Updated: November 21, 2024
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Protective is the best life insurance company for men and women in Simi Valley, California. Its MoneyGeek score for men is 92 out of 100, with an average monthly premium of $40. For women, its MoneyGeek score is 92, with an average monthly premium of $31. These scores 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 Simi Valley, California.
Coverage costs and company information for life insurance providers were updated in September 2024.
BestLife InsuranceSimi Valley, CABest Life Insurance Companies in Simi Valley
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 Simi Valley for men and women. Its MoneyGeek score is 92 for men, with an average monthly premium of $40. For women, it scores 91 and has an average monthly premium of $31.
Top providers for men:
Top providers for women:
Protective is the best option for life insurance in Simi Valley due to its high MoneyGeek scores and affordable premiums. This combination makes it an excellent choice for the average individual seeking reliable and cost-effective life insurance coverage.
In Simi Valley, Protective is the premier choice for life insurance. It offers top-tier services to men and women, with a MoneyGeek score of 92 and 91, respectively. The company ensures a balance of affordability and reliability at monthly premiums of $40 for men and $31 for women. Customers can expect satisfaction and stability when choosing Protective for their 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.
In Simi Valley, Protective provides the best term life insurance, with a MoneyGeek score of 92 for men and women. Its average monthly premiums are $20 and $17, respectively. This company's high scores suggest a strong balance of affordability, customer satisfaction, financial stability and product diversity, making it an ideal choice for individuals seeking reliable term life insurance coverage.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance is a straightforward form of life insurance that provides coverage for a specific period. For example, a parent might purchase a 20-year term policy to ensure financial stability for their children until they reach adulthood.
Protective is the premier choice for term life insurance in Simi Valley for men and women, with a MoneyGeek score of 92 for both genders. It balances quality and affordability at an average monthly premium of $20 for men and $17 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 Simi Valley for men and women, with a MoneyGeek score of 92 for both genders. This score suggests that Protective offers a compelling mix of affordability, customer satisfaction and financial stability, making it a top choice for individuals seeking reliable life insurance coverage.
Top whole life companies for men in Simi Valley:
Top whole life companies for women in Simi Valley:
Whole life insurance provides lifelong coverage and can be an essential part of a financial plan, offering benefits such as fixed premiums and a cash value component that accumulates over time. For example, someone might choose whole life insurance to ensure that their family is protected financially, no matter when they pass away, while also building cash value that can be borrowed against if needed.
Protective is the top choice for whole life insurance for men and women in Simi Valley. With a MoneyGeek score of 92 for both genders, Protective ensures comprehensive coverage and satisfaction. By selecting Protective, residents of Simi Valley can secure their future with confidence, knowing they have chosen a provider that excels in key areas of insurance service.
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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 Simi Valley, Protective provides the best universal life insurance for men and women, with a MoneyGeek score of 91 for both genders. This score reflects Protective's balance of affordability, customer satisfaction and financial stability, making it an excellent choice for individuals seeking reliable coverage and value.
Best universal life insurance for men:
Best for women's universal life insurance:
Universal life insurance provides flexibility and the potential for cash value growth, making it a suitable option for long-term financial planning. For example, someone may choose universal life insurance to have the ability to adjust their premiums and death benefits as their financial situation changes.
In Simi Valley, Protective is the best universal life insurance provider for men and women, with a MoneyGeek score of 91 for each. This company's excellence is reflected in its high marks across multiple categories, ensuring customers receive quality service and value.
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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 top provider of the best no-medical-exam life insurance in Simi Valley, with a MoneyGeek score of 91 for men and women. This high score indicates the company's reliable coverage and customer satisfaction, making it a solid choice for individuals seeking life insurance without the hassle of a medical exam. The company's strong financial stability and product diversity further cement its position as a leader in the market.
Best no-medical-exam life insurance for men:
Best life insurance for women that does not require a medical exam:
Life insurance with no mandatory medical exam allows individuals to obtain coverage without undergoing a physical examination. It can be particularly beneficial for those with health issues or who want to secure insurance quickly. For instance, someone with a busy lifestyle or a pre-existing condition might opt for this insurance to avoid the delays and scrutiny of traditional underwriting processes.
In Simi Valley, Protective is the top provider of life insurance without a required medical exam. It has a MoneyGeek score of 91 for men and women. This high score reflects the company's commitment to customer satisfaction and affordability, making it a reliable choice 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.
For those seeking the best term life insurance for seniors in Simi Valley, Protective stands out for men and women. It has a MoneyGeek score of 91 and 90, respectively. Men can expect an average monthly premium of $95, while women are quoted around $81 per month.
