Living Promise Level Benefit Calculator
Select your rating inputs below. Estimates use monthly bank draft (BSP), include the policy fee and exclude optional additional benefits. The calculator assumes qualification for Level Benefit; it does not decide whether you qualify.
$41.01 per month
Age 65 · Female · Non-Tobacco · $10,000 coverage · Monthly bank draft
Estimated Living Promise Level Benefit monthly premium based on the verified rate schedule and selected inputs. This is not an approval or offer of insurance. State availability, underwriting eligibility and final premium must be confirmed.
Female Non-Tobacco Level Benefit Rates
Estimated monthly bank-draft premiums. Each value below is calculated from the Level schedule and includes the policy fee.
| Age | $10,000 | $15,000 | $20,000 | $25,000 |
|---|---|---|---|---|
| 45 | $22.61 | $32.31 | $42.01 | $51.71 |
| 50 | $24.31 | $34.86 | $45.41 | $55.96 |
| 55 | $27.71 | $39.96 | $52.21 | $64.46 |
| 60 | $32.87 | $47.70 | $62.53 | $77.36 |
| 65 | $41.01 | $59.91 | $78.82 | $97.72 |
| 70 | $53.24 | $78.26 | $103.28 | $128.29 |
| 75 | $72.41 | $107.01 | $141.62 | $176.22 |
| 80 | $98.43 | $146.05 | $193.66 | $241.28 |
| 85 | $135.90 | $202.25 | $268.60 | $334.95 |
Male Non-Tobacco Level Benefit Rates
The same formula and payment assumptions apply. These are Level estimates, not Graded premiums or underwriting approvals.
| Age | $10,000 | $15,000 | $20,000 | $25,000 |
|---|---|---|---|---|
| 45 | $27.11 | $39.06 | $51.01 | $62.97 |
| 50 | $30.68 | $44.42 | $58.15 | $71.89 |
| 55 | $35.95 | $52.32 | $68.69 | $85.06 |
| 60 | $43.76 | $64.04 | $84.32 | $104.60 |
| 65 | $56.48 | $83.12 | $109.75 | $136.39 |
| 70 | $74.61 | $110.31 | $146.01 | $181.72 |
| 75 | $99.97 | $148.36 | $196.74 | $245.13 |
| 80 | $139.73 | $207.99 | $276.26 | $344.52 |
| 85 | $192.74 | $287.51 | $382.27 | $477.04 |
Tobacco Level Benefit Examples
Age 65 monthly bank-draft estimates from the same schedule. These four examples were among the current Florida validation quotes.
| Age / sex | $10,000 | $25,000 |
|---|---|---|
| 65 / Female | $56.66 | $136.84 |
| 65 / Male | $79.83 | $194.78 |
Why Doubling Coverage Does Not Double Every Premium
The formula includes a fixed $36 annual policy fee. That fee stays the same when the selected coverage amount changes, so the entire premium does not scale directly with the death benefit.
Monthly premium = ((annual rate per $1,000 × coverage in thousands) + $36) × 0.089. The 0.089 factor converts the annual calculation to the monthly bank-draft payment mode. Results are rounded to cents.
For example, at age 65, a non-tobacco female’s Level estimate is $41.01 for $10,000 and $78.82 for $20,000. Doubling $41.01 would give $82.02, which would count the fixed-fee portion twice. Compare equivalent payment modes when reviewing quotes.
Living Promise Level vs. Graded Benefit
Level Benefit
Current issue ages: 45–85. Current coverage range: $2,000–$50,000. Qualifying policies provide the full natural-death benefit from inception, subject to policy terms, exclusions and contestability.
Graded Benefit
Current issue ages: 45–80. Current coverage range: $2,000–$20,000. Initial natural-death benefits are limited under the policy’s benefit schedule. Read that schedule before comparing offers.
State variations may apply. These current product limits were verified separately from the older producer rate guide, which showed a lower historical Level maximum. The calculator and main tables are for Level Benefit only.
Current Graded Quote Examples
The older Mutual of Omaha producer guide’s Graded rate schedule did not match current Anchor Life test quotes, so Anchor Life does not publish that older schedule as current pricing.
September 11, 2026 Florida Living Promise Graded quote examples — not a complete graded rate table. All four are non-tobacco applicants with $10,000 coverage.
| Sex / age | Coverage | Monthly quote |
|---|---|---|
| Female / 65 | $10,000 | $49.93 |
| Female / 75 | $10,000 | $88.47 |
| Male / 65 | $10,000 | $68.44 |
| Male / 75 | $10,000 | $113.21 |
These are individual current quote examples. They do not supply rates for other ages, amounts or tobacco classes, and they are not used by the Level calculator. Request a current Graded quote for your own circumstances.
Health History Can Change the Offered Benefit Tier
Larry’s field experience: In my experience with Mutual of Omaha Living Promise cases, diabetic applicants have consistently been offered graded rather than level coverage. I have not personally seen a diabetic Living Promise applicant receive level coverage. Individual underwriting should still be verified.
This is first-hand Anchor experience, not a documented universal rule for every diabetic applicant. The current application and carrier decision control eligibility. Review our diabetes coverage guide and compare available immediate-benefit alternatives where appropriate.
Living Promise can be competitive for applicants who qualify for Level Benefit, but a lower quoted premium is not automatically the best policy if another carrier treats a health condition more favorably. Use the company comparison guide and our Mutual of Omaha and American Amicable comparison to prepare questions, not to assume a universally cheapest company.
Guaranteed Whole Life Is a Separate Product
Mutual of Omaha also offers a direct Guaranteed Whole Life product with no health questions. It is not Living Promise. Its premiums, issue ages, coverage limits and initial benefit schedule are not part of this calculator or these tables. Easier qualification does not automatically make it preferable to immediate coverage available elsewhere.
Our Mutual of Omaha burial insurance review provides broader product context. For general quote comparisons, see the final expense rates-by-age guide.
Frequently Asked Questions
How much is Mutual of Omaha Living Promise per month?
The estimate depends on age, sex, tobacco class, amount and benefit tier. For a 65-year-old non-tobacco female, $10,000 Level coverage calculates to $41.01 monthly bank draft. Qualification and the final carrier offer still need confirmation.
Are these rates current?
All 16 Level quotes tested in Florida on September 11, 2026 matched the schedule. Other displayed estimates are calculated from that schedule, not separately live-quoted. Rates and availability may change.
Does Living Promise require a medical exam?
Living Promise uses simplified underwriting without a traditional medical exam. Health questions and other underwriting checks still apply. No exam does not mean automatic approval.
What is the maximum Living Promise coverage amount?
The current Level maximum is $50,000; the Graded maximum is $20,000. Age, state and underwriting requirements apply.
What is the difference between Level and Graded Benefit?
Level provides immediate full natural-death benefits under its terms. Graded has an initial benefit limitation. The calculator does not predict which class an applicant will receive.
Why aren’t full Graded rates shown?
The older Graded schedule did not match current test quotes. Only the four specifically labeled current examples are shown; no wider current schedule is inferred.
Does diabetes qualify for Living Promise Level Benefit?
Larry has consistently seen graded offers in his diabetic Living Promise cases and has not personally seen a level offer. That is field experience, not a universal carrier rule. Verify the individual application and compare alternatives.
Is Mutual of Omaha always the cheapest final expense company?
No. Premium, health treatment, benefit class and policy terms should be compared for the applicant. No universal lowest-price claim is made here.