Best Life Insurance in Lansing, MI (October 2024)


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For women in Lansing, Michigan, the best life insurance provider is Protective, with a MoneyGeek score of 92 and an average monthly premium of $18. For men, the top provider is Mutual of Omaha with a MoneyGeek score of 91 and an average monthly premium of $23.

Different factors influence life insurance decisions, and 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 Lansing, Michigan.

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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 InsuranceLansing, MI
2024

Best Life Insurance Companies in Lansing

Overall Best Life Insurance in Lansing, MI

How was this MoneyGeek score calculated?

Mutual of Omaha offers the best life insurance for men in Lansing, with a MoneyGeek score of 91 and a monthly premium of $23. For women, Protective leads with a MoneyGeek score of 92 and a monthly premium of $18.

Top providers for men:

  • Mutual of Omaha: MoneyGeek score of 91 out of 100 at $23 per month for men
  • Protective: MoneyGeek score of 91 out of 100 at $24 per month for men

Top providers for women:

  • Protective: MoneyGeek score of 92 out of 100 at $18 per month for women
  • Mutual of Omaha: MoneyGeek score of 90 out of 100 at $22 per month for women

With top scores and competitive premiums, these companies provide reliable options for life insurance seekers in Lansing.

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MoneyGeek Top Pick
Mutual of Omaha

In Lansing, Mutual of Omaha leads as the best life insurance provider for men, getting a MoneyGeek score of 91, with an average $23 monthly premium. Protective is the best for women, with a MoneyGeek score of 92 and a monthly premium of about $18. Consumers can confidently choose either company, knowing they provide quality life insurance options for their needs.

Pros:

  • High customer satisfaction
  • Solid financial stability
  • Exceptional affordability

Cons:

  • Buying process could be better

Best Term Life Insurance in Lansing, MI

How was this MoneyGeek score calculated?

The best term life insurance in Lansing for men is Mutual of Omaha, with a MoneyGeek score of 92 and an average monthly premium of $10. women can go for Protective as its offerings are about $9 per month and received a MoneyGeek score of 91. Both are excellent choices for those who want comprehensive coverage and reliable service.

The top two term life insurance companies for men are:

  • Mutual of Omaha: MoneyGeek score of 92 out of 100 at $10 per month for men
  • Protective: MoneyGeek score of 91 out of 100 at $11 per month for men

For women, the top two are:

  • Protective: MoneyGeek score of 91 out of 100 at $9 per month for women
  • Mutual of Omaha: MoneyGeek score of 91 out of 100 at $10 per month for women

Term life insurance is a policy that covers a specified term and offers a death benefit if the insured passes away during the term. It's often chosen for its simplicity and lower cost than permanent life insurance. For example, a parent might opt for term life insurance to fund their child's education should anything happen to them.

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MoneyGeek Top Pick
Mutual of Omaha

For men seeking the best term life insurance in Lansing, Mutual of Omaha stands out, with a MoneyGeek score of 92 and a monthly premium of an estimated $10.

Pros:

  • High customer satisfaction
  • Excellent affordability
  • Solid financial stability

Cons:

  • Buying process could be better
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MoneyGeek Top Pick
Protective

Protective is the premier choice for women seeking the best term life insurance in Lansing, boasting a MoneyGeek score of 91. Its monthly premium of about $9 offers value and security.

Pros:

  • High customer satisfaction
  • Exceptional affordability
  • Solid financial stability

Cons:

  • Buying process could be smoother

Best Whole Life Insurance in Lansing, MI

How was this MoneyGeek score calculated?

In Lansing, Protective provides the best whole life insurance for both men and women, with a MoneyGeek score of 92. Protective ensures clients access to a top-rated policy that balances cost, customer satisfaction and financial stability.

Top whole life companies in Lansing:

  • 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 lifelong coverage and includes an investment component that can grow over time. Someone might choose whole life insurance to ensure their family's financial stability while also building cash value that they can borrow against in the future.

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MoneyGeek Top Pick
Protective

In Lansing, Michigan, Protective is the leading provider of whole life insurance for both men and women, earning a MoneyGeek score of 92.

Pros:

  • High customer satisfaction
  • Strong financial stability
  • Good affordability

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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Best Universal Life Insurance in Lansing, MI

How was this MoneyGeek score calculated?

The best universal life insurance in Lansing for men and women is Protective, with a MoneyGeek score of 91. Protective is a reliable choice for Lansing residents seeking life insurance coverage.

Best universal life insurance companies:

  • 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 flexible premiums, a death benefit and the potential to build cash value over time. For instance, someone who wants to adjust their premiums and coverage as their financial situation changes might opt for universal life insurance over more rigid policies, providing security and flexibility.

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MoneyGeek Top Pick
Protective

In Lansing, Protective is the top choice for universal life insurance for men and women, receiving an impressive MoneyGeek score of 91. This score reflects the company's commitment to quality service and reliable coverage.

