Best Life Insurance in Davenport, IA (November 2024)

For women, the best life insurance provider in Davenport, Iowa is Protective with a MoneyGeek score of 92 and an average monthly premium of $30. For men, the top provider is Mutual of Omaha with a MoneyGeek score of 91 and a monthly premium of $45.

When deciding on life insurance, consider factors such as coverage amount, policy term, and your personal health and financial situation. 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.

If you are looking for the best life insurance in Davenport, Mutual of Omaha stands out for men with a MoneyGeek score of 91 and a monthly premium of $45, while Protective is the top choice for women with a MoneyGeek score of 92 and a monthly premium of $30. Here are the top providers for both men and women based on MoneyGeek scores:

Top providers for men:

• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $45 per month for men
• Protective: MoneyGeek score of 91 out of 100 at $47 per month for men

Top providers for women:

• Protective: MoneyGeek score of 92 out of 100 at $30 per month for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $38 per month for women

Mutual of Omaha and Protective offers competitive MoneyGeek scores, making them reliable choices for life insurance in Davenport. Their high scores reflect strong customer satisfaction, financial stability, and affordable premiums, making them suitable for the average individual looking to purchase life insurance.

In Davenport, Protective stands out as the best term life insurance provider for both men and women, boasting a MoneyGeek score of 91 and a monthly premium of $23 for men, and a score of 92 with a monthly premium of $16 for women. This company offers the highest overall value based on affordability, customer satisfaction and financial stability, making it a smart choice for individuals seeking reliable coverage without overpaying.

The top two term life insurance companies for men are:

• Protective: MoneyGeek score of 91 out of 100 at $23 per month for men
• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $22 per month for men

For women, the top two are:

• Protective: MoneyGeek score of 92 out of 100 at $16 per month for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $22 per month for women

Term life insurance is a straightforward policy that lasts for a set period, typically 10 to 30 years, providing a death benefit if the insured passes away during the term. For example, a young parent might choose term life insurance to ensure their child's financial security until they reach adulthood, without the higher costs associated with whole life insurance.

Protective emerges as the provider with the best whole life insurance in Davenport, boasting a MoneyGeek score of 92 for both men and women. This score reflects Protective's robust offerings and reliability, making it a top choice for individuals seeking comprehensive life insurance coverage. The average person in Davenport can benefit from Protective's competitive rates and customer service excellence, ensuring their long-term financial security is in capable hands. Here are the top performers:

Top whole life companies for men in Davenport:

• 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 Davenport:

• 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. Someone might choose best whole life insurance over term life insurance for its lifelong coverage and potential to grow cash value, which can be a financial asset during their lifetime.

The best universal life insurance provider in Davenport for both men and women is Protective, with a MoneyGeek score of 91. This score indicates that Protective offers a balanced combination of affordability, customer satisfaction and financial stability, making it an optimal choice for the average individual seeking a reliable universal life insurance policy.

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 universal life insurance for women:

• 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 is a flexible policy that combines life coverage with an investment savings element. For example, someone who wants the ability to adjust their premiums and death benefits over time may choose universal life insurance over a term or whole life policy.

Protective is the best life insurance without a medical exam provider in Davenport for both men and women, boasting a MoneyGeek score of 91. This score indicates a robust offering that combines affordability, customer satisfaction and financial stability, making it an excellent choice for the average individual in the market for this type of insurance policy. The top MoneyGeek scores for no medical exam life insurance are:

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

This type of life insurance is a policy that does not require a medical examination for approval, offering a quicker and more convenient option for coverage. For instance, someone with a busy schedule or a dislike of medical appointments might choose this insurance to ensure they are covered without the hassle of a traditional health assessment.

For men seeking the [best term life insurance for seniors]((https://www.moneygeek.com/insurance/life/best/seniors/) in Davenport, Mutual of Omaha leads with a MoneyGeek score of 91 and an average monthly premium of $92. Women find their top choice in Protective, boasting a similar MoneyGeek score of 91 and a more affordable average monthly premium of $70.

Age is a determining factor in life insurance premiums, with costs typically increasing as policyholders age. This reflects the higher risk insurers take on as the likelihood of paying out a claim increases with age. The highest MoneyGeek scores indicate a blend of affordability, customer satisfaction, and financial stability, crucial for seniors prioritizing security and value in their insurance selection.

For those seeking the best term life insurance for smokers in Davenport, Mutual of Omaha stands out with a MoneyGeek score of 90 for men and 88 for women, and an average monthly premium of $50 and $49, respectively. Smoking significantly influences life insurance premiums due to the associated health risks.

Insurers view smokers as higher risk, which typically results in higher premium costs. Mutual of Omaha's top scores reflect its balance of affordability, customer satisfaction, and financial stability, key factors for individuals prioritizing a reliable life insurance policy amidst the inherent risks of smoking.

For the best term life insurance for young adults in Davenport, Protective stands out for both men and women with a MoneyGeek score of 92 and an average monthly premium of $10 for women and $14 for men.

Age plays a significant role in determining life insurance premiums, with younger individuals generally benefiting from lower costs. Protective's high MoneyGeek score is attributed to its strong customer satisfaction, affordability, and diverse product offerings. For young adults in Davenport, choosing Protective ensures a balance of cost and quality coverage.

For men, Nationwide offers the best cheap term life insurance in Davenport with a MoneyGeek Score of 93 and a monthly premium of $21. For women, Protective tops the list with a MoneyGeek Score of 92 and a monthly premium of $16. The cost of premiums for life insurance is influenced by several factors, including age, health, coverage amount, and term length. To get the lowest premiums possible, it's important to maintain good health, choose an appropriate coverage amount, and select a term length that meets your needs.

Nationwide and Protective stand out due to their high affordability, customer satisfaction, and financial stability scores. These factors contribute to their top rankings and make them excellent choices for those seeking the best cheap term life insurance in Davenport.

The average monthly premium for term life insurance in Davenport is $29 for women and $39 for men.

Several factors influence the cost of life insurance premiums. These include age, health, lifestyle, and occupation. Insurers assess these factors to determine the risk profile of an individual, which directly impacts the premium amount.

The cost of life insurance in Davenport may differ from the rest of Iowa due to various reasons. Local health statistics, cost of living, and regional risk factors can all play a role. For example, if Davenport has a higher prevalence of certain health conditions, this could lead to higher premiums. Similarly, the cost of living in Davenport might influence the cost of insurance, as insurers consider the economic environment when setting rates.

Understanding these factors can help consumers make more informed decisions about their life insurance options.