Top 10 Insurance Companies in USA 2017-2018
Tomorrow is important, but life is happening now.
“We don’t feel that you should have to wait to live a happy life. Tomorrow doesn’t mean the distant future. It means, well, tomorrow. 60 years from now is the future, but therefore is 60 seconds from now. And we’re here to assist you to make the most of all of it. Because when you’re in control of your money and start realizing your financial goals, planning for future and more like living. Life insurance can be an important part of your financial strategies, helping to ensure a more secure financial future for your loved ones when you’re gone.”
With the advanced technology, the life expectancy of the common human being is on the rise. At the same time, the technology does not come cheap. One has to pay a heavy price for it. An insurance policy can always help you tide over these emergent situations. Insurance is a risk mitigating instrument. Consequently, one should not consider the immediate gains or losses while taking insurance. It is always a great idea to take insurance when you need it the least. The life insurance market in the United States is both massive and highly competitive. Insurance is a complicated subject which is gaining high relevance in today’s business environment due to numerous risks involved in every economic activity.
Today, there are literally hundreds of insurance companies to choose from – and each may have its own unique blend of products and services.
Insurance simply is protection against potential substantial financial losses due to unforeseen mishaps. It is generally in the form of a contract between the insurer and insured. Although not every insurance plan matches your requirements, you have to research thoroughly before finding the company and plan that perfectly fits you. Those companies can be government, private or non-profit organizations. The best life insurance companies change every year. We are going to attempt to help you make this decision so you only find yourself working with the best life insurance providers available to you. Here is the list of top 10 Best Insurance Companies in USA 2017-2018 are below.
- HAVEN LIFE INSURANCE
Haven life insurance company Best for Quick Coverage
Not only do they offer solid services and competitive rates, but they have one of the fastest applications (and approval) processes on the market.
Haven Life has 160 years of experience in the insurance business. They’re wholly owned by MassMutual, a company who has been around since 1851.
If you are looking to get term life insurance with the least hassle and faster than any other company can offer, then Haven Life is going to be your top company.
Rating: A++
- MASSACHUSETTS MUTUAL LIFE INSURANCE
Massachusetts Mutual Life Insurance Company, more informally called MassMutual, began back in 1851 as a mutual life insurance company, just as it remains today. One of the larger companies we reviewed coming in over $500 billion in total assets, Mass Mutual has near perfect ratings from all major rating agencies.
Rating: A+
- BANNER LIFE INSURANCE
Banner Life is part of Legal and General America. Banner Life is one of the life insurance companies who actually focus on just growing their business through life insurance products. A History more than 180 years ago, this company was founded in 1836 in London where it still has its headquarters, Legal and General Group has operations in Europe, North America, and Asia. Legal and General America is the largest insurance and investment organization globally with total assets under management of $1.1 trillion as of 2017.
Rating: A+
- PROTECTIVE LIFE INSURANCE
With a backbone and history in life insurance, as well as an innovative marketing strategy, Protective is growing quickly in its effort to be one of the best insurers available across America. It has a strong presence of independent agents who offer its products, and a vast number of consumers who are willing to purchase them.
Rating: A+
- PRUDENTIAL LIFE INSURANCE
Prudential Life Insurance Best for chewing Tobacco Users
With a long position history, a superior financial strength, and full collection of both insurance and investment products, Prudential has become an iconic institution in all of the United States as well as worldwide. With a target market of middle class to upper class, Prudential Financial has taken charge to assist all of its customers get to the financial status they try to find, while keeping their own peace of mind.
Prudential was named to 2016’s FORTUNE magazine Most well-liked Companies within the life insurance sector, and was named No.1. We have faith in Prudential life insurance, as well, and you should have no worry making them your carrier for your family in 2017.
Rating: A+
- METROPOLITAN LIFE INSURANCE
MetLife is measured to be one of the leading global providers of life insurance and annuities. The company holds a leading market position in both the United States, as well as across the globe. This firm also has a long history, Founded in 1868 and beginning its operations more than 149 years ago.
Rating: A+
- MUTUAL OF OMAHA INSURANCE
Mutual of Omaha has been committed to serving to customers in the life insurance arena for more than a century and helping them through life’s transitions by providing an array of insurance, financial and banking products. Not to be outdone by the others on this list, it too provides a wide variety of products to choose from, including term, whole life, universal life, and accidental death.
The company provides easy to follow steps on its website to help consumers determine how much coverage they may need, as well as how long they may expect to live. Mutual has made it best life insurance company status from the ratings agencies due to its financial strength and claims paying history.
Rating: A+
- NEW YORK LIFE INSURANCE
New York Life Insurance Company was founded in 1845 in New York City, with assets of $17000 and began its operation almost 170 years ago. Since that time, the insurer has built up its assets under management to more than $425 billion. It serves policy holders in both the United States and around the world. The policies that are offered by New York Life consist of term, whole life, universal life and variable life.
Rating: A+
- TRANSAMERICA LIFE INSURANCE
Transamerica Life Insurance was founded in 1928 and more than 89 years ago, and today it has grown largely into a financial and insurance powerhouse. With a strong groundwork and advance thinking strategy, Transamerica looks to stay ahead. They have greater than $131 billion in assets.
Rating: A+
- NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY
Northwestern Mutual is one of the longest standing life insurers in the United States today, having been in business well over 160 years.
Northwestern Mutual agents who facilitate individuals for the needs of their family, their businesses and their employees and established themselves as one of the best life insurance companies in the United States for 2017.
In 2017, Northwestern Mutual was measured one of the “World’s Most Admired Companies” in its industry according to FORTUNE Magazine’s annual surveys. The Northwestern Mutual Life Insurance Company has various life insurance products to personal, business, and estate markets primarily in the United States. The company offers permanent and term life insurance products; disability insurance; long-term care insurance; annuity products; and education funding plans.
Rating: A+
