Best Life Insurance in Cincinnati, OH (November 2024)

In Cincinnati, Ohio, Protective is the best life insurance provider for women, with a MoneyGeek score of 92 and an average monthly premium of $21. For men, Mutual of Omaha is the top provider, with a MoneyGeek score of 91 and an average monthly premium of $32. These scores and premium costs are based on a 20-year term policy with $500,000 coverage.

When deciding on life insurance, consider various factors such as age, health and financial stability. Your unique needs may mean a different company is best for you.

In Cincinnati, Mutual of Omaha offers the best life insurance for men, with a MoneyGeek score of 91 and an average monthly premium of $32. For women, Protective is the top provider, with a MoneyGeek score of 92 and an average monthly premium of $21.

Top providers for men:

• Mutual of Omaha: MoneyGeek score of 91 out of 100 at $32 per month for men
• Protective: MoneyGeek score of 91 out of 100 at $33 per month for men

Top providers for women:

• Protective: MoneyGeek score of 92 out of 100 at $21 per month for women
• Mutual of Omaha: MoneyGeek score of 90 out of 100 at $27 per month for women

Mutual of Omaha and Protective excel in providing comprehensive life insurance options tailored to the needs of Cincinnati residents. Their high MoneyGeek scores reflect strong affordability, customer satisfaction and financial stability, making them the best choices for the average individual looking to purchase life insurance in Cincinnati.

Mutual of Omaha offers the best term life insurance for men in Cincinnati, with a MoneyGeek score of 92 and an average monthly premium of $14. For women, Protective leads with a MoneyGeek score of 92 and an average monthly premium of $11. These companies balance cost, customer satisfaction and financial stability, making them ideal for individuals seeking reliable term life insurance coverage. The winning score for men before the score for women indicates a slight difference in premiums and scores between genders, which is common in the industry.

The top two term life insurance companies for men are:

• Mutual of Omaha: MoneyGeek score of 92 out of 100 at $14 per month for men
• Protective: MoneyGeek score of 91 out of 100 at $15 per month for men

For women, the top two are:

• Protective: MoneyGeek score of 92 out of 100 at $11 per month for women
• ** Mutual of Omaha:** MoneyGeek score of 91 out of 100 at $12 per month for women

Term life insurance provides a death benefit if the insured passes away within a specified term. It's a straightforward and often affordable option compared to whole life insurance. For instance, a young parent might choose term life insurance to ensure financial security for their children until they reach adulthood.

Protective is the leading provider of the best whole life insurance in Cincinnati, with a MoneyGeek score of 92 out of 100 for men and women. This score signifies a strong offering that combines affordability, customer satisfaction and financial stability, making it a top choice for individuals seeking reliable life insurance coverage.

Top whole life companies for men in Cincinnati:

• 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 Cincinnati:

• 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 provides a guaranteed death benefit, fixed premiums and a cash value component that grows over time. For instance, someone may opt for whole life insurance over term life insurance to ensure lifelong coverage and to build cash value as a financial asset.

In Cincinnati, Protective provides the best universal life insurance for men and women, with a MoneyGeek score of 91 for both. The company's high score suggests that it offers a balance of affordability, customer satisfaction and financial stability, making it a reliable choice for the average individual seeking life insurance coverage.

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 for women's universal life insurance:

• 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 is a flexible policy that combines life coverage with an investment savings element. For example, someone might choose universal life insurance over other types because it can adapt to their changing financial needs, allowing for adjustments to premiums and benefits over time.

For those seeking the best no-medical-exam life insurance in Cincinnati, Protective stands out with a MoneyGeek score of 91 for men and women. This score indicates a strong combination of affordability, customer satisfaction and financial stability, making Protective a solid choice for the average individual prioritizing a straightforward buying process and diverse product options.

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

Life insurance without a required medical exam provides coverage without the need for a physical examination. This can be particularly appealing for those who require immediate coverage or have health conditions that could complicate the underwriting process. For example, a busy professional in Cincinnati who does not have time for medical appointments might choose this insurance for its convenience and speed of approval.

In women in Cincinnati, Protective offers the best term life insurance for seniors, with a MoneyGeek score of 92 and an average monthly premium of $47. For men, Mutual of Omaha leads with the same MoneyGeek score of 92 but at an average monthly premium of $56.

Age is a determining factor in life insurance premiums, as risk increases with age, leading to higher costs. Protective's and Mutual of Omaha's high MoneyGeek scores reflect a strong balance in affordability, customer satisfaction, buying process, financial stability and product diversity, making them reliable choices for seniors seeking life insurance.

For Cincinnati residents looking for the best term life insurance for smokers, Mutual of Omaha stands out with a MoneyGeek score of 91 for men and 89 for women. The average monthly premiums are $30 for men and $27 for women.

Smoking status significantly impacts life insurance premiums due to the higher health risks associated with tobacco use. Insurers like Mutual of Omaha assess these risks when determining costs. Mutual of Omaha's high MoneyGeek scores reflect its commitment to customer satisfaction, a smooth buying process and financial stability. They are a testament to the company's ability to provide valuable coverage to smokers, who often face higher premiums due to their increased risk profile.

For the best term life insurance for young adults in Cincinnati, Mutual of Omaha scores highest for men, with a MoneyGeek score of 92 and an average monthly premium of $8. For women, Protective leads with a MoneyGeek score of 92 and an average monthly premium of $7. Mutual of Omaha's and Protective's high MoneyGeek scores reflect strong affordability, customer satisfaction and financial stability.

Age plays a significant role in determining life insurance premiums. Younger individuals generally pay lower premiums due to their lower risk of health issues. Choosing the right provider is crucial for young adults seeking the best term life insurance in Cincinnati.

For the best cheap term life insurance in Cincinnati, Mutual of Omaha is the top provider for men, with a MoneyGeek score of 92 and an average monthly premium of $14. For women, Protective leads with a MoneyGeek score of 92 and an average monthly premium of $11. These companies excel in affordability, customer satisfaction and financial stability.

Various factors impact the cost of life insurance premiums, including age, health, coverage amount and term length. To get the lowest premiums, maintain excellent health and choose a longer term.

The average monthly premium for term life insurance in Cincinnati, Ohio, is $22 for women and $29 for men.

Many factors affect the cost of life insurance premiums, including age, health, lifestyle, occupation, the amount of coverage and the policy term. For example, younger and healthier individuals typically pay lower premiums. Occupations with higher risks may lead to higher premiums.

The cost of life insurance in Cincinnati might differ from the rest of Ohio for several reasons. Local health statistics can influence premiums, as areas with higher rates of certain illnesses may see higher costs. The cost of living in Cincinnati can also play a role, as higher living expenses might lead to higher insurance costs. Additionally, crime rates and economic conditions in the region can impact the overall cost of life insurance.

Understanding these factors can help consumers make informed decisions about their life insurance needs.