Best Life Insurance in Fort Wayne, IN (October 2024)


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In Fort Wayne, Indiana, Mutual of Omaha is the best life insurance company for men, with a MoneyGeek score of 91 and an average monthly premium of $48. For women, Protective is the top provider, with a MoneyGeek score of 92 and a monthly premium of $30. These scores and premiums are based on a 20-year term policy with $500,000 coverage.

Different factors, such as health and age, can influence which life insurance policy is best for you. It's important to consider your unique needs when deciding on the right policy.

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 Wayne, Indiana.

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

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

Best Life Insurance Companies in Fort Wayne

Overall Best Life Insurance in Fort Wayne, IN

How was this MoneyGeek score calculated?

In Fort Wayne, Mutual of Omaha offers the best life insurance for men, with a MoneyGeek score of 91 out of 100 and an average monthly premium of $48. For women, Protective is the top provider, with a MoneyGeek score of 92 out of 100 at around $30 per month.

Top providers for men:

  • Mutual of Omaha: MoneyGeek score of 91 out of 100 at $48 per month for men
  • Protective: MoneyGeek score of 91 out of 100 at $49 per month for men

Top providers for women:

  • Protective: MoneyGeek score of 92 out of 100 at $30 per month for women
  • Mutual of Omaha: MoneyGeek score of 90 out of 100 at $38 per month for women

Mutual of Omaha stands out for men due to its high MoneyGeek score and competitive monthly premium. Similarly, Protective is the best choice for women, offering a high MoneyGeek score at a lower monthly premium. These companies provide a balanced combination of affordability, customer satisfaction and financial stability, making them ideal for the average individual seeking life insurance in Fort Wayne.

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MoneyGeek Top Pick
Mutual of Omaha

In Fort Wayne, Mutual of Omaha is the leading choice for men seeking life insurance. It has a MoneyGeek score of 91 and an average monthly premium of $48. Protective stands out for women, with a MoneyGeek score of 92 and a monthly premium of around $30. Both companies offer reliable coverage options tailored to meet the needs of their respective clientele.

Mutual of Omaha

Pros:

  • High customer satisfaction
  • Strong financial stability

Cons:

  • Buying process could improve

Protective

Pros:

  • High customer satisfaction
  • Strong financial stability

Cons:

  • Buying process could improve

Best Term Life Insurance in Fort Wayne, IN

How was this MoneyGeek score calculated?

Protective is the top provider of the best term life insurance in Fort Wayne for men and women, with a MoneyGeek score of 91 and 92, respectively. Men can secure a policy at an average monthly premium of $24, while women pay around $16 per month. Protective's high scores reflect its commitment to affordability, customer satisfaction and financial stability, making it a solid choice for individuals seeking term life insurance coverage in Fort Wayne.

The top two term life insurance companies for men are:

  • Protective: MoneyGeek score of 91 out of 100 at $24 per month for men
  • Mutual of Omaha: MoneyGeek score of 91 out of 100 at $24 per month for men

For women, the top two are:

  • Protective: MoneyGeek score of 92 out of 100 at $16 per month for women
  • Mutual of Omaha: MoneyGeek score of 90 out of 100 at $22 per month for women

Term life insurance is a policy that provides coverage for a specific term length, such as 10 years. It is often chosen over permanent life insurance for its lower cost and the ability to match the term to the length of the financial need. For example, a parent might buy a 20-year term policy to ensure their child's education expenses will be covered in the event of their untimely passing.

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MoneyGeek Top Pick
Protective

In Fort Wayne, Protective is the top provider of term life insurance for men and women. For men, it has a MoneyGeek score of 91 and an average monthly premium of $24. For women, it has a MoneyGeek score of 92 and a monthly premium of around $16. Choosing Protective means opting for a reliable and cost-effective insurance solution.

Pros:

  • High customer satisfaction
  • Strong affordability
  • Solid financial stability

Cons:

  • Buying process could be smoother

Best Whole Life Insurance in Fort Wayne, IN

How was this MoneyGeek score calculated?

For individuals in Fort Wayne looking for the best whole life insurance, Protective stands out with a MoneyGeek score of 92 for men and women. This score reflects Protective's commitment to providing a well-rounded insurance experience that includes affordability, customer satisfaction and financial stability.

Top whole life companies for men in Fort Wayne:

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

Top whole life companies for women in Fort Wayne:

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

Whole life insurance offers a guaranteed death benefit, fixed premiums and a savings component that grows over time. These features make it a reliable choice for long-term financial planning. For example, someone might choose whole life insurance to ensure their family's financial security while accumulating cash value they can borrow against if needed.

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MoneyGeek Top Pick
Protective

In Fort Wayne, Protective is the premier provider of whole life insurance for men and women, with a MoneyGeek score of 92 for both. This ranking reflects the company's strong performance across key metrics, ensuring clients receive quality service and reliable coverage.

Pros:

  • High customer satisfaction
  • Notable affordability
  • Solid financial stability

Cons:

  • Buying process could improve

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.

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Insurance Rates

Best Universal Life Insurance in Fort Wayne, IN

How was this MoneyGeek score calculated?

For individuals in Fort Wayne seeking the best universal life insurance, Protective stands out with a MoneyGeek score of 91 for men and women. This score indicates a strong performance across various metrics, including affordability, customer satisfaction and financial stability.

Best universal life insurance for men:

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

Best for women's universal life insurance:

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

Universal life insurance offers flexibility in premiums and death benefits, making it suitable for those who value adaptability in their financial planning. For example, someone might prefer universal life insurance to secure a death benefit while accumulating a cash value that can be used during their lifetime.

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MoneyGeek Top Pick
Protective

For those seeking the best universal life insurance in Fort Wayne, Protective is the leading choice for men and women. With a MoneyGeek score of 91 for both genders, Protective ensures satisfaction and stability in its offerings.

