Best Life Insurance in Colorado (December 2024)


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Updated: December 24, 2024

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When selecting life insurance, gender plays a role in determining top providers. For women, Nationwide stands at the forefront with a MoneyGeek score of 97 and an approximated monthly premium of $22. In contrast, for men, Nationwide and GEICO tie with a top MoneyGeek Score of 97; however, GEICO offers a slightly lower monthly premium of $19. Life insurance decisions are based on premium costs, company reputation and policy specifics.

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 Colorado.

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Coverage costs and company information for life insurance providers were updated in May 2024.

1,488Quotes Analyzed
 
14Companies Compared
 
50ZIP Codes

Best Life Insurance in Colorado: Summary

Data filtered by:Results filtered by:
Select
Category:Best Life Insurance Overall
Select
Gender:M
Nationwide197
GEICO297
Mutual of Omaha396
Protective495
Allstate594
State Farm694
Prudential793
Transamerica893
AAA992
Haven1092
American Family Insurance1191

Overall Best Life Insurance in Colorado

How was this MoneyGeek score calculated?

Nationwide is the leading provider of life insurance in Colorado, clinching the top spot in the MoneyGeek rankings for both men and women. The company upholds an impressive MoneyGeek score of 97 for men and 97 for women, offering policies at an approximate monthly premium of $23 for men and $22 for women.

Top three highest MoneyGeek scores:

  • Nationwide: MoneyGeek score of 97 out of 100 ($23 per month for men; $22 per month for women)
  • GEICO: MoneyGeek score of 97 out of 100 ($19 per month for men; $19 per month for women)
  • Mutual of Omaha: MoneyGeek score of 96 out of 100 ($22 per month for men; $20 per month for women)

Best for Men: Nationwide

COMPANY HIGHLIGHTS

Nationwide, boasting the highest MoneyGeek score of 97, is the leading provider of life insurance for men in Colorado. It offers substantial coverage at a monthly premium of $23. This score underscores Nationwide's commitment to quality service, affordability and customer satisfaction.

Pros:

  • Exemplary customer satisfaction
  • Commendable affordability
  • Diverse range of products

Best for Women: Nationwide

COMPANY HIGHLIGHTS

Nationwide has a MoneyGeek score of 97 and a monthly premium of $22, Nationwide offers good customer satisfaction and a variety of products.

Pros:

  • High customer satisfaction rate
  • Strong affordability aspect affirmed
  • Variety of products available is excellent

Best Term Life Insurance in Colorado

How was this MoneyGeek score calculated?

Nationwide provides the best term life insurance in Colorado for both men and women, boasting a MoneyGeek score of 97 and 97, respectively, and a competitive monthly premium of $18.

Here are the top three highest MoneyGeek scores:

  • Nationwide: MoneyGeek score of 97 out of 100 ($18 per month for men; $18 per month for women)
  • GEICO: MoneyGeek score of 96 out of 100 ($15 per month for men; $15 per month for women)
  • Mutual of Omaha: MoneyGeek score of 96 out of 100 ($18 per month for men; $18 per month for women)

Best Term Life: Nationwide

COMPANY HIGHLIGHTS

Nationwide is the top choice for the best term life insurance in Colorado for both men and women. Renowned for its exceptional performance, Nationwide has an overall MoneyGeek score of 97, and the cost of its monthly premium is $18.

Pros:

  • High customer satisfaction
  • Competitive affordability
  • Variety in product offerings

Best Whole Life Insurance in Colorado

How was this MoneyGeek score calculated?

State Farm offers the best whole life insurance in Colorado for both men and women, with a MoneyGeek score of 99. The company's commitment to delivering quality coverage is evident in its superior MoneyGeek rating, which reflects a comprehensive evaluation of factors such as customer satisfaction, affordability, process efficiency and company stability.

Here are the top three highest MoneyGeek scores:

  • State Farm: MoneyGeek score of 99 out of 100
  • Nationwide: MoneyGeek score of 98 out of 100
  • Mutual of Omaha: MoneyGeek score of 96 out of 100

Best Whole Life: State Farm

COMPANY HIGHLIGHTS

State Farm has a MoneyGeek score of 99. Its tailored policies ensure both men and women find the financial protection and peace of mind they need, supported by unrivaled customer satisfaction and financial stability.

Pros:

  • Exemplary customer contentment with services
  • Wide range of insurance product options
  • Proven financial strength and dependability

Cons:

  • The buying process could be more streamlined

Compare Life Insurance Rates

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.

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Best Universal Life Insurance in Colorado

How was this MoneyGeek score calculated?

Nationwide is the company with the best universal life insurance in Colorado for both men and women, with a MoneyGeek score of 99.

  • Nationwide: MoneyGeek score of 99 out of 100
  • State Farm: MoneyGeek score of 98 out of 100
  • Mutual of Omaha: MoneyGeek score of 97 out of 100

Best Universal Life: Nationwide

COMPANY HIGHLIGHTS

Nationwide is the best choice for universal life insurance in Colorado. With an exceptional MoneyGeek score of 99, Nationwide offers a perfect blend of quality service and comprehensive coverage options.

