Updated: November 21, 2024
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Protective is the best life insurance company in Provo, Utah for men and women. The MoneyGeek score for men is 92, with a monthly premium cost of $21. For women, the MoneyGeek score is also 92, with a monthly premium cost of $18.
These scores and 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.
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 Provo, Utah.
Coverage costs and company information for life insurance providers were updated in August 2024.
BestLife InsuranceProvo, UTBest Life Insurance Companies in Provo
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.
Protective offers the best life insurance in Provo for men and women, with a MoneyGeek score of 92 and monthly premiums of $21 for men and $18 for women.
The top providers for men are:
The top providers for women are:
Protective stands out as the best choice due to its high MoneyGeek score and affordable premiums. This makes it an excellent option for the average person looking to purchase life insurance in Provo.
Protective is the premier life insurance provider in Provo for men and women, with a MoneyGeek score of approximately 92. With monthly premiums around $18 for women and $21 for men, Protective offers a blend of value and quality service. Customers can rely on Protective's robust financial stability and exceptional customer satisfaction to secure their futures.
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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.
Protective stands out as the provider of the best term life insurance in Provo for men and women, with a MoneyGeek score of 92 and monthly premiums of $11 for men and $10 for women.
Protective offers an optimal blend of affordability, customer satisfaction and financial stability, making it a smart choice for people seeking reliable coverage without unnecessary complexity or cost.
The top providers for men are:
The top providers for women are:
Term life insurance is a straightforward insurance product designed to provide financial protection for a specific period. For example, a parent might purchase a term life policy to ensure that their child's education costs will be covered in the event of an untimely death. It's often chosen over permanent life insurance due to its lower cost and simplicity.
For women and men in Provo seeking reliable term life insurance, Protective emerges as the leading choice with a MoneyGeek score of 92 for both. The company offers a monthly premium of $10 forwomen and $11 for men, making it accessible and cost-effective.
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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.
In Provo, Protective offers the best whole life insurance for men and women, with a MoneyGeek score of 92.
The company's high score suggests it offers a valuable combination of affordability, customer satisfaction and financial stability, making it a solid choice for individuals seeking reliable life insurance coverage.
The top providers for men are:
The top providers for women are:
Whole life insurance provides lifelong coverage and a cash value component, which can be appealing for those seeking a stable, long-term financial planning tool. For instance, someone might choose to ensure their family's financial security while also investing in a policy that accumulates cash value over time.
In Provo, Protective emerges as the premier choice for whole life insurance for men and women, with a MoneyGeek score of 92. Customers can trust in Protective's commitment to satisfaction and value.
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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 offers the best universal life insurance in Provo, with a MoneyGeek score of 91 for men and women. This score suggests that Protective offers a strong combination of customer service, affordability and product diversity.
The top providers for men are:
The top providers for women are:
Universal life insurance is a flexible type of life insurance that offers lifelong coverage along with a cash value component that can grow over time. For example, someone might choose the potential to accumulate savings while also having the security of life insurance, especially if they are looking for a policy that can adapt to their changing financial needs.
Protective is the top choice for the best universal life insurance in Provo for men and women, with MoneyGeek scores of 91 for each group. This reflects a strong balance of affordability, customer satisfaction, and financial stability that Protective offers to its clients. Here are the key points to consider about Protective's service offerings:
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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 Provo, Protective provides the best life insurance with no mandatory medical exam for men and women, with a MoneyGeek score of 91. The company's high score reflects its commitment to affordability, customer satisfaction, and financial stability, making it an optimal choice for the average individual seeking life insurance without the hassle of a medical exam.
The top providers for men are:
The top providers for women are:
No-medical-exam life insurance allows people to obtain coverage quickly and without the need for a medical check-up. This can be particularly advantageous for those who need immediate coverage or have health issues that might complicate a standard insurance application process.
For example, a busy parent or someone with a minor health condition might opt for such insurance to ensure they can secure coverage without delay or the potential for denial based on health.
Protective emerges as the premier choice for no-medical-exam life insurance in Provo, catering to both men and women with a MoneyGeek score of 91. This company stands out for its commitment to customer satisfaction and affordability, ensuring a value-driven insurance experience.
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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.
Protective stands out with the best term life insurance for seniors in Provo, scoring a MoneyGeek score of 92 for men and 91 for women. The monthly premium is approximately $45 for men and $44 for women.
Age directly influences the cost of life insurance premiums; as the risk of insuring a person increases with age, so does the premium. Protective's high MoneyGeek score reflects its excellence in affordability, customer satisfaction, the buying process, financial stability, and product diversity, making it a leading choice for seniors.
| 1 | Protective | $45 | 92 |
| 2 | Mutual of Omaha | $52 | 91 |
| 3 | Nationwide | $51 | 90 |
| 4 | AAA | $59 | 88 |
| 5 | Allstate | $53 | 88 |
| 6 | Prudential | $44 | 88 |
| 7 | Transamerica | $58 | 86 |
| 8 | State Farm | $88 | 84 |
| 9 | Haven | $90 | 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 Provo, Mutual of Omaha provide the best term life insurance for smokers, securing the highest MoneyGeek score of 90 for men with a monthly premium of $52 and 89 for women at $53.
