Thoughts about your demise might not be your favorite subject. If you do decide that you’ll need to purchase life insurance, it’s worthwhile to spend some time to make sure that you’re happy with the company you’re purchasing it from. We’ve prepared for you our list of the top 10 Life Insurance Companies. These leading life insurance providers have grown huge and are believed by many to be among the most reliable life insurance firms.
MetLife (Metropolitan Life Insurance Company)
MetLife is a New York-based insurance company that was formed in 1868. With over 90 million customers, it is the world’s largest provider of annuities, insurance, and employee benefit programs. Through its subsidiaries and affiliates, the corporation operates throughout the United States, Japan, Latin America, Asia, Europe, and the Middle East. MetLife’s business clients include more than 90 of the Fortune 500’s top 100 corporations. In terms of total assets, it is the largest life insurance business in the United States. If you’re still stumped as to the company’s name, it’s the one that advertises with Snoopy. If you’re looking for a low-cost life insurance policy, These businesses should be included in your search.
Prudential Financial
Prudential Financial was founded in 1875 and has its headquarters at Newark, NJ. It is an Fortune Global 500 and Fortune 500 business and a leader in financial services. The main services it provides include annuities, life insurance mutual funds, as well as retirement plans. It is present across its operations in the United States, Asia, Europe, and Latin America. It is the second largest life insurance company within the U.S. in terms of total assets. Want cheap life insurance? Don’t forget about them in your look-up.
TIAA-CREF is a mutual fund that invests in people’s futures (Teachers Insurance and Annuity Association – College Retirement Equities Fund)
The TIAA-CREF company was established in 1918 and has its headquarters in New York. The company is an all-inclusive finance business and the top retirement service provider for individuals working in research, academic and medical fields as well as the cultural and artistic. The TIAA-CREF company currently serves 4.8 million people in total and is the third-largest insurance provider across the U.S. in terms of total assets.
New York Life Insurance Company
The next item on our list is 10 of the Best Life Insurance Companies in New York Life Insurance Company. It was established in 1845 and is located in New York. It is among the largest life insurance companies globally. New York Life is one of the three life insurers with the highest rating for life insurance granted to any life insurance company by the of the four rating organizations. It is the fourth largest life insurance company across the U.S. in terms of total assets. Based on its position in life insurance ratings of the companies it’s not a surprise.
Lincoln National Life Insurance Company
Lincoln National Life Insurance Company is an affiliate to Lincoln National Corporation. It was established in 1905 and is located within Fort Wayne, IN. Lincoln is a Fortune 500 company and one of the biggest businesses in the field of investment management and insurance within the U.S. It provides universal life and term life insurance, as well as variable universal life, in addition to entire life insurance. In addition, it is the fifth-largest life insurance provider within the U.S. in terms of assets.
MassMutual (Massachusetts Mutual Life Insurance Company)
MassMutual was established in 1851 and is located in Springfield, MA. They are a Fortune 500 life and health insurance company with over 1,800 office locations and 13 million customers around the world. Mass Mutual provides financial products including the life insurance policy, the disability assurance, retirement/401(k) service plans, and annuities. It is the sixth-largest life insurance company across the U.S. in terms of assets.
Northwestern Mutual Life Insurance Company
Northwestern Mutual was founded in 1857 and is located in Milwaukee, WI. It is a US finance and services association that is specialized in annuities, life insurance mutual funds, annuities, and benefits for employees. Apart from being an industry leader in offering individual life insurance across the US and abroad, it is the market leader in total life insurance dividends, which are paid to policy holders. They have earned their position in the top ten of life insurance firms. It is the seventh-largest life insurance company across the U.S. in terms of assets.
Principal Financial Group
The Principal Financial Group was established in 1879 and is based in Des Moines, Iowa. It is a world-class financial firm that offers individuals, companies, and institutional customers various financial services. The products they offer include retirement plan services, insurance, and investment products across 18 countries in Asia, Australia, Europe, Latin America, and the U.S. It is the eighth largest life insurance company across the U.S. in terms of assets.
Aflac Incorporated
You may recognize them by their duck. Aflac was established in the year 1955 and has its headquarters in Columbus, GA. It is a Fortune 500 financial services company that is specialized in offering life insurance that is available in both the U.S. and Japan. The company is also home to a duck that can mimic the company’s name as a company mascot. Aflac offers a broad range of insurance plans to more than 50 million clients around the world. It is renowned for its payroll deduction insurance that makes cash payments to policyholders if a severe accident or illness happens. It is the ninth largest life insurance company across the U.S. in terms of assets.
Pacific Life Insurance Company
Our final choice among our lists of the 10 best Life Insurance Companies is Pacific Life. Established in 1868, and with its headquarters at Newport Beach, CA, it offers life insurance including annuities, mutual funds, and other investment options. More than fifty percent of all the 100 top U.S. companies are currently customers of Pacific Life. Pacific Life is the 10th largest life insurance provider within the U.S. in terms of assets.
Yes, you can browse the internet and read life insurance reviews and you don’t have to select the top 10 life insurance companies to be your provider. However, it is good having all of the details in making a choice.
