Updated: November 21, 2024
Advertising & Editorial Disclosure
Protective is the best life insurance provider for both men and women in Spring Valley, Nevada, with a MoneyGeek score of 92 out of 100 for each. Protective offers an average monthly premium of $26 for men and $23 for women. 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 Spring Valley, Nevada.
Coverage costs and company information for life insurance providers were updated in October 2024.
BestLife InsuranceSpring Valley, Best Life Insurance Companies in Spring 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 for both men and women in Spring Valley, with a MoneyGeek score of 92 and an average monthly premium of $26 and $23, respectively.
Top providers for men:
Top providers for women:
Protective's high MoneyGeek score reflects its strong performance in affordability, customer satisfaction and product diversity. This makes it a reliable choice for the average individual looking to purchase life insurance in Spring Valley.
Protective stands out as the leading life insurance provider in Spring Valley for both men and women, with a MoneyGeek score of 92. For men, the monthly premium is $26, while women have a premium of $23. This company offers a balance of cost and customer satisfaction, making it a top choice for life insurance needs.
Pros:
Cons:
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 Spring Valley, Protective is the best term life insurance provider for both men and women, with a MoneyGeek score of 92 and monthly premiums of $13 for men and $12 for women. This company's combination of financial stability, customer satisfaction, and affordability makes it an optimal choice for individuals seeking reliable term coverage without overstretching their budget.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance offers coverage for a specified period, providing a death benefit if the insured passes away during the term. It is often chosen over permanent life insurance for its affordability and simplicity. For instance, a parent might opt for term life insurance to ensure their child's educational expenses are covered until graduation.
Protective offers the best term life insurance for men and women in Spring Valley, with a MoneyGeek score 92 out of 100 for each and monthly premiums of $13 and $12, respectively. Protective provides a balance of cost and quality coverage.
Pros:
Cons:
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 is the top provider of the best whole life insurance in Spring Valley for both men and women, with a MoneyGeek score of 92 out of 100.
Whole life insurance provides 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 can be borrowed against in the future.
Protective is the premier provider of whole life insurance in Spring Valley for both men and women, with MoneyGeek scores of 92 for each. Customers choose Protective for its exemplary service and stable financial footing.
Pros:
Cons:
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 emerges as the provider with the best universal life insurance in Spring Valley for both men and women, with a MoneyGeek score of 91.
Universal life insurance offers a flexible premium and death benefit, along with the potential to build cash value over time. For instance, someone who wants the ability to adjust their premiums and coverage as their financial situation changes might opt for universal life insurance over more rigid policies.
Protective stands out as the leading provider of universal life insurance for both men and women in Spring Valley, with MoneyGeek scores of 91 for each. Their exceptional ratings reflect a strong balance of affordability and customer satisfaction, making them a reliable choice for life insurance seekers.
Pros:
Cons:
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.
In Spring Valley, Protective offers the best life insurance without the hassle of a mandatory medical exam for both men and women, with a MoneyGeek score of 91.
Life insurance without a medical exam allows individuals to obtain coverage quickly and without the need for a medical checkup. This can be particularly beneficial for those with health concerns or who require immediate coverage. For instance, someone with a chronic condition might opt for no-medical-exam insurance to avoid the possibility of being denied coverage or facing higher premiums.
Protective stands out as the premier provider of no-medical-exam life insurance in Spring Valley for both men and women, boasting a stellar MoneyGeek score of 91. With its commitment to affordability and customer satisfaction, Protective ensures that securing life insurance is a smooth and reliable process for everyone.
Pros:
Cons:
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 Spring Valley, Protective stands out with the best term life insurance for seniors, scoring 92 for men and 91 for women, with average monthly premiums of $55 and $53, respectively.
Age impacts life insurance premiums, with costs typically increasing as one grows older. Protective's high MoneyGeek score signifies a balance between cost and quality service, making it a strong choice for seniors who prioritize both.
| 1 | Protective | $55 | 92 |
| 2 | Mutual of Omaha | $62 | 91 |
| 3 | Nationwide | $57 | 90 |
| 4 | Allstate | $57 | 88 |
| 5 | AAA | $74 | 88 |
| 6 | Prudential | $54 | 88 |
| 7 | Transamerica | $69 | 87 |
| 8 | State Farm | $108 | 84 |
| 9 | Haven | $110 | 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.
In Spring Valley, Mutual of Omaha stands out with the best term life insurance for smokers, with a MoneyGeek score of 90 for men and 89 for women. Men can expect an average monthly premium of $62, while women's premium is $64.
