Updated: November 22, 2024
Advertising & Editorial Disclosure
Protective is the best life insurance company for both men and women in Orlando, Florida. It has a MoneyGeek score of 92 for both genders. The monthly premium for men is $28, while for women, it is $22. The score and premium costs are based on a 20-year term policy with $500,000 coverage.
Different factors should be considered when deciding on life insurance. 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 Orlando, Florida.
Coverage costs and company information for life insurance providers were updated in August 2024.
BestLife InsuranceOrlando, FLBest Life Insurance Companies in Orlando
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 Orlando, Protective offers the best life insurance for men and women, with a MoneyGeek score of 92 for both. Its average monthly premium is $28 for men and $22 for women.
Top providers for men:
Top providers for women:
Protective's high score reflects its balance of affordability, customer satisfaction and financial stability. This makes it a suitable option for the average individual looking to purchase life insurance in Orlando.
Protective is the premier choice for life insurance in Orlando for men and women, with a MoneyGeek score of 92 for both. Men can secure their policy at an approximate monthly cost of $28, while women benefit from a slightly lower rate of around $22 per month. The company's commitment to excellence is reflected in its high customer satisfaction and affordability scores, making it a reliable option for those seeking life insurance.
Pros:
Cons:
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 Orlando, with a MoneyGeek score of 92 for men and 91 for women. Its average monthly premium is $13 and $11, respectively. The company's high scores reflect its commitment to customer satisfaction and financial stability, making it an excellent choice for individuals looking for reliable term life insurance coverage.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance offers a death benefit over a set period, making it a straightforward option for those who want to ensure financial security for their beneficiaries without a lifelong commitment. For instance, a parent might choose term life insurance to cover the years until their children are financially independent.
Protective is the top choice for term life insurance in Orlando, with a MoneyGeek score of 92 for men and 91 for women. With a monthly premium of $13 and $11, respectively, it offers a blend of value and reliability.
Pros:
Cons:
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 is the best whole life insurance provider in Orlando for men and women, with a MoneyGeek score of 92 for both. With high marks in affordability, customer satisfaction and financial stability, Protective ensures policyholders receive quality service and value for their investment.
Top whole life companies for men in Orlando:
Top whole life companies for women in Orlando:
Whole life insurance offers a permanent solution for those seeking lifelong coverage with a fixed premium. For instance, a parent might choose whole life insurance to ensure their child's financial stability regardless of when they pass away.
In Orlando, Protective is the premier choice for whole life insurance, catering to both men and women. With a MoneyGeek score of 92 for both genders, the company demonstrates a commitment to excellence across multiple aspects of service.
Pros:
Cons:
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 is the best universal life insurance provider in Orlando for men and women, with a MoneyGeek score of 91 for both genders. This score indicates that the company excels in affordability, customer satisfaction, buying process, financial stability and product diversity. The average individual seeking a reliable universal life insurance policy would benefit from considering Protective, as it offers a strong combination of value and service quality.
Best universal life insurance for men:
Best for women's universal life insurance:
Universal life insurance is a flexible policy that combines life insurance with an investment savings element. For instance, someone might choose universal life insurance over term life insurance to benefit from the potential to accumulate cash value that can grow tax-deferred, which can be a desirable feature for long-term financial planning.
For those seeking universal life insurance in Orlando, Protective is the leading company for men and women. It has a MoneyGeek score of 91 for both genders. This score reflects a strong combination of customer satisfaction, affordability and financial stability.
Pros:
Cons:
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 Orlando, Protective provides the best life insurance with no mandatory medical exam. It has a MoneyGeek score of 91 for both men and women. For the average individual in Orlando, choosing Protective means relying on a provider that tops the charts in customer satisfaction, is financially stable and has diverse product offerings. These features make Protective a solid choice for those seeking dependable coverage without the hassle of a medical exam.
Best no-medical-exam life insurance for men:
Best life insurance for women that does not require a medical exam:
Life insurance that doesn't require a medical exam grants coverage without the need for a medical check-up. It can be particularly advantageous for those requiring insurance swiftly or with health conditions that might otherwise complicate the process.
In Orlando, Protective is the premier choice for men and women seeking life insurance without the hassle of a medical exam. It has a MoneyGeek score of 91 for both genders. This top score reflects the company's commitment to customer satisfaction and financial stability, ensuring policyholders receive quality service and reliable coverage.
Pros:
Cons:
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.
Protective stands out for seniors in Orlando seeking the best term life insurance. It has a MoneyGeek score of 91 for both men and women. Men can expect an average monthly premium of $56, while women are quoted around $48 per month.
