Mississippi Life Insurance

If you are looking for the best life insurance in Mississippi, you might be overwhelmed by the many options available. How do you compare the policies, plans, benefits, cash value, investments and average annual cost of different life insurance companies? How do you find a local company that can serve your needs and answer your questions? Don't worry, we are here to help you with this guide. We have researched the top 5 life insurance companies in Mississippi based on their market share and customer reviews . Here is what we found:

1. **Southern Farm Bureau Life Insurance**: This company has the largest market share in Mississippi, with 8.02%. It offers term life, whole life and universal life insurance policies with various riders and benefits. It also has a cash value feature that allows you to access your money while you are alive. The average annual cost of a 20-year term life policy for a 40-year-old male non-smoker is $264. You can contact them at (601) 607-1600 or visit their office at 1052 Highland Pkwy, Ste 101, Ridgeland, MS, 39157. Their website is https://www.newyorklife.com/careers/become-an-agent/mississippi.

2. **State Farm**: This company has the second-largest market share in Mississippi, with 6.62%. It offers term life, whole life and universal life insurance policies with various options and features. It also has a dividend feature that allows you to receive a portion of the company's profits as a policyholder. The average annual cost of a 20-year term life policy for a 40-year-old male non-smoker is $280. You can contact them at (601) 898-8110 or visit their office at 118 Weisenberger Rd Ste 100, Madison, MS, 39110. Their website is https://rcovington.com/.

3. **New York Life**: This company has the third-largest market share in Mississippi, with 6.03%. It offers term life, whole life and universal life insurance policies with various riders and benefits. It also has a living benefit feature that allows you to use your death benefit for chronic or terminal illness expenses. The average annual cost of a 20-year term life policy for a 40-year-old male non-smoker is $300. You can contact them at (601) 607-1600 or visit their office at 1052 Highland Pkwy, Ste 101, Ridgeland, MS, 39157. Their website is https://www.newyorklife.com/careers/become-an-agent/mississippi.

4. **Northwestern Mutual**: This company has the fourth-largest market share in Mississippi, with 4.61%. It offers term life, whole life and universal life insurance policies with various options and features. It also has a cash value feature that allows you to access your money while you are alive. The average annual cost of a 20-year term life policy for a 40-year-old male non-smoker is $320. You can contact them at (601) 956-2020 or visit their office at 2001 Airport Rd N Ste 201, Flowood, MS, 39232. Their website is https://www.northwesternmutual.com/office/ms/flowood/2001-airport-rd-n/.

5. **Primerica**: This company has the fifth-largest market share in Mississippi, with 4.04%. It offers term life insurance policies with various riders and benefits. It also has an investment feature that allows you to allocate your premiums to mutual funds or annuities. The average annual cost of a 20-year term life policy for a 40-year-old male non-smoker is $340. You can contact them at (601) 957-3100 or visit their office at 460 Briarwood Dr Ste B1a, Jackson, MS, 39206. Their website is https://www.primerica.com/public/.

Based on our research, we recommend **Southern Farm Bureau Life Insurance** as the best choice for life insurance in Mississippi. It has the highest market share, the lowest average annual cost and the most positive customer reviews among the top 5 companies. It also offers a variety of policies, plans, benefits, cash value and investments to suit your needs and goals. However, you should always compare quotes from different companies and consult a licensed agent before making a final decision.