In Tennessee, for men, the top life insurance provider is Nationwide with a MoneyGeek score of 97 and a monthly premium of $18. For women, GEICO leads with a MoneyGeek score of 96 and a premium of $14 per month. Choosing the right policy goes beyond just the scores — consider company stability, purchasing process, and product diversity.
Best Life Insurance in Tennessee (November 2024)
The best life insurance companies in Tennessee are GEICO for women and Nationwide for men. They earned MoneyGeek scores of 96 and 97, respectively.
Updated: December 6, 2024
Advertising & Editorial Disclosure
Best Life Insurance Companies in Tennessee
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 Tennessee.
Coverage costs and company information for life insurance providers were updated in March 2024.
Best Life Insurance in Tennessee: Summary
- Best Whole Life Insurance
- Best Universal Life Insurance
- Best Cheap Life Insurance
- Best Life Insurance Overall
- Best Term Life Insurance
- Best Term Life Insurance for Smokers
- Best Term Life Insurance for Young Adults
- Best Term Life Insurance for Seniors
- Best No Medical Exam Life Insurance
- F
- M
Nationwide | 1 | 97 |
GEICO | 2 | 97 |
Mutual of Omaha | 3 | 95 |
Protective | 4 | 94 |
State Farm | 5 | 93 |
Haven | 6 | 92 |
Transamerica | 7 | 92 |
Prudential | 8 | 91 |
Allstate | 9 | 90 |
AAA | 10 | 89 |
Overall Best Life Insurance in Tennessee
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the overall best life insurance companies in Tennessee:
- Affordability: 30%
- Financial Stability: 25%
- Buying Process: 20%
- Customer Satisfaction: 15%
- Product Diversity: 10%
Nationwide is the best life insurance provider in Tennessee for men, with a MoneyGeek score of 97 and a monthly premium of $18. For women, GEICO leads with a MoneyGeek score of 96 and a monthly premium of $14. These companies financial stability, customer satisfaction and affordability.
The life insurance providers with the highest MoneyGeek scores are:
- Nationwide: MoneyGeek score of 97 out of 100 ($17 per month for men; $18 per month for men)
- GEICO: MoneyGeek score of 97 out of 100 ($14 per month for women and men)
- Protective: MoneyGeek score of 96 out of 100 ($18 per month for men; $13 per month for women)
Overall Best for Men: Nationwide
COMPANY HIGHLIGHTS
For men in Tennessee, Nationwide is the best life insurance company. With a MoneyGeek score of 97, Nationwide ensures robust coverage at a competitive monthly premium of $18.
Pros:
- High customer satisfaction
- Competitive pricing
- Diverse range of insurance products
Overall Best for Women: GEICO
COMPANY HIGHLIGHTS
With a MoneyGeek score of 96, GEICO offers outstanding life insurance in Tennessee for women. Women seeking the best balance of cost and quality will find GEICO's monthly premium of $14 an appealing choice.
Pros:
- High customer satisfaction
- Excellent affordability
- Strong financial stability
Cons:
- Limited product diversity
Best Term Life Insurance in Tennessee
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Tennessee:
- 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.
Nationwide provides the best term life insurance in Tennessee for both men and women, with a MoneyGeek score of 97 regardless of gender and a monthly premium of $14 for men and $13 for women.
The companies with the highest MoneyGeek scores are:
- Nationwide: MoneyGeek score of 97 out of 100 ($13 per month for women; $14 per month for men)
- GEICO: MoneyGeek score of 97 out of 100 ($10 per month for women and men)
- Mutual of Omaha: MoneyGeek score of 96 out of 100 ($11 per month for women; $13 per month for men)
Best Term Life: Nationwide
COMPANY HIGHLIGHTS
Nationwide emerges as the premier choice for the best term life insurance in Tennessee. With an overall MoneyGeek Score of 97, the company stands out for its excellent balance of quality service and affordability, at a cost of approximately $13 monthly.
Pros:
- High customer satisfaction
- Good affordability
- Diverse product offerings
Best Whole Life Insurance in Tennessee
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best whole life insurance companies in Tennessee :
- 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.
State Farm provides best whole life insurance in Tennessee, garnering a MoneyGeek score of 99. State Farm leads the scores for reliability and satisfaction.
The companies with the highest scores are:
- State Farm: MoneyGeek score of 99 out of 100
- Nationwide: MoneyGeek score of 98 out of 100
- Mutual of Omaha: MoneyGeek score of 96 out of 100
Best Whole Life: State Farm
COMPANY HIGHLIGHTS
State Farm is the preeminent choice for whole life insurance in Tennessee, with a MoneyGeek score of 99.
Pros:
- High customer satisfaction
- Diverse product offerings
- Stable financial foundation
Cons:
- Potentially complex application process
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 Tennessee
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best universal life insurance companies in Tennessee:
- 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 emerges as the best universal life insurance in Tennessee for both men and women with a MoneyGeek score of 99. Its dedication to customer satisfaction and affordability ensures customers receive the comprehensive coverage they deserve.
The companies with the highest MoneyGeek scores are:
- Nationwide: MoneyGeek score of 99 out of 100
- State Farm: MoneyGeek score of 98 out of 100
- Mutual of Omaha: MoneyGeek score of 97 out of 100
Best Universal Life: Nationwide
COMPANY HIGHLIGHTS
Nationwide offers the best universal life insurance in Tennessee, offering a blend of affordable premiums and exceptional customer service. With a MoneyGeek score of 99, Nationwide is the top choice for people seeking reliable and varied life insurance products.
