Best Life Insurance in Indiana (December 2024)


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Updated: December 24, 2024

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The best life insurance company for men in Indiana is Nationwide, with MoneyGeek score of 97 and a monthly premium of $28. For women, it is also the best insurer with MoneyGeek score of 96 and a cost of $26 per month.

When choosing life insurance, various factors are key to finding the best fit.

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 Indiana.

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Coverage costs and company information for life insurance providers were updated in December 2024.

1,488Quotes Analyzed
 
14Companies Compared
 
50ZIP Codes

Best Life Insurance in Indiana: Summary

Data filtered by:Results filtered by:
Select
Category:Best Life Insurance Overall
Select
Gender:M
Nationwide197
GEICO297
Mutual of Omaha396
Protective493
State Farm593
Prudential692
Transamerica792
Haven891
Allstate990
AAA1089

Overall Best Life Insurance in Indiana

How was this MoneyGeek score calculated?

Nationwide stands as the premier life insurance provider in Indiana for both men and women, garnering MoneyGeek scores of 97 and 96, respectively, and offering monthly premiums of $28 for men and $26 for women.

Top life insurance options for Indiana residents based on MoneyGeek scores include:

  • Nationwide: MoneyGeek score of 97 out of 100 ($28 per month for men and $26 for women)
  • GEICO: MoneyGeek score of 97 out of 100 ($23 per month for men and $22 for women)
  • Mutual of Omaha: MoneyGeek score of 96 out of 100 ($27 per month for men and $24 for women)

These companies offer the best mix of life insurance coverage options, affordability and customer satisfaction.

Overall Best for Men: Nationwide

COMPANY HIGHLIGHTS

Nationwide stands out as the premier company for the best life insurance in Indiana for men. With an impressive overall MoneyGeek score of 97 and a reasonable monthly premium cost of $28, it offers a blend of value and quality coverage.

Pros:

  • High satisfaction from customers
  • Competitive premium rates
  • A variety of life insurance products

Overall Best for Women: Nationwide

COMPANY HIGHLIGHTS

Nationwide stands out as the top choice for women seeking the best life insurance in Indiana, with an exceptional MoneyGeek score of 96 and an affordable monthly premium of $26.

Pros:

  • High customer satisfaction
  • Broad range of insurance products
  • Smooth buying experience

Cons:

  • Price could be more competitive

Best Term Life Insurance in Indiana

How was this MoneyGeek score calculated?

Nationwide offers the best term life insurance in Indiana for both men and women, achieving a remarkable MoneyGeek score of 97 for men and women. The monthly premium for its term life insurance is approximately $20 for both genders.

When searching for the best term life insurance for your specific needs, consider the top providers based on their MoneyGeek scores and monthly premiums:

  • Nationwide: MoneyGeek score of 97 out of 100 ($20 per month for men and women)
  • GEICO: MoneyGeek score of 97 out of 100 ($17 per month for men and women)
  • Mutual of Omaha: MoneyGeek score of 96 out of 100 ($22 per month for men and $21 for women)

Make sure to examine all options thoroughly to ensure that you find a policy that aligns with your financial goals and provides the security you need.

Best Term Life: Nationwide

COMPANY HIGHLIGHTS

Nationwide emerges as the premier choice for the best term life insurance in Indiana, catering to both men and women with an outstanding overall MoneyGeek score of 98 and a competitive monthly premium of $20. This blend of excellent customer satisfaction and affordability solidifies its top position.

Pros:

  • High customer satisfaction
  • Affordability without compromising quality
  • Offers a diverse selection of products

Best Whole Life Insurance in Indiana

How was this MoneyGeek score calculated?

State Farm stands out as the provider with the best whole life insurance in Indiana for both men and women, garnering a remarkable MoneyGeek score of 99.

When searching for the best whole life insurance options, these three companies hold the top MoneyGeek scores:

  • State Farm: MoneyGeek score of 99 out of 100
  • Nationwide: MoneyGeek score of 98 out of 100
  • Mutual of Omaha: MoneyGeek score of 96 out of 100

Best Whole Life: State Farm

COMPANY HIGHLIGHTS

With an outstanding MoneyGeek score of 99, State Farm stands out as the premier provider of whole life insurance in Indiana for both men and women.

Pros:

  • High level of customer satisfaction
  • Diverse product offerings available
  • Strong financial stability

Best Universal Life Insurance in Indiana

How was this MoneyGeek score calculated?

Nationwide holds the title for the best universal life insurance in Indiana for both men and women, with a MoneyGeek score of 99 out of 100.

