Best Life Insurance in Newport News, VA (August 2024)

Protective is the best life insurance company in Newport News for both men and women. The MoneyGeek score for men is 92 out of 100, with an average monthly premium of $25 and for women, the MoneyGeek score is 92, with an average premium of $20 per month.

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.

In Newport News, Protective offers the best life insurance for both men and women with a MoneyGeek score of 92 out of 100 and an average monthly premium of $25 for men and $20 for women. This makes Protective a top choice for residents seeking reliable coverage and value.

Top providers for men:

• Protective: MoneyGeek score of 92 out of 100 at $25 per month for men
• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $28 per month for men

Top providers for women:

• Protective: MoneyGeek score of 92 out of 100 at $20 per month for women
• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $22 per month for women

Protective stands out for its high MoneyGeek score and competitive premiums. It offers excellent customer satisfaction and a solid financial stability score.

The Protective company stands out as the provider of the best term life insurance in Newport News for both men and women, with a MoneyGeek score of 92 and an average monthly premium of $12 for men, and a score of 92 and a premium of $10 for women. Protective's leading scores reflect its strong customer satisfaction and financial stability.

The top two term life insurance companies for men are:

• Protective: MoneyGeek score of 92 at $12 per month for men
• Nationwide: MoneyGeek score of 91 at $15 per month for men

For women, the top two are:

• Protective: MoneyGeek score of 92 at $10 per month for women
• Nationwide: MoneyGeek score of 91 at $13 per month for women

Term life insurance is a straightforward policy that provides coverage for a specified period. For example, someone might choose term insurance over permanent policies to ensure financial protection during their child-raising years or while paying off a mortgage.

Protective stands out as the best whole life insurance provider in Newport News, with a MoneyGeek score of 92 for both men and women. This score indicates that Protective offers a robust combination of affordability, customer satisfaction, financial stability and product diversity.

Top whole life companies for men in Newport News:

• 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 Newport News:

• 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 provides coverage for the insured's entire lifetime, as long as premiums are paid. It can be an attractive option for those seeking a guaranteed death benefit, fixed premiums, and a savings component that grows over time.

In Newport News, Protective is the provider with the best universal life insurance for both men and women, having a MoneyGeek score of 91. This high score reflects the company's commitment to 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 flexible premiums and the potential for cash value accumulation, making it a versatile option for long-term financial planning. For instance, someone interested in estate planning or retirement income might find universal life insurance more suitable than term life insurance.

The Protective insurance company stands out as the premier provider of the best no-medical- exam life insurance in Newport News for both men and women, boasting a MoneyGeek score of 91. Protective is an excellent choice for the average individual seeking reliable life insurance 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

No-medical-exam life insurance offers the convenience of securing life insurance without undergoing a medical examination, which can be a significant advantage for those with health concerns or a need for quick coverage. For example, an individual with a chronic health issue might choose no-medical-exam insurance to avoid the possibility of being denied coverage.

In Newport News, Protective offers the best term life insurance for seniors with a MoneyGeek Score of 92 for men and 91 for women. The average monthly premiums are $54 for men and $46 for women, providing a balance of value and security.

Age significantly influences life insurance premiums, as older individuals typically face higher costs due to increased risk. Protective's high MoneyGeek score is indicative of its competitive premiums, robust customer satisfaction and financial stability.

For smokers in Newport News seeking term life insurance, Mutual of Omaha stands out with a MoneyGeek score of 90 for men and 88 for women, and average monthly premiums of $60 and $55, respectively. Smoking is a significant factor in life insurance because it increases health risks, often leading to higher premiums.

Mutual of Omaha's top ranking reflects its commitment to customer satisfaction, affordability, financial stability and a diverse range of products. These attributes are crucial for individuals looking for the best term life insurance for smokers, as they ensure a balance between cost and quality coverage.

For young adults in San Antonio, Protective is the winner. It earns a MoneyGeek score of 92 and offers average monthly premiums of $10 for women and $11 for men. Protective's high MoneyGeek score is attributed to its affordability, customer satisfaction and financial stability.

Age plays a crucial role in determining life insurance premiums, with younger adults typically benefiting from lower costs. Choosing the best term life insurance for young adults is essential for securing financial protection at a reasonable cost.

If you're looking for the best cheap term life insurance in Newport News, Protective stands out for both men and women with a MoneyGeek score of 92 and average monthly premiums of $10 for women and $12 for men.

Factors affecting the cost of premiums include age, health, coverage amount and term length. To get the lowest premiums, maintain excellent health, choose a shorter term length and opt for a lower coverage amount.

The average monthly premium for term life insurance in Newport News is $18 for women and $24 for men. Many factors affect the cost of life insurance premiums. These include age, health, lifestyle and occupation. For instance, younger individuals or those in good health typically pay lower premiums. Conversely, risky occupations or lifestyles can lead to higher costs.

The cost of life insurance in Newport News might be higher or lower compared to the rest of Virginia due to several reasons. Local economic conditions, access to health care and regional risk factors all play a role.

Understanding these factors can help you make informed decisions about purchasing life insurance. By considering your personal circumstances and the local context, you can find a policy that meets your needs and budget.