Top 10 Life Insurance Companies

Oh, life insurance. Everyone needs it, but not everyone has it. Most people are utterly clueless and have no idea where to start when picking out policies, and a lot of people struggle to pay their premiums every month. You never want to get stuck with less coverage if something comes up, but you always want to make sure you aren’t paying for more coverage than you need. Take a good look at the following list of the Top 10 Life Insurance Companies to make an informed, educated decision about what coverage you need and don’t need for your specific situation.

State Farm1397079427

Online Quote: Available for all policies
Term Life Insurance: Available
Whole Life Insurance: Available
Universal Life Insurance: Available
Additional Benefits: Mortgage Term Life Insurance, Limited Pay Life Insurance, Single Premium Life Insurance and more
Other Insurance Offered: Auto, Motorcycle, Recreational and Sport Vehicle, Home, Health, Disability, Liability

One of the largest insurance companies in the country, State Farm offers a variety of insurance policies to fit your needs. If you are looking for a one-stop shop for insurance, State Farm is your best bet. Bundling policies together not only saves you money, but having everything done in one place gives you peace of mind so you aren’t scrambling to keep track of different policies from different companies.

MetLifemetlife-insurance

Online Quote: Available for Term Life Insurance policies and Guaranteed Acceptance Whole Life policy, not general Whole Life Insurance policy or Universal Insurance policy
Term Life Insurance: Available
Whole Life Insurance: Available
Universal Life Insurance: Available
Additional Benefits: Different tiers of Term Life Insurance and a Guaranteed Acceptance Whole Life policy
Other Insurance Offered: Disability, Auto, and Home

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MetLife offers some of the most flexible insurance plans out there. Term Life insurance is generally the easiest and most straightforward plan available, making it a very popular option. MetLife offers a Simplified Issue Term Life Insurance and also a Level Term Life Insurance policy, making it even more uncomplicated for their customers.

American General1365607693_american-general-life-accident-ins-site-logo

Online Quote: Available
Term Life Insurance: Available
Whole Life Insurance: Available
Universal Life Insurance: Available
Additional Benefits: Lower rates than other insurance companies
Other Insurance Offered: Business Insurance

American General Insurance boasts having lower rates than their competitors. They make it easy to see how much coverage you actually need by offering a calculator on their website. If you put your information into the online quote generator, you will receive a call from a live representative to give you your free quote. Their website is not the easiest to navigate, but if you are looking for competitive pricing, American General is the way to go.

AflacAflac_Life_Insurance_Provider__83827

Online Quote: Available
Term Life Insurance: Available
Whole Life Insurance: Available
Universal Life Insurance: Available
Additional Benefits: One Day Pay
Other Insurance Offered: Business Insurance

A well-known insurance company due to their talking duck commercials, Aflac has a Real Cost Calculator on their website to help individuals figure out the cost if any incidents or “what-if” situations occur. Filling out the quote form is simple, and a representative will contact you soon after with a customized quote. Aflac also offers One Day Pay, which helps you get paid quicker if you file a claim through them.

Transamerica Life Insurance Companytransamerica-life-canada-logo

Online Quote: Available
Term Life Insurance: Available
Whole Life Insurance: Available
Universal Life Insurance: Available
Additional Benefits: Accidental Death, Final Expense Life Insurance
Other Insurance Offered: Dental, Health

Opening its doors in 1906, Transamerica has become a leading company in the life insurance field. Their website is very easy to navigate and simple to use, making it easier for those who are not as tech-savvy. The Final Expense Life Insurance policy Transamerica offers makes losing a loved one less of a financial burden, so a family can focus on coping with emotions and spending time together during the difficult time.

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New York LifeNew_York_Life_Life_Insurance_Provider__83843

Online Quote: Available
Term Life Insurance: Available
Whole Life Insurance: Available
Universal Life Insurance: Available
Additional Benefits: Rewards Visa Card
Other Insurance Offered: Long Term Care

Another well-known insurance company, New York Life is geared towards informing and educating their customers about policies and when is the best time to get them. There is a “Learn and Plan” section on their website that is meant to provide information about their different options and what is best for you and your family.

Mass MutualMass_Mutual-logo

Online Quote: Not Available
Term Life Insurance: Available
Whole Life Insurance: Available
Universal Life Insurance: Available
Additional Benefits: Opportunities to earn dividends, cash benefits
Other Insurance Offered: Business

MassMutual provides their customers with a variety of resources for reaching their financial goals, such as saving for college or planning for retirement. In addition to regular insurance policies, they have added on benefits such as opportunities to earn dividends to make their insurance more appealing to customers.

John Hancockjohn-hancock

Online Quote: Not Available
Term Life Insurance: Available
Whole Life Insurance: Available
Universal Life Insurance: Available
Additional Benefits: 401(K), College Savings
Other Insurance Offered: Long Term Care

When you think of John Hancock, you think of our founding father who worked so hard to give us the independence we have today. Living up to that name is John Hancock Life Insurance, a company that provides solid coverage and reliability to the average Joe and his family. You can bundle your life insurance and long-term care insurance all in one place with them.

Prudentialprudential logo

Online Quote: Available
Term Life Insurance: Available
Whole Life Insurance: Available
Universal Life Insurance: Available
Additional Benefits: Policy customization, retirement funds
Other Insurance Offered: Business

For over 140 years Prudential has offered life insurance, investment management, and retirement planning to millions of customers. Their site offers various planning guides for both individuals and businesses, encouraging economic growth through their products. They are geared towards helping their customers build their wealth under Prudential’s guidance.

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Primerica Life Insurance Co.primerica-logo

Online Quote: Not Available
Term Life Insurance: Available
Whole Life Insurance: Not Available
Universal Life Insurance: Not Available
Additional Benefits: Investments, Financial Needs Analysis
Other Insurance Offered: Auto, Home, Long Term Care

Even though Primerica does not offer as many insurance options as other companies, they offer opportunities for their customers to become business partners with the corporation. Many of these entrepreneurs start out as customers and become business partners to promote the company. They often speak from experience and can offer the best advice to find a policy that fits your individual needs.

Picking out a life insurance policy can be tough. There are so many different options to choose from, and it all depends on what your family needs. Figure out what is more important to you- bundling your services all in one place, a lower monthly premium, or higher coverage. Whichever it is, all of the companies on this list make great options when it comes to life insurance. It is important to do your research so that you can choose wisely and go with the company you feel is best. Remember, life insurance is not one size fits all, so a policy that works for your friend might not work for you.