1. 11498 POINTS
    Jason Goldenzweig
    Co-Founder, TermInsuranceBrokers.com, Goldenzweig Financial Group, Las Vegas, Nevada
    United of Omaha is one of the biggest carriers in the life insurance industry and is an A+ rated carrier by A.M. Best. Their life insurance rates can be competitive with many options.

    Often, some carriers have much better rates for certain types of coverage than other types (e.g. a carrier may be more competitive in the term insurance market than they are in the permanent insurance market, and vice versa).

    Please note, when comparing life insurance companies, there are a number of factors you need to consider in addition to the financial rating of a life insurance company. Just because they may be a big name company, does not mean they're going to be the best carrier for your needs.

    The most important factor you need to consider when looking at life insurance is the risk classification you qualify for. The risk classification determines the premiums for the program. It's important to shop the case BEFORE applying for any coverage so you know which carrier will work best for your specific medical history, which will in turn point you in the best starting position. You ideally want to only have to go through the underwriting process once, not multiple times. If you try to apply to multiple carriers at the same time, it often works against you as it acts like a red flag to carriers and more questions get asked.

    It's best to consult with an experienced life insurance broker who can help you determine what coverage structure is most suitable to your needs and budget, review and compare multiple options for you to make sure you're getting the lowest rates for the coverage.

    I hope the information is helpful - please feel free to contact me for help and if you have any other questions. Thanks very much.
    Answered on June 25, 2014
  2. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    United of Omaha Life Insurance Company is a subsidiary of Mutual of Omaha Life Insurance Company, which was established in 1909. When I was young, Mutual of Omaha was very well known because it sponsored the TV show, "Wild Kingdom", first airing in 1963. United of Omaha and Mutual of Omaha are still highly respected and highly rated insurance companies in the US today.
    Answered on June 25, 2014
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