Mutual of Omaha Insurance Company: An Overview

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Founded in 1909, Mutual of Omaha Insurance Company is an Omaha-based mutual insurance and financial services company. With a mission to help customers protect what they care about and achieve their financial goals, Mutual of Omaha offers a range of insurance and financial products, including life insurance, disability insurance, long-term care insurance, Medicare supplement insurance, annuities, and mutual funds.

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History of Mutual of Omaha Insurance Company

Mutual of Omaha Insurance Company was founded by Dr. C.C. and Mabel Criss in 1909 as Mutual Benefit Health & Accident Association. The company started as a provider of accident insurance for working men and women.

Over the years, the company expanded its product offerings and changed its name several times. In 1920, the company became Mutual Benefit Health & Accident Association of Omaha. In 1945, it changed its name to Mutual of Omaha Insurance Company, reflecting its broadened offerings in life insurance and other financial products.

Today, Mutual of Omaha is a Fortune 500 company with more than 5,000 employees and over $30 billion in assets.

Insurance Products Offered by Mutual of Omaha

Mutual of Omaha Insurance Company offers a range of insurance products to help customers protect themselves and their loved ones from life’s uncertainties.

Life Insurance

Mutual of Omaha offers a variety of life insurance products to meet customers’ needs, including term life insurance, whole life insurance, universal life insurance, and variable universal life insurance. With these products, customers can provide financial security for their loved ones in the event of their death.

Disability Insurance

Mutual of Omaha also offers disability insurance to help customers protect their income in the event they become unable to work due to illness or injury. The company offers both short-term and long-term disability insurance options.

Long-Term Care Insurance

As people age, they may require assistance with daily activities, such as bathing, dressing, and eating. Mutual of Omaha offers long-term care insurance to help customers cover the costs of this care should they need it in the future.

Medicare Supplement Insurance

Medicare does not cover all of the costs associated with healthcare. Mutual of Omaha offers Medicare supplement insurance to help customers cover the gaps in their Medicare coverage.

Financial Products Offered by Mutual of Omaha

In addition to insurance, Mutual of Omaha offers a range of financial products to help customers achieve their financial goals.

Annuities

Mutual of Omaha offers several types of annuities, including fixed annuities, indexed annuities, and variable annuities. An annuity is a contract between an individual and an insurance company that allows the individual to receive regular income in exchange for a lump sum or a series of payments.

Mutual Funds

Mutual of Omaha offers a variety of mutual funds to help customers invest their money. With a mutual fund, money from many investors is pooled together to buy a portfolio of stocks, bonds, or other securities.

FAQs

How do I file a claim with Mutual of Omaha?

To file a claim with Mutual of Omaha, customers can call the company’s customer service line or file a claim online. The company also offers a mobile app that allows customers to file claims and check the status of their claims on the go.

How do I make a payment on my Mutual of Omaha policy?

Customers can make payments on their Mutual of Omaha policies online, by phone, or by mail.

Does Mutual of Omaha offer discounts on insurance policies?

Yes, Mutual of Omaha offers discounts on insurance policies for certain groups, such as non-smokers and people with good health habits. The company also offers discounts for bundling multiple insurance policies.

How can I contact Mutual of Omaha customer service?

Customers can contact Mutual of Omaha customer service by phone, email, or mail. The company also offers a live chat feature on its website.

Does Mutual of Omaha have a mobile app?

Yes, Mutual of Omaha offers a mobile app that allows customers to manage their policies, file claims, and make payments on the go.

Conclusion

Mutual of Omaha Insurance Company has a long history of providing insurance and financial products to customers. With a range of insurance options, including life insurance, disability insurance, long-term care insurance, and Medicare supplement insurance, as well as annuities and mutual funds, Mutual of Omaha can help customers protect what they care about and achieve their financial goals.

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