Mutual of Omaha life insurance rates range from $22-$193 monthly for a $10,000 whole life policy with no waiting period. Your price depends on the policy type, gender, age, health, tobacco usage (if any), and coverage amount.
Written by Anthony Martin Fact Checked by Jeff Root & David Duford
Anthony Martin
Anthony Martin is a nationally licensed insurance expert with over ten years of experience and has personally served over 10,000 clients with their life insurance needs. He frequently authors entrepreneurial and life insurance content for Forbes, Inc.com, Newsweek, Kiplinger, and Entreprenuer.com. Anthony has been consulted as an expert life insurance source for dozens of high-profile websites such as Forbes, Bankrate, Reuters, Fox Business, CNBC, Investopedia, Insurance.com, Yahoo Finance, and many more.
Jeff Root
Jeff Root is a nationally licensed life insurance expert with over 15 years of experience. He has personally helped over 3000 clients with their life insurance needs. Jeff is a best-selling Amazon author and the managing partner of a highly successful insurance brokerage that manages over 2,500 licensed insurance agents across the USA. He has been a featured life insurance source for prestigious websites such as Forbes, Bloomberg, MarketWatch, Nerdwallet, and many more.
David Duford
David Duford is a nationally licensed insurance expert with over ten years of experience. He has personally helped more than 1500 clients buy life insurance. David has been featured as an expert source for highly authoritative publications such as A.M. Best and Insurancenewsnet. He also runs one of the largest Youtube channels to help aspiring insurance agents serve their clients better.
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This article has been thoroughly reviewed by the author and third-party life insurance experts to ensure it adheres to our quality standards for accurate and honest advice.
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Refer to the rate charts below to see how much Mutual of Omaha life insurance for seniors costs for ages 45-85.
You can also use this quoting tool to see prices for any coverage amount between $2,000-$50,000.
Final Expense Whole Life Insurance Rate Chart
Below is a whole life rate table for Mutual of Omaha Living Promise burial insurance with no waiting period. Your monthly premiums will be higher if you’ve used tobacco or nicotine within the last 12 months.
Female
| 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 |
| See customized quote for any age and coverage amount | |||
Male
| 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 |
| See customized quote for any age and coverage amount | |||
Guaranteed Acceptance Whole Life Rate Chart
Below are monthly rates for Mutual of Omaha’s guaranteed acceptance whole life insurance. The price for guaranteed acceptance coverage does not change if you use tobacco products.
Female
| Age | $10,000 | $15,000 | $25,000 |
|---|---|---|---|
| 45 | $27.90 | $41.35 | $68.25 |
| 50 | $30.40 | $45.10 | $74.50 |
| 55 | $37.50 | $55.75 | $92.25 |
| 60 | $42.70 | $63.55 | $105.25 |
| 65 | $50.00 | $74.50 | $123.50 |
| 70 | $63.90 | $95.35 | $158.25 |
| 75 | $88.50 | $132.25 | $219.75 |
| 80 | $126.90 | $189.85 | $315.75 |
| 85 | $157.70 | $236.05 | $392.75 |
| See customized quote for any age and coverage amount | |||
Male
| Age | $10,000 | $15,000 | $25,000 |
|---|---|---|---|
| 45 | $36.40 | $54.10 | $89.50 |
| 50 | $40.20 | $59.80 | $99.00 |
| 55 | $45.40 | $67.60 | $112.00 |
| 60 | $56.90 | $84.85 | $140.75 |
| 65 | $68.50 | $102.25 | $169.75 |
| 70 | $86.70 | $129.55 | $215.25 |
| 75 | $113.30 | $169.45 | $281.75 |
| 80 | $157.10 | $235.15 | $391.25 |
| 85 | $192.70 | $288.55 | $480.25 |
| See customized quote for any age and coverage amount | |||
Is Mutual Of Omaha The Best For Seniors?
Mutual of Omaha final expense insurance is widely considered to be the best burial insurance for seniors. Their Living Promise product has no waiting period and is usually cheaper than most other burial insurance companies.
For example, Mutual of Omaha is less expensive than the AARP life insurance program, Colonial Penn, Trustage, and many others.
If you work with a licensed Mutual of Omaha agent, you can buy up to $50,000 in no waiting period coverage. However, if you call Mutual of Omaha directly, you’re limited to $25,000 and will be subject to a two-year waiting period.
| Plan Details | Mutual Of Omaha Direct | Licensed Mutual Of Omaha Agencies |
|---|---|---|
| Coverage Options | $2,000- $25,000 | $2,000- $50,000 |
| $10,000 Rate For 65 Year Old Female (Non-Tobacco) | $50.00 | $41.01 |
| 2-Year Waiting Period | Yes | No |
| Option For Double Death Benefit For Accidental Death | No | Yes |
| Medical Exam | No | |
| Guaranteed Acceptance | Yes | No |
| Health Questions | No | Yes |
| States Available | All (Max age of 75 in New York) | All except New York |
Frequently Asked Questions
Some Mutual of Omaha life insurance products consider your health when determining the price, and some do not. The only product not affected by your health is their guaranteed acceptance of whole life insurance.
Most Mutual of Omaha life insurance products don’t require a medical exam. No medical exam is usually needed unless you want to buy over $500,000 in coverage.
Mutual of Omaha’s final expense insurance offers up to $50,000 in coverage when bought through an agent. If you opt to buy online or through the mail, you’re limited to $25,000.
Mutual of Omaha final expense insurance typically costs $20-$200 monthly for a $10,000-$20,000 policy. The cost of final expense insurance is based on your age, health, gender, tobacco habits, and how much coverage you want.
Article Sources
Choice Mutual often cites third-party websites to provide context and verification for specific claims made in our work. We only link to authoritative websites that provide accurate information. You can learn more about our editorial standards, which guide our mission of delivering factual and impartial content.
- Mutual of Omaha's guaranteed acceptance. https://www.mutualofomaha.com/promo/life-insurance/457026#quote
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