Updated: November 21, 2024
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Protective is the best life insurance provider in The Woodlands, Texas, for both men and women, with a MoneyGeek score of 91 and 92, respectively. It offers an average monthly premium of $109 for men and $44 for women. These scores and costs are derived from a 20-year term policy with $500,000 coverage.
Different factors, such as age, health and financial stability, should be considered when choosing life insurance. 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 The Woodlands, Texas.
Coverage costs and company information for life insurance providers were updated in October 2024.
BestLife InsuranceThe Woodlands, Best Life Insurance Companies in The Woodlands
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 The Woodlands for both men and women, with a MoneyGeek score of 91 for men and 92 for women, and average monthly premiums of $109 and $44 respectively.
Top providers for men:
Top providers for women:
Protective stands out for its high MoneyGeek scores and competitive premiums, making it a strong choice for anyone looking to purchase life insurance in The Woodlands.
Protective stands out for men and women seeking life insurance in The Woodlands, Texas. It boasts a MoneyGeek Score of 92 for women and 91 for men, reflecting a balance of affordability and customer satisfaction. Protective offers a monthly premium of $44 for women and $109 for men, making it a top choice for life insurance.
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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.
Mutual of Omaha offers the best term life insurance, in The Woodlands for men, with a MoneyGeek score of 91 at roughly $53 per month, while Protective leads for women with a score of 92 at about $24 per month. These companies offer robust financial stability and customer satisfaction, making them optimal choices for individuals looking for reliable term life insurance coverage without worrying about long-term commitment or investment components.
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.
Mutual of Omaha is the top choice for term life insurance for men in The Woodlands, Texas, with a MoneyGeek score of 91. The company offers a monthly premium of $53, striking a balance between cost and quality coverage.
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Protective is the premier choice for women seeking the best term life insurance in The Woodlands, with a MoneyGeek score of 92. Women can secure coverage at an affordable monthly premium of $24, ensuring both value and peace of mind.
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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 stands out as the provider of the best whole life insurance in The Woodlands for both men and women, with a MoneyGeek score of 92 for each.
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 emerges is the premier choice for whole life insurance in The Woodlands for both men and women, with MoneyGeek scores of 92 each. This ranking reflects a combination of high customer satisfaction and financial stability, underscored by competitive pricing and a variety of products. Consumers can trust in Protective's robust offerings and solid reputation in the marketplace.
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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 provides the best universal life insurance the The Woodlands, boasting a MoneyGeek score of 91 for both men and women. This score reflects a strong balance of affordability, customer satisfaction and financial stability, making Protective an optimal choice for those seeking reliable coverage.
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 emerges as the best universal life insurance provider in The Woodlands for both men and women, with a MoneyGeek score of 91. Recognized for its robust customer satisfaction and financial stability, Protective ensures a reliable choice for life insurance needs.
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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.
In The Woodlands, 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 is the leading provider of no-medical-exam life insurance in The Woodlands, offering robust coverage for both men and women. With a MoneyGeek score of 91 for each, Protective stands out for its exceptional customer satisfaction and solid 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.
The Mutual of Omaha stands as the top provider of the best term life insurance for seniors in The Woodlands for men, with a MoneyGeek score of 91 and an average monthly premium of $216. For women, Protective leads with a score of 92 and a premium of about $102.
Age impacts life insurance premiums, as insurers weigh the increased health risks that come with age. Mutual of Omaha and Protective stand out due to their strong performance across affordability for seniors, customer satisfaction, buying process, financial stability and product diversity.
| 1 | Mutual of Omaha | $216 | 91 |
| 2 | Nationwide | $179 | 91 |
| 3 | Protective | $233 | 90 |
| 4 | Prudential | $215 | 86 |
| 5 | Transamerica | $246 | 86 |
| 6 | Allstate | $291 | 86 |
| 7 | AAA | $341 | 85 |
| 8 | State Farm | $323 | 85 |
| 9 | Haven | $395 | 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 men seeking the best term life insurance for smokers in The Woodlands, Mutual of Omaha stands out with a MoneyGeek Score of 91 and an average monthly premium of 119. Women find their best option with Allstate, scoring 89 and a monthly premium of of about $45.
