Updated: December 24, 2024
Advertising & Editorial Disclosure
Protective is the best life insurance provider in Jersey City, New Jersey, with a MoneyGeek score of 92 and average monthly premiums of $27 for men and $23 for women. These figures are based on a 20-year term policy with $500,000 coverage.
When deciding on life insurance, consider the coverage amount, term length and your health. 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 Jersey City, New Jersey.
Coverage costs and company information for life insurance providers were updated in October 2024.
BestLife InsuranceJersey City, NJBest Life Insurance Companies in Jersey City
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 Jersey City, with a MoneyGeek score of 92 and average monthly premiums of $27 for men and $23 for women.
Top providers for men:
Top providers for women:
Protective achieves high affordability, customer satisfaction and financial stability scores, making it a strong choice for reliable and cost-effective life insurance.
Protective is Jersey City's top life insurance provider, with a MoneyGeek score of 92 and monthly premiums of $27 for men and $23 for women.
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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.
Protective is the best term life insurance provider in Jersey City, with a MoneyGeek score of 92 and average monthly premiums of $13 for men and $12 for women. Its high affordability and customer satisfaction scores make it a top choice for reliable coverage.
Top term life insurance companies for men:
Top term life insurance companies for women:
Term life insurance provides coverage at a fixed rate for a limited period, often chosen for its simplicity and affordability compared to permanent life insurance. A parent might buy term insurance to fund their children's college education in case of an untimely death.
Protective is the best term life insurance provider in Jersey City, with a MoneyGeek score of 92 and monthly premiums of $13 for men and $12 for women, offering a balance of cost and quality coverage.
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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 is the best whole life insurance provider in Jersey City, with a MoneyGeek score of 92 for men and women. This score reflects excellence in customer satisfaction and financial stability.
Whole life insurance is a permanent policy that provides a death benefit and cash value accumulation potential. It's suitable for people who want to secure a financial legacy for their beneficiaries while growing their investment.
Protective is Jersey City's leading whole life insurance company, with a MoneyGeek score of 92 for men and women. This score reflects the company's solid balance of quality and value.
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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 has Jersey City's best universal life insurance, with a MoneyGeek score of 91 for men and women. This score reflects a strong balance of affordability, customer satisfaction and financial stability.
Universal life insurance offers flexible premiums and cash value growth potential, making it suitable for those who want a permanent insurance policy with an investment component. For instance, a young professional in Jersey City might choose this insurance to benefit from the long-term growth potential while securing a death benefit.
Protective is the leading universal life insurance provider in Jersey City, with a MoneyGeek score of 91 for men and women. This score reflects excellence in customer satisfaction and affordability.
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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 Jersey City, Protective offers the best life insurance without a medical exam requirement. Its MoneyGeek score of 91 for men and women reflects strong performance across several metrics, including customer satisfaction and financial stability.
Life insurance with no mandatory medical exam offers coverage without needing a health checkup, which benefits those who need quick coverage or have health concerns that might make traditional insurance inaccessible. Someone with a chronic illness might opt for it to avoid the risk of being denied coverage or facing high premiums.
Protective is the top choice for life insurance without the hassle of a medical examination in Jersey City. Its MoneyGeek score of 91 for men and women reflects its excellent service and value.
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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 Jersey City, with a MoneyGeek score of 92 for men and 91 for women. The average monthly premiums are $59 for males and $56 for females.
Premiums rise as people reach their senior years because of increased health risks. Mutual of Omaha's top MoneyGeek score highlights its excellence in affordability, customer satisfaction, product diversity and financial stability, making it great for seniors seeking value and dependability.
| 1 | Mutual of Omaha | $59 | 92 |
| 2 | Protective | $64 | 91 |
| 3 | Nationwide | $69 | 90 |
| 4 | AAA | $78 | 88 |
| 5 | Transamerica | $66 | 87 |
| 6 | Prudential | $68 | 87 |
| 7 | Allstate | $86 | 86 |
| 8 | Haven | $75 | 85 |
| 9 | State Farm | $112 | 84 |
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 provides the best term life insurance for smokers in Jersey City, with MoneyGeek scores of 91 for men and 90 for women. The average monthly premiums are $59 for males and $55 for females.
