Updated: November 21, 2024
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In Warren, Michigan, Protective is the best life insurance provider for women, with a MoneyGeek score of 92 and an average monthly premium of $19. For men, Mutual of Omaha ranks highest, with a MoneyGeek score of 91 and an average monthly premium of $28.
Different factors influence life insurance decisions, and these scores and premium costs are based on a 20-year term policy with $500,000 coverage. 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 Warren, Michigan.
Coverage costs and company information for life insurance providers were updated in October 2024.
BestLife InsuranceWarren, MIBest Life Insurance Companies in Warren
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.
Mutual of Omaha offers the best life insurance in Warren for men, with a MoneyGeek score of 91 and an average premium of $28 per month, while Protective is the top provider for women, with a MoneyGeek score of 92 at $19.
Top providers for men:
Top providers for women:
Mutual of Omaha and Protective stand out for their competitive monthly premiums and customer service.
In Warren, Michigan, Protective stands as the top choice for women seeking life insurance, with a MoneyGeek score of 92 and an average monthly premium of $19. For men, Mutual of Omaha leads with a score of 91 and an average monthly premium of $28. Both companies offer competitive rates and high customer satisfaction.
Mutual of Omaha
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Protective
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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.
In Warren, the best term life insurance for men is Mutual of Omaha, with a MoneyGeek score of 92 and an average premium of $12 per month. Protective shines for women with a score of 91 at $10 per month. These companies provide a balance of affordability, customer satisfaction and financial stability.
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance is a policy that covers a specified term and offers a death benefit if the insured passes away during the term. It's often chosen for its simplicity and lower cost than permanent life insurance. For example, a parent might opt for term life insurance to fund their child's education should anything happen to them.
Mutual of Omaha is the top provider of term life insurance for men in Warren, boasting a MoneyGeek score of 92. With a monthly premium of $12, it offers a balance of cost and quality.
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Protective is the leading choice for women seeking term life insurance in Warren, boasting a MoneyGeek score of 91. With an affordable monthly premium of around $10, it offers a balance of value and security.
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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 in Warren with a MoneyGeek score of 92 for both men and women, making it the best whole life insurance provider in the city. This high score is due to its strong combination of affordability, customer satisfaction and financial stability.
Top whole life companies in Warren:
Whole life insurance offers 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 they can borrow against in the future.
In Warren, Protective is the premier choice of whole life insurance for men and women. The company earned a MoneyGeek score of 92, reflecting its strong market position.
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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.
In Warren, Protective has the best universal life insurance for men and women, boasting a MoneyGeek score of 91. This score reflects Protective's strong customer satisfaction and financial stability.
Best universal life insurance companies:
Universal life insurance offers flexible premiums, a death benefit and the potential to build cash value over time. For instance, someone who wants to adjust their premiums and coverage as their financial situation changes might opt for universal life insurance over more rigid policies, providing security and flexibility.
Protective is the premier choice for universal life insurance in Warren, boasting a MoneyGeek score of 91. This reflects a commitment to excellence across key metrics valued by 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 is the best no-medical-exam life insurance provider in Warren, with a MoneyGeek score of 91 for both men and women. It's an excellent choice for residents seeking a reliable and customer-friendly insurance option without the hassle of a medical exam.
Best life insurance companies that do not require a medical exam:
Life insurance without a required medical exam allows individuals to obtain coverage quickly. This can be particularly beneficial for those who need immediate coverage or have health issues that could complicate a traditional application process. For instance, someone with a chronic condition might opt for no-medical-exam insurance to avoid being denied or facing higher premiums.
Protective leads as the best provider of life insurance without a required medical exam in Warren, Michigan. An impressive MoneyGeek score of 91 for men and women demonstrates a strong commitment to 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.
For men seeking the best term life insurance for seniors in Warren, Mutual of Omaha is the top choice, earning a MoneyGeek score of 92 and an average monthly premium of $49. Women will find Protective a good option, scoring 91 with a premium of $40.
Age is a factor in life insurance premiums; as individuals age, the risk to insurers increases, often leading to higher costs. Mutual of Omaha and Protective reflect their affordability, customer satisfaction, financial stability and product diversity.
| 1 | Mutual of Omaha | $49 | 92 |
| 2 | Protective | $57 | 91 |
| 3 | Nationwide | $47 | 91 |
| 4 | Transamerica | $59 | 87 |
| 5 | Prudential | $59 | 86 |
| 6 | AAA | $81 | 86 |
| 7 | Allstate | $87 | 85 |
| 8 | State Farm | $95 | 84 |
| 9 | Haven | $89 | 83 |
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 and women in Warren seeking the best term life insurance for smokers, Mutual of Omaha stands out with a MoneyGeek score of 91 and 89, respectively. Men can expect a monthly premium of about $27, while it's approximately $23 for women.
