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Voya Life Insurance Review 2016

Posted by on Dec 26, 2015 in Term Life | Comments Off on Voya Life Insurance Review 2016

Voya Life Insurance Review 2016

Voya Life Insurance Review 2016 Pros:  Voya Financial and it’s domestic life insurance company ReliaStar Life Insurance Company is one of the largest life insurance companies in America and top writer of term life in 2016.  Voya (ReliaStar Life Insurance Company) is one of the only insurance companies in the country that do not count family history of cancer into your rating. Voya is also favorable on blood pressure guidelines allowing 135/90 for their best rate class whereas most companies are over 85 for the bottom number. Seniors over age 61 can take be on a blood pressure medication and qualify for the best rate class.  Voya also allows a total cholesterol of 300 and hdl ratio of 5.0 or less which is one of the best in the country, seniors over 61 a total of 300 and and hdl ratio of 6.0 or less for males.  Voya (ReliaStar Life Insurance Company) will often have the lowest prices on $200,000 term life insurance policy in 2016. ReliaStar Life Insurance Company has a long and trusted history as they in businesses since 1885 and Voya Financial is one of the largest financial services companies in America and the world. Cons: Voya doesn’t off a 25 & 30-year term life policy.  Bottom Line:  Voya Financial Life Insurance Company underwritten by ReliaStar Life Insurance Company is a top term life insurance company in America with an “A” (Excellent) rating by A. M. Best.  Voya Financial is a spin off from ING Group.  Voya’s domestic life insurance company ReliaStar has been in business since 1885 and is one of the best life insurance companies 2016.  With their favorable underwriting for a family history of cancer, favorabel high blood pressure and cholesterol underwriting and their niche of $200,000 term life insurance policy amount, Voya is a company that you must look at when shopping for life insurance in 2016. About Type: Public Underwriter: ReliaStar Life Insurance Company Founded: 1885 (ReliaStar Life Insurance Company) Website: voya.com Phone: (877) 886-5050 Address: 20 Washington Ave S, Minneapolis, MN 55401 A.M Best Rating 2016: A (Excellent) Third highest of 16 possible ratings Comdex Ranking: 77 out of 100 BBB Rating: A+ Competitors: American General Life, Banner Life, Primerica, Genworth Life, Pacific Life Insurance, North American Co, Lincoln National Life, Transamerica, Prudential, Midland, Cincinnati Life, TIAA-CREF, Guardian, OneAmerica, Minnesota Life, RiverSource, Allianz Life Insurance Company, Thrivent Financial for Lutherans, AAA, Erie, Sagicor, Amica, ANICO, Assurity, Colonial Penn, AARP, Globe Life, Ohio National Life Group, New York Life, Northwestern Mutual, MassMutual, Grange Life Insurance Company, Symetra Life Insurance Company, Mutual of Omaha, John Hancock, PennMutual, Principal, State Farm, Farmers, Allstate. Voya Life Insurance (ReliaStar Life Insurance Company) Term Life Rates 2016 Price Comparison Below are the monthly sample prices for a $200k 20 year term life insurance policy for a 40 year old man at the best health class:   Voya-ReliaStar Life Insurance: $19.69 Banner Life Insurance Company: $19.77 Savings Bank Life Insurance-SBLI: $20.53 AAA Life Insurance Company: $21.12 AIG Life Insurance: $21.97 Mutual of Omaha: $23.32 Farmers Life Insurance: $26.35 New York Life Insurance Company: $27.00 MassMutual Life Insurance: $27.58     Related Reviews Banner Life Insurance Company Review... Prudential Life Insurance Review 2017... Protective Life Insurance Company Review 2017... Banner Life Insurance Company Review 2017... Lincoln National Life Insurance Company Review...

