Updated: November 21, 2024
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In Gresham, Oregon, Protective has the highest MoneyGeek score for both men and women. The MoneyGeek score for men is 92, with a monthly premium of $15. For women, the MoneyGeek score is also 92, with a monthly premium of $12.
When deciding on life insurance, consider various factors such as age, health, and coverage needs. 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.
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 Gresham, Oregon.
Coverage costs and company information for life insurance providers were updated in August 2024.
BestLife InsuranceGresham, ORBest Life Insurance Companies in Gresham
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 Gresham, Protective offers the best life insurance for both men and women, with a MoneyGeek score of 92 and an average monthly premium of $15 for men and $12 for women. This company stands out for its affordability and high customer satisfaction scores, making it an excellent choice for most individuals seeking life insurance in Gresham.
Top providers for men:
Top providers for women:
Protective is the best choice for the average individual looking to purchase life insurance in Gresham due to its high scores in affordability, customer satisfaction, and financial stability.
When searching for the best life insurance in Gresham, Protective stands out for both men and women. With a MoneyGeek score of 92, Protective offers affordable monthly premiums of $12 for women and $15 for men. This company provides a balance of cost and quality service that caters to the needs of diverse clients in Gresham.
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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.
Protective is the best term life insurance provider in Gresham, with a MoneyGeek score of 92 for men and women. The average monthly premium is $7 for men and $6 for women, offering a competitive edge for those seeking reliable coverage.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance provides coverage for a specified period, offering a death benefit to the insured's beneficiaries if the insured passes away within the term. For example, a parent might purchase a 20-year term policy to ensure their child's education expenses are covered in the event of their untimely death.
Protective stands out as the top choice for term life insurance in Gresham for men and women, boasting a MoneyGeek score of 92. With an affordable monthly premium of $7 for men and $6 for women, it's a financially sensible option for securing peace of mind.
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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 top provider of the best whole life insurance, 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.
Top whole life companies for men in Gresham:
Top whole life companies for women in Gresham:
Whole life insurance is a type of permanent life insurance that offers lifelong coverage and an investment component known as cash value. For instance, someone might choose whole life insurance over term life insurance to ensure lifetime coverage and potentially build wealth over time.
In Gresham, Protective stands out as the leading provider of whole life insurance for both men and women, with an impressive MoneyGeek score of 92 for both genders. This score reflects a balance of affordability, 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 offers the best universal life insurance in Gresham. It stands out for both men and women, with a MoneyGeek score of 91. Protective offers a reliable and cost-effective option for universal life insurance policies.
Best universal life insurance for men:
Best for women's universal life insurance:
Universal life insurance is a flexible policy that combines life coverage with an investment savings element. It's ideal for those who value the ability to adjust premiums and benefits over time.
For those seeking the best universal life insurance in Gresham, Protective stands out as the leading choice for both men and women. With an impressive MoneyGeek score of 91 for both genders, Protective offers reliable coverage tailored to diverse needs.
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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.
Protective offers the best no-medical-exam life insurance for both men and women, with a MoneyGeek score of 91. This score reflects the company's strong performance across various metrics, indicating reliability and customer satisfaction for potential policyholders.
Best no-medical-exam life insurance for men:
Best life insurance for women that does not require a medical exam:
An individual with a busy lifestyle or a fear of medical procedures might opt for the best no-medical exam-life insurance over traditional policies to save time and avoid discomfort.
For residents of Gresham looking for no-medical-exam life insurance, Protective emerges as the best option for both men and women. With an overall MoneyGeek score of 91 for both genders, Protective stands out for its excellence in 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 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 those in Gresham seeking the best term life insurance for seniors, Protective stands out with the highest MoneyGeek scores of 91 for both men and women. Men can expect an average monthly premium of about $32, while women are quoted around $27.
Age is a pivotal factor in life insurance; as one ages, the risk to the insurer increases, which often leads to higher premiums.
| 1 | Protective | $32 | 91 |
| 2 | Mutual of Omaha | $32 | 91 |
| 3 | Nationwide | $37 | 89 |
| 4 | Allstate | $29 | 89 |
| 5 | AAA | $42 | 87 |
| 6 | Prudential | $36 | 86 |
| 7 | State Farm | $58 | 84 |
| 8 | Haven | $60 | 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 people in Gresham seeking the best term life insurance for smokers, Mutual of Omaha stands out for both men and women with MoneyGeek scores of 92 and 91, respectively. Men can expect an average monthly premium of $32, while women's premiums are at $28.
