Mutual of Omaha Life Insurance Rate Chart 2027

What Does a Mutual of Omaha Life Insurance Rate Chart Show?

A rate chart shows sample monthly premiums for a specific policy, age, gender, coverage amount, and underwriting assumption. It is useful for comparing how price changes as you get older or increase the death benefit.

It is not an approval decision. For Living Promise, health questions and underwriting determine whether you qualify for the level-benefit plan, the graded-benefit plan, or another option. For a deeper product review, see our Mutual of Omaha burial insurance review.

How These Mutual of Omaha Rates Were Researched

Because life-insurance pricing can change, I want you to know exactly what the numbers represent. The Living Promise and Guaranteed Whole Life sample premiums below come from a current independent quote dataset reviewed in October 2026 for 2027 planning.

The source states that its Living Promise figures were generated from its quote calculator at the non-tobacco level-benefit rate and were valid as of March 9, 2026. Rates were rounded to the nearest dollar. Guaranteed Acceptance figures were generated separately and were also valid as of March 9, 2026.

Mutual of Omaha Living Promise Rate Chart by Age

Living Promise is underwritten by United of Omaha Life Insurance Company. The level-benefit plan is available at ages 45–85 with face amounts generally from $2,000 to $50,000, subject to state variations.

The rates below are for the level-benefit, non-tobacco version—the version designed to provide the full death benefit from the beginning, subject to normal policy provisions.

If your main goal is funeral and end-of-life costs, our guide to average funeral costs can help you choose a reasonable coverage amount before comparing premiums.

Mutual of Omaha Guaranteed Whole Life Rate Chart by Age

Mutual of Omaha also offers Guaranteed Whole Life with no medical exam and no health questions. The current public product is generally available at ages 45–85 with $2,000–$25,000 of coverage, with state-specific differences including New York and Washington.

This policy becomes effective when the application and first premium are received, but that does not mean the full natural-death benefit is available immediately. During the first two years, natural-cause death generally pays premiums returned plus 10%; after two years, the full benefit applies to all causes, subject to policy terms.

If health issues make traditional final-expense underwriting difficult, compare this option with our guaranteed acceptance life insurance guide.

Living Promise vs. Guaranteed Whole Life: Which Costs Less?

For consumers who can qualify for Living Promise level benefits, Living Promise is often the better starting point because it combines lower sample pricing at many ages with immediate full death-benefit protection.

Guaranteed Whole Life is designed for a different consumer: someone who wants no health questions or cannot qualify for a health-question plan. Paying more can make sense when guaranteed acceptance is the reason you can get coverage at all.

How Much Do Mutual of Omaha Rates Increase With Age?

Age has a major impact because your premium is based partly on life expectancy when the policy is issued. In the Living Promise examples, a woman buying $10,000 at age 50 is around $24 per month, while the same sample coverage at age 80 is around $98.

Once a whole life policy is issued, however, the premium is designed to remain level. The higher cost is tied to the age when you buy—not an automatic annual rate increase after issue.

Which Mutual of Omaha Plan May Fit You Better?

If you can answer health questions and qualify for Living Promise level benefits, I would generally compare that first. It can provide immediate full coverage and may cost less than guaranteed acceptance.

If serious health conditions prevent you from qualifying for level or graded simplified-issue coverage, Guaranteed Whole Life can still provide permanent protection without health questions. The tradeoff is the two-year limited benefit for natural death and usually a higher cost per $1,000 of coverage.

Health conditions such as COPD, diabetes with complications, cancer history, or heart disease can change which company or benefit structure makes the most sense. That is why I prefer comparing underwriting before an application is submitted.

Are Mutual of Omaha Life Insurance Rates Competitive in 2027?

Mutual of Omaha remains highly competitive in final expense, but I would not call it the cheapest carrier for every person. Different insurers treat age, tobacco, medications, build, and medical conditions differently.

That is also why this page should not replace a market comparison. You can review our best final expense companies and final expense quote guide to see how carrier selection changes the outcome.

Highly advertised policies can also use very different pricing structures. Before buying based on an ad, compare the actual death benefit and monthly cost with our Colonial Penn $9.95 plan review and AARP burial insurance review.

Does Mutual of Omaha Have a Term Life Insurance Rate Chart?

Mutual of Omaha also offers term life insurance, but the primary rate charts on this page focus on whole life and final-expense coverage. Term life pricing is different because premiums depend on age, health, tobacco or nicotine use, coverage amount, underwriting class, term length, state, and the specific product available.

Mutual of Omaha currently offers term options that can include 10-, 15-, 20-, and 30-year durations, with issue ages and face amounts varying by product and underwriting. Because of that, you should not use the final-expense rates above to estimate term coverage.

If your goal is larger temporary protection, compare term life insurance rates by age. If your goal is funeral or end-of-life expenses, the dedicated Mutual of Omaha burial insurance review goes deeper into Living Promise.

People Also Ask About Mutual of Omaha Life Insurance Rates

These are the most useful rate questions to answer before relying on a chart.

How much is $10,000 of Mutual of Omaha life insurance?

Current sample Living Promise level-benefit rates range from about $23 per month for a 45-year-old woman to $178 for an 85-year-old man. Guaranteed Whole Life usually costs more because no health questions are required.

Does Mutual of Omaha life insurance get more expensive as you age?

The price you are offered increases with age when you apply. Once qualifying whole life coverage is issued, the premium is designed to remain level rather than increasing automatically every year because you got older.

Does Mutual of Omaha have a two-year waiting period?

It depends on the policy. Living Promise level benefit can provide full coverage from the beginning for approved applicants. Living Promise graded and Guaranteed Whole Life limit the natural-death benefit during the first two years.

What is the maximum Mutual of Omaha final expense coverage?

Living Promise level benefit generally offers up to $50,000, while the graded plan generally offers up to $20,000. Mutual of Omaha’s direct Guaranteed Whole Life product generally offers up to $25,000. State variations apply.

Mutual of Omaha Rate Chart FAQ

These final questions address details that often cause confusion when consumers compare prices.