Best Life Insurance in Bellevue, WA (August 2024)

Based on MoneyGeek scores, Protective is the best life insurance company in Bellevue, Washington, for men and women. It has a MoneyGeek score of 92 for both genders; average monthly premiums are $60 for men and $40 for women. The score and premium costs are based on a 20-year term policy with $500,000 coverage.

When deciding on life insurance, consider various factors such as coverage amount, term length and health status. Your unique needs may mean a different company is best for you.

Protective offers the best life insurance in Bellevue for men and women, with a MoneyGeek score of 92 for both. Its average monthly premium is $60 for men and $40 for women. Its high score makes Protective a top choice for individuals seeking dependable and affordable life insurance coverage.

Top providers for men:

• Protective: MoneyGeek score of 92 out of 100 at $60 per month for men
• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $68 per month for men

Top providers for women:

• Protective: MoneyGeek score of 92 out of 100 at $40 per month for women
• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $45 per month for women

Protective stands out for its high MoneyGeek score and competitive premiums, making it an excellent choice for the average individual looking to purchase life insurance in Bellevue. Its combination of affordability and reliability ensures comprehensive coverage without breaking the bank.

In Bellevue, Protective provides the best term life insurance for men and women, with a MoneyGeek score of 92 for both. Its average monthly premium is $29 for men and $21 for women. The company's high score reflects its commitment to affordability, customer satisfaction and financial stability, which are key for individuals looking for reliable term life insurance coverage.

The top two term life insurance companies for men are:

• Protective: MoneyGeek score of 92 out of 100 at $29 per month for men
• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $34 per month for men

For women, the top two are:

• Protective: MoneyGeek score of 92 out of 100 at $21 per month for women
• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $27 per month for women

Term life insurance provides coverage for a set period, making it a straightforward choice for those who need temporary financial protection. For instance, a parent with young children might opt for term insurance to ensure their educational needs are covered in case of an untimely death. Term life insurance offers a simple and cost-effective solution for those seeking to protect their loved ones financially without the commitment of a permanent policy.

In Bellevue, Protective offers the best whole life insurance, with a MoneyGeek score of 92 for men and women. This score reflects the company's commitment to affordability, customer satisfaction and financial stability, making it a sound choice for the average individual seeking life-long coverage and security in financial planning.

Top whole life companies for men in Bellevue:

• Protective: MoneyGeek score of 92 out of 100 for men
• Mutual of Omaha: MoneyGeek score of 91 out of 100 for men

Top whole life companies for women in Bellevue:

• Protective: MoneyGeek score of 92 out of 100 for women
• Mutual of Omaha: MoneyGeek score of 91 out of 100 for women

Whole life insurance is a permanent policy that provides a death benefit and accumulates cash value over time. It's a suitable option for those who want predictable premiums and a guaranteed payout, ensuring long-term financial security for their beneficiaries.

In Bellevue, Protective provides the best universal life insurance, with a MoneyGeek score of 91 for men and women. This score highlights the company's strong performance in affordability, customer satisfaction and financial stability.

Best universal life insurance for men:

• Protective: MoneyGeek score of 91 out of 100 for men
• Mutual of Omaha: MoneyGeek score of 90 out of 100 for men

Best for women's universal life insurance:

• Protective: MoneyGeek score of 91 out of 100 for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 for women

Universal life insurance offers policyholders the flexibility to modify their premiums and death benefits. For instance, individuals may opt for universal life insurance instead of term life insurance to take advantage of the policy's cash value component, which can serve as a tax-deferred investment or be used to pay premiums in the future.

Protective offers the best no-medical-exam life insurance in Bellevue for men and women, with a MoneyGeek score of 91 for both. This high score indicates that Protective offers a strong combination of affordability, customer satisfaction and financial stability, making it an excellent choice for the average individual seeking a straightforward life insurance policy without the hassle of a medical exam.

Best no-medical-exam life insurance for men:

• Protective: MoneyGeek score of 91 out of 100 for men
• Mutual of Omaha: MoneyGeek score of 90 out of 100 for men

Best life insurance for women that does not require a medical exam:

• Protective: MoneyGeek score of 91 out of 100 for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 for women

Life insurance with no required medical exam allows individuals to secure a policy quickly and without needing a medical check-up. It can be particularly advantageous for those with health concerns or a busy lifestyle. For example, a busy parent or someone with a pre-existing condition might choose this type of insurance to ensure they can obtain coverage in a timely and less invasive manner.

For the best term life insurance for seniors in Bellevue, Protective stands out for men and women. For men, it has a MoneyGeek score of 92 and an average annual premium of $132. For women, it has a MoneGeek score of 91 and a monthly premium of around $96. Protective provides a balance of affordability and quality coverage.

Age is a significant factor in life insurance costs. Premiums typically increase with the policyholder's age due to the higher risk associated with insuring older individuals. Protective's high MoneyGeek score reflects strong customer satisfaction, a smooth buying process and robust financial stability, making it a reliable choice for seniors seeking financial security.

Mutual of Omaha offers the best term life insurance for smokers in Bellevue, with a MoneyGeek score of 90 for men and 89 for women. Men pay an average monthly premium of $145, while women pay $111.

Smoking impacts life insurance premiums significantly due to the elevated health risks it poses. Insurers assess these risks and adjust costs accordingly. Mutual of Omaha's high MoneyGeek score reflects strong customer satisfaction, financial stability and product diversity. This information is critical for smokers in Bellevue seeking dependable coverage.

If you're looking for the best term life insurance for young adults in Bellevue, Protective tops the list for men and women, with a MoneyGeek score of 92 for both. Its average monthly premium is $17 for men and $13 for women.

Age is a significant factor in determining life insurance premiums. Younger adults typically pay lower premiums because they are generally healthier and pose less risk to insurers. Protective's high MoneyGeek score reflects its strong customer satisfaction, affordability and financial stability. For young adults in Bellevue, choosing Protective means getting reliable coverage at a competitive price.

If you're looking for the best cheap term life insurance in Bellevue, Protective stands out with a MoneyGeek score of 92 and average monthly premiums of $21 for women and $29 for men. Protective achieves the highest MoneyGeek score due to its affordability, customer satisfaction and financial stability.

The cost of life insurance premiums can vary based on several factors, including age, health, coverage amount and term length. To get the lowest premiums, maintain a healthy lifestyle, avoid tobacco and choose a term length that meets your needs without overextending.

The average cost of term life insurance in Bellevue is $39 for women and $60 for men.

Many factors affect the cost of life insurance premiums, including age, health, lifestyle, policy term and coverage amount. In Bellevue, local health statistics, cost of living, crime rates and economic conditions might influence the cost of premiums compared to the rest of Washington. Understanding these factors can help consumers make informed decisions about their life insurance needs.