Updated: November 21, 2024
Advertising & Editorial Disclosure
Protective is the best life insurance provider in Lincoln, Nebraska, for men and women. The MoneyGeek score for Protective is 92. The premium cost is $21 per month for women and $25 per month for men.
When deciding on life insurance, consider factors such as age, health and coverage needs. 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.
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 Lincoln, Nebraska.
Coverage costs and company information for life insurance providers were updated in October 2024.
BestLife InsuranceLincoln, NEBest Life Insurance Companies in Lincoln
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.
In Lincoln, Nebraska, Protective offers the best life insurance for men and women with a MoneyGeek score of 92 out of 100 and a monthly premium of $25 for men and $21 for women.
The top providers for men are:
The top providers for women are:
Protective's balance of affordability, customer satisfaction and financial stability ensures comprehensive coverage.
Protective is the premier life insurance provider in Lincoln, Nebraska, for both men and women, with a MoneyGeek score of 92. With a monthly premium of $21 for women and $25 for men, Protective offers a compelling blend of value and reliability. Customers can trust in their financial stability and satisfaction guarantees when selecting Protective for their life insurance needs.
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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 provides the best term life insurance in Lincoln, with a MoneyGeek score of 92 for men and women, with monthly premiums of $12 for men and $11 for women. This score reflects the company's excellent balance of affordability, customer satisfaction and financial stability.
The top providers for men are:
The top providers for women are:
Term life insurance is a policy where coverage is provided for a specific period, offering a death benefit if the insured passes away during the term. For example, a parent might purchase a 20-year term policy to ensure their child's education costs are covered in the event of their untimely death. This type of insurance is often preferred for its simplicity and lower premiums compared to whole life insurance.
For men in Lincoln seeking reliable term life insurance, Protective emerges as the top choice with a MoneyGeek score of 92. The monthly premium is $12, demonstrating value for policyholders.
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For women in Lincoln seeking the best term life insurance, Protective stands out with a MoneyGeek score of 92. At a monthly premium cost of $11, it provides a balance of value and reliability.
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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.
The best whole life insurance in Lincoln is from Protective, standing out for men and women, boasting a MoneyGeek score of 92 out of 100. This high score reflects the company's strong performance across several metrics, including customer satisfaction and financial stability, making it a reliable choice for the average individual seeking life-long coverage and financial security.
The top providers for women are:
The top providers for women are:
Whole life insurance provides a guaranteed death benefit along with a cash value component that grows over time. For example, someone may choose whole life insurance over term life insurance for estate planning purposes, ensuring that their beneficiaries have financial support regardless of when they pass away.
In Lincoln, Protective stands out as the premier choice for whole life insurance for men and women, with a MoneyGeek score of 92 for each. This score reflects a balance of cost and quality that Protective offers to its clients.
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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.
In Lincoln, Nebraska, Protective stands out as the provider of the best universal life insurance for men and women, with a MoneyGeek score of 91 out of 100. This top score indicates that Protective excels in customer satisfaction, affordability and financial stability. The top providers for men are:
The top providers for women are:
Universal life insurance offers the flexibility of adjustable premiums and death benefits, which can be appealing for those who want control over their policy. For example, a young professional might choose universal life insurance to start with lower premiums and increase coverage as their income grows.
In Lincoln, Protective stands out as the best provider of universal life insurance for men and women, with a MoneyGeek score of 91 for each. This score reflects the company's commitment to excellence across several key areas, ensuring that policyholders receive quality service and reliable coverage.
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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 Lincoln, Protective provides the best life insurance with no mandatory medical exam for men and women, with a MoneyGeek score of 91. This score reflects a balance of affordability, customer satisfaction and financial stability.
The top providers for men are:
The top providers for women are:
No-medical-exam life insurance offers the convenience of obtaining coverage quickly and without the need for a physical exam. For example, someone with a busy lifestyle or a minor pre-existing condition might opt for this insurance over traditional policies to avoid the wait times and potential complications associated with medical underwriting.
Protective stands out as the premier choice for no-medical-exam life insurance in Lincoln, securing the highest MoneyGeek score of 91 for men and women. This achievement is a testament to the company's commitment to 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 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.
For seniors in Lincoln, Protective provides the best term life insurance for seniors, with a MoneyGeek score of 92 for men and women. The monthly premium is $51 for men and $46 for women.
Age is a pricing factor in life insurance; as the risk increases with age, so does the cost of premiums. Protective's top MoneyGeek score suggests a well-rounded offering that balances cost with customer satisfaction and financial stability.
| 1 | Protective | $51 | 92 |
| 2 | Mutual of Omaha | $54 | 91 |
| 3 | Nationwide | $52 | 90 |
| 4 | AAA | $65 | 88 |
| 5 | Transamerica | $51 | 88 |
| 6 | Allstate | $63 | 87 |
| 7 | Prudential | $67 | 86 |
| 8 | State Farm | $87 | 85 |
| 9 | Haven | $103 | 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.
