Mutual of Omaha Whole Life Insurance Rates For Seniors (2024)

There is a real lack of price transparency in life insurance. We’re working to shed some light on this.

Below are the monthly and annual costs of Mutual of Omaha’s Living Promise Level Benefit and Graded Benefit products, as well as whole-life policy rates.

See the linked article if you’re looking for our full Mutual of Omaha life insurance review.

What Is Mutual of Omaha’s Living Promise Product?

Level Benefit Plan

• Death Benefit: 100%
• Issue Ages: 45-85
• Face Amounts: $2,000 – $50,000 (in WA, $25,000 – $50,000)
• Underwriting Classes: Standard Tobacco/Non-tobacco
• Underwriting Requirements: health questions, automated pharmaceutical check

Graded Benefit Plan

• Issue Ages: 45-80 (in NY, 50-75)
• Face Amounts: $2,000 − $20,000
• Underwriting Class: Standard (no tobacco distinction)
• Underwriting Requirements: health questions and pharmaceutical check
• Not available: In AR, MT, NC, or WA

Mutual of Omaha Whole Life Insurance Rates

How much does whole life insurance cost per month? This section covers the summary tables for Mutual of Omaha life insurance rates for men and women who are not tobacco users.

Level Benefit Rates By Age & Coverage Amount (Summary Tables)

We know whole life insurance prices go up with age, but by how much?

The Mutual of Omaha life insurance rate chart below shows prices for men aged 45-85 for coverage of $5,000, $10,000, $15,000, $20,000, and $25,000. Note that these rates are for individuals who are not tobacco users.

Age	$5,000	$10,000	$15,000	$20,000	$25,000
45	$12	$24	$36	$48	$60
46	$12	$24	$37	$49	$61
47	$13	$25	$38	$50	$63
48	$13	$26	$39	$52	$65
49	$13	$27	$40	$53	$67
50	$14	$27	$41	$55	$69
51	$14	$28	$42	$56	$71
52	$14	$29	$43	$58	$72
53	$15	$30	$44	$59	$74
54	$16	$31	$47	$62	$78
55	$16	$33	$49	$65	$82
56	$17	$34	$51	$68	$85
57	$18	$36	$53	$71	$89
58	$19	$37	$56	$74	$93
59	$19	$39	$58	$77	$97
60	$20	$41	$61	$81	$101
61	$22	$43	$65	$86	$108
62	$23	$46	$69	$92	$115
63	$24	$48	$72	$96	$120
64	$25	$50	$76	$101	$126
65	$27	$53	$80	$107	$133
66	$28	$57	$85	$113	$142
67	$30	$60	$90	$120	$150
68	$32	$64	$95	$127	$159
69	$34	$68	$101	$135	$169
70	$36	$71	$107	$143	$179
71	$38	$76	$113	$151	$189
72	$40	$81	$121	$162	$202
73	$43	$86	$129	$173	$216
74	$46	$92	$137	$183	$229
75	$48	$97	$145	$194	$242
76	$52	$104	$156	$208	$260
77	$55	$111	$166	$222	$277
78	$59	$119	$178	$238	$297
79	$63	$126	$189	$253	$316
80	$68	$137	$205	$273	$341
81	$73	$147	$220	$293	$367
82	$78	$157	$235	$314	$392
83	$84	$168	$252	$336	$420
84	$89	$179	$268	$357	$447
85	$95	$190	$284	$379	$474