Age significantly influences life insurance premiums as it correlates with the insurer's risk level; older individuals often face higher rates due to increased health risks. Protective achieves its high MoneyGeek score through a combination of affordability, customer satisfaction, an efficient buying process, financial stability and product diversity. This score is a solid indicator for seniors who prioritize a balance of cost and quality in their insurance provider. When selecting the best term life insurance for seniors, consider factors such as coverage needs, financial goals and overall health.
| 1 | Protective | $56 | 91 |
| 2 | Mutual of Omaha | $60 | 91 |
| 3 | Nationwide | $57 | 90 |
| 4 | Allstate | $49 | 89 |
| 5 | AAA | $71 | 88 |
| 6 | Transamerica | $57 | 87 |
| 7 | Prudential | $74 | 85 |
| 8 | State Farm | $97 | 84 |
| 9 | Haven | $111 | 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 for those seeking the best term life insurance for smokers in Orlando. For men, it has a MoneyGeek score of 91 and an average monthly premium of $37. For women, it has a score of 90 and a monthly premium of around $31. This provider demonstrates a strong balance of affordability, customer satisfaction and financial stability.
Smokers face higher insurance premiums due to the increased risk of health issues associated with tobacco use. This makes finding a reliable insurer like Mutual of Omaha, which offers competitive rates and has a high MoneyGeek score, especially important. Its score reflects a commitment to meeting the needs of smokers looking for term life coverage that accommodates the financial implications of their lifestyle.
| 1 | Mutual of Omaha | $37 | 91 |
| 2 | Nationwide | $42 | 89 |
| 3 | AAA | $40 | 89 |
| 4 | Transamerica | $32 | 88 |
| 5 | Protective | $54 | 88 |
| 6 | Prudential | $35 | 87 |
| 7 | State Farm | $50 | 86 |
| 8 | Allstate | $50 | 85 |
| 9 | Haven | $65 | 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 Orlando, Protective provides the best term life insurance for young adults. It earns a MoneyGeek score of 92 for both men and women and offers average monthly premiums of $8 for men and $7 for women. Protective's high MoneyGeek score is attributed to its affordability, customer satisfaction and financial stability.
Age plays a crucial role in determining life insurance premiums, with younger adults typically benefiting from lower costs. Choosing the best term life insurance for young adults is essential for securing financial protection at a reasonable cost.
| 1 | Protective | $8 | 92 |
| 2 | Mutual of Omaha | $9 | 91 |
| 3 | Nationwide | $10 | 90 |
| 4 | AAA | $10 | 89 |
| 5 | Allstate | $8 | 89 |
| 6 | Transamerica | $8 | 88 |
| 7 | State Farm | $16 | 86 |
| 8 | Haven | $12 | 86 |
| 9 | Prudential | $15 | 85 |
| 10 | Bestow | $25 | 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.
Protective offers the best cheap term life insurance in Orlando for both men and women. It stands out as the top choice, with a MoneyGeek score of 92 and a monthly premium of $13 for men; for women, it has a score of 91 and an average monthly premium of $11. Protective's high scores are due to its affordability, customer satisfaction and financial stability, which ensure you get great value and financial protection.
Age, health and coverage amount are factors affecting life insurance premiums. To get the lowest premiums, maintain good health, avoid tobacco and choose a term length that fits your needs.
| 1 | Protective | $13 | 92 |
| 2 | Allstate | $12 | 91 |
| 3 | Nationwide | $15 | 91 |
| 4 | Mutual of Omaha | $15 | 90 |
| 5 | Transamerica | $14 | 90 |
| 6 | AAA | $17 | 88 |
| 7 | Haven | $21 | 83 |
| 8 | State Farm | $25 | 82 |
| 9 | Prudential | $22 | 82 |
The average monthly premium for term life insurance in Orlando is $21 for women and $26 for men.
Several factors influence the cost of life insurance premiums. These include age, health, lifestyle, occupation and the amount of coverage. Insurers assess these factors to determine the risk associated with each policyholder.
For various reasons, life insurance costs in Orlando might be higher or lower than in the rest of Florida. Local health care costs, economic conditions and demographic trends can all play a role. For instance, areas with higher health care costs might see higher insurance premiums. Additionally, regions with younger populations might have lower premiums, as younger individuals often pose less risk to insurers.
Understanding these factors can help you make informed decisions about your life insurance needs.
Protective offers the best life insurance in Orlando for men, with a MoneyGeek score of 92 out of 100. This score reflects high affordability, customer satisfaction and financial stability.
The average monthly premium for the best life insurance for men in Orlando from Protective is $28. This cost provides coverage between $250,000 and $500,000 for a term of 20 years.
Protective offers the best life insurance in Orlando for women, with a MoneyGeek score of 92 out of 100. This score reflects high affordability, customer satisfaction and financial stability.
The average monthly premium for the best life insurance for women in Orlando from Protective is $22. This cost provides coverage between $250,000 and $500,000 for a term of 20 years.
Life insurance in Orlando may have different rates and coverage options compared to the rest of Florida. For example, Orlando has competitive premiums and high customer satisfaction scores. It's essential to compare local providers to find the best options.
If a life insurance company goes bankrupt in Orlando, guaranty associations in Florida may protect policyholders. These associations provide coverage up to certain limits, ensuring that policyholders do not lose their benefits entirely.
Orlando residents may need life insurance to provide financial security for their families, cover debts or plan for future expenses. Life insurance can help ensure that loved ones are financially protected in case of an unexpected death.
To find a lost life insurance policy in Orlando, check personal records, contact the deceased's financial advisors and reach out to the Florida Department of Financial Services. Online databases and the National Association of Insurance Commissioners can also assist.
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.
