Compare Mutual of Omaha and American Amicable using the policy offered for your age, state, and health history. Check premiums, initial benefit limitations, and application requirements before choosing coverage. Neither carrier is the automatic winner for everyone with diabetes.
Start by identifying the exact product and issuing insurer. A brand name alone does not identify the policy you will receive. Compare offers for the same benefit amount, payment schedule, state, and applicant rather than relying on a company-wide ranking.
Correction: 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.
American Amicable should also be evaluated using the current application and an individual underwriting decision. This page does not establish that every applicant with diabetes qualifies for immediate full benefits or the same premium as someone without diabetes.
Use documented offers: The earlier $372 annual savings example was not backed by a dated quote for a defined applicant and policy. Compare written premiums and benefit terms before treating any claimed savings as applicable to you.
Bring your current policy or quote so we can discuss the actual premium, coverage amount, and initial benefit limitations. Ask which products I can offer for your state and circumstances. Contact me at 754-246-3047.
The earlier figures in this table were not supported by dated, state-specific quotes. For each example below, request both the premium and the benefit tier; an age and diagnosis alone do not establish a price.
| Applicant profile | Mutual of Omaha | American Amicable |
|---|---|---|
| Female, 60, non-smoker, healthy | Request an individual quote | Request an individual quote |
| Female, 65, non-smoker, healthy | Request an individual quote | Request an individual quote |
| Female, 70, non-smoker, healthy | Request an individual quote | Request an individual quote |
| Male, 65, non-smoker, healthy | Request an individual quote | Request an individual quote |
| Male, 70, non-smoker, healthy | Request an individual quote | Request an individual quote |
| Female, 70, diabetic (pills) | Request an individual quote | Request an individual quote |
| Female, 70, diabetic (insulin) | Request an individual quote | Request an individual quote |
| Male, 70, diabetic (any) | Request an individual quote | Request an individual quote |
| Female, 65, smoker | Request an individual quote | Request an individual quote |
Compare like for like: Record the quote date, issuing insurer, product, benefit amount, premium schedule, and initial death benefit. A lower monthly price does not establish better value if the policy terms differ.
Living Promise and other products sold under the Mutual of Omaha brand should not be treated as interchangeable. Ask for the current application and policy form for your state.
Identify the product. Record the issuing company and product name from the quote. A statement about one policy cannot safely be extended to every product in the group.
Answer the questions as written. Review any requested diagnosis dates, treatment history, medications, and complications with the agent. Do not omit information because a general article suggests it will not matter.
Check the initial death benefit. If the offered policy has graded or modified benefits, read the amount payable during each initial policy year and any distinctions between causes of death.
Confirm the actual decision. A preliminary discussion is not an issued policy. Ask the insurer or agent to explain the benefit tier and any changes from the original quote.
Find the relevant documents: Mutual of Omaha provides a forms resource organized by policy type and state. Request the application and policy documents relevant to your proposed coverage.
American Amicable Group lists several issuing companies on its official website. Ask which company and product appear on your quote before comparing eligibility or policy terms.
Oral medication: Provide the medication and diagnosis information requested on the application. This article cannot establish a standard-rate approval from a medication name alone.
Insulin treatment: Request a review of the current product’s health questions. Neither insulin use nor the absence of a particular complication is a promise of immediate full benefits.
Type 1 or Type 2 diabetes: Use the actual application and underwriting decision to determine eligibility. Avoid treating broad descriptions of other applicants as predictions of your outcome.
Ask the agent to identify any unanswered questions before submitting an application. If an offer differs from your expectations, request an explanation of its premium and initial benefit terms.
Discuss your health history, existing coverage, and questions about the application. Final eligibility and policy terms come from the insurer.
Get My Free Comparison →The earlier claim that American Amicable consistently saves tobacco users $8–$15 per month was not supported by a dated set of comparable quotes. Obtain current offers for your age, state, coverage amount, and tobacco-use history.
Check each application’s definition of tobacco and nicotine use, and answer accurately. Compare the offered premium alongside the initial benefit terms; this page does not establish an automatic price winner.
Verify the current financial strength rating and its date for the actual issuing insurer. Our earlier fixed A+ versus A- comparison did not document those details, and the claim that A+ is the highest rating was incorrect.
AM Best’s scale places A++ and A+ in its Superior category and A and A- in its Excellent category. Its ratings are opinions about financial strength, not guarantees that a particular policy is suitable or that any claim will be paid.
Use financial strength as one part of the comparison alongside price, benefits, and exclusions. See AM Best’s guide to financial strength ratings for the definitions and limitations.
For Mutual of Omaha: Request the precise product, issuing insurer, application, and quoted benefit tier. Do not rule the carrier in or out solely because of a diabetes diagnosis.
For American Amicable: Request the same information and compare the offer using the same applicant details. Do not assume a diagnosis guarantees a particular premium or benefit tier.
For both: Compare the approved premium, initial and later death benefits, payment schedule, riders, and exclusions. Keep copies of the documents used for the decision.
Ask which insurers the broker represents and how compensation or fees work. An independent broker’s available products do not necessarily include every insurer or policy in the market.
Discuss premiums, benefit limitations, and application questions before deciding. The insurer determines the final offer.