Updated: December 24, 2024
Advertising & Editorial Disclosure
Mutual of Omaha is the best life insurance company in Rochester, New York, for both men and women. With a MoneyGeek score of 89 and 91, respectively, it offers average monthly premiums of $19 for men and $16 for women. These scores and premium costs are based on a 20-year term policy with $500,000 coverage.
Different factors influence life insurance decisions, including coverage, term length and personal needs. 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 Rochester, New York.
Coverage costs and company information for life insurance providers were updated in October 2024.
BestLife InsuranceRochester, NYBest Life Insurance Companies in Rochester
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.
Mutual of Omaha offers the best life insurance in Rochester for both men and women, with a MoneyGeek score of 89 for men at roughly $19 per month and 91 for women at an average of $16 per month.
Top providers for men:
Top providers for women:
Mutual of Omaha stands out for its combination of affordability, high customer satisfaction and financial stability, making it a reliable choice for the average individual looking to purchase life insurance in Rochester.
Mutual of Omaha is the best life insurance provider in Rochester for both men and women. With a MoneyGeek score of 91 and 89, respectively, the company offers monthly premiums of $16 for women and $19 for men. Customers find value in Mutual of Omaha's reputable service and financial reliability, making it a top contender for your life insurance needs.
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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.
Mutual of Omaha provides the best term life insurance in Rochester for both men and women, with a MoneyGeek score of 90 and a monthly premium of $8 for men and $7 for women. This company's high score reflects its commitment to customer satisfaction, a smooth buying process and financial stability, making it a solid choice for the average individual 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 coverage for a specified period, providing a death benefit if the insured passes away during the term. It is often chosen over permanent life insurance for its affordability and simplicity. For instance, a parent might opt for term life insurance to ensure their child's educational expenses are covered until graduation.
Mutual of Omaha stands out as the best choice for term life insurance in Rochester for men and women, boasting a MoneyGeek score of 90 and 91, respectively. For a monthly premium of $8 for men and $7 for women, it provides competitive pricing, excellent customer service and financial stability, making it a solid option for life insurance 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.
Mutual of Omaha offers the best whole life insurance in Rochester for both men and women, with a MoneyGeek score of 91. This company offers a reliable choice for individuals valuing financial stability, customer satisfaction, and product diversity.
Whole life insurance provides lifelong coverage and includes an investment component that can grow over time. 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.
Mutul of Omaha is the top choice for whole life insurance in Rochester for both men and women, with an overall MoneyGeek Score of 91 for each. This score reflects Mutual of Omaha's balance of affordability and customer satisfaction.
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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.
Mutual of Omaha stands out with the universal life insurance in Rochester, with a MoneyGeek score of 90 for both men and women. This score reflects the company's strong performance, including customer satisfaction, financial stability and product diversity.
Universal life insurance offers a flexible premium and death benefit, along with the potential to build cash value over time. For instance, someone who wants the ability to adjust their premiums and coverage as their financial situation changes might opt for universal life insurance over more rigid policies.
Mutual of Omaha stands out as the premier choice for universal life insurance in Rochester, for both men and women with a MoneyGeek score of 90. The company's commitment to customer satisfaction and financial stability makes it a reliable option for those seeking life insurance coverage.
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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 Rochester, Mutual of Omaha offers the best life insurance without the hassle of a mandatory medical exam for both men and women, with a MoneyGeek score of 91.
Life insurance without a medical exam allows individuals to obtain coverage quickly and without the need for a medical checkup. This can be particularly beneficial for those with health concerns or who require immediate coverage. For instance, someone with a chronic condition might opt for no-medical-exam insurance to avoid the possibility of being denied coverage or facing higher premiums.
Mutual of Omaha stands out as the best provider of no-medical-exam life insurance in Rochester for both men and women. With a MoneyGeek score of 90 for each group, the company demonstrates a strong commitment to customer satisfaction and financial reliability.
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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.
For those seeking the best term life insurance for seniors in Rochester, Mutual of Omaha stands out with a MoneyGeek score of 90 and a monthly premium of $35 for men and $32 for women.
