of Omaha provides a wide range of burial insurance plans, encompassing both whole life and term life policies.
These plans are thoughtfully tailored to meet the diverse needs of seniors, guaranteeing coverage for your end-of-life expenses. This ensures that your loved ones are not financially burdened.
This variety provides the flexibility to choose a plan that aligns with your specific needs and financial situation. It simplifies the process of finding the perfect fit for you.
| Feature | Details |
|---|---|
| Plan Type | Whole Life Insurance (Final Expense Protection) |
| Issue Ages |
Level Benefit Plan: 45–85 Graded Benefit Plan: 45–80 |
| Face Amounts |
Level Benefit Plan: $2,000–$50,000 ($5,000 minimum in WA) Graded Benefit Plan: $2,000–$20,000 ($5,000 minimum in WA) |
| Medical Exam | No medical exam required (simplified underwriting with health questions) |
| Benefit Type |
Level Benefit Plan: Full death benefit paid from day 1 Graded Benefit Plan: • Death in first 2 years (natural causes) – Refund of premiums + 10% interest • Death after 2 years – Full death benefit paid • Accidental death – Full benefit paid in all years |
| Premiums | Guaranteed level premiums for life |
| Built-In Riders |
• Accelerated Death Benefit for Terminal Illness / Nursing Home Confinement • Chronic Illness Rider (FL only) |
| Optional Rider | Accidental Death Benefit Rider (additional payout for accidental death) |
| Eligibility | Available in all states except AR, MT, NC |
| Company Information |
Underwritten by: United of Omaha Life Insurance Company Website: Mutual of Omaha Customer Service: 1-800-775-6000 |
*Ballpark Quote
Mutual of Omaha's commitment to comprehensive and adaptable options highlights their dedication to easing financial worries for seniors and their families during end-of-life planning.
Key Features of Mutual of Omaha Living Promise
✔ No Medical Exam Required: Simple health questionnaire-based underwriting.
✔ Two Plan Options: Level Benefit (Full payout from Day 1) & Graded Benefit (Partial payout in first 2 years).
✔ Accelerated Death Benefit: Access policy benefits early for terminal illness or nursing home confinement.
✔ Guaranteed Level Premiums: Premiums never increase, and coverage never decreases.
✔ Accidental Death Rider Available: Provides extra payout if death occurs due to an accident.
✔ Reliable & Trusted Insurer: Mutual of Omaha has been a leader in life insurance for decades.
Affordability and Coverage
Affordability of insurance ranks as a primary concern for seniors. Mutual of Omaha addresses this concern head-on by offering affordable burial plans.
This approach ensures that seniors can secure a policy that not only fits their budget but also does not compromise on essential coverage.
Furthermore, by prioritizing affordability alongside comprehensive benefits, Mutual of Omaha enables seniors to navigate their insurance options with confidence, making informed decisions that protect their interests and provide for their loved ones without financial strain.
This commitment to affordability and coverage reflects Mutual of Omaha's understanding of the unique needs of seniors, demonstrating their dedication to offering solutions that truly benefit this demographic.
Application Process Simplified
Applying for burial insurance with Mutual of Omaha is notably straightforward, offering seniors a hassle-free application experience.
Importantly, this process is further simplified by the use of DocuSign for electronic signatures, allowing applicants to complete necessary paperwork digitally from the comfort of their own home.
Additionally, many of Mutual of Omaha's policies require no medical exams, presenting a significant advantage for individuals with pre-existing health conditions.
This streamlined approach not only accelerates the application process but also eliminates the stress and inconvenience often associated with securing insurance coverage.
Living Promise Qualifying Questions
| Underwriting Section | Details |
|---|---|
| Part One — Decline Questions |
If the applicant answers “YES” to any question in Part One, they are ineligible for coverage.
|
| Part Two — Graded Benefit Questions |
If the applicant answers “YES” to any question in Part Two, they qualify for the Graded Benefit Plan only.
|
As a result, seniors can easily find a policy that suits their needs, ensuring their end-of-life expenses are covered without the burden of a complex application process.
Policy Features and Flexibility
Mutual of Omaha's burial insurance policies are known for their flexibility. You can adjust your coverage as your needs change and benefit from additional riders for comprehensive protection.
Comparing Providers
When comparing burial insurance options, Mutual of Omaha stands out for its combination of affordability, comprehensive coverage, and customer satisfaction.
