Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Full Bio →

Written by

Benjamin Carr was a licensed insurance agent in Georgia and has two years' experience in life, health, property and casualty coverage. He has worked with State Farm and other risk management firms. He is also a strategic writer and editor with a background in branding, marketing, and quality assurance. He has been in military newsrooms — literally on the frontline of journalism.

Full Bio →

Reviewed by Benji Carr
Former Licensed Life Insurance Agent

UPDATED: Jul 21, 2021

Advertiser Disclosure

It’s all about you. We want to help you make the right life insurance coverage choices.

Advertiser Disclosure: We strive to help you make confident life insurance decisions. Comparison shopping should be easy. We are not affiliated with any one life insurance provider and cannot guarantee quotes from any single provider.

Our life insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from top life insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance-related. We update our site regularly, and all content is reviewed by life insurance experts.

The Facts of Life

  • AIG vs. Mutual of Omaha life insurance rates are affordable regardless of term length or gender
  • You’ll be able to purchase term, whole, universal, or variable universal life insurance products with AIG or Mutual of Omaha
  • AIG has a better A.M. Best rating while Mutual of Omaha has a higher Better Business Bureau rating

For those looking for competitive term life insurance, a worthwhile comparison could be AIG vs. Mutual of Omaha life insurance. Both life insurance providers are among the top in the industry.

Comparing life insurance providers isn’t always easy. We’ll help by reviewing the AIG vs. Mutual of Omaha life insurance rates, ratings, products, and reviews.

Before you rush to learn more about AIG or Mutual of Omaha life insurance, enter your ZIP code to get personalized rates from life insurance providers near you.

AIG vs. Mutual of Omaha: Which is the best life insurance company?

AIG and Mutual of Omaha offer different insurance products. You’ll find that AIG insurance products include travel, health, and auto insurance. Mutual of Omaha offers life insurance, Medicare, and financial assistance.

The AIG vs Mutual of Omaha life insurance policies are nearly identical. Both companies offer the following policy types:

It’s helpful to know that both companies offer term and permanent life insurance options in case you decide you want a term life insurance conversion in the future.

With each company offering similar options, you’re probably wondering which will offer the better rates.

Enter your ZIP code below to compare cheap life insurance rates.

 Secured with SHA-256 Encryption

AIG vs. Mutual of Omaha: Which company has cheaper term life insurance?

Many people want the cheapest life insurance possible. Term life insurance is almost always cheaper than permanent life insurance. Below, we’ll compare the most affordable AIG vs. Mutual of Omaha life insurance options.

AIG vs. Mutual of Omaha Life Insurance Rates by Age, Gender, and Term Length for $250,000
Age and Gender10-Year Term (AIG)10-Year Term (Mutual of Omaha)20-Year Term (AIG)20-Year Term (Mutual of Omaha)
25 - Female$9.57$9.89$11.33$12.04
25 - Male$10.34$11.18$12.90$13.33
35 - Female$11.08$11.40$12.69$13.76
35 - Male$11.67$13.12$13.53$14.84
45 - Female$16.46$15.91$23.06$25.16
45 - Male$17.95$18.06$28.28$30.75
55 - Female$31.68$31.39$52.58$54.61
55 - Male$41.68$41.50$69.89$72.24
Get Your Rates Quote Now
Compare RatesStart Now →

Most people want to have at least $250,000 worth of life insurance coverage. This is usually enough to cover expenses such as a mortgage, credit card debt, or car payments.

You’ll notice above that the AIG vs. Mutual of Omaha life insurance rates are very competitive. Regardless of term length, your AIG life insurance quote should be within a few dollars of Mutual of Omaha’s.

The above rates are assuming you are healthy. The AIG or Mutual of Omaha life insurance quotes could vary drastically for those who have bad habits like smoking.

AIG vs. Mutual of Omaha Life Insurance Rates for Male Smokers vs. Non-Smokers by Age and Policy Length for $100,000
Age and Smoking Status10-Year (AIG)10-Year (Mutual of Omaha)20-Year (AIG)20-Year (Mutual of Omaha)
35 - Non-Smoker$10.64$10.19$11.17$11.48
35 - Smoker$23.26$26.70$29.60$34.62
45 - Non-Smoker$14.86$15.01$17.59$19.14
45 - Smoker$47.70$41.84$57.11$73.32
55 - Non-Smoker$26.62$27.65$37.26$40.98
55 - Smoker$82.46$90.26$126.80$144.44
Get Your Rates Quote Now
Compare RatesStart Now →

In this case, there aren’t any major differences between companies for smokers vs. nonsmokers. Mutual of Omaha becomes increasingly more expensive for older smokers with longer policy terms, however.

If you choose term life insurance, you shouldn’t expect much variation in your monthly Mutual of Omaha or AIG insurance payment. But which company is more reliable?

AIG vs. Mutual of Omaha: Which company has better ratings?

Considering there shouldn’t be any major difference between your AIG or Mutual of Omaha life insurance quotes, you might want to prioritize company ratings to ensure your death benefit is properly handled.

AIG vs. Mutual of Omaha Financial Strength Ratings and Customer Reviews
Ratings AgencyAIG RatingMutual of Omaha Rating
A.M. BestAA-
Better Business Bureau (BBB)FA+
Moody'sA2A1
Standard & Poor's (S&P)A+A+
Get Your Rates Quote Now
Compare RatesStart Now →

Life insurance ratings for financial strength are important, as you want to know your provider can afford to make payouts when the time comes. As with rates, AIG and Mutual of Omaha have competitive ratings.

Free Life Insurance Comparison

Enter your ZIP code below to compare cheap life insurance rates.

 Secured with SHA-256 Encryption

The big outlier here is the Better Business Bureau (BBB) rating. AIG is not accredited and has a poor rating that suggests you won’t have much success when contacting the customer service team.

Mutual of Omaha has a positive rating from the BBB which suggests that they handle complaints promptly. Both companies have strong financial strength ratings via A.M. Best and other top rating agencies.

AIG vs. Mutual of Omaha: What are the pros and cons?

When comparing AIG and Mutual of Omaha life insurance, you’ll find many similarities. This includes products, rates, and ratings.

Here, we’ll break down the key pros and cons to help you decide if you want to buy AIG or Mutual of Omaha life insurance.

Pros

  • Strong financial ratings (both companies)
  • Competitive rates (both companies – AIG for older smokers)
  • Strong BBB rating (Mutual of Omaha)

Cons

  • No discounts (both companies)
  • Customer service concerns (AIG)

When choosing between AIG vs. Mutual of Omaha, you should feel confident knowing both companies offer respectable rates backed by strong industry ratings.

Enter your ZIP code below to compare cheap life insurance rates.

 Secured with SHA-256 Encryption

AIG vs. Mutual of Omaha: The Bottom Line

Although AIG is the more popular insurance company, Mutual of Omaha offers life insurance products that are just as competitive.

Hopefully the above information will help you to decide if AIG vs. Mutual of Omaha life insurance is right for you. Get quotes from top companies near you in just a few clicks using our free quote tool below.