Smoking is a key factor in life insurance costs due to the health risks it poses, which can lead to higher premiums. Mutual of Omaha's high MoneyGeek scores indicate strong customer satisfaction, financial stability and product diversity.
| 1 | Mutual of Omaha | $32 | 92 |
| 2 | Nationwide | $44 | 88 |
| 3 | Protective | $51 | 88 |
| 4 | Prudential | $32 | 87 |
| 5 | State Farm | $49 | 85 |
| 6 | Allstate | $48 | 85 |
| 7 | AAA | $62 | 85 |
| 8 | Haven | $57 | 83 |
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.
In Gresham, Protective provides the best insurance for young adults. It stands out with a MoneyGeek score of 92 and an average monthly premium of $5 for men and $4 for women.
Age significantly influences life insurance premiums, with younger adults typically enjoying lower rates. Protective's high MoneyGeek score reflects its strong performance in key areas such as affordability, customer satisfaction and financial stability. This makes it a top choice for young adults looking for reliable and cost-effective term life insurance in Gresham.
| 1 | Protective | $5 | 92 |
| 2 | Mutual of Omaha | $5 | 92 |
| 3 | Nationwide | $6 | 90 |
| 4 | AAA | $6 | 89 |
| 5 | Allstate | $5 | 89 |
| 6 | State Farm | $10 | 87 |
| 7 | Prudential | $7 | 87 |
| 8 | Haven | $6 | 86 |
| 9 | Bestow | $22 | 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.
Protective stands out as the top provider of the best cheap term life insurance in Gresham, with a MoneyGeek score of 92 and monthly premiums of $7 for men and $6 for women.
Factors influencing life insurance premiums include age, health, and coverage amount. Younger and healthier individuals typically receive lower premiums. To secure the lowest premiums, maintain a healthy lifestyle, avoid tobacco and choose a term length that fits your needs.
| 1 | Protective | $7 | 92 |
| 2 | Mutual of Omaha | $8 | 92 |
| 3 | Allstate | $7 | 91 |
| 4 | Nationwide | $10 | 89 |
| 5 | AAA | $10 | 88 |
| 6 | Prudential | $11 | 85 |
| 7 | Haven | $11 | 84 |
| 8 | State Farm | $15 | 82 |
The average monthly premium for term life insurance in Gresham is $13 for women and $15 for men. Many factors affect the cost of life insurance premiums. Age, health, lifestyle, and economic conditions all play a role. For instance, younger individuals typically pay lower premiums. Health conditions can increase costs, while a healthy lifestyle can reduce them.
The cost of life insurance in Gresham might be higher or lower compared to the rest of Oregon for several reasons. Local economic conditions, demographic factors and regional health trends can all influence insurance rates. For example, if Gresham has a higher average age or more prevalent health issues, premiums might be higher. Conversely, if the local economy is strong, it could lead to lower premiums.
Understanding these factors can help you make informed decisions about life insurance. It's essential to consider your personal circumstances and how they might affect your premiums.
Protective has the best life insurance in Gresham for men with the highest MoneyGeek score of 92. This score reflects various factors, including affordability and customer satisfaction.
The monthly premium cost for the best life insurance for men in Gresham is $15. This cost is based on the highest MoneyGeek score and includes coverage of $250k-$500k for a 20-year term.
Protective has the best life insurance in Gresham for women with the highest MoneyGeek score of 92. This score reflects various factors, including affordability and customer satisfaction.
The monthly premium cost for the best life insurance for women in Gresham is $12.
Life insurance in Gresham may have similar offerings compared to the rest of Oregon, but specific providers like Protective show high scores in both affordability and customer satisfaction. This could mean more competitive rates and better customer service locally.
If a life insurance company goes bankrupt in Gresham, policyholders are typically protected by state guaranty associations. These associations cover claims up to certain limits, ensuring that policyholders do not lose their coverage entirely.
Gresham residents might need life insurance to provide financial security for their families, cover outstanding debts, and ensure their loved ones are not burdened with expenses. Life insurance can also be used for estate planning and to cover final expenses.
To find a lost life insurance policy in Gresham, start by checking personal records and contacting the deceased's financial advisors. You can also reach out to the state's insurance department or use online search tools provided by the National Association of Insurance Commissioners.
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.
