Best Life Insurance in Lakeland, FL (August 2024)

In Lakeland, Florida, Protective stands out as the best life insurance company for both men and women. For men, Protective has a MoneyGeek score of 92 and a monthly premium cost of $27. For women, the company also has a MoneyGeek score of 92, with a monthly premium cost of $22.

When deciding on life insurance, consider various factors like coverage needs, health status, and financial stability. These scores and premium costs are based on a 20-year term policy with $500,000 coverage. Your unique needs may mean a different company is best for you.

Protective offers the best life insurance in Lakeland, with a MoneyGeek score of 92 out of 100 and an average monthly premium of $27 for men and $22 for women. Here are the top companies based on MoneyGeek scores and monthly premiums for men and women in Lakeland:

Top providers for men:

• Protective: MoneyGeek score of 92 out of 100 at $27 per month for men
• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $33 per month for men

Top providers for women:

• Protective: MoneyGeek score of 92 out of 100 at $22 per month for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $28 per month for women

Protective offers the best combination of affordability, customer satisfaction, and financial stability, making it a strong choice for the average individual looking to purchase life insurance in Lakeland.

Protective is the standout provider of the best term life insurance in Lakeland for both men and women, with a MoneyGeek score of 92 and 91 respectively. The average monthly premium for men is $12, while it is $11 for women. Protective's high scores reflect its commitment to affordability, customer satisfaction and financial stability.

The top two term life insurance companies for men are:

• Protective: MoneyGeek score of 92 out of 100 at $12 per month for men
• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $14 per month for men

For women, the top two are:

• Protective: MoneyGeek score of 91 out of 100 at $11 per month for women
• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $12 per month for women

Term life insurance is a straightforward policy that provides coverage for a set period. It can be an ideal choice for those who need financial protection during critical years, such as while paying off a mortgage or raising children.

In Lakeland, Protective provides the best whole life insurance for both men and women, boasting a MoneyGeek score of 92. This score reflects a blend of affordability, customer satisfaction and financial stability.

Top whole life companies for men in Lakeland:

• Protective: MoneyGeek score of 92 out of 100 for men

• Mutual of Omaha: MoneyGeek score of 91 out of 100 for men

• Top whole life companies for men in Lakeland:

• Protective: MoneyGeek score of 92 out of 100 for women

• Mutual of Omaha: MoneyGeek score of 91 out of 100 for women

Protective is the best universal life insurance provider in Lakeland for both men and women, boasting a MoneyGeek score of 91. This score reflects the company's strong performance across various metrics, including customer satisfaction and financial stability.

Best universal life insurance for men:

• Protective: MoneyGeek score of 91 out of 100 for men
• Mutual of Omaha: MoneyGeek score of 90 out of 100 for men

Best universal life insurance for men:

• Protective: MoneyGeek score of 91 out of 100 for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 for women

Universal life insurance offers flexibility in premium payments and potential cash value growth, appealing to those who want a more adaptable policy.

The Protective company stands out as the provider of the best no-medical-exam life insurance in Lakeland for both men and women, boasting a MoneyGeek score of 91. This score reflects a strong combination of affordability, customer satisfaction and financial stability.

Best no-medical-exam life insurance for men:

• Protective: MoneyGeek score of 91 out of 100 for men
• Mutual of Omaha: MoneyGeek score of 90 out of 100 for men

Best life insurance for women that does not require a medical exam:

• Protective: MoneyGeek score of 91 out of 100 for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 for women

Life insurance without a mandatory medical exam allows individuals to obtain coverage quickly without the hassle of a health examination.

In Lakeland, Protective has the best term life insurance for seniors. It has a MoneyGeek Score of 91 for both men and women. Men can expect an average monthly premium of $54, while women are offered a premium of $48.

Age significantly influences the cost of life insurance premiums, with rates typically increasing as one grows older. This is due to the higher risk associated with insuring older individuals. Protective's top score reflects its strong performance across various metrics, including affordability, customer satisfaction and financial stability.

In San Antonio, Mutual of Omaha stands out for men seeking the best term life insurance for smokers, with a MoneyGeek score of 91 and an average monthly premium of $40. Women who smoke could fare best with Allstate, earning a score of 89 and a monthly cost of approximately $30.

Smoking significantly affects life insurance premiums due to the health risks it poses, often leading to higher rates for smokers than nonsmokers. Mutual of Omaha and Allstate's top scores reflect their commitment to providing valuable coverage at competitive prices.

For those seeking the best term life insurance for young adults in Lakeland, Protective stands out with a MoneyGeek score of 92 and a monthly premium of $8 for men and $7 for women. Age plays a significant role in determining life insurance premiums.

Younger adults generally benefit from lower costs due to their lower risk profiles. Protective's high MoneyGeek score reflects its strong performance in affordability, customer satisfaction and financial stability.

For the best cheap term life insurance in San Antonio, Nationwide tops the list for men with a MoneyGeek score of 93 and an average monthly premium of $17. For women, Protective is the leading provider, with a MoneyGeek score of 92 and a monthly premium of $16. Nationwide scores high due to its easy buying process and affordability, while Protective excels in customer satisfaction and financial stability.

Age, health and coverage all influence the cost of life insurance. To get the lowest premiums, you should strive to maintain good health, avoid tobacco use and compare quotes from different insurers.

The average monthly premium for term life insurance in Lakeland is $21 for women and $25 for men. Several factors affect the cost of life insurance premiums. These include age, health, lifestyle, coverage amount, policy term and gender. Each of these factors can influence the risk assessment performed by insurance providers, leading to variations in premium costs.

In Lakeland, the cost of life insurance might be higher or lower compared to the rest of Florida due to local health statistics, regional economic conditions, competition among insurance providers and demographic factors. For instance, if Lakeland has a higher prevalence of certain health conditions, this could increase the cost of premiums.

Understanding these factors can help you make more informed decisions when purchasing life insurance. For more detailed information on how life insurance premiums are determined, you can explore further resources.