Pros:
- High customer service satisfaction
- Wide variety of products offered
Best No-Medical-Exam Life Insurance in Tennessee
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best no-medical-exam life insurance companies in Tennessee:
- 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 top provider of the best no-medical-exam life insurance in Tennessee, with a MoneyGeek score of 99.
Here are the companies with the three highest MoneyGeek scores:
- Nationwide: MoneyGeek score of 99 out of 100
- State Farm: MoneyGeek score of 99 out of 100
- Mutual of Omaha: MoneyGeek score of 97 out of 100
Best No-Medical-Exam: Nationwide
COMPANY HIGHLIGHTS
Nationwide provides the best no-medical-exam life insurance in Tennessee. With an impressive MoneyGeek Score of 99, Nationwide ensures coverage without the need for medical examinations.
Pros:
- High customer satisfaction
- Diverse product offerings
Recommended Life Insurance Coverage Amount:
Best Term Life Insurance for Seniors in Tennessee
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for seniors in Tennessee:
- 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 Tennessee. Offering a combination of high customer satisfaction, affordability and financial stability, Nationwide achieves a MoneyGeek Score of 98 for women (with a monthly premium of $47) and 97 for men (with a monthly premium of $51). Nationwide's score is largely attributed to its excellent customer satisfaction and comprehensive coverage options, reassuring seniors that their needs are understood and met.
- M
- F
Nationwide | 1 | $51 | 97 |
GEICO | 2 | $42 | 97 |
Mutual of Omaha | 3 | $50 | 96 |
State Farm | 4 | $89 | 94 |
Protective | 5 | $58 | 93 |
Prudential | 6 | $62 | 93 |
Transamerica | 7 | $60 | 92 |
AAA | 8 | $88 | 90 |
Haven | 9 | $97 | 89 |
Allstate | 10 | $97 | 88 |
Best Term Life Insurance for Smokers in Tennessee
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Tennessee 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.
Mutual of Omaha provides the best term life insurance for smokers in Tennessee. With a MoneyGeek score of 96 for men and 94 for women, it provides a reliable option with monthly premiums of $28 for men and $25 for women. Its high satisfaction and stability scores are the largest contributors to its leading position, emphasizing Mutual of Omaha's commitment to customer contentment and long-term reliability.
- F
- M
Mutual of Omaha | 1 | $28 | 96 |
GEICO | 1 | $25 | 96 |
Nationwide | 3 | $34 | 96 |
State Farm | 4 | $39 | 95 |
Prudential | 5 | $28 | 94 |
Transamerica | 6 | $24 | 94 |
Allstate | 7 | $25 | 94 |
Protective | 8 | $41 | 91 |
Haven | 9 | $50 | 90 |
AAA | 10 | $52 | 89 |
Best Term Life Insurance for Young Adults in Tennessee
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Tennessee 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 is the leading provider of the best term life insurance for young adults in Tennessee. It earned a MoneyGeek Score of 97 for women and 97 for men and offers monthly premiums of $8 and $9, respectively. The company stands out due to its high scores across multiple factors, including stability, affordability and satisfaction, addressing the financial aspirations of young adults looking for dependable life insurance coverage.
- F
- M
Nationwide | 1 | $9 | 97 |
GEICO | 2 | $7 | 97 |
Mutual of Omaha | 3 | $8 | 96 |
Protective | 4 | $9 | 94 |
State Farm | 5 | $15 | 94 |
Haven | 6 | $11 | 93 |
Transamerica | 7 | $9 | 93 |
Prudential | 8 | $12 | 92 |
AAA | 9 | $13 | 92 |
Allstate | 10 | $14 | 91 |
Bestow | 11 | $21 | 89 |
Best Cheap Term Life Insurance in Tennessee
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best cheap term life insurance companies in Tennessee:
- 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.
Transamerica provides the best cheap term life insurance in Tennessee for women, with a MoneyGeek score of 97 and a monthly premium of $10. For men, GEICO takes the lead with a MoneyGeek score of 97 and a monthly premium of $10. These insurers excel in affordability and also also offer a balance of reliability and service quality.
- M
- F
GEICO | $10 | 97 |
Mutual of Omaha | $13 | 96 |
Nationwide | $14 | 96 |
Protective | $14 | 93 |
Transamerica | $14 | 93 |
AAA | $21 | 89 |
State Farm | $24 | 89 |
Prudential | $19 | 88 |
Allstate | $22 | 88 |
Haven | $18 | 88 |
Average Cost of Term Life Insurance in Tennessee
The average monthly premiums for life insurance in Tennessee are $32 for women and $44 for men. These rates can vary based on multiple factors, such as age, health, lifestyle and coverage amount. For example, older individuals or those with health issues might pay more due to higher associated risks. Smokers are also likely to face increased premiums. The term length and coverage amount directly influence the average cost of life insurance, with longer terms and higher coverage amounts typically resulting in higher premiums.
FAQ: Life Insurance in Tennessee
What is the best life insurance in Tennessee for men?
The best life insurance in Tennessee for men is offered by Nationwide.
How much is life insurance in Tennessee for men?
The price of life insurance in Tennessee for men is influenced by factors such as age, health and coverage amount. The monthly premium for the top-rated life insurance from Nationwide for men is an average of $18.
What is the best life insurance in Tennessee for women?
The best life insurance in Tennessee for women is provided by GEICO.
How much is life insurance in Tennessee for women?
The cost of life insurance in Tennessee for women can vary based on age, health and policy type. For the leading policy from GEICO, which also happens to be the best life insurance in the state, the monthly premium is approximately $14.
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.