Life Insurance Providers

Getting life insurance is one of the most magnificent ideas that you have thought of. But what are the top life insurance providers? Find out now!

There are lots of top life insurance providers out there, but it can be challenging to understand their policies at first glance. You could be lost at first, and don’t know exactly where to start.

But don’t worry. We have created a list of comparison chart for you to understand the great deals these life insurance providers offer.

Why Do I Need Life Insurance?

The need for life insurance can depend on your personal situation and how many dependents you have. If you have zero dependents, then you probably do not need to get life insurance.

But suppose you have a family, and your salary plays a vital role in supporting them, paying the house mortgage, sending your children to universities, or even just recurring bills. In that case, you should consider life insurance as a great way to ensure these financial obligations are covered in the event of your death.

How Much Coverage Do I Need?

There is no rule of thumb in how much coverage one should get because the amount of life insurance you need will depend on different factors like the number of dependents that you have, your current debts, your lifestyle and your other sources of income. However, we can provide you a guideline. You may want to get a policy that would be worth between five to ten times your annual salary in the event of your death. But we still recommend you consulting a financial advisor to determine how much coverage you should obtain.

Types of Life Insurance

There are several different types of life insurance policies out there like whole life, term life, universal life, and variable life.

Whole life policies offer both death benefit and cash value, but it is a lot more expensive than other types of life insurance. This policy is in effect until your death, even after you have paid all your premiums.

If you want permanent life insurance, then get variable life policies. It will build up a cash reserve that you can use to invest in any of the choices offered by the top life insurance company of your choice.

Universal life insurance is another type of permanent life insurance. You can use part of your accumulated earnings to pay for part of the cost of the policy.

How Much Will It Cost?

The cost of life insurance varies. It depends on how much you want to buy, the type of policy you want, and how much commission the company pays your life insurance agent.

Life insurance policies often have hidden costs like fees and massive commissions that you may not notice until you have purchased the policy.

A healthy 30=year old could expect to pay at least $300 per year for $300,000 of term insurance. But if you want the same amount of coverage under a cash value policy, it would cost over $3,000 per year.

Top 10 Life insurance and Life insurance websites

We ranked the best Life insurance websites so that you can find what you need.

Last updated: 2022-11-28

Rank

Provider

Description & Features

Site

1

★★★★★

713 Data points

Life Insurance - Get An Affordable Quote Online | GEICO
Life Insurance - Get An Affordable Quote Online | GEICO
Life insurance policies provide beneficiaries with lump-sum payments when the insured party passes away or after a specific period of time has passed. Life insurance provides financial security by replacing lost income and covering expenses. If you're looking for a life insurance policy, we've got you covered.

2

★★★★★

660 Data points

Life Insurance | Liberty Mutual
Life Insurance | Liberty Mutual
At Liberty Mutual, we offer a number of life insurance options to fit your needs and circumstance. Browse our life insurance options below to understand which is right for you and your family. Term Life Insurance Term life insurance provides affordable coverage to meet your temporary needs. You'll receive a guaranteed death benefit for the term ...

3

★★★★★

611 Data points

Compare Life Insurance Coverages and Rates | Progressive
Compare Life Insurance Coverages and Rates | Progressive
Life insurance can help your family maintain the lifestyle they've grown to love and provide longer-lasting financial security. Your family can use it for funeral expenses, housing costs, medical bills not covered by health insurance, retirement income, estate considerations, children's college, debts, charitable donations and just about anything else they may need.

4

★★★★

566 Data points

Colonial Penn
Colonial Penn
Guaranteed Acceptance Life Insurance (Ages 50-85 in most states) With Guaranteed Acceptance, you don’t need to be in perfect health to get coverage. This is permanent, whole life insurance with no health questions asked and no physicals required.

5

★★★★

524 Data points

Whole & Term Life Insurance Policies for Individuals ...
Whole & Term Life Insurance Policies for Individuals ...
3 The above example is based on a scenario for 20‐year term life insurance (domicile state) that includes the following benefit conditions: $50,000 death benefit, $50,000 accidental death benefit, and $12,500 seatbelt benefit. Benefits may vary by state, benefit option, and level of coverage selected. ...

6

★★★★

485 Data points

Life Insurance Quotes - Policygenius
Life Insurance Quotes - Policygenius
In Our Learn Center: Term life insurance vs whole life insurance Whole life insurance can be good for people with complex financial situations or estate planning needs, but term life is the right choice for most shoppers because it’s the cheaper and more straightforward option.

7

★★★★

449 Data points

Life Insurance at Work | MetLife
Life Insurance at Work | MetLife
Life insurance comes in two main types – term and permanent – which may both be available through your workplace. Term life insurance pays a specific lump sum to your loved ones for a specified period of time – usually from one to 20 years. If you stop paying premiums, the insurance stops.

8

★★★

416 Data points

Life Insurance - opm.gov
Life Insurance - opm.gov
The Federal Government established the Federal Employees' Group Life Insurance (FEGLI) Program on August 29, 1954. It is the largest group life insurance program in the world, covering over 4 million Federal employees and retirees, as well as many of their family members.

9

★★★

385 Data points

Life insurance - Wikipedia
Life insurance - Wikipedia
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder).

10

★★★

357 Data points

VA Life Insurance | Veterans Affairs
VA Life Insurance | Veterans Affairs
VA life insurance can offer financial security and support for Veterans and service members as well as their spouses and dependent children. Explore your options, manage your policy, and file claims to get the insurance benefits you've earned ...

Life insurance videos considered

We analyzed 6,878 hours of the most informative Life insurance videos. These videos stood out the most:

Local Life insurance near you

Plan with Phil - Life & Disability Insurance

349 5th Ave, New York, NY 10016

Allstate Insurance: Kelly Qu Agency

50 E 42nd St, Ste 513

Aldo Rabih, CPA

2610 E 18th St, Ste 3

Life143 Small Business Health Insurance Brokerage

61 Broadway, Ste 2770

Prana Risk Insurance Services

75 Wall St, New York, NY 10005

New York Life Insurance Company

51 Madison Ave, New York, NY 10010

First Manhattan Financial

2747 Coney Island Ave, Fl 1

Meilee Fu - State Farm Insurance Agent

139 Centre St, Ste 813

Best Coverage Insurance Brokerage

250 Grand St, Ste 3

Useful Life insurance Resources

Sign up for updates

Would you like to stay updated when new and important Life insurance related information comes out, or when our ranking changes? sign up today and stay in the loop!

Related pages to life insurance:

As Seen on the Web - A.I powered insights

This comparison site is made up of our own opinions and views. The ranking is determined at our discretion and is not to be used for accuracy purposes. We can provide this service at no charges thanks to a combination of referral fees and advertising income we receive from various publishers and service providers. These payments may affect our rankings and the score we assign to websites, products, and vendors. Our ratings do not imply endorsement of any kind. This website's information, rankings, and vendor list is subject to change without notice at any time.