Updated: November 21, 2024
Advertising & Editorial Disclosure
Protective is the best life insurance company in Hayward, California, for both men (MoneyGeek score of 92) and women (MoneyGeek score of 91). With an average monthly premium of $32 for men and $30 for women, Protective offers robust options. These scores and premiums are based on a 20-year term policy with $500,000 coverage.
When choosing a life insurance, consider factors like age, health and coverage amount. 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 Hayward, California.
Coverage costs and company information for life insurance providers were updated in September 2024.
BestLife InsuranceHayward, CABest Life Insurance Companies in Hayward
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 Hayward for both men and women, with a MoneyGeek score of 91 and 92, respectively. The average monthly premium is $37 for men and $29 for women.
Top providers for men:
Top providers for women:
Protective stands out due to its high customer satisfaction scores and affordable premiums. This makes it a great choice for individuals seeking reliable life insurance in Hayward.
Protective is the best life insurance provider in Hayward for both men and women, boasting MoneyGeek scores of 92 and 91, respectively. Men can expect a monthly premium of $37, while women are offered a slightly lower premium of $29. The company's high scores in customer satisfaction and financial stability make it a reliable choice for prospective policyholders.
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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.
For those in Hayward seeking the best term life insurance, Protective stands out with a MoneyGeek score of 92 for both men and women and an average monthly premium of $16. Protective offers reliable coverage and financial stability, making it a solid choice for the average individual looking for term life insurance.
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 and offers a death benefit if the insured passes away during the term. It's often chosen for its affordability and simplicity. For instance, a parent might opt for term life insurance to ensure their child's educational expenses are covered until graduation.
Protective stands out as the best term life insurance provider for men and women in Hayward, with a MoneyGeek score of 92. Those looking for reliable coverage can expect to pay an average monthly premium of $16.
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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.
In Hayward, Protective offers the best whole life insurance for both men and women, boasting a MoneyGeek score of 92. This score reflects a strong combination of affordability, customer satisfaction and financial stability, making Protective a solid choice for individuals seeking a reliable insurance provider.
Here are the top providers:
Whole life insurance offers a fixed premium and a guaranteed death benefit, making it a predictable option for long-term financial planning. For example, someone might choose whole life insurance to ensure their family's financial security regardless of market fluctuations.
Protective is the top choice for whole life insurance in Hayward for both men and women, boasting a MoneyGeek score of 92 for each. The company's commitment to excellence is evident in its high customer satisfaction and affordability ratings.
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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 is the best universal life insurance provider in Hayward, with a MoneyGeek score of 91 for both men and women. The company's high score indicates a strong combination of affordability, customer satisfaction, financial stability and product diversity, making it an excellent choice for individuals seeking a reliable universal life insurance policy.
Best universal life insurance providers:
Universal life insurance offers flexibility in premiums and death benefits, making it a suitable option for those who want long-term coverage with the potential for cash value growth. For instance, a young professional might choose universal life insurance to secure a low-cost policy that can adapt to their changing financial situation over time.
Protective offers the best universal life insurance in Hayward, boasting the highest MoneyGeek scores of 91 for both men and women. This distinction underscores the company's commitment to offering reliable coverage and service to all customers.
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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 Hayward, Protective offers the best life insurance without the hassle of a mandatory medical exam for both men and women, with a MoneyGeek score of 91.
Best no-medical-exam life insurance:
Life insurance without a medical exam is a policy that does not require a medical examination for enrollment. This can be beneficial for those who need insurance quickly or have health issues that could disqualify them from traditional policies. For example, an individual with a chronic illness might opt for no-medical-exam insurance to avoid the potential for higher premiums or denial of coverage.
Protective is the premier choice for no-medical-exam life insurance for both men and women, boasting an impressive MoneyGeek score of 91. This score reflects a balance of affordability, customer satisfaction and financial stability, making Protective a reliable option for life insurance seekers aiming for comprehensive coverage without the need for a medical exam.
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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 seeking the best term life insurance for seniorsin Hayward, Protective stands out for both men and women with a MoneyGeek Score of 91 and an average monthly premium of $76 for men, and a score of 90 with a $77 premium for women.
Age is a key factor in determining life insurance premiums, as risk increases with age, leading to higher costs. Protective's high score reflects its strong performance across affordability, customer satisfaction, buying process, financial stability and product diversity. These factors make Protective a notable option for those prioritizing a balance of cost and quality in their life insurance choice.
| 1 | Protective | $76 | 91 |
| 2 | Mutual of Omaha | $85 | 91 |
| 3 | Nationwide | $72 | 90 |
| 4 | Allstate | $69 | 89 |
| 5 | Transamerica | $70 | 88 |
| 6 | AAA | $95 | 88 |
| 7 | Prudential | $73 | 87 |
| 8 | State Farm | $111 | 86 |
| 9 | Haven | $150 | 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 those seeking the best term life insurance for smokers in Hayward, Mutual of Omaha stands out for both men and women, with a MoneyGeek Score of 90 and an average monthly premium of $82 for men, and a score of 89 with a $91 premium for women.
