Best Life Insurance in Portland, OR (August 2024)

Protective has the highest MoneyGeek score for both men and women in Portland, Oregon. For men, the MoneyGeek score is 92 with an average monthly premium of $18. For women, the MoneyGeek score is also 92 with a monthly premium of $15. This makes Protective the best life insurance option in Portland, Oregon for both men and women.

When deciding on life insurance, consider different factors such as coverage needs, premium costs, and customer service. 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 Portland, Protective offers the best life insurance for both men and women, with a MoneyGeek score of 92 out of 100 and an average monthly premium of $18 for men and $15 for women.

Top providers for men:

• Protective: MoneyGeek score of 92 out of 100 at $18 per month for men
• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $21 per month for men

Top providers for women:

• Protective: MoneyGeek score of 92 out of 100 at $15 per month for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $19 per month for women

Protective's high scores for both men and women indicate reliability and value, making it the best choice for the average individual looking to purchase life insurance in Portland.

Protective is the best term life insurance provider in Portland, with a MoneyGeek score of 92 for men and 92 for women. The average monthly premium is $9 for men and $8 for women, offering a competitive edge for those seeking reliable coverage.

The top two term life insurance companies for men are:

• Protective: MoneyGeek score of 92 out of 100 at $9 per month for men
• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $9 per month for men

For women, the top two are:

• Protective: MoneyGeek score of 92 out of 100 at $8 per month for women
• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $9 per month for women

Term life insurance is a policy where coverage is provided for a specified term, offering financial protection for beneficiaries in the event of the policyholder's passing.

Protective is the top provider of the best whole life insurance in Portland, with a MoneyGeek score of 92 for both men and women. This score reflects the company's commitment to affordability, customer satisfaction and financial stability.

Top whole life companies for men in Portland:

• 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 Portland:

• 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 permanent policy that provides lifetime coverage with a fixed premium and a cash value component. It's an ideal choice for those who want predictable costs and the ability to accumulate savings over time.

For individuals in Portland looking for the best universal life insurance, Protective stands out for both men and women, boasting a MoneyGeek score of 91. Protective offers a reliable and cost-effective option for universal life insurance policies.

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

Universal life insurance provides flexibility in premium payments and potential cash value growth over time. For example, someone might choose universal life insurance to have the option to adjust their premiums and coverage as their financial circumstances change.

In Portland, Protective stands out as the provider with the best no-medical-exam life insurance for both men and women, with a MoneyGeek score of 91. This score reflects the company's strong performance across various metrics, indicating reliability and customer satisfaction for potential policyholders.

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

An individual with a busy lifestyle or a fear of medical procedures might opt for the best no-medical exam-life insurance over traditional policies to save time and avoid discomfort.

For older men and women in Portland seeking the best term life insurance for seniors in Portland, Protective is at the top, earning a MoneyGeek Score of 91 and a $38 average monthly premium for men and $36 for women.

Age impacts life insurance premiums, as insurers weigh the increased health risks that come with age. Mutual of Omaha and Protective stand out due to their strong performance across affordability for seniors, customer satisfaction, buying process, financial stability and product diversity.

In Portland, Mutual of Omaha stands out for those seeking the best term life insurance for smokers, with a MoneyGeek score of 92 for men and 91 for women, and an average monthly premium of $38 for men and $37 for women

Smoking significantly affects life insurance premiums due to the health risks it poses, often leading to higher rates for smokers than nonsmokers.

For the best term life insurance for young adults in Portland, Protective stands out with a MoneyGeek score of 92 and a monthly premium of $5. Age plays a crucial role in determining life insurance premiums.

Younger adults generally benefit from lower premiums due to their lower risk profile. Protective achieves its top ranking due to its affordability, high customer satisfaction and solid financial stability.

For the best cheap term life insurance in Portland, Protective stands out for both men and women with a MoneyGeek Score of 92 and a monthly premium of $9 for men and $8 for women. Factors affecting life insurance premiums include age, health, and coverage amount. To get the lowest premiums, maintain excellent health, choose a shorter term length and opt for lower coverage.

The average monthly premium for term life insurance in Portland is $17 for women and $18 for men. These costs are rounded to the nearest whole number for clarity. Various factors affect life insurance premiums, including age, health, lifestyle, occupation and the length of the policy. For instance, younger individuals typically pay lower premiums due to lower health risks, while those with high-risk occupations might see higher rates.

In Portland, several factors could influence why life insurance costs might be higher or lower compared to other parts of Oregon. Local health care costs, regional mortality rates and economic conditions can all play a role. For example, higher health care costs in Portland could lead to higher premiums.