Updated: November 21, 2024
Advertising & Editorial Disclosure
Protective is the best life insurance provider in Boulder, Colorado, for both men and women. The MoneyGeek score for men is 92 out of 100, with an average monthly premium of $34. For women, the MoneyGeek score is 92, with an average monthly premium of $29. These scores and rates are based on a 20-year term policy with $500,000 coverage.
Different factors influence life insurance decisions. 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 Boulder, Colorado.
Coverage costs and company information for life insurance providers were updated in October 2024.
BestLife InsuranceBoulder, COBest Life Insurance Companies in Boulder
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 is the best life insurance provider in Boulder for both men and women, with a MoneyGeek score of 92 and an average monthly premium of $34 and $29, respectively.
Top providers for men:
Top providers for women:
Protective stands out due to its affordable premiums. It's a reliable choice for the average individual seeking life insurance in Boulder.
Protective is the best choice for men and women seeking the best life insurance in Boulder. With a MoneyGeek score of 92 for each, Protective offers a balance of quality and affordability, with monthly premiums of $29 for women and $34 for men.
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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 Boulder, Protective stands out for both men and women. It has a MoneyGeek score of 92 and monthly premiums of $16 and $15, respectively.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance offers coverage for a specified period, providing a death benefit if the insured passes away during the term. It is often chosen over permanent life insurance for its affordability and simplicity. For instance, a parent might opt for term life insurance to ensure their child's educational expenses are covered until graduation.
Protective stands out as the premier choice for term life insurance for men and women in Boulder, boasting a MoneyGeek score of 92. With a monthly premium of $16 and $15, respectively, it offers a balance of value and security.
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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 stands out for those seeking the best whole life insurance, Protective in Boulder for both men and women, with a MoneyGeek score of 92.
Whole life insurance is a permanent policy that remains in effect for the insured's lifetime, provided premiums are paid. For example, someone might choose whole life insurance over term life insurance for the added benefit of accumulating cash value, which can be borrowed against if needed.
Protective is the premier choice for whole life insurance in Boulder, offering robust coverage for both men and women. With MoneyGeek scores of 92 for each, Protective ensures comprehensive protection and peace of mind.
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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 offers the best universal life insurance. in Boulder for both men and women, with a MoneyGeek score of 91.
Universal life insurance offers a flexible premium and death benefit, which can be appealing for those seeking lifetime coverage with an investment savings element. For example, someone interested in long-term estate planning might choose universal life insurance to ensure their beneficiaries are financially secure.
Protective provides the best universal life insurance in Boulder for both men and women. With a MoneyGeek score of 91, Protective demonstrates a strong commitment to customer satisfaction and affordability. Consumers can trust in its ability to offer reliable and diverse insurance products that meet their needs.
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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 best provider for individuals seeking life insurance without the hassle of a medical checkup. It boasts a MoneyGeek score of 91 for both men and women.
Best no-medical-exam life insurance in Boulder:
Life insurance without a medical exam allows individuals to obtain coverage quickly and without the need for a medical checkup. This can be particularly beneficial for those with health concerns or who require immediate coverage. For instance, someone with a chronic condition might opt for no-medical-exam insurance to avoid the possibility of being denied coverage or facing higher premiums.
Protective is the best provider of no-medical-exam life insurance for both men and women, boasting a MoneyGeek score of 91. It stands out for its commitment to customer satisfaction and affordability.
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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 Boulder, scoring 92 for men and 91 for women. Its average monthly premiums are $74 for men and $68 for women.
Age significantly influences life insurance premiums; as people age, the risk to insurers increases, which often leads to higher premiums. Protective's high MoneyGeek scores reflect its commitment to financial stability, customer satisfaction and product diversity, making it a top choice for individuals prioritizing quality and reliability in their life insurance selection.
| 1 | Protective | $74 | 92 |
| 2 | Mutual of Omaha | $83 | 91 |
| 3 | Nationwide | $74 | 90 |
| 4 | AAA | $96 | 88 |
| 5 | Allstate | $82 | 88 |
| 6 | Prudential | $72 | 88 |
| 7 | Transamerica | $91 | 87 |
| 8 | State Farm | $130 | 85 |
| 9 | Haven | $143 | 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 offers the best term life insurance for smokers in Boulder, with a MoneyGeek score of 90 for men and 88 for women. Men can expect an average monthly premium of $81, while women's premium is approximately $80.