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Best Life Insurance Companies 2016

Posted by on Dec 24, 2015 in Best Life Insurance Companies 2016, No Exam, Term Life, Universal Life, Whole Life | Comments Off on Best Life Insurance Companies 2016

Best Life Insurance Companies 2016

The best life insurance companies 2016 offer the lowest rates, are highly rated and have the most favorable consumer underwriting guidelines for 2016. The companies that made are list have been carefully monitored, researched and most importantly; are tried-and-true as they are the ones we trust to place our clients with.  Some of the companies are household names and the others are not as well known but are best life insurance companies in America. When looking for the right life insurance company to protect your family you want to look at price, underwriting, company history and their financial rating.  The companies on our list check all of those boxes.   Best Life Insurance Companies 2016   Prudential Life Insurance Company Prudential Life Insurance Company also known as Pruco Life Insurance Company is one of our favorite life insurance companies in America in 2016. Prudential is the second largest life insurance company in America, has been in business since 1875 and is Superior rated by the top rating agency A.M. Best. Prudential also has the best life insurance underwriting guidelines for many categories including; healthy people, those taking pain medication such as Norco, Vicodin, Lortab, Demerol, Tramadol and Oxycontin, those taking one to two anxiety and depression medications like Paxil, Prozac, Zoloft, Celexa or Lexapro. In addition, Prudential has the most favorable height and weight guidelines for seniors. They also have great rates and underwriting for private pilots. Prescription medical marijuana users can qualify for the best rate class with Pruco. Prudential also has the best travel guidelines for international travel including most mission trips qualify for the best rate class. Prudential also allows for non-tobacco rates for chew, dip, snuff, cigars, pipes, e-cigarettes users. Prudential is one of the most well-known and trusted life insurance companies in the world with often the most favorable underwriting.   American General Life Insurance Company American General Life Insurance Company, also known as AIG Life Insurance Company is one of our favorite life insurance companies in 2016 and they been for the past decade. AIG has some of the lowest rates in the entire country on term life insurance and they offer great underwriting. We put a great deal of our clients with American General Life Insurance Company and there are many reasons why. First, AIG currently has some of the lowest rates in America on term life insurance in 2016. Secondly, American General just updated their underwriting guidelines and they are even more consumer friendly. American General allows the best rate class, Preferred Plus, for someone taking a blood pressure medication, such as Lisinopril, with evidence of blood pressure control for past 6 months of 135/85 for ages 60 or under and 140/85 for ages 61 and older. AIG also has some of the best underwriting in 2016 for sleep apnea, type I and II diabetes, including insulin diabetes, cigar users up to 52 a year and still get best rate class nonsmoker, even low blood pressure. Third, American General has great customer service and allows you to make policy changes such as beneficiary or address changes online as well as calling their award winning customer service. American General Life Insurance Company is A Excellent rated by A.M. Best and has been in business since 1850.   Protective Life Insurance Company Protective...

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Best Life Insurance Companies for High Blood Pressure 2016

Posted by on Dec 19, 2015 in Best Life Insurance Companies for High Blood Pressure 2016, Best Life Insurance Companies for Seniors Over 65 | Comments Off on Best Life Insurance Companies for High Blood Pressure 2016

Best Life Insurance Companies for High Blood Pressure 2016

Best Life Insurance Companies for High Blood Pressure 2016 High blood pressure (hypertension) is a common health concern in 2016 and many Americans are taking a blood pressure lowering medication such as Lisinopril. So when applying for life insurance in 2016 you want to look at companies that underwrite blood pressure medications favorably. To help you out I put together a list of the best life insurance companies for high blood pressure in 2016. High blood pressure (hypertension) can be a serious health condition if left untreated.  Damage to the arteries, heart, brain, and kidneys are possible repercussions of not controlling hypertension.  Fortunately, with advances in medicine, today high blood pressure is a very treatable condition and for some insurers won’t affect your rating category. The CDC reports that an estimated 68 million adults have high blood pressure or are treating their hypertension with a blood pressure lowering medication such as Lisinopril, beta blockers or a water pill-Hydrochlorothiazide.  That’s roughly a third of the adult U.S. population.  Fortunately, an applicant that has a history high blood pressure or is currently on a high blood pressure lowering drug can still qualify for an excellent life insurance rate if they choose the right company. Common Blood Pressure Medications for people who apply for life insurance in 2016: ACE Inhibitor such as: Lisinopril (Prinivil), Atenolol (Tenormin), Diovan, Bystolic, Metoprolol, Benazepril, ​Hydrochlorothiazide (Zestoretic), Norvasc, Toprol, Benicar, Losartan (Cozaar), Lisinopril- Hydrochlorothiazide, Spironolactone (Aldactone), Irbesartan (Avapro), Nadolol (Corgard), Candesartan (Atacand), Telmisartan (Micardis), Valsartan (Diovan), Labetalol (Trandate), Bisoprolol (Zebeta), Carvedilol (Coreg).   Best Life Insurance Companies for High Blood Pressure 2016 American General Life Insurance Company (AIG)– American General will allow best rate class if taking a blood pressure medication with evidence of blood pressure control for past 6 months of 135/85 for ages 60 or under and 140/85 for ages 61 and older. Mutual of Omaha (United of Omaha)- Mutual of Omaha Life Insurance Company allows the best rate class if you’re taking blood pressure medication if blood pressure is well controlled with ages 18-55 average reading 135/85 or better and age 56 and older 140/85 or better. Protective Life Insurance Company– Protective Life Insurance Company allows applications to remain eligible for the best rating class if taking a blood pressure medication and history readings over are under control the past year did not exceed 135/85 though age 60 or 140/85 for ages 61-70.  Banner Life Insurance Company (Legal & General)- Allows applicant to still qualify for best rating class if their blood pressure is controlled with or without a medication as long as the average reading over the past two years did not exceed 136/86. The companies listed above are for non-smokers.  If the applicant does smoke they will remain eligible for an excellent rate with high blood pressure as long as it’s under control.   What if your blood pressure is still elevated and you need to apply for life insurance? There are still many life insurance companies that will offer life insurance with continued high blood pressure with or without medication. United of Omaha Life Insurance Company (Mutual of Omaha) will allow a total blood pressure of 152/90 for ages 55 or under and 156/92 for ages 56 and over and still be eligible for a standard plus rate class (see chart...