Age45

$5,000$12

$10,000$24

$15,000$36

$20,000$48

$25,000$60

Age46

$5,000$12

$10,000$24

$15,000$37

$20,000$49

$25,000$61

Age47

$5,000$13

$10,000$25

$15,000$38

$20,000$50

$25,000$63

Age48

$5,000$13

$10,000$26

$15,000$39

$20,000$52

$25,000$65

Age49

$5,000$13

$10,000$27

$15,000$40

$20,000$53

$25,000$67

Age50

$5,000$14

$10,000$27

$15,000$41

$20,000$55

$25,000$69

Age51

$5,000$14

$10,000$28

$15,000$42

$20,000$56

$25,000$71

Age52

$5,000$14

$10,000$29

$15,000$43

$20,000$58

$25,000$72

Age53

$5,000$15

$10,000$30

$15,000$44

$20,000$59

$25,000$74

Age54

$5,000$16

$10,000$31

$15,000$47

$20,000$62

$25,000$78

Age55

$5,000$16

$10,000$33

$15,000$49

$20,000$65

$25,000$82

Age56

$5,000$17

$10,000$34

$15,000$51

$20,000$68

$25,000$85

Age57

$5,000$18

$10,000$36

$15,000$53

$20,000$71

$25,000$89

Age58

$5,000$19

$10,000$37

$15,000$56

$20,000$74

$25,000$93

Age59

$5,000$19

$10,000$39

$15,000$58

$20,000$77

$25,000$97

Age60

$5,000$20

$10,000$41

$15,000$61

$20,000$81

$25,000$101

Age61

$5,000$22

$10,000$43

$15,000$65

$20,000$86

$25,000$108

Age62

$5,000$23

$10,000$46

$15,000$69

$20,000$92

$25,000$115

Age63

$5,000$24

$10,000$48

$15,000$72

$20,000$96

$25,000$120

Age64

$5,000$25

$10,000$50

$15,000$76

$20,000$101

$25,000$126

Age65

$5,000$27

$10,000$53

$15,000$80

$20,000$107

$25,000$133

Age66

$5,000$28

$10,000$57

$15,000$85

$20,000$113

$25,000$142

Age67

$5,000$30

$10,000$60

$15,000$90

$20,000$120

$25,000$150

Age68

$5,000$32

$10,000$64

$15,000$95

$20,000$127

$25,000$159

Age69

$5,000$34

$10,000$68

$15,000$101

$20,000$135

$25,000$169

Age70

$5,000$36

$10,000$71

$15,000$107

$20,000$143

$25,000$179

Age71

$5,000$38

$10,000$76

$15,000$113

$20,000$151

$25,000$189

Age72

$5,000$40

$10,000$81

$15,000$121

$20,000$162

$25,000$202

Age73

$5,000$43

$10,000$86

$15,000$129

$20,000$173

$25,000$216

Age74

$5,000$46

$10,000$92

$15,000$137

$20,000$183

$25,000$229

Age75

$5,000$48

$10,000$97

$15,000$145

$20,000$194

$25,000$242

Age76

$5,000$52

$10,000$104

$15,000$156

$20,000$208

$25,000$260

Age77

$5,000$55

$10,000$111

$15,000$166

$20,000$222

$25,000$277

Age78

$5,000$59

$10,000$119

$15,000$178

$20,000$238

$25,000$297

Age79

$5,000$63

$10,000$126

$15,000$189

$20,000$253

$25,000$316

Age80

$5,000$68

$10,000$137

$15,000$205

$20,000$273

$25,000$341

Age81

$5,000$73

$10,000$147

$15,000$220

$20,000$293

$25,000$367

Age82

$5,000$78

$10,000$157

$15,000$235

$20,000$314

$25,000$392

Age83

$5,000$84

$10,000$168

$15,000$252

$20,000$336

$25,000$420

Age84

$5,000$89

$10,000$179

$15,000$268

$20,000$357

$25,000$447

Age85

$5,000$95

$10,000$190

$15,000$284

$20,000$379

$25,000$474

The table below shows the Mutual of Omaha life insurance cost for women aged 45-85 with coverage amounts of $5,000, $10,000, $15,000, $20,000, and $25,000. Again, these rates are for individuals who are not tobacco users.

Age	$5,000	$10,000	$15,000	$20,000	$25,000
45	$10	$19	$29	$39	$49
46	$10	$20	$30	$40	$50
47	$10	$20	$30	$40	$50
48	$10	$21	$31	$41	$52
49	$11	$21	$32	$43	$53
50	$11	$21	$32	$42	$53
51	$11	$22	$33	$44	$55
52	$11	$23	$34	$45	$57
53	$12	$23	$35	$46	$58
54	$12	$24	$36	$48	$60
55	$12	$25	$37	$49	$61
56	$13	$25	$38	$51	$63
57	$13	$27	$40	$54	$67
58	$14	$28	$41	$55	$69
59	$14	$29	$43	$57	$71
60	$15	$30	$45	$59	$74
61	$16	$31	$47	$63	$78
62	$16	$33	$49	$66	$82
63	$17	$35	$52	$69	$86
64	$18	$36	$54	$72	$90
65	$19	$38	$57	$76	$95
66	$20	$40	$60	$80	$101
67	$21	$43	$64	$85	$107
68	$23	$45	$68	$90	$113
69	$24	$48	$71	$95	$119
70	$25	$50	$75	$100	$125
71	$27	$53	$80	$106	$133
72	$28	$55	$83	$111	$138
73	$30	$60	$91	$121	$151
74	$32	$65	$97	$129	$161
75	$35	$69	$104	$138	$173
76	$38	$75	$113	$150	$188
77	$40	$80	$120	$161	$201
78	$43	$85	$128	$170	$213
79	$45	$90	$135	$180	$226
80	$48	$95	$143	$190	$238
81	$52	$103	$155	$206	$258
82	$55	$111	$166	$222	$277
83	$59	$118	$177	$236	$295
84	$63	$125	$188	$251	$313
85	$66	$133	$199	$265	$332

