Best Life Insurance in Lewisville, TX (November 2024)

If you're looking for the best life insurance in Lewisville, Texas, Protective stands out for both men and women. With a MoneyGeek score of 92 for women and 91 for men, and a monthly premium of $33 for women and $46 for men, Protective offers great value for a 20-year term policy with $500,000 coverage.

When choosing life insurance, consider various factors like your health, age, and financial goals. These scores and premium costs are specific to a 20-year term policy and might vary based on your unique needs. Always compare different options to find the best fit for your situation.

In Lewisville, the best life insurance company for both men and women is Protective, with a MoneyGeek score of 91 and 92, and a monthly premium of $46 for men and $33 for women.

Top providers for men:

• Protective: MoneyGeek score of 91 out of 100 at $46 per month for men
• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $45 per month for men

Top providers for women:

• Protective: MoneyGeek score of 92 out of 100 at $33 per month for women
• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $45 per month for women

Protective stands out for its high MoneyGeek score and affordable premiums, making it a reliable choice for individuals seeking life insurance in Lewisville. The company offers a balanced combination of affordability, customer satisfaction and financial stability, ensuring peace of mind for policyholders.

In Lewisville, Mutual of Omaha stands out with a MoneyGeek score of 91 and a monthly premium of $22. Women will find Protective to be the top choice for the best term life insurance, boasting a score of 92 and a monthly premium of $18. These companies provide policies that offer financial stability and customer satisfaction, ensuring that the average individual receives a reliable safety net at a reasonable cost. The top scores in Lewisville are as follows:

The top two term life insurance companies for men are:

• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $22 per month for men
• Protective: MoneyGeek score of 91 out of 100 at $23 per month for men

For women, the top two are:

• Protective: MoneyGeek score of 92 out of 100 at $18 per month for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $25 per month for women

Term life insurance is a policy where coverage is provided for a predetermined period, offering a death benefit to beneficiaries if the insured passes away during the term. For example, a parent might buy term insurance to ensure their child's education costs are covered in the event of their untimely death. .

Protective is the provider of the best whole life insurance in Lewisville, with a MoneyGeek score of 92 for both men and women. This score suggests that Protective offers a blend of affordability, customer satisfaction, and financial stability that is well-suited for the average individual seeking a reliable insurance policy.

Top whole life companies for men in Lewisville:

• 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 women in Lewisville:

• Protective: MoneyGeek score of 92 out of 100 for women
• Mutual of Omaha: MoneyGeek score of 91 out of 100 for women

Whole life insurance is a permanent policy that provides a death benefit and accumulates cash value over time. Someone might choose best whole life insurance over term life insurance for its lifelong coverage and potential to grow cash value, which can be a financial asset during their lifetime.

Protective is the best universal life insurance provider in Lewisville, with a MoneyGeek score of 91 for both men and women. This company offers a dependable choice for individuals aiming for a balance between cost and coverage benefits. Protective's high score suggests strong customer satisfaction, financial stability, and product diversity, which are critical factors for anyone considering universal life insurance.

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 women:

• 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 is a flexible policy that combines life coverage with an investment savings element. For example, if you desire a policy that adapts to your changing financial needs while providing a death benefit, universal life insurance might be the right choice.

Protective offers the best life insurance without a medical exam for both men and women in Lewisville, with a MoneyGeek score of 91. This score indicates a robust offering that combines affordability, customer satisfaction and financial stability, making it an excellent choice for the average individual in the market for this type of insurance policy. The top MoneyGeek scores for this insurance are:

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

This type of life insurance does not require a medical examination for approval, offering a quicker and more convenient option for coverage. For instance, someone with a busy schedule or a dislike of medical appointments might choose this insurance to ensure they are covered without worrying about a traditional health assessment.

For women seeking the best term life insurance for seniors in Lewisville, Protective stands out with a MoneyGeek score of 92 and a monthly premium of $79. For men, Mutual of Omaha leads with a score of 91 and a $90 average premium. Age is a key determinant in the cost of life insurance premiums; as age increases, so does the risk, leading to higher premiums.

Protective and Mutual of Omaha earned the highest MoneyGeek scores due to their balance of affordability, customer satisfaction, streamlined buying processes, financial stability and product diversity.

For men seeking the best term life insurance for smokers, Mutual of Omaha leads in Lewisville with a MoneyGeek score of 91 and a monthly premium of $50. Women will find Allstate at the top with a score of 89 and a $35 premium.

Smoking is a significant factor in determining life insurance premiums, as smokers pose a higher risk to insurers and are, therefore, charged more. The high MoneyGeek scores of Mutual of Omaha and Allstate reflect their strong performance in affordability, customer satisfaction, and financial stability, which are crucial for individuals looking for dependable life insurance coverage.

For the best term life insurance for young adults in Lewisville, Protective stands out with a MoneyGeek score of 92 and monthly premiums of $11 for women and $14 for men. Age is a significant factor in determining life insurance premiums. Younger adults typically benefit from lower rates due to their lower risk profiles. Protective's high score reflects its strong affordability, customer satisfaction, and financial stability.

For the best cheap term life insurance in Lewisville, Nationwide is the top provider for men with a MoneyGeek Score of 93 and an average monthly premium of $20. For women, Protective leads with a MoneyGeek score of 92 and a monthly premium of $18.

Premium costs for life insurance depend on various factors including age, health rating, coverage amount and term length. To get the lowest premiums, maintain excellent health, choose a shorter term length, and opt for a lower coverage amount.

Nationwide and Protective are top-rated due to their high affordability scores, financial stability, and customer satisfaction. This makes them reliable choices for those seeking the best cheap term life insurance in Lewisville.

The average monthly premium for term life insurance in Lewisville is $34 for women and $41 for men. Several factors affect the cost of life insurance premiums. These include age, health, lifestyle, occupation, and the term of the policy. Insurers evaluate these factors to determine the risk level and set the premium accordingly.

Life insurance costs in Lewisville might be higher or lower compared to the rest of Texas due to various reasons. Local health statistics, economic conditions, and specific risk factors can influence the premiums. Additionally, market competition among insurers in the area can also play a role in determining the cost.

Understanding these factors can help consumers make informed decisions when purchasing life insurance. By considering personal circumstances and local conditions, individuals can find a policy that best suits their needs and budget.