Best Life Insurance in Oakland, CA (September 2024)

Protective is the best life insurance provider in Oakland, California for men and women. The MoneyGeek score for men is 92, with a monthly premium of $32. For women, the MoneyGeek score is 91, with a monthly premium of $34.

Different factors should be considered when deciding on life insurance. 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.

Protective is the best life insurance company in Oakland for men and women, with a MoneyGeek score of 92 out of 100 for men and 91 out of 100 for women. The monthly premium is $32 for men and $34 for women.

The top providers for men are:

• Protective: MoneyGeek score of 92 out of 100 at $32 per month for men
• Mutual of Omaha: MoneyGeek score of 89 out of 100 at $39 per month for men

The top providers for women are:

• Protective: MoneyGeek score of 91 out of 100 at $34 per month for women
• Mutual of Omaha: MoneyGeek score of 89 out of 100 at $41 per month for women

Protective is the best choice for the average person looking to purchase life insurance in Oakland due to its high MoneyGeek scores and competitive monthly premiums. The company's strong financial stability and customer satisfaction make it a reliable option for men and women.

In Oakland, Protective provides the best term life insurance for men and women, with a MoneyGeek score of 92 and monthly premiums of $16 for men and $18 for women. This company provides a balance of affordability, customer satisfaction and financial stability, making it a top choice for individuals seeking reliable term life insurance coverage.

The top providers for men are:

• Protective: MoneyGeek score of 92 out of 100 at $16 per month for men
• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $20 per month for men

The top providers for women are:

• Protective: MoneyGeek score of 92 out of 100 at $18 per month for women
• Mutual of Omaha: MoneyGeek score of 89 out of 100 at $24 per month for women

Term life insurance is a straightforward insurance product that offers protection for a specific period. For example, a parent might choose term insurance to ensure that their child's education expenses are covered in the event of an untimely death. This type of insurance is often selected for its simplicity and defined coverage period.

Protective stands out as the provider of the best whole life insurance in Oakland, with a MoneyGeek score of 92 for men and women.

Protective offers a dependable choice for individuals seeking a reliable insurance policy that combines long-term coverage with financial stability. Whole life insurance from Protective can be a smart investment for Oakland residents, providing lifelong protection and the potential to build cash value over time.

The top providers for men are:

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

The top providers for women are:

• 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 permanent policy designed to last the insured's entire lifetime, offering a fixed premium and a death benefit. For example, someone might choose whole life insurance to ensure their family's financial security or to leave a legacy.

Protective provides the best universal life insurance in Oakland for men and women, with a MoneyGeek score of 91. This score indicates a strong combination of affordability, customer satisfaction and financial stability, making Protective a solid choice for the average individual seeking a reliable universal life insurance policy.

The top providers for men are:

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

The top providers for women are:

• 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 be appealing for those who anticipate changes in their financial situation over time. For instance, someone might prefer universal life insurance if they want the option to adjust their coverage as their family grows or their debts decrease.

Protective provides the best life insurance with no mandatory medical exam in Oakland for men and women, with a MoneyGeek score of 91. This score indicates that Protective excels in affordability, customer satisfaction and financial stability, which are key considerations for the average individual seeking life insurance without the hassle of a medical exam.

The top providers for men are:

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

The top providers for women are:

• 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 allows individuals to obtain coverage more quickly and with less effort than traditional policies, which often require a medical exam. For instance, someone with a busy schedule or a non-traditional work life might opt for this insurance to secure coverage without the need for a doctor's visit.

For older men in Oakland seeking the best term life insurance for seniors in Oakland, Mutual of Omaha leads with a MoneyGeek score of 91 and an average monthly premium of $73. For women, Protective is at the top, earning a MoneyGeek score of 92 and a $67 average monthly premium.

Age impacts life insurance premiums because insurers weigh the increased health risks that come with age. Mutual of Omaha and Protective stand out due to their strong performance across affordability for seniors, customer satisfaction, buying process, financial stability and product diversity.

The best term life insurance for smokers in Oakland is provided by Mutual of Omaha, with the highest MoneyGeek score of 91 for men and 89 for women. The monthly premium is approximately $82 for men and $103 for women.

Smoking is a significant factor in determining life insurance premiums due to the health risks it poses. Insurers consider smokers to be higher risk, which often results in higher premiums. Mutual of Omaha achieves its top ranking by excelling in customer satisfaction, affordability, financial stability and product diversity.

For young adults in Oakland, 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 Oakland, Protective tops the list for men and women with a MoneyGeek score of 92. The monthly premium is $16 for men and $18 for women.

Factors affecting life insurance 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 higher coverage amount.

Protective scores high due to its affordability, customer satisfaction, and financial stability. These factors make it a strong choice for anyone seeking the best cheap term life insurance in Oakland.

The average monthly premium for term life insurance in Oakland, California, is $29 for women and $33 for men. Knowing these rates can help consumers make informed decisions when purchasing life insurance.

Several factors affect the cost of life insurance premiums, including age, health, lifestyle and occupation. Insurance companies assess these factors to determine the risk associated with insuring an individual.

The cost of life insurance in Oakland might be different from other parts of California due to various reasons. Local economic conditions, health statistics and lifestyle trends can all influence insurance premiums. For instance, if Oakland has higher health care costs or a higher incidence of certain health conditions, premiums might be higher. Conversely, lower living costs or healthier lifestyle trends could result in lower premiums.