Updated: November 21, 2024
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Protective is the best life insurance company in Grand Prairie, Texas, with MoneyGeek scores of 91 for men and 92 for women and average monthly premiums of $45 and $33, respectively. These figures are based on a 20-year term policy with $500,000 coverage.
When deciding on life insurance, consider your age, health and financial goals. 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 Grand Prairie, Texas.
We updated life insurance providers' coverage costs and company information in October 2024.
BestLife InsuranceGrand PrairieBest Life Insurance Companies in Grand Prairie
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 Grand Prairie, with MoneyGeek scores of 91 for men and 92 for women. The average monthly premiums are $45 for males and $33 for females.
Top providers for men:
Top providers for women:
Protective's high scores and competitive premiums make it an excellent choice for life insurance.
Protective is Grand Prairie's top life insurance provider, with MoneyGeek scores of 91 for men and 92 for women and monthly premiums of $45 and $33, respectively.
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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.
Mutual of Omaha is the best term life insurance provider for men in Grand Prairie, with a MoneyGeek score of 91 and an average monthly premium of $22. For women, Protective leads with a score of 92 at $18 monthly. These companies offer a balance of affordability, customer satisfaction and financial stability.
Top term life insurance companies for men:
Top term life insurance companies for women:
Term life insurance provides a death benefit to beneficiaries if the insured person dies within a set period. A parent might choose it to cover their child's education costs in case of an untimely death.
Mutual of Omaha is the top term life insurance provider for men in Grand Prairie, with a MoneyGeek score of 91 and a monthly premium of $22. It provides value and security for policyholders.
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Protective is the top choice for women seeking term life insurance in Grand Prairie, with a MoneyGeek score of 92. It offers a competitive monthly premium of $18 for excellent 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 Grand Prairie, with a MoneyGeek score of 92 for men and women. This score reflects a strong balance of affordability, customer satisfaction and financial stability.
Whole life insurance is a permanent policy that offers a death benefit and a savings component. It's ideal for those who want consistent premiums and guaranteed cash value accumulation. For example, someone might choose it to meet their family's financial needs while building cash value that can be borrowed against in the future.
Protective is Grand Prairie's leading whole life insurance company, with a MoneyGeek score of 92 for men and women. This score reflects the company's 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.
Protective has Grand Prairie's best universal life insurance, with a MoneyGeek score of 91 for men and women. This score reflects a strong balance of affordability, customer satisfaction and financial stability.
Universal life insurance provides flexible premiums and potential cash value growth, appealing to those seeking a more adaptable life insurance option. For example, someone expecting significant changes in their financial situation may choose it to ensure their coverage can adjust to their needs over time.
Protective is the leading universal life insurance provider in Grand Prairie, with a MoneyGeek score of 91 for men and women. This score reflects a strong commitment 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 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 Grand Prairie, Protective offers the best life insurance without a medical exam requirement. Its MoneyGeek score of 91 for men and women reflects excellent value in affordability, customer satisfaction, financial stability and product diversity.
Life insurance with no mandatory medical exam offers coverage without a health checkup. This benefits those who need coverage quickly or have health issues that could make traditional insurance challenging to get.
Protective is the top choice for life insurance without the hassle of a medical examination in Grand Prairie. Its MoneyGeek score of 91 for men and women reflects the company's commitment to satisfying customer needs and maintaining 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 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 older men seeking the best term life insurance for seniors in Grand Prairie, Mutual of Omaha stands out with a MoneyGeek score of 91 and an average monthly premium of $89. Protective is the top choice for women, scoring 92 and charging $77 monthly.
Premiums rise as people reach their senior years because of increased health risks. Mutual of Omaha and Protective's high MoneyGeek scores reflect strong performance across affordability, customer satisfaction, buying process, financial stability and product diversity — key factors for seniors seeking reliable coverage.
| 1 | Mutual of Omaha | $89 | 91 |
| 2 | Nationwide | $74 | 91 |
| 3 | Protective | $96 | 90 |
| 4 | Prudential | $89 | 86 |
| 5 | Transamerica | $101 | 86 |
| 6 | Allstate | $120 | 86 |
| 7 | AAA | $140 | 85 |
| 8 | State Farm | $133 | 85 |
| 9 | Haven | $163 | 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 men seeking the best term life insurance for smokers in Grand Prairie, Mutual of Omaha stands out with a MoneyGeek score of 91 and an average monthly premium of $49. Women will find Allstate as the top option, scoring 89 with a monthly premium of $34.
