Chances are if you searched for Mutual of Omaha vs Transamerica it is because you are comparing the two companies final expense insurance offerings.
And that is smart because they both have some of the best burial insurance plans in the marketplace.
Both companies offer whole life insurance policies, with fixed premiums, cash value growth and a guaranteed death benefit.
Both Mutual of Omaha and Transamerica may require that you answer some health questions in order to qualify for coverage.
You can learn more about each company by checking out our comparison chart directly below.
Be sure to pay special attention to each company’s financial ratings, as this is a great indicator of how well each company will perform long term.
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Comparing ⟶ | Mutual of Omaha | Transamerica |
Year Founded |
1909 |
1928 |
Company Structure |
Mutual |
Stock |
Pricing |
$ $ $ | $ $ $ |
Types of Policies: |
||
Term Life |
✓ | ✓ |
Whole Life |
✓ | ✓ |
Universal Life |
✓ | ✓ |
Final Expense |
✓ | ✓ |
Ratings: |
||
A+ |
A |
|
A+ |
A+ |
|
A1 |
A1 |
|
✗ | A+ |
|
90 |
84 |
|
A+ |
Not Accredited |
|
0.65 |
1.34 |
|
IBUSA's Overall Score |
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Company Review |