10 Best Life Insurance In America
When you think about the future, do you see it as an open road with endless possibilities?
Or a dark alley filled with scary unknowns?
Life insurance provides financial peace of mind when things go wrong.
It's a simple, affordable way to protect your family and their future if something tragic happens to you.
Within the U.S., the average life expectancy is now 78 years old, which means most of us will spend 25 years or more past retirement age.
Do you have a plan for how your family would cope financially without you?
If not, getting life insurance sooner rather than later is essential to protecting your loved ones from hefty funeral expenses and other costs they might otherwise struggle to cover on their own.
Whether you are single, married, with children,, or without, several different types of life insurance can help meet your needs.
To help you get started and find the best policy for your situation, whatever it may be, here are our top 10 best life insurance providers in America.
American Advisors Group (AAG)
This company was founded in 1993 and is based in Minneapolis, Minnesota.
They are a full service life insurance provider, offering fixed and variable rate term life insurance policies for individuals and groups.
American Advisors Group also offers term life insurance for business owners and coverage for executives and their families.
Many policies can be obtained online and paid with a single monthly payment to make things as simple and stress free as possible.
They are members of both the American Council of Life Insurance and the American Insurance Council.
Their A++ rating from AM Best assures you that they are financially sound and ready to meet your coverage needs.
Assurity Life
Assurity Life was formed in 2005 as a subsidiary of Prudential Financial.
They have an A+ rating from AM Best and provide life insurance policies to individuals and groups through independent agents.
Security is a national life insurance company that offers fixed and variable rate term policies and a savings account option to help you reach your goals while saving for the future.
They offer a variety of plans, including guaranteed issue policies and guaranteed renewability.
Their one time application process allows you to get a policy quickly and easily, and their online tools make it simple to manage your coverage and pay your premium.
Pacific Life
Pacific Life has been in business since 1906 and is based in California.
They provide a wide range of life insurance products, including fixed and variable rate term policies, whole life insurance, and policies with accelerated death benefits.
They offer their policies through independent agents, and their A+ rating from AM Best assures you of a financially stable company ready to meet your coverage needs.
New York Life
New York Life was formed in 1845 and is headquartered in New York City.
They offer various life insurance policies and services through independent agents, including fixed and variable-rate insurance policies.
They also provide whole life insurance policies and a helpful New York Life calculator that allows you to quickly and easily see how much coverage you need based on your age, mortgage amount, dependents, and other factors.
New York Life is a member of the Investment Company Institute, and their A+ rating from AM Best assures you of a financially stable company ready to serve your life insurance needs.
Ameriprise Financial
Ameriprise Financial was founded in 1894 and is based in Minneapolis, Minnesota.
They provide a wide range of financial products, including life insurance policies available through independent agents.
In addition, many of their policies feature accelerated death benefit riders and guaranteed issue rates for those who are medically underwritten.
Ameriprise Financial is a member of the Investment Company Institute.
Their A+ rating from AM Best assures you of a financially sound and ready company to help you find the right coverage.
USAA
USAA was founded in 1922 and is based in Texas.
They are a privately owned company that provides a wide range of financial services to veterans, their families, and select members of the general public.
USAA offers fixed and variable rate term life insurance policies to individuals and groups through independent agents.
Their life insurance policies also include optional death benefit riders that can help reduce the taxes your beneficiaries would otherwise owe.
USAA is a member of the American Council of Life Insurers, and their A+ rating from AM Best assures you of a trustworthy company ready to meet your needs.
Tanner Life
Tanner Life was formed in 1957 and had its headquarters in Los Angeles, California.
They provide a wide variety of life insurance policies through independent agents.
Many of their policies feature accelerated death benefit payout.
Tanner Life is also a part of the American Council of Life Insurers.
Their A+ rating from AM Best assures you of a financially sound and ready company , that is ready to provide the coverage you need.
Lincoln Financial
Lincoln Financial was formed in 1946 and is based in Philadelphia, Pennsylvania.
They provide a wide range of financial products, including life insurance policies available through independent agents.
Lincoln Financial has fixed, variable term life insurance policies, guaranteed issues, and accelerated death benefit rides that can help your beneficiaries pay fewer taxes than they would have otherwise.
The American Council of Life Insurance includes Lincoln Financial among its members.
Their A+ rating from AM Best assures you of a financially sound and ready company that will help you find the best coverage for your needs.
Mutual of America
Mutual of America was formed in 1882 and is based in New York City.
They provide a wide range of life insurance policies and services, including fixed and variable rate policies.
Mutual of America also offers a special death benefit rider that can help reduce the taxes your beneficiaries would otherwise owe on the death benefit payout.
Joint of America is a part of the American CounciL of Life Insurers.
Their A+rating from AM Best assures you of a financially stable company ready to serve your needs.
Conclusion
If you've reached this point in our article, you're likely researching life insurance policies as a priority.
It's a smart move. Life in unpredictable, and having coverage in place in a tragic event such as death makes much sense.
Getting quotes from various companies and comparing rates is essential to find the best policy that fits your budget.
It's also wise to consider other factors, like the company's financial stability and customer service reputation, when picking the best life insurance for your needs.
While no one can predict the future, it is possible to plan for the worst.
In addition, getting life insurance early on in your adult life can help provide your loved ones with financial security in the event of a tragedy.