Updated: November 21, 2024
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The best life insurance in Jackson, Mississippi, for men and women is Mutual of Omaha. It holds the highest MoneyGeek score of 91 for both. The monthly premium is $38 for men and $32 for women.
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 what type of life insurance to buy. 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 Jackson, Mississippi.
Coverage costs and company information for life insurance providers were updated in October 2024.
BestLife InsuranceJackson, MSBest Life Insurance Companies in Jackson
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.
Mutual of Omaha offers the best life insurance in Jackson for men and women, with a MoneyGeek score of 91 out of 100 and monthly premiums of $38 for men and $32 for women. This makes it a top choice for those seeking reliable coverage.
The top providers for men are:
The top providers for women are:
Mutual of Omaha stands out for its strong performance across affordability, customer satisfaction and financial stability. This makes it a dependable choice for the average person looking to purchase life insurance in Jackson.
Mutual of Omaha stands out as the best life insurance provider in Jackson for men and women. With a MoneyGeek score of 91 for women and 91 for men, the company offers monthly premiums of $32 for women and $38 for men. This reflects a strong balance of affordability, customer satisfaction and financial stability for 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 the best term life insurance in Jackson, Mutual of Omaha stands out for men and women. With a MoneyGeek score of 91 for men and 90 for women, and monthly premiums of $19 for both, this company offers reliable coverage at a reasonable cost. These scores indicate strong customer satisfaction and financial stability.
The top providers for men are:
The top providers for women are:
Term life insurance provides coverage for a specific term, offering a death benefit to beneficiaries if the insured passes away during the term. This type of insurance is often chosen for its simplicity and lower premiums compared to whole life insurance. 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.
For women and men in Jackson seeking dependable term life insurance, Mutual of Omaha stands out with a MoneyGeek score of 90 for women and 91 for men. The monthly premium is $19 for both, ensuring coverage without financial strain. This top-rated choice combines quality service and affordable premiums.
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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 Jackson, Protective provides the best whole life insurance for men and women, with a MoneyGeek score of 92. This score reflects a balance of affordability, customer satisfaction and financial stability.
The top providers for women are:
The top providers for women are:
Whole life insurance is a permanent policy that provides a death benefit and can build cash value over time. For example, someone might choose whole life insurance to ensure lifelong coverage and an inheritance for their beneficiaries.
Protective emerges as the best whole life insurance provider in Jackson for men and women, earning a MoneyGeek score of 92 across the board. Recognized for its exceptional customer service and robust financial stability, Protective offers reliable coverage to its policyholders.
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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 provides the best universal life insurance in Jackson, with a MoneyGeek score of 91 for men and women. This high score suggests that Protective offers a strong combination of affordability, customer satisfaction and financial stability.
The top providers for men are:
The top providers for women are:
Universal life insurance is a type of permanent life insurance that offers flexible premiums and the potential to accumulate cash value over time. For example, someone might opt for this insurance over term life insurance if they are interested in a policy that can adapt to their changing financial needs and provide a financial safety net for their loved ones.
For those seeking the best universal life insurance in Jackson, Protective emerges as the top choice for men and women. With a MoneyGeek score of 91 for each, Protective stands out, offering reliable coverage options.
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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 Jackson, Protective provides the best no medical exam life insurance for men and women, with a MoneyGeek score of 91. This top ranking reflects the company's commitment to affordability, customer satisfaction and financial stability.
The top providers for men are:
The top providers for women are:
No-medical-exam life insurance allows individuals to obtain coverage quickly and without the need for a medical check-up. For example, someone with a busy schedule or a dislike of medical exams might prefer this type of insurance for its convenience.
Protective emerges as the premier choice for no-medical-exam life insurance in Jackson, catering to men and women with a MoneyGeek score of 91. This distinction underscores Protective's commitment to providing reliable coverage without the hassle of 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.
Mutual of Omaha offers the best term life insurance for seniors in Jackson, with a MoneyGeek score of 91 for men and 90 for women. The monthly premium stands at $70 for both.
Age significantly influences life insurance premiums, with older individuals typically facing higher costs due to increased risk. Mutual of Omaha's high MoneyGeek score reflects its strong customer satisfaction, buying process, financial stability and product diversity.
| 1 | Mutual of Omaha | $70 | 91 |
| 2 | Nationwide | $59 | 91 |
| 3 | Protective | $152 | 88 |
| 4 | AAA | $104 | 87 |
| 5 | Prudential | $75 | 87 |
| 6 | State Farm | $104 | 86 |
| 7 | Transamerica | $95 | 86 |
| 8 | Allstate | $119 | 85 |
| 9 | Haven | $163 | 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 men seeking the best term life insurance for smokers in Jackson, Mutual of Omaha leads with a MoneyGeek score of 90 and a monthly premium of 42. Women find their best option with Protective, scoring 88 and a monthly premium of 41.
