In Rhode Island, for men, GEICO is the best life insurance provider, with a MoneyGeek score of 96 and a monthly premium of $10. For women, Protective has a MoneyGeek score of 95, and a monthly premium of $8. Deciding on the right life insurance involves considering various factors, and while these companies have high scores, the best policy will depend on individual needs.
Best Life Insurance in Rhode Island (May 2024)
Updated: July 26, 2024
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BestLife InsuranceRhode IslandBest Life Insurance Companies in Rhode Island
Best Term Life Insurance in Rhode Island - Mutual of Omaha
Best Whole Life Insurance in Rhode Island - Nationwide
Best Universal Life Insurance in Rhode Island - Nationwide
Best No-Medical-Exam Life Insurance in Rhode Island - Nationwide
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 Rhode Island.
Coverage costs and company information for life insurance providers were updated in March 2024.
1,488Quotes Analyzed
14Companies Compared
50ZIP Codes
Best Life Insurance in Rhode Island: Summary
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Category:Best Life Insurance Overall
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Gender:M
| GEICO | Rank1 | MoneyGeek Score96 |
| Nationwide | Rank2 | MoneyGeek Score96 |
| Protective | Rank3 | MoneyGeek Score95 |
| Allstate | Rank4 | MoneyGeek Score94 |
| Mutual of Omaha | Rank5 | MoneyGeek Score94 |
Overall Best Life Insurance in Rhode Island
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the overall best life insurance companies in Rhode Island:
- Affordability: 30%
- Financial Stability: 25%
- Buying Process: 20%
- Customer Satisfaction: 15%
- Product Diversity: 10%
GEICO is the best life insurance provider in Rhode Island for men, earning a MoneyGeek score of 96 for men and offering a premium of $10 per month. For women, Protective leads with a MoneyGeek score of 95 and a monthly premium of $8.
The top three companies are:
- GEICO: MoneyGeek score of 96 out of 100 ($10 per month for women and men)
- Nationwide: MoneyGeek score of 96 out of 100 ($11 per month for women and men)
- Protective: MoneyGeek score of 95 out of 100 ($8 per month for women; $9 per month for men)
Overall Best for Men: GEICO
COMPANY HIGHLIGHTS
With a MoneyGeek score of 96, GEICO stands out as the best life insurance provider in Rhode Island for men, offering a monthly premium of approximately $10. Its high scores reflect superiority in customer satisfaction, affordability and financial stability.
Pros:
- Highly satisfied customers
- Highly affordable insurance options
- Solid financial stability
Cons:
- Limited product diversity
- Potentially complicated buying process
Overall Best for Women: Protective
COMPANY HIGHLIGHTS
Protective provides the best life insurance in Rhode Island for women, with an impressive MoneyGeek Score of 95. If offers an affordable monthly premium of just $8, striking a balance between cost and quality.
Pros:
- High marks in customer satisfaction
- Excellent affordability
- Solid financial stability
Cons:
- Limited product diversity
- Potentailly complicated buying process
Best Term Life Insurance in Rhode Island
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Rhode Island:
- Affordability: 30%
- Financial Stability: 25%
- Buying Process: 20%
- Customer Satisfaction: 15%
- Product Diversity: 10%
Costs are based on quotes gathered for a $250,000 life insurance policy with a 10-year term.
Mutual of Omaha is the company with the best term life insurance in Rhode Island for both men and women, with a MoneyGeek score of 95 for women and 96 for men. It offers a low monthly premium of $7 for women and $8 for men, making it an outstanding choice for comprehensive coverage.
The companies with the three highest MoneyGeek scores are:
- Mutual of Omaha: MoneyGeek score of 96 out of 100 ($7 per month for women; $8 per month for men)
- GEICO: MoneyGeek score of 95 out of 100 ($8 per month for women and men)
- Protective: MoneyGeek score of 95 out of 100 ($7 per month for women; $8 per month for men)
Best Term Life: Mutual of Omaha
COMPANY HIGHLIGHTS
Mutual of Omaha iks the best company for term life insurance in Rhode Island. With a MoneyGeek score of 96 and a monthly premium of $8, it offers value and stability in the life insurance market.
Pros:
- Outstanding customer satisfaction
- Competitive pricing
- Diverse product offerings
Best Whole Life Insurance in Rhode Island
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best whole life insurance companies in Rhode Island:
- Financial Stability: 35%
- Customer Satisfaction: 30%
- Buying Process: 15%
- Product Diversity: 20%
We did not weigh affordability as we did not collect whole life insurance quotes. The company below has the highest score among the companies that offer whole life insurance policies.
