Updated: November 22, 2024
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If you're looking for the best life insurance in Sparks, Nevada, Protective is your best option. With a MoneyGeek score of 92 and average monthly premiums of $25 for women and $30 for men, Protective offers great value.
Different factors influence life insurance decisions, and these scores and premium costs are based on a 20-year term policy with $500,000 coverage. 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 Sparks, Nevada.
Coverage costs and company information for life insurance providers were updated in October 2024.
BestLife InsuranceSparks, NVBest Life Insurance Companies in Sparks
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 Sparks, the best life insurance company for men and women is Protective, with a MoneyGeek score of 92 and average monthly premiums of $30 for men and $25 for women.
Top providers for men:
Top providers for women:
Protective stands out for its affordable premiums, making it a reliable choice for Sparks residents seeking life insurance.
In Sparks, Nevada, Protective is the best life insurance provider for men and women, boasting a MoneyGeek Score of 92. Men and women can secure a policy at a monthly cost of about $30 and $25, respectively. This reflects a balance of affordability and quality service.
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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 provider of the best term life insurance in Sparks. It has a MoneyGeek score of 92 and average monthly premiums of $15 for men and $13 for women.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance is a policy that covers a specified term and offers a death benefit if the insured passes away during the term. It's often chosen for its simplicity and lower cost than permanent life insurance. For example, a parent might opt for term life insurance to fund their child's education should anything happen to them.
Protective is the leading term life insurance provider for men and women in Sparks, earning a MoneyGeek score of 92. With average monthly premiums of $15 for men and $13 for women, it's an affordable option that does not compromise quality.
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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.
In Sparks, Protective provides the best whole life insurance for both men and women, with a MoneyGeek score of 92. This score reflects the company's affordability, customer satisfaction and financial stability.
Top whole life companies for men in Sparks:
Whole life insurance offers lifelong coverage and includes an investment component that can grow over time. Someone might choose whole life insurance to ensure their family's financial stability while also building cash value that they can borrow against in the future.
Protective is the top choice for whole life insurance in Sparks, serving both men and women with distinction. With a MoneyGeek score of 92, Protective demonstrates a commitment to providing reliable coverage and value.
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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 has the best universal life insurance in Sparks, with a MoneyGeek score of 91. This high score suggests Protective offers affordability, customer satisfaction and financial stability.
Best universal life insurance companies:
Universal life insurance offers flexible premiums, a death benefit and the potential to build cash value over time. For instance, someone who wants to adjust their premiums and coverage as their financial situation changes might opt for universal life insurance over more rigid policies, providing security and flexibility.
For those seeking universal life insurance in Sparks, Protective is the best choice, with a MoneyGeek score of 91 for both men and women.
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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 offers the best no-medical-exam life insurance in Sparks, with a MoneyGeek score of 91 out of 100 for both men and women.
Best life insurance companies that do not require a medical exam:
Life insurance without a required medical exam allows individuals to obtain coverage quickly. This can be particularly beneficial for those who need immediate coverage or have health issues that could complicate a traditional application process. For instance, someone with a chronic condition might opt for no-medical-exam insurance to avoid being denied or facing higher premiums.
For those seeking life insurance with no mandatory medical exam In Sparks, Protective should be at the top of mind for its high MoneyGeek score of 91 for both men and women.
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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.
The best term life insurance for seniors in Sparks is from Protective. It has a MoneyGeek score of 92 for men and 91 for women, with monthly premiums of about $62 and $58, respectively.
Age is a factor in life insurance premiums; as individuals age, the risk to insurers increases, often leading to higher costs. Protective's MoneyGeek score reflects its commitment to affordability, customer satisfaction, financial stability and product diversity. These elements are vital for seniors in Sparks seeking dependable policies.
| 1 | Protective | $62 | 92 |
| 2 | Mutual of Omaha | $71 | 91 |
| 3 | Nationwide | $65 | 90 |
| 4 | Allstate | $65 | 88 |
| 5 | AAA | $84 | 88 |
| 6 | Prudential | $62 | 88 |
| 7 | Transamerica | $78 | 87 |
| 8 | State Farm | $123 | 84 |
| 9 | Haven | $125 | 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 Sparks, Mutual of Omaha leads with high MoneyGeek scores of 90 for men and 89 for women. Men can expect an average monthly premium of $71, while women are quoted at $70.