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Primerica (Prime America) Life Insurance Review 2017

Posted by on Dec 18, 2015 in Term Life | Comments Off on Primerica (Prime America) Life Insurance Review 2017

Primerica (Prime America) Life Insurance Review 2017

Primerica (Prime America) Life Insurance Review 2017   Pros: Financial strength- Primerica has an A+ superior rating in 2017 (2nd highest of 16 available ratings from A.M. Best) and they have a good reputation for paying claims in a timely manner.  Their policies also feature a nice living Terminal Illness Benefit.  In addition, their agents are local and often friends and family. Cons:  Expensive compared to companies with an equal financial rating (See the table below).  Primerica also only offers term life insurance without the option to convert to permanent insurance.  As an alternative you can convert to a decreasing term policy at the initial health rating class you were approved for or choose annual renewable term which is often more expensive or reapply with for a new policy.  Also, since it is an MLM (multi-level marketing) business model many of the agents work in the insurance business on a part-time basis. (We do however support working a second job to make additional income and to help families get insured!) Bottom Line:  Overall Primerica is a good company due to their A+ A.M. Best financial strength rating and their reputation for paying claims in a timely manner.  They were one of the pioneers in the industry in getting term life insurance policy out to the masses when whole life was the product companies wanted their agents to sell so they could make more money.  Today they are still in the top 25 for market share.  However, Primerica’s rates in 2017 are often not competitive with other A+ rated companies such as Mutual of Omaha, Prudential, Protective and Banner Life.  Also, Primerica does not offer the option to convert to permanent life insurance when the policy term is over, however they do offer the alternatives mentioned above.  As with all the companies we review, we recommended that you receive a quote from Primerica but also from the other top companies and choose the best one for you.   About Type: Public Company-Traded as PRI Founded: 1977 Website: primerica.com Phone: (800) 257-4725 Address: 1 Primerica Parkway, Duluth, GA 30099 A.M Best Rating 2016: A+ (Superior) 2nd Highest of 16 available ratings Comdex Ranking: 89 out of 100 BBB Rating: A+ Common Competitors: New York Life, Northwestern Mutual, Mass Mutual, MetLife, John Hancock, Principal, State Farm, Allstate, AIG, Ohio National Life, SBLI, Banner Life, Protective Life, State Farm, USAA, Genworth Life, Pacific Life Insurance, North American Co, Lincoln National Life, ING-ReliaStar, Transamerica, Prudential.   Primerica vs. Competition-Price Comparison For a 40-year old male on a 20-year level term at the Preferred Plus rating class (Updated 2017) Amount Primerica (Rated A+)Mutual of Omaha (Rated A+)Protective Life (Rated A+)Banner Life (Rated A+) $250,000$27.31$20.13$17.91$19.60 $500,000$45.13$33.47$28.91$33.25 $750,000$64.13$47.47$43.37$47.25 $1,000,000$83.13$59.72$51.97$59.50   Sample monthly rates for a 45 year old male (D.O.B. 6/15/1972) $500,000 20 year term at the best health class:   Protective Life: $50.06 A+ Rated Comdex Rating 91 John Hancock: $50.27 A+ Rated Comdex Rating 92 Banner Life: $50.94 A+ Rated Comdex Rating 94 Lincoln National: $51.59 A+ Rated Comdex Rating 90 Prudential: $53.36 A+ Rated Comdex Rating 94 Mutual of Omaha: $54.47 A+ Rated Comdex Rating 93 Nationwide: $61.86 A+ Rated Comdex Rating 89 Transamerica: $63.21 A+ Rated Comdex Rating 90 Primerica: $69.35 A+ Rated Comdex Rating 89     Conclusion As you can see in our...

