In the case of insurance, one term of protection is life insurance. This type of coverage is usually purchased through an employer or through a private company. There are some different types of life insurance policies available, with each policy providing a different degree of coverage and risk.
A life insurance policy’s purpose is to replace income for your surviving spouse and children in the event that you die prematurely from a sudden event such as a heart attack or stroke.
We can choose from whole life, term, universal, variable universal, and variable products.
The right type for you will depend on your individual needs and goals. But in general, most people need protection up to $1 million in coverage with lower premiums per month for larger amounts.
Life insurance is a type of insurance that protects from financial loss from death. In this article, we will highlight some of the best life insurance companies in America.
For more information on life insurance, please review our list below:
Allstate Insurance Company:
Allstate is an American auto insurance company, with headquarters in Northbrook, Illinois. It is the second-largest provider of home and auto insurance in the United States. Allstate has more than 50,000 employees in the U.S. and Canada.
The company was founded on September 2, 1931 in Chicago by Edward L. Goodwin who named his company after his family’s insurance business, Allstate Life Insurance Company of Tennessee, which was founded 1869 by Thomas O’Connor in Memphis Tennessee.” Read More
Aetna Insurance Company:
Aetna Insurance Company is an American diversified managed health care company that offers a full range of traditional, voluntary, and consumer-directed health insurance products and related services. Aetna is the third largest health insurance company in the United States.
Aetna was founded in 1853 by William Hutchinson, who started the company with his son, C. C. Hutchinson. Aetna has been a member of the Fortune 500 since 2003 and in 2011 had annual revenue of more than $30 billion dollars.
The idea for Aetna came from a time when there were no doctors or hospitals in most towns or cities – William Hutchinson’s son C.C., an asthmatic, suffered from respiratory illnesses most of his life and William wanted to do something to help him. Read More
Metlife Insurance Company:
Metlife is a leading global insurance company serving more than 50 million customers in 10 countries. The company offers life, health, and dental insurance products to individuals, groups, and families. Metlife Insurance Company is a subsidiary of MetLife Inc., which operates as a holding company for the following subsidiaries: MetLife Insurance Company; Genworth Financial, Inc.; John Hancock Financial Services; and Brighthouse Life Insurance Company. Read More
Genworth Financial Insurance Company
Genworth Financial Insurance Company is a Fortune 500 company and one of the largest providers of life insurance in the United States. They provide mortgage insurance, long-term care insurance, and other financial services.
Genworth Financial’s stock price has been declining in recent years, making it difficult for them to continue providing quality products and services to their customers. The Genworth Financial brand has been struggling and is not seen as an innovator in its industry. Read More