Mutual of Omaha stands out with the best term life insurance for smokers in Lincoln, with a MoneyGeek score of 91 for men and 90 for women. The monthly premium for men is $30, while for women, it is $27.
Smoking significantly affects life insurance premiums due to the heightened health risks it poses. Insurers often charge higher rates to smokers to offset these risks. The superior MoneyGeek scores of Mutual of Omaha reflect its excellence in customer satisfaction, affordability and financial stability.
| 1 | Mutual of Omaha | $30 | 91 |
| 2 | Allstate | $27 | 89 |
| 3 | Nationwide | $37 | 88 |
| 4 | Transamerica | $27 | 88 |
| 5 | AAA | $36 | 88 |
| 6 | Protective | $48 | 87 |
| 7 | Prudential | $30 | 87 |
| 8 | State Farm | $43 | 85 |
| 9 | Haven | $55 | 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.
In Lincoln, Protective offers the best term life insurance for young adults, with a MoneyGeek score of 92. Monthly premiums are $8 for women and $9 for men.
Age significantly impacts life insurance premiums, with younger individuals generally benefiting from lower rates. Protective's high scores in affordability, customer satisfaction and financial stability contribute to its top ranking.
| 1 | Protective | $7 | 92 |
| 2 | Mutual of Omaha | $8 | 91 |
| 3 | Nationwide | $9 | 90 |
| 4 | AAA | $10 | 89 |
| 5 | Transamerica | $8 | 88 |
| 6 | Allstate | $12 | 87 |
| 7 | State Farm | $15 | 86 |
| 8 | Haven | $11 | 85 |
| 9 | Prudential | $13 | 85 |
| 10 | Bestow | $21 | 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 looking for the best cheap term life insurance in Lincoln, Protective stands out for both men and women with a MoneyGeek score of 92 and a monthly premium of $11. Protective's high score is due to its strong performance in affordability, customer satisfaction and financial stability.
Factors affecting life insurance premiums include age, health, coverage amount and term length. To get the lowest premiums, maintain good health, avoid tobacco and choose a shorter term length.
| 1 | Protective | $12 | 92 |
| 2 | Mutual of Omaha | $13 | 91 |
| 3 | Nationwide | $14 | 90 |
| 4 | Transamerica | $12 | 90 |
| 5 | AAA | $16 | 88 |
| 6 | Allstate | $18 | 85 |
| 7 | Prudential | $20 | 83 |
| 8 | State Farm | $23 | 82 |
| 9 | Haven | $19 | 82 |
In Lincoln, the average monthly premium for term life insurance is $21 for women and $25 for men. Several factors influence life insurance premiums. Age, health and lifestyle are significant determinants. Younger people typically pay lower premiums. Healthier people also benefit from reduced rates. Lifestyle choices, such as smoking, can lead to higher costs.
The cost of life insurance in Lincoln may vary from other parts of Nebraska due to several reasons. Local economic conditions play a role. Areas with higher living costs might see higher insurance premiums. Access to healthcare and prevalent risk factors in the community also affect rates. For instance, regions with higher rates of chronic illnesses may have higher premiums.
Protective offers the best life insurance in Lincoln for men, with a MoneyGeek score of 92 and high scores in affordability and customer satisfaction.
The monthly premium cost for the best life insurance for men in Lincoln is $25, from Protective.
Protective offers the best life insurance in Lincoln for women. With a MoneyGeek score of 92, Protective excels in affordability and customer satisfaction.
The monthly premium cost for the best life insurance for women in Lincoln is $21, from Protective.
Life insurance in Lincoln is consistent with the rest of Nebraska. Protective ranks as the top provider statewide, offering competitive premiums and high customer satisfaction. For example, the monthly premium for men is $25 and for women is $21, which aligns with rates across Nebraska.
If a life insurance company goes bankrupt in Lincoln, policyholders are protected by state guaranty associations. These associations ensure that claims are paid and policies remain in force, providing a safety net for residents. It's important to understand this protection to maintain peace of mind.
Lincoln residents might need life insurance for various reasons, such as providing financial security for their families, covering outstanding debts, and ensuring that funeral expenses are paid. Life insurance can also help in estate planning and securing the future of dependents.
To find a lost life insurance policy in Lincoln, contact the insurance company directly or reach out to the Nebraska Department of Insurance. They can assist in locating the policy. Additionally, checking bank records for premium payments can provide clues to the insurer.
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.
