Best Life Insurance in North Charleston, SC (August 2024)

Mutual of Omaha is the best insurance company for men with a MoneyGeek score for men is 90 out of 100, with an average monthly premium of $25. For women, Protective is the best life insurance company in North Charleston. Its MoneyGeek score is 92, with an average premium of $16 per month.

Different factors influence life insurance decisions, and 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.

In North Charleston, Protective offers the best life insurance for women, with a MoneyGeek score of 92 and a monthly premium of $16 for women and a score of 91. Mutual of Omaha is the top insurance company for men, with a MoneyGeek score of 90 and an average monthly premium of $25.

Top providers for men:

• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $25 per month for men
• Protective: MoneyGeek score of 90 out of 100 at $26 per month for men

Top providers for women:

• Protective: MoneyGeek score of 92 out of 100 at $16 per month for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $20 per month for women

Protective stands out for its high MoneyGeek scores, indicating strong performance across affordability, customer satisfaction and financial stability. This makes it a reliable choice for the average individual seeking life insurance in North Charleston.

Mutual of Omaha stands out as the best term life insurance provider for men in North Charleston, with a MoneyGeek score of 91 and a monthly premium of $11. For women, Protective leads with the same score of 91 and a monthly premium of $8. These companies offer policies that balance cost with customer satisfaction, financial stability and product diversity, making them ideal for individuals seeking reliable term life insurance coverage.

The top two term life insurance companies for men are:

• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $11 per month for men
• Nationwide: MoneyGeek score of 91 out of 100 at $11 per month for men

For women, the top two are:

• Protective: MoneyGeek score of 90 out of 100 at $8 per month for women
• Mutual of Omaha: MoneyGeek score of 89 out of 100 at $9 per month for women

The best term life insurance policies provide financial security for a set period, which can be crucial for those with temporary needs or a limited budget. For instance, a parent may opt for term insurance to ensure their child's education is funded if they pass away before the child graduates.

In North Charleston, Protective stands out as the provider with the best whole life insurance for both men and women, with a MoneyGeek score of 92. This score reflects the company's strong performance across affordability, customer satisfaction, and financial stability, making it a reliable choice for long-term financial security.

Top whole life companies for men in North Charleston:

• 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 North Charleston:

• 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 type of permanent life insurance that offers a death benefit and cash value accumulation. For instance, someone might choose best whole life insurance over term life insurance for the added benefit of having a savings component that grows over time, which can serve as a financial resource during retirement.

In North Charleston, Protective stands out with the best universal life insurance for both men and women, boasting a MoneyGeek score of 91.

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 for women's universal life insurance:

• Protective: MoneyGeek score of 91 out of 100 for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 for women

The best universal life insurance policies offer flexibility in premiums and death benefits, catering to a range of financial needs and life changes.

The Protective company stands out with the best no-medical-exam life insurance in North Charleston for both men and women, boasting a MoneyGeek score of 91. This score reflects a balance of affordability, customer satisfaction, and financial stability, making Protective an optimal choice for individuals seeking reliable coverage without the hassle of a medical exam.

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

No medical exam life insurance allows individuals to obtain life insurance quickly and without the need for a medical assessment. This can help those who prefer a more streamlined insurance process. For example, a busy professional in Columbia might choose the best no-medical-exam life insurance to secure coverage promptly without fitting a medical appointment into their schedule.

The Mutual of Omaha stands out as the provider of the best term life insurance for seniors in North Charleston, with a MoneyGeek score of 92 for men and 91 for women. The monthly premium is $40 for men and $34 for women.

Age is a determining factor in life insurance premiums; as the risk of health issues increases with age, so does the cost of insurance.

For men seeking the best term life insurance for smokers in North Charleston, Mutual of Omaha stands out with a MoneyGeek score of 90 and a monthly premium of $24. Women, on the other hand, will find Allstate at the top with a score of 89 and a $12 monthly premium.

Smoking significantly influences life insurance premiums due to the health risks it poses, often leading to higher costs for smokers. Mutual of Omaha and Allstate's high MoneyGeek scores reflect their balance of affordability, customer satisfaction, and financial stability. These factors are key for individuals looking for the best term life insurance for smokers.

For the best term life insurance for young adults in North Charleston, Protective stands out for both men and women with a MoneyGeek Score of 91 and a monthly premium of $5 for women and $7 for men.

Younger adults typically benefit from lower premiums due to their lower risk of health issues. Protective earns its high score through a combination of affordability, excellent customer satisfaction and strong financial stability.

For the best cheap term life insurance in North Charleston, Nationwide tops the list for men with a MoneyGeek score of 90 and an average monthly premium of $11. For women, Protective is the leading provider, with a MoneyGeek score of 90 and a monthly premium of $8. Nationwide scores high due to its easy buying process and affordability, while Protective excels in customer satisfaction and financial stability.

Age, health and coverage all influence the cost of life insurance. To get the lowest premiums, you should strive to maintain good health, avoid tobacco use and compare quotes from different insurers.

In North Charleston, the average cost of term life insurance premiums is $15 per month for women and $22 per month for men. Many factors can influence the cost of life insurance premiums. These include age, health status, lifestyle choices and occupation. Insurers assess these factors to determine the risk profile of an individual, which in turn affects the premium rates.

Several reasons might explain why life insurance costs in North Charleston could be higher or lower compared to the rest of South Carolina. Local economic conditions can impact affordability and premium rates. Additionally, access to healthcare and local demographic factors, such as the average age and health of the population, can also play a role in determining insurance costs.