Mutual of Omaha offers life insurance, disability insurance, Medicare supplement insurance and long-term care insurance. The company also has critical illness insurance, investments, annuities, and small business solutions as of 2016. Tools and calculators are available for customers to identify how much insurance or how many retirement savings they need, per Mutual of Omaha.
Critical illness insurance pays a lump-sum amount when diagnosis of a critical illness occurs. These policies help people cover the costs associated with treatment and other living expenses, according to Mutual of Omaha. Instead of covering specific treatments or services, critical illness insurance pays cash benefits with no restrictions on spending.
Mutual of Omaha offers structured settlement annuities for people who have gone through injury claims. These settlements come with guaranteed payments for a specific period, notes Mutual of Omaha. The payments are tax-free and do not fluctuate amid changing market conditions. They are a real alternate to lump-sum payment settlements.
The life insurance calculator allows people to discover how much coverage a family requires, states Mutual of Omaha. The calculation hinges on factors such as age, spouse's age, annual income, anticipated inflation and expenses. Mutual of Omaha's retirement savings calculator determines the monthly savings necessary based on a person's age, marital status, annual income and desired retirement savings.