US Life Insurance Companies

Find USA Life Insurance Companies

USA Life Insurance Companies

All insurers are not alike, so it is important to compare companies before you decide which one to place your policy with! As you search and compare, keep some key points in mind.

• The financial strength of the company. Even though policy owners are well protected by state laws, you want to find a company with the financial stability to handle claims and provide good service.  You can find financial ratings posted on most of the top rated US life insurance company websites, or by using a 3rd party ranking service like A.M. Best.
• Customer Service. Of course, you want to be treated fairly when you do need to make a claim. You also want an informed representative to answer questions or make changes.  Every state has an insurance department, and you can find records of customer complaints on their websites. There are also 3rd party consumer websites where customers will post comments. Take some of these complaints websites with a grain of salt though. Every large company will generate some negative comments, but satisfied customers rarely bother to post.
• Claims Handling. It can get easy to be sucked in to a good company with friendly sales people, but you really need a good company with a friendly and fair claims process!

An Easier Way to Find US Life Insurance Companies

You can use our list of top USA life insurance providers (linked above), search for reps, and make dozens of phone calls. However, we do believe the internet provides some great shopping and matching services that are free and simple to use. For example, the best US  life insurance quotes page has a fast and free online quote box that matches you with highly rated insurers in your area.

The page heading refers to term life, but the quote box will also return whole and universal life quotes if you request them. You should get 3 – 5 matches, and you also get contact information for local life insurance agents who can help you more.

American Life Insurance Companies

It would probably be impossible, and not that fruitful, to name all American life insurance companies. According to Manta, there are 8,596 Us life insurance companies.  It is not fruitful, because when you trace many of the smaller companies up the ladder, they are actually owned by a few majors. Is will also be a useless exercise because most life insurance is regulated by state. So an insurer that does a brisk business in New York or California may not even operate in your state at all!

Sometimes a smaller niche company will be better for a particular customer than a larger one because they carry specialty products or cater to a particular group. For example, some insurers or brokers tend to work in the senior market more, others may specialize as affordable term life insurance brokers!

If you just have to have a list, go to your state insurance department to find information on which insurers are operating in your area. Again, so much varies by state that a list of all US insurers is not that useful for many consumers. You can quickly search for you state online, OR use this handy US State Insurance Departments List.

Budget Life (BudgetLife.com) evaluated some life insurers, and came up with their own list of the 15 best ones. You can visit their website if you would like to see the criteria they used, but they mostly use premium prices. They probably should have called their list the cheapest term life insurance companies. But still, if you want a list – here it is:

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Tags: life insurance companies, state insurance departments, us life insurance, usa life insurance