Updated: November 22, 2024
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Protective is the best life insurance company in Centennial, Colorado, for men and women. It has a MoneyGeek score of 92 out of 100 for both genders. Its average monthly premium is $42 for men and $34 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 your age, health and financial needs. 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 Centennial, Colorado.
Coverage costs and company information for life insurance providers were updated in October 2024.
BestLife InsuranceCentennial, COBest Life Insurance Companies in Centennial
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.
In Centennial, Protective is the best life insurance provider for men and women, with a MoneyGeek score of 92 out of 100 for each. Its average monthly premium is $42 for men and $34 for women. Protective is a top choice for life insurance due to its balanced offering of affordability, customer satisfaction and financial stability.
Top providers for men:
Top providers for women:
Protective is the best option for the average individual looking to purchase life insurance in Centennial. Its high MoneyGeek score reflects a strong balance of affordability, customer satisfaction and financial stability.
Protective is the best life insurance provider in Centennial for men and women, with a MoneyGeek score of 92 for each. For men, the average monthly premium is $42, while women benefit from a slightly lower monthly cost of around $34. This company stands out for its high ratings across multiple categories, indicating a strong balance of price, satisfaction and stability.
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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 Centennial, Protective provides the best term life insurance for men and women, with a MoneyGeek score of 92 for each. Its average monthly premium is $20 for men and $18 for women. Protective's high score reflects its strong performance across various metrics, suggesting reliability and value for the average individual seeking term life insurance.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance is a policy that provides coverage for a specified period. For instance, a parent might choose term insurance to ensure their child's education expenses are covered in the event of their untimely passing.
Protective is the premier provider of term life insurance for men and women in Centennial, with a MoneyGeek score of 92. Men can secure coverage at an average monthly premium of $20, while women are quoted around $18 per month. The company ensures affordability without compromising on quality service.
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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.
In Centennial, Protective is the best whole life insurance provider for men and women, with a MoneyGeek score of 92 for each. Choosing Protective excels in customer satisfaction, financial stability and product diversity. This makes it a reliable choice for individuals seeking a robust financial safety net through whole life insurance.
Top whole life companies for men in Centennial:
Top whole life companies for women in Centennial:
Whole life insurance is a permanent policy that provides coverage for the insured's entire lifetime. It can be an excellent choice for those who wish to leave a legacy or have long-term financial dependents. For example, a parent might choose whole life insurance to ensure their child with special needs has financial support no matter how long the parent lives.
Protective is the premier choice for the best whole life insurance for men and women in Centennial. With a MoneyGeek score of 92 for each gender, Protective stands out for its commitment to customer satisfaction and 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.
For those seeking the best universal life insurance in Centennial, Protective stands out with a MoneyGeek score of 91 for men and women. This score reflects a solid combination of affordability, customer satisfaction, buying process, financial stability and product diversity.
Best universal life insurance for men:
Best for women's universal life insurance:
Universal life insurance offers flexibility in premiums and benefits, making it a suitable option for long-term financial planning. For example, someone might prefer universal life insurance for its potential cash value accumulation, which can be a beneficial financial tool over time.
Protective is the leading provider for men and women seeking universal life insurance in Centennial. With a MoneyGeek score of 91 for both genders, Protective 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 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.
For those seeking the best no-medical-exam life insurance in Centennial, Protective stands out with a MoneyGeek score of 91 for men and women. This score indicates that Protective is a reliable choice for consumers prioritizing customer satisfaction and financial stability.
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 coverage without undergoing a health examination. For example, someone with a busy schedule or a fear of medical procedures might opt for this type of insurance for its convenience.
In Centennial, Protective is the premier choice for life insurance with no mandatory medical exam. It has a MoneyGeek score of 91 for men and women, indicating a strong alignment with customer needs and financial reliability.
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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.
In Centennial, Protective provides the best term life insurance for seniors. For men, it has a MoneyGeek score of 92 and an average monthly premium of $91. For women, it has a MoneyGeek score of 91 and a monthly premium of around $80.
Age is a determining factor in life insurance premiums; as the risk increases with age, so does the cost. Protective's high MoneyGeek scores reflect its commitment to customer satisfaction, a seamless buying process and financial stability, which are crucial for seniors seeking reliable life insurance coverage.
| 1 | Protective | $91 | 92 |
| 2 | Mutual of Omaha | $103 | 91 |
| 3 | Nationwide | $92 | 90 |
| 4 | AAA | $119 | 88 |
| 5 | Allstate | $102 | 88 |
| 6 | Prudential | $90 | 88 |
| 7 | Transamerica | $113 | 87 |
| 8 | State Farm | $161 | 85 |
| 9 | Haven | $177 | 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 Centennial, Mutual of Omaha is the best term life insurance for smokers, with a MoneyGeek score of 90 for men and 88 for women. Its average monthly premiums are $101 and $94, respectively.
