Updated: November 21, 2024
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In Hollywood, Florida, Protective is the best life insurance company for both men and women. Protective has a MoneyGeek score of 91 for men with an average monthly premium cost of $37. For women, the MoneyGeek score is 92, with an average monthly premium cost of $29.
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. 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 Hollywood, Florida.
Coverage costs and company information for life insurance providers were updated in August 2024.
BestLife InsuranceHollywood, FLBest Life Insurance Companies in Hollywood
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 Hollywood for both men and women, with a MoneyGeek score of 91 for men and 92 for women. The average monthly premium is $37 for men and $29 for women.
Top providers for men:
Top providers for women:
Protective has high customer satisfaction scores and affordable premiums. This makes it a great choice for individuals seeking reliable life insurance in Hollywood.
Protective is the best life insurance company in Hollywood for both men and women, offering a strong combination of value and service. With a MoneyGeek score of 92 for women and 91 for men, Protective provides affordable monthly premiums at $29 for women and $37 for men. Customers can rely on Protective's highly-rated customer satisfaction and financial stability to meet their life insurance needs.
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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.
Based on MoneyGeek's comprehensive analysis, Protective offers the best term life insurance in Hollywood, with a MoneyGeek score of 92 for men and 91 for women. Protective's high scores reflect its exceptional customer service, financial stability and product diversity.
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 to beneficiaries if the insured passes away within the term. For example, a parent might purchase a 20-year term policy to ensure that their child's education costs will be covered.
Protective is the premier choice for term life insurance in Hollywood for men and women, with a MoneyGeek score of 91 for women and 92 for men. With an average monthly premium of $11 for both men and women, Protective offers a balance of affordability and reliability.
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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 offers the best whole life insurance in Hollywood, with a MoneyGeek score of 92 for both men and women.
Top whole life companies for men in Hollywood:
Top whole life companies for women in Hollywood:
Whole life insurance is a permanent policy that provides a death benefit and accumulates cash value over time. It's an option for those seeking lifelong coverage and an investment component.
Protective is the leading provider of whole life insurance in Hollywood, catering to both men and women with an impressive MoneyGeek score of 92. This score reflects the company's commitment to customer satisfaction and financial stability.
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Buying process could improve
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 provider of the best universal life insurance in Hollywood, with a MoneyGeek score of 91 for both men and women. Protective's consistent top ranking makes it an attractive option for individuals seeking a reliable universal life insurance policy.
Best universal life insurance for men:
Best universal life insurance for women:
Universal life insurance is a flexible policy that combines life insurance with an investment savings element. It allows policyholders to adjust their premiums and death benefits. For instance, someone might prefer universal life insurance for its potential cash value accumulation, which can be used for retirement savings.
For both men and women seeking universal life insurance in Hollywood, Protective emerges as the standout provider, with a MoneyGeek score of 91 for both genders.
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Buying process could improve
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.
The best no-medical-exam life insurance provider in Hollywood for both men and women is Protective, with a MoneyGeek score of 91 out of 100. Protective's top ranking indicates a strong performance across various factors, making it a solid choice for individuals looking for reliable coverage without the need for a medical exam.
Best no-medical-exam life insurance for men:
Best life insurance for women that does not require a medical exam:
No-medical-exam life insurance allows individuals to secure life insurance coverage without undergoing a medical examination. This can be beneficial for those who have health concerns or prefer a quicker and less invasive insurance process.
In Hollywood, Florida, Protective is the top choice for life insurance without a mandatory medical exam, for both men and women, with a MoneyGeek score of 91 for each. This is due to its strong performance across multiple metrics, ensuring a balanced offering for potential 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 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.
Protective offers the best term life insurance for seniors in Hollywood, with a MoneyGeek score of 91 for both men and women. Men can expect an average monthly premium of $49, while women's premiums are slightly lower at $47. Age significantly influences life insurance premiums, as older individuals present a higher risk to insurers.
Protective's leading MoneyGeek score reflects its excellent customer satisfaction, robust financial stability and diverse range of products.
| 1 | Protective | $49 | 91 |
| 2 | Mutual of Omaha | $53 | 91 |
| 3 | Nationwide | $50 | 90 |
| 4 | Allstate | $43 | 89 |
| 5 | AAA | $62 | 88 |
| 6 | Transamerica | $49 | 87 |
| 7 | Prudential | $64 | 85 |
| 8 | State Farm | $84 | 84 |
| 9 | Haven | $97 | 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.