Smoking significantly affects life insurance premiums due to the associated health risks, which can lead to higher costs for policyholders. Mutual of Omaha's high MoneyGeek score indicates a strong balance of affordability, customer satisfaction, financial stability and product diversity, making it a compelling choice for smokers in Spring Valley.
| 1 | Mutual of Omaha | $62 | 90 |
| 2 | Nationwide | $67 | 89 |
| 3 | Protective | $85 | 88 |
| 4 | Prudential | $49 | 88 |
| 5 | Transamerica | $61 | 87 |
| 6 | State Farm | $80 | 86 |
| 7 | AAA | $109 | 85 |
| 8 | Allstate | $95 | 84 |
| 9 | Haven | $104 | 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.
In Spring Valley, Protective offers the best term life insurance for young adults, with a MoneyGeek score of 92 and an average monthly premium of $8.
Age plays a significant role in determining life insurance premiums because younger individuals generally pose a lower risk to insurers. This lower risk translates to more affordable premiums, making it easier for young adults to secure coverage. Protective's top MoneyGeek score reflects its strong performance in affordability, customer satisfaction and financial stability.
| 1 | Protective | $8 | 92 |
| 2 | Mutual of Omaha | $9 | 91 |
| 3 | Nationwide | $10 | 89 |
| 4 | AAA | $11 | 88 |
| 5 | Allstate | $9 | 88 |
| 6 | Transamerica | $10 | 87 |
| 7 | Prudential | $11 | 86 |
| 8 | Haven | $12 | 85 |
| 9 | State Farm | $18 | 84 |
| 10 | Bestow | $17 | 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 Spring Valley, Protective stands out for both men and women with a MoneyGeek score of 92. The average monthly premium is $13 for men and $12 for women. Protective's high MoneyGeek score is attributed to its affordability, customer satisfaction and financial stability.
Age, health and coverage all influence the cost of life insurance. To get the lowest premiums, you should strive to maintain good health, avoid tobacco use and compare quotes from different insurers.
| 1 | Protective | $13 | 92 |
| 2 | Nationwide | $16 | 91 |
| 3 | Mutual of Omaha | $15 | 90 |
| 4 | Allstate | $15 | 89 |
| 5 | Transamerica | $16 | 88 |
| 6 | AAA | $18 | 88 |
| 7 | Prudential | $16 | 88 |
| 8 | Haven | $21 | 84 |
| 9 | State Farm | $28 | 82 |
The average monthly premium for term life insurance in Spring Valley, Nevada, is $29 for women and $33 for men. Knowing these rates can help consumers make informed decisions when purchasing life insurance.
Several factors affect the cost of life insurance premiums, including age, health, lifestyle and occupation. Insurance companies assess these factors to determine the risk associated with insuring an individual.
The cost of life insurance in Spring Valley might be higher or lower compared to other parts of Nevada due to various reasons. Local economic conditions, health statistics and lifestyle trends can all influence insurance premiums. For instance, if Spring Valley has higher health care costs or a higher incidence of certain health conditions, premiums might be higher. Conversely, lower living costs or healthier lifestyle trends could result in lower premiums.
Protective has the best life insurance in Spring Valley for men, with a MoneyGeek score of 92 out of 100.
The monthly premium cost for the best life insurance for men in Spring Valley is $26. This cost is based on a 20-year term for individuals aged 31 to 40 with excellent health and no tobacco use.
Protective has the best life insurance in Spring Valley for women, with a MoneyGeek score of 92 out of 100.
The monthly premium cost for the best life insurance for women in Spring Valley is $23. This premium applies to a 20-year term for women aged 31 to 40 who are in excellent health and do not use tobacco.
Life insurance in Spring Valley may offer more competitive rates and higher customer satisfaction compared to other regions in Nevada. For instance, Protective's high scores in affordability and customer satisfaction suggest a favorable market for consumers in Spring Valley. Rates and terms could vary significantly in other parts of the state.
If a life insurance company goes bankrupt in Spring Valley, policyholders are usually protected by state guaranty associations. These associations cover claims up to a certain limit, ensuring that policyholders do not lose their coverage entirely. It is advisable to check the specific coverage limits and protections offered in Nevada.
Spring Valley residents might need life insurance to provide financial security for their families. Life insurance can help cover funeral expenses, pay off debts, and replace lost income. It is especially important for those with dependents or significant financial obligations.
To find a lost life insurance policy in Spring Valley, start by checking with the deceased's financial advisors, employers, and banks. You can also contact the Nevada Department of Insurance for assistance. Keeping organized records and informing beneficiaries about the policy can prevent such issues.
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.
