Best Life Insurance Companies in Washington (2026)

Washington residents can choose from many life insurance companies, but some providers offer stronger value based on cost, coverage flexibility and customer satisfaction. After analyzing thousands of quotes, policy features and consumer reviews from more than 30 insurers, MoneyGeek identified the best life insurance companies in Washington state.

For affordable term coverage, Legal & General offers policies that average under $50 per month. Mutual of Omaha ranks highly for guaranteed acceptance coverage with no medical exam or health questions. For permanent life insurance, North American and Ethos lead the Washington market with whole, universal and indexed universal policies.

* The rates shown above are average premiums for 40-year-old nonsmokers buying $500,000 in coverage. Your actual cost will vary based on factors like your health background, lifestyle choices and personal risk characteristics.

Use the customizable table below to compare life insurance options tailored to your profile. Premium estimates change based on your age, gender, health history, coverage amount and policy length.

* The displayed premiums reflect average term life insurance quotes for nonsmokers in average health. Your actual price will depend on your personal profile and the specific policy you choose.

The Office of the Insurance Commissioner regulates life insurance in Washington, setting consumer protection standards and overseeing insurers operating in the state:

• Free Look Period: New individual life insurance policies include at least a 10-day review window. If you cancel during this period, the insurer must refund your full premium within 30 days.
• Grace Period: Policies provide a 31-day grace period for missed premium payments. Coverage remains active during this time, and any unpaid premium may be deducted from the death benefit if a claim occurs.
• Contestability Period: During the first two years, insurers may contest claims based on misstatements in your application. After that period, policies can't be challenged except for nonpayment of premiums.
• Suicide Provision: Most policies include a two-year suicide clause. If suicide occurs within that period, the insurer returns premiums paid with any interest, instead of paying the full benefit.
• Premium-to-Benefit Safeguards: Early policy structures must must keep the death benefit above cumulative premiums paid when adjusted by a benchmark interest rate during the first 10 years.
• Guaranty Association Protection: The Washington Life and Disability Insurance Guaranty Association protects policyholders if a licensed insurer becomes insolvent, with coverage up to $500,000 per insured individual.
• Denial and Cancellation Disclosure: Insurers must provide a clear and specific reason if they deny, cancel or refuse to renew your policy. General or vague explanations are not sufficient.

Based on our comprehensive market review, North American, Ethos and Legal & General are the top life insurance providers in Washington. Mutual of Omaha and Pacific Life are strong alternatives.

Before you commit to a policy, take the time to calculate how much coverage your family needs. Once you have that number in mind, compare quotes from multiple insurers so you can get the right coverage at a price that fits your budget.

We analyzed thousands of quotes from major life insurance providers to show which companies deliver the best combination of affordable rates and reliable service for Washington residents.

How Life Insurance Rates Vary by Profile

Life insurance companies price policies differently based on your profile. A company offering the cheapest rates for a healthy 30-year-old may charge much more for a 55-year-old with moderate health issues. We tested multiple profile variations to identify which insurers consistently deliver competitive rates across different customer segments.

Our scoring system weighs five factors to calculate each company's final MoneyGeek score out of five points:

• Affordability (50%): Based on monthly premium quotes from real customer data.
• Customer experience (30%): Considers online tools, quote access, payment options, financial ratings, and consumer reviews.
• Coverage options (10%): We considered each provider's range of policy types, riders and other add-on options.