Best Life Insurance in San Mateo, CA (September 2024)


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Updated: October 15, 2024

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Protective is the best life insurance provider in San Mateo, California, with a MoneyGeek score of 92 for men and 91 for women. The average monthly premiums are $53 and $44, respectively. These scores and premium costs are based on a 20-year term policy with $500,000 coverage.

When deciding on life insurance, consider factors such as policy type, coverage amount and term length. 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 San Mateo, California.

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Coverage costs and company information for life insurance providers were updated in September 2024.

1,488Quotes Analyzed
 
14Companies Compared
 
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MoneyGeek Logo IconBestLife InsuranceSan Mateo, CA
2024

Best Life Insurance Companies in San Mateo

Overall Best Life Insurance in San Mateo, CA

How was this MoneyGeek score calculated?

In San Mateo, the best life insurance provider is Protective, with a MoneyGeek score of 92 for men and 91 for women. The average monthly premium is $53 and $44, respectively.

Top providers for men:

  • Protective: MoneyGeek score of 92 out of 100 at $53 per month for men
  • Mutual of Omaha: MoneyGeek score of 89 out of 100 at $64 per month for men

Top providers for women:

  • Protective: MoneyGeek score of 91 out of 100 at $44 per month for women
  • Mutual of Omaha: MoneyGeek score of 89 out of 100 at $55 per month for women

Protective stands out due to its high MoneyGeek scores and competitive monthly premiums. Its strong customer satisfaction and financial stability scores also contribute to its top ranking. These attributes make it the best option for the average individual looking to purchase life insurance in San Mateo.

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MoneyGeek Top Pick
Protective

Protective is the premier choice for life insurance in San Mateo, with a MoneyGeek score of 92 for men and 91 for women. The company combines high customer satisfaction with affordable monthly premiums of around $53 for men and $44 for women. Clients can trust in its financial stability and value for money.

Pros:

  • High customer satisfaction
  • Notable affordability
  • Solid financial stability

Cons:

  • Buying process could be smoother
  • More product variety desired

Best Term Life Insurance in San Mateo, CA

How was this MoneyGeek score calculated?

Protective provides the best term life insurance in San Mateo, with a MoneyGeek score of 92 for men and women. Men can secure a policy at approximately $27 per month, while women pay about $24 per month. With top scores in affordability, customer satisfaction and financial stability, Protective offers reliable coverage without breaking the bank.

The top two term life insurance companies for men are:

  • Protective: MoneyGeek score of 67 out of 100 at $27 per month for men
  • Mutual of Omaha: MoneyGeek score of 60 out of 100 at $32 per month for men

For women, the top two are:

  • Protective: MoneyGeek score of 66 out of 100 at $24 per month for women
  • Mutual of Omaha: MoneyGeek score of 55 out of 100 at $32 per month for women

Term life insurance is a policy that provides coverage for a specific period, typically 10, 20 or 30 years. It's a cost-effective solution for those who need coverage to protect their loved ones during crucial years, such as while paying off a mortgage or raising children.

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MoneyGeek Top Pick
Protective

Protective is the best term life insurance provider in San Mateo for men and women, with a MoneyGeek score of 92 for both. It offers a blend of value and reliability at an average monthly premium of $27 for men and $24 for women.

Pros:

  • High customer satisfaction
  • Strong affordability
  • Solid financial stability

Cons:

  • Buying process could improve

Best Whole Life Insurance in San Mateo, CA

How was this MoneyGeek score calculated?

Protective provides the best whole life insurance in San Mateo, with a MoneyGeek score of 92 for men and women. This score indicates Protective's strong combination of affordability, customer satisfaction and financial stability, making it a solid choice for individuals seeking a reliable insurance policy.

Top whole life companies for men in San Mateo:

  • 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 San Mateo:

  • 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 that provides coverage for the policyholder's entire lifetime. Unlike term life insurance, which covers a specific period, whole life insurance also includes an investment component, known as cash value, which grows over time. This can be particularly beneficial for individuals who want to ensure lifelong coverage and potentially build wealth that can be borrowed against or withdrawn. For example, someone might choose whole life insurance to provide for their family's future, regardless of when they pass away, while accumulating a cash reserve for future needs or opportunities.

