Mutual of Omaha vs Transamerica Life Insurance

Mutual of Omaha and Transamerica are two solid life insurance companies. Rest assured you can't make a bad choice if you have narrowed it down to Mutual of Omaha and Transamerica. See our side by side comparison below to see how these two companies stack up. We have included financial ratings, current leadership, assets, and premium in force for both Mutual of Omaha and Transamerica.
    Mark W. Mullin
    All 50 States
    Cedar Rapids, Iowa

    Diversity Best Practices Inclusion Index

    2018 Thomson Reuters Lipper Fund Award

  • PROS
    • Financially secure
    • Competitive life insurance products
    • Variety of products available
  • CONS
    • Some insureds have complained of having to deal with third-party representatives instead of direct sales agents.
    • No BBB accreditation
    James Blackledge
    44 States
    Mutual of Omaha Insurance Company 3300 Mutual of Omaha Plaza Omaha, Nebraska 68175

    2018 Nebraska National Guard Homeland Defense Service Ribbon and the Employer Support of the Guard & Reserve (ESGR) Pro Patria Award

    2018 Mosaic Diversity & Inclusion Award from the Human Resource Association of the Midlands (HRAM)

  • PROS
    • Guaranteed acceptance available
    • Lenient preferred rates
    • Strong and stable
  • CONS
    • Top options require a call
    • Limited online account

Compare Other Options

1st place trophy

Health IQ is a unique life insurance brokerage that gets you special rates if you live an active lifestyle. If you exercise a few times per week, you can qualify for lower rates. Click below to get an accurate quote.

2nd place trophy

AIG, also know as American International Group, has been in business since 1919. AIG's strong financial rating, product selection and competitive pricing earns it the #2 spot.

3rd place trophy

Banner is a subsidiary of Legal & General, and have been in business since 1836. They hold an A+ financial rating and have some of the most competitive rates. This earns them the #3 spot.

SOURCE Transamerica Mutual of Omaha
JD Power 2/5 4/5
AM Best A+ A+
Moody's A1 A1
Fitch A+ N/A
Standard & Poor AA- AA-
Comdex Score N/A 93
SOURCE Transamerica Mutual of Omaha
Total Assets $8.63 billion $42.429 billion
Life Insurance in Force $1,018 billion $216 billion
Transamerica Mutual of Omaha
Whole life insuranceTerm Life Insurance
Term life insuranceAccidental Death Insurance
Universal life insuranceWhole Life Insurance
Variable Universal life insuranceChildren's Whole Life
Life Protection Advantage SM
Income Advantage SM
Guaranteed Universal Life
Transamerica Mutual of Omaha
Trendsetter SuperTerm Life Insurance
Trendsetter ExpressAccidental Death Insurance
Trendsetter Living BenefitsWhole Life Insurance
Transamerica Universal LifeChildren's Whole Life
Transamerica Premier Financial Foundation IULLife Protection Advantage SM
Guaranteed Whole LifeIncome Advantage SM
Guaranteed Universal Life
Transamerica Mutual of Omaha
Children’s Insurance RiderAccelerated death benefit
Accident Indemnity RiderAccidental death benefit
Return of Premium Rider (For 20- & 30 Year Terms)Other insured extension
Waiver of Premium RiderWaiver of premium
Guaranteed Insurability Benefit RiderChildren’s riders
Disability and unemployment premium waivers
Jonathan Holloway
January 1, 1970
Jonathan is a licensed life insurance agent at NoExam.com that writes about insurance, personal finance, lifestyle, and sports. See our pages on term life insurance, life insurance rates and life insurance companies for more.
Disclaimer: We make every attempt to make sure our information is up to date, but since things change often it is best to double check the data. This review is an opinion. Clicking on links may result in NoExam.com being compensated.