Updated: November 21, 2024
Advertising & Editorial Disclosure
Protective is the best life insurance company in Allentown, Pennsylvania, for both men and women. It has a MoneyGeek score of 92 for men with a monthly premium of $22 and a score of 92 for women with a monthly premium of $18.
These scores and premium costs are based on a 20-year term policy with $500,000 coverage. Different factors should be considered when deciding on the type of life insurance to buy. 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 Allentown, Pennsylvania.
Coverage costs and company information for life insurance providers were updated in August 2024.
BestLife InsuranceAllentown, PABest Life Insurance Companies in Allentown
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the overall best life insurance companies:
This was done using the average profile with a 20-year term policy and $500K coverage.
In Allentown, Protective offers the best life insurance for both men and women with a MoneyGeek score of 92 out of 100. The monthly premium is $22 for men and $18 for women. This makes Protective the top choice for life insurance in the area.
Top providers for men:
Top providers for women:
Protective's high MoneyGeek score and competitive premiums make it an excellent option for the average individual looking to purchase life insurance in Allentown.
In Allentown, Protective stands out as the premier choice for life insurance, catering to both men and women. With a MoneyGeek score of 92, Protective offers policies at a monthly premium of $18 for women and $22 for men. This reflects a balance of cost-effectiveness and reliable service.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies:
Quotes gathered were for a $250K life insurance policy with a 10-year term.
For those seeking the best term life insurance in Allentown, Protective stands out for both men and women, boasting a MoneyGeek score of 92 and monthly premiums of $10 for men and $9 for women. Protective offers a compelling blend of affordability, customer satisfaction and financial stability.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance is a straightforward protection plan, providing coverage for a specified period. It's ideal for individuals looking to secure financial stability for their beneficiaries without the long-term commitment of whole life insurance.
Protective stands out as the top choice for both men and women seeking the best term life insurance in Allentown. This company not only provides a high level of customer satisfaction but also ranks highly in affordability and financial stability, making it a reliable option for life insurance seekers.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best whole life insurance companies:
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 based on a 20-year term at $500K coverage.
Protective is the top provider of the best whole life insurance in Allentown for both men and women, with a MoneyGeek score of 92 for both.
Top whole life companies for women in Allentown:
Top whole life companies for women in Allentown:
Whole life insurance offers a guaranteed death benefit, fixed premiums, and a cash value component that can serve as a financial safety net or investment opportunity. For instance, someone might prefer whole life insurance to ensure lifelong coverage and to potentially build cash value that can be borrowed against if needed.
Protective stands out as the premier choice for whole life insurance in Allentown, scoring equally high for both men and women with a MoneyGeek score of 92. This reflects the company's commitment to excellence across key metrics valued by insurance seekers.
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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.
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best universal life insurance companies:
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, over a 10-year term for $250K coverage.
In Allentown, Protective stands out with the best universal life insurance for both men and women, boasting a MoneyGeek score of 91. The company's high score reflects its commitment to affordability, customer satisfaction and financial stability.
Best universal life insurance for men:
Best for women's universal life insurance:
Universal life insurance offers flexibility in premiums and death benefits, which can be appealing for those who want long-term coverage with investment options. For instance, a young professional might choose universal life insurance over term life to build cash value that can be borrowed against in the future.
In Allentown, Protective stands out as the premier provider of universal life insurance for both men and women, with a MoneyGeek score of 91 for each. This score reflects Protective's commitment to customer satisfaction and financial stability, making it a reliable choice for life insurance needs. Here are the pros and cons of choosing Protective for your universal life insurance policy.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best life insurance companies that don't require a medical exam:
We did not weigh affordability as we did not collect any insurance quotes for this category. The company below has the highest score among the companies that offer life insurance policies without mandatory medical exams, for a 10-year term with $250K coverage if the insuree was in poor health.
The Protective company stands out as the best no-medical-exam life insurance provider in Allentown for both men and women, boasting a MoneyGeek score of 91. This high score indicates a strong performance across various metrics.
Best no-medical-exam life insurance for men:
Best life insurance for women that does not require a medical exam:
This type of life insurance is a policy that provides coverage without the need for a medical check-up. This can be advantageous for individuals who may have pre-existing health conditions or who prefer a quicker and less invasive insurance application process. For example, someone with a busy lifestyle or a fear of needles might opt for the best no-medical-exam life insurance to avoid the time and discomfort associated with traditional medical screenings.
In Allentown, Protective stands out as the premier choice for no-medical-exam life insurance for both men and women, with a MoneyGeek score of 91. This score reflects the company's commitment to customer satisfaction and value. Protective's high marks in key areas make it a reliable option for those seeking life insurance without the hassle of a medical exam.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for seniors:
We derived quotes using a $250K life insurance policy with a 10-year term and adjusted the sample buyer's age to 70.
For seniors in Allentown, Protective stands out with the best term life insurance, scoring an impressive 92 for both men and women. Men can expect a monthly premium of about $47, while women are looking at approximately $41.