When considering your financial future and seeking the best universal life insurance, it's essential to know who scores the highest in the market. Here are the top three highest MoneyGeek scores:

  • Nationwide: MoneyGeek score of 99 out of 100
  • State Farm: MoneyGeek score of 98 out of 100
  • Mutual of Omaha: MoneyGeek score of 97 out of 100

Best Universal Life: Nationwide

COMPANY HIGHLIGHTS

Nationwide stands out as the top choice for the best universal life insurance in Indiana, catering to both men and women. It received a remarkable MoneyGeek score of 99 for its service and coverage options.

Pros:

  • High level of customer satisfaction
  • Competitive pricing structure
  • Broad range of product options

Best No-Medical-Exam Life Insurance in Indiana

How was this MoneyGeek score calculated?

Nationwide stands out as the top provider of best no-medical-exam life insurance in Indiana for both men and women, with a MoneyGeek score of 99 out of 100.

  • Nationwide: MoneyGeek score of 99 out of 100
  • State Farm: MoneyGeek score of 99 out of 100
  • Mutual of Omaha: MoneyGeek score of 97 out of 100

Best for No-Medical-Exam: Nationwide

COMPANY HIGHLIGHTS

Nationwide emerges as the top-ranking provider of no-medical-exam life insurance in Indiana for both men and women, garnering an impressive MoneyGeek score of 99.

Pros:

  • High customer satisfaction rates
  • Competitive pricing for policies
  • Diverse range of insurance products

How Much Life Insurance Do You Need?

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Best Term Life Insurance for Seniors in Indiana

How was this MoneyGeek score calculated?

Nationwide offers the best term life insurance for seniors in Indiana, securing the top position for both men and women with its high MoneyGeek score of 98 for men and women. The monthly premium costs for its term life insurance are approximately $74 for men and $72 for women.

Best Term Life Insurance for Seniors in Indiana
Data filtered by:Results filtered by:
Select
Sex:M
Nationwide1$7498
GEICO2$6897
Mutual of Omaha3$8896
State Farm4$14794
Prudential5$8694
Protective6$9593
Transamerica7$9892
Allstate8$10791
AAA9$14189
Haven10$16489

Best Term Life Insurance for Smokers in Indiana

How was this MoneyGeek score calculated?

Nationwide and Prudential are the top providers of the best term life insurance for smokers. Nationwide received a MoneyGeek score of 97 for men and a monthly premium of $48. Prudential achieved a MoneyGeek score of 95 for women and has a monthly premium of $29.

The biggest contributors to their standout MoneyGeek scores are high satisfaction and stability scores.

Best Term Life Insurance for Smokers in Indiana
Data filtered by:Results filtered by:
Select
Sex:M
Nationwide1$4897
GEICO2$3997
Mutual of Omaha3$4896
Prudential4$3995
State Farm5$6095
Allstate6$4294
Transamerica7$4393
Protective8$6990
AAA9$8090
Haven10$8389

Best Term Life Insurance for Young Adults in Indiana

How was this MoneyGeek score calculated?

Nationwide stands out as the best term life insurance for young adults in Indiana, earning the highest MoneyGeek score for both men and women. For men, Nationwide has a MoneyGeek score of 97, with a monthly premium of $13. Meanwhile, for women, the company has a MoneyGeek score of 96 and a monthly premium of $17.

Nationwide's top rankings can be attributed to its perfect scores in customer satisfaction and process.

Best Term Life Insurance for Young Adults in Indiana
Data filtered by:Results filtered by:
Select
Sex:M
Nationwide1$1397
GEICO2$1197
Mutual of Omaha3$1496
Protective4$1494
State Farm5$2593
Transamerica6$1592
Prudential7$1792
Haven8$1891
AAA9$2190
Bestow10$2589
Allstate11$2288

Best Cheap Term Life Insurance in Indiana

How was this MoneyGeek score calculated?

Transamerica and Nationwide emerge as the leading providers of the best cheap term life insurance in Indiana for women and men, respectively. Transamerica leads with a MoneyGeek score of 97 for women and a monthly premium of $16, while Nationwide tops the chart for men with a MoneyGeek score of 97 and a monthly premium cost of $20.

Best Cheap Term Life Insurance in Indiana
Data filtered by:Results filtered by:
Select
Gender:M
Nationwide$2097
GEICO$1797
Mutual of Omaha$2295
Protective$2293
Transamerica$2493
Prudential$2691
State Farm$3989
Allstate$3388
Haven$3187
AAA$3487

Average Cost of Term Life Insurance in Indiana

The average cost of monthly premiums for life insurance in Indiana is $48 for women and $66 for men. Several factors affect the average cost of life insurance, such as age, health, lifestyle and the amount of coverage one chooses. Moreover, the type of policy and term length also influence the premiums.

FAQ: Life Insurance in Indiana

What is the best life insurance in Indiana for men?

How much is life insurance in Indiana for men?

What is the best life insurance in Indiana for women?

How much is life insurance in Indiana for women?

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.

Mark 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 economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.


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