Best Life Insurance Companies in Arkansas (2025)

State Farm is the best life insurance company in Arkansas 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 some of the best affordable alternatives.

*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.

While the top life insurance provider is a great choice for many, your best option might differ based on your personal needs. The next section breaks down the top providers for common profiles to help you choose.

To help you find the best life insurance match, we've included a filterable table below, making it simple to find recommendations that match your unique profile.

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.

Here are some key tips to help you find the most suitable life insurance policy in Arkansas:

Based on MoneyGeek's analysis, we found that State Farm and GEICO are Arkansas's top two life insurance companies. While these are our recommendations, you should do your own research, decide on a coverage level and compare quotes to get the best deal possible.

Explore our expert answers to common life insurance questions in Arkansas.

We reviewed companies offering broad national coverage with online quoting capabilities, then scored them using five weighted categories that reflect what matters most when you're buying life insurance.

How we scored each company:

We assigned up to five points across five categories, then calculated overall scores out of 100 using these weightings:

• Affordability (60%): Cost data from online quotes for term policies
• Customer Satisfaction (20%): NAIC complaint index data from 2020-2022
• Product Diversity (10%): Range of policy types and coverage options available
• Financial Stability (5%): AM Best ratings and years in business
• Buying Process (5%): Online tools, product materials, and payment flexibility

Why these weights: Your premiums are what you'll pay for 10, 20, or 30 years, making affordability the dominant factor for Arkansas families protecting their income and mortgages on tighter budgets. Customer satisfaction carries substantial weight because the cheapest company means nothing if they deny valid claims or provide poor service when your beneficiaries need support decades from now. Product diversity, financial stability, and buying convenience round out the evaluation.

Our baseline quote profile:

We started with a 40-year-old nonsmoker at average height and healthy weight with an excellent health rating. From there, we adjusted age, gender, height, weight, tobacco use, health status, and location to collect quotes across different customer profiles.

We gathered quotes for term policies with varying coverage amounts and term lengths, which represent the most affordable and popular choice for Arkansas families protecting their income and mortgages. When our dataset showed clear pricing patterns, we calculated projections to extend coverage where needed.