Updated: November 22, 2024
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Protective is the best life insurance provider in San Mateo, California, with a MoneyGeek score of 92 for men and 91 for women. The average monthly premiums are $53 and $44, respectively. These scores and premium costs are based on a 20-year term policy with $500,000 coverage.
When deciding on life insurance, consider factors such as policy type, coverage amount and term length. 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 San Mateo, California.
Coverage costs and company information for life insurance providers were updated in September 2024.
BestLife InsuranceSan Mateo, CABest Life Insurance Companies in San Mateo
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 San Mateo, the best life insurance provider is Protective, with a MoneyGeek score of 92 for men and 91 for women. The average monthly premium is $53 and $44, respectively.
Top providers for men:
Top providers for women:
Protective stands out due to its high MoneyGeek scores and competitive monthly premiums. Its strong customer satisfaction and financial stability scores also contribute to its top ranking. These attributes make it the best option for the average individual looking to purchase life insurance in San Mateo.
Protective is the premier choice for life insurance in San Mateo, with a MoneyGeek score of 92 for men and 91 for women. The company combines high customer satisfaction with affordable monthly premiums of around $53 for men and $44 for women. Clients can trust in its financial stability and value for money.
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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 provides the best term life insurance in San Mateo, with a MoneyGeek score of 92 for men and women. Men can secure a policy at approximately $27 per month, while women pay about $24 per month. With top scores in affordability, customer satisfaction and financial stability, Protective offers reliable coverage without breaking the bank.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance is a policy that provides coverage for a specific period, typically 10, 20 or 30 years. It's a cost-effective solution for those who need coverage to protect their loved ones during crucial years, such as while paying off a mortgage or raising children.
Protective is the best term life insurance provider in San Mateo for men and women, with a MoneyGeek score of 92 for both. It offers a blend of value and reliability at an average monthly premium of $27 for men and $24 for women.
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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.
Protective provides the best whole life insurance in San Mateo, with a MoneyGeek score of 92 for men and women. This score indicates Protective's strong combination of affordability, customer satisfaction and financial stability, making it a solid choice for individuals seeking a reliable insurance policy.
Top whole life companies for men in San Mateo:
Top whole life companies for women in San Mateo:
Whole life insurance is a permanent policy that provides coverage for the policyholder's entire lifetime. Unlike term life insurance, which covers a specific period, whole life insurance also includes an investment component, known as cash value, which grows over time. This can be particularly beneficial for individuals who want to ensure lifelong coverage and potentially build wealth that can be borrowed against or withdrawn. For example, someone might choose whole life insurance to provide for their family's future, regardless of when they pass away, while accumulating a cash reserve for future needs or opportunities.
Protective is the premier choice for whole life insurance in San Mateo, with a MoneyGeek score of 92 for men and women. Its commitment to customer satisfaction and financial stability makes it a reliable partner in securing your future.
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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.
In San Mateo, Protective provides the best universal life insurance for men and women, with a MoneyGeek score of 91 for each. This score reflects the company's strong performance across various metrics, including affordability and customer satisfaction, making Protective an excellent choice for individuals seeking a reliable and comprehensive insurance policy.
Best universal life insurance for men:
Best for women's universal life insurance:
Universal life insurance offers flexibility in premiums and death benefits, which can appeal to those seeking a customizable insurance solution. For instance, someone anticipating fluctuating income over time might choose universal life insurance to adjust their premium payments accordingly.
Protective is the premier choice for universal life insurance in San Mateo, with a MoneyGeek score of 91 for men and women. The company's commitment to customer satisfaction and affordability positions it as a reliable option for life insurance seekers.
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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.
Protective is the best no-medical-exam life insurance provider in San Mateo for men and women, with a MoneyGeek score of 91 for each. This score reflects a balance of affordability, customer satisfaction and financial stability, making Protective an optimal choice for the average individual seeking life insurance 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 without a required medical exam allows individuals to obtain coverage without undergoing a physical examination. For instance, someone with a busy lifestyle or a pre-existing condition might prefer this insurance option for its convenience and accessibility.
Protective is the premier choice for life insurance with no mandatory medical exam in San Mateo. It has a MoneyGeek score of 91 for men and women. This company's commitment to customer satisfaction, affordability and financial stability makes it a reliable option for those seeking life insurance without the hassle of a medical exam.
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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 provides the best term life insurance for seniors in San Mateo, with a MoneyGeek score of 91 for men and 90 for women. The average monthly premiums are $127 and $113, respectively.
Age significantly impacts life insurance premiums, with costs typically increasing due to the higher risk of health issues. Protective's high MoneyGeek scores reflect its excellence in customer satisfaction, a smooth buying process and financial stability, which are pivotal for seniors seeking reliable and affordable coverage.
| 1 | Protective | $127 | 91 |
| 2 | Mutual of Omaha | $142 | 91 |
| 3 | Nationwide | $120 | 90 |
| 4 | Allstate | $115 | 89 |
| 5 | Transamerica | $116 | 88 |
| 6 | AAA | $159 | 88 |
| 7 | Prudential | $122 | 87 |
| 8 | State Farm | $186 | 86 |
| 9 | Haven | $250 | 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.
