Updated: November 21, 2024
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Protective is the top choice for the best life insurance in Savannah, Georgia, with a MoneyGeek score of 92 for men and women. It offers an average monthly premium of $29 for men and $28 for women. The score and premiums are based on a 20-year term policy with $500,000 coverage.
When deciding on the type of life insurance to buy, consider different factors such as affordability, customer satisfaction and financial stability. 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 Savannah, Georgia.
Coverage costs and company information for life insurance providers were updated in October 2024.
BestLife InsuranceSavannah, GABest Life Insurance Companies in Savannah
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 Savannah, Protective offers the best life insurance for men and women, with a MoneyGeek score of 92 out of 100 for each. Its average monthly premium is $29 for men and $28 for women.
Top providers for men:
Top providers for women:
Protective's high MoneyGeek score and affordable premiums make it a reliable option for those seeking value and stability in their life insurance provider.
In Savannah, Protective is the premier choice for life insurance for men and women, with a MoneyGeek score of 92 for each. The company offers monthly premiums at around $28 for women and $29 for men, ensuring value without compromising on quality. Protective's high satisfaction and stability scores reflect a commitment to excellence and 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:
Quotes gathered were for a $250K life insurance policy with a 10-year term.
For those seeking the best term life insurance in Savannah, Protective stands out for men and women, with a MoneyGeek score of 92 for both genders. Its average monthly premium is $14 for men and $15 for women. Protective's high score reflects its strong performance across affordability, customer satisfaction and financial stability, making it an advantageous choice for the average individual considering term life insurance.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance is a policy providing coverage for a specific period, offering a death benefit if the insured passes away during the term. This type of insurance is often chosen for its lower premiums compared to permanent life insurance. It can be ideal for those with temporary financial responsibilities, such as mortgages or education costs for children.
Protective is the premier choice for term life insurance in Savannah, with a MoneyGeek score of 92 for men and women. Men seeking a policy can expect an average monthly premium of $14, while women are quoted $16 per month.
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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.
For individuals in Savannah seeking the best whole life insurance, Protective stands out with a MoneyGeek score of 92 for men and women. The company's high scores reflect its commitment to affordability, customer satisfaction and financial stability, making it a top pick for those looking to secure their financial future with a whole life policy.
Top whole life companies for men in Savannah:
Top whole life companies for women in Savannah:
Whole life insurance is a permanent policy designed to provide coverage for the insured's entire lifetime. Unlike term life insurance, it includes a savings component that can accumulate cash value. For example, someone might choose whole life insurance over term life insurance to have consistent premiums, for estate planning or as a legacy for their beneficiaries.
Protective is the top choice for men and women seeking the best whole life insurance in Savannah, with a MoneyGeek score of 92 for both genders. This score reflects the company's balance of affordability, customer satisfaction and financial stability.
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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 provides the best universal life insurance in Savannah, with a MoneyGeek score of 91 for men and women. This score reflects the company's commitment to affordability, customer satisfaction and financial stability, making it an excellent choice for individuals seeking reliable coverage.
Best universal life insurance for men:
Best for women's universal life insurance:
Universal life insurance offers a combination of flexibility and lifelong coverage. For example, someone who wants the ability to adjust their premiums and death benefits over time might choose universal life insurance over term life insurance, which has fixed terms and does not accumulate cash value.
Protective is the premier choice for universal life insurance for men and women in Savannah. With a MoneyGeek score of 91 for each gender, the company stands out for its exceptional customer satisfaction and affordability. By focusing on the fundamental offerings, Protective ensures that Savannah residents have access to reliable and financially sound life insurance options.
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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.
Savannah residents looking for the best no-medical-exam life insurance should consider Protective. It has a MoneyGeek score of 91 for men and women. This score indicates that it is a reliable choice for consumers prioritizing ease of buying process, customer satisfaction and financial stability.
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 health examination. For example, someone with a busy lifestyle or a fear of medical tests might opt for this convenient insurance option over traditional policies.
In Savannah, Protective is the premier provider of life insurance with no mandatory medical exam. It has a MoneyGeek score of 91 for men and women. This score reflects a balance of affordability, customer satisfaction and financial stability.
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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 Savannah, with a MoneyGeek score of 92 for men and women. The average monthly premium for top-tier insurance is $62 for both genders.
Age is a determining factor in life insurance premiums, with costs typically increasing as policyholders age. Protective's high MoneyGeek score indicates a strong balance of affordability, customer satisfaction, ease of buying, financial stability and product diversity. These aspects are essential for seniors who prioritize cost-effectiveness and quality in their insurance selection.
| 1 | Protective | $62 | 92 |
| 2 | Mutual of Omaha | $72 | 91 |
| 3 | Nationwide | $61 | 91 |
| 4 | AAA | $85 | 88 |
| 5 | Allstate | $76 | 88 |
| 6 | Prudential | $73 | 87 |
| 7 | State Farm | $110 | 85 |
| 8 | Haven | $140 | 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 Savannah residents seeking the best term life insurance for smokers, Mutual of Omaha stands out with a MoneyGeek score of 91 for men and 88 for women. The company offers competitive options at average monthly premiums of $40 and $45, respectively.
