1. Mutual of Omaha vs Fidelity Life

Mutual of Omaha vs Fidelity Life

Mutual of Omaha and Fidelity Life are financially strong companies that have stood the test of time. Both companies allow people to receive quotes and apply online, which is very convenient. The largest differences are that Fidelity Life offers final expense insurance and Mutual of Omaha offers universal life insurance and has a few options for whole life insurance.

Mutual of Omaha logo
#38 Mutual of Omaha
3.4 Overall Score
3.4
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(5)
Fidelity Life logo verified_user
#10 Fidelity Life
7.1 Overall Score
2.6
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(26)

Overview

Mutual of Omaha

Fidelity Life

Monthly Premium
Monthly Premium
$19.03*
Undisclosed
Policy Types
Policy Types
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Term
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Whole
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Universal
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Term
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Whole
Coverage
Coverage
50
48 states
Time In Business
Time In Business
111 Years
124 Years

Ratings

Mutual of Omaha

Fidelity Life

Overall Score
Overall Score
3.4 of 10
7.1 of 10
Review Score
Review Score
3.4
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2.6
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Value for Money
Value for Money
3.3
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3.1
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Quality of Product or Service
Quality of Product or Service
3.7
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3.0
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Customer Service
Customer Service
3.7
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3.1
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Company Trustworthiness
Company Trustworthiness
3.7
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3.0
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Likely to Recommend
Likely to Recommend
5.0 of 10
4.8 of 10

Reviews

Mutual of Omaha

Fidelity Life

Number of Reviews
Number of Reviews
5
26
Review Breakdown
Review Breakdown
3.4
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5 star
20%
4 star
40%
3 star
20%
2 star
0%
1 star
20%
2.6
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5 star
27%
4 star
15%
3 star
4%
2 star
0%
1 star
54%

Reviews for Mutual of Omaha

Helpful Favorable Review

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Erika

August 3rd, 2020 American Fork, UT DETAILS arrow_drop_down
Value for your money
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Quality of product or service
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Customer service
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Company trustworthiness
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We have worked with Mutual of Omaha for a while. They have been a good company to work with. Unfortunately when we called in with some basic questions regarding our account they weren't really able to answer them very well. Im not sure if it was just the person we talked to or if a lot of their service agents aren't very well informed.


Helpful Critical Review

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Deborah A Martin

August 3rd, 2020 Hoffman Estates, IL

After 18 yrs they never notify until there is extra money needed. Based on time frame couldn't come up with funds. Applied for new policy and was denied


Reviews for Fidelity Life

Helpful Favorable Review

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Stephanie Love

August 3rd, 2020 Herriman, UT DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

I currently have fidelity for my life insurance. It was super easy to set up. I talked to someone for about 20-30 minutes and they got everything set up for me. No medica exam needed and they gave an awesome rate. They answered all my questions and set everything out to me in a hard copy for my records. I feel comfortable knowing that my loved ones will be taken care of if some unfortunate thing ever happens to me.


Helpful Critical Review

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Deedee

August 3rd, 2020 Cowansville, PA DETAILS arrow_drop_down
Value for your money
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Quality of product or service
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Customer service
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Company trustworthiness
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My Dad signed on for 10 yr term life. His payment was 40.00 a month once the 10 year term was up and since he wasn't dead yet it went to 400.00 a month. Which he couldn't afford. So he was out his money and then died a year later with no coverage. Don't get term life it doesn't hold cash value and then they make payments unaffordable to continue coverage if needed.


The Final Word

Mutual of Omaha offers term, whole, and universal life insurance. It also has accidental death insurance policies. This robust offering makes it easy to find the product that best meets your needs.

Mutual of Omaha also offers flexibility when purchasing life insurance. You can purchase most policies online or work with an agent. In some cases, the options available when working with an agent are different than those available for online purchase. You must work with an agent to purchase universal life insurance policies.

While Mutual of Omaha does offer some riders with policies, it provides limited information on these online. In contrast, Fidelity Life offers more comprehensive information on riders available with each type of policy. One notable rider option is the inflation rider that maintains the purchasing power of the coverage you buy.

You can purchase term life insurance or whole life insurance for seniors from Fidelity Life. It also offers final expense insurance. You can also apply for life insurance policies from Fidelity Life's website.

It's hard to go wrong when choosing between these two companies. Both are reliable and have stood the test of time. Both allow you to apply for life insurance online. Mutual of Omaha has a few more policy options than Fidelity Life. However, Fidelity Life offers final expense insurance and offers an inflation rider. The choice really comes down to the kind of policy and what rider options you want.

top choice

Fidelity Life
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