Updated: November 21, 2024
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Based on MoneyGeek scores, Protective is the best life insurance provider in Thousand Oaks, California, for both men and women. The MoneyGeek score for men is 92, with a monthly premium of $49. For women, the score is 91, with a monthly premium of $32.
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 the type of life insurance to buy. 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 Thousand Oaks, California.
Coverage costs and company information for life insurance providers were updated in September 2024.
BestLife InsuranceThousand Oaks, Best Life Insurance Companies in Thousand Oaks
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 Thousand Oaks, Protective offers the best life insurance for both men and women with a MoneyGeek score of 92 out of 100 at $49 per month for men and 91 out of 100 at $32 per month for women. This makes Protective the top choice for life insurance in Thousand Oaks.
Top providers for men:
Top providers for women:
Protective stands out due to its high MoneyGeek scores and competitive premiums. For the average individual looking to purchase life insurance in Thousand Oaks, Protective offers a balanced combination of affordability, customer satisfaction, and financial stability.
Protective stands out as the top choice for life insurance in Thousand Oaks, offering robust coverage for both men and women. With a MoneyGeek score of around 92 for both genders, Protective combines excellent customer satisfaction with affordability. Men can expect an average monthly premium of about $49, while women are quoted around $32.
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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.
The best term life insurance in Thousand Oaks for both men and women is provided by Protective, with a MoneyGeek score of 92 for men and for women. The average monthly premiums are approximately $25 for men and $18 for women. Protective stands out for its balance of affordability and customer satisfaction.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance is a policy where coverage is provided for a specific term, offering a death benefit if the insured passes away during that term. For example, a parent might purchase term insurance to ensure their child's education is funded in the event of their untimely death.
For men in Thousand Oaks seeking term life insurance, Protective stands out with a MoneyGeek score of 92 for both men and women. Protective offers 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 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.
For people seeking the best whole life insurance in Thousand Oaks, Protective is the top choice for both men and women, with a MoneyGeek score of 92 out of 100. This score reflects Protective's commitment to affordability, customer satisfaction and financial stability.
Top whole life companies for men in Thousand Oaks:
Top whole life companies for women in Thousand Oaks:
Whole life insurance is a type of permanent life insurance that provides coverage for the insured's entire lifetime. Unlike term life insurance, which only covers a specific period, whole life insurance includes an investment component that can grow over time.
Protective emerges as the leading provider of whole life insurance for both men and women in Thousand Oaks, with a stellar MoneyGeek score of 92. This score reflects the company's commitment to offering quality insurance products that meet the needs of its diverse clientele.
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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 offers the best universal life insurance for both men and women in the city of Thousand Oaks, with a MoneyGeek score of 91 out of 100. This score indicates that Protective stands out in terms of affordability, customer satisfaction, the buying process, and financial stability.
Best universal life insurance for men:
Best for women's universal life insurance:
Universal life insurance is a flexible type of permanent life insurance that combines protection with savings. For example, someone might choose best universal life insurance over other types because it can offer a cash value that grows over time.
Protective stands out as the premier choice for universal life insurance in Thousand Oaks, catering to both men and women. With a MoneyGeek score of 91 for each gender, Protective offers a reliable and satisfying insurance experience. The company's strengths lie in its high customer satisfaction and financial stability, ensuring peace of mind for policyholders.
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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 stands out in Thousand Oaks as the best life insurance without a medical exam provider for men and women, with a MoneyGeek score of 91.
Best no-medical-exam life insurance for men:
Best life insurance for women that does not require a medical exam:
This life insurance allows individuals to obtain coverage more quickly and with less effort than traditional policies that require a medical exam.
Protective stands out for its commitment to customer satisfaction and affordable premiums for both men and women needing life insurance. This company simplifies the search for reliable life insurance without the need for a medical exam.
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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.
In Thousand Oaks, Protective stands out as the provider of the best term life insurance for seniors, boasting a MoneyGeek score of 91 for men and 90 for women. The monthly premium for men is $117, while for women the average premium is approximately $83.
Age is a primary factor in life insurance premiums, with costs typically increasing as policyholders age. This is due to the higher risk associated with insuring older individuals. Protective's high MoneyGeek score makes it the best term life insurance for seniors in this city.
| 1 | Protective | $117 | 91 |
| 2 | Mutual of Omaha | $131 | 91 |
| 3 | Nationwide | $111 | 90 |
| 4 | Allstate | $106 | 89 |
| 5 | Transamerica | $107 | 88 |
| 6 | AAA | $147 | 88 |
| 7 | Prudential | $113 | 87 |
| 8 | State Farm | $172 | 86 |
| 9 | Haven | $231 | 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 smokers in Thousand Oaks seeking term life insurance, Mutual of Omaha stands out with a MoneyGeek score of 90 for men and 89 for women, and average monthly premiums of $126 and $99 respectively.
