Overall, GEICO offers the best life insurance in Rhode Island and across the country, earning a MoneyGeek score of 98 out of 100 for customer service, affordability, and coverage options. We also recommend Haven, Nationwide, Mutual of Omaha, and Protective as affordable alternatives.
Best Life Insurance Companies in Rhode Island (June 2025)
GEICO is the top life insurance provider in Rhode Island, with a MoneyGeek score of 98 out of 100.
Discover affordable life insurance in Rhode Island below.

Updated: June 17, 2025
Advertising & Editorial Disclosure
Key Takeaways
Though life insurance costs don’t vary by location, the best choices for coverage in Rhode Island are GEICO, Haven, Nationwide, Mutual of Omaha, and Protective.
GEICO delivers the cheapest life insurance options in Rhode Island and nationwide, with monthly rates beginning at $2.
To get the best life insurance in Rhode Island, we recommend deciding on coverage beforehand, researching costs and companies, and comparing plenty of providers.
Best Life Insurance Providers in Rhode Island
GEICO | 98 | $2 |
Haven | 97 | $3 |
Nationwide | 97 | $2 |
Mutual of Omaha | 96 | $2 |
Protective | 95 | $2 |
*Rates presented are for coverage levels between $250-$500K for a 20 year term life insurance plan for a 40-year-old man in good health who does not smoke.
Best Life Insurance in Rhode Island by Category
Although the top life insurance company in Rhode Island is a strong choice for most residents, your ideal match might differ based on your personal profile. Below, we’ve broken down the best options for various types of buyers.
Young Adults | Progressive | $2 |
Seniors | GEICO | $21 |
Smokers | Progressive | $10 |
High Coverage | Farmers | $17 |
Compare Personalized Best Rhode Island Life Insurance Picks
To help you find life insurance that fits your needs, we've included a filterable table below, making it easy to see options tailored to your profile.
GEICO | 98 | $4 |
Nationwide | 97 | $5 |
Haven | 97 | $9 |
Mutual of Omaha | 96 | $4 |
Protective | 95 | $7 |
Prudential | 94 | $5 |
AAA | 92 | $5 |
Allstate | 92 | $6 |
Transamerica | 90 | $4 |
Rates in this table differ from the main comparison due to the broader age range (41 to 50 vs. 40) and flexible term selection rather than a fixed 20-year term.
How to Find the Best Life Insurance in Rhode Island
Below, we've outlined some practical tips to help you find the ideal life insurance in Rhode Island.
- 1
Decide coverage beforehand
Determining how much life insurance you need is essential before purchasing. This preparation ensures you can compare prices fairly and prevents being oversold by agents.
- 2
Research costs for your profile
Investigate average life insurance costs tailored to your coverage needs and personal circumstances. This research helps confirm if a deal is competitive.
- 3
Compare company reputations
While rates don't usually vary by state, knowing a company’s local reputation aids in finding a suitable provider. Use resources like J.D. Power, online forums, and independent agents to evaluate providers.
- 4
Compare quotes through multiple avenues
Comparing life insurance quotes from various companies ensures you get the best value. Pricing can differ based on whether you use an independent agent, an online source, or a captive provider agent.
Best Life Insurance in Rhode Island: Bottom Line
In Rhode Island, the top three life insurance companies, according to MoneyGeek's analysis, are GEICO, Haven and Nationwide. You should also assess your personal coverage needs and compare quotes to secure the most affordable and suitable life insurance policy.
Rhode Island Life Insurance: FAQ
Explore expert answers to your common life insurance questions in Rhode Island.
What is the best life insurance in Rhode Island?
In Rhode Island, GEICO is the top choice for life insurance, renowned for exceptional service nationwide, competitive rates, and robust term life options.
How do you get the best life insurance in Rhode Island?
To secure the best life insurance in Rhode Island, start by setting your coverage needs, then compare policies and premiums from reputable insurers for informed decision-making.
Do life insurance rates differ by state?
No, life insurance rates are consistent across states, although specific policy features and riders may differ due to regional regulations.
How We Decided the Best Life Insurance in Rhode Island
MoneyGeek created a scoring system to compare life insurance companies across five categories and ranked them based on their scores. We selected companies to review based on their broad national coverage and ability to provide an online quote.
MoneyGeek's Scoring System
In our unique scoring system, companies can earn up to five points in each of five categories. We then use these category scores to calculate an overall MoneyGeek score out of 100. We applied the following base weightings to score insurers:
- Affordability: 60%
- Financial Stability: 5%
- Buying Process: 5%
- Customer Satisfaction: 20%
- Product Diversity: 10%
Each company's score incorporates:
- Cost data obtained through online quotes
- Financial strength ratings from AM Best and the number of years in business
- Customer satisfaction data from the National Association of Insurance Commissioners (NAIC) customer complaint index (we reviewed annual complaint data from 2020 to 2022, the most recent year available)
- Availability of tools to aid in the buying process, such as online product materials and multiple payment options
- Diversity of life insurance products offered
Sample Customer Profile
MoneyGeek used a standard profile to obtain life insurance quotes in Rhode Island:
- 40-year-old nonsmoker
- Average height and healthy weight
- Excellent health rating
We modified the profile by age, gender, height, weight, tobacco use, health rating and geographic location to collect a variety of quotes and determine the best life insurance company for several types of customers. We collected quotes for term life insurance with varying term lengths and coverage amounts, as well.
When necessary, we identified trends in the dataset and used those patterns to calculate projections and extend the data beyond what was originally collected.
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.