Best Life Insurance in Tempe, AZ (November 2024)

In Tempe, Arizona, the best life insurance provider varies by gender. For women, Protective offers the highest MoneyGeek score of 92 with a monthly premium of $34. For men, Mutual of Omaha leads with a MoneyGeek score of 91 and a monthly premium of $41. These scores and premium costs are based on a 20-year term policy with $500,000 coverage. Different factors should be considered when deciding on life insurance, as your unique needs may mean a different company is best for you.

In Tempe, Protective offers the best life insurance for both men and women, with a MoneyGeek score of 92 and with an average monthly premium of $34 for women, and a score of 91 at $45 per month for men. Here are the top two providers for both genders based on MoneyGeek scores:

Top providers for men:

• Protective: MoneyGeek score of 91 out of 100 at $45 per month for men
• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $41 per month for men

Top providers for women:

• Protective: MoneyGeek score of 92 out of 100 at $34 per month for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $41 per month for women

Protective stands out for its high MoneyGeek scores and affordable premiums. It offers a balance of affordability, customer satisfaction and financial stability, making it a reliable choice for anyone looking to purchase life insurance in Tempe.

For men seeking the best term life insurance in Tempe, Mutual of Omaha stands out with a MoneyGeek score of 91 at $20 per month. Women will find Protective to be the top choice, scoring 92 with a monthly premium of $18. These companies excel in providing term life insurance, offering high scores in affordability, customer satisfaction and financial stability.

The top two term life insurance companies for men are:

• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $20 per month for men
• Nationwide: MoneyGeek score of 91 out of 100 at $19 per month for men

For women, the top two are:

• Protective: MoneyGeek score of 92 out of 100 at $18 per month for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $23 per month for women

Term life insurance is a policy where coverage is provided for a specific period. For instance, a parent might choose term life insurance to ensure their child's education costs are covered in the event of an untimely passing.

Protective is the top provider of the best whole life insurance in Tempe, with a MoneyGeek score of 92 for both men and women. This score suggests that Protective offers a blend of affordability, customer satisfaction, and financial stability that is well-suited for the average individual seeking a reliable insurance policy.

Top whole life companies for men in Tempe:

• Protective: MoneyGeek score of 92 out of 100 for men
• Mutual of Omaha: MoneyGeek score of 91 out of 100 for men

Top whole life companies for women in Tempe:

• Protective: MoneyGeek score of 92 out of 100 for women
• Mutual of Omaha: MoneyGeek score of 91 out of 100 for women

Whole life insurance is a permanent policy that provides a death benefit and accumulates cash value over time. Someone might choose best whole life insurance over term life insurance for its lifelong coverage and potential to grow cash value, which can be a financial asset during their lifetime.

In Tempe, Protective offers the best universal life insurance provider for both men and women, boasting a MoneyGeek score of 91. Choosing Protective means selecting a company that excels in affordability, customer satisfaction, buying process and financial stability.

Best universal life insurance for men:

• Protective: MoneyGeek score of 91 out of 100 for men
• Mutual of Omaha: MoneyGeek score of 90 out of 100 for men

Best universal life insurance for women:

• Protective: MoneyGeek score of 91 out of 100 for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 for women

Universal life insurance offers flexibility in premiums and death benefits, which can be appealing to those who desire a more adaptable approach to their long-term financial planning. For example, a young professional might choose universal life insurance over term life insurance to benefit from the potential cash value growth that can be used towards future needs or retirement planning.

Protective offers the best life insurance without a medical exam for both men and women in Tempe, boasting a MoneyGeek score of 91. This score indicates a robust offering that combines affordability, customer satisfaction and financial stability, making it an excellent choice for the average individual in the market for this type of insurance policy.

Best no-medical-exam life insurance for men:

• Protective: MoneyGeek score of 91 out of 100 for men
• Mutual of Omaha: MoneyGeek score of 90 out of 100 for men

Best life insurance for women that does not require a medical exam:

• Protective: MoneyGeek score of 91 out of 100 for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 for women

This type of life insurance is a policy that does not require a medical examination for approval, offering a quicker and more convenient option for coverage. For instance, someone with a busy schedule or a dislike of medical appointments might choose this insurance to ensure they are covered without the hassle of a traditional health assessment.

For older men in Tempe seeking the best term life insurance for seniors, Mutual of Omaha leads with a MoneyGeek score of 91 and an average monthly premium of $75. Women find Protective at the top, earning a MoneyGeek score of 90 and a $87 average monthly premium.

Age influences life insurance premiums as insurers assess the increased risk and potential for payout as clients age. Protective and Mutual of Omaha have earned the highest scores for their respective gender categories because they provide a balance of affordability, customer satisfaction, financial stability, and product diversity. This balance is key for seniors in Tempe who prioritize a trustworthy and cost-effective life insurance policy.

In Tempe, Mutual of Omaha and Allstate stand out for men and women, respectively, as providers of the best term life insurance for smokers. Mutual of Omaha leads with a MoneyGeek score of 90 and a monthly premium of $46 for men.

For women, Allstate ranks highest, scoring 88 with a monthly premium of $34. Smokers face higher premiums due to the increased risks associated with tobacco use, which life insurance companies account for in their pricing. The top scores reflect a balance of affordability, customer satisfaction, financial stability, and product diversity, making these companies favorable for smokers in search of reliable term life insurance coverage.

For the best term life insurance for young adults in Tempe, Protective stands out with a MoneyGeek score of 92 for women and 91 for men. Women's monthly premiums are approximately $11, while men's are about $13.

Age plays a significant role in determining life insurance premiums. Younger individuals typically enjoy lower premiums because they pose a lower risk to insurers. Protective's top scores are attributed to its excellent customer satisfaction and robust financial stability. For young adults in Tempe, this makes Protective a compelling choice for term life insurance, offering both affordability and reliability.

Nationwide offers the best cheap term life insurance for men in Tempe, with a MoneyGeek score of 93 and a monthly premium of $19. For women, Protective stands out with a MoneyGeek score of 92 and a monthly premium of $18.

Factors affecting life insurance premiums include age, health, coverage amount, and term length. To secure the lowest premiums, maintain good health, avoid tobacco, and choose an appropriate coverage amount and term length.

Nationwide and Protective have high MoneyGeek scores due to their affordability, customer satisfaction, and financial stability. These companies provide excellent value for those looking for the best cheap term life insurance in Tempe.

Choosing the right provider is crucial for those seeking the best cheap term life insurance in Tempe.

The average monthly premium for term life insurance in Tempe is $33 for women and $38 for men. These figures highlight the cost differences based on gender in this region.

Several factors affect the cost of life insurance premiums. These include age, health, lifestyle, the amount of coverage, the length of the term, and the insurer chosen. Each of these factors plays a role in determining the final premium amount.

In Tempe, the cost of life insurance might be higher or lower compared to the rest of Arizona due to various reasons. Local economic conditions and demographic factors can influence premium rates. Additionally, regional health statistics may also impact the cost. Understanding these factors can help consumers make informed decisions about their life insurance needs.