Nationwide provides the best whole life insurance in Rhode Island, with a MoneyGeek score of 98. Its commitment to customer satisfaction, affordability and company stability has made it the leading choice.
- Nationwide: MoneyGeek score of 98 out of 100
- Mutual of Omaha: MoneyGeek score of 96 out of 100
- GEICO: MoneyGeek score of 95 out of 100
Best Whole Life: Nationwide
COMPANY HIGHLIGHTS
Nationwide is the best choice for whole life insurancein Rhode Island. The company exemplifies excellence in customer service, affordability and product options.
Pros:
- High customer satisfaction
- Diverse product offerings
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.
Best Universal Life Insurance in Rhode Island
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best universal life insurance companies in Rhode Island:
- Financial Stability: 25%
- Customer Satisfaction: 25%
- Buying Process: 25%
- Product Diversity: 25%
We did not weigh affordability as we did not collect universal life insurance quotes. The company below has the highest score among the companies that offer universal life insurance policies.
Nationwide provides the best universal life insurance in Rhode Island. Earning a MoneyGeek score of 99, Nationwide sets a standard with its balance of quality service and financial assurance.
The companies with the three highest MoneyGeek scores are:
- Nationwide: MoneyGeek score of 99 out of 100
- Mutual of Omaha: MoneyGeek score of 97 out of 100
- GEICO: MoneyGeek score of 94 out of 100
Best Universal Life: Nationwide
COMPANY HIGHLIGHTS
Nationwide offers the best universal life insurance in Rhode Island. With a MoneyGeek score of 99, it represents an option grounded in customer satisfaction and financial strength.
Pros:
- High customer satisfaction ratings
- Wide range of product options
Best No-Medical-Exam Life Insurance in Rhode Island
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best no-medical-exam life insurance companies in Rhode Island:
- Financial Stability: 20%
- Customer Satisfaction: 25%
- Buying Process: 20%
- Product Diversity: 35%
We did not weigh affordability as we did not collect no medical life insurance quotes. The company below has the highest score among the companies that offer life insurance policies without mandatory medical exams.
Nationwide is the leading provider of the best no-medical-exam life insurance in Rhode Island, offering unparalleled service with a MoneyGeek score of 99.
The companies with the highest MoneyGeek scores are:
- Nationwide: MoneyGeek score of 99 out of 100
- Mutual of Omaha: MoneyGeek score of 97 out of 100
- AAA: MoneyGeek score of 94 out of 100
Best No-Medical-Exam: Nationwide
COMPANY HIGHLIGHTS
Nationwide offers the best no-medical-exam life insurance in Rhode Island. With a MoneyGeek score of 99, it provides a combination of reliable service and comprehensive options.
Pros:
- High customer satisfaction
- Wide variety of insurance products
- Efficient and user-friendly buying process
Best Term Life Insurance for Seniors in Rhode Island
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for seniors in Rhode Island:
- Affordability: 30%
- Financial Stability: 25%
- Buying Process: 20%
- Customer Satisfaction: 15%
- Product Diversity: 10%
The same weighting factors were applied as the term life insurance category; however, the persona for the quote was adjusted to reflect an age of 70 for a more accurate estimate.
Nationwide provides the best term life insurance for seniors in Rhode Island. With a MoneyGeek score of 97 for men and 96 for women, Nationwide stands out for its high customer satisfaction and a perfect process score, reflecting its commitment to customer experience. It offers monthly premiums at approximately $39 for men and $34 for women.
Best Term Life Insurance for Seniors in Rhode Island
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| Nationwide | Rank1 | Monthly Premium$39 | MoneyGeek Score97 |
| Mutual of Omaha | Rank2 | Monthly Premium$33 | MoneyGeek Score97 |
| GEICO | Rank3 | Monthly Premium$36 | MoneyGeek Score95 |
| Protective | Rank4 | Monthly Premium$36 | MoneyGeek Score94 |
| Allstate | Rank5 | Monthly Premium$31 | MoneyGeek Score94 |
Best Term Life Insurance for Smokers in Rhode Island
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Rhode Island for people who smoke:
- Affordability: 30%
- Financial Stability: 25%
- Buying Process: 20%
- Customer Satisfaction: 15%
- Product Diversity: 10%
The same weighting factors were applied as the term life insurance category; however, the persona for the quote was adjusted to reflect an active smoker for a more accurate estimate.