Age impacts life insurance premiums. Costs increase as one ages due to higher risk associated with insuring older individuals. Mutual of Omaha's high MoneyGeek score signifies a strong balance of affordability, customer satisfaction and financial stability. This makes it a prudent choice for those who prioritize both cost-effectiveness and comprehensive coverage.
| 1 | Mutual of Omaha | $35 | 90 |
| 2 | Allstate | $28 | 88 |
| 3 | Prudential | $24 | 88 |
| 4 | Nationwide | $53 | 86 |
| 5 | Haven | $40 | 85 |
| 6 | State Farm | $65 | 84 |
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.
For both men and women in Rochester seeking the best term life insurance for smokers, Mutual of Omaha stands out with a MoneyGeek score of 90. Men can expect an average monthly premium of $34, while women are quoted at $31.
Smoking significantly influences life insurance premiums due to the increased health risks associated with tobacco use. Mutual of Omaha's top MoneyGeek score reflects its strong performance across various metrics, including customer satisfaction and financial stability, indicating a reliable choice for consumers prioritizing quality coverage and service.
| 1 | Mutual of Omaha | $34 | 90 |
| 2 | Haven | $24 | 87 |
| 3 | Prudential | $31 | 86 |
| 4 | Nationwide | $59 | 86 |
| 5 | State Farm | $52 | 85 |
| 6 | Allstate | $52 | 85 |
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 Rochester, Mutual of Omaha offers the best term life insurance for young adults with a MoneyGeek score of 90 and a monthly premium of $4 for women and $5 for men.
Age plays a crucial role in determining life insurance premiums. Younger adults typically benefit from lower premiums due to their lower risk profiles. Mutual of Omaha's high MoneyGeek score is attributed to its excellent customer satisfaction and strong financial stability.
| 1 | Mutual of Omaha | $5 | 90 |
| 2 | Haven | $3 | 87 |
| 3 | Allstate | $5 | 87 |
| 4 | Nationwide | $8 | 86 |
| 5 | Prudential | $5 | 86 |
| 6 | State Farm | $10 | 84 |
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 the best cheap term life insurance in Rochester, Nationwide tops the list for men with a MoneyGeek score of 93 and an average monthly premium of $17. For women, Protective is the leading provider, with a MoneyGeek score of 92 and a monthly premium of $16. 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.
| 1 | Mutual of Omaha | $8 | 90 |
| 2 | Haven | $6 | 89 |
| 3 | Allstate | $8 | 89 |
| 4 | Prudential | $7 | 89 |
| 5 | Nationwide | $13 | 86 |
| 6 | State Farm | $16 | 82 |
The average monthly premium for term life insurance in Rochester is $13 for women and $14 for men.
Several factors influence the cost of life insurance premiums. These include age, health, lifestyle, occupation and the amount of coverage desired. Understanding these factors can help you make more informed decisions about your life insurance needs.
The cost of life insurance in Rochester may be higher or lower compared to other parts of New York due to various reasons. Demographic factors, local health statistics, and economic conditions can all play a role. For example, if Rochester has a higher average age or poorer health statistics compared to other areas, this could drive up the cost of premiums. Conversely, if the economic conditions are more favorable, this could lead to lower premiums.
Being aware of these factors can help you better understand the life insurance market in your area.
Mutual of Omaha offers the best life insurance in Rochester for men, with a MoneyGeek score of 89 out of 100.
The monthly premium cost for the best life insurance for men in Rochester, provided by Mutual of Omaha, is $19.
Mutual of Omaha offers the best life insurance in Rochester for women, with a MoneyGeek score of 91 out of 100.
The monthly premium cost for the best life insurance for women in Rochester, provided by Mutual of Omaha, is $16.
Life insurance in Rochester may differ from the rest of New York in terms of premium costs and coverage options. For example, Mutual of Omaha offers competitive rates in Rochester, with premiums of $19 for men and $16 for women. Residents should compare these rates with other cities in New York to ensure they get the best deal.
If a life insurance company goes bankrupt in Rochester, policyholders are typically protected by state guaranty associations. These associations ensure that claims are paid up to certain limits. It's important to check the specific protection limits in New York to understand your coverage fully.
Rochester residents might need life insurance to provide financial security for their families, cover outstanding debts, or ensure their children's education costs are met. Life insurance can also help with final expenses and estate planning, offering peace of mind for policyholders.
To find a lost life insurance policy in Rochester, residents can start by checking personal records and contacting the insurance company directly. They can also use online tools like the National Association of Insurance Commissioners' Life Insurance Policy Locator to assist in their search.
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.
