Best Life Insurance in Dayton, OH (November 2024)

The best life insurance provider in Dayton, Ohio, varies by gender. For women, Protective ranks highest with a MoneyGeek score of 92 and an average monthly premium of $17. For men, Mutual of Omaha leads with a MoneyGeek score of 91 and a monthly premium of $25.

These scores and costs are based on a 20-year term policy with $500,000 coverage. Different factors, such as age and health, can influence the best choice for life insurance. It's important to consider your unique needs when selecting a policy.

If you are looking for the best life insurance in Dayton, Mutual of Omaha stands out for men with a MoneyGeek score of 91 out of 100 and a monthly premium of $25. For women, Protective leads with a MoneyGeek score of 92 out of 100 and a monthly premium of $17.

Top providers for men:

• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $25 per month for men
• Protective: MoneyGeek score of 91 out of 100 at $26 per month for men

Top providers for women:

• Protective: MoneyGeek score of 92 out of 100 at $17 per month for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $21 per month for women

Mutual of Omaha and Protective are excellent choices for life insurance in Dayton due to their high MoneyGeek scores. These scores reflect a balance of affordability, customer satisfaction and financial stability, making them reliable options for the average individual seeking life insurance.

The Mutual of Omaha offers the best term life insurance for men in Dayton, with a MoneyGeek score of 92 at $11 per month. For women, Protective is the best choice, scoring 92 and costing $9 monthly. These providers excel in affordability, customer satisfaction, and financial stability, making them ideal for individuals seeking reliable term life insurance coverage in Dayton. Here are the top 2 highest MoneyGeek scores for both men and women:

The top two term life insurance companies for men are:

• Mutual of Omaha: MoneyGeek score of 92 out of 100 at $11 per month for men
• Protective: MoneyGeek score of 91 out of 100 at $12 per month for men

For women, the top two are:

• Protective: MoneyGeek score of 92 out of 100 at $9 per month for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $10 per month for women

Term life insurance covers a set period, offering a death benefit if the insured passes away during the term. For example, a parent might choose term insurance to ensure their child's education costs are covered if they were to pass away unexpectedly.

The Protective company stands out as the provider of the best whole life insurance in Dayton, with a MoneyGeek score of 92 for both men and women. This score reflects a combination of affordability, customer satisfaction, and financial stability, making Protective an excellent choice for individuals seeking reliable and comprehensive life insurance coverage. Here are the top performers for each category:

Top whole life companies for men in Dayton:

• 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 Dayton:

• 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 provides lifelong coverage and a cash value component, which can be an attractive option for those seeking a stable and long-term investment. For example, someone looking to leave a financial legacy for their beneficiaries might choose whole life over term life insurance.

Protective emerges as the best universal life insurance provider in Dayton, boasting a MoneyGeek score of 91 for both men and women. This score indicates a strong performance across affordability, customer satisfaction, buying process, and financial stability, making Protective a solid choice for the average individual seeking a reliable 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 offers flexibility in premium payments and death benefits, which can be appealing for those who want long-term coverage with an investment component. For instance, a parent might choose the best universal life insurance to provide for their children while also accumulating cash value that can be borrowed against if needed.

Protective offers the best life insurance without a medical exam in Dayton, for both men and women, with 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 this 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 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 worrying about a traditional health assessment.

For men seeking the best term life insurance for seniors in Dayton, Mutual of Omaha leads with a MoneyGeek score of 92 and an average monthly premium of $44. Women find Protective at the top with a score of 92 and a monthly premium of $37.

Age impacts premium costs as insurers assess the increased health risks that come with aging. A high MoneyGeek score indicates a company's strong performance across various metrics, making it a valuable indicator for seniors who prioritize not only cost but also stability and satisfaction in their insurance provider.

For smokers in Dayton seeking term life insurance, Mutual of Omaha stands out with the highest MoneyGeek scores of 91 and 89 for men and women, respectively. Men can expect an average monthly premium of around $24, while women are looking at approximately $21. Smoking is a determining factor in life insurance premiums, as it poses higher health risks, leading to increased costs for smokers.

Mutual of Omaha's top scores reflect a balance of affordability, customer satisfaction and financial stability, making it a compelling choice for those searching for the best term life insurance for smokers. This high rating is crucial for individuals who want a dependable policy that meets their specific needs as smokers.

For those seeking the best term life insurance for young adults in Dayton, Protective and Mutual of Omaha stand out. Protective scores a MoneyGeek score of 92 with an average monthly premium of $5 for women, while Mutual of Omaha scores 92 with a monthly premium of $7 for men.

Age plays a crucial role in determining the cost of life insurance premiums. Younger individuals typically benefit from lower premiums due to their lower risk profiles. Protective and Mutual of Omaha achieve high MoneyGeek Scores due to their strong customer satisfaction, financial stability and affordability. These factors make them ideal choices for young adults in Dayton seeking reliable and cost-effective term life insurance.

For men, Mutual of Omaha stands out as the provider of the best cheap term life insurance in Dayton, with a MoneyGeek score of 92 and an average monthly premium of $11. For women, Protective is the top choice, boasting a MoneyGeek score of 92 and a monthly premium of $9.

Several factors influence the cost of life insurance premiums, including age, health, coverage amount, and term length. To secure the lowest premiums, individuals should maintain excellent health, choose a shorter term length, and opt for a lower coverage amount.

Mutual of Omaha and Protective have the highest MoneyGeek scores due to their strong customer satisfaction, affordability, and financial stability. These aspects are crucial for anyone looking for the best cheap term life insurance in Dayton, ensuring they get reliable coverage without breaking the bank.

The average monthly cost of term life insurance premiums in Dayton is $17 for women and $23 for men. Several factors influence the cost of life insurance premiums. These include age, health, lifestyle, and the amount of coverage. Younger individuals typically pay lower premiums, while healthier lifestyles also result in lower costs. Higher coverage amounts increase premiums.

The cost of life insurance in Dayton might be higher or lower compared to the rest of Ohio due to local economic conditions, demographic trends, or variations in healthcare access. Understanding these factors can help consumers make informed decisions about their life insurance needs.