Updated: November 21, 2024
Advertising & Editorial Disclosure
Protective is the best life insurance company for men and women in Clearwater, Florida. It has a MoneyGeek score of 92 for both genders. Its average monthly premium is $28 for men and $24 for women. These scores and premium costs are based on a 20-year term policy with $500,000 coverage.
Different factors should be considered when deciding what type of life insurance to buy. 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 Clearwater, Florida.
Coverage costs and company information for life insurance providers were updated in August 2024.
BestLife InsuranceClearwater, FLBest Life Insurance Companies in Clearwater
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 Clearwater, Protective offers the best life insurance for men and women, with a MoneyGeek score of 92 for both genders. Its average monthly premium is $28 for men and $24 for women.
Top providers for men:
Top providers for women:
Protective stands out for its high MoneyGeek score, indicating strong performance in affordability, customer satisfaction and financial stability. This makes it a reliable choice for anyone purchasing life insurance in Clearwater.
Protective is the best life insurance provider for men and women in Clearwater, with a MoneyGeek score of 92 for both. The average monthly premium for women is $24, while men pay around $28. Protective's high scores reflect its dedication 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 term life insurance companies:
Quotes gathered were for a $250K life insurance policy with a 10-year term.
In Clearwater, Protective is the best term life insurance provider. For men, it has a MoneyGeek score of 92 and an average monthly premium of $13. For women, it has a score of 91 and a monthly premium of about $12. This company offers competitive rates and a high customer satisfaction score, making it an attractive choice for individuals seeking term life insurance coverage.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance is a simple form of life insurance that provides coverage at a fixed rate of payments for a limited period, known as the term. A parent might choose term insurance to ensure their children's financial stability until they reach adulthood.
Protective is the top choice for men and women seeking the best term life insurance in Clearwater, with a MoneyGeek score of 92 for both genders. The average monthly premium for men is $13, while women pay around $12. These rates reflect the company's commitment to providing value to its customers without compromising on quality coverage.
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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 best whole life insurance provider in Clearwater, with a MoneyGeek score of 92 for both men and women. This score reflects the company's commitment to affordability, customer satisfaction and financial stability, which are key factors for individuals seeking reliable life insurance coverage.
Top whole life companies for men in Clearwater:
Top whole life companies for women in Clearwater:
Whole life insurance is a permanent policy that provides lifelong coverage and a cash value component that can grow over time. For instance, someone might choose whole life insurance to ensure their family's financial stability or to leave a legacy, as the policy's cash value can serve as a savings vehicle.
Protective is the best choice for whole life insurance in Clearwater, catering to men and women. With a MoneyGeek score of 92 for both genders, the company’s high scores reflect a strong performance in key areas valued by consumers seeking reliable insurance coverage.
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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.
In Clearwater, Protective offers the best universal life insurance. The company's MoneyGeek score of 91 for men and women reflects its strong performance across various metrics, including affordability, customer satisfaction and financial stability. Protective is a solid choice for the average individual seeking reliable life insurance coverage.
Best universal life insurance for men:
Best for women's universal life insurance:
Universal life insurance is a flexible policy that allows policyholders to adjust their premiums and death benefits. It can be an attractive option for those who want the potential to build cash value over time, which can be used to cover premiums or even withdrawn during their lifetime. For instance, someone might choose universal life insurance for its ability to adapt to their changing financial needs, unlike more rigid term life policies.
Protective is the best universal life insurance provider in Clearwater for men and women, with a MoneyGeek score of 91 for both. This score reflects the company's strong balance of affordability, 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.
In Clearwater, Protective provides the best life insurance with no mandated medical exam for men and women. Its MoneyGeek score of 91 for both genders reflects a balance of affordability, customer satisfaction and financial stability. This blend makes Protective a solid choice for individuals prioritizing a straightforward insurance buying process without a medical exam.
Best no-medical-exam life insurance for men:
Best life insurance for women that does not require a medical exam:
Life insurance without a medical exam requirement allows individuals to obtain coverage quickly and without the need for a medical check-up. This can be particularly beneficial for those with health concerns or who require immediate coverage. For example, a person with a chronic condition might choose no medical exam insurance to avoid the potential of being denied coverage or facing exorbitant rates due to their health status.
In Clearwater, Protective is the premier choice for men and women seeking life insurance without the hassle of a medical exam. The company's MoneyGeek score of 91 for both genders reflects a balance of affordability, customer satisfaction and financial stability. Protective's commitment to these areas underscores its position as a leader in the insurance market.
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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 provides the best term life insurance for seniors in Clearwater, with a MoneyGeek Score of 91 for both men and women. Men can expect a monthly premium of about $55, while women are looking at approximately $51.