For those seeking the best term life insurance for smokers in San Mateo, Mutual of Omaha stands out for men and women. For men, it has a MoneyGeek score of 90 and an average monthly premium of $136. For women, it has a MoneyGeek score of 89 and an average monthly premium of $135.
Smoking is a key factor in life insurance premiums due to the higher health risks it poses. A high MoneyGeek score reflects customer satisfaction, affordability, and financial stability, making Mutual of Omaha a leading choice for smokers. Choosing a company with a strong score is important for those who want assurance of quality service and comprehensive coverage.
| 1 | Mutual of Omaha | $136 | 90 |
| 2 | Nationwide | $131 | 89 |
| 3 | AAA | $142 | 88 |
| 4 | Prudential | $107 | 88 |
| 5 | Transamerica | $126 | 87 |
| 6 | Protective | $222 | 87 |
| 7 | Haven | $136 | 86 |
| 8 | State Farm | $192 | 84 |
| 9 | Allstate | $188 | 84 |
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.
Protective is the top term life insurance provider for young adults in San Mateo. It has a MoneyGeek score of 92 for men and women. It offers average monthly premiums of $16 for men and $15 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 | $16 | 92 |
| 2 | Mutual of Omaha | $20 | 91 |
| 3 | Nationwide | $19 | 90 |
| 4 | Allstate | $16 | 89 |
| 5 | Transamerica | $16 | 88 |
| 6 | AAA | $22 | 88 |
| 7 | Prudential | $24 | 85 |
| 8 | State Farm | $29 | 85 |
| 9 | Haven | $26 | 84 |
| 10 | Bestow | $35 | 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.
For those seeking the best cheap term life insurance in San Mateo, Protective stands out with a MoneyGeek score of 92 for men and women. Its average monthly premiums are $27 for men and $24 for women. Protective's high MoneyGeek score is attributed to its excellent customer satisfaction, financial stability and product diversity. These features make it a top choice for anyone looking for the best cheap term life insurance in San Mateo.
The cost of life insurance premiums depends on various factors such as age, health, coverage amount and term length. To get the lowest premiums, you should maintain excellent health, avoid tobacco and choose a suitable coverage amount and term length.
| 1 | Protective | $27 | 92 |
| 2 | Allstate | $27 | 91 |
| 3 | Nationwide | $31 | 91 |
| 4 | Transamerica | $27 | 91 |
| 5 | Mutual of Omaha | $32 | 89 |
| 6 | AAA | $36 | 87 |
| 7 | Prudential | $36 | 85 |
| 8 | State Farm | $46 | 82 |
| 9 | Haven | $45 | 82 |
The average monthly premium for term life insurance in San Mateo, California, is $41 for women and $50 for men.
Several factors influence the cost of life insurance premiums. These include age, health, lifestyle, occupation and the coverage amount. These factors can significantly impact how much you might pay for life insurance.
The cost of life insurance in San Mateo may differ from other regions in California due to various reasons. The local cost of living can affect premiums, as higher living costs can lead to higher insurance rates. The quality of health care and regional risk factors, such as environmental risks or crime rates, can also play a role in determining insurance costs.
Understanding these factors can help you make informed decisions about your life insurance needs, ensuring you get the coverage that best suits your circumstances.
Protective offers the best life insurance for men in San Mateo. The company has the highest MoneyGeek score of 92 out of 100, making it a reliable choice for male policyholders.
The average monthly premium for the best life insurance for men in San Mateo is $53. This cost is based on Protective's policy, which has the highest MoneyGeek score.
Protective offers the best life insurance for women in San Mateo. The company has the highest MoneyGeek score of 91 out of 100, making it a reliable choice for female policyholders.
The average monthly premium for the best life insurance for women in San Mateo is $44. This cost is based on Protective's policy, which has the highest MoneyGeek score.
Life insurance in San Mateo is generally similar to the rest of California. Policies, premiums and coverage options do not vary significantly. However, local economic factors and living costs may influence individual premium rates. For instance, higher living costs in San Mateo could affect the affordability score of policies.
If a life insurance company goes bankrupt in San Mateo, state guaranty associations may step in to protect policyholders. These associations provide coverage up to certain limits, ensuring policyholders do not lose their benefits. It is advisable to check the specific coverage limits of the California Life and Health Insurance Guarantee Association.
San Mateo residents might need life insurance to provide financial security for their families, cover debts and manage final expenses. Life insurance can also help in estate planning and ensuring that dependents are financially supported in case of the policyholder's death.
To find a lost life insurance policy in San Mateo, contact the insurance company directly. You can also check state databases or use online search tools that track unclaimed life insurance policies. Additionally, reviewing financial records and contacting the policyholder's financial advisor may help locate the 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.
