Updated: November 21, 2024
Advertising & Editorial Disclosure
The best life insurance in Westminster, Colorado, for men and women is Protective. With a MoneyGeek score of 92, Protective offers a monthly premium of $28 for women and $30 for men. These scores and premium costs are based on a 20-year term policy with $500,000 coverage.
Different factors, such as age, health, and coverage needs, should be considered when deciding on 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 Westminster, Colorado.
Coverage costs and company information for life insurance providers were updated in August 2024.
BestLife InsuranceWestminster, COBest Life Insurance Companies in Westminster
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 Westminster for men and women, with a MoneyGeek score of 92 out of 100 and a monthly premium of $30 for men and $28 for women.
The top providers for men are:
The top providers for women are:
Protective stands out for its high MoneyGeek scores, making it a reliable choice for life insurance in Westminster. The company's affordability and customer satisfaction ratings ensure that the average individual receives excellent value and service.
Protective stands out as the best life insurance provider in Westminster for men and women, with a MoneyGeek score of 92. The company offers a monthly premium of $28 for women and $30 for men, showcasing its commitment to affordable and high-quality coverage options. Customers can rely on Protective's robust offerings and solid reputation for financial stability when selecting their life insurance plan.
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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.
For those in Westminster looking for the best term life insurance, Protective stands out for men and women, with a MoneyGeek score of 68 and a monthly premium of $15.
The top providers for men are:
The top providers for women are:
Term life insurance provides financial protection for a specified period, offering a death benefit to beneficiaries if the policyholder passes away within the term. For instance, a parent might choose term life insurance to ensure their child's education expenses are covered in the event of their untimely death.
By selecting a term that matches the time frame of their financial obligations, individuals can tailor their life insurance to their specific needs without the higher costs associated with permanent life insurance.
For people in Westminster looking for reliable term life insurance, Protective stands out with a MoneyGeek score of 92 for women and men. With a monthly premium of $15 for both, it offers a balance of cost-efficiency 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 those seeking the best whole life insurance in Westminster, Protective emerges as the leading provider for men and women, with a MoneyGeek score of 92 out of 100. Protective's high rating suggests it offers a strong combination of affordability, customer satisfaction, and financial stability.
The top providers for men are:
The top providers for women are:
Whole life insurance provides lifelong coverage and includes an investment component known as cash value, which grows over time. This type of insurance is ideal for those who seek a death benefit and a savings vehicle, ensuring financial security for loved ones while also contributing to one's financial portfolio.
Protective stands out as the premier choice for whole life insurance in Westminster, with a MoneyGeek score of 92 for both men and women. The company's exceptional performance across multiple categories ensures a balanced offering for policyholders.
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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.
When searching for the best universal life insurance in Westminster, Protective stands out with a MoneyGeek score of 91 for both men and women. This indicates that Protective offers a reliable option for those interested in securing their financial future with a universal life policy. The company's high score suggests a blend of affordability, customer satisfaction, and financial stability.
The top providers for men are:
The top providers for women are:
Universal life insurance offers flexibility in premiums and death benefits. For instance, someone who wants the potential to build cash value over time, which they can borrow against, might opt for universal life insurance over term life policies.
Protective stands out as the premier choice for universal life insurance in Westminster, catering to men and women. With a MoneyGeek score of 91 for both, Protective ensures comprehensive coverage and satisfaction.
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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 as the provider of the best life insurance with no mandatory medical exam in Westminster, with a MoneyGeek score of 63 for men and women. This score suggests that Protective offers a reliable and satisfactory product.
The top providers for men are:
The top providers for women are:
No-medical-exam life insurance offers the convenience of obtaining coverage without the need for a medical check-up. For example, someone with a busy schedule or a fear of medical procedures might choose this insurance over traditional policies for its simplicity and speed.
Protective stands out as the premier choice for no-medical-exam life insurance in Westminster, earning the highest MoneyGeek score of 91 for men and women. This distinction underscores the company's commitment to providing reliable and affordable coverage options to all customers.
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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 is the top provider of the best term life insurance for seniors in Westminster, with a MoneyGeek score of 92 for men and 91 for women, and a monthly premium of $66 for both.
