Updated: November 22, 2024
Advertising & Editorial Disclosure
Protective is the best life insurance company in Seattle, Washington, with a MoneyGeek score of 92 for men and women. Its average monthly premium is $42 for men and $38 for women. The score and premium costs are based on a 20-year term policy with $500,000 coverage.
Different factors influence life insurance decisions. 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 Seattle, Washington.
Coverage costs and company information for life insurance providers were updated in August 2024.
BestLife InsuranceSeattle, WABest Life Insurance Companies in Seattle
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 Seattle, with a MoneyGeek score of 92 for men and women. The average monthly premium is $42 for men and $38 for women.
Top providers for men:
Top providers for women:
Protective stands out due to its high customer satisfaction scores and affordable premiums. These features make it a great choice for individuals seeking reliable life insurance in Seattle.
Protective is the best life insurance provider for men and women in Seattle. With a MoneyGeek score of 92 for both, it ensures peace of mind through its offerings. Women enjoy an average monthly premium of $38, while men have a slightly higher rate at $42. Protective's commitment to customer satisfaction, affordability and financial stability positions it as a top choice for life insurance seekers in the region.
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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 is the best term life insurance provider in Seattle for men and women. For both genders, it has a MoneyGeek score of 92 and an average monthly premium of $20. Its score reflects the company's commitment to excellence in affordability, customer satisfaction and financial stability, making it a solid choice for the average individual seeking reliable coverage.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance is a type of policy that provides coverage for a specified term, offering a death benefit to beneficiaries if the policyholder passes away during the term. For example, a parent might choose term insurance to ensure their child's education costs are covered in the event of their untimely death.
For men and women seeking the best term life insurance in Seattle, Protective stands out with a top MoneyGeek score of 92 for both. With a monthly premium cost of around $20 for men and women, Protective offers an attractive option for those prioritizing both value and satisfaction in their insurance choices.
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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.
When looking for the best whole life insurance in Seattle, Protective stands out for men and women, with a MoneyGeek score of 92 for both. This score indicates a strong balance of affordability, customer satisfaction and financial stability, which are vital for the average individual seeking reliable life insurance coverage.
Top whole life companies for men in Seattle:
Top whole life companies for women in Seattle:
Whole life insurance offers a fixed premium and a guaranteed death benefit, making it a solid choice for long-term financial planning. For example, individuals interested in providing a stable financial legacy for their beneficiaries might opt for whole life insurance over term policies.
Protective is the premier choice for whole life insurance in Seattle, with a MoneyGeek score of 92 for men and women. This score reflects the company's commitment to providing excellent customer service and affordable policies.
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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 for men and women, with a MoneyGeek score of 91 for both. This score reflects the company's strong performance across affordability, customer satisfaction, the buying process, financial stability and product diversity, making it an excellent choice for the average individual seeking reliable life insurance coverage.
Best universal life insurance for men:
Best for women's universal life insurance:
Universal life insurance is a type of permanent life insurance that offers flexible premiums and the potential to accumulate cash value over time. For example, someone might choose universal life insurance over term life insurance if they desire lifelong coverage with the added benefit of an investment component that can grow tax-deferred.
Protective is the best universal life insurance provider in Seattle for men and women, with a MoneyGeek score of 91 for both. This score reflects the company's commitment to excellence across several aspects of service and product offerings. Consumers seeking reliable and affordable life insurance coverage will find that Protective's offerings align well with their needs.
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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.
For those seeking the best no-medical-exam life insurance in Seattle, Protective stands out for men and women, with a MoneyGeek score of 91 for both. This high rating suggests that Protective offers a blend of affordability, customer satisfaction and financial stability that is well-suited for the average individual's insurance needs.
Best no-medical-exam life insurance for men:
Best life insurance for women that does not require a medical exam:
Life insurance policies without a mandatory medical exam allow individuals to obtain coverage without undergoing a medical assessment. It can be particularly beneficial for those needing insurance quickly or with health conditions that might otherwise lead to higher premiums or disqualification. For instance, a person with a chronic illness may opt for no medical exam insurance to ensure they can secure coverage without the potential complications of a medical review.
Protective is the leading provider of life insurance without the hassle of a medical exam, with a MoneyGeek score of 91 for men and women. This score reflects a well-rounded offering that efficiently and reliably meets the needs of diverse clients.
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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.
In Seattle, Protective provides the best term life insurance for seniors. For men, it has a MoneyGeek score of 92 and an average monthly premium of $93. For women, it has a MoneyGeek score of 91 and a monthly premium of around $91.
