Best Life Insurance Companies in Oceanside, CA, for 2024

While it is a sensitive topic, life insurance extends support to your loved ones after you pass away. Life insurance is a long-term financial commitment, so when you shop for a life insurance policy, it should meet your specific needs. Browse through MoneyGeek’s guide to find the best life insurance company in Oceanside, California, for you.

Your life insurance quotes in Oceanside will depend on your gender and coverage amount. Transamerica offers the average cheapest monthly rate for a $250,000 policy for men at $10 and for women at $7.

However, $250K coverage may not suit your specific situation. Each state has a recommended amount that individuals should purchase for life insurance based on factors specific to the state, such as average personal debt, average income and cost of living.

The recommended life insurance coverage amount in California is $1,130,000. Following this recommendation, Transamerica provides the most affordable average rate in Oceanside for men at $21 per month and for women at $15 per month.

Your gender influences the cost of life insurance in Oceanside, as does your location. Compared to the average cost in California, men in Oceanside pay roughly 2% more, but women pay about 15% less.

The average life insurance premium in Oceanside for a $250K coverage policy is $13 per month for women, and men pay $17 per month.

Californians are highly encouraged to purchase a life insurance policy with a $1.13 million coverage amount. That amount is based on factors like per capita income (as reported by the U.S. Bureau of Economic Analysis), average personal debt, average mortgage debt and average age.

On average, the premium for $1.13 million coverage costs $44 per month for men and $38 per month for women.

If you don’t consider coverage amount, a 10-year term policy’s average cost is $26 per month for men and $22 per month for women.

Life insurance policy costs were determined by gathering 10-year term quotes from major life insurance companies in Oceanside using average buyer profile statistics, including the average age of 30, the average weight of 179 pounds for males and 142 pounds for females, and an average coverage need of $1,130,000.

The three most popular life insurance companies in California with respect to market share are New York Life (around 8%), Transamerica (around 7%) and Northwestern Mutual (around 5%). In total, the seven most popular carriers take up roughly 37% of the life insurance industry.

Check the below table to see the seven most popular life insurance companies in California.

Per month, the average life insurance premium for a young adult in Oceanside ranges between $17 and $27. MoneyGeek found that the below companies offer the most affordable average life insurance rates in Oceanside to young people:

• Transamerica: $17 per month
• Mutual of Omaha: $19 per month

In the table below, you can browse through the full list of life insurance companies for young adults in Oceanside and their rates.

Rates were determined by analyzing quotes for a 25-year-old male non-smoker in Oceanside who is 5 feet 10 inches and 152 pounds that purchases a 20-year term contract at the average coverage need of $360,000. We chose a 20-year term to provide a longer coverage period for a younger buyer.

Life insurance for seniors in Oceanside costs approximately $39 to $89 per month. On average, the following companies offer the cheapest life insurance rates in Oceanside for seniors:

• Transamerica: $39 per month
• MassMutual: $41 per month

View the below table to get the complete list of life insurance companies in Oceanside for seniors and their rates.

Rates were determined by analyzing quotes for a 60-year-old male non-smoker in Oceanside who is 5 feet 10 inches and 179 pounds that purchases a 10-year term contract at the average coverage need of $107,000.

Life insurance for smokers in Oceanside starts at around $148 per month and can reach roughly $221 per month. MoneyGeek’s average rate data shows that the most affordable companies for a smoker in Oceanside that wants life insurance are:

• Transamerica: $148 per month
• Nationwide: $162 per month

The below table outlines life insurance providers in Oceanside for smokers and their rates.

Rates were determined by analyzing quotes for a 30-year-old male smoker in Oceanside who is 5 feet 10 inches and 179 pounds that purchases a 20-year term contract at the average coverage need of $1,130,000.

MoneyGeek determined the recommended life insurance coverage by factoring in per capita income from the U.S. Bureau of Economic Analysis, average mortgage debt, average personal debt and average age. Keep in mind that each buyer is unique and may need more or less coverage depending on their specific circumstances.