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Mutual of Omaha vs Aetna: Final Expense Insurance Comparison

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

At a Glance

Feature Mutual of Omaha Aetna
Financial Strength A+ (AM Best) A (AM Best)
Max Coverage $25,000 $50,000
Medical Exam Not required Not required
Issue Ages 45-85 50-80
Approval Speed Same day 3-5 business days
Premium Type Level (never increases) Level (never increases)
Coverage Range $2,000 - $25,000 $5,000 - $50,000
Premium Range $20 - $150/mo $25 - $175/mo

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Mutual of Omaha Overview

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

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

Pros

  • Highly rated (A+ AM Best)
  • Fast application process
  • Level premiums for life
  • Strong customer service

Cons

  • Limited to $25,000 max coverage
  • No online application in all states

Best For: Applicants who want a reputable carrier with fast approval and level premiums.

Aetna Overview

AM Best Rating: A | Founded: 1853 | Headquarters: Hartford, CT

Coverage: $5,000 - $50,000 | Premiums: $25 - $175/mo

Pros

  • Long-standing reputation
  • Part of CVS Health
  • Broad coverage options
  • Competitive premiums

Cons

  • More complex application
  • Limited final expense focus

Best For: Those who prefer a large, well-known company with diverse insurance options.

Our Verdict

Mutual of Omaha is the stronger choice for final expense insurance due to their specialized focus, faster approval process, and highly competitive rates. Aetna is a solid alternative if you want a larger coverage amount.

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