Updated: November 21, 2024
Advertising & Editorial Disclosure
For women, the top life insurance provider is Nationwide, with a MoneyGeek score of 97 and a monthly premium of $26. For men, it also ranks highest with the same score and a slightly higher premium of $28.
The best policy for you may vary based on your specific circumstances, even beyond the highest scoring provider.
BestLife InsuranceLouisianaBest Life Insurance Companies in Louisiana
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 Louisiana.
Coverage costs and company information for life insurance providers were updated in May 2024.
| Nationwide | 1 | 97 |
| GEICO | 2 | 97 |
| Mutual of Omaha | 3 | 96 |
| State Farm | 4 | 94 |
| Protective | 5 | 93 |
| Prudential | 6 | 92 |
| Transamerica | 7 | 92 |
| Haven | 8 | 92 |
| Allstate | 9 | 90 |
| AAA | 10 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the overall best life insurance companies in Louisiana:
Nationwide stands out as the premier life insurance provider in Louisiana, securing the top spot for men and women with a MoneyGeek score of 97 for both. Men can expect a monthly premium of $28, while women are offered a slightly lower premium of $26.
Here are the top three highest MoneyGeek scores:
MoneyGeek's evaluation reveals Nationwide as the best life insurance in Louisiana for both men and women, providing competitive premiums and excellent scores.
Nationwide stands out as the top choice for the best life insurance in Louisiana for men. With an impressive overall MoneyGeek score of 97 and a monthly premium of $28, Nationwide ensures exceptional value for policyholders.
Pros:
Nationwide stands out as the top choice for women seeking the best life insurance in Louisiana. With an impressive overall MoneyGeek score of 97 and an affordable monthly premium cost of $26, choosing Nationwide as your insurer means opting for quality coverage.
Pros:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Louisiana:
Costs are based on quotes gathered for a $250,000 life insurance policy with a 10-year term.
Nationwide is the preeminent provider for the best term life insurance in Louisiana, with MoneyGeek scores of 97 for women and 98 for men, and a monthly premium of $20 for both genders.
The top three highest MoneyGeek scores are:
Nationwide stands out as the premier choice for term life insurance in Louisiana, offering unparalleled value for both men and women. With a top MoneyGeek score of 98 and an affordable monthly premium of just $20, this company exemplifies excellence in insurance services.
Pros:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best whole life insurance companies in Louisiana:
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.
State Farm stands out as the leading provider of the best whole life insurance in Louisiana for both men and women, garnering an impressive MoneyGeek score of 99. Nationwide and Mutual of Omaha follow close behind:
State Farm stands out as the best whole life insurance in Louisiana with an overall MoneyGeek score of 99.
Pros:
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 in Louisiana:
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.
Nationwide is the top-ranked provider of the best universal life insurance in Louisiana for both men and women, with a MoneyGeek score of 99.
The top three highest MoneyGeek scores are:
Nationwide, the premier choice for the best universal life insurance in Louisiana, provides exceptional coverage for both men and women. It earned a comprehensive MoneyGeek score of 98 for its policy offerings and customer service.
Pros:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best no-medical-exam life insurance companies in Louisiana:
We did not weigh affordability as we did not collect no-medical-exam life insurance quotes. The company below has the highest score among the companies that offer life insurance policies without mandatory medical exams.
Nationwide stands out as the premier provider of the best no-medical-exam life insurance in Louisiana, garnering a MoneyGeek score of 99 for both men and women.
Here are the top three highest MoneyGeek scores:
Nationwide stands out as the top contender for the best no-medical-exam life insurance in Louisiana for men and women, with a MoneyGeek score of 99.
Pros:
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for seniors in Louisiana:
We applied the same weighting factors as the term life insurance category; however, the persona for the quote was adjusted to reflect an age of 70 for a more accurate estimate.
Nationwide stands out as the provider with the best term life insurance for seniors in Louisiana for both men and women, garnering a remarkable MoneyGeek score of 98 for both genders. The monthly premium costs are $74 for men and $72 for women.