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Top 5 Life Insurance Companies for High Cholesterol 2016

Posted by on Dec 18, 2015 in Term Life | Comments Off on Top 5 Life Insurance Companies for High Cholesterol 2016

Top 5 Life Insurance Companies for High Cholesterol 2016

For 2016,we listed our top 5 life insurance companies for high cholesterol 2016. These companies allow a cholesterol reading up to 300 and also allow you to be on a cholesterol lowering medication such as a statin and still remain eligible their best health rate class. According to the CDC, about 33% which equates to 71 million of adults in the United States have high levels of bad cholesterol.  Nearly half of those with high cholesterol are receiving treatment and only 23 million have their cholesterol levels in check. The health problems that can result from having high cholesterol are numerous and can be very dangerous. These include the elevated risk of heart disease, stroke, high blood pressure and diabetes.  Since life insurance rates are determined by the health of the applicant-i.e. the risk to the insurance company, having high cholesterol can lead to higher premiums if you choose the wrong company. Common Cholesterol Medications: Pravastatin, Simvastatin, Lipitor, Crestor, Zocor, Zetia, Tricor, Lovastatin, Atorvastatin Vytorin, Simcor, Top 5 Life Insurance Companies for High Cholesterol 2016 Prudential Life Insurance (Pruco)– Allows each applicant to qualify for the best health class if total cholesterol is below 300 with an HDL ratio of 5.0 or less with or without medication. ReliaStar Life Insurance Company (Voya)– Allows each applicant to have maximum cholesterol of 300 with and total cholesterol/HDL ratio of 5.0 or less for men and 4.5 or less for women with or without medication and still qualify for the best health class, Super Preferred. Mutual of Omaha (United of Omaha)– MOH allows a total cholesterol of 300 or less and an HDL ratio of 4.5 or lower to remain eligible for the best class, with or without medication. Banner Life Insurance Company– Applicant can qualify for the best rating class if their total cholesterol is below 120-300 with and HDL ratio of 4.5 or lower and can be on or off a cholesterol medication. Lincoln National Life Insurance Company– Applicant can a total cholesterol of 300 or less with an HDL ratio of 5.0 or less and still qualify for the best rating class. Age 70 and older an HDL ratio of 5.5 or lower and can still qualify for the best rate class. Getting the Best Life Insurance Rate with Elevated Cholesterol If you are taking a cholesterol lowering medication or your doctor says you have elevated cholesterol, don’t worry… you may likely still qualify for the best life insurance rate class. Use our quote engine to the right to compare rates and choose the best company for you.   Related Reviews Banner Life Insurance Company Review... Prudential Life Insurance Review 2017... Protective Life Insurance Company Review 2017... Banner Life Insurance Company Review 2017... Lincoln National Life Insurance Company Review Review 2017... Best Life Insurance Companies for Seniors Over 65... Mutual of Omaha Life Insurance Review... William Penn Life Insurance Company Review... Thrivent Financial Life Insurance Review 2017... Companion Life Insurance Company Review... Share...

