THE TOP 10 BEST LIFE INSURANCE COMPANIES FOR 2018 (FULL LIST)

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 BANNER LIFE INSURANCE COMPANY

Banner Life Insurance Company Best Benefit:
Term Insurance
Our Banner Review

If you simply want the best bang-for-your-buck in term life insurance, Banner Life is your company.

Where they lack in speed, when compared to some of the instant issue products on the market, they more than make up for customized, cheap term life insurance coverage. Some of the cheapest on the market!

Banner’s products also come with a great range of riders, convertibility options, and a second-to-none sub-standard underwriting style. If you are part of the 95% of the world who isn’t in perfect, Olympic athlete health, you probably won’t find a more affordable term policy than you will with Banner.

PROS
  • Superior UNDERWRITING
  • AFFORDABLE Term
  • Riders & Convertibility
CONS
  • NO Instant Issue
  • Unfamiliar Brand Name
  • NO True Whole Life
  • #4. PROTECTIVE LIFE INSURANCE COMPANY

    Protective Life ReviewMaking a big jump our list of best life insurance companies at number four is Protective, another company many haven’t heard of just yet. Despite this, they have a dominant foothold in more than one sector of the life insurance industry.For more than a century now, Protective Life has lived up to its name in protecting households and businesses all across the United States. With more than 5 subsidiaries, an international presence, four separate “A” ratings, and a huge number of policyholders, Protective is getting noticed for the first time in a major way.

    You will have your pick of term life insurance, universal, or variable universal, where Protective is extremely price-competitive. Especially with its universal products, Protective is one of the few companies who offer permanent insurance for all tiers of fully underwritten life insurance.

    If you are considering permanent coverage, like for estate planning, Protective should be among your top considerations.

    PROS
    • Best UNIVERSAL Product
    • ESTATE Planning
    • Riders & Convertibility
    CONS
    • NO Instant Issue
    • Unfamiliar Brand Name
    • N/A
    • #5. PRUDENTIAL LIFE INSURANCE COMPANY (PRUCO)

      Prudential ReviewPrudential is a household name, and their industry dominance and niche underwriting have bumped them up even higher into our top 10 list this year.Extremely successful in several smaller areas of life insurance, Prudential also has leveraged its brand to become a leader in the life insurance industry, as a whole.

      This 140-year-old financial institution is a premiere insurer, with ratings of “A” or better from all of the rating agencies. In competition with MetLife for most life insurance sold, Prudential did take home the highest in net premiums, topping $13 billion.

      Although there is no whole life availability, Pru does have term, universal and indexed universal to fill their portfolio of products. Non-life insurance options include accident, critical illness, disability, and more.

      To top it all off, Prudential has exceptional underwriting for smokers.

      PROS
      • Best RISK Underwriting
      • Trusted Brand
      • Great For SMOKERS
      CONS
      • Lacking No Exam Product
      • Uncompetitive Term
      • N/A
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