Updated: December 26, 2024
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In Des Moines, Iowa, the best life insurance company for women is Protective with a MoneyGeek score of 92 and a monthly premium of $31. For men, the top provider is Mutual of Omaha with a MoneyGeek score of 91 and a monthly premium of $44.
When choosing life insurance, consider various factors such as your health, age, and financial stability. 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 Des Moines, Iowa.
Coverage costs and company information for life insurance providers were updated in October 2024.
BestLife InsuranceDes Moines, IABest Life Insurance Companies in Des Moines
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.
The best life insurance provider in Des Moines for men is Mutual of Omaha, with a MoneyGeek score of 91 and an average monthly premium of $44. For women, the top provider is Protective, with a MoneyGeek score of 92 and a monthly premium of $31.
Top providers for men:
Top providers for women:
Mutual of Omaha and Protective are top choices for life insurance in Des Moines. They offer high MoneyGeek scores, indicating strong performance in affordability, customer satisfaction, and financial stability. This makes them reliable options for the average individual seeking life insurance.
In Des Moines, Mutual of Omaha stands out as the top choice for men, with a MoneyGeek score of 91 and a monthly premium of $44. For women, Protective takes the lead with a score of 92 and a monthly premium of $31. These companies offer competitive rates and benefits tailored to each gender's needs.
Mutual of Omaha
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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 Des Moines, Mutual of Omaha and Protective emerge as the leaders in term life insurance for men and women respectively. Mutual of Omaha boasts a MoneyGeek score of 91 at $22 per month for men, while Protective leads for women with a score of 92 at $17 per month. The best term life insurance options cater to those who prioritize both cost and quality in their policy choices.
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 specified period. It's a practical choice for those who need financial protection for their loved ones during critical years, such as while paying off a mortgage or raising children.
Mutual of Omaha stands out in Des Moines as the leading provider of term life insurance for men, boasting a MoneyGeek score of 91 and a nominal monthly premium of $22. This company offers a blend of reliability and affordability that makes it the top choice for those seeking coverage.
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For women in Des Moines seeking reliable term life insurance, Protective emerges as the top choice. With an impressive MoneyGeek score of 92. The company stands out for its commitment to satisfying its policyholders and maintaining financial solidity.
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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 is the top provider of the best whole life insurance in Des Moines, boasting a MoneyGeek score of 92 for both men and women. This score suggests that Protective offers a blend of affordability, customer satisfaction, and financial stability that is well-suited for the average individual seeking a reliable insurance policy.
Top whole life companies for men in Des Moines:
Top whole life companies for women in Des Moines:
Whole life insurance is a permanent policy that provides a death benefit and accumulates cash value over time. Someone might choose best whole life insurance over term life insurance for its lifelong coverage and potential to grow cash value, which can be a financial asset during their lifetime.
In Des Moines, Protective stands out as the premier provider of whole life insurance for both men and women, boasting MoneyGeek scores of 92 across the board. This reflects a strong balance of affordability, customer satisfaction, and financial stability. Consumers can trust in Protective's consistent performance in these key areas when considering their life insurance needs.
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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 earns the title of the best universal life insurance provider in Des Moines for both men and women, boasting a MoneyGeek score of 91. Choosing Protective means selecting a company that excels in affordability, customer satisfaction, buying process, and financial stability. This makes Protective an ideal choice for the average individual seeking a reliable universal life insurance policy.
Best universal life insurance for men:
Best universal life insurance for women:
Universal life insurance offers flexibility in premiums and death benefits, which can be appealing to those who desire a more adaptable approach to their long-term financial planning. For example, a young professional might choose universal life insurance over term life insurance to benefit from the potential cash value growth that can be used towards future needs or retirement planning.
Protective emerges as the best universal life insurance provider in Des Moines, offering exceptional value to both men and women. With MoneyGeek scores of 91 for both genders, Protective stands out for its high customer satisfaction and strong financial stability.
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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 life insurance without a medical exam provider in Des Moines for both men and women, boasting a MoneyGeek score of 91. This score indicates a robust offering that combines affordability, customer satisfaction and financial stability, making it an excellent choice for the average individual in the market for this type of insurance policy. The top MoneyGeek scores for no medical exam life insurance are:
Best no-medical-exam life insurance for men:
Best life insurance for women that does not require a medical exam:
This type of life insurance is a policy that does not require a medical examination for approval, offering a quicker and more convenient option for coverage. For instance, someone with a busy schedule or a dislike of medical appointments might choose this insurance to ensure they are covered without the hassle of a traditional health assessment.
In Des Moines, Protective stands out as the premier choice for no-medical-exam life insurance, catering to both men and women. With a MoneyGeek score of 91 for both genders, Protective's commitment to affordability and customer satisfaction sets it apart in the market.
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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 those seeking the best term life insurance for seniors in Des Moines, Mutual of Omaha stands out for men with a MoneyGeek score of 91 and a monthly premium of $89. For women, Protective leads with the same score and a premium of $73. Age significantly affects life insurance premiums, with costs typically increasing as one gets older.
