How to name beneficiaries and fund a trust at United of Omaha
Covers 16 insurance accounts — beneficiaries can be managed online
Customer Service
Mutual of Omaha Insurance Company, 3300 Mutual of Omaha Plaza, Omaha, NE 68175
Customer Service
Mutual of Omaha Insurance Company, 3300 Mutual of Omaha Plaza, Omaha, NE 68175
Individual Life Insurance Claims
Mutual of Omaha Insurance Company, 3300 Mutual of Omaha Plaza, Omaha, NE 68175
For United of Omaha policyholders, estate planning comes down to one critical step: making sure the right beneficiaries are named on every policy. Insurance proceeds bypass probate entirely and go directly to whoever is listed—regardless of what a will says. When estate tax planning or controlled distributions are a factor, a trust can be named as beneficiary instead.
With 16 product types, United of Omaha offers a range of transfer options. Some policies support beneficiary designations, others can be retitled into a trust, and some require probate if no beneficiary is designated. The sections below break down each step.
- Visit https://www.mutualofomaha.com and log in to your policyholder account
- Navigate to your life insurance policy details
- Select the option to update or change beneficiary designations
- Enter primary beneficiary information: full legal name, date of birth, relationship, Social Security Number, and percentage allocation
- Enter contingent beneficiary information if desired
- For trusts: enter the full legal trust name, date the trust was established, and trustee name
- Ensure percentage allocations total 100% for both primary and contingent categories
- Review and submit the beneficiary change electronically
Required Documents
- Trust name, date established, and tax ID (EIN or SSN)
Special Requirements
- Trusts can be named as beneficiaries on individual and group life insurance policies
- Percentage allocations for primary beneficiaries must total 100% (do not use dollar amounts)
- Percentage allocations for contingent beneficiaries must total 100%
- Beneficiary designations override instructions in a will
- For group policies, beneficiary changes may be coordinated through the employer
- Community property states may require spousal consent for beneficiary changes
- Massachusetts residents require a disinterested adult witness for beneficiary changes
- Changes are not binding until received and recorded by the company at its home office
Sources
Data sourced from United of Omaha primary sources (17 pages reviewed). How we research.
Download these United of Omaha instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against United of Omaha primary sources. Bring it to the branch or keep it beside the phone.
Customer Service
Mutual of Omaha Insurance Company, 3300 Mutual of Omaha Plaza, Omaha, NE 68175
Customer Service
Mutual of Omaha Insurance Company, 3300 Mutual of Omaha Plaza, Omaha, NE 68175
Individual Life Insurance Claims
Mutual of Omaha Insurance Company, 3300 Mutual of Omaha Plaza, Omaha, NE 68175
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