Best Life Insurance in Tallahassee, FL (August 2024)
Updated: September 16, 2024
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Protective is the best life insurance company in Tallahassee, Florida, with a MoneyGeek score of 92 for both men and women. The average monthly premiums are $28 for males and $25 for females.
These scores and premiums are based on a 20-year term policy with $500,000 coverage, but your choice may vary based on personal needs. When choosing life insurance, consider your age, health, financial situation, and coverage needs.
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 Tallahassee, Florida.
Coverage costs and company information for life insurance providers were updated in August 2024.
BestLife InsuranceTallahassee, FLBest Life Insurance Companies in Tallahassee
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 Tallahassee, with a MoneyGeek score of 92 and average monthly premiums of $28 for men and $25 for women.
Top providers for men:
Top providers for women:
Protective's affordable premiums, high customer satisfaction and financial stability make it the best choice for life insurance in Tallahassee.
Protective is Tallahassee's top life insurance provider, with a MoneyGeek score of 92. It provides affordable coverage at average monthly premiums of $28 for men and $25 for 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:
Quotes gathered were for a $250K life insurance policy with a 10-year term.
Protective is the best term life insurance provider, with a balance of affordability and customer satisfaction. It earns MoneyGeek scores of 92 for men and 91 for women. Average monthly premiums are $13 for men and $12 for women.
Top term life insurance companies for men:
Top term life insurance companies for women:
Term life insurance provides coverage for a specified term and offers a death benefit if the policyholder passes away during that term. For example, a young family may opt for term life insurance to ensure children's financial stability until adulthood.
Protective is the leading choice for term life insurance in Tallahassee, with MoneyGeek scores of 92 for men and 91 for women. Its average monthly premiums of $13 for males and $12 for females strike a balance between cost and quality coverage.
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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 Tallahassee, Protective has the best whole life insurance, with MoneyGeek scores of 92 for men and women. The company performs strongly in terms of affordability, customer satisfaction and financial stability.
Whole life insurance covers the insured's lifetime and includes a cash value that can be accessed during their life.
Protective is the top choice for whole life insurance in Tallahassee for both men and women, earning a MoneyGeek Score of 92 for each and offering a balance of affordability and service quality.
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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 is the best universal life insurance provider in Tallahassee, with a MoneyGeek score of 91 for both men and women. The company's high score indicates a strong combination of affordability, customer satisfaction and financial stability.
Universal life insurance combines life coverage with an investment component, allowing for cash value growth. It also provides flexibility to adjust premiums and death benefits over time. For example, someone might choose universal life insurance to modify their coverage as their financial needs change without needing a new policy.
Protective is the top provider of universal life insurance in Tallahassee, 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 life insurance without a medical exam requirement in Tallahassee. Its MoneyGeek score of 91 for both men and women reflects a strong balance of affordability, customer satisfaction and financial stability.
Life insurance without a medical exam suits those who want to skip the process because of health issues or busy schedules.
In Tallahassee, Protective is the top choice for life insurance without the hassle of a medical examination. Its MoneyGeek score of 91 for both men and women 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 offers the best term life insurance for seniors in Tallahassee, with a MoneyGeek score of 91 for both men and women. Male and female seniors pay average monthly premiums of $55 and $54, respectively.
Age affects life insurance premiums because older individuals pose higher health risks, leading to higher rates. Protective's top MoneyGeek score reflects its strong performance in affordability, customer satisfaction, financial stability and product diversity.
| 1 | CompanyProtective | Premium$55 | MG Score out of 10091 |
| 2 | CompanyMutual of Omaha | Premium$60 | MG Score out of 10091 |
| 3 | CompanyNationwide | Premium$56 | MG Score out of 10090 |
| 4 | CompanyAllstate | Premium$49 | MG Score out of 10089 |
| 5 | CompanyAAA | Premium$70 | MG Score out of 10088 |
| 6 | CompanyTransamerica | Premium$56 | MG Score out of 10087 |
| 7 | CompanyPrudential | Premium$73 | MG Score out of 10085 |
| 8 | CompanyState Farm | Premium$95 | MG Score out of 10084 |
| 9 | CompanyHaven | Premium$110 | MG Score out of 10082 |
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 Tallahassee, Mutual of Omaha offers the best term life insurance for smokers, with a MoneyGeek score of 91 for men and 90 for women. The average monthly premium for men is $36; for women, it's $35.