Age45

$5,000$10

$10,000$19

$15,000$29

$20,000$39

$25,000$49

Age46

$5,000$10

$10,000$20

$15,000$30

$20,000$40

$25,000$50

Age47

$5,000$10

$10,000$20

$15,000$30

$20,000$40

$25,000$50

Age48

$5,000$10

$10,000$21

$15,000$31

$20,000$41

$25,000$52

Age49

$5,000$11

$10,000$21

$15,000$32

$20,000$43

$25,000$53

Age50

$5,000$11

$10,000$21

$15,000$32

$20,000$42

$25,000$53

Age51

$5,000$11

$10,000$22

$15,000$33

$20,000$44

$25,000$55

Age52

$5,000$11

$10,000$23

$15,000$34

$20,000$45

$25,000$57

Age53

$5,000$12

$10,000$23

$15,000$35

$20,000$46

$25,000$58

Age54

$5,000$12

$10,000$24

$15,000$36

$20,000$48

$25,000$60

Age55

$5,000$12

$10,000$25

$15,000$37

$20,000$49

$25,000$61

Age56

$5,000$13

$10,000$25

$15,000$38

$20,000$51

$25,000$63

Age57

$5,000$13

$10,000$27

$15,000$40

$20,000$54

$25,000$67

Age58

$5,000$14

$10,000$28

$15,000$41

$20,000$55

$25,000$69

Age59

$5,000$14

$10,000$29

$15,000$43

$20,000$57

$25,000$71

Age60

$5,000$15

$10,000$30

$15,000$45

$20,000$59

$25,000$74

Age61

$5,000$16

$10,000$31

$15,000$47

$20,000$63

$25,000$78

Age62

$5,000$16

$10,000$33

$15,000$49

$20,000$66

$25,000$82

Age63

$5,000$17

$10,000$35

$15,000$52

$20,000$69

$25,000$86

Age64

$5,000$18

$10,000$36

$15,000$54

$20,000$72

$25,000$90

Age65

$5,000$19

$10,000$38

$15,000$57

$20,000$76

$25,000$95

Age66

$5,000$20

$10,000$40

$15,000$60

$20,000$80

$25,000$101

Age67

$5,000$21

$10,000$43

$15,000$64

$20,000$85

$25,000$107

Age68

$5,000$23

$10,000$45

$15,000$68

$20,000$90

$25,000$113

Age69

$5,000$24

$10,000$48

$15,000$71

$20,000$95

$25,000$119

Age70

$5,000$25

$10,000$50

$15,000$75

$20,000$100

$25,000$125

Age71

$5,000$27

$10,000$53

$15,000$80

$20,000$106

$25,000$133

Age72

$5,000$28

$10,000$55

$15,000$83

$20,000$111

$25,000$138

Age73

$5,000$30

$10,000$60

$15,000$91

$20,000$121

$25,000$151

Age74

$5,000$32

$10,000$65

$15,000$97

$20,000$129

$25,000$161

Age75

$5,000$35

$10,000$69

$15,000$104

$20,000$138

$25,000$173

Age76

$5,000$38

$10,000$75

$15,000$113

$20,000$150

$25,000$188

Age77

$5,000$40

$10,000$80

$15,000$120

$20,000$161

$25,000$201

Age78

$5,000$43

$10,000$85

$15,000$128

$20,000$170

$25,000$213

Age79

$5,000$45

$10,000$90

$15,000$135

$20,000$180

$25,000$226

Age80

$5,000$48

$10,000$95

$15,000$143

$20,000$190

$25,000$238

Age81

$5,000$52

$10,000$103

$15,000$155

$20,000$206

$25,000$258

Age82

$5,000$55

$10,000$111

$15,000$166

$20,000$222

$25,000$277

Age83

$5,000$59

$10,000$118

$15,000$177

$20,000$236

$25,000$295

Age84

$5,000$63

$10,000$125

$15,000$188

$20,000$251

$25,000$313

Age85

$5,000$66

$10,000$133

$15,000$199

$20,000$265

$25,000$332

Check Out: AARP Life Insurance: Detailed Rate Analysis

Mutual of Omaha Final Expense Whole Life Insurance Rates By Age

How much is Mutual of Omaha whole life insurance for a 45 year old?

