Updated: November 21, 2024
Advertising & Editorial Disclosure
Protective is the best life insurance provider in Augusta-Richmond, Georgia, with a MoneyGeek score of 92 out of 100. Its average monthly premiums are $29 for men and $25 for women. These scores and costs are based on a 20-year term policy with $500,000 coverage.
When deciding on life insurance, consider your age, health and coverage needs. Your unique situation 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 Augusta-Richmond, Georgia.
Coverage costs and company information for life insurance providers were updated in October 2024.
BestLife InsuranceAugustaRichmondBest Life Insurance Companies in Augusta-Richmond
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.
Protective offers the best life insurance in Augusta-Richmond, with a MoneyGeek score of 92 and average monthly premiums of $29 for men and $25 for women.
Top providers for men:
Top providers for women:
Protective's strong balance of affordability, customer satisfaction and financial stability makes it the top choice for life insurance.
Protective is Augusta-Richmond's best life insurance provider, with a MoneyGeek score of 92 and average monthly premiums of $29 for men and $25 for women. It offers affordability without compromising on quality or 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.
Protective has the best term life insurance in Augusta-Richmond, with a MoneyGeek score of 92 and average monthly premiums of $15 for men and $13 for women. Its high customer satisfaction and product diversity scores make it a top choice for reliable coverage.
Top term life insurance companies for men:
Top term life insurance companies for women:
Term life insurance provides coverage for a specific period. It's an affordable and straightforward way to provide financial security for one's beneficiaries. For example, a parent might purchase a 20-year term life insurance policy to ensure funding for their child's education in case of their untimely death.
In Augusta-Richmond, Protective is the best term life insurance provider, earning a MoneyGeek score of 92. It balances affordability and high-quality service with low monthly premiums of $15 for men and $13 for women.
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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 offers the best whole life insurance in Augusta-Richmond, with a MoneyGeek score of 92 for men and women. The company performs strongly in affordability, customer satisfaction and financial stability.
Whole life insurance provides lifelong coverage and builds cash value, which is excellent for long-term financial security. Unlike term life, which doesn’t build cash value, it’s a good option for those who want both insurance and a savings component.
In Augusta-Richmond, Protective is the leading provider of whole life insurance, earning a MoneyGeek score of 92 for men and women. This reflects a good balance of customer satisfaction and affordability.
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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.
Protective has Augusta-Richmond's best universal life insurance, with a MoneyGeek score of 91 for men and women. The company's high score indicates a strong balance of affordability, customer satisfaction and financial stability.
Universal life insurance offers flexible premium payments and potential cash value growth, making it a good option for long-term financial planning. It’s often chosen for estate planning because it can provide heirs with both a legacy and living benefits.
Protective is Augusta-Richmond's leading universal life insurance provider. With a MoneyGeek score of 91 for men and women, it stands out for its affordability, quality service and financial stability.
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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.
Protective offers the best life insurance in Augusta-Richmond without a medical exam requirement. Its MoneyGeek score of 91 for men and women reflects a strong balance of affordability, customer satisfaction and financial stability.
Life insurance with no mandatory medical exam provides coverage without a health checkup. It benefits those needing quick coverage or with health conditions that might lead to denial or higher premiums with traditional insurance.
In Augusta-Richmond, Protective is the top choice for life insurance without the hassle of a medical examination. Its MoneyGeek score of 91 for men and women reflects a balance of affordability and customer satisfaction.
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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.
Protective offers the best term life insurance for seniors in Augusta-Richmond, with a MoneyGeek score of 92 and average monthly premiums of $62 for men and $57 for women.
Age affects premiums because health risks rise as people get older. Insurers factor this into their pricing. Protective's high score shows strong customer satisfaction, product diversity and financial stability, both key when picking a reliable life insurance provider for seniors.
| 1 | Protective | $62 | 92 |
| 2 | Mutual of Omaha | $73 | 91 |
| 3 | Nationwide | $62 | 91 |
| 4 | AAA | $86 | 88 |
| 5 | Allstate | $77 | 88 |
| 6 | Prudential | $73 | 87 |
| 7 | State Farm | $111 | 85 |
| 8 | Haven | $141 | 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.
