Life Insurance reviews from Reddit
Summary
We analyzed 219 Reddit reviews across 28 subreddits and 69 posts to rank the best Life Insurance brands recommended by redditors, including communities like r/LifeInsurance, r/PersonalFinanceCanada, r/personalfinance, r/phinvest, r/CalebHammer. Top-rated brands include Life Insurance (4.3/5), Insurance (4.7/5), Term Life Insurance (4.1/5).
Stats
Reviews219
Subreddits28
Posts69
Brands78
Products39
219 reviews from
and
By Brand
/By Product
#1
Life Insurance
4.3
(20)
"I’m a licensed agent in all 50 states. I work with some of the best insurance companies and can get you the best rate."
"A $500k policy with a 20 or 30-year term should give you both plenty of coverage."
"A 20 or 30-year term policy sounds like a smart choice, especially since you're planning to start a family."
"The goal is not to get a death benefit, but tap into the growth of the cash that will enable you to access the cash tax free via policy loans."
"Take it. Term insurance is cheap anyways if you can afford."
"You can purchase life insurance at 85 yrs of age, which is a great option for those looking for coverage."
"Term life, at least 20 years but honestly the price difference between that and a 30 or 40 year term is probably in the range of $10 a month."
"Term life makes sense. It’s insurance that covers the child’s and family’s financial needs."
"You should only buy term. The partner who gave birth might need to wait."
"Unless you have north of $13.61 million in assets, and would have to worry about Estate taxes if you die, you just get Term."
#2
Insurance
4.7
(15)
"A term life insurance policy is a great choice for newly married couples, providing security and peace of mind."
"Whole life insurance is a great investment for children, locking in low rates and providing lifelong coverage."
"Life insurance can be an instrument to benefit you in both tax savings and retirement funding."
"Consider a permanent policy for living benefits and financial security."
"Term Life Insurance is a straightforward and cost-effective option for coverage."
"I would highly recommend talking to an agent in your area on the phone or in person."
"An IUL is better than a term policy as it lasts a lifetime and provides both life insurance and mortgage protection."
"This insurance plan offers a great return on investment, providing peace of mind and financial security."
"A banking type policy can help with retirement tax-free supplements and living benefits."
"Getting a $1M 30-year term with living benefits is a strong start for young and healthy individuals."
#3
Term Life Insurance
4.1
(16)
"What you need is so simple: term life insurance."
"I would generally recommend staying away from permanent life products and stick with term."
"Regular term life insurance is better and more cost effective than any sort of mortgage insurance product."
"You'll want to buy 'term life insurance'. that's the only thing to buy."
"Get a term with conversion options BUT more importantly, apply for a policy that has generous accelerated death benefit options."
"If she had purchased term life insurance and invested that money, you would have $60k if invested in S&P 500 index or $40k if invested in bonds."
"Term life insurance which would provide you with coverage that will not increase for the length of the term."
"Check out term life insurance and disability insurance."
"Term life insurance is a good, affordable option for beginners, offering high coverage at a low cost."
"You can compare the different term life policies here."
#4
State Farm
4.0
(10)
"Statefarm is a reputable company and their main focus is life even tho it seems otherwise."
"I found State Farm’s life insurance easy to work with and straightforward in what they offer."
"State Farm is great but there are many options out there."
"I have State Farm life insurance policies... I would recommend the same for anyone with families."
"We ended up going with State Farm."
"I’ve been with State Farm for over 10 years, and I can say their customer service and policies are reliable."
"If you're looking to switch life insurance, term life is usually more affordable than whole life and might be a good option if you need coverage for a specific period."
"State Farm. $1.5m coverage includes GA flying."
"I would recommend verifying that there is not a taxable gain on the policy."
"Most employers offer life insurance. If yours does not, or you hate the rates, I suggest at least shopping around."
#5
Whole Life Insurance
3.6
(9)
"Get a 10 pay or 20 pay whole life for as much coverage as you can afford."
"Consider whole life policies (traditional cover until age 100, not ILP/VUL)."
"These plans are whole life, immediate coverage (Day 1 - no waiting period)."
"I'd either go for a custom Whole Life or a VUL (variable universal life)."
"A whole life insurance would probably be the best if you can afford it."
"I’m a fan of whole life policies just because you have it forever."
"I would recommend looking into whole life."
"If you get a whole life (or IUL) and pay into it for 30 years, it will fund its own premium and provide coverage for life."
"Whole life is NOT an investment. It is a grossly overpriced insurance product only."
#6
MassMutual
4.4
(7)
"MassMutual is also a top-rated company with low-cost term options."
"Affordable life insurance options with a $1 million policy for $43 a month."
"MassMutual is great for veterans."
"My brother actually had just started with Mass Mutual and sold us the policy. It gave me some peace of mind that I could pay off the house."