Nationwide's top rank can be attributed to its excellent customer satisfaction rating as well as consistent performance across affordability, diversity and process scores.
| Nationwide | 1 | $74 | 98 |
| GEICO | 2 | $68 | 97 |
| Mutual of Omaha | 3 | $91 | 95 |
| Prudential | 4 | $90 | 94 |
| State Farm | 5 | $153 | 94 |
| Protective | 6 | $97 | 93 |
| Transamerica | 7 | $102 | 92 |
| Allstate | 8 | $119 | 90 |
| AAA | 9 | $151 | 90 |
| Haven | 10 | $164 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Louisiana for people who smoke:
We applied the same weighting factors as the term life insurance category; however, the persona for the quote was adjusted to reflect an active smoker for a more accurate estimate.
Nationwide stands out as the best term life insurance provider for smokers in Louisiana, securing the highest MoneyGeek score for both men (97) and women (94). For men, the monthly premium cost is approximately $48, while for women, it's around $47.
What sets Nationwide apart as the top choice are its high satisfaction, diversity, process and stability scores, which are the backbone of the comprehensive MoneyGeek ranking system.
| Nationwide | 1 | $48 | 97 |
| GEICO | 2 | $38 | 97 |
| Mutual of Omaha | 3 | $51 | 95 |
| Prudential | 4 | $41 | 95 |
| State Farm | 5 | $63 | 95 |
| Allstate | 6 | $43 | 93 |
| Transamerica | 7 | $45 | 93 |
| Protective | 8 | $72 | 90 |
| AAA | 9 | $80 | 90 |
| Haven | 10 | $83 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies in Louisiana for young adults:
We applied the same weighting factors as the term life insurance category; however, the persona for the quote was adjusted to reflect an age of 20 for a more accurate estimate.
Nationwide offers the best term life insurance for young adults in Louisiana, with a MoneyGeek score of 97 for men and women. With its affordable monthly premiums of $18 for men and $13 for women, Nationwide stands out for its high customer satisfaction and strong stability scores.
These factors greatly contribute to Nationwide's leading MoneyGeek score, making it a top choice for both men and women looking for the best term life insurance for young adults.
| Nationwide | 1 | $13 | 98 |
| GEICO | 2 | $11 | 97 |
| Mutual of Omaha | 3 | $14 | 96 |
| Protective | 4 | $14 | 94 |
| State Farm | 5 | $26 | 94 |
| Transamerica | 6 | $15 | 92 |
| Prudential | 7 | $18 | 92 |
| Haven | 8 | $18 | 92 |
| AAA | 9 | $23 | 90 |
| Allstate | 10 | $22 | 90 |
| Bestow | 11 | $29 | 89 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best cheap term life insurance companies in Louisiana:
We applied the same weighting factors as the term life insurance category; however, the quote was adjusted to reflect a 10-year term with minimum coverage.
Nationwide stands out as the top company providing the best cheap term life insurance in Louisiana for both men and women. Nationwide has a MoneyGeek score of 97 and a monthly premium of $20 for men and women.
It excels with high MoneyGeek scores for overall satisfaction, pricing and reliability.
| Nationwide | $20 | 97 |
| GEICO | $17 | 97 |
| Mutual of Omaha | $23 | 95 |
| Protective | $23 | 93 |
| Transamerica | $25 | 93 |
| Prudential | $27 | 91 |
| State Farm | $41 | 89 |
| AAA | $37 | 89 |
| Haven | $31 | 88 |
| Allstate | $34 | 88 |
The average cost of monthly premiums for life insurance is $49 for women and $68 for men in Louisiana. Factors influencing this cost include age, health history, lifestyle risks and the amount of coverage purchased.
Understanding the average cost of life insurance helps individuals evaluate the potential financial commitment, and MoneyGeek offers actionable insights to simplify these complex decisions.
The best life insurance in Louisiana for men is offered by Nationwide.
Factors like age, health and lifestyle influence life insurance costs in Louisiana for men. On average, the best life insurance with the top MoneyGeek score costs about $28 per month.
The best life insurance in Louisiana for women is offered by Nationwide.
On average, the monthly premium for the leading life insurance through Nationwide is approximately $26.
About Mark Fitzpatrick
Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.
Mark 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 economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.