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AARP Life Insurance Review 2016

Posted by on Dec 18, 2015 in Final Expense, Term Life, Whole Life | 1 comment

AARP Life Insurance Review 2016

AARP Life Insurance Review 2016 The Good: AARP’s life insurance program which is underwritten by New York Life Insurance Company, has an easy application process- only 3 health questions and no physical exam.  New York Life has an A++ A.M. Best Superior financial rating (the highest available out of 16 categories).  AARP and New York Life are very well-known trusted companies in America in 2016. The Bad:  Rates can be expensive for many applicants.  Also, the premiums increase every 5 years on their term policy and coverage ends at age 80.  In addition, as with many guarantee issue policies from various companies- many people have posted complaints online about being unaware that the guaranteed acceptance life insurance has a two-year waiting period for natural causes. The Bottom Line:  AARP has three main plans; Level Benefit Term Life Insurance up to $100,000 in which the price increases every five years and stops at age 80. Permanent Life Insurance up to $50,000 which cover lasts a lifetime and Guaranteed Acceptance up to $25,000 in which there is no medical exam or health questions.  he guaranteed acceptance policy has a two year waiting period before you’re covered for natural causes.  The life insurance plans offered for by AARP and New York Life for seniors can be convenient but for healthy individuals looking for term life insurance the rates will likely be much cheaper from another carrier like Prudential, Transamerica, Voya ReliaStar or Mutual of Omaha.  There are other insurance plans and companies that can be significantly cheaper than the AARP plans.  As with all the companies we review, we recommend compare quotes and features from many different companies before purchasing a policy.  Do your homework to ensure your are receiving the best deal and just don’t rely on a brand name alone in securing the right policy. About Type: Mutual Company-New York Life Underwriter: New York Life Founded: 1845-New York Life Website: nylaarp.com Phone: (800) 865-7927 Mon – Fri: 8:00 a.m. to 10 p.m. (ET) Sat: 9:00 a.m. to 5 p.m. (ET) Address: 51 Madison Avenue, New York, NY 10010 AARP Life Insurance Ratings 2016: A++ (Superior) Highest of 16 possible ratings Comdex Ranking: 100 out of 100 BBB Rating: B+ (New York Life) Competitors: Colonial Penn, Mutual of Omaha Life Insurance, Globe Life, Foresters, 5 Star Life Insurance Company, Oxford, Americo, United Home Life, Monumental,Funeral Advantage, Standard Life, State Farm, Farmers, Allstate, Nation Wide, American Family Life Insurance, Progressive Life Insurance, ANICO, Allianz Life Insurance Company, Fidelity & Guaranty Life, American General Life, Banner Life, Protective Life, Primerica, Genworth Life, Pacific Life Insurance, North American Co, Lincoln National Life, ING-ReliaStar, Transamerica, Prudential, Midland, Cincinnati Life, Grange Life Insurance Company, Symetra Life Insurance Company, John Hancock, PennMutual, Principal, TIAA-CREF, Guardian, OneAmerica, Minnesota Life, RiverSource, Allianz Life Insurance Company, Thrivent Financial for Lutherans, AAA, Erie, Sagicor, Amica, Assurity,  Ohio National Life Group, New York Life, Northwestern Mutual, EMC National Life, Motorists Life, Pan-American Life, National Life Group, American Family, Shelter, HoraceMann, Group Life Insurance, Supplemental Life Insurance, Aflac, Voluntary Life Insurance, Unum,  MassMutual.   How Does AARP Life Insurance Prices Compare to the Competition? $100k term policy purchased by a 60 year old female.  Prices over the next 20 years: Premium at AgeAARPProtective LifeBanner Life  60$124.17 $44$45 65$174.83 $44$45 70$265.83 $44$45 75$265.83 $44$45...

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State Farm Life Insurance Review 2016

