Updated: November 21, 2024
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In Nashville-Davidson, Tennessee, the best life insurance provider for women is Protective with a MoneyGeek score of 92 and a monthly premium of $23. For men, the top provider is Mutual of Omaha with a MoneyGeek score of 91 and a monthly premium of $31. 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. Different factors should be considered when deciding on what type of life insurance to buy.
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 Nashville-Davidson, Tennessee.
Coverage costs and company information for life insurance providers were updated in September 2024.
BestLife InsuranceNashville-DavidBest Life Insurance Companies in Nashville-Davidson
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.
For men in Nashville-Davidson, the best life insurance provider is Mutual of Omaha with a MoneyGeek score of 91 out of 100 at $31 per month. For women, the top provider is Protective with a MoneyGeek score of 92 out of 100 at $23 per month.
The top providers for men are:
The top providers for women are:
Choosing the best life insurance company is essential for financial security. Mutual of Omaha and Protective offer competitive premiums and high satisfaction scores.
In Nashville-Davidson, Mutual of Omaha stands out as the best life insurance choice for men with a score of 91 and a $31 monthly premium. It offers excellent customer satisfaction and a stable financial background, ensuring a trustworthy choice for life insurance needs.
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In Nashville-Davidson, Protective stands out as the best life insurance choice for women, with a MoneyGeek score of 92 and a monthly premium of $23. It offers excellent customer satisfaction and a stable financial background, ensuring a trustworthy choice for 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.
In Nashville-Davidson, Mutual of Omaha and Protective stand out as the top providers of the best term life insurance for men and women, respectively.
Mutual of Omaha leads for men with a MoneyGeek score of 92 and a monthly premium of $13, while Protective takes the lead for women with a score of 92 at $12 per month. These companies provide excellent value, balancing cost with 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 term length, such as 10, 20, or 30 years. It's ideal for those who seek financial protection during their most economically vulnerable years, such as while raising a family or paying off a mortgage.
Mutual of Omaha stands out as the top choice for term life insurance for men in Nashville-Davidson, with a MoneyGeek score of 92. The monthly premium of $13 makes it a compelling option.
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Protective stands out as the best term life insurance provider for women in Nashville-Davidson, with a MoneyGeek score of 92 and a monthly premium of $12. This company not only offers competitive pricing but also excels in customer satisfaction and financial stability, making it a reliable choice for term life insurance seekers.
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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.
Protective provides the best whole life insurance in Nashville-Davidson for men and women, with a MoneyGeek score of 92. This score reflects the company's strong performance across various metrics, including affordability, customer satisfaction and financial stability.
The top providers for men are:
The top providers for women are:
Whole life insurance is a type of permanent life insurance that offers a death benefit along with a savings component. It allows policyholders to accumulate cash value over time, which can be a compelling reason to choose it over term life insurance.
For example, someone might prefer whole life insurance to ensure lifelong coverage and to provide an inheritance for beneficiaries, regardless of when the policyholder passes away.
Protective stands out as the top provider of whole life insurance in Nashville-Davidson for men and women, boasting a MoneyGeek score of 92 for each. This score reflects a strong balance of customer satisfaction, affordability, and financial stability.
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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.
Protective stands out as the provider of the best universal life insurance in Nashville-Davidson, with a MoneyGeek score of 91 for men and women. The high score indicates a strong performance across affordability, customer satisfaction, financial stability and product diversity.
The top providers for men are:
The top providers for women are:
Universal life insurance offers flexibility in premiums and death benefits, which can be appealing for those seeking a customizable insurance policy. For example, someone may choose universal life insurance over term life insurance to benefit from the policy's cash value component, which can accumulate over time and be used as a financial resource.
Protective stands out as the premier provider of universal life insurance in Nashville-Davidson, offering unmatched service to men and women. With a MoneyGeek score of 91 for each, customers can trust in their consistent performance across the board.
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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.
Protective provides the best life insurance with no mandatory medical exam in Nashville-Davidson, with a MoneyGeek score of 91 for men and women. 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 allows individuals to obtain coverage quickly and without the hassle of a medical check-up. For example, someone with a busy lifestyle or a fear of medical procedures might choose this insurance over traditional policies for convenience and peace of mind.
For those seeking the best no-medical-exam life insurance in Nashville-Davidson, Protective emerges as the top choice for men and women. With a MoneyGeek score of 91 for women and 91 for men, Protective stands out for its exceptional service and value.
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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 men seeking the best term life insurance for seniors in Nashville-Davidson, Mutual of Omaha stands out with a MoneyGeek score of 92 and a monthly premium of $54. Women will find Protective to be the top choice, scoring 92 on MoneyGeek's scale, with a monthly premium of $49.
Age is a determining factor in life insurance premiums; as individuals enter their senior years, premiums typically increase due to higher risk. Mutual of Omaha and Protective lead the market by balancing cost, customer satisfaction and financial stability, making them prudent choices for seniors prioritizing security and value.
| 1 | Mutual of Omaha | $54 | 92 |
| 2 | Protective | $62 | 91 |
| 3 | Nationwide | $54 | 91 |
| 4 | Transamerica | $64 | 87 |
| 5 | Prudential | $66 | 86 |
| 6 | State Farm | $94 | 85 |
| 7 | AAA | $93 | 85 |
| 8 | Allstate | $104 | 84 |
| 9 | Haven | $104 | 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.