Age is a determining factor in life insurance premiums, with costs typically rising as one gets older. This is due to the increased risk insurers face as clients age.
| 1 | Protective | $47 | 92 |
| 2 | Mutual of Omaha | $50 | 91 |
| 3 | Nationwide | $47 | 90 |
| 4 | AAA | $59 | 88 |
| 5 | Transamerica | $47 | 88 |
| 6 | Allstate | $57 | 87 |
| 7 | Prudential | $59 | 86 |
| 8 | State Farm | $88 | 85 |
| 9 | Haven | $92 | 82 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for people who smoke:
We collected quotes using a $250K life insurance policy with a 10-year term and adjusted the sample buyer to reflect an active smoker.
For both men and women seeking the best term life insurance for smokers in Allentown, Mutual of Omaha stands out with the highest MoneyGeek scores of 91 and 90, respectively. The monthly premiums are $27 for men and $23 for women, rounded to the nearest whole number.
Smoking is a significant factor] affecting life insurance premiums, as it increases health risks, leading to higher costs for insurers. Mutual of Omaha's top scores reflects its strong performance across affordability, customer satisfaction, buying process, financial stability and product diversity.
| 1 | Mutual of Omaha | $27 | 91 |
| 2 | Allstate | $25 | 89 |
| 3 | Nationwide | $34 | 88 |
| 4 | AAA | $32 | 88 |
| 5 | Transamerica | $25 | 88 |
| 6 | Protective | $43 | 87 |
| 7 | Prudential | $27 | 87 |
| 8 | State Farm | $38 | 86 |
| 9 | Haven | $49 | 82 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for young adults:
We collected quotes using a $250K life insurance policy with a 10-year term for a 20-year-old buyer.
Protective offers the best term life insurance for young adults. It has a MoneyGeek score of 92 and a monthly premium of $6 for both men and women. Age plays a crucial role in determining life insurance premiums, with younger individuals typically enjoying lower rates.
| 1 | Protective | $6 | 92 |
| 2 | Mutual of Omaha | $7 | 91 |
| 3 | Nationwide | $8 | 90 |
| 4 | AAA | $8 | 89 |
| 5 | Transamerica | $7 | 88 |
| 6 | Allstate | $10 | 86 |
| 7 | Haven | $10 | 85 |
| 8 | Prudential | $12 | 84 |
| 9 | State Farm | $14 | 84 |
| 10 | Bestow | $16 | 83 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best cheap term life insurance companies:
We adjusted the weighting to favor affordability for a $250K life insurance policy with a 10-year term.
Protective offers the best cheap term life insurance in Allentown for both men and women, with a MoneyGeek Score of 92 and monthly premiums of $9 and $10 respectively.
Factors like age, health, coverage amount and term length affect the cost of premiums for life insurance. To get the lowest premiums, maintain a healthy lifestyle, avoid smoking and choose a shorter term length with adequate coverage.
| 1 | Protective | $10 | 92 |
| 2 | Nationwide | $12 | 91 |
| 3 | Mutual of Omaha | $12 | 91 |
| 4 | Transamerica | $11 | 90 |
| 5 | AAA | $14 | 89 |
| 6 | Allstate | $16 | 86 |
| 7 | Prudential | $18 | 84 |
| 8 | Haven | $17 | 84 |
| 9 | State Farm | $22 | 82 |
The average cost of term life insurance in Allentown is $18 per month for women and $23 per month for men. These figures represent the typical monthly premiums that residents might expect to pay.
Several factors affect the cost of life insurance premiums. These include age, health, lifestyle, policy term, and coverage amount. Each of these factors can influence the risk assessment made by insurance companies, which in turn affects the premium rates.
The cost of life insurance in Allentown might be higher or lower compared to the rest of Pennsylvania for various reasons. Local health statistics can play a role, as areas with higher rates of certain health conditions may see higher premiums.
Protective offers the best life insurance in Allentown for men with a MoneyGeek score of 92. This score reflects the company's overall performance, including affordability, customer satisfaction and financial stability.
The monthly premium cost for the best life insurance for men in Allentown, offered by Protective, is $22.
Protective also provides the best life insurance in Allentown for women, with a MoneyGeek score of 92.
For women in Allentown, the best life insurance option from Protective costs $18 per month. This premium reflects the company's high rating in various performance metrics.
Life insurance in Allentown is notable for its competitive rates and high MoneyGeek scores, particularly from Protective. Compared to other regions in Pennsylvania, Allentown residents may find better customer satisfaction and affordability. For instance, Protective's high rating in Allentown highlights its strong performance in these areas.
If a life insurance company goes bankrupt in Allentown, policyholders are generally protected by state guaranty associations. These associations cover claims up to certain limits, ensuring that policyholders receive their benefits. It's important to check the specific coverage limits and protections offered by Pennsylvania's guaranty association.
Allentown residents might need life insurance to provide financial security for their families. Life insurance can cover expenses such as mortgages, education costs, and daily living expenses. It also offers peace of mind, knowing that loved ones will be taken care of in the event of an unexpected death.
To find a lost life insurance policy in Allentown, start by checking personal records and contacting the deceased's financial advisors. You can also reach out to the Pennsylvania Department of Insurance or use online tools like the National Association of Insurance Commissioners' Life Insurance Policy Locator.
About Mark Fitzpatrick
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.
