Discover the top five life insurance providers of 2021, including Northwestern Mutual, New York Life, Transamerica, Mutual of Omaha, and State Farm. These companies are recognized for their financial strength, flexible policies, and excellent customer service, making them ideal choices for safeguarding your family's future and building wealth.

Best Life Insurance Providers of 2021

Selecting a trustworthy insurance provider is essential for protecting your family's financial future and ensuring peace of mind. Leading companies today not only offer dependable coverage but also facilitate wealth growth through their policies.

Here are the five top life insurance companies in 2021:

Northwestern Mutual
As the largest life insurer in the United States, Northwestern Mutual provides diverse products such as whole, term, and universal life insurance. Known for high customer satisfaction, the company paid out a record $6.2 billion in dividends to policyholders in 2020.

New York Life
Founded in 1845, New York Life continues to hold excellent financial ratings. It offers four coverage options and allows policyholders to convert term policies into permanent plans. The company also supports early premium payments for added flexibility.

Transamerica
With over a century of experience, Transamerica boasts strong financial stability and consistent pricing. It offers affordable premiums for term insurance and a variety of options including whole, universal, and final expense policies.

Mutual of Omaha
This insurer offers term and whole life policies without medical exams for eligible applicants. Customers can receive quotes online and manage their policies remotely. The company also provides plans for children and accidental death coverage, backed by robust financial strength.

State Farm
Similar to Mutual of Omaha, State Farm provides online term life insurance options that may not require medical exams, subject to a health assessment. Known for financial strength and high customer satisfaction, State Farm is a top choice nationwide, ranking highly in the 2020 J.D. Power U.S. Life Insurance Study.