If you've started researching final expense insurance, you've probably noticed there are a lot of options out there. Dozens of carriers, different plan types, and pricing that varies wildly from one company to the next.
So how do you actually choose?
I've been a licensed insurance agent since 2012, and I'm independent — which means I don't work for any insurance company. I work for my clients. I've placed final expense policies with many different carriers over the years, and I can tell you which ones consistently deliver the best value.
Here are my top three picks for final expense insurance right now.
🥇 #1 — Mutual of Omaha (Living Promise)
Best overall value for most people.
| Level Plan Ages | 45 – 85 |
| Coverage | $2,000 – $40,000 |
| Waiting Period | None (Level plan) |
| Pricing | Among the lowest in the industry |
| AM Best Rating | A+ |
| Standout Feature | Free Nursing Home + Terminal Illness riders |
Mutual of Omaha's Living Promise is my #1 recommendation for a reason: best-in-class pricing, generous underwriting, and a free Accelerated Death Benefit rider that includes nursing home confinement coverage. For most ages and health profiles, they offer the lowest premiums in the market — and they've been in business since 1909.
👉 Read my full Mutual of Omaha review
🥈 #2 — Transamerica (Final Expense Solutions)
Best for speed and flexibility.
| Level Plan Ages | 0 – 85 |
| Coverage | $1,000 – $50,000 |
| Waiting Period | None (Immediate & Express) |
| Pricing | Competitive (slightly higher than MoO) |
| AM Best Rating | A |
| Standout Feature | 10-minute digital approval + 10-Pay option |
Transamerica's FE Express Solution delivers a policy in as fast as 10 minutes — fully digital, instant decisions. They also offer a 10-Pay option (pay premiums for 10 years, covered for life) and a Children's/Grandchildren's Rider that lets you add up to 9 kids on the same policy. Their pricing runs slightly above Mutual of Omaha but the additional features and faster process make them a strong #2.
👉 Read my full Transamerica review
🥉 #3 — Aflac (Final Expense Whole Life)
Best brand recognition.
| Level Plan Ages | 45 – 80 |
| Coverage | $5,000 – $50,000 |
| Waiting Period | None (Level plan) |
| Pricing | Higher than competitors (~$74/mo for $10K at 60+) |
| AM Best Rating | A+ |
| Standout Feature | Children's Term Rider up to $10K per child |
Everyone knows Aflac, and their final expense policy is solid — but it comes at a premium. Their rates tend to run 40–50% higher than Mutual of Omaha for comparable coverage. They do offer a strong Children's Term Rider with higher limits than competitors. Aflac is a good option if brand familiarity is important to you, but for pure value, the other two offer more bang for your buck.
👉 Read my full Aflac review
How Do They Compare on Price?
| $10,000 Coverage | Mutual of Omaha | Transamerica | Aflac |
|---|
| Age 55 | ~$28/mo | ~$32/mo | ~$55/mo |
| Age 60 | ~$33/mo | ~$38/mo | ~$74/mo |
| Age 65 | ~$39/mo | ~$45/mo | ~$80+/mo |
| Age 70 | ~$49/mo | ~$55/mo | ~$95+/mo |
*Sample estimates for non-tobacco applicants. Your rate depends on state, health, and coverage amount. Get your personalized comparison here.
Which One Should You Choose?
Here's my quick guide:
- 🏆 Best price + best overall value: Mutual of Omaha
- ⚡ Fastest approval + most features: Transamerica
- 🦆 Biggest brand name: Aflac
- 📅 Want to pay it off in 10 years: Transamerica (10-Pay)
- 👶 Need to cover grandkids: Transamerica or Aflac
- 🏥 Want nursing home protection included: Mutual of Omaha or Transamerica
Why Work With an Independent Agent?
Here's the thing — a Mutual of Omaha agent can only sell you Mutual of Omaha. An Aflac agent can only sell you Aflac. But as an independent agent, I work with all three carriers (and more). That means I can compare them side-by-side for your specific age, health, and budget — and find you the absolute best deal.
There's no cost or obligation to get a quote. I've been doing this since 2012, I'm licensed in 13 states, and I'm here to make sure you and your family are protected.
👉 Get Your Free Multi-Carrier Quote or call (919) 944-8443.
Michael Cubell : Jun 20, 2026 10:19:27 AM
