Updated: November 21, 2024
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In Burbank, California, Protective is the best life insurance provider for both men and women. The MoneyGeek score for men is 92 out of 100, with an average monthly premium of $36. For women, the MoneyGeek score is 91, with an average monthly premium of $32.
Different factors influence life insurance decisions, and these scores and premium costs are based on a 20-year term policy with $500,000 coverage. 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 Burbank, California.
Coverage costs and company information for life insurance providers were updated in September 2024.
BestLife InsuranceBurbank, CABest Life Insurance Companies in Burbank
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 Burbank for both men and women with a MoneyGeek score of 92 and an average monthly premium of $36 for men, and a score of 91 with a monthly premium of $32 for women.
Top providers for men:
Top providers for women:
Protective stands out for its high MoneyGeek scores and low monthly premiums, making it the best option for anyone looking to purchase life insurance in Burbank.
Protective is the best life insurance in Burbank for both men and women. It offers a blend of high customer satisfaction and affordability. With a MoneyGeek score of 91 for women and 92 for men, Protective offers policies at monthly premiums of $32 for women and $36 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.
In Burbank, Protective is the best term life insurance provider for both men and women. It boasts a MoneyGeek score of 92 and average monthly premiums of $19 for men and $18 for women. Choosing Protective means opting for a company that excels in customer satisfaction, financial stability and product diversity.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance is a straightforward protection plan that covers individuals for a specified period, providing a death benefit to beneficiaries if the insured person passes away during the term. For instance, a parent might opt for term life insurance to ensure their child's educational expenses are covered until graduation.
Protective is the leading provider of term life insurance for men and women in Burbank. It has a MoneyGeek score of 92 and monthly premiums of $19 for men and $18 for women. With a stellar MoneyGeek score of 92, Protective stands out as the leading provider of term life insurance for men in Burbank.
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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 Burbank for both men and women, boasting a MoneyGeek score of 92. It offers customer satisfaction and financial stability.
Whole life insurance provides lifelong coverage and includes an investment component that can grow over time. Some people prefer whole life insurance to ensure their family's financial security regardless of how long they live rather than risk outliving a term policy.
Protective is the best provider of whole life insurance in Burbank for both men and women, with a MoneyGeek score of 92 for each. This score reflects a blend of high customer satisfaction, affordability and financial stability, making it a reliable choice for insurance seekers in the area.
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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 Burbank for both men and women, with a MoneyGeek score of 91. This top ranking reflects the company's commitment to affordability, customer satisfaction, and financial stability, which are key factors for individuals considering a life insurance policy that offers both a death benefit and a savings element.
Universal life insurance provides a unique combination of flexibility and security. Policyholders can adjust their premium payments and death benefits to suit changing life circumstances, making it an appealing option for those seeking a customizable approach to life insurance.
Protective is the leading provider of universal life insurance for both men and women, with a MoneyGeek score of 91 for both. This score reflects the company's commitment to excellence in customer service and product offerings.
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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.
In Burbank, Protective offers the best life insurance without a mandatory medical exam for both men and women, with a MoneyGeek score of 91.
Top providers of best no-medical-exam life insurance:
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 who require immediate coverage or have health issues that could complicate the underwriting process in traditional policies.
Protective stands out for its commitment to customer satisfaction and affordable premiums for both men and women needing life insurance. This company simplifies the search for reliable life insurance without the need for a medical exam.
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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 those in Burbank seeking the best term life insurance for seniors, Protective emerges as the top choice for both men and women. It boasts a MoneyGeek score of 91 for men with an average monthly premium of $87 and a score of 90 for women with a premium of $82.
Age impacts the cost of life insurance premiums; as individuals age, their risk of health issues increases, raising the cost of insurance. Protective's leading MoneyGeek score reflects its excellence in customer satisfaction, financial stability and product diversity.
| 1 | Protective | $87 | 91 |
| 2 | Mutual of Omaha | $97 | 91 |
| 3 | Nationwide | $82 | 90 |
| 4 | Allstate | $79 | 89 |
| 5 | Transamerica | $80 | 88 |
| 6 | AAA | $109 | 88 |
| 7 | Prudential | $84 | 87 |
| 8 | State Farm | $128 | 86 |
| 9 | Haven | $172 | 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.
