is Mutual of omaha a good insurance company?

Mutual of Omaha is a very large company that includes the following subsidiaries: United of Omaha Life Insurance Company, United World Life Insurance Company, Mutual of Omaha Investor Services, Inc., Omaha Financial Holdings, Inc., and East Campus Realty, LLC (according to Wikipedia). Mutual of Omaha has been in business for many years; they first opened their doors on Jan. 1st of 1909.

The parent company offers banking, as well as insurance, products and has several alternative business names, including: Mutual Asset Management Co., Mutual of Omaha Investor Services, Inc., Mutual of Omaha Marketing Corporation, The Omaha Indemnity Company, Exclusive Healthcare, Inc., Mutual of Omaha Health Plans of Lincoln, Preferred Health Alliance, Inc., United of Omaha Life Insurance, Tele-Trip Company, Inc., and the Companion Life Insurance Company.

Mutual of Omaha offers many types of insurance: whole life, critical illness, disability, dental, work site, hospital, long-term care, Medicare supplemental, and heart attack and stroke insurance. Additionally, they offer services in annuities, investments, structured settlements and small business solutions.

Mutual of Omaha sells insurance policies in all of the 50 United States of America, plus the District of Columbia.

Mutual of Omaha has been accredited by the Better Business Bureau since February 1940 and carries an A+ rating with them. The BBB has based their ratings, among other points, upon the length of time the business has been operating, the volume of complaints for a company of its size, and Mutual of Omaha's responses to, and resolutions of, complaints against their business on file at the BBB.

Among complaints posted online about Mutual of Omaha were: that payments were sent to the customer in an untimely manner; acts of poor and/or unavailable customer service; instances of unauthorized multiple debit withdrawals; disqualifying benefit payments that were qualified and paid by similar insurance companies on the same, exact incident; and a 400% increase of premium rates at the age of 65.

Read Mutual of Omaha Reviews from consumers.

Of course, as with any insurance, be sure to research what options and plans are available to you from more than one company. Be sure to get everything agreed to by the company you choose to purchase insurance from, in writing, before you decide whether or not to purchase any product.