Best Life Insurance in Fort Lauderdale, FL (August 2024)


Enter your ZIP code to get started

Shield

Free. Simple. Secure.

fact checked icon

Updated: October 4, 2024

Advertising & Editorial Disclosure

The best life insurance company in Fort Lauderdale, Florida, for both men and women is Protective. The MoneyGeek score for men is 91, with a monthly premium cost of $30. For women, the MoneyGeek score is also 92, with a monthly premium cost of $24.

Different factors should be considered when deciding on what type of life insurance to buy. These scores and premium costs are based on a 20-year term policy with $500,000 coverage. Your unique needs may mean a different company is best for you.

Why Trust MoneyGeek? We analyzed 1,488 life insurance quotes alongside customer satisfaction, financial stability reports, product offerings and more to determine the best life insurance companies in Fort Lauderdale, Florida.

recency icon

Coverage costs and company information for life insurance providers were updated in August 2024.

1,488Quotes Analyzed
 
14Companies Compared
 
50ZIP Codes
MoneyGeek Logo IconBestLife InsuranceFort Lauderdale
2024

Best Life Insurance Companies in Fort Lauderdale

Overall Best Life Insurance in Fort Lauderdale, FL

How was this MoneyGeek score calculated?

Protective offers the best life insurance in Fort Lauderdale for both men and women, with a MoneyGeek score of 92 for men and 92 for women. The average monthly premium is $30 for men and $24 for women.

The top providers for men are:

  • Protective: MoneyGeek score of 92 out of 100 at $30 per month
  • Mutual of Omaha: MoneyGeek score of 91 out of 100 at $37 per month

The top providers for women are:

  • Protective: MoneyGeek score of 92 out of 100 at $24 per month
  • Mutual of Omaha: MoneyGeek score of 89 out of 100 at $30 per month

Protective stands out due to its high customer satisfaction scores and affordable premiums.

mglogo
MoneyGeek Top Pick
Protective

In Fort Lauderdale, Protective offers the best life insurance for both men and women, with a MoneyGeek score of 92. Women can secure a policy at approximately $24 per month, while men's premiums are around $30 monthly. The company's excellence in customer satisfaction and affordability make it a top choice for life insurance seekers in the area.

Pros:

  • High customer satisfaction
  • Excellent affordability
  • Strong financial stability

Cons:

  • Buying process could improve

Best Term Life Insurance in Fort Lauderdale, FL

How was this MoneyGeek score calculated?

If you’re seeking the best term life insurance in Fort Lauderdale, Protective is the top provider for both men and women. With a MoneyGeek score of 67 and a monthly premium of $14 for men, and a score of 66 with a $12 premium for women, Protective offers a compelling balance of affordability and quality service. This high ranking indicates a strong customer satisfaction and financial stability, making it a solid choice for term life insurance shoppers.

The top two term life insurance companies for men are:

  • Protective: MoneyGeek score of 67 out of 100 at $14 per month
  • Allstate: MoneyGeek score of 63 out of 100 at $13 per month

For women, the top two are:

  • Protective: MoneyGeek score of 66 out of 100 at $12 per month
  • Allstate: MoneyGeek score of 63 out of 100 at $11 per month

Term life insurance provides coverage for a specific period, making it a cost-effective option for people seeking financial protection for their loved ones without a long-term commitment. For instance, a parent might choose term insurance to ensure their child's education is funded in case of an untimely death.

mglogo
MoneyGeek Top Pick
Protective

Protective stands out as the premier choice for term life insurance in Fort Lauderdale, catering to needs the needs of women and men. With an impressive MoneyGeek score of 91 and a monthly premium of $12 for women — and a MoneyGeek score of 92 and a monthly premium of $14 for men — it's a blend of quality and affordability that's hard to beat.

Recognized for its commitment to customer satisfaction and financial robustness, Protective offers a reliable safety net for women seeking financial security through life insurance.

Pros:

  • High customer satisfaction
  • Strong financial stability
  • Attractive affordability

Cons:

  • Buying process could improve

Best Whole Life Insurance in Fort Lauderdale, FL

How was this MoneyGeek score calculated?

Protective stands out as the provider of the best whole life insurance in Fort Lauderdale, with a MoneyGeek score of 92 for both men and women. This high score suggests that Protective offers a combination of affordability, customer satisfaction and financial stability, making it a solid choice if you’re seeking reliable life insurance coverage.

The top performers for men are:

  • Protective: MoneyGeek score of 92 out of 100
  • Mutual of Omaha: MoneyGeek score of 91 out of 100

The top performers for women are:

  • Protective: MoneyGeek score of 92 out of 100
  • Mutual of Omaha: MoneyGeek score of 91 out of 100

Whole life insurance provides lifelong coverage and includes an investment component that can accumulate cash value. For example, someone might choose whole life insurance to ensure permanent protection while also building cash value that can be borrowed against in the future.

mglogo
MoneyGeek Top Pick
Protective

Protective stands out as the premier choice for whole life insurance in Fort Lauderdale, scoring an impressive 92 for both men and women. This reflects a strong balance of affordability, customer satisfaction, and financial stability, making it an attractive option for prospective policyholders.