Age significantly influences life insurance premiums; older individuals are likely to pay more due to the increased risks associated with age. Protective's high MoneyGeek score reflects a robust combination of affordability, customer satisfaction and financial stability. It is a wise choice for seniors who prioritize both cost and quality in their insurance selection.
| 1 | Protective | $55 | 91 |
| 2 | Mutual of Omaha | $60 | 91 |
| 3 | Nationwide | $56 | 90 |
| 4 | Allstate | $49 | 89 |
| 5 | AAA | $70 | 88 |
| 6 | Transamerica | $56 | 87 |
| 7 | Prudential | $73 | 85 |
| 8 | State Farm | $95 | 84 |
| 9 | Haven | $110 | 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 those seeking the best term life insurance for smokers in Clearwater, Mutual of Omaha stands out for both men and women, with a MoneyGeek score of 91 and 90, respectively. The monthly premiums are approximately $36 for men and $33 for women.
Smoking influences life insurance premiums significantly due to the associated health risks, often leading to higher costs for smokers. Mutual of Omaha's top position reflects its balance of affordability, customer satisfaction and financial stability. It is a compelling choice for individuals who want dependable coverage despite the higher risk profile that smoking entails.
| 1 | Mutual of Omaha | $36 | 91 |
| 2 | Nationwide | $42 | 89 |
| 3 | AAA | $40 | 89 |
| 4 | Transamerica | $32 | 88 |
| 5 | Protective | $53 | 88 |
| 6 | Prudential | $34 | 87 |
| 7 | State Farm | $49 | 86 |
| 8 | Allstate | $49 | 85 |
| 9 | Haven | $65 | 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 the best term life insurance for young adults in Clearwater, Protective stands out with a MoneyGeek score of 92 for men and women. The average monthly premium is $8 for men and $7 for women.
Age plays a significant role in determining life insurance premiums. Younger adults generally benefit from lower premiums due to their lower risk profiles. Protective's high MoneyGeek score reflects its strong performance in key areas such as affordability, customer satisfaction and financial stability. This makes Protective an excellent choice for young adults seeking reliable term life insurance in Clearwater.
| 1 | Protective | $8 | 92 |
| 2 | Mutual of Omaha | $9 | 91 |
| 3 | Nationwide | $10 | 90 |
| 4 | AAA | $10 | 89 |
| 5 | Allstate | $8 | 89 |
| 6 | Transamerica | $8 | 88 |
| 7 | State Farm | $16 | 86 |
| 8 | Haven | $12 | 86 |
| 9 | Prudential | $15 | 85 |
| 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 Clearwater, Protective is the top choice for men and women. The company offers excellent value, with a MoneyGeek score of 92 for men and 91 for women; its average monthly premiums are $13 and $12, respectively. Protective stands out due to its affordability, high customer satisfaction and strong financial stability, making it a reliable choice for Clearwater residents.
Various factors influence life insurance premiums, including age, health, coverage amount and term length. To get the lowest premiums, maintain good health, choose a shorter term length and opt for a higher coverage amount.
| 1 | Protective | $13 | 92 |
| 2 | Allstate | $12 | 91 |
| 3 | Nationwide | $15 | 91 |
| 4 | Mutual of Omaha | $14 | 90 |
| 5 | Transamerica | $13 | 90 |
| 6 | AAA | $16 | 88 |
| 7 | Haven | $20 | 83 |
| 8 | State Farm | $25 | 82 |
| 9 | Prudential | $22 | 82 |
In Clearwater, Florida, the average monthly premium for term life insurance is $26 for men and $22 for women.
Several factors affect the cost of life insurance premiums, including age, health, lifestyle and the amount of coverage you choose. Each of these elements can significantly impact your monthly premium.
The cost of life insurance in Clearwater may be higher than in the rest of Florida due to local health statistics, economic conditions and specific risk factors. For instance, higher rates of certain health conditions or a higher cost of living in Clearwater can increase premiums. Conversely, lower local risk factors could result in more affordable insurance options. Understanding these variables can help you make more informed decisions when purchasing life insurance.
Protective offers the best life insurance in Clearwater for men, with a MoneyGeek score of 92 out of 100. The company stands out for its excellent affordability and customer satisfaction scores.
The average monthly premium for the best life insurance for men in Clearwater is $28. This cost reflects Protective's competitive pricing for its high-rated life insurance policies.
Protective provides the best life insurance in Clearwater for women, with a MoneyGeek score of 92 out of 100. This company is noted for its strong affordability and customer satisfaction ratings.
The average monthly premium for the best life insurance for women in Clearwater is $24. Protective offers this rate, making it a top choice for women seeking life insurance.
Life insurance in Clearwater is similar to the rest of Florida. Clearwater residents have access to the same companies and policies as other Floridians. The main difference may be slight variations in premium costs due to local factors.
If a life insurance company goes bankrupt in Clearwater, policies are generally protected by guaranty associations in Florida. These associations ensure that policyholders receive coverage up to certain limits.
Clearwater residents need life insurance to provide financial security for their dependents. Life insurance can cover funeral expenses, pay off debts and replace lost income. It also ensures that loved ones are financially supported in the event of the policyholder's death.
To find a lost life insurance policy in Clearwater, residents can check with the Florida Department of Financial Services. They can also use national databases like the National Association of Insurance Commissioners' Life Insurance Policy Locator. Directly contacting the insurance company may also help.
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.