$5,000 of Coverage for 45-year-old men

If you are a 45 year old male and NOT a tobacco user, then $5,000 of whole life coverage from Mutual of Omaha rates will reach $11.95 per month, or $134.30 per year.

If you ARE a tobacco user, then the whole life insurance monthly cost will be $16.51 ($185.50 per year).

$15,000 of Coverage for 45-year-old men

If you are a 45-year-old male and not a tobacco user, $15,000 of whole life coverage from Mutual of Omaha will cost you $35.86 per month or $402.90 per year.

If you are a tobacco user, your monthly rate will be $49.53 or $556.50 per year.

$25,000 of Coverage for 45-year-old men

If you are a 45-year-old male and NOT a tobacco user, then the Mutual of Omaha life insurance price for $25,000 of coverage will be $59.76 per month or $671.50 per year.

If you are a tobacco user, your monthly rate will be $82.55 or $927.50 per year.

How much is Mutual of Omaha whole life insurance for a 50 year old?

$5,000 of Coverage for 50-year-old men

If you are a 50-year-old male and not a tobacco user, then $5,000 of whole life coverage from Mutual of Omaha will cost you $13.74 per month or $154.35 per year.

If you are a tobacco user, your monthly rate will be $17.53 or $197.00 per year.

$15,000 of Coverage for 50-year-old men

If you are a 50-year-old male and not a tobacco user, $15,000 of whole life coverage from Mutual of Omaha will cost you $41.21 per month or $463.05 per year.

If you are a tobacco user, your monthly rate will be $52.60 or $591.00 annually.

$25,000 of Coverage for 50-year-old men

If you are a 50-year-old male and not a tobacco user, $25,000 of whole life coverage from Mutual of Omaha will cost you $68.69 monthly or $771.75 per year.

If you use tobacco, your monthly rate will be $87.67, or $985.00 per year.

How much is Mutual of Omaha whole life insurance for a 55 year old?

$5,000 of Coverage for 55-year-old men

If you are a 55-year-old male and NOT a tobacco user, then a $5,000 coverage of a Mutual of Omaha life insurance policy will cost you $16.37 per month or $183.95 per year.

If you ARE a tobacco user, your monthly rate will be $22.29, or $250.40 per year.

$15,000 of Coverage for 55-year-old men

If you are a 55-year-old male and not a tobacco user, $15,000 of whole life coverage from Mutual of Omaha will cost you $49.11 per month or $551.85 per year.

If you are a tobacco user, your monthly rate will be $66.86 or $751.20 per year.

$25,000 of Coverage for 55-year-old men

If you are a 55-year-old male and not a tobacco user, $25,000 of whole life coverage from Mutual of Omaha will cost you $81.86 per month or $919.75 per year.

If you are a tobacco user, your monthly rate will be $111.43 or $1,252.00 per year.

How much is Mutual of Omaha whole life insurance for a 60 year old?

$5,000 of Coverage for 60-year-old men

This life insurance for a 60-year-old male who isn’t a tobacco user will cost $20.28 per month or $227.85 annually.

If you are a tobacco user, your monthly rate will be $28.22 or $317.05 annually.

$15,000 of Coverage for 60-year-old men

If you are a 60-year-old male and not a tobacco user, $15,000 of whole life coverage from Mutual of Omaha will cost you $60.84 per month or $683.55 per year.

If you ARE a tobacco user, your monthly rate will be $84.65 or $951.15 per year.

$25,000 of Coverage for 60-year-old men

If you are a 60-year-old male and not a tobacco user, $25,000 of whole life coverage from Mutual of Omaha will cost you $101.39 per month or $1,139.25 per year.

If you are a tobacco user, your monthly rate will be $141.09 or $1,585.25 per year.

How much is Mutual of Omaha whole life insurance for a 65 year old?

$5,000 of Coverage for 65-year-old men

If you are a 65 year old male and NOT a tobacco user, then $5,000 of whole life coverage from Mutual of Omaha will cost you $26.64 per month, or $299.30 per year.

If you are a tobacco user, your monthly rate will be $38.31 or $430.50 per year.

