Minnesota Life Insurance

Life insurance is a crucial financial protection for your loved ones in case of your death. But how do you choose the best life insurance company and policy for your needs? In this article, we will compare the top 5 life insurance companies in Minnesota based on their policies, plans, benefits, cash value, investments, average annual cost and local company information. We will also give you our recommendation for the best life insurance company in Minnesota.

The top 5 life insurance companies in Minnesota are:

- **Baxter Insurance Group**: This is an independent insurance agency that works with multiple carriers to offer you the best coverage and price. They offer term life, whole life, universal life and indexed universal life insurance policies. They also offer annuities and other investment products. The average annual cost of a term life policy for a 40-year-old male non-smoker in Minnesota is $240. The local company information for Baxter Insurance Group is: 8374 Brandon Rd, Baxter, MN, 56425; (218) 855-0331; https://www.baxterinsurancegroup.com/.

- **T. Tobin & Associates Inc American Family Insurance**: This is a branch of American Family Insurance, one of the largest mutual insurance companies in the US. They offer term life, whole life and universal life insurance policies. They also offer global travel medical insurance and adventure travel insurance for extra protection abroad. The average annual cost of a term life policy for a 40-year-old male non-smoker in Minnesota is $260. The local company information for T. Tobin & Associates Inc American Family Insurance is: 14391 Edgewood Dr Ste 110, Baxter, MN, 56425; (218) 824-6116; https://amfam.com/agents/minnesota/baxter/trevor-tobin.

- **MoneyGeek**: This is an online platform that helps you compare quotes from different life insurance companies based on your gender, age and smoking history. They also provide ratings and reviews of each company based on their financial strength, customer satisfaction and policy features. The average annual cost of a term life policy for a 40-year-old male non-smoker in Minnesota is $230. The local company information for MoneyGeek is: N/A; N/A; https://www.moneygeek.com/insurance/life/best-life-insurance-minnesota/.

- **Policygenius**: This is another online platform that helps you compare quotes from different life insurance companies based on your coverage needs and preferences. They also provide expert advice and guidance on choosing the best policy for you. They offer term life, whole life, universal life and no-medical-exam life insurance policies. The average annual cost of a term life policy for a 40-year-old male non-smoker in Minnesota is $250. The local company information for Policygenius is: N/A; N/A; https://www.policygenius.com/life-insurance/minnesota/.

- **State Farm**: This is one of the most well-known and trusted insurance companies in the US. They offer term life, whole life and universal life insurance policies. They also offer other financial products such as banking, investing and retirement planning. The average annual cost of a term life policy for a 40-year-old male non-smoker in Minnesota is $270. The local company information for State Farm is: Various locations across Minnesota; Various phone numbers depending on location; https://www.statefarm.com/insurance/life.

Our recommendation for the best life insurance company in Minnesota is **Baxter Insurance Group**. They have the lowest average annual cost among the top 5 companies, and they offer a wide range of policies and plans to suit your needs. They also have a high customer satisfaction rating and a local presence in Baxter, MN.