Insurers consider smokers at higher risk, which results in higher premiums. Mutual of Omaha's high MoneyGeek score indicates a balance of affordability, customer satisfaction and financial stability.
| 1 | CompanyMutual of Omaha | Premium$36 | MG Score out of 10091 |
| 2 | CompanyNationwide | Premium$42 | MG Score out of 10089 |
| 3 | CompanyAAA | Premium$39 | MG Score out of 10089 |
| 4 | CompanyTransamerica | Premium$32 | MG Score out of 10088 |
| 5 | CompanyProtective | Premium$53 | MG Score out of 10088 |
| 6 | CompanyPrudential | Premium$34 | MG Score out of 10087 |
| 7 | CompanyState Farm | Premium$49 | MG Score out of 10086 |
| 8 | CompanyAllstate | Premium$49 | MG Score out of 10085 |
| 9 | CompanyHaven | Premium$65 | MG Score out of 10082 |
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.
Protective offers the best term life insurance for young adults in Tallahassee, with a MoneyGeek score of 92 and an average monthly premium of $8 for men and women.
Age plays a crucial role in determining life insurance premiums. Younger adults typically enjoy lower rates due to lower health risks. Protective's high scores in affordability, customer satisfaction and financial stability reflect the best value and reliable coverage for policyholders.
| 1 | CompanyProtective | Premium$8 | MG Score out of 10092 |
| 2 | CompanyMutual of Omaha | Premium$9 | MG Score out of 10091 |
| 3 | CompanyNationwide | Premium$10 | MG Score out of 10090 |
| 4 | CompanyAAA | Premium$10 | MG Score out of 10089 |
| 5 | CompanyAllstate | Premium$8 | MG Score out of 10089 |
| 6 | CompanyTransamerica | Premium$8 | MG Score out of 10088 |
| 7 | CompanyState Farm | Premium$16 | MG Score out of 10086 |
| 8 | CompanyHaven | Premium$12 | MG Score out of 10086 |
| 9 | CompanyPrudential | Premium$15 | MG Score out of 10085 |
| 10 | CompanyBestow | Premium$24 | MG Score out of 10083 |
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.
Protective offers the best cheap term life insurance in Tallahassee, with MoneyGeek scores of 92 for men and 91 for women. The average monthly premiums are $13 for males and $12 for females.
Top cheap term life insurance for men:
Top cheap term life insurance for women:
Age, health, coverage amount and term length affect insurance premiums. To get the lowest premiums, maintain a healthy lifestyle, avoid tobacco and choose a lower coverage amount and a shorter term.
| 1 | CompanyProtective | Premium$13 | MG Score out of 10092 |
| 2 | CompanyAllstate | Premium$12 | MG Score out of 10091 |
| 3 | CompanyNationwide | Premium$15 | MG Score out of 10091 |
| 4 | CompanyMutual of Omaha | Premium$14 | MG Score out of 10090 |
| 5 | CompanyTransamerica | Premium$13 | MG Score out of 10090 |
| 6 | CompanyAAA | Premium$16 | MG Score out of 10088 |
| 7 | CompanyHaven | Premium$20 | MG Score out of 10083 |
| 8 | CompanyState Farm | Premium$25 | MG Score out of 10082 |
| 9 | CompanyPrudential | Premium$22 | MG Score out of 10082 |
In Tallahassee, the average monthly cost for term life insurance is $24 for women and $26 for men.
Several factors affect life insurance premiums, including age, health, lifestyle, occupation, policy type and coverage amount. Understanding these factors can help you choose the best life insurance.
Younger individuals and non-smokers usually pay lower insurance rates due to lower risk. Premiums in Tallahassee may differ from those in other parts of Florida due to local health trends and economic conditions. For example, higher local health risks could lead to higher premiums, while a lower cost of living might result in more affordable rates.
Protective has the best life insurance for men in Tallahassee, with the highest MoneyGeek score of 92 out of 100.
The average monthly premium for the best life insurance for men in Tallahassee is $28.
Protective offers the best life insurance for women in Tallahassee, with a MoneyGeek score of 92 out of 100.
The average monthly premium for the best life insurance for women in Tallahassee is $25.
Life insurance in Tallahassee may differ slightly from other parts of Florida due to local market conditions and provider options. For example, Protective offers competitive rates and high MoneyGeek scores in Tallahassee, which might not be the case in other cities.
If a life insurance company goes bankrupt in Tallahassee, state guaranty associations cover claims up to a specific limit, ensuring that policyholders don't lose their coverage entirely.
Tallahassee residents might need life insurance to provide financial security for their families or cover debt, mortgage payments, college tuition, funeral expenses and living costs.
To find a lost life insurance policy in Tallahassee, check personal records and contact the deceased's financial advisor. You can also reach out to the Florida Department of Financial Services for assistance and use the National Association of Insurance Commissioners' policy locator service.
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.