"I have a mass mutual plan $45 a month for $1 million coverage"
"Whole life (Yes Reddit, some people actually do this...) Stick with the mutual companies: Mass Mutual, Penn Mutual, NWM"
"Inexpensive and lots of options, making it a great choice for temporary coverage."
#7
Term Insurance
4.0
(6)
"Get 10x your annual salary on a 20 years term."
"30 year term with benefit 10x your income."
"My first step of advice is to at least start with a term insurance plan of 20 years minimum."
"Term insurance for sure. The most you can get without breaking the bank."
"Term unless you have serious medical issues. With a child rider."
"Buy as much term insurance as you can comfortably afford."
#8
Insurance Company
4.0
(6)
"Term Life Insurance is affordable at age 28, with options for $1M to $2M coverage."
"Not a bad price for whole life insurance compared to term policies."
"The advice to buy term and invest the difference is solid, especially since dividends can cover costs."
"Switched to a term life insurance policy for better coverage and lower premiums."
"I have a $1 million 10-year term life insurance that I pay $700 per year. This depends on how healthy you are."
"If you don't have any dependents, then I would just get a small term insurance policy to cover funeral costs."
#9
Guardian
4.8
(5)
"Guardian is a top-rated company offering strong whole life policies."
"They weren't as cheap as some others but the cover and reported speed of payout was what won us over."
"In March we received the life insurance part."
"The critical illness part was paid in January."
"I say NYL, NWM, Guardian, WM. FOR WHOLE."
#10
Zander
4.4
(5)
"We used Zander and it beat the brakes off of northwestern mutual policy we had from old college friend that started selling insurance."
"Went through Zander. $800k for $93 a month."
"For term, I used Zander as a broker (company that Dave Ramsey supports) and they found me several companies to compare."
"I literally just went through the process with Zander (broker) and it was surprisingly easy cheap and informative."
"Still worth shopping around an independent agent or something like zander.com"
#11
VUL
5.0
(4)
"The VUL is like $300/yr for 20 years and $100k coverage, why not?"
"VULs are an excellent tool for long term savings and tax-free growth."
"A VUL on a child that is properly designed and funded is one of the best strategies you can do outside of a 529."
"I have a Variable Universal Life (VUL) policy for my kids, and I believe it’s an excellent choice for gifting."
#12
New York Life
4.3
(4)
"I work for New York Life and love it!"
"Most companies have convertible term options. Nyl is solid though."
"If you're looking for a career position, I'd recommend New York Life. Strong product and good training but highly focused on whole life and LTC."
"I say NYL, NWM, Guardian, WM. FOR WHOLE."
#13
Northwestern Mutual
4.0
(4)
"I’d say for whole life I’ve had great success with Northwestern Mutual."
"I say NYL, NWM, Guardian, WM. FOR WHOLE."
"Whole life (Yes Reddit, some people actually do this...) Stick with the mutual companies: Mass Mutual, Penn Mutual, NWM"
"Northwestern Mutual is able to provide me Life Insurance with a spinal cord injury and previous medical history and my friend that had type 1 diabetes."
#14
Empire Life
4.0
(4)
"Empire Life is a solid company, but if you have their Term 10, there’s something important to keep in mind - their exchange feature isn’t contractual."
"Yup, Empire are one of the good ones"
"Empire Life is a good company with strong competitive insurance rates, no issues with them!"
"I’ve typically had really good rates with empire insurance for younger healthier people and Canada life"
#15
Sun Life
4.0
(4)
"If sa Sun ka na talaga kukuha, then it is Sunlife Fit and Well."
"Sun fit and well for me. Covered ang critical illness and may life insurance na din."
"I got a $1 million 10 year term policy from Sun Life for $700 per year back in 2017."
"Manulife and Sun Life are great but usually cost more."
#16
AIA
4.0
(4)
"AIA Critical Protect 100 covers 100 minor and major critical illness up to age 100."
"Search for AIA Critical Protect 100, it has coverage for critical illness until age 100."
"The AIA Critical Protect 100 plan covers a range of 100 minor and major critical illnesses."
"Axa Health Max and AIA Critical Protect 100. Both are cheaper but provides almost the same coverage."
#17
Canada Life
3.8
(4)
"Nowadays, I primarily use Canada Life and Empire Life with my clients, because they are solid companies with good policies and good service."
"Canada Life is another good option."
"Stick with the big brands, Canada life, RBC (usually has very competitive rates for term), are two very good companies sure term insurance."
"I bought Canada Life because I had a very horrible experience with Manulife which was the other company my broker suggests."
#18
Prudential
4.7
(3)
"Prudential was great when my husband passed. They were compassionate and professional when I filed the death claim."
"I purchased a retirement income annuity from Prudential, based on my positive experience with the firm."
"Prudential is preferred rates."
