Missouri Life Insurance

Life insurance is a vital financial protection for your loved ones in case of your untimely death. However, choosing the right life insurance company and policy can be challenging, especially with so many options available in the market. To help you make an informed decision, we have compared the top 5 life insurance companies in Missouri based on their policies, plans, benefits, cash value, investments, average annual cost and local company information. Here are our findings:

1. Nationwide: Nationwide offers term, whole, universal and variable universal life insurance policies with flexible coverage options and riders. Some of the benefits of choosing Nationwide are its high financial ratings, low premiums, living benefits rider, accelerated death benefit rider and long-term care rider. Nationwide also has a wide range of investment options for its variable universal life policyholders, such as mutual funds, index funds and exchange-traded funds. The average annual cost of a 10-year term policy with $250,000 coverage for a 31-year-old non-smoker in Missouri is $127.56 for males and $112.44 for females. The local company information for Nationwide in Missouri is:

    - Kevin Stokes Agency Llc American Family Insurance

    - Address: 920 S Aurora St, Eldon, MO, 65026

    - Phone: (573) 392-3701

    - URL: https://www.amfam.com/agents/missouri/eldon/kevin-stokes

2. MassMutual: MassMutual offers term, whole, universal and variable universal life insurance policies with competitive rates and benefits. Some of the advantages of choosing MassMutual are its strong financial reputation, dividend-paying whole life policies, guaranteed acceptance whole life policies for seniors, disability income rider and long-term care rider. MassMutual also has a variety of investment options for its variable universal life policyholders, such as stocks, bonds and money market funds. The average annual cost of a 10-year term policy with $250,000 coverage for a 31-year-old non-smoker in Missouri is $119.88 for males and $112.80 for females. The local company information for MassMutual in Missouri is:

    - Bly Insurance Group

    - Address: 1750 S. Brentwood Blvd, Suite 710, Missouri, MO 63144

    - Phone: (314) 963-1313

    - URL: https://blyinsurance.com/

3. Mutual of Omaha: Mutual of Omaha offers term, whole and universal life insurance policies with affordable rates and benefits. Some of the perks of choosing Mutual of Omaha are its simplified underwriting process, no medical exam policies, guaranteed renewable term policies, living promise whole life policies for seniors and chronic illness rider. Mutual of Omaha does not offer variable universal life policies or investment options for its policyholders. The average annual cost of a 10-year term policy with $250,000 coverage for a 31-year-old non-smoker in Missouri is $132.36 for males and $132.36 for females. The local company information for Mutual of Omaha in Missouri is:

    - Crestwood Insurance Agency

    - Address: 50 Crestwood Executive Center Suite 200, Missouri, MO 63126

    - Phone: (314) 729-0054

    - URL: https://crestwoodinsuranceagency.com/

4. Transamerica: Transamerica offers term, whole and universal life insurance policies with reasonable rates and benefits. Some of the features of choosing Transamerica are its flexible coverage options and terms, high coverage limits up to $10 million, living benefits rider, critical illness rider and terminal illness rider. Transamerica also offers index universal life policies that allow policyholders to link their cash value growth to a market index such as the S&P 500. The average annual cost of a 10-year term policy with $250,000 coverage for a 31-year-old non-smoker in Missouri is $181.08 for males and $156.12 for females. The local company information for Transamerica in Missouri is:

    - David Pope Insurance

    - Address: 101 S Oak St., Missouri, MO 63084

    - Phone: (636) 583-0800

    - URL: https://www.davidpopeinsurance.com/

5. State Farm: State Farm offers term, whole and universal life insurance policies with reliable rates and benefits. Some of the benefits of choosing State Farm are its excellent customer service ratings, level term policies, return of premium policies, dividend-paying whole life policies and care benefit rider. State Farm does not offer variable universal life policies or investment options for its policyholders. The average annual cost of a 10-year term policy with $250,000 coverage for a 31-year-old non-smoker in Missouri is $225.60 for males and $239.64 for females. The local company information for State Farm in Missouri is:

    - Douglas Otto American Family Insurance

    - Address: 1013 Madison St, Jefferson City, MO, 65101

    - Phone: (573) 635-7911

    - URL: https://amfam.com/agents/missouri/jefferson-city/douglas-otto

Recommendation: Based on our comparison, we recommend Nationwide as the best life insurance company in Missouri for most people. Nationwide offers the lowest average annual cost, the most flexible coverage options and riders, and the most diverse investment options for its policyholders. However, your choice of life insurance company and policy may depend on your personal needs, preferences and budget. Therefore, we suggest that you compare quotes from multiple companies and consult with a licensed agent before making a final decision.