A term life insurance policy can ensure that your family is taken care of financially. The aim is to get great coverage at a low cost.
Some companies do not even ask for a medical exam before issuing life insurance.
Ethos: it offers term life insurance in 10 to 30 years in 49 states and a maximum of $10 million in coverage.
Haven Life: if you are looking for a high coverage amount, Haven Life may be great for you. They offer $100,000 to $3 million.
Bestow: they have short and long term policies. There is one that goes for as little as $3/month.
Policygenius: this is more of an insurance broker. They give you a list of companies and you can choose the one you like.
Leap Life: they are an insurance agency (licensed) and their job is to match you with the perfect insurance policy carrier.
Ladder: the application process is quick and you will receive an instant decision.
JRC Insurance Group: they have free online tools for you to compare and select the right policy.
John Hancock: this is one of the best in the game and they have so many perks.
Prudential: it is ideal for tobacco users.
Nassau Reinsurance Company: there is additional coverage for unexpected events.
Legal and General America: they are lenient to people who are not in perfect health.
GEICO: ask for a quote online and you will get all the affordable options.
Protective: they offer a terminal illness rider and are less expensive.
Assurity: this is a popular name and they have been in the game since 1890.
Fidelity Life: as long as you are 94 years old or younger, you qualify for the life plan.
MassMutual: you can use them for insurance, investing and retirement.
Foresters Financial: they have a lot of perks including several complimentary insurance riders.
Principal: imagine getting a $1 million life insurance policy with no exam.
AIG: a medical exam is required but this is a prominent company.
Midland National: they are known for offering low-cost life insurance policies.
Brighthouse Financial: there is a set minimum amount ($1 million) for a life insurance policy.
Transamerica: under certain conditions, you can get an insurance policy with no exam.
Mutual of Omaha: for a policy above $25,00 you will have to speak to one of their agents.
Sagicor: this is an old insurance company. They also offer policies to international residents.
Americo: you can trust Americo since they have an “A” rating. This is the third highest rating.
USAA: they have additional benefits for active military members.
Northwestern Mutual: their financial rating is A++, the highest possible. Enough said.
Guardian Life: the minimum coverage amount is $250,000 while the maximum is $5 million.
Gerber Life: you can buy a life policy for you or for your child.
Nationwide: they have a level term policy where you can add extra riders.
American National: you can customize your policy with optional living benefits.
Thrivent: this is a Christian-centered insurance company.
Other great insurance companies include:
- Lincoln Financial
- New York Life