Life insurance premiums rise with age, reflecting the increased risk insurance companies take on as policyholders age. Protective's high score indicates a strong blend of affordability, customer satisfaction and financial stability, making it a smart choice for seniors who prioritize these factors in their insurance selection.
| 1 | Protective | $95 | 91 |
| 2 | Mutual of Omaha | $107 | 91 |
| 3 | Nationwide | $90 | 90 |
| 4 | Allstate | $87 | 89 |
| 5 | Transamerica | $88 | 88 |
| 6 | AAA | $120 | 88 |
| 7 | Prudential | $92 | 87 |
| 8 | State Farm | $140 | 86 |
| 9 | Haven | $189 | 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 smokers in Simi Valley seeking the best term life insurance, Mutual of Omaha stands out with a MoneyGeek score of 90 for men and 89 for women. Men can expect an average monthly premium of $103, while women's premiums are approximately $96 per month.
Smoking influences life insurance premiums significantly due to the increased health risks it poses. Insurers often view smokers as higher-risk clients, which is reflected in higher premium costs. Mutual of Omaha's top ranking is a testament to its balance of affordability, customer satisfaction and financial stability, making it a preferred choice for those in need of the best term life insurance for smokers.
| 1 | Mutual of Omaha | $103 | 90 |
| 2 | Nationwide | $98 | 89 |
| 3 | AAA | $107 | 88 |
| 4 | Prudential | $81 | 88 |
| 5 | Transamerica | $95 | 87 |
| 6 | Protective | $167 | 87 |
| 7 | Haven | $102 | 86 |
| 8 | State Farm | $145 | 84 |
| 9 | Allstate | $142 | 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.
For the best term life insurance for young adults in Simi Valley, Protective stands out with a MoneyGeek score of 92 for men and women. Its average monthly premiums are $12 and $10, respectively. Protective's high score is attributed to its affordability, strong customer satisfaction and financial stability.
Age is a crucial factor in determining life insurance premiums, with younger adults typically benefiting from lower rates. Choosing the best term life insurance for young adults ensures you get the most value, especially in a city like Simi Valley, where financial prudence is key.
| 1 | Protective | $12 | 92 |
| 2 | Mutual of Omaha | $15 | 91 |
| 3 | Nationwide | $15 | 90 |
| 4 | Allstate | $12 | 89 |
| 5 | Transamerica | $12 | 88 |
| 6 | AAA | $17 | 88 |
| 7 | Prudential | $18 | 85 |
| 8 | State Farm | $22 | 85 |
| 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.
For the best cheap term life insurance in Simi Valley, Protective stands out for men and women, with a MoneyGeek score of 92 for both. It has an average monthly premium of $17 for women and $20 for men. Protective's high MoneyGeek score is due to its affordability, excellent customer satisfaction and solid financial stability. These factors make it a strong choice for anyone seeking the best cheap term life insurance in Simi Valley.
Life insurance premiums are influenced by various factors, including age, health, coverage amount and term length. To get the lowest premiums, maintain a healthy lifestyle, choose a shorter term length and opt for a lower coverage amount.
| 1 | Protective | $20 | 92 |
| 2 | Allstate | $20 | 91 |
| 3 | Nationwide | $23 | 91 |
| 4 | Transamerica | $20 | 91 |
| 5 | Mutual of Omaha | $24 | 89 |
| 6 | AAA | $27 | 87 |
| 7 | Prudential | $27 | 85 |
| 8 | State Farm | $35 | 82 |
| 9 | Haven | $34 | 82 |
The average monthly premium for term life insurance in Simi Valley, California, is $29 for women and $38 for men.
Several factors affect the cost of life insurance premiums, including age, health, lifestyle, policy term and coverage amount.
In Simi Valley, the cost of life insurance may be influenced by local health statistics, the cost of living and regional risk factors. For instance, higher health care costs or a higher prevalence of certain health conditions in the area could lead to higher premiums. Conversely, lower crime rates or a healthier population might result in lower premiums.
Understanding these factors can help you make informed decisions when shopping for life insurance in Simi Valley.
Protective offers the best life insurance for men in Simi Valley. With the highest MoneyGeek score of 92 out of 100, the company provides a reliable option for men seeking life insurance in this area.
The average monthly premium for the best life insurance for men in Simi Valley is $40. This cost is based on men in the 31 to 40 age group with excellent health.
Protective offers the best life insurance for women in Simi Valley. With the highest MoneyGeek score of 91 out of 100, it is a top choice for women looking for life insurance in this region.
The average monthly premium for the best life insurance for women in Simi Valley is $31. This cost is based on women in the 31 to 40 age group with excellent health.
Life insurance in Simi Valley does not differ significantly from the rest of California. The coverage options, premium costs and term lengths are consistent with state standards. However, local factors such as demographics and health trends may slightly influence rates.
If a life insurance company goes bankrupt in Simi Valley, state guaranty associations provide some protection. These associations cover policyholders up to certain limits, ensuring that beneficiaries receive some benefits even if the insurer fails.
Simi Valley residents might need life insurance for financial security. Life insurance can help cover funeral costs, pay off debts and provide for dependents in the event of an untimely death. It also offers a safety net for unexpected life events.
To find a lost life insurance policy in Simi Valley, start by checking personal records and contacting the deceased's financial advisors. You can also reach out to the California Department of Insurance for assistance in locating 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.