Smoking significantly influences life insurance premiums due to the associated health risks, leading insurers to charge higher rates to mitigate these risks. Mutual of Omaha and Protective stand out for their balance of affordability, customer satisfaction and financial stability, making them ideal for smokers prioritizing value and reliability in their life insurance choices.
| 1 | Mutual of Omaha | $42 | 90 |
| 2 | Nationwide | $40 | 89 |
| 3 | Protective | $69 | 88 |
| 4 | Prudential | $32 | 88 |
| 5 | State Farm | $50 | 86 |
| 6 | AAA | $66 | 86 |
| 7 | Transamerica | $48 | 86 |
| 8 | Allstate | $64 | 84 |
| 9 | Haven | $73 | 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 those seeking the best term life insurance for young adults in Jackson, Mutual of Omaha stands out for men with a MoneyGeek score of 91 and a monthly premium of $12. For women, Protective leads with a similar MoneyGeek score of 91 and a monthly premium of $12.
Age plays a significant role in determining life insurance premiums. Generally, younger adults enjoy lower premiums due to their lower risk profile. Mutual of Omaha and Protective have high MoneyGeek scores because they offer a combination of affordability, customer satisfaction and financial stability. Choosing the right term life insurance is crucial for young adults in Jackson to ensure they get the best value for their money.
| 1 | Mutual of Omaha | $12 | 91 |
| 2 | Nationwide | $12 | 91 |
| 3 | Protective | $20 | 88 |
| 4 | AAA | $19 | 87 |
| 5 | Transamerica | $18 | 85 |
| 6 | Haven | $16 | 85 |
| 7 | State Farm | $22 | 85 |
| 8 | Allstate | $20 | 85 |
| 9 | Prudential | $19 | 84 |
| 10 | Bestow | $25 | 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 those seeking the best cheap term life insurance in Jackson, Nationwide stands out with a MoneyGeek score of 93 for men and 92 for women, and monthly premiums of $18 and $17, respectively.
Several factors influence the cost of life insurance premiums, including age, health, coverage amount, term length and tobacco use. Younger, healthier individuals typically receive lower premiums. Opting for a shorter term length or lower coverage amount can also reduce costs.
| 1 | Nationwide | $18 | 93 |
| 2 | Mutual of Omaha | $19 | 91 |
| 3 | AAA | $29 | 85 |
| 4 | Transamerica | $27 | 84 |
| 5 | Prudential | $27 | 84 |
| 6 | Protective | $33 | 84 |
| 7 | Allstate | $31 | 84 |
| 8 | State Farm | $33 | 83 |
| 9 | Haven | $28 | 83 |
The average cost of term life insurance premiums in Jackson is $28 per month for women and $40 per month for men. Several factors influence the cost of life insurance premiums. These include age, health status, lifestyle choices and the amount of coverage selected.
In Jackson, the cost of life insurance might be different from the rest of Mississippi for various reasons. Economic conditions, local health statistics and demographic factors can all play a role. For instance, higher healthcare costs or a higher prevalence of certain health conditions in Jackson could lead to higher premiums. Conversely, a younger population or lower living costs could result in lower premiums.
Mutual of Omaha offers the best life insurance in Jackson for men. The company has the highest MoneyGeek score of 91.
The monthly premium cost for the best life insurance for men in Jackson is $38 with Mutual of Omaha.
Mutual of Omaha provides the best life insurance in Jackson for women. It has the highest MoneyGeek score of 91.
The monthly premium cost for the best life insurance for women in Jackson is $32 with Mutual of Omaha. This offers excellent value given its high MoneyGeek score.
Life insurance in Jackson may have different premium costs and company rankings compared to the rest of Mississippi. For example, Mutual of Omaha ranks highest in Jackson with a MoneyGeek score of 91. It's essential to compare options locally and statewide to find the best fit.
If a life insurance company goes bankrupt in Jackson, state guaranty associations may protect policyholders. These associations cover policies up to certain limits, ensuring that beneficiaries receive payouts. It's advisable to check the specific coverage limits for Mississippi.
Jackson residents may need life insurance to provide financial security for their families. It can cover funeral costs, pay off debts, and replace lost income. Life insurance ensures that loved ones are financially protected in case of unexpected events.
To find a lost life insurance policy in Jackson, start by checking personal records and contacting the deceased's financial advisors. You can also reach out to the insurance company directly. The National Association of Insurance Commissioners offers a Life Insurance 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.
