Best Life Insurance in Meridian, ID (October 2024)


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Protective offers the best life insurance in Meridian, Idaho. With a MoneyGeek score of 91 for women and 92 for men, it offers a strong balance of affordability and reliability. The average monthly premiums are $43 for men and $33 for women. These scores and premiums are based on a 20-year term policy with $500,000 coverage.

Different factors should be considered when deciding on life insurance. 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 Meridian, Idaho.

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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 InsuranceMeridian, ID
2024

Best Life Insurance Companies in Meridian

Overall Best Life Insurance in Meridian, ID

How was this MoneyGeek score calculated?

Protective is the best life insurance provider in Meridian for men and women, with a MoneyGeek score of 92 and 91, respectively. The company offers an average monthly premium of $43 for men and $33 for women.

Top providers for men:

  • Protective: MoneyGeek score of 92 out of 100 at $43 per month for men
  • Mutual of Omaha: MoneyGeek score of 91 out of 100 at $50 per month for men

Top providers for women:

  • Protective: MoneyGeek score of 91 out of 100 at $33 per month for women
  • Mutual of Omaha: MoneyGeek score of 90 out of 100 at $39 per month for women

Protective's high MoneyGeek scores and competitive premiums make it the best choice for the average individual looking to purchase life insurance in Meridian.

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MoneyGeek Top Pick
Protective

In Meridian, Protective is the best life insurance provider for men and women, with MoneyGeek scores of 91 for women and 92 for men. The company offers an average monthly premium of $33 for women and $43 for men, reflecting its commitment to affordability and customer satisfaction.

Pros:

  • High customer satisfaction
  • Affordable premiums
  • Strong financial stability

Cons:

  • Buying process could improve

Best Term Life Insurance in Meridian, ID

How was this MoneyGeek score calculated?

Protective is the best term life insurance provider in Meridian for men and women, with a MoneyGeek score of 91 for men and 92 for women. Its average monthly premium is $21 for men and $18 for women. These scores reflect a strong balance between affordability, customer satisfaction and financial stability, making Protective a top choice for individuals seeking reliable term life insurance coverage.

The top two term life insurance companies for men are:

  • Protective: MoneyGeek score of 91 out of 100 at $21 per month for men
  • Mutual of Omaha: MoneyGeek score of 90 out of 100 at $25 per month for men

For women, the top two are:

  • 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

Term life insurance is a policy that provides coverage for a specified term length and offers a death benefit if the insured passes away during the term. For example, a parent may purchase term insurance to ensure their child's education expenses are covered in the event of their untimely death.

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MoneyGeek Top Pick
Protective

Protective is the premier choice for the best term life insurance for men and women in Meridian. With a MoneyGeek score of 91, men can secure a policy at around $21 per month. For women, it has a MoneyGeek score of 92 and an average monthly premium of $18.

Pros:

  • High customer satisfaction
  • Exceptional affordability
  • Solid financial stability

Cons:

  • Buying process could improve

Best Whole Life Insurance in Meridian, ID

How was this MoneyGeek score calculated?

Protective is the top provider for men and women seeking the best whole life insurance in Meridian, with a MoneyGeek score of 92 for each. This score reflects a combination of affordability, customer satisfaction and financial stability, making Protective a solid choice for individuals looking to secure their financial future with a reliable insurance policy.

Top whole life companies for men in Meridian:

  • 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 Meridian:

  • 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 provides lifelong coverage and a cash value component, which can benefit those seeking a stable, long-term investment option. For example, an individual might choose whole life insurance over term life insurance to ensure that their family is financially protected no matter when they pass away while accumulating a cash value that can be borrowed against if needed.

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MoneyGeek Top Pick
Protective

Protective is the best provider of whole life insurance in Meridian for men and women, with a MoneyGeek score of 92 for each group. Protective's scores indicate a strong balance of customer satisfaction, affordability and financial stability, making it a reliable choice for life insurance needs.

Pros:

  • High customer satisfaction
  • Strong 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 Meridian, ID

How was this MoneyGeek score calculated?

In Meridian, Protective offers the best universal life insurance, with a MoneyGeek score of 91 for men and women. This score reflects the company's consistent performance across critical metrics, making it an ideal choice for individuals looking for reliable coverage and financial security.

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, which can appeal to those seeking long-term financial planning. For instance, a young professional might opt for universal life insurance over term life insurance to benefit from the potential for cash value accumulation that can be used later in life.

mglogo
MoneyGeek Top Pick
Protective

When selecting the best universal life insurance in Meridian, Idaho, Protective stands out for men and women. With a MoneyGeek score of 91 for each gender, the company demonstrates a strong balance of customer satisfaction, affordability and financial stability.

Pros:

  • High customer satisfaction
  • Strong affordability
  • Solid financial stability

Cons:

  • Buying process could improve

Best No-Medical-Exam Life Insurance in Meridian, ID

How was this MoneyGeek score calculated?

