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Foresters Financial vs Mutual of Omaha: Final Expense Insurance Comparison

An in-depth comparison to help you choose the right final expense insurance carrier.

At a Glance

Feature Foresters Financial Mutual of Omaha
Financial Strength A (AM Best) A+ (AM Best)
Max Coverage $35,000 $25,000
Medical Exam Not required Not required
Member Benefits Yes (scholarships, etc.) No
Approval Speed 1-3 days Same day
Industry Focus General Final expense specialist
Coverage Range $5,000 - $35,000 $2,000 - $25,000
Premium Range $20 - $130/mo $20 - $150/mo

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No medical exam required Coverage in as little as 24 hours Rates from $20/month

Foresters Financial Overview

AM Best Rating: A | Founded: 1874 | Headquarters: Toronto, ON

Coverage: $5,000 - $35,000 | Premiums: $20 - $130/mo

Pros

  • Member benefits included
  • Competitive rates
  • Community-focused
  • No medical exam

Cons

  • Canadian-based company
  • Less US brand recognition
  • Limited product range

Best For: Those who value community membership benefits alongside insurance coverage.

Mutual of Omaha Overview

AM Best Rating: A+ | Founded: 1909 | Headquarters: Omaha, NE

Coverage: $2,000 - $25,000 | Premiums: $20 - $150/mo

Pros

  • A+ financial rating
  • Industry-leading final expense
  • Fast approvals
  • Excellent reputation

Cons

  • $25,000 max coverage
  • Limited riders available

Best For: Those wanting the most trusted name in final expense insurance.

Our Verdict

Mutual of Omaha is the stronger choice for pure final expense insurance with their superior financial rating and industry-leading products. Foresters is a good alternative if member benefits appeal to you.

Get Your Free Final Expense Quote

Compare rates from top final expense insurance carriers.

No medical exam required Coverage in as little as 24 hours Rates from $20/month