Posted by on Dec 15, 2015 in Term Life, Universal Life, Whole Life | 1 comment

State Farm Life Insurance Review 2016

State Farm Life Insurance Review 2016 The Pros:  Financial Strength– State Farm has the highest financial rating available in 2016; A++ (Superior) from A.M. Best.  Size– State Farm is one of the largest life insurance companies in America.  Brand Recognition– With a significant adverting presence, State Farm is a household name when it comes to insurance.  Local Agents– State Farm has local offices that you can stop into to see your agent if you have any questions. The Cons:  State Farm’s life insurance rates are typically more expensive compared to the rest of the market (see rates below).  Also, their underwriting can be more strict than many other top companies which can increase premiums or lead to a decline. Bottom Line:  State Farm is the largest property and casualty in America in 2016. They are also one of the most well-known names in the insurance industry.  State Farm also has the highest financial rating available; A++ Superior which means they are one of the strongest insurance companies financially in America. They do have local agents and offices in the community which many people prefer.  However, their life insurance rates can be expensive compared to other top life insurers.  Also, their life insurance underwriting can more strict then other top rated insurance companies.  As with all the companies we review, we recommend that you receive a quote from State Farm but also from the other top companies and choose the best one.     About Type: Mutual Company Underwriter: State Farm Life Insurance Company Founded: 1922 Website: statefarm.com Phone: (309) 766-2311 Address: One State Farm Plaza, Bloomington, IL, 61710 A.M Best Rating 2015: A++ (Superior) Best of 16 possible ratings Comdex Ranking: 98 out of 100 BBB Rating: B Products: Term Life, Whole Life, Universal Life, Variable Universal Life Competitors: MassMutual, New York Life, Northwestern Mutual, Principal, Mutual of Omaha, Guardian, Pacific Life Insurance, North American Co, Lincoln National Life, State Farm, Farmers, Allstate, Nationwide, American Family Life Insurance, Progressive Life Insurance, ANICO, Allianz Life Insurance Company, Fidelity & Guaranty Life, American General Life, Banner Life, Protective Life, Primerica, Genworth Life,  ING-ReliaStar, Transamerica, Prudential, Midland, Cincinnati Life, Grange Life Insurance Company, Symetra Life Insurance Company, a, John Hancock, PennMutual,  TIAA-CREF, OneAmerica, Minnesota Life, RiverSource, Allianz Life Insurance Company, Thrivent Financial for Lutherans, AAA, Erie, Sagicor, Amica, Assurity, Colonial Penn, AARP, Globe Life, Ohio National Life Group, EMC National Life, Motorists Life, Pan-American Life, National Life Group, American Family, Shelter, HoraceMann, Group Life Insurance, Supplemental Life Insurance, Aflac, Voluntary Life Insurance, Unum.     State Farm Term Life Insurance Prices 2016 vs. The Competition Sample monthly prices for $500,000 20 year term life insurance policy for a 40-year old male (D.O.B. 6/15/1975) at the best health class: Company Price Rating Pacific Life: $32.51 A+ Mutual of Omaha: $33.47 A+ Protective Life: $33.03 A+ AIG: $33.65 A SBLI: $35.58 A+ Banner Life: $36.30 A+ MetLife: $36.81 A+ TIAA-CREF Life: $38.15 A++ Voya: $39.38 A Nationwide: $40.05 A+ Transamerica: $40.86 A+ AXA Equitable: $41.06 A+ Lincoln National: $41.13 A+ Prudential: $43.65 A+ State Farm: $45.70 A++ MassMutual: $46.11 A++ Primerica: $47.98 A+ New York Life: $53.84 A++   Related Reviews Banner Life Insurance Company Review... Prudential Life Insurance Review 2017... Protective Life Insurance Company Review 2017... Banner Life Insurance Company Review 2017... Lincoln...

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Thrivent Financial Life Insurance Review 2017

Posted by on Dec 5, 2015 in Term Life, Universal Life, Whole Life | Comments Off on Thrivent Financial Life Insurance Review 2017