Smoking increases premiums due to its health risks. Insurers charge smokers more to offset these risks. Mutual of Omaha's high MoneyGeek score reflects its strong performance in affordability, customer satisfaction, financial stability and product diversity.
| 1 | Mutual of Omaha | $59 | 91 |
| 2 | Allstate | $57 | 89 |
| 3 | Protective | $98 | 88 |
| 4 | AAA | $72 | 88 |
| 5 | Transamerica | $60 | 88 |
| 6 | Nationwide | $82 | 88 |
| 7 | Prudential | $59 | 87 |
| 8 | State Farm | $92 | 85 |
| 9 | Haven | $106 | 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.
Protective offers the best term life insurance for young adults in Jersey City, with a MoneyGeek score of 92 and average monthly premiums of $8 for men and $7 for women.
Age significantly influences life insurance premiums, with younger adults typically benefiting from lower costs. Protective's high MoneyGeek score reflects its strong affordability, customer satisfaction and financial stability.
| 1 | Protective | $8 | 92 |
| 2 | Mutual of Omaha | $8 | 92 |
| 3 | Nationwide | $11 | 90 |
| 4 | AAA | $11 | 89 |
| 5 | Transamerica | $9 | 88 |
| 6 | Allstate | $13 | 88 |
| 7 | State Farm | $17 | 87 |
| 8 | Prudential | $13 | 87 |
| 9 | Haven | $13 | 86 |
| 10 | Bestow | $46 | 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.
In Jersey City, Protective offers the best cheap term life insurance, with a MoneyGeek score of 92 and average monthly premiums of $13 for men and $12 for women.
Several factors influence premiums, including age, health rating, coverage amount and term length. To get the lowest rates, maintain a healthy lifestyle, choose a shorter term length and opt for a lower coverage amount.
| 1 | Protective | $13 | 92 |
| 2 | Mutual of Omaha | $13 | 92 |
| 3 | Nationwide | $17 | 90 |
| 4 | Transamerica | $15 | 89 |
| 5 | AAA | $17 | 89 |
| 6 | Allstate | $21 | 85 |
| 7 | Prudential | $20 | 85 |
| 8 | Haven | $20 | 85 |
| 9 | State Farm | $28 | 82 |
The average monthly premiums for term life insurance in Jersey City are $28 for men and $25 for women.
Several factors affect costs, including age, health, lifestyle, occupation and policy type. Insurers assess them to determine the risk of insuring someone.
Life insurance costs in Jersey City might be higher or lower than in the rest of New Jersey for various reasons, such as the cost of living, local health statistics, crime rates and local regulations.
Understanding these factors can help you make informed decisions when purchasing life insurance.
Protective has the best life insurance in Jersey City for men, with the highest MoneyGeek score of 92 out of 100.
The average monthly premium for the best life insurance for men in Jersey City, offered by Protective, is $27. This cost is based on a 20-year term policy with a coverage amount between $250,000 and $500,000.
Protective is the best life insurance company in Jersey City for women, with the highest MoneyGeek score of 92 out of 100.
The average monthly premium for the best life insurance for women in Jersey City, provided by Protective, is $23. This rate applies to a 20-year term policy with a coverage amount between $250,000 and $500,000.
Life insurance in Jersey City is generally similar to the rest of New Jersey. However, residents should know the companies that offer their area's best policies to make more informed decisions. For example, Protective is a top choice for both men and women in Jersey City.
If a life insurance company in Jersey City goes bankrupt, state guaranty associations step in to cover claims up to certain limits.
Jersey City residents might need life insurance to provide financial security for their families in case of unexpected death. It can cover funeral costs, pay off debts and replace lost income.
To find a lost life insurance policy in Jersey City, check with the deceased's financial advisors, employers and banks. You can also contact the New Jersey Department of Banking and Insurance for assistance. Keeping thorough records and informing beneficiaries about policies can prevent such an issue.
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.
