Best Life Insurance in Hampton, VA (August 2024)

Protective is the best life insurance company in Hampton, Virginia for men and women. The MoneyGeek score for men is 92 with a monthly premium of $25. For women, the MoneyGeek score is also 92, with a monthly premium of $20.

These scores and premium costs are based on a 20-year term policy with $500,000 coverage. Different factors should be considered when deciding on life insurance, and your unique needs may mean a different company is best for you.

'Protective offers the best life insurance in Hampton for men and women, with a MoneyGeek score of 92 out of 100 and monthly premiums of $25 for men and $20 for women.

The top providers for men are:

• Protective: MoneyGeek score of 92 out of 100 at $25 per month for men
• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $28 per month for men

The top providers for women are:

• Protective: MoneyGeek score of 92 out of 100 at $20 per month for women
• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $22 per month for women

Protective stands out for its high MoneyGeek score and competitive premiums, making it an excellent choice for the average individual seeking life insurance in Hampton.

For those seeking the best term life insurance in Hampton, Protective stands out for men and women. With a MoneyGeek score of 92 for men and 92 for women, and monthly premiums of $12 and $10, respectively, Protective offers a compelling option for term life insurance seekers.

The company's high scores reflect its strong customer satisfaction, affordability, and financial stability, making it an excellent choice for the average individual looking for reliable coverage without long-term commitment.

The top providers for men are:

• Protective: MoneyGeek score of 92 out of 100 at $12 per month for men
• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $14 per month for men

The top providers for women are:

• Protective: MoneyGeek score of 92 out of 100 at $10 per month for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $13 per month for women

Term life insurance provides coverage for a specified period, offering a death benefit to beneficiaries should the policyholder pass away during the term. For instance, a parent might choose term insurance to ensure their child's education costs are covered in the event of their untimely death. It is a straightforward and often more affordable option than whole life insurance, appealing to those with specific, time-bound financial protection needs.

The company with the best whole life insurance in Hampton for men and women is Protective, with a MoneyGeek score of 92 out of 100. This score reflects the company's commitment to affordability, customer satisfaction and financial stability, making it a solid choice for individuals seeking reliable life insurance coverage.

The top providers for men are:

• Protective: MoneyGeek score of 92 out of 100 for men Mutual of Omaha: MoneyGeek score of 91 out of 100 for men

The top providers for women are:

• 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 type of permanent life insurance that provides coverage for the insured's entire lifetime, as long as premiums are paid. It can be an attractive option for those who want the certainty of fixed premiums and a cash value component that grows over time. For example, someone might choose whole life insurance to ensure their family's financial security, regardless of when they pass away.

Protective stands out as the provider of the best universal life insurance in Hampton, with a MoneyGeek score of 91 for men and women. This score indicates a strong combination of affordability, customer satisfaction and financial stability.

The top providers for men are:

• Protective: MoneyGeek score of 91 out of 100 for men
• Mutual of Omaha: MoneyGeek score of 90 out of 100 for men

The top providers for women are:

• 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 provides flexibility in premiums and death benefits, which can be appealing for those needing long-term financial planning. For instance, someone might choose universal live insurance over term life insurance to build cash value that can be borrowed against, offering a financial safety net while still providing life insurance coverage.

Protective provides the best life insurance without a required medical exam in Hampton, with a MoneyGeek score of 91 for men and women.

Protective's high score suggests reliability and a strong customer satisfaction record, making it an excellent choice for individuals seeking life insurance without the hassle of a medical exam. The company's financial stability and product diversity contribute to its top ranking, indicating a robust offering that caters to a variety of needs and preferences.

The top providers for men are:

• Protective: MoneyGeek score of 91 out of 100 for men
• Mutual of Omaha: MoneyGeek score of 90 out of 100 for men

The top providers for women are:

• Protective: MoneyGeek score of 91 out of 100 for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 for women

No-medical-exam life insurance is an insurance policy that does not require a medical examination for approval. This can be particularly beneficial for individuals who have health concerns or want to expedite the insurance acquisition process. For example, a busy parent with little time for appointments might opt for no medical exam life insurance to ensure their family's financial security without delay.

Protective stands out with the best term life insurance for seniors, with a MoneyGeek score of 92 for men and 91 for women. The monthly premiums are approximately $54 for men and $47 for women.

Age is a determining factor in life insurance premiums because older individuals pose a higher risk to insurers. Protective's leading MoneyGeek score reflects its strong performance across affordability, customer satisfaction, financial stability and product diversity. This comprehensive excellence is particularly relevant for seniors who require dependable coverage without compromising on cost or service quality.

For those seeking the best term life insurance for smokers in Hampton, Mutual of Omaha stands out for men and women. For men, it has a MoneyGeek score of 90 and a monthly premium of $60, while for women, it has a score of 88 and a premium of $55.

Smoking significantly influences life insurance premiums, as insurers view smokers as higher risk due to potential health issues, leading to higher costs. Mutual of Omaha's high MoneyGeek scores reflect its strong customer satisfaction, financial stability, and product offerings.

The best term life insurance for young adults in Hampton is offered by Protective, with a MoneyGeek score of 92 and a monthly premium of $7.

Age plays a significant role in determining life insurance premiums. Younger adults generally enjoy lower premiums because they are considered lower risk. Protective's high MoneyGeek score is attributed to its affordability, strong customer satisfaction and financial stability.

Protective offers the best cheap term life insurance in Hampton for men and women, with a MoneyGeek score of 92 and monthly premiums of $10 and $12, respectively. Protective scores high in affordability, customer satisfaction, and financial stability.

Several factors influence the cost of life insurance premiums, including age, health, coverage amount, and term length. To get the lowest premiums, individuals should maintain excellent health, avoid tobacco use, and choose an appropriate coverage amount and term length.

The average monthly premium for term life insurance in Hampton is $19 for women and $25 for men. Several factors affect the cost of life insurance premiums. These include age, health, lifestyle and occupation. Insurers assess these factors to determine the risk associated with insuring an individual.

Life insurance costs in Hampton may be different from the rest of Virginia due to local health trends, economic conditions and specific risk factors in the area. For instance, higher healthcare costs or a greater prevalence of certain health conditions could lead to higher premiums. Conversely, a lower cost of living or better overall health among residents might result in lower premiums.