Updated: November 27, 2024
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Mutual of Omaha is the best life insurance provider in Yonkers, New York. The MoneyGeek score for men is 89, with an average monthly premium of $27. For women, the score is 91, with a monthly premium of $22. These figures are based on a 20-year term policy with $500,000 coverage.
When deciding on life insurance, consider the coverage amount, term length and your health. 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 Yonkers, New York.
Coverage costs and company information for life insurance providers were updated in October 2024.
BestLife InsuranceYonkers, NYBest Life Insurance Companies in Yonkers
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 Yonkers, with MoneyGeek scores of 89 for men and 91 for women. The average monthly premiums are $27 for males and $22 for females.
Top providers for men:
Top providers for women:
Mutual of Omaha's balanced combination of affordability, customer satisfaction and financial stability make it a reliable choice for life insurance.
Mutual of Omaha is Yonkers' best life insurance provider, earning MoneyGeek scores of 89 for men at $27 monthly and 91 for women at $22 monthly. It leads in terms of overall value and satisfaction.
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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.
Mutual of Omaha has the best term life insurance in Yonkers, with MoneyGeek scores of 90 for men and 91 for women. The average monthly premiums are $12 for males and $10 for females. Its high customer satisfaction, financial stability and product diversity make it a solid choice for reliable coverage.
Top term life insurance companies for men:
Top term life insurance companies for women:
Term life insurance provides coverage for a specific term, like 10, 20 or 30 years. It can be a practical choice for someone looking to cover specific financial responsibilities, like a mortgage or education costs, with a definitive end date.
Mutual of Omaha is Yonkers' top choice for term life insurance, earning MoneyGeek scores of 90 for men and 91 for women. With low monthly premiums of $12 for males and $10 for females, it ensures affordability and peace of mind.
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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.
Mutual of Omaha is the best whole life insurance provider in Yonkers, with a MoneyGeek score of 91 for men and women. It offers a comprehensive package that balances affordability, customer satisfaction, buying process and financial stability.
Whole life insurance offers a fixed premium and a death benefit that lasts for the policyholder's lifetime. It also accumulates cash value, which can be borrowed against for needs like education expenses or retirement income.
Mutual of Omaha is Yonkers' leading whole life insurance company, with a MoneyGeek score of 91 for men and women. This score reflects the company's excellence in customer satisfaction and financial stability.
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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.
Mutual of Omaha has Yonkers' best universal life insurance, with a MoneyGeek score of 90 for men and women. The company's high score reflects its superior performance across multiple categories, including affordability and customer satisfaction.
Universal life insurance is a flexible policy that combines life coverage with an investment component. Someone who wants to adjust their premiums and death benefits over time may find it more appealing than other types of policies.
In Yonkers, Mutual of Omaha is the leading universal life insurance provider, with a MoneyGeek score of 90 for men and women. It performs strongly across multiple categories, ensuring customers receive quality service and financial security.
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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.
Mutual of Omaha offers the best life insurance in Yonkers without a medical exam requirement. Its MoneyGeek score of 90 for men and women reflects a strong balance of customer satisfaction and financial stability.
Life insurance with no mandatory medical exam provides a faster, simpler way to get coverage for those with health concerns that complicate traditional options. For instance, someone with a chronic illness might choose this type of insurance to avoid higher rates or the risk of denial.
Mutual of Omaha is the top choice for life insurance without the hassle of a medical examination in Yonkers. Its MoneyGeek score of 90 for men and women reflects its good balance of 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.
Mutual of Omaha offers the best term life insurance for seniors in Yonkers, with a MoneyGeek score of 90 and average monthly premiums of $51 for men and $45 for women.