Pros:

  • High customer satisfaction
  • Strong affordability
  • Solid financial stability

Cons:

  • Buying process needs improvement

Best No-Medical-Exam Life Insurance in Lansing, MI

How was this MoneyGeek score calculated?

Protective leads as the best no-medical-exam life insurance provider in Lansing, scoring an impressive 91 for men and women. Its MoneyGeek score reflects Protective's reliable and customer-centric service.

Best life insurance companies that do not require a medical exam:

  • 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 without a required medical exam allows individuals to obtain coverage quickly. This can be particularly beneficial for those who need immediate coverage or have health issues that could complicate a traditional application process. For instance, someone with a chronic condition might opt for no-medical-exam insurance to avoid being denied or facing higher premiums.

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MoneyGeek Top Pick
Protective

For those seeking life insurance with no mandatory medical exam in Lansing, Protective is the premier choice for men and women, getting a MoneyGeek score of 91.

Pros:

  • High customer contentment
  • Strong affordability
  • Solid financial reliability

Cons:

  • Rigid buying process

How Much Life Insurance Do You Need?

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Best Term Life Insurance for Seniors in Lansing, MI

How was this MoneyGeek score calculated?

The best term life insurance for seniors In Lansing is Mutual of Omaha for men, with a MoneyGeek score of 92 and a monthly premium of around $40. Protective leads for women with a score of 91 and a premium of $39.

Age is a factor in life insurance premiums; as individuals age, the risk to insurers increases, often leading to higher costs. Mutual of Omaha's and Protective's high MoneyGeek scores reflect their commitment to affordability, customer satisfaction and financial stability.

Best Term Life Insurance for Seniors in Lansing
Data filtered by:Results filtered by:
gender:
gender:M
1Mutual of Omaha$4092
2Protective$4691
3Nationwide$3991
4Transamerica$4887
5Prudential$4886
6AAA$6686
7Allstate$7185
8State Farm$7884
9Haven$7383

Best Term Life Insurance for Smokers in Lansing, MI

How was this MoneyGeek score calculated?

In Lansing, Mutual of Omaha provides the best term life insurance for smokers. It has a MoneyGeek score of 91 for men and 89 for women, with monthly premiums of about $22 and $23, respectively.

Smoking significantly affects life insurance premiums due to the health risks it poses, often leading to higher rates for smokers than nonsmokers. Mutual of Omaha provides valuable coverage at competitive prices. This information is crucial for smokers who need a reliable policy that can accommodate their circumstances without compromising quality or cost.

Best Term Life Insurance for Smokers in Lansing
Data filtered by:Results filtered by:
gender:
gender:M
1Mutual of Omaha$2291
2Nationwide$2789
3Transamerica$2088
4Protective$3388
5Prudential$2187
6State Farm$2986
7AAA$4085
8Allstate$3584
9Haven$3883

Best Term Life Insurance for Young Adults in Lansing, MI

How was this MoneyGeek score calculated?

For the best term life insurance for young adults in Lansing, Mutual of Omaha stands out with a MoneyGeek score of 92 and an average monthly premium of $6 for men. Protective earned the top spot for women, scoring 92 with a premium of $6.

Age is crucial in determining life insurance premiums, with younger adults typically benefiting from lower rates. Choosing a reliable term life insurance is essential for securing financial protection at a reasonable cost.

Best Term Life Insurance for Young Adults in Lansing
Data filtered by:Results filtered by:
Sex:
Sex:M
1Mutual of Omaha$692
2Protective$792
3Nationwide$790
4AAA$1088
5Transamerica$788
6Haven$886
7Allstate$1186
8Prudential$1085
9State Farm$1385
10Bestow$1783

Best Cheap Term Life Insurance in Lansing, MI

How was this MoneyGeek score calculated?

For men, Nationwide offers the best cheap term life insurance in Lansing, with a MoneyGeek score of 92 and a monthly premium of about $11. For women, Protective leads with a MoneyGeek score of 91 and a premium of $9.

Factors such as age, health, coverage amount and term length affect life insurance costs. To get the lowest premiums, maintain good health, choose a shorter term and opt for a lower coverage amount.

Best Cheap Term Life Insurance in Lansing
Data filtered by:Results filtered by:
Sex:
Sex:M
1Nationwide$1192
2Mutual of Omaha$1092
3Protective$1191
4Transamerica$1289
5AAA$1686
6Prudential$1586
7Haven$1485
8Allstate$1884
9State Farm$2182

Average Cost of Term Life Insurance in Lansing, MI

The average monthly premium for term life insurance in Lansing is $18 for women and $21 for men.

Many factors affect life insurance premiums, including age, health, lifestyle and the amount of coverage you choose. Insurers assess these factors to determine the risk for them by insuring you.

The cost of life insurance in Lansing might be higher or lower than in the rest of Michigan for several reasons. Regional economic factors, local health statistics and the level of competition among providers in the area can play a role.

Always consider your circumstances and the specific conditions of your area when evaluating your options.

FAQ About Life Insurance in Lansing, MI

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

About Mark Fitzpatrick


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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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