Best Rated Life Insurance Providers for the Year
Life insurance is an inseparable part of any financial plan. The best life insurance providers are the ones that will help you sort through all the overly-complicated product details, like coverage levels and rate tables. They will also help you make sense of your options based on factors like your age, lifestyle, and health. Here’s a handy list of providers you can trust.
Over time, Prudential has established itself as one of the best life insurance companies, with a long history dating back to 1873. It’s also got a wide selection of policies to choose from and superior ratings in financial strength. Go online to get a quick quote for term life insurance, and you can choose from several riders to build a customized policy.
State Farm is a good choice for those who want instant issue coverage because you can apply online and get term life coverage without having to go through a medical exam or any extra paperwork. The insurance provider’s excellent ratings and long history also helps it stand out from its competitors.
Transamerica’s term life insurance is affordable and comes with a history of financial stability. If you want a quote for a life insurance plan from Transamerica, you’re going to have to speak to an agent. However, if you just want term coverage, it’s much easier to get an instant quote from the company through its website.
Northwestern Mutual has a well-deserved reputation as a good whole life insurance provider. Its dividends are higher than those received from other types of policies. However, you must go through a full financial review to get an accurate quote, which means working with one of Northwestern Mutual’s financial advisors. You also need to provide some details about your finances and your life. This can be a benefit if you’re seeking comprehensive financial planning and want to include life insurance in your overall financial plan.
New York Life
New York Life is well known for providing financial security in many forms, including flexible term plans that can be changed to permanent insurance plans. Additionally, the company offers add-ons for disability or terminal illness that can be customized to fit your needs. However, they do not provide free quotes online. Instead, they require you to fill out an application, and a financial professional will speak with you over the phone.