Top 10 Life Insurance Companies in the US – A Comprehensive Guide

top 10 term life insurance companies in usa

Life insurance is a financial product intended to help you and your loved ones in the unfortunate event of your death. The money from a life insurance contract can be used for final expenses, estate taxes, new mortgage payment, education fund for kids, or other expenses as deemed fit by the policyholder. If you’re thinking about buying life insurance, you should look at getting long-term coverage rather than short-term policies that only last for a few years. Life insurance has several different types with varying benefits and premiums. This article will introduce you to the top 10 life insurance companies in the US based on their market value as of June 2018. You will also learn about their services and products offered if you are interested in buying any of them.

  1. American Equity Investment Corp.
  2. Ameriprise Financial Inc.
  3. AXA Equitable Life Insurance Co.
  4. Farmers New World Life Insurance Co.
  5. Genworth Financial Inc.
  6. Great-West Life Assurance Company of Canada
  7. Guardian Life Insurance Company of America
  8. Mutual of America Inc.
  9. Nationwide Mutual Insurance Company
  10. New York Life Insurance Company

American Equity Investment Corp.

American Equity Investment Corp. is a diversified financial services company based in Omaha, Nebraska. It provides insurance, financial advice, and asset management services to individuals and corporations. It has a market capitalization of $20.29 billion. American Equity Investment Corp. offers life insurance products such as term and whole life insurance. It also offers investment, savings, and retirement products such as mutual funds, annuities, and securities.

Ameriprise Financial Inc.

Ameriprise Financial Inc. is a financial services company based in Minneapolis, Minnesota. It offers a wide range of financial products and services to individuals, corporations, and institutions globally. It has a market capitalization of $18.08 billion. Ameriprise Financial Inc. offers a wide range of insurance solutions such as life, disability, long-term care, as well as investment products such as mutual funds, annuities, and exchange-traded funds (ETFs).

AXA Equitable Life Insurance Co.

AXA Equitable Life Insurance Co. is a subsidiary of AXA, a global financial services company based in Paris, France. It provides a wide range of insurance, investment management, and asset management services to individuals and corporate clients. It has a market capitalization of $9.75 billion. AXA Equitable Life Insurance Co. offers various types of life insurance plans such as term life, whole life, and universal life. It also offers savings and investment products such as mutual funds, annuities, and managed accounts.

Farmers New World Life Insurance Co.

Farmers New World Life Insurance Co. is a diversified financial services company based in Des Moines, Iowa. It offers a wide range of insurance, financial, and real estate services to individuals and businesses. It has a market capitalization of $4.06 billion. Farmers New World Life Insurance Co. offers several types of life insurance plans such as term life, whole life, and universal life. It also offers savings and investment products.

Genworth Financial Inc.

Genworth Financial Inc. is a financial services company based in Richmond, Virginia. It offers a variety of life insurance products, as well as mortgage insurance policies. It has a market capitalization of $2.01 billion. Genworth Financial Inc. offers a wide range of life insurance plans such as term life, whole life, and universal life. It also offers savings and investment products such as mutual funds and annuities.

Great-West Life Assurance Company of Canada

Great-West Life Assurance Company of Canada is a financial services company based in Winnipeg, Manitoba. It offers a wide range of financial products and services, including life and health insurance, retirement products, and wealth management services. It has a market capitalization of $1.97 billion. Great-West Life Assurance Company of Canada offers a variety of life insurance plans such as term life, whole life, and universal life. It also offers investment and savings products.

Summing up

Life insurance is a financial product intended to help you and your loved ones in the unfortunate event of your death. The money from a life insurance contract can be used for final expenses, estate taxes, new mortgage payment, education fund for kids, or other expenses as deemed fit by the policyholder. If you’re thinking about buying life insurance, you should look at getting long-term coverage rather than short-term policies that only last for a few years. Life insurance has several different types with varying benefits and premiums. This article will introduce you to the top 10 life insurance companies in the US based on their market value as of June 2018. You will also learn about their services and products offered if you are interested in buying any of them.

Conclusion

Life insurance is a financial product intended to help you and your loved ones in the unfortunate event of your death. The money from a life insurance contract can be used for final expenses, estate taxes, new mortgage payment, education fund for kids, or other expenses as deemed fit by the policyholder. If you’re thinking about buying life insurance, you should look at getting long-term coverage rather than short-term policies that only last for a few years. Life insurance has several different types with varying benefits and premiums. This article will introduce you to the top 10 life insurance companies in the US based on their market value as of June 2018. You will also learn about their services and products offered if you are interested in buying any of them.