Thrivent Financial Life Insurance Review 2017

Thrivent Financial Life Insurance Review 2017 Pros: Financial Strength & Ratings– Thrivent Financial has the highest financial rating available from the leading rating agency A.M. Best with an A++ (Superior) grade and possess a 99 out of 100 Comdex score in 2017.  Awards– Thrivent Financial for Lutherans was an honoree for The World’s Most Ethical Companies designation in 2017.  Size– Thrivent Financial is a fortune 500 company (#318) and is the largest fraternal benefit society in America with over two and a half million members. Assets– More than $116 billion. Volunteering– The organization contributed nearly $203 million and its members volunteered more than 9.3 million volunteer hours in 2015. Cons: Not too many cons with this company. Bottom Line: Thrivent Financial for Lutherans life insurance is very impressive.  Thrivent is one of the few insurers in America to receive an A++ (Superior) financial rating from A.M. Best.  In addition, they have a near perfect Comdex rating (99 out of 100).  Thrivent is a Fortune 500 company with over two million members.  As their previous name implies (Thrivent Financial for Lutherans), Thrivent Financial is a Christian based organization.  In 2013, their members voted to allow non-Lutheran Christians to join and subsequently changed their name to Thrivent Financial. Overall, we were very impressed with Thrivent Financial’s life insurance products, ratings and rates.  As with all the company’s we review, we recommend that you receive a quote from Thrivent Financial and from the other top life insurance companies as well and choose the best company for you. About Type: Fraternal Benefit Society Issued by: Thrivent Financial for Lutherans, Thrivent Life Insurance Company Founded: 1902 Website: www.thrivent.com Phone: (800) 847-4836 Address: 4321 N. Ballard Road, Appleton, WI 54919 and 625 Fourth Avenue S., Minneapolis, MN 55415 A.M Best Rating: A++ (Superior) Highest of 16 possible ratings Comdex Ranking: 99 out of 100 BBB Rating: A+   Life Insurance Products: Term Life Insurance (coverage available in 10, 15, 20 and 30 year terms), Whole Life Insurance Whole Life 65, Whole Life 121, Single Premium Whole Life, Survivor Whole Life, Whole Life Plus Term Protection, Universal Life and Variable Universal Life. States Conducts Business in: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Washington, West Virginia, Wisconsin, Wyoming, Competitors: New York Life, Northwestern Mutual, TIAA-CREF, MassMutual, Mutual of Omaha, Country Financial, John Hancock, Ohio National Life PennMutual, Principal, State Farm, Farmers, Allstate, American General Life, Banner Life, Protective Life, Primerica, Genworth Life, Pacific Life Insurance, North American Co, Lincoln National Life, ING-ReliaStar, Transamerica, Prudential, Midland, Cincinnati Life, ANICO, TIAA-CREF, Guardian, OneAmerica, Sagicor, Amica, Minnesota Life, RiverSource, Allianz Life Insurance Company, AAA, Erie. Price Comparison Sample rates for a $250,000 policy on a 20-year term at each company’s best health class, for a 40-year old male, non-smoker. AgeThriventAIGJohn HancockProtective Life 40$39.81$31.05$30.52$28.91   Related Reviews Banner Life Insurance Company Review... Prudential Life Insurance Review 2017... Protective Life Insurance Company Review 2017... Banner Life Insurance Company Review 2017... Lincoln National Life Insurance Company Review Review 2017... Best Life Insurance Companies for Seniors...

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Farmers Life Insurance Review 2016

Posted by on Dec 5, 2015 in Term Life, Universal Life, Whole Life | Comments Off on Farmers Life Insurance Review 2016

Farmers Life Insurance Review 2016

Farmers Life Insurance Review 2016 Pros:  Local agents- Farmers uses a brick and mortar business model with local agents- which many people prefer.  Well-known- Farmers is very well known thanks to their popular television commercials.  Website- Farmers website is very user friendly and provides instant rate quotes. Cons: Price- Farmers prices are often higher compared to other insurers we reviewed.  (See table below) Bottom Line: Farmers Insurance is a household name and a top 5 auto and home insurer in America.  While their property and casualty is highly ranked, their life insurance (issued by New World Life Insurance Company) rates are higher than many of the other top companies we reviewed in 2016.  Farmers does have local agents, good underwriting guidelines and a user friendly website that provides instant quotes but their rates can be expensive compared to other life insurers. About Type: Subsidiary Issued by: Farmers New World Life Insurance Company Founded: 1928 Website: www.farmers.com/life/ Phone: (800) 327-6377 Address: 4680 Wilshire Blvd. Los Angeles, CA 90010 A.M Best Rating 2016: A (Excellent) Third highest of 16 possible ratings Comdex Ranking: NA BBB Rating: A+ (Farmers New World Life Insurance Company Not Accredited) Competitors: New York Life, Northwestern Mutual, Mass Mutual, Mutual of Omaha, John Hancock, PennMutual, Principal, State Farm, Allstate, Ohio National Life, American General Life, Banner Life, Protective Life, Primerica, State Farm, USAA, Genworth Life, Pacific Life Insurance, North American Co, Lincoln National Life, ING-ReliaStar, Transamerica, Prudential.   Farmers Term Life Insurance Rates 2016 Comparison Below are the sample monthly rates a male in each company’s best health class for $250,000-20 year term life insurance policy for a 40 year old male. Mutual of Omaha: $19.91 AIG: $20.02 MetLife: $21.51 TIAA-CREF Life: $22.75 Voya: $22.97 Nationwide: $23.36 Prudential: $25.65 John Hancock: $28.70 Primerica: $28.98 New York Life: $29.42 Farmers: $42.06   Related Reviews Banner Life Insurance Company Review... Prudential Life Insurance Review 2017... Protective Life Insurance Company Review 2017... Banner Life Insurance Company Review 2017... Lincoln National Life Insurance Company Review Review 2017... Best Life Insurance Companies for Seniors Over 65... Mutual of Omaha Life Insurance Review... William Penn Life Insurance Company Review... Thrivent Financial Life Insurance Review 2017... Companion Life Insurance Company Review... Share...

