Protect Your Kingdom
Protect Your Loved Ones From the Costs of Your Final Expenses
Living Promise(R) Whole Life Insurance -- Underwritten by United of Omaha Life Insurance Company, a Mutual of Omaha Company.
It's a thoughtful, caring way to take care of the ones you love most after you're gone. Especially when you consider average funeral expenses today are around $7,500.*
What is Whole Life Insurance?
Whole life insurance is permanent life insurance designed to stay in place for your entire life (as long as required premiums are paid). For many families, it is used to help cover final expenses and reduce financial stress on loved ones.
- Lifetime coverage: Coverage does not expire after a set term.
- Level premiums: Premium amounts are designed to stay predictable and not increase just because you age.
- Guaranteed death benefit: Your beneficiary receives the policy benefit based on the plan terms.
- Cash value growth: Many whole life policies build cash value over time that may be borrowed against.
- Purpose: Helps families with funeral costs, debts, or other immediate expenses after a loss.
Plan Options
Level Benefit Plan
- How it pays: Full death benefit from day 1 (if policy is in force).
- Age range: 45-85.
- Coverage amount: $2,000-$50,000 (WA: $5,000-$50,000).
- Included rider: Accelerated Death Benefit for Terminal Illness or Nursing Home Confinement.
- Optional rider: Accidental Death Benefit Rider.
Graded Benefit Plan*
- How it pays: During years 1-2 for natural-cause death, benefit is premiums paid + 10%.
- After year 2: Full death benefit is paid for all causes.
- Accidental death: Full death benefit is paid in all years.
- Age range: 45-80.
- Coverage amount: $2,000-$20,000 (WA: $5,000-$20,000).
Level vs. Graded: Quick difference
- Level is usually for people who can qualify for immediate full coverage.
- Graded is often for applicants who need an easier approval path, with limited natural-cause payout in the first 2 years.
- Julie reviews your health answers and helps determine which path you qualify for.
Both Plans Include
- Competitive premiums that fit many budgets
- Simplified underwriting -- no medical exams required
- Coverage based on answers to a few simple health questions
- Reliable lifelong protection from a stable and secure company
*Not available in AR, MT, NC.
Additional Features
No medical exam -- coverage is based on your answers to a few simple health questions
Premiums never increase
Benefits never decrease
Cannot be canceled as long as premiums are paid
Builds cash value you may borrow against
Benefits paid income tax free under current federal tax laws**
Maturity Age 100 (120 in FL): face amount paid less outstanding policy loans and loan interest
Options to Access Your Death Benefit Early
Accelerated Death Benefit for Terminal Illness or Nursing Home Confinement
Allows a one-time election if the insured is diagnosed with a terminal illness expected to result in death within 12 months, or has been confined to a nursing home for 90 consecutive days and is expected to remain confined for life.
Optional: Accidental Death Benefit Rider
Provides an additional death benefit equal to the policy face amount if death results from accidental bodily injury, independently of sickness and all other causes. Available for an additional premium.
**May not be available in all states.
Financial Strength & Ratings
Ratings (as of April 2025)
| Agency | Rating | Description |
|---|---|---|
| AM Best | A+ | Superior -- 2nd highest of 16 |
| Moody's | A1 | Good -- 5th highest of 21 |
| S&P Global | A+ | Strong -- 5th highest of 21 |
Key Financial Stats (Year-End 2024)
- Combined admitted assets: $55.4 billion
- Policy reserves: $40.8 billion
- Statutory surplus: $4.1 billion
- Policyholder surplus: $4 billion
Company Overview
Since 1909, Mutual of Omaha Insurance Company has kept its promises to customers. As a mutual company, it is owned by policyholders, enabling a long-term view focused on customers' insurance and financial needs. In a rapidly changing world, it remains financially strong and ready to serve customers now and into the future.
Why Mutual of Omaha
"Over 50 years of Mutual of Omaha's Wild Kingdom taught us that the animal kingdom and the human kingdom have something in common... an instinct to protect what matters most. Through insurance and financial products, we help people protect their lives, protect their families, protect their kingdoms."
mutualofomaha.comReady to find out if you qualify?
No medical exam required -- just a few simple health questions. Julie can run a free quote in minutes with no obligation.
*Average funeral expenses approximately $7,500. Includes funeral and burial costs. National average according to the National Funeral Directors Association 2022.
**Consult with a professional tax and/or legal advisor before taking any action that may have tax and legal consequences.
Whole Life Insurance is underwritten by United of Omaha Life Insurance Company, 3300 Mutual of Omaha Plaza, Omaha, NE 68175, 1-800-775-6000. United of Omaha is licensed in all states except NY. Product base plans, provisions, features, and riders may not be available in all states and may vary by state.
This life insurance does not specifically cover funeral goods or services, and may not cover the entire cost of your funeral at the time of your death. The beneficiary of this life insurance may use the proceeds for any purpose, unless otherwise directed.
Level Benefit Policy Form: ICC12L080P or state equivalent. In FL, D354LFL12P.
Graded Benefit Policy: ICC12L081P or state equivalent. In FL, D355LFL12P.
Accidental Death Benefit Rider: ICC12L082R or state equivalent. In FL, D345LNA12R.
Accelerated Death Benefit for Terminal Illness or Nursing Home Confinement Rider: ICC12L084R or state equivalent. In FL, D359LFL12R.
This is a solicitation of insurance. A licensed agent may contact you.