$15,000 of Coverage for 65-year-old men

If you are a 65 year old male and NOT a tobacco user, then $15,000 of whole life coverage from Mutual of Omaha will cost you $79.91 per month, or $897.90 per year.

If you are a tobacco user, your monthly rate will be $114.94 or $1,291.50 per year.

$25,000 of Coverage for 65-year-old men

If you are a 65-year-old male and not a tobacco user, $25,000 of whole life coverage from Mutual of Omaha will cost you $133.19 monthly or $1,496.50 per year.

If you ARE a tobacco user, your monthly rate will be $191.57, or $2,152.50 per year.

How much is Mutual of Omaha whole life insurance for a 70 year old?

$5,000 of Coverage for 70-year-old men

If you are a 70 year old male and NOT a tobacco user, then $5,000 of whole life coverage from Mutual of Omaha will cost you $35.70 per month, or $401.15 per year.

If you are a tobacco user, your monthly rate will be $52.08 or $585.15 per year.

$15,000 of Coverage for 70-year-old men

If you are a 70-year-old male and NOT a tobacco user, $15,000 of whole life coverage from Mutual of Omaha will cost you $107.11 monthly or $1,203.45 per year.

If you are a tobacco user, your monthly rate will be $156.24 or $1,755.45 per year.

$25,000 of Coverage for 70-year-old men

Mutual of Omaha life insurance for seniors over 70 who are NOT tobacco users for $25,000 of whole life coverage costs $178.51 per month or $2,005.75 per year.

If you are a tobacco user, your monthly rate will be $260.39 or $2,925.75 per year.

How much is Mutual of Omaha whole life insurance for a 75 year old?

$5,000 of Coverage for 75-year-old men

If you are a 75-year-old male and not a tobacco user, $5,000 of whole life coverage from Mutual of Omaha will cost you $48.38 per month or $543.65 per year.

If you are a tobacco user, your monthly rate will be $70.87 or $796.30 per year.

$15,000 of Coverage for 75-year-old men

If you are a 75-year-old male and NOT a tobacco user, $15,000 of whole life coverage from Mutual of Omaha will cost you $145.15 per month or $1,630.95 per year.

If you are a tobacco user, your monthly rate will be $212.61 or $2,388.90 per year.

$25,000 of Coverage for 75-year-old men

If you are a 75-year-old male and NOT a tobacco user, $25,000 of whole life coverage from Mutual of Omaha will cost you $241.92 monthly, or $2,718.25 per year.

If you ARE a tobacco user, your monthly rate will be $354.35, or $3,981.50 per year.

How much is Mutual of Omaha whole life insurance for an 80 year old?

$5,000 of Coverage for 80-year-old men

If you are an 80-year-old male and not a tobacco user, $5,000 of whole life coverage from Mutual of Omaha will cost you $68.26 monthly or $767.00 per year.

If you are a tobacco user, your monthly rate will be $101.53 or $1,140.80 per year.

$15,000 of Coverage for 80-year-old men

Mutual of Omaha life insurance for seniors over 80 who are NOT tobacco users costs $204.79 per month, or $2,301.00 per year, for $15,000 of whole life coverage.

If you ARE a tobacco user, your monthly rate will be $304.59, or $3,422.40 annually.

$25,000 of Coverage for 80-year-old men

$25,000 of whole life insurance for an 80 year old non-tobacco user will cost you $341.32 per month, or $3,835.00 per year.

If you are a tobacco user, your monthly rate will be $507.66 or $5,704.00 per year.

How much is Mutual of Omaha whole life insurance for an 85 year old?

$5,000 of Coverage for 85-year-old men

If you are a 85 year old male and NOT a tobacco user, then $5,000 of whole life coverage from Mutual of Omaha will cost you $94.77 per month, or $1,064.80 per year.

If you are a tobacco user, your monthly rate will be $139.87 or $1,571.55 per year.

$15,000 of Coverage for 85-year-old men

This Mutual of Omaha life insurance policy for a 85 year old, non-tobacco-using male will set you back $284.30 per month, or $3,194.40 per year.

If you are a tobacco user, your monthly rate will be $419.60 or $4,714.65 per year.

$25,000 of Coverage for 85-year-old men

If you are an 85-year-old male and not a tobacco user, $25,000 of whole life coverage from Mutual of Omaha will cost you $473.84 per month or $5,324.00 per year.

If you are a tobacco user, your monthly rate will be $699.34 or $7,857.75 per year.