Best Life Insurance in Michigan (December 2024)

In Michigan, for women, the top life insurance provider is GEICO, with a MoneyGeek score of 96 and a monthly premium of $13. For men, it is Nationwide, with a MoneyGeek score of 97 and a monthly premium of $16. The right life insurance depends on individual needs, including coverage amount, term length and specific features.

Nationwide offers the best life insurance in Michigan for men with a MoneyGeek score of 97 and a monthly premium of $16. For women, GEICO leads, with a MoneyGeek score of 96 and and a monthly premium of $13.

The companies with the three highest MoneyGeek scores are:

• Nationwide: MoneyGeek score of 97 out of 100 ($16 per month for women and men)
• GEICO: MoneyGeek score of 97 out of 100 ($13 per month for women and men)
• Protective: MoneyGeek score of 95 out of 100 ($12 per month for women; $18 per month for men)

Nationwide provides best term life insurance in Michigan for both men and women, underlining its commitment to providing coverage across the board. The company has a MoneyGeek score of 97 regardless of gender, with a monthly premium of $13 for men and $12 for women.

The top performers are:

• Nationwide: MoneyGeek score of 97 out of 100 ($12 per month for women; $13 per month for men)
• GEICO: MoneyGeek score of 97 out of 100 ($10 per month for women and men)
• Mutual of Omaha: MoneyGeek score of 96 out of 100 ($11 per month for women; $12 per month for men)

State Farm is the best provider of whole life insurance in Michigan for men and women, with a MoneyGeek score of 99.

The top three highest MoneyGeek scorers in Michigan are:

• State Farm: MoneyGeek score of 99 out of 100
• Nationwide: MoneyGeek score of 98 out of 100
• Mutual of Omaha: MoneyGeek score of 96 out of 100

Nationwide provides the best universal life insurance in Michigan for men and women, with a MoneyGeek score of 99.

Making an informed choice can lead to financial savings and knowing that your life insurance needs are suitably covered. Here are the top providers with their respective MoneyGeek scores:

• Nationwide: MoneyGeek score of 99 out of 100
• State Farm: MoneyGeek score of 98 out of 100
• Mutual of Omaha: MoneyGeek score of 97 out of 100

Nationwide is the top-ranking provider for the best no-medical-exam life insurance in Michigan for men and women, with a MoneyGeek score of 99 out of 100.

Here are the three companies with the highest MoneyGeek scores:

• Nationwide: MoneyGeek score of 99 out of 100
• State Farm: MoneyGeek score of 99 out of 100
• Mutual of Omaha: MoneyGeek score of 97 out of 100

Nationwide is the provider of the best term life insurance for seniors in Michigan, with a MoneyGeek score of 97 regardless of gender. Men can expect to pay approximately $48 monthly, while women are quoted around $45 monthly. Nationwide rises to the top chiefly due to its perfect customer satisfaction and process scores, coupled with high ratings in product diversity and finaincial stability.

GEICO is the best choice for men seeking the best term life insurance for smokers in Michigan, with a MoneyGeek score of 97 and a monthly premium of $24. For women, Prudential leads with a MoneyGeek score of 95 and a monthly premium of $20. Both GEICO and Prudential stand out due to their high satisfaction and stability scores, ensuring their policyholders receive not just competitive pricing but also reliable and satisfying service.

Nationwide provides the best term life insurance for young adults in Michigan, with a MoneyGeek score of 98 for women and 97 for men. Men can secure a policy at approximately $11 monthly, while women benefit from a slightly lower premium of about $8 per month. Nationwide shines chiefly owing to its excellent customer satisfaction and a smooth process experience, indicating that it offers not just affordability but also a consistent and reliable service.

Allstate offers the best cheap term life insurance in Michigan for women, with a MoneyGeek score of 97 and a monthly premium of $9. For men, the top spot goes to Nationwide, with a MoneyGeek score of 97 and a monthly premium of $13. Both Allstate and Nationwide shine in their respective categories due to their competitive rates and commitment to customer satisfaction.

The average cost of life insurance in Michigan is $32 for women and $44 for men. Factors affecting these rates include age, health, occupation and lifestyle. For instance, smokers or individuals with high-risk jobs may face higher premiums. Coverage needs also play a role; more extensive policies command higher premiums. To better understand the average cost of life insurance, consider how personal circumstances influence these figures.