10 Life Insurance Companies in California
Buying life insurance is indeed an important investment that you make to secure the future of your loved ones financially. Therefore, you must make sure that you choose the best life insurance company in California to buy a life insurance policy. Are you wondering who offers the best life insurance plans at an affordable price? Nothing to worry about as we are here to help you!
In this blog, we have listed the top 10 life insurance companies in California. Let’s move further to know about these insurance companies in detail.
Top 10 Life Insurance Companies in California
1. California Life Insurance Agency
California Life Insurance Agency built its foundation on trust and loyalty, making it one of the best life insurance agencies in California. Its mission is to develop a healthy relationship with clients by providing comprehensive and customized plans as per their needs. The team is dedicated to bringing complete peace of mind to the customers. Since they have years of experience and knowledge of a wide range of plans, you can be sure that you will get the best deal. They have also received a badge for being a “best life insurance company in California” from expertise.com.
2. New York Life
New York Life is the best life insurance company in California for people who are planning to buy a permanent life insurance policy because they offer a wide range of permanent life insurance options, including universal, whole, and variable universal life plans. It also has several optional riders that you can add to your plans to customize your coverage as per your needs.
New York Life is also a mutual insurance company that allows policyholders to own shares in the company. It also adds value to the reputation of the company.
3. Haven Life
Haven Life is tagged as the best life insurance company in California because it makes sure that everyone should have quality life insurance coverage. They are known to offer delightful experiences to customers by providing an impressive range of policy terms such as 10, 15, 20, 25, and 30 years coverage amounts that range from $100,000 to $3 million.
At Haven Life, a team of dedicated professionals creates a better experience for every life insurance seeker. First, they know the customers’ needs and then use a combination of modern technology and support teams to fulfill those needs.
4. Bestow Life
Betow is ideal for those who want to buy life insurance without a medical examination. They basically use the personal information provided and your medical history to determine the coverage and price of the plan. He created a revolutionary way to apply for life insurance online. The company is known for offering customized term life insurance plans.
5. Northwestern Mutual
Northwestern Mutual stands apart from other life insurance companies because of its wide range of riders. It provides different types of policies such as term, universal, whole, and variable universal life insurance. It also grants permission to customize and extend your coverage according to your unique needs. This feature helps individuals get the most out of their policies & plans.
6. Lincoln Financial
Lincoln Financial Group is popular for offering flexible term and whole life insurance policies of 10, 20, and 30 years. It provides high coverage and the opportunity to skip medical examinations. It does not give riders on all policies; you will find variations depending on the plan. It keeps the pricing of the policies affordable so that even individuals with a tight budget can afford the coverage. Hence, it is the best life insurance company in California.
7. State Farm
If customer experience is your top priority, State Farm should be your top choice. It has a proven track record of satisfactory customer service and financial stability. According to the J.D. Power study, “State Farm ranks highest among individual life insurance providers with a score of 822.” It offers a wide range of life insurance policies such as term, universal, whole, etc. You need to undergo a medical examination to buy any of its policies. Therefore, several people considered State Farm the best life insurance company in California.
8. Ladder
Being the best life insurance company in California, Ladder offers flexible coverage, it means you can make changes in your existing plan according to your changing needs as per your convenience. Their mission is to simplify the way of getting life insurance policies at competitive prices. Another main thing that tempts us toward Ladder is the feature that allows policyholders to make changes in coverage amount online.
9. AIG
AIG stands for American International group, dedicated to offering world-class coverage. It has more than a century of experience in protecting individuals, families, and seniors at a reasonable price. It offers permanent-term life insurance plans. You can trust AIG because it is a long-standing company with an excellent reputation in the market.
10. USAA
USAA is one of the well-established insurance companies in California. It is committed to facilitating access to financial protection products and services for all. It has certain features that are specially designed for military people. Its term policies range from $100,000 to $10 million while whole policies range from $2,000 to $10 million. You can trust USAA in your search for the best life insurance company in California.
Last Words!
It is really important to consider several factors like customer service, financial strength, claim ratio, and years of experience before buying a life insurance policy from the best life insurance company in California. If you choose a life insurance company from the companies mentioned above, then you can be sure that you will have a suitable life insurance policy per your requirements.
Choose the best life insurance company in California wisely and protect your loved ones!