Updated: November 21, 2024
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The best life insurance company for men in Indiana is Nationwide, with MoneyGeek score of 97 and a monthly premium of $28. For women, it is also the best insurer with MoneyGeek score of 96 and a cost of $26 per month.
When choosing life insurance, various factors are key to finding the best fit.
BestLife InsuranceIndianaBest Life Insurance Companies in Indiana
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 Indiana.
Coverage costs and company information for life insurance providers were updated in May 2024.
| Nationwide | 1 | 97 |
| GEICO | 2 | 97 |
| Mutual of Omaha | 3 | 96 |
| Protective | 4 | 93 |
| State Farm | 5 | 93 |
| Prudential | 6 | 92 |
| Transamerica | 7 | 92 |
| Haven | 8 | 91 |
| Allstate | 9 | 90 |
| AAA | 10 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the overall best life insurance companies in Indiana:
Nationwide stands as the premier life insurance provider in Indiana for both men and women, garnering MoneyGeek scores of 97 and 96, respectively, and offering monthly premiums of $28 for men and $26 for women.
Top life insurance options for Indiana residents based on MoneyGeek scores include:
These companies offer the best mix of life insurance coverage options, affordability and customer satisfaction.
Nationwide stands out as the premier company for the best life insurance in Indiana for men. With an impressive overall MoneyGeek score of 97 and a reasonable monthly premium cost of $28, it offers a blend of value and quality coverage.
Pros:
Nationwide stands out as the top choice for women seeking the best life insurance in Indiana, with an exceptional MoneyGeek score of 96 and an affordable monthly premium of $26.
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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 in Indiana:
Costs are based on quotes gathered for a $250,000 life insurance policy with a 10-year term.
Nationwide offers the best term life insurance in Indiana for both men and women, achieving a remarkable MoneyGeek score of 97 for men and women. The monthly premium for its term life insurance is approximately $20 for both genders.
When searching for the best term life insurance for your specific needs, consider the top providers based on their MoneyGeek scores and monthly premiums:
Make sure to examine all options thoroughly to ensure that you find a policy that aligns with your financial goals and provides the security you need.
Nationwide emerges as the premier choice for the best term life insurance in Indiana, catering to both men and women with an outstanding overall MoneyGeek score of 98 and a competitive monthly premium of $20. This blend of excellent customer satisfaction and affordability solidifies its top position.
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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 in Indiana:
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.
State Farm stands out as the provider with the best whole life insurance in Indiana for both men and women, garnering a remarkable MoneyGeek score of 99.
When searching for the best whole life insurance options, these three companies hold the top MoneyGeek scores:
With an outstanding MoneyGeek score of 99, State Farm stands out as the premier provider of whole life insurance in Indiana for both men and women.
Pros:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best universal life insurance companies in Indiana:
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.
Nationwide holds the title for the best universal life insurance in Indiana for both men and women, with a MoneyGeek score of 99 out of 100.
When considering your financial future and seeking the best universal life insurance, it's essential to know who scores the highest in the market. Here are the top three highest MoneyGeek scores:
Nationwide stands out as the top choice for the best universal life insurance in Indiana, catering to both men and women. It received a remarkable MoneyGeek score of 99 for its service and coverage options.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best no-medical-exam life insurance companies in Indiana:
We did not weigh affordability as we did not collect no-medical-exam life insurance quotes. The company below has the highest score among the companies that offer life insurance policies without mandatory medical exams.
Nationwide stands out as the top provider of best no-medical-exam life insurance in Indiana for both men and women, with a MoneyGeek score of 99 out of 100.
Nationwide emerges as the top-ranking provider of no-medical-exam life insurance in Indiana for both men and women, garnering an impressive MoneyGeek score of 99.
Pros:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for seniors in Indiana:
We applied the same weighting factors as the term life insurance category; however, the persona for the quote was adjusted to reflect an age of 70 for a more accurate estimate.
