Updated: November 21, 2024
Advertising & Editorial Disclosure
Protective is the best life insurance company in New Haven, Connecticut, for both men and women. With a MoneyGeek score of 92 and a monthly premium of $16 for women and $17 for men, Protective offers the best value.
When choosing life insurance, consider factors like term length, coverage amount, and your unique needs. These scores and premium costs are based on a 20-year term policy with $500,000 coverage. Your specific situation may lead to a different company being the best fit 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 New Haven, Connecticut.
Coverage costs and company information for life insurance providers were updated in August 2024.
BestLife InsuranceNew Haven, CTBest Life Insurance Companies in New Haven
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 New Haven, Protective offers the best life insurance for men and women with a MoneyGeek score of 92 out of 100 and a monthly premium of $17 for men and $16 for women. Protective stands out for its affordability and high customer satisfaction, making it a reliable choice for the average individual seeking life insurance in New Haven.
The top providers for men are:
The top providers for women are:
Choosing Protective ensures you get a balance of cost-effectiveness and customer satisfaction, making it a sound option for life insurance in New Haven.
In New Haven, Protective stands out as the premier choice for life insurance for men and women, boasting a MoneyGeek score of 92. For women, the monthly premium is $16, while for men it is $17, reflecting the company's commitment to affordability. Protective's high scores in crucial areas make it a reliable option for life insurance seekers in the area.
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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.
For individuals in New Haven seeking the best term life **insurance,** Protective emerges as the top provider for men and women. With a MoneyGeek score of 91 for men and 92 for women, Protective offers policies at approximately $9 per month for both. This company stands out for its 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 term, and it can be an ideal choice for those needing insurance for a known period. For example, parents might choose term insurance to ensure their child's education is funded should they pass away unexpectedly.
Protective stands out as the premier choice for term life insurance in New Haven for women and men, with a MoneyGeek score of 92 for both. The company offers a monthly premium of $9 for both, providing a balance of cost and quality coverage.
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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 New Haven for men and women, with a MoneyGeek score of 66. This score reflects the company's commitment to providing excellent coverage options, customer satisfaction and financial stability, making it a top choice for individuals seeking reliable life insurance policies.
The top providers for men are:
The top providers for women are:
Whole life insurance is a permanent policy that provides lifelong coverage and includes an investment component known as cash value. For example, someone might choose whole life insurance to ensure their family's financial stability while also building cash value that can be borrowed against in the future.
Protective stands out as the premier choice for whole life insurance in New Haven, boasting a MoneyGeek Score of 92 for both men and women. This score reflects the company's commitment to excellence across various metrics.
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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 provides the best universal life insurance in New Haven for men and women, with a MoneyGeek score of 91 for each. This top ranking suggests that Protective can offer the average individual robust financial stability, a satisfying buying process, and a diverse range of products at an affordable cost.
The top providers for men are:
The top providers for women are:
Universal life insurance provides a flexible premium and death benefit, with the potential for cash value growth. For example, someone who wants the ability to adjust their coverage as their financial situation changes might choose universal life insurance over term life, which has a fixed term and no cash value.
Protective stands out as the premier choice for universal life insurance in New Haven, serving men and women with equal excellence. With a MoneyGeek score of 91 for both, Protective demonstrates a strong commitment to customer satisfaction and affordability. Clients can rely on the financial stability that Protective offers, ensuring long-term confidence in their life insurance choice.
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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 New Haven, Protective provides the best life insurance with no mandatory medical exam for men and women, with a MoneyGeek score of 91. This score reflects the company's commitment to affordability, customer satisfaction, and financial stability.
The top providers for men are:
The top providers for women are:
Life insurance without a required medical exam allows individuals to obtain coverage more quickly and with less effort than traditional policies, which often require a medical examination. For example, someone with a busy lifestyle or a fear of medical procedures might opt for this insurance over other policies for convenience and peace of mind.
In New Haven, Protective stands out as the premier provider for no-medical-exam life insurance for both men and women, with a MoneyGeek score of 91 for each group. This top ranking reflects the company's commitment to satisfaction and value for its clients.
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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.
In New Haven, the best term life insurance for seniors for men is from Mutual of Omaha, with a MoneyGeek score of 66 and a monthly premium of $39. For women, Protective leads with a score of 65 and a monthly premium of $42.