The high MoneyGeek scores for these companies reflect their strong performance across affordability, customer satisfaction, financial stability and product diversity.
| 1 | Mutual of Omaha | $89 | 91 |
| 2 | Protective | $96 | 91 |
| 3 | Nationwide | $77 | 91 |
| 4 | Allstate | $84 | 88 |
| 5 | Prudential | $86 | 87 |
| 6 | Transamerica | $99 | 87 |
| 7 | AAA | $149 | 85 |
| 8 | State Farm | $134 | 85 |
| 9 | Haven | $171 | 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 Des Moines, Mutual of Omaha stands out for men seeking the best term life insurance for smokers, with a MoneyGeek score of 90 and an average monthly premium of $49. Women who smoke could also benefit from Mutual of Omaha which earns a score of 88 and a monthly cost of approximately $51.
Smoking significantly affects life insurance premiums due to the health risks it poses, often leading to higher rates for smokers than nonsmokers.
| 1 | Mutual of Omaha | $49 | 90 |
| 2 | Nationwide | $49 | 89 |
| 3 | Protective | $69 | 88 |
| 4 | Transamerica | $43 | 88 |
| 5 | Prudential | $39 | 88 |
| 6 | State Farm | $64 | 86 |
| 7 | AAA | $82 | 85 |
| 8 | Allstate | $66 | 85 |
| 9 | Haven | $85 | 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 those seeking the best term life insurance for young adults in Des Moines, Protective stands out with a MoneyGeek score of 92. The monthly premium is $10 for women and $14 for men.
Age plays a significant role in determining life insurance premiums. Younger adults typically benefit from lower costs due to their lower risk profiles. Protective's high MoneyGeek score is attributed to its strong performance in affordability, customer satisfaction, and financial stability. This makes it an excellent choice for young adults in Des Moines who are looking for reliable and cost-effective term life insurance.
| 1 | Protective | $14 | 92 |
| 2 | Mutual of Omaha | $13 | 91 |
| 3 | Nationwide | $13 | 91 |
| 4 | Allstate | $13 | 88 |
| 5 | Transamerica | $15 | 87 |
| 6 | AAA | $21 | 86 |
| 7 | Prudential | $17 | 85 |
| 8 | Haven | $18 | 84 |
| 9 | State Farm | $22 | 84 |
| 10 | Bestow | $25 | 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 Des Moines, Nationwide tops the list for men with a MoneyGeek score of 93 and an average monthly premium of $20. For women, Protective is the leading provider, with a MoneyGeek score of 92 and a monthly premium of $17. 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 | $20 | 93 |
| 2 | Mutual of Omaha | $22 | 91 |
| 3 | Protective | $22 | 91 |
| 4 | Allstate | $21 | 90 |
| 5 | Transamerica | $24 | 88 |
| 6 | Prudential | $26 | 86 |
| 7 | AAA | $35 | 84 |
| 8 | State Farm | $35 | 82 |
| 9 | Haven | $31 | 81 |
The average monthly premium for term life insurance in Des Moines is $30 for women and $38 for men.
Several factors affect the cost of life insurance premiums. These include age, health, lifestyle, occupation, the amount of coverage, and the length of the term.
In Des Moines, the cost of life insurance might be higher or lower compared to the rest of Iowa due to various local factors. These can include local health statistics, economic conditions, crime rates, and lifestyle factors. For example, if Des Moines has higher healthcare costs or a higher crime rate, premiums might be higher to account for the increased risk. Conversely, if the area has a lower cost of living or healthier population, premiums might be lower.
Understanding these factors can help you make informed decisions when choosing a life insurance policy. Always consider your personal circumstances and compare options to find the best coverage for your needs.
Mutual of Omaha offers the best life insurance for men in Des Moines. This conclusion is based on the highest MoneyGeek score of 91, which reflects the company's overall performance in affordability, customer satisfaction, and financial stability.
The monthly premium cost for the best life insurance for men in Des Moines is $44. This cost is associated with Mutual of Omaha, the company with the highest MoneyGeek score for men in the city.
Protective offers the best life insurance for women in Des Moines. This conclusion is based on the highest MoneyGeek score of 92, which reflects the company's overall performance in affordability, customer satisfaction, and financial stability.
The monthly premium cost for the best life insurance for women in Des Moines is $31. This cost is associated with Protective, the company with the highest MoneyGeek score for women in the city.
Life insurance in Des Moines may offer unique features compared to the rest of Iowa. For instance, companies like Mutual of Omaha and Protective have high MoneyGeek scores in Des Moines, reflecting their strong performance. These scores may vary in other cities, indicating differences in customer satisfaction, affordability, and financial stability.
If a life insurance company goes bankrupt in Des Moines, state guaranty associations step in to protect policyholders. These associations provide coverage up to certain limits, ensuring that policyholders continue to receive benefits. It's important to review the specific coverage limits and procedures in Iowa to understand the protection available.
Des Moines residents might need life insurance to provide financial security for their families. Life insurance can cover expenses such as mortgage payments, education costs, and daily living expenses. It also helps in managing debts and ensuring that loved ones are not burdened financially in case of an untimely death.
To find a lost life insurance policy in Des Moines, start by checking personal records and contacting the insurance company directly. You can also reach out to the Iowa Insurance Division for assistance. Additionally, national databases and online search tools can help locate unclaimed life insurance 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.