Pros:

  • High customer satisfaction
  • Strong affordability
  • Reliable financial stability

Cons:

  • Limited product options
  • Complex buying process

Compare Life Insurance Rates

Ensure you're getting the best rate for your life insurance. Compare quotes from top providers to find the most affordable life insurance coverage for your needs.

widget-location-pin
Insurance Rates

Best Universal Life Insurance in Fort Lauderdale, FL

How was this MoneyGeek score calculated?

Protective is the best universal life insurance provider in Fort Lauderdale, with a MoneyGeek score of 91 for both men and women.

This score suggests that Protective stands out for its balance of affordability, customer satisfaction and financial stability. These factors are pivotal for people seeking a reliable universal life insurance policy.

The best companies for men are:

  • Protective: MoneyGeek score of 91 out of 100
  • Mutual of Omaha: MoneyGeek score of 90 out of 100

The best companies for women are:

  • Protective: MoneyGeek score of 91 out of 100
  • Mutual of Omaha: MoneyGeek score of 90 out of 100

Universal life insurance is a flexible policy that allows policyholders to adjust their premiums and death benefits. For example, someone might choose universal life insurance over term life insurance for its potential cash value accumulation, which can serve as a financial resource during their lifetime.

mglogo
MoneyGeek Top Pick
Protective

Protective stands out as the top choice for the best universal life insurance in Fort Lauderdale for both men and women, boasting MoneyGeek scores of 91 for each. This score reflects a harmonious blend of customer satisfaction, affordability and financial stability, ensuring a reliable and valuable insurance experience for clients.

Pros:

  • High customer satisfaction
  • Excellent affordability
  • Solid financial stability

Cons:

  • Buying process could improve

Best No-Medical-Exam Life Insurance in Fort Lauderdale, FL

How was this MoneyGeek score calculated?

Protective stands out as the provider of the best life insurance without a required medical exam in Fort Lauderdale, with a MoneyGeek score of 91 for both men and women.

This score reflects a balance of affordability, customer satisfaction, and financial stability, making Protective an optimal choice for individuals seeking reliable coverage without the need for a medical exam. The company's high scores indicate a commitment to excellence in service and product offerings, ensuring policyholders receive quality insurance tailored to their needs.

The best companies for men are:

  • Protective: MoneyGeek score of 91 out of 100
  • Mutual of Omaha: MoneyGeek score of 90 out of 100

The best companies for women are:

  • Protective: MoneyGeek score of 91 out of 100
  • Mutual of Omaha: MoneyGeek score of 90 out of 100

No-medical-exam life insurance is a policy that grants coverage without requiring a health examination, which can be ideal if you have health concerns or a need for expedited coverage. For example, an individual with a busy lifestyle or pre-existing conditions may choose such insurance to avoid the delays and complications of a traditional underwriting process.

mglogo
MoneyGeek Top Pick
Protective

If you’re seeking the best no-medical-exam life insurance in Fort Lauderdale, Protective emerges as the leading choice for both men and women, boasting MoneyGeek scores of 91 for each. This score reflects a balance of affordability, customer satisfaction and financial stability, making Protective a standout in the insurance market.

Pros:

  • High customer satisfaction
  • Strong affordability
  • Solid financial stability

Cons:

  • Buying process could improve

How Much Life Insurance Do You Need?

Answer three simple questions to get your recommended coverage amount.

Incognito iconYour information is anonymous and secure
Income icon
Saving icon
debt icon

Best Term Life Insurance for Seniors in Fort Lauderdale, FL

How was this MoneyGeek score calculated?

In Fort Lauderdale, for seniors seeking the best term life insurance, Protective stands out for both men and women, with a MoneyGeek score of 91. The monthly premium is to $60 for men and $52 for women.

Age is a determining factor in life insurance premiums, with costs typically increasing as policyholders grow older. Protective's high score reflects a balance of affordability and customer satisfaction, as well as financial stability.

Best Term Life Insurance for Seniors in Fort Lauderdale
Data filtered by:Results filtered by:
gender:
gender:M
1CompanyProtectivePremium$60MG Score out of 10091
2CompanyMutual of OmahaPremium$65MG Score out of 10091
3CompanyNationwidePremium$61MG Score out of 10090
4CompanyAllstatePremium$53MG Score out of 10089
5CompanyAAAPremium$76MG Score out of 10088
6CompanyTransamericaPremium$61MG Score out of 10087
7CompanyPrudentialPremium$79MG Score out of 10085
8CompanyState FarmPremium$103MG Score out of 10084
9CompanyHavenPremium$119MG Score out of 10082

Best Term Life Insurance for Smokers in Fort Lauderdale, FL

How was this MoneyGeek score calculated?

For smokers in Fort Lauderdale, Mutual of Omaha provides the best term life insurance for smokers, with a MoneyGeek score of 91 for men and 90 for women, with monthly premiums of $39 and $34, respectively.

