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 (June 2025)
Updated: June 18, 2025
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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 various common 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:
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Age:41-50
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Gender:M
Select
Coverage Level:250k-500k
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Term:10
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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
Below, we’ve highlighted key tips to help you find the right life insurance plan for your needs.
- 1
Decide coverage beforehand
Finding out how much life insurance you need is important 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 usually remain the same across states, but company reputation in your area is vital 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
We found the top three life insurance companies in Alaska are State Farm, GEICO and Haven. While these are our recommendations, do your own research, decide on a coverage level, and compare quotes to get the best deal possible.
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 establish your coverage needs, then diligently research insurers and plans, and finally, compare multiple quotes for a well-informed choice.
Do life insurance rates differ by state?
No, life insurance rates are constant across states, yet coverage details and riders can depend on location.
How We Decided the Best Life Insurance in Alaska
MoneyGeek created a scoring system to compare life insurance companies across five categories and ranked them based on their scores. We selected companies to review based on their broad national coverage and ability to provide an online quote.
MoneyGeek's Scoring System
In our unique scoring system, companies can earn up to five points in each of five categories. We then use these category scores to calculate an overall MoneyGeek score out of 100. We applied the following base weightings to score insurers:
- Affordability: 60%
- Financial Stability: 5%
- Buying Process: 5%
- Customer Satisfaction: 20%
- Product Diversity: 10%
Each company's score incorporates:
- Cost data obtained through online quotes
- Financial strength ratings from AM Best and the number of years in business
- Customer satisfaction data from the National Association of Insurance Commissioners (NAIC) customer complaint index (we reviewed annual complaint data from 2020 to 2022, the most recent year available)
- Availability of tools to aid in the buying process, such as online product materials and multiple payment options
- Diversity of life insurance products offered
Sample Customer Profile
MoneyGeek used a standard profile to obtain life insurance quotes in Alaska:
- 40-year-old nonsmoker
- Average height and healthy weight
- Excellent health rating
We modified the profile by age, gender, height, weight, tobacco use, health rating and geographic location to collect a variety of quotes and determine the best life insurance company for several types of customers. We collected quotes for term life insurance with varying term lengths and coverage amounts, as well.
When necessary, we identified trends in the dataset and used those patterns to calculate projections and extend the data beyond what was originally collected.
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.