Smoking significantly affects life insurance premiums due to the health risks it poses, often leading to higher rates for smokers than nonsmokers. Mutual of Omaha provides valuable coverage at competitive prices. This information is crucial for smokers who need a reliable policy that can accommodate their circumstances without compromising quality or cost.
| 1 | Mutual of Omaha | $71 | 90 |
| 2 | Nationwide | $76 | 89 |
| 3 | Protective | $97 | 88 |
| 4 | Prudential | $56 | 88 |
| 5 | Transamerica | $69 | 87 |
| 6 | State Farm | $92 | 86 |
| 7 | AAA | $125 | 85 |
| 8 | Allstate | $108 | 84 |
| 9 | Haven | $118 | 83 |
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 Sparks, Protective stands out as a reliable choice. It has a MoneyGeek score of 92, with monthly premiums of $8 for women and $9 for men.
Age is crucial in determining life insurance premiums, with younger adults typically benefiting from lower rates. Choosing a reliable term life insurance is essential for securing financial protection at a reasonable cost.
| 1 | Protective | $9 | 92 |
| 2 | Mutual of Omaha | $11 | 91 |
| 3 | Nationwide | $12 | 89 |
| 4 | AAA | $13 | 88 |
| 5 | Allstate | $11 | 88 |
| 6 | Transamerica | $12 | 87 |
| 7 | Prudential | $12 | 86 |
| 8 | Haven | $14 | 85 |
| 9 | State Farm | $21 | 84 |
| 10 | Bestow | $19 | 84 |
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 Sparks, go for Protective. It has a MoneyGeek score of 92 and average monthly premiums of $13 for women and $15 for men.
Factors such as age, health, coverage amount and term length affect life insurance costs. To get the lowest premiums, maintain good health, choose a shorter term and opt for a lower coverage amount.
| 1 | Protective | $15 | 92 |
| 2 | Nationwide | $18 | 91 |
| 3 | Mutual of Omaha | $17 | 90 |
| 4 | Allstate | $17 | 89 |
| 5 | Transamerica | $19 | 88 |
| 6 | AAA | $20 | 88 |
| 7 | Prudential | $18 | 88 |
| 8 | Haven | $24 | 84 |
| 9 | State Farm | $32 | 82 |
The average monthly cost of term life insurance in Sparks is $29 for men and $24 for women.
Many factors affect life insurance premiums, including age, health, lifestyle and the amount of coverage you choose. Insurers assess these factors to determine the risk for them by insuring you.
Life insurance costs in Sparks may differ from the rest of Nevada due to various local factors. Health trends, economic conditions, specific risk factors and competition among insurers are some factors that can lead to variations compared to other regions in the state.
Always consider your circumstances and the specific conditions of your area when evaluating your options.
Protective has the best life insurance in Sparks for men.
The average monthly premium for the best life insurance for men in Sparks is $30, offered by Protective.
Protective has the best life insurance in Sparks for women.
The average monthly premium for the best life insurance for women in Sparks is $25, offered by Protective.
Life insurance in Sparks may have different premium rates and company rankings compared to the rest of Nevada. For instance, Protective offers competitive rates for Sparks residents but not for residents in other cities within the state. It's essential to compare local options to ensure the best coverage and rates.
State guaranty associations typically protect policyholders if a life insurance company goes bankrupt in Sparks. These associations ensure that coverage continues up to certain limits. It's important to check the specific protections provided by Nevada's guaranty association.
Sparks residents might need life insurance to provide financial security for their families. Life insurance can cover expenses such as mortgages, education and daily living costs. It can also be an inheritance or a way to pay off debts.
To find a lost life insurance policy in Sparks, check personal records and contact the deceased's financial advisors. You can also reach out to the insurance company directly or use online search tools provided by state insurance departments.
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.