Smoking impacts life insurance premiums due to the heightened health risks it poses. Insurers like Mutual of Omaha assess these risks and determine costs accordingly. The company's high MoneyGeek score indicates a balance of affordability, customer satisfaction, financial stability and product diversity, which is crucial for those wanting dependable coverage.
| 1 | Mutual of Omaha | $40 | 91 |
| 2 | Nationwide | $41 | 89 |
| 3 | Allstate | $35 | 88 |
| 4 | AAA | $44 | 88 |
| 5 | Protective | $59 | 88 |
| 6 | Prudential | $33 | 88 |
| 7 | State Farm | $54 | 86 |
| 8 | Haven | $72 | 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.
For those seeking the best term life insurance for young adults in Savannah, Protective stands out with a MoneyGeek score of 92 for men and women. Its average monthly premium is $9 for both genders.
Age significantly affects life insurance premiums; younger adults generally benefit from lower costs. Protective's high MoneyGeek score reflects its strong affordability, customer satisfaction and financial stability. This makes it an excellent choice for young adults looking for reliable term life insurance in Savannah.
| 1 | Protective | $9 | 92 |
| 2 | Mutual of Omaha | $11 | 91 |
| 3 | Nationwide | $11 | 90 |
| 4 | AAA | $13 | 88 |
| 5 | Allstate | $14 | 86 |
| 6 | Prudential | $15 | 85 |
| 7 | State Farm | $19 | 84 |
| 8 | Haven | $15 | 84 |
| 9 | Bestow | $21 | 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 the best cheap term life insurance in Savannah, Protective stands out with a MoneyGeek score of 92 for men and women. Its average monthly premium is $14 for men and $15 for women. Protective's high MoneyGeek score is due to its affordability, customer satisfaction and financial stability.
Factors that influence life insurance premiums include age, health, coverage amount and term length. To get the lowest premiums, maintain good health, choose a shorter term and opt for a lower coverage amount.
| 1 | Protective | $14 | 92 |
| 2 | Nationwide | $17 | 91 |
| 3 | Mutual of Omaha | $18 | 90 |
| 4 | AAA | $21 | 87 |
| 5 | Allstate | $22 | 86 |
| 6 | Prudential | $22 | 85 |
| 7 | Haven | $27 | 83 |
| 8 | State Farm | $29 | 82 |
The average monthly premium for term life insurance in Savannah is $29 for women and $31 for men.
Several factors affect the cost of life insurance premiums, including age, health, lifestyle, policy term and coverage amount. Insurers assess these factors to determine the risk associated with insuring an individual, which in turn influences the premium cost.
In Savannah, the cost of life insurance might be higher or lower than the rest of Georgia for various reasons. Local health statistics, economic conditions and specific risk factors unique to the area can all play a role. For instance, if Savannah has higher average health risks or economic challenges, insurers might charge higher premiums to offset potential claims. Conversely, premiums might be lower if the area is deemed lower risk.
Understanding these factors can help you make informed decisions about life insurance. Always compare policies and consider your personal circumstances when choosing coverage.
Protective has the best life insurance for men in Savannah. Its MoneyGeek score is 92 out of 100, reflecting the company's overall performance in affordability, customer satisfaction and financial stability.
The average monthly premium for the best life insurance for men in Savannah is $29. Protective offers this premium, with its MoneyGeek score of 92 indicating a balance of affordability and quality.
Protective has the best life insurance for women in Savannah. With a MoneyGeek score of 92 out of 100, Protective ranks highest in affordability, customer satisfaction and financial stability.
The average monthly premium for the best life insurance for women in Savannah is $28. Protective offers this rate and has the highest MoneyGeek score of 92, ensuring a good balance of cost and quality.
Life insurance in Savannah is similar to the rest of Georgia. Protective ranks highest in both regions, with a MoneyGeek score of 92. Premiums may vary slightly, but the overall landscape remains consistent, ensuring quality options for residents.
If a life insurance company goes bankrupt in Savannah, state guaranty associations protect policyholders. These associations ensure that claims are paid and policies remain in force, providing a safety net for consumers.
Savannah residents might need life insurance for financial security. It helps cover expenses like mortgages, education and daily living costs. Life insurance also ensures that loved ones are financially protected in case of unexpected events.
To find a lost life insurance policy in Savannah, contact the insurer directly. You can also use online databases like the National Association of Insurance Commissioners' Life Insurance Policy Locator. These resources help track down unclaimed policies.
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.
