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AIG vs. Mutual of Omaha

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AIG vs. Mutual of Omaha

AIG and Mutual of Omaha are both top final expense insurance companies in their own right.

In fact, both offer some of the best burial insurance for seniors in the marketplace.

However, both have policies with very different requirements when it comes to approval.

Mutual of Omaha requires you answer a series of health questions for the company’s no exam whole life insurance policies. Now, if you are relatively healthy, that is no big deal,

But what if you are not particularly healthy or have been turned down for life insurance coverage?

That is where AIG comes into play. AIG offers one of the best guaranteed issue life insurance policies in the U.S. And with guaranteed issue, you do not have to answer any health questions.

So which company will be best for you? We can’t say without first speaking to you. But here is our comparison chart of the two companies for you to get a better idea of the history and financial ratings of each company.

Comparing ⟶ American General (AIG) Mutual of Omaha

Year Founded

1919

1909

Company Structure

Stock

Mutual

Pricing

$ $ $ $ $ $

Types of Policies:

Term Life

Whole Life

Universal Life

Final Expense

Ratings:

A.M. Best Rating

A

A+

S&P Rating

A+

A+

Moody's Rating

A2

A1

Fitch Rating

A+

Comdex Rating

82

90

BBB Rating

B-

A+

NAIC complaint Index

0.51

0.65

IBUSA's Overall Score

Company Review

AIG – American General’s review

Mutual of Omaha’s review

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