Sunday, October 31, 2010

Top Information On Who Is United Of Omaha

By Sara Freeman

Many people are looking for life insurance these days and may stumble across a company and wonder who they are. They may wonder who is United of Omaha when they see that company name. It is a main subsidiary of Mutual of Omaha so it is backed by many years of strong service.

United of Omaha Life Insurance Company is a company that was created in 1926. That is a long time in the business but their parent company is Mutual of Omaha and they were created in 1909. With them being around for such a long period of time both companies are always looked at by various groups as being strong.

The company offers either groups or individuals different pension, annuities, and life insurance services. All states are covered by the company except for New York. Since Companion Life Insurance Company of New York is operating there New York is left out of United's coverage area, Companion Life is related to United of Omaha through Mutual of Omaha. Because of that relationship only Companion Life is available there.

The services are offered for sale by Mutual of Omaha's agency sales force, group sales, or independent distributors. There are 4,200 employees at the parent company and 450 of them work for United. The Mutual of Omaha Plaza in Omaha, Nebraska is the headquarters for this company.

These companies score very good ratings from the different companies that offer corporate ratings for consumers. Moody's Investor Services rank them fourth of its twenty one ranks which is Aa3 Excellent. Standard and Poor's rank them fourth of its twenty one ranks which is AA- Very Strong. A. M. Best Company rank them second of its sixteen ranks which is A+ Superior. These ratings show a great confidence in the company overall.

When someone is looking to purchase any products or services they should also call the Better Business Bureau to find out how long a company has been in business and for any complaints that are filed against the company. It is best to go this route rather than looking at internet ratings from customers because it is tough to find valid information. The Better Business Bureau gives the company an A+ rating and has them listed since 1940.

Anyone shopping around for pension, annuity, or life insurance services should know who is United of Omaha. As a Mutual of Omaha subsidiary it has done business for over eighty years. Both companies score highly by both ranking companies and the Better Business Bureau.

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