Nationwide offers the best term life insurance for seniors in Indiana, securing the top position for both men and women with its high MoneyGeek score of 98 for men and women. The monthly premium costs for its term life insurance are approximately $74 for men and $72 for women.
| Nationwide | 1 | $74 | 98 |
| GEICO | 2 | $68 | 97 |
| Mutual of Omaha | 3 | $88 | 96 |
| State Farm | 4 | $147 | 94 |
| Prudential | 5 | $86 | 94 |
| Protective | 6 | $95 | 93 |
| Transamerica | 7 | $98 | 92 |
| Allstate | 8 | $107 | 91 |
| AAA | 9 | $141 | 89 |
| Haven | 10 | $164 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Indiana for people who smoke:
We applied the same weighting factors as the term life insurance category; however, the persona for the quote was adjusted to reflect an active smoker for a more accurate estimate.
Nationwide and Prudential are the top providers of the best term life insurance for smokers. Nationwide received a MoneyGeek score of 97 for men and a monthly premium of $48. Prudential achieved a MoneyGeek score of 95 for women and has a monthly premium of $29.
The biggest contributors to their standout MoneyGeek scores are high satisfaction and stability scores.
| Nationwide | 1 | $48 | 97 |
| GEICO | 2 | $39 | 97 |
| Mutual of Omaha | 3 | $48 | 96 |
| Prudential | 4 | $39 | 95 |
| State Farm | 5 | $60 | 95 |
| Allstate | 6 | $42 | 94 |
| Transamerica | 7 | $43 | 93 |
| Protective | 8 | $69 | 90 |
| AAA | 9 | $80 | 90 |
| Haven | 10 | $83 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Indiana for young adults:
We applied the same weighting factors as the term life insurance category; however, the persona for the quote was adjusted to reflect an age of 20 for a more accurate estimate.
Nationwide stands out as the best term life insurance for young adults in Indiana, earning the highest MoneyGeek score for both men and women. For men, Nationwide has a MoneyGeek score of 97, with a monthly premium of $13. Meanwhile, for women, the company has a MoneyGeek score of 96 and a monthly premium of $17.
Nationwide's top rankings can be attributed to its perfect scores in customer satisfaction and process.
| Nationwide | 1 | $13 | 97 |
| GEICO | 2 | $11 | 97 |
| Mutual of Omaha | 3 | $14 | 96 |
| Protective | 4 | $14 | 94 |
| State Farm | 5 | $25 | 93 |
| Transamerica | 6 | $15 | 92 |
| Prudential | 7 | $17 | 92 |
| Haven | 8 | $18 | 91 |
| AAA | 9 | $21 | 90 |
| Bestow | 10 | $25 | 89 |
| Allstate | 11 | $22 | 88 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best cheap term life insurance companies in Indiana:
We applied the same weighting factors as the term life insurance category; however, the quote was adjusted to reflect a 10-year term with minimum coverage.
Transamerica and Nationwide emerge as the leading providers of the best cheap term life insurance in Indiana for women and men, respectively. Transamerica leads with a MoneyGeek score of 97 for women and a monthly premium of $16, while Nationwide tops the chart for men with a MoneyGeek score of 97 and a monthly premium cost of $20.
| Nationwide | $20 | 97 |
| GEICO | $17 | 97 |
| Mutual of Omaha | $22 | 95 |
| Protective | $22 | 93 |
| Transamerica | $24 | 93 |
| Prudential | $26 | 91 |
| State Farm | $39 | 89 |
| Allstate | $33 | 88 |
| Haven | $31 | 87 |
| AAA | $34 | 87 |
The average cost of monthly premiums for life insurance in Indiana is $48 for women and $66 for men. Several factors affect the average cost of life insurance, such as age, health, lifestyle and the amount of coverage one chooses. Moreover, the type of policy and term length also influence the premiums.
The best life insurance in Indiana for men is offered by Nationwide.
The best life insurance in Indiana for men is around $28 per month.
The best life insurance for women in Indiana is offered by Nationwide.
Nationwide, with the top MoneyGeek score, offers a plan at an average monthly premium of $26.
About Mark Fitzpatrick
Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.
Mark 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 economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.
