Every Year the rank of life insurance companies are changing
How cloud you are sure that you are going to choose the best life insurance carrier for you and your family members
I am going to attempt to guide you to make the decision and select the best life insurance provides available in the United States of America.
Top 5 Best Life Insurance Companies For 2018
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Hands down, the best “new” life insurance company on the market today is Haven Life.
How do you take an entire industry by storm? Only by creating the best product on the market, that’s how!
Haven Life insurance is the only life insurance you can buy 100% online without any agent interaction. This is a huge step forward in convenience and efficiency, both for you and them.
It also helps they are backed by MassMutual (ranked 2nd on our list), who is just one of a few life insurance companies who have a nearly perfect score of final strength ratings, by all rating agencies, and over 165 years of history doing business to back it up.
After having been ranked 3rd on our list for two years consecutively, they’re pushing closer to the top!
For more than 160 years, MassMutual has been offering life insurance products which are competitive and diverse.With the addition of backing Haven Life, and having a full suite of financial planning products, it’s no wonder they are leading the best of the marketplace.
You have the ability to, quite literally, get your entire financial portfolio in order, all under one roof. While this may not be necessary, it is possible. The financial strength of MassMutual is virtually unparalleled, so you can feel safe with your decision either way.
If you simply want the best bang-for-your buck in term life insurance, Banner Life is your company.
Where they lack in speed, when compared to some of the instant issue products on the market, they more than make up for customized, cheap term life insurance coverage. Some of the cheapest on the market!
Banner’s products also come with a great range of riders, convertibility options, and a second-to-none sub-standard underwriting style. If you are part of the 95% of the world who isn’t in perfect, Olympic athlete health, you probably won’t find a more affordable term policy than you will with Banner.
4:PROTECTIVE LIFE INSURANCE COMPANY
Making a big jump our list of best life insurance companies at number four is Protective, another company many haven’t heard of just yet. Despite this, they have a dominant foothold within more than one sector of the life insurance industry.
For more than a century now, Protective Life has lived up to its name in protecting households and businesses all across the United States. With more than 5 subsidiaries, an international presence, four separate “A” ratings, and a huge number of policyholders, Protective is getting noticed for the first time in a major way.
You will have your pick of term life insurance, universal, or variable universal, where Protective is extremely price competitive. Especially with its universal products, Protective is one of the few companies who offers permanent insurance for all tiers of fully underwritten life insurance.
If you are considering permanent coverage, like for estate planning, Protective should be among your top considerations.
Prudential is a household name, and their industry dominance and niche underwriting has bumped them up even higher into our top 10 best life insurance companies list this year.
Extremely successful in several smaller areas of life insurance, Prudential also has leveraged its brand to become a leader in the life insurance industry, as a whole.
This 140 year old financial institution is a premiere insurer, with ratings of “A” or better from all of the rating agencies. In competition with MetLife for most life insurance sold, Prudential did take home the highest in net premiums, topping $13 billion.
Although there is no whole life availability, Pru does have term, universal and indexed universal to fill their portfolio of products. Non-life insurance options include accident, critical illness, disability, and more.
To top it all off, Prudential has exceptional underwriting for smokers.
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