Best Life Insurance in Los Angeles, CA (September 2024)

Protective is the best life insurance provider in Los Angeles, California, for men and women. The MoneyGeek score for men is 92, with an average monthly premium of $25. For women, the MoneyGeek score is 91, with an average monthly premium of $24. These scores and premium costs are based on a 20-year term policy with $500,000 coverage.

When deciding on life insurance, consider various factors such as affordability, customer satisfaction and financial stability. Your unique needs may mean a different company is best for you.

Protective offers the best life insurance in Los Angeles, with a MoneyGeek score of 92 for men and 91 for women. Its average monthly premiums are $25 and $24, respectively.

Top providers for men:

• Protective: MoneyGeek score of 92 out of 100 at $25 per month for men
• Mutual of Omaha: MoneyGeek score of 89 out of 100 at $30 per month for men

Top providers for women:

• Protective: MoneyGeek score of 91 out of 100 at $24 per month for women
• Mutual of Omaha: MoneyGeek score of 89 out of 100 at $29 per month for women

Choosing Protective is a smart move for the average individual looking to purchase life insurance in Los Angeles. With high MoneyGeek scores and competitive monthly premiums, it offers a balanced mix of affordability, customer satisfaction and financial stability.

Protective is the best term life insurance provider in Los Angeles for men and women, with a MoneyGeek score of 92 and an average monthly premium of $13 for both genders. This company offers a winning combination of affordability, customer satisfaction and financial stability, making it an ideal choice for individuals seeking reliable coverage without overstretching their budget.

The top two term life insurance companies for men are:

• Protective: MoneyGeek score of 92 out of 100 at $13 per month for men
• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $15 per month for men

For women, the top two are:

• Protective: MoneyGeek score of 92 out of 100 at $13 per month for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $17 per month for women

Term life insurance is a straightforward way to protect one's beneficiaries financially if the policyholder passes away during the policy's term. For example, a parent might purchase a term life policy to ensure their child's education costs are covered.

Protective is the best whole life insurance provider in Los Angeles, with a Moneygeek score of 92 for men and women. The score reflects the company's strong performance across affordability, customer satisfaction, financial stability and product diversity.

Top whole life companies for men in Los Angeles:

• 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 Los Angeles:

• 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 is a type of permanent life insurance that offers a death benefit and cash value component, which can serve as a financial asset over time. For example, someone might choose whole life insurance to ensure lifelong coverage and potentially accumulate cash value as a savings component.

In Los Angeles, Protective is the best universal life insurance provider for men and women, with a MoneyGeek score of 91 for each. This score reflects Protective's commitment to affordability, customer satisfaction and financial stability, making it an optimal choice for the average individual seeking life insurance coverage. The company's product diversity also ensures a range of options to fit various needs and preferences.

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 is a flexible policy that combines life insurance with a savings element. It allows policyholders to adjust their premiums and death benefits. For example, someone might choose universal life insurance over term life insurance for the potential to accumulate cash value that can be used as a retirement supplement or to cover unexpected expenses.

Protective is the premier provider of the best no-medical-exam life insurance in Los Angeles, with a MoneyGeek score of 91 for men and women. This top-ranking score reflects Protective's commitment to affordability, customer satisfaction and financial stability, marking it as an optimal choice for individuals seeking reliable coverage 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 with no mandatory medical exam offers a quick and convenient option for coverage, bypassing the traditional health assessment. For instance, someone with a busy schedule or a minor health issue might choose this insurance to avoid the delays and complications of a medical exam.

For seniors in Los Angeles seeking the best term life insurance, Protective stands out for men and women with a MoneyGeek Score of 91 and 90, respectively. Its average monthly premium is $60 for men and $61 for women.

Age is a determining factor in life insurance premiums; as individuals age, the likelihood of health issues increases, which can raise the cost of insurance. Protective's high MoneyGeek score reflects its competitive pricing, strong customer satisfaction and solid financial stability, making it a leading choice for best term life insurance for seniors.

In Los Angeles, Mutual of Omaha stands out for men and women seeking the best term life insurance for smokers. For men, it has a MoneyGeek score of 90 and an average monthly premium of $64. For women, it has a Moneygeek score of 89 and an average monthly premium of $73 premium for women.

Smoking is a key factor in life insurance as it can lead to higher premiums; insurers view smokers as higher risk due to the associated health issues. Mutual of Omaha's top scores reflect its strong customer satisfaction, affordability and financial stability, making it a reliable choice for those concerned about the impact of smoking on their life insurance options.

For the best term life insurance for young adults in Los Angeles, Protective stands out with a MoneyGeek score of 92 and an average monthly premium of $8 for men and women.

Age plays a crucial role in determining life insurance premiums, with younger adults typically benefiting from lower costs. Protective's high MoneyGeek score reflects its strong customer satisfaction, affordability and financial stability. Choosing the best term life insurance for young adults ensures you get cost-effective and reliable coverage.

For the best cheap term life insurance in Los Angeles, Protective tops the list for men and women. It has a MoneyGeek score of 92 and an average monthly premium of $13 for both genders. Protective excels in customer satisfaction and financial stability.

Age, health and coverage all influence the cost of life insurance. To get the lowest premiums, you should strive to maintain good health, avoid tobacco use and compare quotes from different insurers.

The average monthly premium for term life insurance in Los Angeles, California, is $22 for women and $24 for men.

Many factors affect the cost of life insurance premiums, including age, health, lifestyle and occupation. Insurers assess these factors to determine the insured's risk level.

The cost of life insurance in Los Angeles might differ from the rest of California for several reasons. The regional cost of living can influence premium rates. Higher health care costs and different health statistics in Los Angeles may also play a role. Additionally, local market conditions and competition among insurers can impact pricing.

Understanding these factors can help you make informed decisions about your life insurance needs.