In Nashville-Davidson, Mutual of Omaha stands out as the top provider of the best term life insurance for smokers for men and women. With a MoneyGeek score of 91 for men and 89 for women, and a monthly premium of $29, this company offers a compelling balance of value and reliability.
Smokers face higher life insurance premiums due to the increased health risks associated with tobacco use, which insurers account for in their risk assessments. Mutual of Omaha's high scores reflect their strong performance across several key factors, including affordability, customer satisfaction and financial stability.
| 1 | Mutual of Omaha | $29 | 91 |
| 2 | Nationwide | $36 | 89 |
| 3 | Allstate | $27 | 88 |
| 4 | Protective | $44 | 88 |
| 5 | Transamerica | $26 | 88 |
| 6 | Prudential | $30 | 87 |
| 7 | State Farm | $41 | 86 |
| 8 | AAA | $55 | 85 |
| 9 | Haven | $53 | 83 |
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.
For men, Mutual of Omaha offers the best term life insurance for young adults in Nashville-Davidson, with a MoneyGeek score of 92 and a monthly premium of $8. For women, Protective is the top choice, with a MoneyGeek score of 92 and a monthly premium of $7.
Age is a key factor in determining life insurance premiums. Younger adults generally pay lower premiums because they are considered lower risk compared to older individuals. This makes it crucial for young adults to secure life insurance early to lock in lower rates.
| 1 | Mutual of Omaha | $8 | 92 |
| 2 | Protective | $9 | 92 |
| 3 | Nationwide | $10 | 90 |
| 4 | Transamerica | $10 | 88 |
| 5 | AAA | $14 | 87 |
| 6 | Allstate | $15 | 86 |
| 7 | Haven | $11 | 86 |
| 8 | State Farm | $16 | 85 |
| 9 | Prudential | $13 | 85 |
| 10 | Bestow | $22 | 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 men in Nashville-Davidson, Mutual of Omaha offers the best cheap term life insurance with a MoneyGeek score of 92 and a monthly premium of $13. For women, Protective leads with a MoneyGeek score of 92 and a monthly premium of $12.
Various factors affect life insurance premiums, including age, health, coverage amount and term length. To get the lowest premiums, maintain good health, choose a shorter term and opt for a lower coverage amount. Mutual of Omaha and Protective score high due to their affordability, customer satisfaction and financial stability.
| 1 | Mutual of Omaha | $13 | 92 |
| 2 | Nationwide | $15 | 91 |
| 3 | Protective | $15 | 91 |
| 4 | Transamerica | $15 | 89 |
| 5 | Prudential | $20 | 84 |
| 6 | Allstate | $24 | 84 |
| 7 | Haven | $20 | 84 |
| 8 | AAA | $23 | 84 |
| 9 | State Farm | $25 | 82 |
The average monthly cost of term life insurance in Nashville-Davidson is $23 for women and $29 for men. Several factors affect life insurance premiums. Age, health, lifestyle, and occupation are significant contributors. For instance, younger individuals typically pay lower premiums, while those with certain health conditions may face higher costs.
In Nashville-Davidson, life insurance premiums might be different from the rest of Tennessee due to various reasons. Local demographics, such as age distribution and health trends, can influence rates. Additionally, economic conditions and the cost of living in Nashville-Davidson may also play a role.
Understanding these factors can help you make informed decisions when purchasing life insurance. It's essential to consider your unique circumstances and consult with a professional to find the best policy for your needs.
Mutual of Omaha offers the best life insurance for men in Nashville-Davidson. It has the highest MoneyGeek score for men, ensuring reliable coverage and excellent customer satisfaction.
The monthly premium cost for the best life insurance for men in Nashville-Davidson is $31. This cost is based on the highest MoneyGeek score for men, provided by Mutual of Omaha.
Protective offers the best life insurance for women in Nashville-Davidson. It has the highest MoneyGeek score for women, ensuring reliable coverage and excellent customer satisfaction.
The monthly premium cost for the best life insurance for women in Nashville-Davidson is $23. This cost is based on the highest MoneyGeek score for women, provided by Protective.
Life insurance in Nashville-Davidson is similar to the rest of Tennessee. Both regions offer competitive rates and reliable coverage. However, specific companies like Mutual of Omaha and Protective may have higher scores in Nashville-Davidson, offering better options for residents.
If a life insurance company goes bankrupt in Nashville-Davidson, policies are typically protected by state guaranty associations. These associations ensure that policyholders receive coverage up to certain limits, providing financial security even if the company fails.
Nashville-Davidson residents need life insurance for financial security. It helps cover expenses like mortgage payments, education costs, and daily living expenses in the event of the policyholder's death. Life insurance ensures that families are financially protected.
To find a lost life insurance policy in Nashville-Davidson, contact the insurance company directly. If the company is unknown, use state resources like the Tennessee Department of Commerce and Insurance, which can assist in locating unclaimed policies.
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.