Smoking raises life insurance costs due to added health risks, which insurers factor into premiums. These companies' high MoneyGeek scores reflect their commitment to affordability, customer satisfaction and financial stability.
| 1 | Mutual of Omaha | $49 | 91 |
| 2 | Nationwide | $45 | 90 |
| 3 | Allstate | $44 | 88 |
| 4 | Transamerica | $44 | 88 |
| 5 | Protective | $69 | 88 |
| 6 | Prudential | $41 | 88 |
| 7 | State Farm | $65 | 85 |
| 8 | AAA | $80 | 85 |
| 9 | Haven | $79 | 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 Grand Prairie, with a MoneyGeek score of 92 and average monthly premiums of $14 for men and $11 for women.
Age significantly influences life insurance premiums, with younger adults typically benefiting from lower costs. Protective stands out due to its high customer satisfaction, affordability and financial stability.
| 1 | Protective | $14 | 92 |
| 2 | Mutual of Omaha | $14 | 91 |
| 3 | Nationwide | $13 | 91 |
| 4 | Transamerica | $15 | 87 |
| 5 | AAA | $21 | 85 |
| 6 | Prudential | $18 | 85 |
| 7 | State Farm | $22 | 85 |
| 8 | Allstate | $22 | 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 the best cheap term life insurance in Grand Prairie, Nationwide leads for men with a MoneyGeek score of 93 and an average monthly premium of $20. Protective is the top option for women, with a MoneyGeek score of 92 at $18 monthly.
Factors affecting premiums include age, health, coverage amount and term length. To lower your rates, maintain good health, avoid tobacco and choose a shorter term length if possible.
| 1 | Nationwide | $20 | 93 |
| 2 | Mutual of Omaha | $22 | 91 |
| 3 | Protective | $22 | 91 |
| 4 | Transamerica | $24 | 88 |
| 5 | Prudential | $27 | 86 |
| 6 | AAA | $34 | 84 |
| 7 | Allstate | $34 | 84 |
| 8 | State Farm | $35 | 82 |
| 9 | Haven | $31 | 82 |
In Grand Prairie, the average monthly premiums for term life insurance are $40 for men and $33 for women. Several factors influence costs, including age, health, lifestyle, occupation, coverage amount and term length.
Life insurance costs in Grand Prairie may be higher or lower than in other parts of Texas due to local health statistics, economic conditions and the population's specific risk profiles.
Understanding these factors can help you make informed decisions when purchasing life insurance.
Protective has the best life insurance for men in Grand Prairie, with a MoneyGeek score of 91 out of 100.
The average monthly premium for the best life insurance for men in Grand Prairie, offered by Protective, is $45. This cost provides coverage of $250,000 to $500,000 for a 20-year term.
Protective offers women the best life insurance in Grand Prairie, with a MoneyGeek score of 92 out of 100.
The average monthly premium for the best life insurance for women in Grand Prairie, provided by Protective, is $33. This premium covers a policy amount ranging from $250,000 to $500,000 for a 20-year term.
Life insurance in Grand Prairie may differ from the rest of Texas in terms of premiums and policy options. For example, Protective offers competitive rates and high MoneyGeek scores, reflecting strong customer satisfaction and financial stability. These factors may vary in other Texas cities, affecting residents' choices.
If a life insurance company in Grand Prairie goes bankrupt, state guaranty associations ensure that claims are paid up to certain limits, even if the insurer cannot fulfill its obligations.
Grand Prairie residents may need life insurance to provide financial security for their families, cover debts and meet future expenses. In the case of the policyholder's death, it can help pay for mortgages, education and daily living expenses.
To find a lost life insurance policy in Grand Prairie, check personal records and contact the deceased's financial advisors. You can also reach out to the insurance company directly. Use online tools and databases that help locate unclaimed life insurance policies if needed.
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.