With a MoneyGeek Score of 97 and a monthly premium of $34, Mutual of Omaha provides the best term best term life insurance for smokersin Rhode Island for men. Women benefit most from Prudential, which has a MoneyGeek score of 95 and offers a monthly premium of $24. These companies' high scores come from their customer satisfaction, affordability, and financial stability.
Best Term Life Insurance for Smokers in Rhode Island
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Sex:M
| Mutual of Omaha | Rank1 | Monthly Premium$34 | MoneyGeek Score97 |
| GEICO | Rank2 | Monthly Premium$34 | MoneyGeek Score96 |
| Prudential | Rank3 | Monthly Premium$33 | MoneyGeek Score95 |
| Nationwide | Rank4 | Monthly Premium$47 | MoneyGeek Score95 |
| Transamerica | Rank5 | Monthly Premium$34 | MoneyGeek Score94 |
Best Term Life Insurance for Young Adults in Rhode Island
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Rhode Island for young adults:
- Affordability: 30%
- Financial Stability: 25%
- Buying Process: 20%
- Customer Satisfaction: 15%
- Product Diversity: 10%
The same weighting factors were applied as the term life insurance category; however, the persona for the quote was adjusted to reflect an age of 20 for a more accurate estimate.
Nationwide provides the best term life insurance for young adults in Rhode Island. With a MoneyGeek core of 98 regardless of gender, and average monthly premiums of $6 for women and $7 for men, Nationwide offers an exceptional balance of affordability, customer satisfaction and stability.
Best Term Life Insurance for Young Adults in Rhode Island
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Sex:M
| Nationwide | Rank1 | Monthly Premium$7 | MoneyGeek Score98 |
| Mutual of Omaha | Rank2 | Monthly Premium$5 | MoneyGeek Score97 |
| GEICO | Rank3 | Monthly Premium$5 | MoneyGeek Score96 |
| Protective | Rank4 | Monthly Premium$5 | MoneyGeek Score95 |
| AAA | Rank5 | Monthly Premium$6 | MoneyGeek Score95 |
Best Cheap Term Life Insurance in Rhode Island
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best cheap term life insurance companies in Rhode Island:
- Affordability: 50%
- Financial Stability: 15%
- Buying Process: 20%
- Customer Satisfaction: 5%
- Product Diversity: 10%
The same weighting factors were applied as the term life insurance category; however, the quote was adjusted to reflect a 10-year term with minimum coverage.
Allstate provides the best cheap term life insurance in Rhode Island, boasting an impressive MoneyGeek score of 97 with a monthly premium of $7. The outstanding MoneyGeek score is due to Allstate’s reliability and affordable offerings, showing its commitment to providing excellent value to consumers.
Best Cheap Term Life Insurance in Rhode Island
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Gender:
Gender:M
| Allstate | Monthly Premium$7 | MoneyGeek Score97 |
| Mutual of Omaha | Monthly Premium$8 | MoneyGeek Score96 |
| Protective | Monthly Premium$8 | MoneyGeek Score94 |
| GEICO | Monthly Premium$8 | MoneyGeek Score94 |
| Transamerica | Monthly Premium$9 | MoneyGeek Score93 |
Average Cost of Term Life Insurance in Rhode Island
The average cost of life insurance in Rhode Island is, monthly, $37 for women and $45 for men. Factors influencing the average cost of life insurance include age, health status, occupation and lifestyle choices. Gender also plays a role, with men typically paying higher premiums.
FAQ: Life Insurance in Rhode Island
What is the best life insurance in Rhode Island for men?
The best life insurance in Rhode Island for men is offered by GEICO.
How much is life insurance in Rhode Island for men?
Life insurance premiums in Rhode Island for men can vary based on age, health and coverage amount. Factors like smoking status and lifestyle also influence the cost. The best policy by GEICO has a monthly premium of $10.
What is the best life insurance in Rhode Island for women?
The best life insurance in Rhode Island for women is offered by Protective.
How much is life insurance in Rhode Island for women?
Life insurance premiums in Rhode Island for women are influenced by factors such as age, health and coverage amount. Protective provides the best life insurance at an average monthly premium of $8.
About Mark Fitzpatrick
Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.
Mark 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 economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.