Pros:

  • High customer satisfaction
  • Strong affordability
  • Solid financial stability

Best No-Medical-Exam Life Insurance in Fort Wayne, IN

How was this MoneyGeek score calculated?

Protective is the best no-medical-exam life insurance provider in Fort Wayne for men and women, with a MoneyGeek score of 91 for both. This company offers a balance of affordability, customer satisfaction and financial stability, making it a fitting choice for individuals in need of a reliable insurance policy without the hassle of a medical exam.

Best no-medical-exam life insurance for men:

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

Best life insurance for women that does not require a medical exam:

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

Life insurance without a required medical exam allows individuals to bypass the traditional health assessment typically required for life insurance policies. For example, someone with a busy schedule or a dislike of medical exams might opt for this type of insurance for its convenience and speed.

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MoneyGeek Top Pick
Protective

In Fort Wayne, Protective is the top choice for those seeking life insurance without a mandatory medical exam. It has a MoneyGeek score of 91 for men and women. This ranking reflects Protective's blend of excellent customer satisfaction and affordability.

Pros:

  • High customer satisfaction
  • Superior affordability
  • Solid financial stability

Cons:

  • Buying process could improve

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Best Term Life Insurance for Seniors in Fort Wayne, IN

How was this MoneyGeek score calculated?

In Fort Wayne, Mutual of Omaha and Protective are the leading providers of the best term life insurance for seniors. Mutual of Omaha has a MoneyGeek score of 91 with an average monthly premium of $96 for men, while Protective leads for women with a score of 91 and a monthly premium of about $70.

Age is a determining factor in life insurance costs, as premiums generally increase with age to account for higher risk. The high MoneyGeek scores for Mutual of Omaha and Protective suggest a strong combination of affordability, customer satisfaction and financial stability. These factors are key considerations for seniors looking for term life insurance.

Best Term Life Insurance for Seniors in Fort Wayne
Data filtered by:Results filtered by:
gender:
gender:M
1Mutual of Omaha$9691
2Nationwide$8091
3Protective$10391
4Prudential$9487
5Transamerica$10687
6Allstate$11686
7AAA$15485
8State Farm$16085
9Haven$17882

Best Term Life Insurance for Smokers in Fort Wayne, IN

How was this MoneyGeek score calculated?

For men seeking the best term life insurance for smokers in Fort Wayne, Mutual of Omaha leads with a MoneyGeek score of 90 and an average monthly premium of $53. Women find the best option from Allstate, with a MoneyGeek score of 89 and a monthly premium of around $29.

Smoking impacts life insurance premiums due to the health risks associated with tobacco use, which insurers account for in their pricing. Mutual of Omaha and Allstate's high MoneyGeek scores reflect their strong performance across affordability, customer satisfaction and financial stability, making them reliable choices for smokers in Fort Wayne.

Best Term Life Insurance for Smokers in Fort Wayne
Data filtered by:Results filtered by:
gender:
gender:M
1Mutual of Omaha$5390
2Nationwide$5289
3Allstate$4688
4Protective$7588
5Transamerica$4788
6Prudential$4288
7State Farm$6686
8AAA$8885
9Haven$9182

Best Term Life Insurance for Young Adults in Fort Wayne, IN

How was this MoneyGeek score calculated?

In Fort Wayne, Protective offers the best term life insurance for young adults, with a MoneyGeek score of 92 for men and women. The average monthly premium is $15 for men and $10 for women.

The cost of term life insurance for young adults is influenced by age, as younger individuals generally pay lower premiums. Protective's high MoneyGeek score reflects its affordability, customer satisfaction and financial stability, making it an excellent choice for young adults seeking term life insurance in Fort Wayne.

Best Term Life Insurance for Young Adults in Fort Wayne
Data filtered by:Results filtered by:
Sex:
Sex:M
1Protective$1592
2Mutual of Omaha$1591
3Nationwide$1491
4Transamerica$1687
5AAA$2386
6Prudential$1985
7Haven$1985
8Allstate$2484
9State Farm$2784
10Bestow$2783

Best Cheap Term Life Insurance in Fort Wayne, IN

How was this MoneyGeek score calculated?

Nationwide offers the best cheap term life insurance for men in Fort Wayne, with a MoneyGeek score of 93 and an average monthly premium of $22. For women, Protective leads with a MoneyGeek score of 92 and a monthly premium of approximately $16. Nationwide and Protective have the highest MoneyGeek scores due to their balance of affordability, customer satisfaction and financial stability.

Life insurance premiums are influenced by several factors, including age, health, coverage amount and term length. To get the lowest premiums possible, maintain excellent health, choose a shorter term length and opt for a lower coverage amount.

Best Cheap Term Life Insurance in Fort Wayne
Data filtered by:Results filtered by:
Sex:
Sex:M
1Nationwide$2293
2Mutual of Omaha$2491
3Protective$2491
4Transamerica$2689
5Prudential$2887
6Allstate$3684
7AAA$3784
8Haven$3483
9State Farm$4382

Average Cost of Term Life Insurance in Fort Wayne, IN

The average monthly premium for term life insurance in Fort Wayne, Indiana, is $30 for women and $44 for men.

Several factors affect life insurance premiums, including age, health, lifestyle, occupation, policy term and coverage amount. Each of these elements can influence the cost you pay for life insurance.

In Fort Wayne, the cost of life insurance might be higher or lower than in the rest of Indiana for various local conditions. Factors such as local health statistics, economic conditions, crime rates and the level of competition among insurers can all play a role. Understanding these dynamics can help you make informed decisions when shopping for life insurance.

FAQ About Life Insurance in Fort Wayne, IN

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

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.


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