Shopping for life insurance is something that no one likes to do, but is not that hard if you know where to look. But it is really necessary to do a little research before making a life time decision to choose a company for your life insurance.
You can get the best quotes online and save a lot of money and your time by comparing different companies on the platforms available online.
A life insurance company should have the following characteristics:
- Great customer service
- Financially strong companies
- Offering multiple features
- Easy application process
So let’s go ahead and look at some of the best insurance companies that can give you the best quotes.
Nationwide
Nationwide is one of the best life insurance companies. For its customer satisfaction data, it is ranked 2nd in the J.D. Power’s satisfaction study done in 2021. They have a lot of benefits included in their coverage. Nationwide also allows you to make payments through credit cards. Some of the insurance offered are listed below:
- Term
- Whole life
- Universal life (UL)
- Variable UL (VUL) policies
They could improve their website to provide more detailed information.
Protective
Protective is probably the only company that offers 40-year term policies. Their term policy is the best in the market and the most reliable one. You can also find the cheapest quotes from protective when it comes to life insurance.
Some of the policies offered by protective are listed below:
- Term
- Universal life (UL)
- Variable UL
- Indexed UL
- Whole life
MassMutual
MassMutual has gotten an A++ because of its financial stability. This company has the lowest complaints in the market. MassMutual has been paying dividends to their whole life insurance buyer since 1869. The only problem is that they don’t accept credit card payments. You can see the policies they are offering below:
- Term
- Whole
- Universal
- Variable universal
Guardian
This company has been receiving a below-average number of complaints for 3 years. Just like the MassMutual this company also pays dividends to whole-life policyholders and has a financial stability rating of A++.
Guardian also offers some policies without an exam first. The problem with guardians is that their online platform falls short and you cannot pay with credit cards. There is no process for online application and you have to apply through one of their agents.
Take a look at their life insurance policies below:
- Whole life
- term life
- universal life
- variable life
USAA
USAA has been serving the people looking for life insurance for over 100 years now. They are a very reliable and affordable insurance company and you can get really economical life insurance quotes from them.
For its financial stability and customer experience, it has a rating of A++. It is one of the best companies for military people cause they have some military-specific riders available.
The downside is that the company does not accept credit card payments and no medical exam options are very limited.
The coverages offered by USAA are listed below:
- Whole life
- term life
- universal life
So before you make a decision about which company to go with for life insurance. Take a look at these companies and figure out which one serves you the best and provide the mist things you need in a life insurance.