Age is a primary factor in determining life insurance premiums, with costs typically increasing as one gets older. Protective's high MoneyGeek score suggests a strong combination of affordability, customer satisfaction and financial stability. For seniors seeking term life insurance, this score is a robust indicator of a company's overall value and reliability in meeting insurance needs.
| 1 | Protective | $93 | 92 |
| 2 | Mutual of Omaha | $104 | 91 |
| 3 | Nationwide | $96 | 90 |
| 4 | AAA | $124 | 88 |
| 5 | Prudential | $91 | 88 |
| 6 | Allstate | $114 | 87 |
| 7 | Transamerica | $114 | 87 |
| 8 | State Farm | $163 | 84 |
| 9 | Haven | $183 | 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 Seattle, Mutual of Omaha stands out with a MoneyGeek score of 90 for men and 89 for women. The average monthly premiums are $101 and $106, respectively.
Smoking is a significant factor in determining life insurance premiums due to the associated health risks, which often result in higher costs for smokers. Mutual of Omaha's high MoneyGeek scores reflect their balance of affordability, customer satisfaction and financial stability, making them a leading choice for individuals who smoke.
| 1 | Mutual of Omaha | $101 | 90 |
| 2 | Nationwide | $107 | 89 |
| 3 | Protective | $139 | 88 |
| 4 | AAA | $111 | 88 |
| 5 | Allstate | $95 | 88 |
| 6 | Prudential | $80 | 88 |
| 7 | Transamerica | $99 | 87 |
| 8 | State Farm | $134 | 85 |
| 9 | Haven | $167 | 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 the best term life insurance for young adults in Seattle, Protective stands out with a MoneyGeek score of 92 and an average monthly premium of $12 for men and women.
Age significantly impacts the cost of life insurance premiums, with younger adults generally paying less. Protective's high MoneyGeek score is due to its excellent affordability, customer satisfaction and financial stability. This makes it an ideal choice for young adults in Seattle seeking reliable and cost-effective term life insurance.
| 1 | Protective | $12 | 92 |
| 2 | Mutual of Omaha | $15 | 91 |
| 3 | Nationwide | $16 | 89 |
| 4 | AAA | $17 | 88 |
| 5 | Transamerica | $16 | 86 |
| 6 | Prudential | $18 | 85 |
| 7 | Allstate | $25 | 85 |
| 8 | State Farm | $26 | 84 |
| 9 | Haven | $19 | 84 |
| 10 | Bestow | $26 | 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.
If you're looking for the best cheap term life insurance in Seattle, Protective is the top choice for men and women. It offers excellent value to both genders, with a MoneyGeek score of 92 and an average monthly premium of $20. Protective stands out due to its affordability and high customer satisfaction scores.
Several factors affect the cost of life insurance premiums. These include age, health, coverage amount and term length. To get the lowest premiums, maintain good health, choose a shorter term length and opt for a lower coverage amount.
| 1 | Protective | $20 | 92 |
| 2 | Nationwide | $24 | 91 |
| 3 | Mutual of Omaha | $24 | 90 |
| 4 | AAA | $28 | 88 |
| 5 | Transamerica | $27 | 87 |
| 6 | Prudential | $27 | 87 |
| 7 | Allstate | $36 | 83 |
| 8 | Haven | $33 | 83 |
| 9 | State Farm | $41 | 82 |
The average monthly premium for term life insurance in Seattle is $37 for women and $42 for men. These figures highlight the cost differences based on gender in the city.
Several factors influence life insurance premiums, including age, health, lifestyle and occupation. Insurers assess these elements to determine an individual's risk profile, which directly impacts the premium cost.
Life insurance costs in Seattle might be higher or lower than the rest of Washington for various reasons. The city's higher cost of living can lead to increased premiums. Additionally, the risk profiles of residents, including health trends and lifestyle choices, may differ from those in other areas. The level of competition among insurers in Seattle can also affect premium rates.
Understanding these factors can help consumers make informed decisions when purchasing life insurance in Seattle.
Protective has the best life insurance for men in Seattle. The company ranks highest with a MoneyGeek score of 92 out of 100, ensuring quality service and coverage.
The average monthly premium for the best life insurance for men in Seattle is $42 with Protective. This cost is based on a 20-year term for a non-tobacco user in excellent health.
Protective offers the best life insurance for women in Seattle. This company has the highest MoneyGeek score of 92 out of 100 and provides reliable and comprehensive coverage.
The average monthly premium for the best life insurance for women in Seattle is $38 with Protective. This rate applies to a 20-year term for a non-tobacco user in excellent health.
Life insurance in Seattle may have slight variations in premium costs and company rankings compared to the rest of Washington. For example, Protective ranks highest in Seattle, but other regions may have different top companies based on local factors and demographics.
If a life insurance company goes bankrupt in Seattle, policyholders are protected by state guaranty associations. These associations ensure that claims are paid up to certain limits, providing a safety net for policyholders in the event of insolvency.
Seattle residents might need life insurance to provide financial security for their families, cover outstanding debts and ensure that their loved ones can maintain their standard of living in the event of their death. Life insurance can also help with estate planning and covering final expenses.
To find a lost life insurance policy in Seattle, check personal records, contact the deceased's financial advisors and reach out to the Washington State Office of the Insurance Commissioner. You can also use online tools and databases designed to help locate missing 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.