Mutual of Omaha offers the best term life insurance for smokers for both men and women with MoneyGeek Scores of 91 and 90, respectively. Men can expect an average monthly premium of $32, while women are quoted at $31.
Smoking significantly influences life insurance premiums due to the associated health risks, often leading to higher costs for smokers compared to non-smokers. Mutual of Omaha's top placement is attributed to its strong performance across various metrics, including affordability, customer satisfaction, buying process, financial stability and product diversity.
| 1 | Mutual of Omaha | $32 | 91 |
| 2 | Nationwide | $37 | 89 |
| 3 | AAA | $35 | 89 |
| 4 | Transamerica | $28 | 88 |
| 5 | Protective | $47 | 88 |
| 6 | Prudential | $30 | 87 |
| 7 | State Farm | $43 | 86 |
| 8 | Allstate | $43 | 85 |
| 9 | Haven | $57 | 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.
For the term life insurance for young adults in Hollywood, Protective is the best with a MoneyGeek score of 92 and a monthly premium of $7 for both men and women. Age significantly impacts life insurance premiums, with younger individuals typically enjoying lower costs.
Choosing the best term life insurance for young adults can provide peace of mind and financial security.
| 1 | Protective | $7 | 92 |
| 2 | Mutual of Omaha | $8 | 91 |
| 3 | Nationwide | $8 | 90 |
| 4 | AAA | $9 | 89 |
| 5 | Allstate | $7 | 89 |
| 6 | Transamerica | $7 | 88 |
| 7 | State Farm | $14 | 86 |
| 8 | Haven | $10 | 86 |
| 9 | Prudential | $13 | 85 |
| 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.
For cheap term life insurance in Hollywood, Protective is the best for both men and women. With a MoneyGeek Score of 92 for men and 91 for women, and an average monthly premium of $11 for both, Protective offers a compelling option.
Best cheap term life insurance premiums are influenced by factors like age, health, coverage amount and term length. To get the lowest premiums, maintain a healthy lifestyle, choose a shorter term length and opt for a higher coverage amount.
| 1 | Protective | $11 | 92 |
| 2 | Allstate | $11 | 91 |
| 3 | Nationwide | $13 | 91 |
| 4 | Mutual of Omaha | $13 | 90 |
| 5 | Transamerica | $12 | 90 |
| 6 | AAA | $14 | 88 |
| 7 | Haven | $18 | 83 |
| 8 | State Farm | $22 | 82 |
| 9 | Prudential | $19 | 82 |
The average monthly premium for term life insurance in Hollywood is $21 for women and $23 for men. Several factors affect life insurance premiums. These include age, health, lifestyle and occupation. Insurers assess these factors to determine the risk of insuring an individual, which then influences the premium cost.
Life insurance costs in Hollywood may differ from the rest of Florida for various reasons. Local health statistics, cost of living and regional risk factors can all play a role. For example, if Hollywood has higher health care costs or a higher prevalence of certain health conditions, premiums might be higher. Conversely, if the area has a lower risk of natural disasters or lower crime rates, premiums might be lower.
Understanding these factors can help you make informed decisions when purchasing life insurance. It's always a good idea to compare quotes and consider your personal circumstances to find the best policy for your needs.
Protective has the best life insurance in Hollywood for men with a MoneyGeek score of 91. This score is based on affordability, customer satisfaction and financial stability.
The monthly premium cost for the best life insurance for men in Hollywood is approximately $37.
Protective has the best life insurance in Hollywood for women with a MoneyGeek score of 92. This score is based on affordability, customer satisfaction and financial stability.
The monthly premium cost for the best life insurance for women in Hollywood is approximately $29.
Life insurance in Hollywood may differ from the rest of Florida in terms of premium costs and available coverage options. For instance, Hollywood might have different risk factors or demographic considerations that impact insurance rates.
If a life insurance company goes bankrupt in Hollywood, policies are typically protected by state guaranty associations. These associations ensure that policyholders receive coverage up to certain limits. It's essential to check the specific limits and protections offered by the Florida Life and Health Insurance Guaranty Association.
Hollywood residents might need life insurance to provide financial security for their families in case of unexpected death. Life insurance can cover funeral costs, pay off debts and replace lost income. It's especially important for those with dependents or significant financial obligations.
To find a lost life insurance policy in Hollywood, start by checking personal records and contacting the deceased's financial advisors. You can also reach out to the insurance company directly. If these steps fail, the National Association of Insurance Commissioners offers a policy locator service.
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.