Age is a pivotal factor in determining life insurance premiums; as individuals age, the likelihood of health issues increases, which in turn raises the cost of insurance. Protective's superior MoneyGeek score signifies its commitment to customer satisfaction, a straightforward buying process and financial stability.
| 1 | Protective | $66 | 92 |
| 2 | Mutual of Omaha | $75 | 91 |
| 3 | Nationwide | $67 | 90 |
| 4 | AAA | $86 | 88 |
| 5 | Allstate | $74 | 88 |
| 6 | Prudential | $65 | 88 |
| 7 | Transamerica | $82 | 87 |
| 8 | State Farm | $117 | 85 |
| 9 | Haven | $129 | 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.
In Westminster, Mutual of Omaha stands out for men seeking the best term life insurance for smokers, with a MoneyGeek score of 91 and an average monthly premium of $40. Women who smoke could fare best with Allstate, earning a score of 89 and a monthly cost of approximately $30.
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 | $73 | 90 |
| 2 | Nationwide | $76 | 89 |
| 3 | AAA | $79 | 88 |
| 4 | Protective | $100 | 88 |
| 5 | Prudential | $57 | 88 |
| 6 | Transamerica | $72 | 87 |
| 7 | State Farm | $96 | 85 |
| 8 | Allstate | $120 | 84 |
| 9 | Haven | $119 | 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 Westminster, Protective stands out with a MoneyGeek Score of 92 and a monthly premium of $9.
Age significantly impacts life insurance premiums, with younger adults generally enjoying lower rates. Protective's high score reflects its strong affordability, excellent customer satisfaction, and solid financial stability.
| 1 | Protective | $9 | 92 |
| 2 | Mutual of Omaha | $11 | 91 |
| 3 | Nationwide | $11 | 89 |
| 4 | AAA | $12 | 88 |
| 5 | Allstate | $11 | 87 |
| 6 | Transamerica | $12 | 86 |
| 7 | Prudential | $13 | 85 |
| 8 | Haven | $14 | 84 |
| 9 | State Farm | $19 | 84 |
| 10 | Bestow | $19 | 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 those seeking the best cheap term life insurance in Westminster, Protective stands out with a MoneyGeek Score of 92 and a monthly premium of $15 for men and women.
Factors influencing life insurance premiums include age, health rating, coverage amount, and term length. To secure the lowest premiums, maintain good health, select an appropriate coverage amount, and compare different providers. Protective's high MoneyGeek score reflects its strong affordability, customer satisfaction, and financial stability, making it an excellent choice for consumers.
| 1 | Protective | $15 | 92 |
| 2 | Nationwide | $18 | 91 |
| 3 | Mutual of Omaha | $18 | 90 |
| 4 | Allstate | $18 | 89 |
| 5 | AAA | $20 | 88 |
| 6 | Transamerica | $19 | 88 |
| 7 | Prudential | $19 | 87 |
| 8 | Haven | $24 | 83 |
| 9 | State Farm | $30 | 82 |
The average monthly premium for term life insurance in Westminster is $26 for women and $29 for men. Various factors affect the cost of life insurance premiums. These include the insured person's age, health, lifestyle, occupation and the amount of coverage they choose. Insurers assess these factors to determine the level of risk and set premium rates accordingly.
In Westminster, the cost of life insurance might be influenced by local health statistics, economic conditions, and specific risk factors prevalent in the area. For example, if Westminster has higher average health risks or economic instability, premiums might be higher compared to other parts of Colorado. Conversely, lower local risk factors could lead to more affordable premiums.
Protective offers the best life insurance in Westminster for men. The company has 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 Westminster is $30. Protective provides this rate, which is competitive and affordable for excellent coverage.
Protective is the best life insurance company for women in Westminster. It has the highest MoneyGeek score, indicating superior service and coverage options for women policyholders.
The monthly premium cost for the best life insurance for women in Westminster is $28. Protective offers this rate, ensuring affordable and comprehensive coverage for women.
Life insurance in Westminster is comparable to the rest of Colorado. Rates and coverage options are similar, with companies like Protective offering competitive premiums and high MoneyGeek scores. Consumers can expect consistent service and reliability across the state.
If a life insurance company goes bankrupt in Westminster, state guaranty associations may step in to protect policyholders. These associations provide a safety net, ensuring that claims are paid and coverage continues under certain limits.
Westminster residents need life insurance for financial security and peace of mind. It helps cover expenses like mortgages, education, and daily living costs in the event of the policyholder's death. Life insurance also provides support for dependents and ensures long-term financial stability.
To find a lost life insurance policy in Westminster, start by checking with the insurance company. Contact the state insurance department for assistance. Online tools and databases can also help locate unclaimed policies and benefits.
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.