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 and Allstate's top scores reflect their commitment to providing valuable coverage at competitive prices, making them strong contenders for reliable term life insurance.
| 1 | Mutual of Omaha | $119 | 91 |
| 2 | Nationwide | $110 | 90 |
| 3 | Allstate | $107 | 88 |
| 4 | Transamerica | $108 | 88 |
| 5 | Protective | $167 | 88 |
| 6 | Prudential | $101 | 88 |
| 7 | State Farm | $157 | 85 |
| 8 | AAA | $193 | 85 |
| 9 | Haven | $192 | 82 |
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 The Woodlands, Protective stands out for both men and women with a MoneyGeek Score of 92. The monthly premium is $15 for women and $33 for men.
Age is a crucial factor in determining life insurance premiums. Younger individuals generally face lower premiums because they are considered lower risk for health issues. Protective's high MoneyGeek score reflects its strong customer satisfaction, financial stability and affordability, making it an excellent choice for young adults seeking term life insurance in The Woodlands.
| 1 | Protective | $33 | 92 |
| 2 | Mutual of Omaha | $33 | 91 |
| 3 | Nationwide | $32 | 91 |
| 4 | Transamerica | $37 | 87 |
| 5 | AAA | $52 | 85 |
| 6 | Prudential | $43 | 85 |
| 7 | State Farm | $54 | 85 |
| 8 | Allstate | $54 | 85 |
| 9 | Haven | $43 | 84 |
| 10 | Bestow | $58 | 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 The Woodlands, Nationwide tops the list for men with a MoneyGeek score of 93 and an average monthly premium of $49. For women, Protective is the leading provider, with a MoneyGeek score of 92 and a monthly premium of $24. Nationwide scores high due to its easy buying process and affordability, while Protective excels in 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 | Nationwide | $49 | 93 |
| 2 | Mutual of Omaha | $53 | 91 |
| 3 | Protective | $54 | 91 |
| 4 | Transamerica | $59 | 88 |
| 5 | Prudential | $65 | 86 |
| 6 | AAA | $83 | 84 |
| 7 | Allstate | $82 | 84 |
| 8 | State Farm | $85 | 82 |
| 9 | Haven | $75 | 82 |
The average monthly premium for term life insurance in The Woodlands is $44 for women and $98 for men.
Many factors affect the cost of life insurance premiums. These include age, health, lifestyle, occupation, the amount of coverage and the policy term. Each of these factors can influence the risk assessment that insurance companies use to determine premiums.
The cost of life insurance in The Woodlands might be higher or lower than in the rest of Texas for several reasons. Local demographics, health statistics, economic conditions and crime rates can all play a role. For example, if The Woodlands has a higher average income or lower crime rate, this could impact the premiums. Conversely, if the area has higher health risks or a higher cost of living, this might increase the premiums.
Protective offers the best life insurance for men in The Woodlands, with a MoneyGeek score of 91 out of 100.
The monthly premium cost for the best life insurance for men in The Woodlands is $109.
Protective offers the best life insurance for women in The Woodlands, with a MoneyGeek score of 92 out of 100.
The monthly premium cost for the best life insurance for women in The Woodlands is $44.
Life insurance in The Woodlands does not show significant differences compared to the rest of Texas. Protective offers the highest-rated plans for both men and women, indicating a consistent provider preference in this area.
If a life insurance company goes bankrupt in The Woodlands, state guaranty associations typically step in to protect policyholders. Coverage limits vary, so it’s important to understand the specific protections available in Texas.
Residents of The Woodlands might need life insurance to provide financial security for their families. It can cover expenses such as mortgages, education costs and daily living expenses in the event of the policyholder’s death.
To find a lost life insurance policy in The Woodlands, start by checking personal records and contacting the deceased's financial advisors. You can also reach out to the Texas Department of Insurance for assistance.
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.
