Updated: November 22, 2024
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Protective offers the best life insurance in Aurora, Illinois, with a MoneyGeek score of 92 for men and women. The average monthly premium is $22 for women and $25 for men. The score and costs are based on a 20-year term policy with $500,000 coverage.
Different factors should be considered when deciding on life insurance. 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 Aurora, Illinois.
Coverage costs and company information for life insurance providers were updated in October 2024.
BestLife InsuranceAurora, ILBest Life Insurance Companies in Aurora
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 company in Aurora, with a MoneyGeek score of 92 out of 100 for men and women. The average monthly premium is $25 for men and $22 for women.
Top providers for men:
Top providers for women:
Protective's affordability and high customer satisfaction make it a reliable choice for life insurance needs.
Protective provides the best life insurance in Aurora for men and women, offering a harmonious blend of value and reliability. With a MoneyGeek score of 92, Protective provides affordable monthly premiums of about $22 for women and $25 for men. Its commitment to customer satisfaction and financial stability makes it a top choice for securing your future.
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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.
In Aurora, Protective is the best term life insurance provider for men and women. It has a MoneyGeek score of 92 and a monthly premium of $12 for both genders. Protective's high score indicates a strong combination of affordability, customer satisfaction and financial stability, making it an excellent choice for term life insurance shoppers.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance is a policy where a beneficiary receives a payout if the insured person dies within a set term, such as 10, 20 or 30 years. It's often chosen for its simplicity and affordability. For instance, a parent might purchase a term policy to ensure their child's education costs are covered in the event of their untimely death.
Protective is the premier choice for term life insurance in Aurora for men and women. It has a MoneyGeek score of 92 and an average monthly premium of $12 for both genders, ensuring value without compromising quality.
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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 choice for men and women seeking the best whole life insurance in Aurora. Its MoneyGeek score of 92 for both genders reflects its commitment to customer satisfaction, financial stability and product diversity.
Top whole life companies for men in Aurora:
Top whole life companies for women in Aurora:
Whole life insurance is a type of permanent life insurance that provides coverage for the insured's entire life, with the added benefit of accumulating cash value over time. For instance, someone might choose whole life insurance over term life insurance if they desire a fixed premium, a guaranteed death benefit and the potential to grow cash value as a financial asset.
In Aurora, Protective is the premier choice for whole life insurance for men and women, with a MoneyGeek score of 92 for each. Its high score reflects a commitment to customer satisfaction, affordability and robust financial stability.
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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 is the best universal life insurance provider in Aurora for men and women, with a MoneyGeek score of 91 for each. This score reflects a strong combination of affordability, customer satisfaction, a smooth buying process and financial stability, making Protective a solid choice for the average individual seeking reliable coverage.
Best universal life insurance for men:
Best for women's universal life insurance:
Universal life insurance offers flexible premiums and the potential for cash value growth, making it a versatile option. For instance, someone might choose universal life insurance over term life because they can adjust their coverage as their financial circumstances change.
Protective is the leading provider of universal life insurance in Aurora. With a MoneyGeek score of 91 for men and women, Protective stands out for its commitment to customer satisfaction 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 is the top provider of the best no-medical-exam life insurance in Aurora for men and women, with a MoneyGeek score of 91 for both. Protective excels in affordability, customer satisfaction, buying process, financial stability and product diversity, making it a strong choice for individuals looking for reliable coverage without the need for a medical examination.
Best no-medical-exam life insurance for men:
Best life insurance for women that does not require a medical exam:
Life insurance without a required medical exam allows individuals to obtain life insurance quickly without undergoing a health assessment. For example, someone with a busy schedule or a dislike of medical exams may find this type of insurance more convenient than traditional policies.
For men and women in Aurora, Protective is the premier choice for the best life insurance with no mandatory medical exam. With a MoneyGeek score of 91 for both genders, Protective ensures a harmonious balance of quality and value in its insurance offerings.
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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 Aurora residents seeking the best term life insurance for seniors, Protective stands out with a MoneyGeek score of 92 for men and 91 for women. Its average monthly premium is $55 and $52, respectively.
Age significantly influences the cost of life insurance premiums; the risk to insurers increases as individuals age, leading to higher premiums. Protective's high MoneyGeek score indicates a reliable provider that excels in customer satisfaction, affordability and financial stability. Choosing a company like Protective can afford seniors security when selecting a policy.
| 1 | Protective | $55 | 92 |
| 2 | Mutual of Omaha | $61 | 91 |
| 3 | Nationwide | $56 | 90 |
| 4 | AAA | $71 | 88 |
| 5 | Prudential | $52 | 88 |
| 6 | Transamerica | $66 | 87 |
| 7 | Allstate | $79 | 86 |
| 8 | State Farm | $106 | 84 |
| 9 | Haven | $105 | 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.