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MassMutual Life Insurance Review 2017

Posted by on Dec 4, 2015 in Term Life, Universal Life, Whole Life | Comments Off on MassMutual Life Insurance Review 2017

MassMutual Life Insurance Review 2017

MassMutual Life Insurance Review 2017 Pros:  Financial Strength– MassMutual (Mass Mutual) has the highest financial rating available in 2017 from A.M. Best with an A++ (Superior) rating. Size and Stability– MassMutual is one of the largest life insurance companies in America and have been in business for more than 160 years.  They also have consistently paid dividends to their whole life policy holders since the 1860s. Mutual Company– As the name implies, Mass Mutual is a mutual company meaning it’s owned by the policy holders. Cons:  Price– MassMutual Life Insurance is expensive for term life insurance compared to the other top life insurance companies in America (see price comparisons below).  Underwriting– Since MassMutual is a mutual company their underwriting is more strict then many other top insurers which could lead to an even higher rate or a decline. Bottom Line:  MassMutual is one of the largest life insurance companies in America by market share.  They have the highest financial rating available A++ putting them in an elite category when it comes to financial strength for an insurance company.  Mass Mutual is a very large and safe insurance company that has been in business since the mid 1800’s.  However, when it comes to pricing on term life insurance they do have higher prices then many of the other top life insurance companies.  As with all the companies we review, we recommend that you receive a quote from MassMutual Life Insurance and also from the other top companies and choose the best one for you.   About Type: Mutual Underwriter: Massachusetts Mutual Life Insurance Company Founded: 1851 Website: www.massmutual.com Phone: (413) 788-8411 Address: 1295 State Street, Springfield, MA 01111 A.M Best Rating 2017: A++ (Superior) Highest rating of 16 possible ratings Comdex Ranking 2017: 98 out of 100 BBB Rating: A+ Competition: MetLife, Northwestern Mutual, NY Life, John Hancock, Principal, State Farm, Allstate, AIG, Ohio National Life, SBLI, Banner Life, Protective Life, Primerica, State Farm, USAA, Genworth Life, Pacific Life Insurance, North American Co, Lincoln National Life, ING-ReliaStar, Transamerica.   MassMutual Term Life Insurance 2017 Price Comparison Sample monthly prices for $500,000 20 year term life insurance policy for a 40-year old male (D.O.B. 6/15/1977) at the best health class:   Company Price Rating Protective Life: $28.91 A+ Rated Pacific Life: $29.41 A+ Rated John Hancock: $30.52 A+ Rated MassMutual (Haven): $30.58 A++ Rated AIG: $30.62 A Rated Ohio National: $30.71 A+ Rated Principal National: $31.50 A+ Rated AAA Life Insurance: $32.12 A- Rated Banner Life: $33.25 A+ Rated MassMutual: $36.98 A++ Rated Ameritas: $37.00 A Rated New York Life: $42.45 A++ Rated Primerica: $45.13 A+ Rated     Related Reviews Banner Life Insurance Company Review... Prudential Life Insurance Review 2017... Protective Life Insurance Company Review 2017... Banner Life Insurance Company Review 2017... Lincoln National Life Insurance Company Review Review 2017... Best Life Insurance Companies for Seniors Over 65... Mutual of Omaha Life Insurance Review... William Penn Life Insurance Company Review... Thrivent Financial Life Insurance Review 2017... Companion Life Insurance Company Review... *This review does not include Massachusetts Mutual Life Ins (Haven)  We want to hear from you.  How would you rate your experience with MassMutual?  Please leave a comment and rating below. Share...

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