State Farm offers the best life insurance in Alaska and nationwide, earning a MoneyGeek score of 99 out of 100 based on customer service, affordability, and coverage options. We also recommend GEICO, Haven, Nationwide and Mutual of Omaha as high-quality alternatives.
Best Life Insurance Companies in Alaska (2025)
Updated: October 7, 2025
Advertising & Editorial Disclosure
Key Takeaways
While life insurance rates remain consistent across states, top providers in Alaska include State Farm, GEICO, Haven, Nationwide, and Mutual of Omaha.
GEICO offers the most affordable life insurance in Alaska and nationwide, with rates starting at $4 per month.
We recommend determining your coverage needs, researching costs and companies, and comparing providers to find the best life insurance in Alaska.
Best Life Insurance Providers in Alaska
| State Farm | 99 | $7 |
| GEICO | 98 | $4 |
| Haven | 97 | $6 |
| Nationwide | 97 | $4 |
| Mutual of Omaha | 96 | $5 |
*Rates presented are for coverage levels between $250-$500K for a 20 year term life insurance plan for a 40-year-old man in good health who does not smoke.
Best Life Insurance in Alaska by Category
While the overall best life insurance provider is a great choice for many, your ideal option may differ based on your personal profile. Below, we break down the top providers for different profiles.
| Young Adults | Bestow | $2 |
| Seniors | Amica | $26 |
| Smokers | Farmers | $10 |
| High Coverage | Bestow | $18 |
Compare Personalized Best Alaska Life Insurance Picks
To help you find the best fit, we've added a filterable table below that tailors our life insurance recommendations to match your unique profile seamlessly.
Data filtered by:Results filtered by:
Select
Age:41-50
Select
Gender:M
Select
Coverage Level:250k-500k
Select
Term:10
Select
Health Level:Excellent
| State Farm | 99 | $11 |
| GEICO | 98 | $7 |
| Haven | 97 | $16 |
| Nationwide | 97 | $8 |
| Mutual of Omaha | 96 | $8 |
| Protective | 95 | $11 |
| Prudential | 94 | $9 |
| AAA | 92 | $9 |
| Allstate | 92 | $13 |
| Transamerica | 90 | $8 |
Rates in this table differ from the main comparison due to the broader age range (41 to 50 vs. 40) and flexible term selection rather than a fixed 20-year term.
How to Find the Best Life Insurance in Alaska
We provide tips to help you find the right life insurance plan for your needs.
- 1
Decide coverage beforehand
Finding out how much life insurance coverage you need is helpful before purchasing. This allows you to compare prices fairly and avoid being oversold by agents. Determining coverage needs ensures you're making a well-informed decision.
- 2
Research costs for your profile
Check average life insurance costs for your coverage level and personal profile to assess if you’re getting a good deal.
- 3
Compare company reputations
Rates stay the same across states, but company reputation in your area is helpful for finding the best fit.
- 4
Compare quotes through multiple avenues
Compare quotes from multiple companies to ensure you get the best value. Pricing varies based on the quote's source, such as an independent agent, an online source or a captive provider agent.
Best Life Insurance in Alaska: Bottom Line
State Farm, GEICO and Haven rank as the top life insurance companies in Alaska. Research your options, set your coverage level and compare quotes to find your best rate.
Alaska Life Insurance: FAQ
Below are our expert answers to frequently asked questions about life insurance in Alaska.
What is the best life insurance in Alaska?
In Alaska, State Farm earns the top spot for life insurance with nationwide praise for its service, reasonable pricing, and quality term policies.
How do you get the best life insurance in Alaska?
To secure the best life insurance in Alaska, first decide on your coverage needs, then look for insurers and plans, and finally, compare multiple quotes for a well-informed choice.
Do life insurance rates differ by state?
No, life insurance rates stay the same across states, though some coverage details and riders vary by location.
How We Decided the Best Life Insurance in Alaska
We designed this analysis to show you which insurers excel across the factors that matter most when protecting your family's financial future.
We scored life insurance companies using five weighted categories:
Affordability drives 60% of our scoring because premium costs directly determine whether you can maintain coverage for the full term. We collected quotes through online systems for various coverage amounts ($250,000 to $500,000+) and term lengths (10, 20, 30 years) to identify which companies offer competitive rates.
Customer satisfaction accounts for 20% using complaint data from the National Association of Insurance Commissioners (NAIC). We reviewed annual complaint indices from 2020 to 2022 (the most recent available) to identify companies with consistently satisfied policyholders nationwide.
Product diversity makes up 10% because your coverage needs may evolve over time. We evaluated which companies offer term life, whole life, universal life and specialized products like no-exam policies or accelerated underwriting. Companies with broader product portfolios score higher since they can serve Alaska residents across different life stages and coverage requirements.
Financial stability contributes 5% through AM Best ratings and years in business. Since you're committing to decades of premium payments, your insurer must remain financially strong throughout your term.
Buying process rounds out the final 5% by assessing online tools, application simplicity and payment flexibility. We tested quote systems, reviewed policy materials, and evaluated how easily Alaska residents can purchase and manage coverage despite geographic distance from most insurers' headquarters.
Our baseline customer profile included:
- 40-year-old nonsmoker
- Average height with a healthy weight
- Excellent health rating
- 20-year term with $250,000 to $500,000 coverage
From this, we modified age (young adults through seniors), gender, height, weight, tobacco use and health ratings to gather quotes reflecting different Alaska resident situations. This revealed which companies excel for specific profiles.
About Mark Fitzpatrick
Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.
Mark earned a master's degree in Economics and International Relations from Johns Hopkins University and a bachelor's degree from Boston College. He is passionate about using his economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.