Best Life Insurance in Sacramento, CA (November 2024)

Protective is the best life insurance company in Sacramento, California, for both men and women. With a MoneyGeek score of 92 for men and 91 for women, Protective offers an average monthly premium of $28 for a 20-year term policy with $500,000 coverage.

Different factors should be considered when deciding on life insurance, such as individual health and financial needs. These scores and premium costs are based on a 20-year term policy and $500,000 coverage. Your unique needs may mean a different company is best for you.

Protective offers the best life insurance in Sacramento for both men and women, with a MoneyGeek score of 91 for men and 92 for women. The average monthly premium is $37 for men and $28 for women.

Top providers for men:

• Protective: MoneyGeek score of 91 out of 100 at $37 per month for men
• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $37 per month for men

Top providers for women:

• Protective: MoneyGeek score of 92 out of 100 at $29 per month for women
• Mutual of Omaha: MoneyGeek score of 89 out of 100 at $38 per month for women

Protective stands out due to its high customer satisfaction scores and affordable premiums. This makes it a great choice for individuals seeking reliable life insurance in Sacramento.

Protective emerges as the best term life insurance provider in Sacramento for both men and women, with a MoneyGeek score of 92 and an average monthly premium of $14 for men, and a score of 92 with a $15 premium for women. This company stands out for its balance of affordability, customer satisfaction and financial stability.

The top two term life insurance companies for men are:

• Protective: MoneyGeek score of 92 out of 100 at $14 per month for men
• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $17 per month for men

For women, the top two are:

• Protective: MoneyGeek score of 92 out of 100 at $15 per month for women
• Mutual of Omaha: MoneyGeek score of 89 out of 100 at $20 per month for women

Term life insurance provides coverage for a specified period, offering peace of mind to those who want to ensure their family's financial security. For example, a parent might purchase term insurance to cover the years until their children are financially independent.

The Protective emerges as the top provider of the best whole life insurance in Sacramento for both men and women, with a MoneyGeek score of 92 for each. This score indicates that Protective offers a dependable option for those seeking financial security through life insurance.

Top whole life companies for men in Sacramento:

• 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 Sacramento:

• 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 provides a fixed premium and a guaranteed death benefit, making it a reliable choice for long-term financial planning. For instance, someone looking to secure a stable financial future for their family, regardless of market conditions, might opt for whole life insurance over term policies.

Protective offers the best universal life insurance in Sacramento, with a MoneyGeek score of 91 for both men and women. The top two providers, based on MoneyGeek scores, are as follows.

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 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.

In Sacramento, Protective is the best life insurance without a medical exam provider for both men and women, with a MoneyGeek score of 91 out of 100. This score reflects the company's strong performance across various metrics, including affordability, customer satisfaction, and financial stability.

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

This type of life insurance allows individuals to obtain coverage without undergoing a physical examination. For example, someone with a busy schedule or a dislike of medical appointments might choose this insurance over traditional policies for its convenience and speed in obtaining coverage.

Protective stands out as the best term life insurance for seniors in Sacramento, with a MoneyGeek score of 91 for men and 90 for women. The average monthly premium for men is approximately $66, while for women, it's about $72.

Age influences life insurance premiums, as the risk of health issues and mortality increases with age. This can lead to higher premiums for older policyholders. Protective has earned the highest MoneyGeek score, indicating that it excels in customer satisfaction, affordability, financial stability, and product diversity, contributing to its recognition as the best term life insurance for seniors in the region.

For smokers in Sacramento seeking term life insurance, Mutual of Omaha stands out for both men and women, with a MoneyGeeks score of 91 and an average monthly premium of $71 for men, and a score of 89 with a premium of $85 for women. Smoking is a key factor in life insurance as it typically leads to higher premiums, reflecting the increased health risks associated with the habit.

Mutual of Omaha has strong performance across affordability, customer satisfaction and financial stability metrics, making it the best term life insurance for smokers.

For those seeking the best term life insurance for young adults in Sacramento, Protective stands out with a MoneyGeek score of 92 and an average monthly premium of $9 for women and $8 for men. Age plays a significant role in determining life insurance premiums.

Younger adults typically benefit from lower premiums due to their lower risk profiles. Protective's high MoneyGeek score reflects its strong performance in affordability, customer satisfaction and financial stability.

For those seeking the best cheap term life insurance. in Sacramento, Protective stands out for both men and women. With a MoneyGeek score of 92 and average monthly premiums of $14 for men and $15 for women, Protective offers a compelling option. Factors influencing life insurance premiums include age, health, coverage amount, and term length. To secure the lowest premiums, maintain excellent health, choose a suitable coverage amount, and opt for a longer term length.

The average cost of term life insurance premiums in Sacramento is $26 per month for both men and women.

Several factors impact the cost of life insurance premiums. These include age, health, lifestyle choices and occupation. For example, younger individuals or those in good health often pay lower premiums. Conversely, risky occupations or unhealthy habits can drive costs up.

In Sacramento, the cost of life insurance might differ from other parts of California due to various reasons. Living costs in Sacramento can influence premium rates. Additionally, regional health statistics and risk factors play a role. For instance, areas with higher healthcare costs or greater health risks might see higher insurance premiums.

Understanding these factors can help you make informed decisions about your life insurance needs. By considering your personal circumstances and the regional context, you can better navigate the complexities of life insurance premiums.