#19
RBC
3.3
(4)
"If you want the lowest price, which is common, then RBC or wawanesa in most common cases."
"Stick with the big brands, Canada life, RBC (usually has very competitive rates for term), are two very good companies sure term insurance."
"RBC and Manulife also offer good policies. The thing I hate about Manu is their TERRIBLE service."
"RBC's quote is also higher than the market average."
#20
Ethos
4.3
(3)
"I ended up going with Ethos. The whole process took about 15 minutes online, no medical exams needed - just answered some health questions honestly. Got approved quickly and my $750k coverage costs less than my streaming subscriptions combined."
"I ended up going with ethos. wasn’t even on my radar until someone mentioned it here actually. i liked that it was 100% online (no awkward phone calls or in-person medical stuff)"
"If you're looking for an easy, hassle-free experience, Ethos is worth considering. They streamline the process with no medical exams for most applicants and offer competitive term life options."
#21
SelectQuote
4.3
(3)
"Stick with term life insurance only for both parents... Go to SelectQuote.com for quotes."
"You can get quotes from several top insurance companies all at once from SelectQuote.com."
"Try Selectquote for comparisons."
#22
Pacific Life
4.0
(3)
"Pacific Life offers competitive rates and guidelines for family history."
"Pacific Life is a strong company that has been fair with underwriting."
"Good conversion options available."
#23
MetLife
4.0
(3)
"MetLife."
"Metlife"
"If you are an AOPA member they offer group coverage through MetLife with no aviation exclusions."
#24
Haven Life
4.0
(3)
"A 20 or 30-year term with $500k is a good start. If you're planning for a house and family, maybe go for $600k or $700k. Companies like Haven Life or Ladder are worth checking out."
"For a $5 million policy, try Haven Life or Policygenius. Make sure to check rates based on your health condition."
"Term life for you and your husband is best. Don’t need it for kids. Try Haven Life or Ladder."
#25
Mutual of Omaha
4.0
(3)
"I know Omaha mutual is known for good acceptance rates and also good affordability"
"In the funeral industry mutual Omaha and prudential are best for processing claims."
"They offer up to $50k for insurance, which is a good option for kids."
#26
Whole Life
4.0
(3)
"Whole life at 25 is dirt cheap. It’ll be worth a fuck ton if you pay in it til 65."
"Would not do a variable policy but both of my kids have 'plain Jane' whole life policies."
"If you want to keep a life insurance policy into old age, whole life is the way to go."
#28
Penn Mutual
3.0
(3)
"Their term has been repriced and is extremely competitive. All their term policies are convertible to any permanent product for ten years."
"Whole life (Yes Reddit, some people actually do this...) Stick with the mutual companies: Mass Mutual, Penn Mutual, NWM"
"Penn mutual has lost some of their financial stability. They sold and bought large books of UL contracts that are now collapsing and it might tank their cash reserves."
#29
Lincoln
4.0
(2)
"Lincoln offers a variety of life insurance products."
"USAA is great for veterans and offers competitive rates."
#30
Axa
4.0
(2)
"Axa Health Max are the best option given their price as well as the coverage."
"Axa Health Max and AIA Critical Protect 100. Both are cheaper but provides almost the same coverage."
#31
Insurance Broker
4.0
(2)
"If you need more I would recommend an insurance broker. They can and will compare a bunch of policies and get the best coverage for your situation."
"Get a broker that is not beholden to one company."
#32
Thrivent
4.0
(2)
"We have ours through thrivent and had a great experience w them!"
"Thrivent has excellent financial ratings and options."
#33
Gerber
2.7
(3)
"Gerber is far from the cheapest option for Final Expense."
"Look at Gerber and Globe life insurance for online quotes to get an idea of cost."
"If their policies are through Gerber, they may have a 2 yr wait."
#34
Fidelity
4.0
(2)
"Talked to fidelity and they told me 67 bucks a month for 450k (20 years)."
"They told me 67 bucks a month for 450k (20 years)."
#35
Cincinnati Life
3.5
(2)
"Lowest cost life insurance for child is term insurance and Cincinnati Life will approve children under age 18."
"I believe Cincinnati Life will offer up to $100,000 of term to infants."
#36
Primerica
2.5
(2)
"I was able to get a 35 year term at 500k for 37 a month from Primerica."
"Avoid Primerica like th"
#37
Equitable Whole Life
5.0
(1)
"Best company currently for kids par whole life is generally equitable."
#38
Broker Services
5.0
(1)
"Based on my experience I really recommend going through a broker, the rates they wound up getting for us were so much more competitive than anything I found on my own."
#39
Nanshan
5.0
(1)
"Definitely. I have mine through Nanshan"
#40
TransGlobe Life Insurance
5.0
(1)
"Yes, for example TransGlobe Life Insurance in Hsinchu"
#42
Polish Falcons of America
5.0
(1)
"Cheapest non med final expense is Polish Falcons of America."