In Meridian, Protective is the top provider of the best no-medical-exam life insurance for men and women, with a MoneyGeek score of 91 for both. This company stands out for its strong performance in affordability, customer satisfaction and financial stability, making it a solid choice for individuals seeking reliable coverage without 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 offers coverage without needing a health assessment. It can benefit those with health concerns or who require immediate coverage. For instance, an individual with a chronic illness might choose this policy to avoid the potential of being denied coverage or facing higher premiums based on their health status.

mglogo
MoneyGeek Top Pick
Protective

Protective is the top provider for men and women in Meridian seeking life insurance with no mandatory medical exam. With a MoneyGeek score of 91 for both genders, the company ensures a balanced offering that prioritizes customer satisfaction and financial stability.

Pros:

  • High customer satisfaction
  • Strong affordability
  • Stable financially

Cons:

  • Buying process could improve

How Much Life Insurance Do You Need?

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Best Term Life Insurance for Seniors in Meridian, ID

How was this MoneyGeek score calculated?

For men seeking the best term life insurance for seniors in Meridian, Mutual of Omaha stands out with a MoneyGeek score of 91 and an average monthly premium of $93. Women find their top choice in Protective, with a MoneyGeek score of 90 and an average monthly premium of $84.

Age is a determining factor in the cost of life insurance premiums; as the risk of insuring an individual increases with age, so does the premium. Mutual of Omaha's and Protective's high MoneyGeek scores indicate strong customer satisfaction, financial stability and product diversity, which are key for seniors who prioritize reliability in their life insurance selection.

Best Term Life Insurance for Seniors in Meridian
Data filtered by:Results filtered by:
gender:
gender:M
1Mutual of Omaha$9391
2Protective$10290
3Nationwide$8490
4Transamerica$7388
5Allstate$8388
6AAA$11688
7Prudential$8487
8State Farm$14185
9Haven$19082

Best Term Life Insurance for Smokers in Meridian, ID

How was this MoneyGeek score calculated?

For those seeking the best term life insurance for smokers in Meridian, Mutual of Omaha stands out with a MoneyGeek score of 90 for men and 89 for women. The average monthly premium for men is $56, while for women, it's about $51.

Smoking is a significant factor in determining life insurance premiums, as smokers pose a higher risk to insurers and are charged more. Mutual of Omaha's high scores indicate a strong combination of customer satisfaction, product diversity and financial stability, which are important for individuals who want reliable coverage despite the elevated risks associated with smoking.

Best Term Life Insurance for Smokers in Meridian
Data filtered by:Results filtered by:
gender:
gender:M
1Mutual of Omaha$5690
2Nationwide$5589
3Protective$8788
4AAA$6088
5Transamerica$4988
6Prudential$4488
7State Farm$7585
8Allstate$8085
9Haven$9782

Best Term Life Insurance for Young Adults in Meridian, ID

How was this MoneyGeek score calculated?

For those seeking the best term life insurance for young adults in Meridian, Protective stands out with a MoneyGeek score of 92 for men and women. Its average monthly premiums are $13 and $10, respectively.

Age plays a crucial role in determining life insurance premiums, with younger adults generally benefiting from lower rates. Protective's high MoneyGeek score reflects its strong customer satisfaction and financial stability, making it a reliable choice for young adults in Meridian.

Best Term Life Insurance for Young Adults in Meridian
Data filtered by:Results filtered by:
Sex:
Sex:M
1Protective$1392
2Mutual of Omaha$1690
3Nationwide$1590
4Allstate$1289
5AAA$1888
6Transamerica$1488
7State Farm$2785
8Prudential$2184
9Haven$2184
10Bestow$2983

Best Cheap Term Life Insurance in Meridian, ID

How was this MoneyGeek score calculated?

Protective offers the best cheap term life insurance in Meridian, with a MoneyGeek score of 91 for men and 92 for women. The average monthly premium is $21 for men and $18 for women. Protective's high MoneyGeek score reflects its affordability, strong customer satisfaction and financial stability.

Several factors affect life insurance premiums, including age, health, coverage amount and term length. To get the lowest premiums, maintain a healthy lifestyle, choose a suitable coverage amount and consider a longer term.

Best Cheap Term Life Insurance in Meridian
Data filtered by:Results filtered by:
Sex:
Sex:M
1Protective$2191
2Nationwide$2391
3Allstate$2091
4Transamerica$2190
5Mutual of Omaha$2590
6AAA$2887
7Prudential$3085
8State Farm$4082
9Haven$3681

Average Cost of Term Life Insurance in Meridian, ID

In Meridian, the average monthly premium for term life insurance is $30 for women and $40 for men. Several factors affect the cost of life insurance premiums, including age, health, lifestyle, occupation and the amount of coverage you choose.

The cost of life insurance in Meridian might be higher or lower than the rest of Idaho for several reasons. Local health statistics can impact premiums, as areas with higher rates of chronic diseases may see higher insurance costs. Economic factors, such as the average income level and cost of living, can also influence premiums. Additionally, the level of competition among insurance providers in Meridian might affect pricing.

Understanding these factors can help you make informed decisions about your life insurance needs and find the best policy for your situation.

FAQ About Life Insurance in Meridian, ID

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

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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