Managing Your Mutual of Omaha Living Promise Policy
Owning a Mutual of Omaha Living Promise policy ensures financial security for your loved ones, but managing your policy effectively is essential to maximize its benefits.
This guide will walk you through key aspects of policy management, including payments, policy changes, claims, and customer support.
1) Understanding Your Policy Coverage
Mutual of Omaha’s Living Promise is whole life insurance designed for final expenses. It includes:
- Level Benefit Plan: Full death benefit from day one.
- Graded Benefit Plan: Limited benefits in the first two years for certain health conditions.
Key Features:
- Fixed monthly premiums that never increase.
- Coverage remains active for life as long as premiums are paid.
- Cash value accumulation over time.
2) Making Payments & Staying Active
Make timely premium payments to keep coverage in force. Payment options:
- Automatic bank draft (ACH)
- Online payment portal via Mutual of Omaha
- Mail-in payments with billing statements
- Phone payments through customer service
Missed a Payment? A grace period (typically ~30 days) may apply. If the policy lapses, reinstatement might be possible and could require proof of insurability.
3) Updating Your Policy
Common updates include:
- Beneficiary changes: Submit a Beneficiary Change Form.
- Address / contact info: Update via phone or your online account.
- Payment method: Switch bank accounts or preferences by phone or online.
- Policy loans & cash value: You may borrow against cash value; confirm availability and repayment terms with customer support.
4) Filing a Claim
Claim process:
- Obtain the insured’s death certificate.
- Complete a claim form (website or customer service).
- Submit documents by mail, fax, or online.
- Typical processing: ~7–10 business days once complete.
5) Contacting Mutual of Omaha
- 📞 Customer Service: 800-775-6000
- 🌐 Online Portal: mutualofomaha.com
- 📬 Mailing Address: See your policy documents
Final Tips:
- ✅ Store a copy of your policy safely.
- ✅ Inform beneficiaries and share claim steps.
- ✅ Use auto-pay to avoid missed payments.
- ✅ Review annually to confirm your needs are met.
By actively managing your Living Promise policy, you ensure financial protection for your loved ones and peace of mind knowing your final expenses will be covered.
*Ballpark Quote
Customer Support and Feedback
Mutual of Omaha is renowned for its excellent customer support. Policyholders can expect responsive service and helpful guidance, a testament to the company's commitment to its customers.
How Does It Compare to Other Companies in 2026?
Burial Insurance — Carrier Feature Comparison
Nationwide • Day-1 Options| Feature | Mutual of Omaha | Aetna | Foresters | SBLI |
|---|---|---|---|---|
| Day 1 Coverage | ✅ Yes | ✅ | ✅ | ✅ |
| Max Coverage ($) | $50,000 | $35,000 | $35,000 | $35,000 |
| Riders Included | ✅ Yes | ❌ | ✅ | ❌ |
| Application Method | Phone/DocuSign | Phone/Electronic | Phone/Electronic | Phone/Electronic |
Why Mutual of Omaha?
- Day 1 protection
- Trusted name
- Strong policy features with no upsells
FAQs
Yes, if you qualify for the Level Benefit plan, your full coverage begins on day one.
Coverage typically ranges from $2,000 to $50,000 depending on your age and health.
You may qualify for the Graded Benefit option, which includes a 2-year limited payout period. After that, full coverage is available.
No. Mutual of Omaha’s Living Promise plan is no-exam and uses a health questionnaire.
Use the button below to request a quote or complete a quick risk assessment to find your best fit.
They provide various policies, including whole and term life insurance, each tailored to different needs.
Yes, they offer competitive rates, especially considering the comprehensive coverage provided.
Yes, their policies offer flexibility to adjust coverage as your needs change.
They have a strong reputation for efficiently and reliably handling claims.
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Conclusion
When it comes to protecting your loved ones, Mutual of Omaha continues to deliver in 2026. It's reliable, affordable, and trusted by millions.
With proper shopping, you can avoid waiting periods, save thousands over time, and lock in lifetime coverage today.
Next Steps
✔ Compare rates with other final expense providers
✔ Check eligibility for Level vs. Graded Plans
✔ Apply online or through an agent
By planning ahead, you can ensure peace of mind and financial security for your loved ones.
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1 Comment
Juan R Reynoso Franco
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