Top Life Insurance Carriers

Our agents work with hundreds of top life insurance companies. Because we are experts in the industry, we know that finding the right policy for our clients is a matter of shopping around and comparing prices and options. 

In this series, we will rate some of our favorite carriers. Don’t see your company on this list? Don’t worry! We most likely work with them. Give us a call to find out!

Choosing the Right Insurance Company

So: how do we decide which companies we work with? For us, it’s an expensive research process. We look at the following:

  • The financial strength of the company. We believe the financial strength of a company is incredibly important. There is no point in sending our clients to companies that may not be able to pay the policy’s face value years down the line. Using industry benchmarks such as A.M. Best Company and Moody’s, we evaluate financial strength ratings and compare these with past policy payouts. We don’t recommend using a carrier that has an A.M. Best rating of B or lower. 
  • Customer satisfaction reports. We are with our clients every step of the way, getting feedback and evaluating their experience with their life insurance carrier. We also take a look at any customer complaints filed independently and with state regulators. You can find these through the National Association of Insurance Commissioners website.
  • Product offerings. We all know term and whole life insurance are the two main types of coverage; however, we believe a good life insurance company will have several products and coverage customization options. These customization options can include riders or investment components for permanent life insurance. Additionally, companies specialize in certain products. We like to thoroughly evaluate each company’s specializations so that we can help direct our clients to the companies that will be best for them. 
  • Pricing. We always look at the premium prices offered by the companies we recommend. Finding a tailored policy means finding premiums – annual or monthly – to fit your budget. We fill out quote forms, talk to underwriters, and get the most through intel on what the companies we work for are charging for coverage.

Let’s take a look at a few carriers we love.

Mutual of Omaha

Mutual of Omaha not only carries an A+ rating from A.M. Best, but the company’s stellar transparency makes it a top carrier. 

We love that our clients can apply for a free quote online through Mutual of Omaha’s website, and their chart of average premium prices is an excellent tool for quickly comparing insurance policies. This way, you can easily estimate what you might be paying for coverage with this carrier.

Additionally, Mutual of Omaha has incredibly competitive ratings and offers term and whole life insurance policies with no medical exam for qualified applicants. If you qualify, this means you can get coverage as soon as you pay your first month’s premiums!

Prudential Life Insurance

In addition to being a household name, Prudential boasts excellent financial strength ratings, earning an A+ rating with A.M. Best and a AA- rating through Standard & Poor.

Prudential offers term, universal, indexed universal, and variable life insurance options along with multiple riders. Prudential’s rider options include accidental death benefit, children’s protection riders, and a living needs benefit.

If you are looking for whole life insurance options, you can only obtain a quote through an agent; however, you can apply for an instant quote online!

Pacific Life Insurance

When it comes to life insurance coverage, we find that Pacific Life is often left out of rankings with the bigger companies. However, just because they aren’t as prominently advertised doesn’t mean you should sleep on their offerings! 

Pacific Life has been around since 1868, and has earned an A+ (Superior) rating from A.M. Best. The carrier’s universal life insurance policy with long-term benefits is a flexible coverage option for those looking for cash-value coverage.

Additionally, Pacific Life offers one of the greatest long-term care insurance plans on the market. Pacific Life’s PremierCare Advantage policy is incredibly flexible, and gives you the option to either: give your death benefits to your beneficiaries, keep your coverage for long-term care, or to get your money back.

With this product, you can choose from a varied range of inflation choices (5% simple or compound interest or 3% simple interest) and a range of benefit periods (between two and eight years). You can also select your plan’s premium size.

Pacific Life also offers a zero-day elimination period, eliminating the 90-day waiting that typically applies to nursing homes and residential care facilities. 

No Matter Your Insurance Needs, Noel Has You Covered
We work with multiple carriers – and multiple situations. If you find yourself curious as to whether a carrier is right for you, give us a buzz. We are happy to not only offer you a selection of instant quotes but to work with you and talk you through all the life insurance options available to you.