Pros:

  • High customer satisfaction and service
  • Broad range of insurance products available

Best No-Medical-Exam Life Insurance in Colorado

How was this MoneyGeek score calculated?

Nationwide is the leading provider of the best no-medical-exam life insurance in Colorado for both men and women, boasting a MoneyGeek score of 99 out of 100.

Top three highest MoneyGeek scores:

  • Nationwide: MoneyGeek score of 99 out of 100
  • State Farm: MoneyGeek score of 99 out of 100
  • Mutual of Omaha: MoneyGeek score of 97 out of 100

Making the right decision for life insurance can be straightforward with trusted information. Nationwide, offers exceptional coverage without the hassle of a medical exam.

Best No-Medical-Exam: Nationwide

COMPANY HIGHLIGHTS

Nationwide is the definitive choice for the best no-medical-exam life insurance in Colorado, accommodating both men and women. With an impressive overall MoneyGeek score of 99, Nationwide ensures comprehensive coverage without needing a medical exam.

Pros:

  • Exceptional customer satisfaction
  • High affordability
  • A diverse product range

How Much Life Insurance Do You Need?

Answer three simple questions to get your recommended coverage amount.

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Best Term Life Insurance for Seniors in Colorado

How was this MoneyGeek score calculated?

Nationwide has the best term life insurance for seniors in Colorado, securing the highest MoneyGeek score for both men and women. The MoneyGeek score for men is 98, and for women, it is 97. The monthly premium costs for men are $70, and for women, it is $67. Nationwide performs well across multiple categories, such as customer satisfaction and policy affordability.

Best Term Life Insurance for Seniors in Colorado
Data filtered by:Results filtered by:
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Sex:M
Nationwide1$7098
GEICO2$6497
Mutual of Omaha3$7896
Prudential4$6895
Protective4$6995
State Farm6$12294
Allstate7$7793
AAA8$9092
Transamerica9$8692
Haven10$13489

Best Term Life Insurance for Smokers in Colorado

How was this MoneyGeek score calculated?

Nationwide emerges as the preeminent provider of the best term life insurance for smokers for men in Colorado, boasting a MoneyGeek score of 96 and a monthly premium of $79. Prudential leads the way for women, with a MoneyGeek score of 95 and a monthly premium of $45. These companies have good customer satisfaction and competitive affordability.

Best Term Life Insurance for Smokers in Colorado
Data filtered by:Results filtered by:
Select
Sex:M
Nationwide1$7996
GEICO2$6196
Prudential3$6095
Mutual of Omaha4$7695
State Farm5$10094
AAA6$8393
Transamerica7$7593
Protective8$10590
Haven9$12589
Allstate10$12588

Best Term Life Insurance for Young Adults in Colorado

How was this MoneyGeek score calculated?

Nationwide provides the best term life insurance for young adults in Colorado, offering unmatched coverage for both men and women. With a MoneyGeek score of 97 for men and 97 for women, Nationwide's term life policies come at an approximate monthly premium cost of $12 for men and $11 for women. Among the biggest contributors to Nationwide's top MoneyGeek score are its excellent satisfaction and process scores.

Best Term Life Insurance for Young Adults in Colorado
Data filtered by:Results filtered by:
Select
Sex:M
Nationwide1$1297
GEICO2$997
Mutual of Omaha3$1196
Protective4$995
State Farm5$2093
Allstate6$1292
AAA7$1392
Prudential8$1392
Transamerica9$1292
Haven10$1492
Bestow11$2089

Best Cheap Term Life Insurance in Colorado

How was this MoneyGeek score calculated?

Nationwide offers the best cheap term life insurance in Colorado for women with a MoneyGeek score of 97 and a monthly premium of $18, while GEICO tops the chart for men with a score of 97 and a monthly premium cost of $15. Best cheap term life insurance seekers should take note of these companies for their high MoneyGeek scores, indicating a strong balance of affordability and company reliability.

Best Cheap Term Life Insurance in Colorado
Data filtered by:Results filtered by:
Select
Gender:M
GEICO$1597
Nationwide$1896
Protective$1596
Mutual of Omaha$1895
Allstate$1994
Transamerica$2093
Prudential$2092
AAA$2192
State Farm$3189
Haven$2588

Average Cost of Term Life Insurance in Colorado

The average cost of monthly premiums for life insurance in Colorado is $72 for women and $88 for men. Various factors contribute to the cost of purchasing life insurance, including age, health history, lifestyle, occupation and policy coverage amount.

FAQ: Life Insurance in Colorado

What is the best life insurance in Colorado for men?

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What is the best life insurance in Colorado for women?

How much is life insurance in Colorado for women?

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.

Mark 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 economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.


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