Life Insurance Companies

This product is usually sold through agents or brokers of licensed insurance companies. Companies need to be licensed by a given state's Department of Insurance in order to be permitted to sell policies in that state. They can be Mutual Life Insurance companies, or privately held corporations. Independent firms such as A.M. Best, Moody's and Standard and Poors rate them.

Most companies sell a variety of products including:

In addition, they will sell specialty products such as Juvenile Life insurance, along with other tax-deferred annuity or retirement plans. Many insurance companies are subsidiaries or divisions of large international insurance companies and will also sell home, auto and/or health insurance along with life.

Basically all insurance companies, whether they are Mutual Life Insurers or private corporations, provide two types of products: Term Life and Permanent Life insurance.

Term Life is a "death benefit only" product that is in effect for a specified period of time, usually 10, 15, 20 or 30 years. Premiums will not increase over the course of the term. If the insured outlives the term, they can usually renew the policy, but may be subject to a premium increase.

Permanent Life, as the name implies, remains in effect for the policyholder's entire life, as long as monthly premiums and other obligations continue to be met. Permanent Life also differs from Term in that all forms of permanent life insurance accrue a "Cash Value".

Lifeinsurance.org offers a list of 25 of the leading producers of this type of product. The list is presented alphabetically. Life insurance companies were selected based upon industry ratings (Moody's, A.M. Best, etc.) Ward's Listings, total revenues, number of employees and numbers of policies in play.

Affordable Life Insurance Rates
Are Waiting For You!

Related Information

Who Gets Benefits Under Joint Life Insurance?

Under joint life insurance policies, you and your spouse can gain protection for an entire lifetime or for a specific term. Find the best plan for you.

Read More

The Minimum Age for Life Insurance: Getting a Policy at the Right Time

There's no real minimum age for life insurance. Shop around to find the right life insurance policy for your needs.

Read More

Should I Get Life Insurance When I Buy a House?

You don't have to have life insurance with your mortgage, but life insurance can help your loved ones make house payments after you die.

Read More

Why Those Without Dependents Should Still Get Life Insurance

You may not have any dependents, but you still should get life insurance. Here's how a policy can be beneficial for you.

Read More

People With The Greatest Need for Life Insurance

If there are people who depend on you financially, it may be time to start thinking about buying life insurance.

Read More

What Is Life Insurance

Life insurance is insurance that pays out a sum of money upon the death of the insured person. Common types include term life and whole life.

Read More

Life Insurance | What's The Point?

Life insurance protects your loved ones from financial hardship if you die unexpectedly.

Read More

Life Insurance Overview

This life insurance overview will help you better understand your life insurance coverage. If you're looking for a policy, a licensed agent can help.

Read More

How Long You Need Life Insurance Coverage

How long should you have life insurance for? There are three key indicators that can help you determine the answer.

Read More