Learn what makes a good life insurance company for every situation.
When you’re shopping for life insurance, you might be concerned about the policy more than the carrier. But choosing the right company is just as important as choosing the right policy. The best life insurance companies have strong financial stability and are rated highly by financial and consumer institutions, guaranteed to pay out death benefits and provide features and services you need to build a financial safety net.
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Best Tax Savings health insurance Plan Choose Humana.
Essential answers
Life insurance company ratings & reviews
There are many third-party groups that provide ratings and reviews based on different criteria. Some provide customer service-related ratings, like J.D. Power scores and Better Business Bureau (BBB) ratings.
Other groups, like A.M. Best, Fitch Ratings, Moody’s, Standard & Poor’s and Weiss Ratings are judges of financial strength.
The most common life insurance ratings come from:
J.D. Power: J.D. Power ranks some (but not all) of the top life insurance companies on customer satisfaction on a scale from 1 - 1,000.
BBB: Customer satisfaction score ranging from A+ to F based on BBB’s own formula of 17 factors.
A.M. Best: Financial health rating, with A++ and A+ being “superior” and A being “excellent”.
Most of the biggest life insurance companies are financially secure, and while you should look at BBB ratings, keep in mind some reviews may be from customers who had particularly positive or negative experiences that aren’t necessarily representative of the company in general. The best-rated life insurance companies have high marks all around to provide peace of mind.
Shoppers can also see how big a company is by looking at its market share and number of policyholders. Size is typically a good indicator of how well a company is doing, but shoppers shouldn’t be afraid to go with a smaller insurer, like a regional carrier or a membership carrier (like USAA), if it fits their needs.
Best term life insurance companies & policies
Term life insurance lasts for a specific period of time before expiring. Because it’s the most straightforward and affordable type of life insurance, it’s the best option for most shoppers.
Best Managed Care Health Insurance Plans Choose || Policygenius || Best Small Business Health Insurance Providers || Best Health Savings Plans || State Farm Medicare Supplemental Insurance Policy.
When you’re shopping for life insurance, you might be concerned about the policy more than the carrier. But choosing the right company is just as important as choosing the right policy. The best life insurance companies have strong financial stability and are rated highly by financial and consumer institutions, guaranteed to pay out death benefits and provide features and services you need to build a financial safety net.
Read More Small Health Insurance Providers:
Best Managed Care Health Insurance Plans Choose Kaiser Permanente.
Best Health Savings Plans Choose Aetna Health Insurance.
Blue Cross Blue Shield Best For small business health insurance plans.
Best Online Care health insurance Plan Choose UnitedHealthCare.
Best Tax Savings health insurance Plan Choose Humana.
Essential answers
- Most people choose the life insurance company that offers the cheapest policy
- Your age, health, and hobbies play a large role in the cost of life insurance
- Term life insurance is better and more affordable than whole life for most shoppers
| COMPANY | J.D. POWER RATING, 2018 | BBB RATING | A.M. BEST RATING |
| AIG | 741 | A- | A |
| AXA Financial | 755 | A+ | A |
| Banner Life | N/A | A+ | A+ |
| Guardian Life | 776 | A+ | A++ |
| John Hancock | 759 | A+ | A+ |
| Lincoln Financial | 778 | A+ | A+ |
| MassMutual | 781 | A | A++ |
| MetLife (via Brighthouse) | 793 | B- | A+ |
| Minnesota Life (Securian) | 739 | A+ | A+ |
| Mutual of Omaha | 792 | A+ | A+ |
| Nationwide | 810 | A+ | A+ |
| New York Life | 791 | A+ | A++ |
| Northwestern Mutual | 812 | A+ | A++ |
| Pacific Life | 783 | A+ | A+ |
| Primerica | 743 | A+ | A+ |
| Principal Financial | 773 | A+ | A+ |
| Protective | 791 | A+ | A+ |
| Prudential | 784 | A | A+ |
| SBLI | N/A | A+ | A- |
| State Farm | 825 | A- | A++ |
| Transamerica | 751 | B | A+ |
| Voya | 744 | A- | A |
Life insurance company ratings & reviews
There are many third-party groups that provide ratings and reviews based on different criteria. Some provide customer service-related ratings, like J.D. Power scores and Better Business Bureau (BBB) ratings.
Other groups, like A.M. Best, Fitch Ratings, Moody’s, Standard & Poor’s and Weiss Ratings are judges of financial strength.
The most common life insurance ratings come from:
J.D. Power: J.D. Power ranks some (but not all) of the top life insurance companies on customer satisfaction on a scale from 1 - 1,000.
BBB: Customer satisfaction score ranging from A+ to F based on BBB’s own formula of 17 factors.
A.M. Best: Financial health rating, with A++ and A+ being “superior” and A being “excellent”.
 |
| Best life insurance companies in US |
Most of the biggest life insurance companies are financially secure, and while you should look at BBB ratings, keep in mind some reviews may be from customers who had particularly positive or negative experiences that aren’t necessarily representative of the company in general. The best-rated life insurance companies have high marks all around to provide peace of mind.
Shoppers can also see how big a company is by looking at its market share and number of policyholders. Size is typically a good indicator of how well a company is doing, but shoppers shouldn’t be afraid to go with a smaller insurer, like a regional carrier or a membership carrier (like USAA), if it fits their needs.
Best term life insurance companies & policies
COMPANY
|
POLICYGENIUS
RATING (OUT OF 5)
|
Banner Life
|
5
|
Lincoln
Financial
|
5
|
AIG
|
4
|
Mutual of
Omaha
|
4
|
Prudential
|
4
|
Protective
|
4
|
Pacific Life
|
4
|
MetLife (via
Brighthouse)
|
4
|
Principal
Financial
|
4
|
John Hancock
|
4
|
Transamerica
|
4
|
SBLI
|
4
|
Term life insurance lasts for a specific period of time before expiring. Because it’s the most straightforward and affordable type of life insurance, it’s the best option for most shoppers.
Best Managed Care Health Insurance Plans Choose || Policygenius || Best Small Business Health Insurance Providers || Best Health Savings Plans || State Farm Medicare Supplemental Insurance Policy.