In Aurora, Mutual of Omaha offers the best term life insurance for smokers, with a MoneyGeek score of 90 for men and 88 for women. Its average monthly premium is $59 and $60, respectively.
Smoking affects life insurance premiums significantly due to the health risks it poses, often leading to higher rates for smokers than nonsmokers. Mutual of Omaha's top scores reflect its commitment to providing valuable coverage at competitive prices, making it a strong contender for reliable term life insurance.
| 1 | Mutual of Omaha | $59 | 90 |
| 2 | Nationwide | $62 | 89 |
| 3 | AAA | $64 | 88 |
| 4 | Protective | $81 | 88 |
| 5 | Prudential | $46 | 88 |
| 6 | Transamerica | $57 | 87 |
| 7 | State Farm | $76 | 85 |
| 8 | Allstate | $75 | 85 |
| 9 | Haven | $96 | 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 is the top choice for life insurance for young adults in Aurora. It has a MoneyGeek score of 92 and an average monthly premium of $7 for men and women. Protective's high MoneyGeek score is attributed to its affordability, customer satisfaction and financial stability.
Age plays a crucial role in determining life insurance premiums, with younger adults typically benefiting from lower costs. Choosing the best term life insurance for young adults is essential for securing financial protection at a reasonable cost.
| 1 | Protective | $7 | 92 |
| 2 | Mutual of Omaha | $9 | 91 |
| 3 | Nationwide | $9 | 89 |
| 4 | AAA | $10 | 88 |
| 5 | Transamerica | $10 | 87 |
| 6 | Prudential | $10 | 86 |
| 7 | Haven | $11 | 85 |
| 8 | Allstate | $14 | 84 |
| 9 | State Farm | $17 | 84 |
| 10 | Bestow | $15 | 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.
For those seeking the best cheap term life insurance in Aurora, Protective stands out with a MoneyGeek score of 92 and an average monthly premium of $12 for men and women. Protective's high MoneyGeek score reflects its affordability, customer satisfaction and financial stability.
Various factors influence life insurance premiums, including age, health, coverage amount and term length. To get the lowest premiums, maintain a healthy lifestyle, choose a shorter term and opt for a higher deductible if possible.
| 1 | Protective | $12 | 92 |
| 2 | Nationwide | $15 | 91 |
| 3 | Mutual of Omaha | $14 | 90 |
| 4 | AAA | $17 | 89 |
| 5 | Transamerica | $16 | 88 |
| 6 | Prudential | $15 | 88 |
| 7 | Haven | $19 | 84 |
| 8 | Allstate | $22 | 84 |
| 9 | State Farm | $27 | 82 |
The average monthly cost of term life insurance in Aurora is $21 for women and $25 for men.
Several factors affect the cost of life insurance premiums. Age, health, lifestyle and occupation play significant roles. The amount of coverage and the type of policy also influence the cost.
In Aurora, life insurance premiums might be higher or lower than the rest of Illinois for various reasons. Local health statistics, crime rates and economic factors can impact insurance costs. Additionally, the level of competition among insurance providers in Aurora may affect premium rates. Understanding these factors can help consumers make informed decisions about their life insurance needs.
Protective has the best life insurance for men in Aurora, with a MoneyGeek score of 92 out of 100. This score reflects the company's strong financial stability and customer satisfaction.
The average monthly premium for the best life insurance for men in Aurora, provided by Protective, is $25. This cost is competitive and offers good value.
Protective also offers the best life insurance for women in Aurora, with a MoneyGeek score of 92 out of 100. This score indicates a reliable option for women seeking life insurance.
The average monthly premium cost for the best life insurance for women in Aurora, provided by Protective, is $22. This rate is affordable and reflects the company's strong performance in various metrics.
Life insurance in Aurora is generally similar to that in the rest of Illinois. Protective offers competitive rates and has high MoneyGeek scores in both areas. However, individual policy details and premiums can vary based on personal factors such as age and health.
If a life insurance company goes bankrupt in Aurora, policyholders are protected by state regulations. The Illinois Life and Health Insurance Guaranty Association ensures that policies are honored up to certain limits, providing a safety net for consumers.
Aurora residents might need life insurance for financial protection. It can help cover expenses such as mortgages, education costs and daily living expenses. Life insurance offers security, knowing that loved ones will be financially covered.
To find a lost life insurance policy in Aurora, residents can contact the Illinois Department of Insurance. It provides resources and tools to help locate missing policies. Additionally, checking with the National Association of Insurance Commissioners can be helpful.
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.