Smoking significantly influences life insurance premiums due to the health risks it poses, often leading to higher costs. Mutual of Omaha's top rankings reflect their balance of affordability, customer satisfaction and financial stability. These factors are vital when choosing life insurance, as they indicate a company's ability to support policyholders over the term's length.
| 1 | Mutual of Omaha | $82 | 90 |
| 2 | Nationwide | $78 | 89 |
| 3 | AAA | $85 | 88 |
| 4 | Prudential | $64 | 88 |
| 5 | Transamerica | $76 | 87 |
| 6 | Protective | $133 | 87 |
| 7 | Haven | $81 | 86 |
| 8 | State Farm | $115 | 84 |
| 9 | Allstate | $113 | 84 |
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.
For the best term life insurance for young adults in Hayward, Protective stands out for both men and women with a MoneyGeek score of 92 and an average monthly premium of $10.
Age plays a significant role in determining life insurance premiums. Younger adults typically pay lower premiums due to lower health risks. Protective's high MoneyGeek score reflects its affordability, customer satisfaction and financial stability. This makes it a strong choice for young adults seeking reliable term life insurance.
| 1 | Protective | $10 | 92 |
| 2 | Mutual of Omaha | $12 | 91 |
| 3 | Nationwide | $12 | 90 |
| 4 | Allstate | $10 | 89 |
| 5 | Transamerica | $10 | 88 |
| 6 | AAA | $13 | 88 |
| 7 | Prudential | $14 | 85 |
| 8 | State Farm | $17 | 85 |
| 9 | Haven | $15 | 84 |
| 10 | Bestow | $21 | 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 offers the best cheap term life insurance in Hayward for both men and women, with a MoneyGeek Score of 92 and an average monthly premium of $16. It is able to balance 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 possible, individuals should maintain good health, choose an appropriate coverage amount and select a suitable term length.
| 1 | Protective | $16 | 92 |
| 2 | Allstate | $16 | 91 |
| 3 | Nationwide | $18 | 91 |
| 4 | Transamerica | $16 | 91 |
| 5 | Mutual of Omaha | $19 | 89 |
| 6 | AAA | $22 | 87 |
| 7 | Prudential | $22 | 85 |
| 8 | State Farm | $28 | 82 |
| 9 | Haven | $27 | 82 |
The average cost of term life insurance in Hayward is $28 per month for women and $30 per month for men.
Several factors affect the cost of life insurance premiums, including age, health, lifestyle, occupation and the amount of coverage needed. Each of these factors can influence the risk assessment made by insurance companies, thereby affecting the premium cost.
In Hayward, the cost of life insurance might be higher or lower compared to the rest of California due to local health trends, economic conditions and demographic factors. For example, if Hayward has higher health care costs or a higher prevalence of certain health conditions, this could lead to higher life insurance premiums. Conversely, if the local economy is strong and residents generally have healthier lifestyles, premiums might be lower.
Protective offers the best life insurance for men in Hayward. The company has the highest MoneyGeek score of 92, making it a reliable choice for life insurance needs.
The monthly premium cost for the best life insurance for men in Hayward is $32. This cost reflects the rate for a non-smoking male aged 31 to 40 with excellent health.
Protective is the best life insurance company for women in Hayward. It has the highest MoneyGeek score of 91, ensuring a dependable option for life insurance coverage.
The monthly premium cost for the best life insurance for women in Hayward is $30. This is the rate for a non-smoking female aged 31 to 40 with excellent health.
Life insurance in Hayward is similar to the rest of California in terms of coverage and costs. Protective offers competitive rates and high MoneyGeek scores in Hayward, aligning with statewide trends. The primary difference may be in the specific needs and preferences of Hayward residents.
If a life insurance company goes bankrupt in Hayward, policyholders are usually protected by state guaranty associations. These associations ensure that policyholders receive coverage up to certain limits, providing a safety net in case of company insolvency.
Hayward residents might need life insurance to provide financial security for their dependents. Life insurance can cover expenses such as mortgage payments, education costs, and daily living expenses, ensuring that loved ones are taken care of in the event of the policyholder's death.
To find a lost life insurance policy in Hayward, start by contacting the insurance company directly. If that doesn't work, you can use state resources like the California Department of Insurance or online tools to search for unclaimed policies.
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.