#43
AARP
5.0
(1)
"Final expense whole life policy that includes casket vault and headstone... This type of policy never terminates, builds cash value, and pays out in 24 hours if you choose a good company."
#44
Manulife
5.0
(1)
"I am glad I have this insurance as it provides significant coverage for life, critical illness, and disability."
#45
Universal Life
4.0
(1)
"I have my universal life that cost me $100 a month worth $150k. I'm keeping it for my daughter."
#46
International Life Insurance
4.0
(1)
"Check into international life insurance companies."
#47
Permanent Life Insurance
4.0
(1)
"Since you want to pay for 30 years, why not get a permanent policy wherein you pay the premium for the same amount of time but then have an actual asset that will benefit your child?"
#48
Guaranteed Universal Life (GUL)
4.0
(1)
"You can buy 250k of GUL from several companies on a newborn."
#49
20 Pay Whole Life Insurance
4.0
(1)
"A participating 20 pay whole life policy would do you well!"
#50
Participating Whole Life Insurance
4.0
(1)
"Either a participating whole life or IUl."
#51
New York Life Insurance
4.0
(1)
"New York Life Insurance is a legit insurance company."
#52
North American Term Life Insurance
4.0
(1)
"There are some companies (like North American) that you could buy term and convert to a money gaining product."
#53
AIA Guardian Life Insurance for Seniors
4.0
(1)
"I’ve read that AIA Guardian offers policies for seniors."
#54
Rates Comparison
4.0
(1)
"I would have an independent agent get her some rates from a quoting engine."
#55
Term4Sale
4.0
(1)
"May want to start your search at term4sale.com"
#56
Mutual
4.0
(1)
"Speak with a trusted Broker to help narrow down a carrier for you. Mutual, Transamerica, F&G, Ameritas etc."
#57
AIA Ascend
4.0
(1)
"I suggest you take a look at AIA Ascend or AIA A+ Signature as these plans have guaranteed cash payouts"
#58
AIA A+ Signature
4.0
(1)
"I suggest you take a look at AIA Ascend or AIA A+ Signature as these plans have guaranteed cash payouts"
#59
Kaiser
4.0
(1)
"Agree with Kaiser. But I would also say check term4sale.com to get an idea on what rates could/should look like."
#60
AIA Signature +
4.0
(1)
"Example of this is AIA Signature +, may fixed % amount na binibigay every 2 years after the 6th year."
#61
Transamerica
4.0
(1)
"Transamerica had good term rates for people over 70."
#62
VA
4.0
(1)
"VA life insurance under 80 is a guaranteed acceptance for whole life up to 40k policy"
#63
Lincoln Financial
4.0
(1)
"Two carriers I use for prior family history is Lincoln Financial and Prudential."
#64
IUL
4.0
(1)
"Term is a good option. And IUL would likely be the first place I would look."
#65
Banner
4.0
(1)
"Banner (Legal and General) is one of the cheapest, best carriers for pure term life."
#66
Aviva
4.0
(1)
"I got a policy for Death & TPD $1M + ECI & CI $100K for which I was paid just over 1K a year."
#67
Income
4.0
(1)
"Income (the company) should have lower premiums as compared to aia."
#68
Cathay
4.0
(1)
"Cathay will provide coverage at the same cost/rates as Taiwanese."
#69
MTL
4.0
(1)
"They have been there for long time and its coverage is til age of 75."
#70
Aviva, Legal and General
4.0
(1)
"Avvia and Legal and General are good, solid, well managed and heavily regulated companies."
#71
Banner Life, Prudential, Haven Life
4.0
(1)
"Compare quotes from providers like Banner Life, Prudential, or Haven Life."
#72
Optifino
4.0
(1)
"A friend of mine recently got a policy done with a company called Optifino, supposedly they compare across all carriers."
#73
Variable Universal Life Insurance
3.0
(1)
"I suggest comparing the long-term costs of VUL versus traditional plans."
#74
Final Expense Plans
3.0
(1)
"These are final expense plans."
#75
Term or Permanent Insurance
3.0
(1)
"Are you looking for term or permanent insurance?"
#76
AAA Rated Insurance Companies
3.0
(1)
"I'd check out AAA rated companies to start."
#77
Unisure
3.0
(1)
"I took a plan out with Unisure a few years ago. Process was smooth enough."
#78
Colonial Penn
3.0
(1)
"I’ve personally never worked with Colonial Penn, but you might want to also look at Mutual of Omaha."
Discover your audience
GummySearch is an audience research toolkit for 130,000 unique communities on Reddit.
If you are looking for startup problems to solve, want to validate your idea or find your customers online, GummySearch is for you.
Sign up for free, get community insights in minutes.
Tell me more
Get started