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MoneyGeek Top Pick
Protective

Protective is the premier choice for whole life insurance in San Mateo, with a MoneyGeek score of 92 for men and women. Its commitment to customer satisfaction and financial stability makes it a reliable partner in securing your future.

Pros:

  • High customer approval
  • Strong financial foundation
  • Competitive pricing

Cons:

  • Limited product options
  • Buying process complexity

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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Best Universal Life Insurance in San Mateo, CA

How was this MoneyGeek score calculated?

In San Mateo, Protective provides the best universal life insurance for men and women, with a MoneyGeek score of 91 for each. This score reflects the company's strong performance across various metrics, including affordability and customer satisfaction, making Protective an excellent choice for individuals seeking a reliable and comprehensive insurance policy.

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 a customizable insurance solution. For instance, someone anticipating fluctuating income over time might choose universal life insurance to adjust their premium payments accordingly.

mglogo
MoneyGeek Top Pick
Protective

Protective is the premier choice for universal life insurance in San Mateo, with a MoneyGeek score of 91 for men and women. The company's commitment to customer satisfaction and affordability positions it as a reliable option for life insurance seekers.

Pros:

  • High customer satisfaction
  • Strong affordability
  • Solid financial stability

Cons:

  • Buying process could improve
  • Diverse products needed

Best No-Medical-Exam Life Insurance in San Mateo, CA

How was this MoneyGeek score calculated?

Protective is the best no-medical-exam life insurance provider in San Mateo for men and women, with a MoneyGeek score of 91 for each. This score reflects a balance of affordability, customer satisfaction and financial stability, making Protective an optimal choice for the average individual seeking life insurance 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

Life insurance without a required medical exam allows individuals to obtain coverage without undergoing a physical examination. For instance, someone with a busy lifestyle or a pre-existing condition might prefer this insurance option for its convenience and accessibility.

mglogo
MoneyGeek Top Pick
Protective

Protective is the premier choice for life insurance with no mandatory medical exam in San Mateo. It has a MoneyGeek score of 91 for men and women. This company's commitment to customer satisfaction, affordability and financial stability makes it a reliable option for those seeking life insurance without the hassle of a medical exam.

Pros:

  • High customer satisfaction
  • Excellent affordability
  • Strong financial stability

Cons:

  • Buying process could improve

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Best Term Life Insurance for Seniors in San Mateo, CA

How was this MoneyGeek score calculated?

Protective provides the best term life insurance for seniors in San Mateo, with a MoneyGeek score of 91 for men and 90 for women. The average monthly premiums are $127 and $113, respectively.

Age significantly impacts life insurance premiums, with costs typically increasing due to the higher risk of health issues. Protective's high MoneyGeek scores reflect its excellence in customer satisfaction, a smooth buying process and financial stability, which are pivotal for seniors seeking reliable and affordable coverage.

Best Term Life Insurance for Seniors in San Mateo
Data filtered by:Results filtered by:
gender:
gender:M
1CompanyProtectivePremium$127MG Score out of 10091
2CompanyMutual of OmahaPremium$142MG Score out of 10091
3CompanyNationwidePremium$120MG Score out of 10090
4CompanyAllstatePremium$115MG Score out of 10089
5CompanyTransamericaPremium$116MG Score out of 10088
6CompanyAAAPremium$159MG Score out of 10088
7CompanyPrudentialPremium$122MG Score out of 10087
8CompanyState FarmPremium$186MG Score out of 10086
9CompanyHavenPremium$250MG Score out of 10082

Best Term Life Insurance for Smokers in San Mateo, CA

How was this MoneyGeek score calculated?

For those seeking the best term life insurance for smokers in San Mateo, Mutual of Omaha stands out for men and women. For men, it has a MoneyGeek score of 90 and an average monthly premium of $136. For women, it has a MoneyGeek score of 89 and an average monthly premium of $135.