Smoking significantly affects life insurance premiums, as insurers view smokers as higher risk due to health concerns associated with tobacco use. Mutual of Omaha excels in affordability, customer satisfaction and financial stability, making it a top choice for those seeking reliable coverage despite the higher premiums smokers face.
| 1 | Mutual of Omaha | $101 | 90 |
| 2 | Nationwide | $105 | 89 |
| 3 | AAA | $109 | 88 |
| 4 | Protective | $139 | 88 |
| 5 | Prudential | $79 | 88 |
| 6 | Transamerica | $99 | 87 |
| 7 | State Farm | $133 | 85 |
| 8 | Allstate | $166 | 84 |
| 9 | Haven | $165 | 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 offers the best term life insurance for young adults in Centennial, with a MoneyGeek score of 92 for men and women. Its average monthly premiums are $12 and $11, respectively.
Age significantly impacts life insurance premiums, with younger individuals typically paying lower rates. Protective's high MoneyGeek score reflects its affordability, customer satisfaction and financial stability. These factors are crucial for young adults seeking reliable term life insurance.
| 1 | Protective | $12 | 92 |
| 2 | Mutual of Omaha | $15 | 91 |
| 3 | Nationwide | $16 | 89 |
| 4 | AAA | $17 | 88 |
| 5 | Allstate | $15 | 87 |
| 6 | Transamerica | $16 | 86 |
| 7 | Prudential | $18 | 85 |
| 8 | Haven | $19 | 84 |
| 9 | State Farm | $26 | 84 |
| 10 | Bestow | $26 | 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 the best cheap term life insurance in Centennial, Protective is the leading provider for men and women. It has a MoneyGeek score of 92 for both genders. Its average monthly premium is $20 for men and $18 for women. Protective excels in customer satisfaction and financial stability.
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 | $20 | 92 |
| 2 | Nationwide | $24 | 91 |
| 3 | Mutual of Omaha | $24 | 90 |
| 4 | Allstate | $25 | 89 |
| 5 | AAA | $28 | 88 |
| 6 | Transamerica | $27 | 88 |
| 7 | Prudential | $27 | 87 |
| 8 | Haven | $33 | 83 |
| 9 | State Farm | $41 | 82 |
In Centennial, the average monthly premium for term life insurance is $31 for women and $40 for men.
Several factors influence the cost of life insurance premiums, including age, health, lifestyle choices, occupation and the specifics of the policy chosen. For instance, younger individuals or those in good health typically pay lower premiums. Conversely, high-risk occupations or unhealthy lifestyle choices can drive up costs.
The cost of life insurance in Centennial may be higher or lower than in the rest of Colorado for various local factors. Economic conditions, health statistics and lifestyle trends in Centennial can all play a role in determining insurance rates. Regional differences in health care access and average income levels may also impact the cost of premiums. Understanding these factors can help you make informed decisions about your life insurance needs.
Protective offers the best life insurance for men in Centennial, with a MoneyGeek score of 92 out of 100. This score reflects the company's strong performance in affordability, customer satisfaction and financial stability.
The average monthly premium for the best life insurance for men in Centennial is $42. This cost is based on a 20-year term policy for non-smokers in the 31 to 40 age group with excellent health.
Protective offers the best life insurance for women in Centennial, with a MoneyGeek score of 92 out of 100. This score indicates the company's high marks in affordability, customer satisfaction and financial stability.
The average monthly premium for the best life insurance for women in Centennial is $34. This cost is for a 20-year term policy for non-smokers in the 31 to 40 age group with excellent health.
Life insurance in Centennial does not differ significantly from the rest of Colorado. The same companies and policies are available throughout the state. However, local factors such as health statistics and cost of living might slightly influence premiums.
If a life insurance company goes bankrupt in Centennial, state guaranty associations typically step in to protect policyholders. These associations ensure that policyholders receive their benefits up to certain limits. It is important to check the specific coverage limits and regulations of the Colorado Life and Health Insurance Protection Association.
Centennial residents might need life insurance to provide financial security for their families, cover funeral expenses and pay off debts. Life insurance can also help with future expenses such as children's education. It ensures that loved ones are not burdened with financial stress in the event of the policyholder's death.
To find a lost life insurance policy in Centennial, start by contacting the insurance company directly. If that is not possible, use online databases such as the National Association of Insurance Commissioners' Life Insurance Policy Locator. You can also reach out to the Colorado Division of Insurance for assistance.
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.