Smoking is a significant factor in determining life insurance premiums due to the health risks associated with tobacco use. Insurers typically charge higher rates to smokers to account for these risks.

Mutual of Omaha's high scores reflect a strong balance across various metrics, including affordability, customer satisfaction, and financial stability. This makes it a reliable choice if you’re seeking coverage that acknowledges your smoking habits without compromising on quality or service.

Best Term Life Insurance for Smokers in Fort Lauderdale
Data filtered by:Results filtered by:
gender:
gender:M
1CompanyMutual of OmahaPremium$39MG Score out of 10091
2CompanyNationwidePremium$45MG Score out of 10089
3CompanyAAAPremium$43MG Score out of 10089
4CompanyTransamericaPremium$35MG Score out of 10088
5CompanyProtectivePremium$58MG Score out of 10088
6CompanyPrudentialPremium$37MG Score out of 10087
7CompanyState FarmPremium$53MG Score out of 10086
8CompanyAllstatePremium$53MG Score out of 10085
9CompanyHavenPremium$70MG Score out of 10082

Best Term Life Insurance for Young Adults in Fort Lauderdale, FL

How was this MoneyGeek score calculated?

For the best term life insurance for young adults in Fort Lauderdale, Protective stands out with a MoneyGeek score of 92 and a monthly premium of $8 for men and $7 for women. Age is a key factor in determining life insurance premiums, with younger adults typically paying less. Protective's high MoneyGeek score is attributed to its affordability, customer satisfaction and financial stability.

Best Term Life Insurance for Young Adults in Fort Lauderdale
Data filtered by:Results filtered by:
Sex:
Sex:M
1CompanyProtectivePremium$8MG Score out of 10092
2CompanyMutual of OmahaPremium$10MG Score out of 10091
3CompanyNationwidePremium$10MG Score out of 10090
4CompanyAAAPremium$11MG Score out of 10089
5CompanyAllstatePremium$8MG Score out of 10089
6CompanyTransamericaPremium$9MG Score out of 10088
7CompanyState FarmPremium$17MG Score out of 10086
8CompanyHavenPremium$13MG Score out of 10086
9CompanyPrudentialPremium$16MG Score out of 10085
10CompanyBestowPremium$26MG Score out of 10083

Best Cheap Term Life Insurance in Fort Lauderdale, FL

How was this MoneyGeek score calculated?

If you’re seeking the best cheap term life insurance in Fort Lauderdale, Protective stands out for both men and women. With a MoneyGeek Score of 92 for men and 91 for women, and monthly premiums of $14 and $12 respectively, Protective offers excellent value.

Life insurance premiums are influenced by age, health, coverage amount and term length. To get the lowest premiums, maintain good health, choose a shorter term and opt for a lower coverage amount. Protective scores high due to its affordability, customer satisfaction and financial stability.

Best Cheap Term Life Insurance in Fort Lauderdale
Data filtered by:Results filtered by:
Sex:
Sex:M
1CompanyProtectivePremium$14MG Score out of 10092
2CompanyAllstatePremium$13MG Score out of 10091
3CompanyNationwidePremium$16MG Score out of 10091
4CompanyMutual of OmahaPremium$16MG Score out of 10090
5CompanyTransamericaPremium$14MG Score out of 10090
6CompanyAAAPremium$18MG Score out of 10088
7CompanyHavenPremium$22MG Score out of 10083
8CompanyState FarmPremium$27MG Score out of 10082
9CompanyPrudentialPremium$24MG Score out of 10082

Average Cost of Term Life Insurance in Fort Lauderdale, FL

In Fort Lauderdale, the average monthly premium for term life insurance is $23 for women and $28 for men. These figures reflect the cost of securing financial protection for your loved ones.

Many factors influence the cost of life insurance premiums. Age, health, lifestyle choices, occupation and the amount of coverage all play a role in determining your rate. For instance, younger and healthier individuals generally pay lower premiums, while those with risky occupations or health conditions may face higher costs.

The cost of life insurance in Fort Lauderdale might differ from other parts of Florida due to local factors. Health statistics, average income levels, cost of living and regional risk factors can all impact insurance rates. For example, if Fort Lauderdale has higher healthcare costs or a greater prevalence of certain health conditions, this could lead to higher premiums.

Understanding these factors can help you make informed decisions about your life insurance needs. Always compare rates and consider your personal circumstances to find the best coverage for you and your family.

FAQ About Life Insurance in Fort Lauderdale, FL

What company has the best life insurance in Fort Lauderdale for men?
What is the monthly premium cost for the best life insurance for men in Fort Lauderdale?
What company has the best life insurance in Fort Lauderdale for women?
What is the monthly premium cost for the best life insurance for women in Fort Lauderdale?
Is there anything different about life insurance in Fort Lauderdale compared to the rest of Florida?
What happens to your life insurance if a company goes bankrupt in Fort Lauderdale?
Why might Fort Lauderdale residents need life insurance?
How do you find a lost life insurance policy in Fort Lauderdale?

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.

Fitzpatrick 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 knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.


sources