Smoking significantly influences the cost of life insurance premiums, as insurers assess the higher health risks associated with tobacco use. Mutual of Omaha's top scores reflect its strong performance in customer satisfaction, affordability, financial stability and product diversity.
| 1 | Mutual of Omaha | $81 | 90 |
| 2 | Nationwide | $85 | 89 |
| 3 | AAA | $88 | 88 |
| 4 | Protective | $112 | 88 |
| 5 | Prudential | $64 | 88 |
| 6 | Transamerica | $79 | 87 |
| 7 | State Farm | $107 | 85 |
| 8 | Allstate | $133 | 84 |
| 9 | Haven | $133 | 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.
For those seeking the best term life insurance for young adults in Boulder, Protective stands out with a MoneyGeek score of 92 and a monthly premium of $10 for men and $9 for women.
Age significantly impacts life insurance premiums, with younger individuals typically benefiting from lower costs due to reduced health risks. Protective's high score is attributed to its strong affordability, customer satisfaction and financial stability. This makes it an excellent choice for young adults looking for reliable term life insurance in Boulder.
| 1 | Protective | $10 | 92 |
| 2 | Mutual of Omaha | $12 | 91 |
| 3 | Nationwide | $13 | 89 |
| 4 | AAA | $14 | 88 |
| 5 | Allstate | $12 | 87 |
| 6 | Transamerica | $13 | 86 |
| 7 | Prudential | $14 | 85 |
| 8 | Haven | $15 | 84 |
| 9 | State Farm | $21 | 84 |
| 10 | 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.
Protective offers the best cheap term life insurance in Boulder, with a MoneyGeek Score of 92 and monthly premiums of $16 for men and $15 for women.
Age, health and coverage all influence the cost of life insurance. To get the lowest premiums, you should strive to maintain good health, avoid tobacco use and compare quotes from different insurers.
| 1 | Protective | $16 | 92 |
| 2 | Nationwide | $20 | 91 |
| 3 | Mutual of Omaha | $19 | 90 |
| 4 | Allstate | $20 | 89 |
| 5 | AAA | $22 | 88 |
| 6 | Transamerica | $21 | 88 |
| 7 | Prudential | $22 | 87 |
| 8 | Haven | $26 | 83 |
| 9 | State Farm | $33 | 82 |
The average monthly premium for term life insurance in Boulder is $27 for women and $32 for men.
Several factors can affect the cost of life insurance premiums, including age, health, lifestyle and occupation. Insurers assess risk based on these factors to determine the premium amount.
Life insurance costs in Boulder might differ from the rest of Colorado for various reasons. Local health statistics, cost of living, and economic conditions can influence these differences. For instance, if Boulder has a higher average life expectancy or healthier population, premiums might be lower. Conversely, higher living costs or economic factors could lead to higher premiums.
Protective has the best life insurance in Boulder for men with a MoneyGeek score of 92. This score reflects its strong customer satisfaction, affordability and financial stability.
The monthly premium cost for the best life insurance for men in Boulder is $34.
Protective offers the best life insurance in Boulder for women. With a MoneyGeek score of 92, it stands out for its customer satisfaction, affordability and financial stability.
The monthly premium cost for the best life insurance for women in Boulder is $29.
Life insurance in Boulder may differ from the rest of Colorado in terms of premium costs and company ratings. For example, Protective offers competitive rates and high customer satisfaction scores in Boulder. Residents should compare these factors to statewide options to ensure they get the best coverage.
If a life insurance company goes bankrupt in Boulder, policyholders are typically protected by state guaranty associations. These associations step in to cover claims up to a certain limit, ensuring that policyholders do not lose their coverage entirely.
Boulder residents might need life insurance to provide financial security for their families, cover debts, or ensure their children’s education. Life insurance can also help with estate planning and provide peace of mind knowing that loved ones will be taken care of.
To find a lost life insurance policy in Boulder, start by checking with the deceased’s financial advisor, attorney, or employer. You can also contact the Colorado Division of Insurance or use online search tools to locate 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.