Smoking is a key factor in life insurance premiums due to the higher health risks it poses. A high MoneyGeek score reflects customer satisfaction, affordability, and financial stability, making Mutual of Omaha a leading choice for smokers. Choosing a company with a strong score is important for those who want assurance of quality service and comprehensive coverage.

Best Term Life Insurance for Smokers in San Mateo
Data filtered by:Results filtered by:
gender:
gender:M
1CompanyMutual of OmahaPremium$136MG Score out of 10090
2CompanyNationwidePremium$131MG Score out of 10089
3CompanyAAAPremium$142MG Score out of 10088
4CompanyPrudentialPremium$107MG Score out of 10088
5CompanyTransamericaPremium$126MG Score out of 10087
6CompanyProtectivePremium$222MG Score out of 10087
7CompanyHavenPremium$136MG Score out of 10086
8CompanyState FarmPremium$192MG Score out of 10084
9CompanyAllstatePremium$188MG Score out of 10084

Best Term Life Insurance for Young Adults in San Mateo, CA

How was this MoneyGeek score calculated?

Protective is the top term life insurance provider for young adults in San Mateo. It has a MoneyGeek score of 92 for men and women. It offers average monthly premiums of $16 for men and $15 for women. 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.

Best Term Life Insurance for Young Adults in San Mateo
Data filtered by:Results filtered by:
Sex:
Sex:M
1CompanyProtectivePremium$16MG Score out of 10092
2CompanyMutual of OmahaPremium$20MG Score out of 10091
3CompanyNationwidePremium$19MG Score out of 10090
4CompanyAllstatePremium$16MG Score out of 10089
5CompanyTransamericaPremium$16MG Score out of 10088
6CompanyAAAPremium$22MG Score out of 10088
7CompanyPrudentialPremium$24MG Score out of 10085
8CompanyState FarmPremium$29MG Score out of 10085
9CompanyHavenPremium$26MG Score out of 10084
10CompanyBestowPremium$35MG Score out of 10083

Best Cheap Term Life Insurance in San Mateo, CA

How was this MoneyGeek score calculated?

For those seeking the best cheap term life insurance in San Mateo, Protective stands out with a MoneyGeek score of 92 for men and women. Its average monthly premiums are $27 for men and $24 for women. Protective's high MoneyGeek score is attributed to its excellent customer satisfaction, financial stability and product diversity. These features make it a top choice for anyone looking for the best cheap term life insurance in San Mateo.

The cost of life insurance premiums depends on various factors such as age, health, coverage amount and term length. To get the lowest premiums, you should maintain excellent health, avoid tobacco and choose a suitable coverage amount and term length.

Best Cheap Term Life Insurance in San Mateo
Data filtered by:Results filtered by:
Sex:
Sex:M
1CompanyProtectivePremium$27MG Score out of 10092
2CompanyAllstatePremium$27MG Score out of 10091
3CompanyNationwidePremium$31MG Score out of 10091
4CompanyTransamericaPremium$27MG Score out of 10091
5CompanyMutual of OmahaPremium$32MG Score out of 10089
6CompanyAAAPremium$36MG Score out of 10087
7CompanyPrudentialPremium$36MG Score out of 10085
8CompanyState FarmPremium$46MG Score out of 10082
9CompanyHavenPremium$45MG Score out of 10082

Average Cost of Term Life Insurance in San Mateo, CA

The average monthly premium for term life insurance in San Mateo, California, is $41 for women and $50 for men.

Several factors influence the cost of life insurance premiums. These include age, health, lifestyle, occupation and the coverage amount. These factors can significantly impact how much you might pay for life insurance.

The cost of life insurance in San Mateo may differ from other regions in California due to various reasons. The local cost of living can affect premiums, as higher living costs can lead to higher insurance rates. The quality of health care and regional risk factors, such as environmental risks or crime rates, can also play a role in determining insurance costs.

Understanding these factors can help you make informed decisions about your life insurance needs, ensuring you get the coverage that best suits your circumstances.

FAQ About Life Insurance in San Mateo, CA

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

About Mark Fitzpatrick


Mark Fitzpatrick headshot

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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