Best Life Insurance in Cary, NC (October 2024)

In Cary, North Carolina, Mutual of Omaha is the best life insurance company for men, with a MoneyGeek score of 91 and an average monthly premium of $54. For women, Protective is the top choice, scoring 92 and charging $27 monthly. These figures are based on a 20-year term policy with $500,000 coverage.

When deciding on life insurance, consider the coverage amount, term length and your health. Your unique needs may mean a different company is best for you.

Mutual of Omaha offers the best life insurance in Cary for men, with a MoneyGeek score of 91 and an average monthly premium of $54. For women, Protective is the top provider, with a MoneyGeek score of 92 and a monthly premium of $27.

Top providers for men:

• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $54 per month
• Protective: MoneyGeek score of 91 out of 100 at $56 per month

Top providers for women:

• Protective: MoneyGeek score of 92 out of 100 at $27 per month
• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $34 per month

Both companies are the best choices in Cary due to their high MoneyGeek score and affordable premiums.

For men seeking the best term life insurance in Cary, Mutual of Omaha leads with a MoneyGeek score of 92 and an average monthly premium of $23. Women find their top choice with Protective, scoring 91 at just $13 per month. These companies stand out for their strong customer satisfaction, financial stability and product diversity.

Top term life insurance companies for men:

• Mutual of Omaha: MoneyGeek score of 92 out of 100 at $23 per month
• Protective: MoneyGeek score of 91 out of 100 at $25 per month

Top term life insurance companies for women:

• Protective: MoneyGeek score of 91 out of 100 at $13 per month
• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $15 per month

Term life insurance offers short-term protection for a defined period and financial security when needed. For example, a parent might choose it to fund their child's education in case of their untimely passing.

Protective is the best whole life insurance provider in Cary, with a MoneyGeek score of 92 for men and women. This score reflects a combination of affordability, customer satisfaction and financial stability.

• Protective: MoneyGeek score of 92 out of 100 for men and women
• Mutual of Omaha: MoneyGeek score of 91 out of 100 for men and women

Whole life insurance offers a fixed premium and a guaranteed death benefit, making it suitable for those seeking predictable costs and a secure financial legacy. Someone might choose it over term life insurance to ensure coverage for their entire life, regardless of health changes, and to build cash value over time.

Protective has Cary's best universal life insurance, with a MoneyGeek score of 91 for men and women. This score indicates strong performance in affordability, customer satisfaction, buying process, financial stability and product diversity.

• Protective: MoneyGeek score of 91 out of 100 for men and women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 for men and women

Universal life insurance offers flexibility in premiums and death benefits, which appeal to those who want long-term coverage with cash value growth potential. Someone might choose it over term life insurance to benefit from the policy's savings component, which can be used as a financial safety net or an investment.

Protective offers the best life insurance in Cary without a medical exam requirement. Its MoneyGeek score of 91 for men and women reflects a strong combination of affordability, customer satisfaction and financial stability.

• Protective: MoneyGeek score of 91 out of 100 for men and women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 for men and women

Life insurance with no mandatory medical exam offers a quick and convenient way to secure coverage without undergoing a health checkup. Someone with a busy schedule or a fear of medical procedures might opt for this type of insurance to save time and avoid stress.

For older men seeking the best term life insurance for seniors in Cary, Mutual of Omaha stands out with a MoneyGeek score of 92 and an average monthly premium of $93. Protective is the top choice for women, scoring 91 and charging $56 monthly.

Premiums rise as people reach their senior years because of increased health risks. Mutual of Omaha and Protective rank highest for men and women, respectively, thanks to their strong scores, which indicate customer satisfaction and financial stability — critical factors for seniors seeking reliable coverage.

Mutual of Omaha provides the best term life insurance for smokers in Cary, with MoneyGeek scores of 91 for men and 89 for women. The average monthly premiums are $51 for males and $33 for females.

Smoking increases premiums due to its health risks. Insurers charge smokers more to offset these risks. Mutual of Omaha provides valuable coverage at competitive prices, making it a top choice for smokers.

For men in Cary seeking the best term life insurance for young adults, Mutual of Omaha ranks highest with a MoneyGeek score of 92 and an average monthly premium of $15. For women, Protective leads with a MoneyGeek score of 92 and a monthly premium of $8.

Age significantly affects premiums because younger adults typically have lower health risks. The high scores for these companies reflect a strong balance of affordability, customer satisfaction and financial stability.

For the best cheap term life insurance in Cary, Mutual of Omaha leads for men with a MoneyGeek score of 92 and an average monthly premium of $23. Protective is the top option for women, with a MoneyGeek score of 91 at $13 monthly.

Factors impacting premiums include age, health, coverage amount and term length. To get the lowest rates, maintain good health, choose a shorter term length and opt for a higher deductible.

Cary's average monthly term life insurance premiums are $47 for men and $26 for women. Many factors affect costs, including age, health, lifestyle, occupation, policy term and coverage amount.

Life insurance costs in Cary can differ from those in other parts of North Carolina due to several factors, such as local health statistics, the cost of living and regional risks. Also, competition among insurers may affect prices.

Understanding these factors helps you make informed decisions when shopping for life insurance. It allows you to assess options and choose a policy that fits your needs and budget.