Mutual of Omaha provides the best term life insurance for smokers in Augusta-Richmond, with MoneyGeek scores of 91 for men and 88 for women. The average monthly premium is $41 for both.
Smoking increases life insurance premiums due to health risks. Mutual of Omaha’s top scores for affordability, satisfaction, stability and product options make it the top choice for smokers.
| 1 | Mutual of Omaha | $41 | 91 |
| 2 | Nationwide | $41 | 89 |
| 3 | Allstate | $36 | 88 |
| 4 | AAA | $45 | 88 |
| 5 | Protective | $59 | 88 |
| 6 | Prudential | $33 | 88 |
| 7 | State Farm | $54 | 86 |
| 8 | Haven | $73 | 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 in Augusta-Richmond, with a MoneyGeek score of 92 and average monthly premiums of $9 for men and $8 for women.
Age is a significant factor in life insurance premiums because younger adults typically have fewer health issues, posing less risk to insurers. Protective's high MoneyGeek score is due to its strong customer satisfaction, affordability and financial stability.
| 1 | Protective | $9 | 92 |
| 2 | Mutual of Omaha | $11 | 91 |
| 3 | Nationwide | $11 | 90 |
| 4 | AAA | $13 | 88 |
| 5 | Allstate | $14 | 86 |
| 6 | Prudential | $15 | 85 |
| 7 | State Farm | $19 | 84 |
| 8 | Haven | $15 | 84 |
| 9 | Bestow | $21 | 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.
In Augusta-Richmond, Protective offers the best cheap term life insurance, with a MoneyGeek score of 92 and average monthly premiums of $15 for men and $13 for women.
Various factors affect life insurance costs, including age, health, coverage amount and term length. To get the lowest premiums, maintain good health, choose a shorter term length and opt for a higher deductible, if possible.
| 1 | Protective | $15 | 92 |
| 2 | Nationwide | $17 | 91 |
| 3 | Mutual of Omaha | $18 | 90 |
| 4 | AAA | $21 | 87 |
| 5 | Allstate | $22 | 86 |
| 6 | Prudential | $22 | 85 |
| 7 | Haven | $27 | 83 |
| 8 | State Farm | $29 | 82 |
The average monthly premiums for term life insurance in Augusta-Richmond are $32 for men and $27 for women.
Several factors affect life insurance costs, including age, health, lifestyle, occupation, coverage amount and policy term. Premiums in Augusta-Richmond may differ from those in other parts of Georgia due to local health trends, the cost of living and regional risk factors like occupations or lifestyle choices. Understanding these factors helps you choose a policy that fits your needs and circumstances.
Protective offers the best life insurance for men in Augusta-Richmond, with the highest MoneyGeek score of 92 out of 100.
The average monthly premium for the best life insurance for men in Augusta-Richmond is $29.
Protective offers the best life insurance for women in Augusta-Richmond, with a MoneyGeek score of 92 out of 100.
The average monthly premium for the best life insurance for women in Augusta-Richmond is $25.
Life insurance premiums and company ratings in Augusta-Richmond may differ from those in the rest of Georgia. For instance, Protective offers competitive rates and high customer satisfaction in the city. Consumers should compare local options to find the best fit for their needs.
If a life insurance company in Augusta-Richmond goes bankrupt, state guaranty associations typically protect policyholders by providing coverage up to certain limits and ensuring policyholders don't lose their benefits entirely.
Augusta-Richmond residents may need life insurance for various reasons, including providing financial security for their families, covering debts and ensuring funds for future expenses like education. Life insurance can also help with final expenses, reducing the financial burden on loved ones.
To find a lost life insurance policy in Augusta-Richmond, check personal records and contact the deceased's financial advisors. You can also contact state insurance departments and use online tools to search for unclaimed policies.
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.