For both men and women seeking the best term life insurance for smokers in Burbank, Mutual of Omaha stands out with a MoneyGeek score of 90 for men at an average monthly premium of $94, and 89 for women at $98.
Smokers face higher life insurance premiums due to the increased health risks associated with tobacco use. Mutual of Omaha's top scores reflect its strong performance across affordability, customer satisfaction and financial stability.
| 1 | Mutual of Omaha | $94 | 90 |
| 2 | Nationwide | $90 | 89 |
| 3 | AAA | $97 | 88 |
| 4 | Prudential | $74 | 88 |
| 5 | Transamerica | $87 | 87 |
| 6 | Protective | $152 | 87 |
| 7 | Haven | $93 | 86 |
| 8 | State Farm | $132 | 84 |
| 9 | Allstate | $129 | 84 |
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.
In Burbank, Protective offers the best term life insurance for young adults, with a MoneyGeek score of 92 and an average monthly premium of $11 for both men and women.
Age plays a crucial role in determining life insurance premiums, with younger adults generally benefiting from lower costs. Protective earns the highest MoneyGeek score due to its strong balance of affordability, customer satisfaction and financial stability.
| 1 | Protective | $11 | 92 |
| 2 | Mutual of Omaha | $14 | 91 |
| 3 | Nationwide | $13 | 90 |
| 4 | Allstate | $11 | 89 |
| 5 | Transamerica | $11 | 88 |
| 6 | AAA | $15 | 88 |
| 7 | Prudential | $17 | 85 |
| 8 | State Farm | $20 | 85 |
| 9 | Haven | $18 | 84 |
| 10 | Bestow | $24 | 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 Burbank, Protective stands out with a MoneyGeek score of 92 and average monthly premiums of $18 for women and $19 for men. Protective scores high due to its affordability, high customer satisfaction and financial stability.
Age, health, coverage amount and term length affect the cost of life insurance. To get the lowest premiums, maintain good health, choose a shorter term length, and consider a lower coverage amount.
| 1 | Protective | $19 | 92 |
| 2 | Allstate | $18 | 91 |
| 3 | Nationwide | $21 | 91 |
| 4 | Transamerica | $18 | 91 |
| 5 | Mutual of Omaha | $22 | 89 |
| 6 | AAA | $25 | 87 |
| 7 | Prudential | $25 | 85 |
| 8 | State Farm | $32 | 82 |
| 9 | Haven | $31 | 82 |
The average monthly premium for term life insurance in Burbank, California, is $29 for women and $33 for men. Knowing these rates can help consumers make informed decisions when purchasing life insurance.
Several factors affect the cost of life insurance premiums, including age, health, lifestyle and occupation. Insurance companies assess these factors to determine the risk associated with insuring an individual.
The cost of life insurance in Burbank might be higher or lower compared to other parts of California due to various reasons. Local economic conditions, health statistics and lifestyle trends can all influence insurance premiums. For instance, if Burbank has higher health care costs or a higher incidence of certain health conditions, premiums might be higher. Conversely, lower living costs or healthier lifestyle trends could result in lower premiums.
Protective offers the best life insurance for men in Burbank, with a MoneyGeek score of 92 out of 100.
The average monthly premium cost for the best life insurance for men in Burbank is $36.
Protective also provides the best life insurance for women in Burbank, with a MoneyGeek score of 91.
The average monthly premium cost for the best life insurance for women in Burbank is $32.
Life insurance in Burbank may have different premium rates and coverage options compared to other parts of California. For example, local factors such as cost of living and regional health statistics can influence insurance rates. Burbank residents might find that their premiums are tailored to reflect these local considerations, which can differ from statewide averages.
If a life insurance company goes bankrupt in Burbank, the policyholders are typically protected by state guaranty associations. These associations step in to cover claims up to certain limits, ensuring that policyholders do not lose their coverage. It is important to check the specific limits and protections provided by the California Life and Health Insurance Guarantee Association.
Burbank residents might need life insurance to provide financial security for their families. Life insurance can help cover living expenses, mortgage payments, and education costs in the event of the policyholder's death. It also offers peace of mind, knowing that loved ones will be financially supported.
To find a lost life insurance policy in Burbank, start by checking personal records and contacting the deceased's financial advisors or attorneys. You can also reach out to the California Department of Insurance for assistance. Additionally, online search tools and national databases can help locate unclaimed life insurance 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.