Mutual of Omaha's top scores reflect a strong balance between affordability, customer satisfaction, financial stability and product diversity, making it a leading choice for those in search of the best term life insurance for smokers. The company's performance in these areas is particularly relevant in a market where smoking can significantly impact life insurance costs.
| 1 | Mutual of Omaha | $126 | 90 |
| 2 | Nationwide | $121 | 89 |
| 3 | AAA | $131 | 88 |
| 4 | Prudential | $99 | 88 |
| 5 | Transamerica | $117 | 87 |
| 6 | Protective | $205 | 87 |
| 7 | Haven | $125 | 86 |
| 8 | State Farm | $178 | 84 |
| 9 | Allstate | $174 | 84 |
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 Thousand Oaks, Protective stands out with a MoneyGeek score of 92. The average monthly premium is $15 for men and $11 for women.
Age plays a significant role in determining life insurance premiums. Younger adults generally pay lower premiums because they pose a lower risk to insurers. Protective's high MoneyGeek score is due to its strong customer satisfaction, financial stability and affordability.
| 1 | Protective | $15 | 92 |
| 2 | Mutual of Omaha | $18 | 91 |
| 3 | Nationwide | $18 | 90 |
| 4 | Allstate | $15 | 89 |
| 5 | Transamerica | $15 | 88 |
| 6 | AAA | $20 | 88 |
| 7 | Prudential | $22 | 85 |
| 8 | State Farm | $27 | 85 |
| 9 | Haven | $24 | 84 |
| 10 | Bestow | $32 | 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.
If you're searching for the best cheap term life insurance in Thousand Oaks, Protective stands out for both men and women with a MoneyGeek score of 92 and monthly premiums of $25 and $18, respectively.
The cost of life insurance premiums depends on various factors, including age, health rating, coverage amount, term length, and smoking status. To get the lowest premiums, maintain good health, choose appropriate coverage, avoid smoking and compare multiple quotes.
Protective has the highest MoneyGeek score due to its strong affordability, customer satisfaction, and financial stability. For anyone seeking the best cheap term life insurance in Thousand Oaks, Protective offers a balanced mix of cost-effectiveness and reliability, making it a top choice.
| 1 | Protective | $25 | 92 |
| 2 | Allstate | $25 | 91 |
| 3 | Nationwide | $28 | 91 |
| 4 | Transamerica | $25 | 91 |
| 5 | Mutual of Omaha | $30 | 89 |
| 6 | AAA | $33 | 87 |
| 7 | Prudential | $33 | 85 |
| 8 | State Farm | $43 | 82 |
| 9 | Haven | $42 | 82 |
The average monthly premium for term life insurance in Thousand Oaks is $30 for women and $46 for men. These figures highlight a noticeable difference in costs based on gender.
Several factors affect the cost of life insurance premiums. These include age, health, lifestyle, occupation, and the specifics of the policy chosen. Each of these elements can significantly influence the final premium amount.
The cost of life insurance in Thousand Oaks might be higher or lower compared to the rest of California due to various reasons. Local health statistics, the cost of living, and regional risk factors can all play a role. For instance, if Thousand Oaks has higher health care costs or a higher prevalence of certain health conditions, premiums may be higher. Conversely, a lower cost of living or fewer regional risks could result in lower premiums.
Understanding these factors can help consumers make informed decisions when purchasing life insurance. Being aware of why costs vary can also provide insights into how to potentially lower premiums.
Protective has the best life insurance in Thousand Oaks for men. It holds the highest MoneyGeek score, making it the top choice for male residents seeking reliable coverage.
The monthly premium cost for the best life insurance for men in Thousand Oaks is $49. This cost is based on the highest MoneyGeek score, ensuring quality coverage for male residents.
Protective also has the best life insurance in Thousand Oaks for women. It maintains the highest MoneyGeek score, making it a top choice for female residents seeking dependable coverage.
The monthly premium cost for the best life insurance for women in Thousand Oaks is $32. This cost reflects the highest MoneyGeek score, ensuring quality coverage for female residents.
Life insurance in Thousand Oaks is similar to the rest of California but may have specific differences. For instance, premium costs and coverage options can vary based on local demographics and economic factors. Residents should compare policies to find the best fit for their unique needs.
If a life insurance company goes bankrupt in Thousand Oaks, state guaranty associations typically protect policyholders. These associations cover claims up to certain limits, ensuring that policyholders do not lose their coverage entirely. It is essential to understand these protections when choosing a policy.
Thousand Oaks residents may need life insurance for several reasons. It provides financial security for loved ones, covers debts and final expenses and ensures peace of mind. Life insurance can also be part of a comprehensive financial plan, protecting against unforeseen circumstances.
To find a lost life insurance policy in Thousand Oaks, start by checking personal records and contacting the insurance company. You can also use state resources, such as the California Department of Insurance, to search for unclaimed policies. These steps help ensure that you locate any missing coverage.
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.