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 provides valuable coverage at competitive prices. This information is crucial for smokers who need a reliable policy that can accommodate their circumstances without compromising quality or cost.
| 1 | Mutual of Omaha | $27 | 91 |
| 2 | Nationwide | $32 | 89 |
| 3 | Transamerica | $24 | 88 |
| 4 | Protective | $40 | 88 |
| 5 | Prudential | $26 | 87 |
| 6 | State Farm | $35 | 86 |
| 7 | AAA | $49 | 85 |
| 8 | Allstate | $42 | 84 |
| 9 | Haven | $47 | 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.
The best term life insurance for young adults in Warren varies by gender. Mutual of Omaha is the top provider for men, with a MoneyGeek score of 92 and a monthly premium of around $8. For women, Protective leads with a MoneyGeek score of 92 and a monthly premium of about $6.
Age is crucial in determining life insurance premiums, with younger adults typically benefiting from lower rates. Choosing a reliable term life insurance is essential for securing financial protection at a reasonable cost.
| 1 | Mutual of Omaha | $8 | 92 |
| 2 | Protective | $8 | 92 |
| 3 | Nationwide | $8 | 90 |
| 4 | AAA | $12 | 88 |
| 5 | Transamerica | $9 | 88 |
| 6 | Haven | $10 | 86 |
| 7 | Allstate | $14 | 86 |
| 8 | Prudential | $12 | 85 |
| 9 | State Farm | $16 | 85 |
| 10 | Bestow | $20 | 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.
The best cheap term life insurance in Warren is Nationwide for men, with a MoneyGeek score of 92 and an average monthly premium of $13. For women, Protective leads with a score of 91 and a premium of $10.
Factors such as age, health, coverage amount and term length affect life insurance costs. To get the lowest premiums, maintain good health, choose a shorter term and opt for a lower coverage amount.
| 1 | Nationwide | $13 | 92 |
| 2 | Mutual of Omaha | $12 | 92 |
| 3 | Protective | $13 | 91 |
| 4 | Transamerica | $14 | 89 |
| 5 | AAA | $20 | 86 |
| 6 | Prudential | $18 | 86 |
| 7 | Haven | $17 | 85 |
| 8 | Allstate | $22 | 84 |
| 9 | State Farm | $25 | 82 |
The average cost of term life insurance premiums in Warren is $18 per month for women and $26 for men.
Many factors affect life insurance premiums, including age, health, lifestyle and the amount of coverage you choose. Insurers assess these factors to determine the risk for them by insuring you.
The cost of life insurance in Warren might differ from the rest of Michigan due to local health statistics, economic conditions, specific regional risk factors and other reasons. For example, premiums might be higher if a region has higher health care costs or a higher case of certain health conditions. Conversely, areas with lower living costs or better overall health statistics might see lower premiums.
Always consider your circumstances and the specific conditions of your area when evaluating your options.
Mutual of Omaha has the best life insurance in Warren for men, with a MoneyGeek score of 91.
The average monthly premium for the best life insurance for men in Warren from Mutual of Omaha is $28.
Protective has the best life insurance in Warren for women, with a MoneyGeek score of 92.
The average monthly premium for the best life insurance for women in Warren from Protective is $19.
Life insurance in Warren may differ from the rest of Michigan in terms of company rankings and monthly premiums. For example, Mutual of Omaha and Protective are top-rated in Warren, but that may not be the case statewide. Residents should compare local options to statewide offerings for the best fit.
If a life insurance company goes bankrupt in Warren, policyholders are usually protected by state guaranty associations. These associations cover claims up to a specific limit, ensuring that policyholders do not lose their coverage entirely.
Warren residents might need life insurance to provide financial security for their families in the event of their death. It can help cover funeral costs, pay off debts and ensure that loved ones are financially stable.
Residents can use the National Association of Insurance Commissioners' Life Insurance Policy Locator to find a lost life insurance policy in Warren. They can also contact the insurance company directly or review financial records and documents for clues.
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.
