Best Life Insurance Companies of 2021

Shopping for life insurance can be stressful. However, there’s one thing life insurance shoppers agree on - buying life insurance takes an enormous load off your back. The moment you pay your first premium on a good life insurance policy, you can rest assured that your loved ones will stay safe no matter what happens. Life insurance is a crucial part of preparing for an unpredictable future.

Choosing the right life insurance company, however, isn’t always easy. America is home to dozens of major life insurance providers. Some of these life insurance companies are shady: they’ll take any excuse to reduce or deny your claim and leave your loved ones with nothing. Other life insurance companies offer products as advertised: you pay a premium today to ensure your loved ones stay protected no matter what happens.

Today, we want to help you pick the best life insurance company for your unique needs. Whatever your budget and lifestyle may be, we’ve picked the top 15 best life insurance companies in the United States. Keep reading to discover which life insurance companies can be trusted to protect your loved ones if something goes wrong.

Best Life Insurance Companies

# 1 Northwestern Mutual

# 2 Haven Life

# 3 State Farm

# 4 Banner Life

# 5 Principal

# 5 Pacific Life

# 7 Guardian Life

# 7 Nationwide

# 7 Primerica

# 7 MassMutual

# 11 New York Life

# 11 Allstate

# 13 John Hancock

# 13 Protective

# 15 Mutual of Omaha

# 15 Prudential

Life insurance is essential if you have anyone in your life who depends on your income. Unfortunately, many people don't have the right type of coverage or the right amount. About half of all U.S. Households have less life insurance than they should, according to the Life Insurance Marketing and Research Association.

The good news is that life insurance doesn’t cost as much as you might think it does. Some people even estimate that life insurance costs up to five times as much as it actually does, reports the Insurance Information Institute (III).

We make the process of shopping for life insurance as easy as possible by doing the research for you and rating the top life insurance companies. To create our rating, we evaluated dozens of companies, scoring each on elements such as financial strength, customer service, and cost. Read on to see which companies made our list of the Best Life Insurance Companies of 2021. Our Best Life Insurance Company ratings are based on information that was collected between June 1, 2020, and August 19, 2020.