Smoking significantly influences life insurance premiums due to the associated health risks, leading to higher costs for smokers compared to non-smokers. Mutual of Omaha's top position reflects its excellence in key areas such as customer satisfaction and financial stability, making it an attractive choice for smokers who value a comprehensive insurance package.
| 1 | Mutual of Omaha | $52 | 90 |
| 2 | Nationwide | $53 | 89 |
| 3 | Protective | $68 | 88 |
| 4 | Prudential | $40 | 88 |
| 5 | Transamerica | $49 | 87 |
| 6 | State Farm | $63 | 86 |
| 7 | AAA | $83 | 85 |
| 8 | Allstate | $84 | 84 |
| 9 | Haven | $74 | 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.
The best term life insurance for young adults in Provo is offered by Protective, with a MoneyGeek score of 92 and a monthly premium of $7 for men and $6 for women.
Age significantly influences life insurance premiums, with younger adults generally benefiting from lower costs. Protective achieves the highest MoneyGeek score due to its balance of affordability, customer satisfaction and financial stability.
| 1 | Protective | $7 | 92 |
| 2 | Mutual of Omaha | $8 | 91 |
| 3 | Nationwide | $9 | 89 |
| 4 | AAA | $9 | 88 |
| 5 | Allstate | $8 | 87 |
| 6 | Transamerica | $9 | 87 |
| 7 | Prudential | $9 | 86 |
| 8 | Haven | $10 | 85 |
| 9 | State Farm | $15 | 84 |
| 10 | Bestow | $13 | 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.
In Provo, Protective offers the best cheap term life insurance for men and women, with a MoneyGeek score of 92 and monthly premiums of $11 and $10, respectively.
Factors affecting life insurance premiums include age, health, coverage amount, and term length. To get the lowest premiums, maintain good health, choose a shorter term and compare quotes from multiple providers.
Protective stands out due to its high customer satisfaction and financial stability scores, making it a reliable choice for those seeking affordable term life insurance in Provo.
| 1 | Protective | $11 | 92 |
| 2 | Mutual of Omaha | $13 | 90 |
| 3 | Nationwide | $14 | 90 |
| 4 | Allstate | $13 | 89 |
| 5 | AAA | $14 | 88 |
| 6 | Transamerica | $14 | 88 |
| 7 | Prudential | $13 | 88 |
| 8 | Haven | $17 | 84 |
| 9 | State Farm | $23 | 82 |
The average cost of term life insurance in Provo is $18 per month for women and $21 per month for men. Several factors affect life insurance premiums, including age, health, lifestyle and location. Insurers assess these factors to determine the risk associated with insuring an individual.
In Provo, life insurance costs might be different compared to the rest of Utah due to various reasons. The city's demographics, average health statistics, and even lifestyle choices prevalent in the area can influence premium rates. For instance, if Provo has a higher concentration of younger, healthier individuals, premiums might be lower. Conversely, if it has higher healthcare costs or riskier lifestyle habits, premiums could be higher.
Understanding these factors can help consumers make informed decisions about their life insurance options. It's always a good idea to compare rates and consider personal circumstances when selecting a policy.
Protective offers the best life insurance for men in Provo, with the highest MoneyGeek score of 92. Protective's policy stands out for its affordability, customer satisfaction and financial stability.
The monthly premium cost for the best life insurance for men in Provo, offered by Protective, is $21. This cost is calculated based on a 20-year term length for a non-tobacco user aged 31 to 40 with excellent health.
Protective provides the best life insurance for women in Provo, with the highest MoneyGeek score of 92. Protective excels in affordability, customer satisfaction and financial stability.
The monthly premium cost for the best life insurance for women in Provo, provided by Protective, is $18. This premium is based on a 20-year term length for a non-tobacco user aged 31 to 40 with excellent health.
Life insurance in Provo may differ in terms of premium costs and company ratings. For example, Protective offers competitive rates and high customer satisfaction scores in Provo.
If a life insurance company goes bankrupt in Provo, policyholders are protected by state guaranty associations. These associations ensure that policyholders continue to receive coverage and benefits up to certain limits. It's important to check the specific coverage limits in Utah.
Provo residents might need life insurance for financial security and peace of mind. Life insurance can help cover expenses like mortgage payments, education costs, and daily living expenses. It ensures that loved ones are financially protected in the event of the policyholder's death.
To find a lost life insurance policy in Provo, residents should contact the insurance company directly. If the company is unknown, they can reach out to the Utah State Insurance Department for assistance. Checking bank statements for premium payments can also help locate a policy.
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.