Age significantly influences life insurance premiums, with older individuals typically facing higher costs. Mutual of Omaha and Protective's top MoneyGeek scores reflect their strong customer satisfaction, financial stability and product diversity. This is pivotal for seniors who prioritize reliability and comprehensive coverage in their life insurance choices.
| 1 | Mutual of Omaha | $39 | 91 |
| 2 | Protective | $41 | 91 |
| 3 | Nationwide | $43 | 90 |
| 4 | Allstate | $37 | 89 |
| 5 | AAA | $48 | 88 |
| 6 | Transamerica | $43 | 87 |
| 7 | Prudential | $42 | 87 |
| 8 | State Farm | $80 | 84 |
| 9 | Haven | $70 | 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 New Haven, Mutual of Omaha provides the best term life insurance for smokers out with the highest MoneyGeek scores, with a score of 67 for men and 61 for women. Men can expect a monthly premium of $39, while women are quoted at $40.
Smoking is a significant factor in determining life insurance premiums due to the elevated health risks it presents. Insurers like Mutual of Omaha assess these risks and reflect them in the cost of premiums.
| 1 | Mutual of Omaha | $39 | 92 |
| 2 | AAA | $44 | 89 |
| 3 | Protective | $64 | 88 |
| 4 | Transamerica | $40 | 88 |
| 5 | Nationwide | $53 | 88 |
| 6 | Prudential | $39 | 87 |
| 7 | State Farm | $58 | 85 |
| 8 | Allstate | $62 | 84 |
| 9 | Haven | $69 | 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.
For the best term life insurance for young adults in New Haven, Protective stands out for both men and women with a MoneyGeek score of 92 and a monthly premium of $5.
Age significantly impacts the cost of life insurance premiums, with younger individuals typically enjoying lower rates. Protective's high rating is due to its affordability, customer satisfaction, and financial stability. This makes it an excellent choice for young adults seeking term life insurance in New Haven.
| 1 | Protective | $5 | 92 |
| 2 | Mutual of Omaha | $5 | 92 |
| 3 | Nationwide | $7 | 90 |
| 4 | AAA | $6 | 90 |
| 5 | Allstate | $5 | 89 |
| 6 | Transamerica | $6 | 88 |
| 7 | State Farm | $12 | 87 |
| 8 | Prudential | $8 | 87 |
| 9 | Haven | $7 | 87 |
| 10 | Bestow | $32 | 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 seeking the best cheap term life insurance in New Haven, Protective stands out with a MoneyGeek Score of 92 and a monthly premium of $9 for men and women. Factors that influence life insurance premiums include age, health, coverage amount and term length.
To get the lowest premiums, maintain good health, choose a shorter term length, and opt for a lower coverage amount. Protective's high MoneyGeek score reflects its excellent customer satisfaction, affordability, and financial stability, making it a top choice for those looking for value in their life insurance policy.
| 1 | Protective | $9 | 92 |
| 2 | Mutual of Omaha | $9 | 92 |
| 3 | Allstate | $8 | 91 |
| 4 | Nationwide | $11 | 91 |
| 5 | AAA | $11 | 89 |
| 6 | Transamerica | $10 | 89 |
| 7 | Prudential | $13 | 86 |
| 8 | Haven | $12 | 86 |
| 9 | State Farm | $19 | 82 |
The average cost of term life insurance premiums in New Haven is $17 per month for men and women. Various factors affect these premiums, including age, health, lifestyle and occupation. For instance, younger individuals or those in good health generally pay lower premiums. Conversely, those with risky occupations or health issues may face higher costs.
In New Haven, the cost of life insurance might be influenced by local health statistics, lifestyle trends and economic factors. For example, if New Haven has higher rates of certain health conditions, this could lead to increased premiums. Similarly, local economic conditions and lifestyle choices, such as smoking rates or physical activity levels, can also impact insurance costs.
Protective has the best life insurance in New Haven for men. This conclusion is based on the highest MoneyGeek score for men in the area. The company excels in customer satisfaction and affordability.
The monthly premium cost for the best life insurance for men in New Haven is $17. Protective offers the best policy, balancing affordability and customer satisfaction.
Protective has the best life insurance in New Haven for women. This conclusion is based on the highest MoneyGeek score for women in the area. The company excels in customer satisfaction and affordability.
The monthly premium cost for the best life insurance for women in New Haven is $16. Protective offers the best policy, balancing affordability and customer satisfaction.
Life insurance in New Haven is similar to the rest of Connecticut. Protective ranks highest in both areas for men and women. The company excels in customer satisfaction and affordability, making it a top choice statewide.
If a life insurance company goes bankrupt in New Haven, state guaranty associations protect policyholders. These associations cover claims up to certain limits, ensuring that policyholders are not left without coverage.
New Haven residents might need life insurance for financial security. It provides a safety net for families, covering expenses like mortgages, education and daily living costs in the event of the policyholder's death.
To find a lost life insurance policy in New Haven, residents can contact the state's insurance department. They can also use online tools and resources provided by state and national insurance associations.
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.