Premiums generally rise as people reach their senior years because of increased health risks. Mutual of Omaha stands out with its streamlined buying process, high customer satisfaction and financial stability, making it a reliable option for seniors.
| 1 | Mutual of Omaha | $51 | 90 |
| 2 | Allstate | $41 | 88 |
| 3 | Prudential | $34 | 88 |
| 4 | Nationwide | $78 | 86 |
| 5 | Haven | $58 | 85 |
| 6 | State Farm | $94 | 84 |
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.
Mutual of Omaha provides the best term life insurance for smokers in Yonkers, with a MoneyGeek score of 90 and average monthly premiums of $49 for men and $43 for women.
Smoking increases premiums due to its health risks. Insurers charge smokers more to offset these risks. Mutual of Omaha’s high score reflects a strong balance of customer satisfaction, financial stability and product diversity.
| 1 | Mutual of Omaha | $49 | 90 |
| 2 | Haven | $35 | 87 |
| 3 | Prudential | $46 | 86 |
| 4 | Nationwide | $86 | 86 |
| 5 | State Farm | $76 | 85 |
| 6 | Allstate | $76 | 85 |
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.
Mutual of Omaha offers the best term life insurance for young adults in Yonkers, with a MoneyGeek score of 90 and average monthly premiums of $7 for men and $6 for women.
Age significantly affects premiums because younger adults typically have lower health risks. Mutual of Omaha's high MoneyGeek score reflects its balance of affordability, customer satisfaction and financial stability.
| 1 | Mutual of Omaha | $7 | 90 |
| 2 | Haven | $4 | 87 |
| 3 | Allstate | $7 | 87 |
| 4 | Nationwide | $11 | 86 |
| 5 | Prudential | $7 | 86 |
| 6 | State Farm | $14 | 84 |
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.
In Yonkers, Mutual of Omaha offers the best cheap term life insurance, with a MoneyGeek score of 90 and average monthly premiums of $12 for men and $10 for women.
Factors impacting premiums include age, health, coverage amount and term length. To get the lowest rates, maintain good health, choose a shorter term length and opt for a lower coverage amount.
| 1 | Mutual of Omaha | $12 | 90 |
| 2 | Haven | $8 | 89 |
| 3 | Allstate | $11 | 89 |
| 4 | Prudential | $10 | 89 |
| 5 | Nationwide | $18 | 86 |
| 6 | State Farm | $23 | 82 |
The average monthly premiums for term life insurance in Yonkers are $21 for men and $18 for women. Factors like age, health, lifestyle and occupation affect life insurance costs, which insurers assess to determine risk.
Premiums in Yonkers might be higher or lower than in the rest of New York due to specific local factors, including local health statistics, the cost of living, crime rates and local insurance regulations. For example, higher health care costs or crime rates in Yonkers could lead to higher rates. Conversely, premiums might be lower if Yonkers has better overall health statistics or lower crime rates.
Understanding these factors can help you make informed decisions when purchasing life insurance.
Mutual of Omaha offers the best life insurance in Yonkers for men, with a MoneyGeek score of 89 out of 100.
The average monthly premium for the best life insurance for men in Yonkers, provided by Mutual of Omaha, is $27.
Mutual of Omaha provides the best life insurance in Yonkers for women, with a MoneyGeek score of 91 out of 100.
The average monthly premium for the best life insurance for women in Yonkers, offered by Mutual of Omaha, is $22.
Life insurance in Yonkers is generally comparable to the rest of New York. However, specific factors such as local living costs and demographics might influence premiums. For example, due to its unique population and economic conditions, Yonkers may have slightly different underwriting criteria or costs.
If a life insurance company in Yonkers goes bankrupt, state guaranty associations ensure that policyholders are protected, often covering claims up to certain limits.
Yonkers residents might need life insurance to secure their families financially, cover debts or pay for funeral expenses and mortgage payments, providing stability during challenging times.
To find a lost life insurance policy in Yonkers, contact the insurance company directly or check with the New York State Department of Financial Services, which can assist in locating the policy. Also, checking bank statements or consulting with the deceased's financial advisor may provide leads.
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.
