Best Life Insurance in Arkansas for 2025 (Find the Top 10 Companies Here)

New York Life, Guardian, and Northwestern Mutual are our top picks for best life insurance in Arkansas. All three have reputations for solid coverage and great value.

Arkansas life insurance rates start as low as $48 per month with Nationwide, but our top three companies have better financial strength and investment options, just at a higher monthly premium.

Company	Rank	A.M. Best	Whole Policy	Best For	Jump to Pros/Cons
	#1	A+	$355	Digital Convenience	New York Life
	#2	A++	$345	Disability Options	Guardian
	#3	A++	$340	Investment Plans	Northwestern Mutual
	#4	A+	$310	Coverage Variety	Prudential
	#5	A++	$290	Agent Support	State Farm
	#6	A	$285	Living Benefits	Transamerica
	#7	A+	$275	No-Exam Policies	Mutual of Omaha
	#8	A	$235	Simplified Coverage	Globe Life
	#9	A+	$225	Affordable Rates	Banner Life
	#10	A+	$95	Policy Flexibility

If you're wondering, do I need life insurance? Keep reading to learn what each Arkansas life insurance provider has to offer, from affordable rates to a service that's custom-tailored to you.

What You Should Know

• Cheap Arkansas life insurance quotes start at $48 a month
• New York Life as a superior A++ financial rating
• Guardian stands out for great value plans with disability benefits

Stop overpaying for life insurance. Our simple tool helps you compare personalized quotes from trusted, top-rated providers in your area so you can find the right coverage at the best possible price.

#1 – New York Life: Top Overall Pick

Pros

• Wide Policy Selection: From term to whole life, including some of the best no medical exam life insurance options in Arkansas, there are policies to fit your life insurance needs.
• Financial Strength: New York Life provides your Arkansas life insurance with a long-term stability through its financial strength.
• Dividend Payments: Customers who buy whole life insurance in Arkansas can earn annual dividend payments that can be applied to premiums or mailed as a check.

Cons

• Complex Policies: Understanding the full scope of your life insurance in Arkansas options may require detailed consultation.
• Agent-Only Sales: To finalize your life insurance in Arkansas plan, you'll need to work with a company agent.

#2 – Guardian: Best for Disability Options

Pros

• Disability Benefits Included: One of the best Arkansas life insurance companies for additional coverage benefits not offered by most life insurance providers.
• Family-Oriented Coverage: Guardian offers a suite of products for families in Arkansas, from life insurance to retirement plans and investment planning (Read More: Can you buy life insurance for someone else?).
• Strong Financial Backing: Guardian's stability in Arkansas provides a safety net for your life insurance beneficiaries.

Cons

• Higher Premiums: Enhanced benefits may come with a steeper life insurance costs in Arkansas.
• Limited Digital Tools: In Arkansas, you may not be able to access your life insurance online.

#3 – Northwestern Mutual: Best for Investment Plans

Pros

• Investment Integration: Northwestern Mutual allows you to combine financial planning and life insurance in Arkansas for a complete strategy.
• Personalized Financial Guidance: Local advisors help you make smarter decisions when structuring your life insurance in Arkansas.
• Reputation for Stability: Northwestern Mutual gives Arkansas life insurance shoppers reliable coverage and ranks high for long-term financial strength.

Cons

• Agent Required: You’ll need to work directly with a representative to buy life insurance in Arkansas. Learn more in our ultimate guide to life insurance.
• No Online Quotes: Shopping for life insurance in Arkansas is less convenient without instant online quote tools.

#4 – Prudential: Best for Coverage Variety

Pros

• Diverse Coverage Options: Prudential offers several policy types for life insurance in Arkansas, giving you the ability to find one that works for your lifestyle.
• Trusted Name in the Industry: Prudential is known for Stability and reliability with a superior financial rating from A.M. Best.
• Flexible Term Lengths: Prudential offers adjustable policy lengths for flexible term life insurance in Arkansas needs. Read our Prudential review for more.

Cons

• Longer Underwriting Process: Be prepared for a slower approval timeline when applying for life insurance in Arkansas with Prudential.
• Limited Digital Engagement: Interacting with your life insurance provider online might be less intuitive in Arkansas.

#5 – State Farm: Best for Agent Support

Pros

• Top Shelf Customer Support: Top-notch customer service to help manage your Arkansas life insurance policy with a knowledgeable agent.
• Reliable Policy Options: Arkansas life insurance is flexible, allowing you to create a life your policy that suits your personal and family goals.
• Strong Local Presence: With so many agents, life insurance in Arkansas is easy to find and get help in person. Read our State Farm review for more.

Cons

• Limited Online Tools: If you prefer digital options, managing your life insurance in Arkansas online may feel limited with State Farm.
• Agent-Dependent Services: Most services require you to contact an agent, which may delay changes to your Arkansas existence-insurance coverage.

#6 – Transamerica: Best for Living Benefits

Pros

• Living Benefits Feature: Transamerica allows you to access funds from your life insurance in Arkansas while still alive, if needed.
• Flexible Term Options: Easily find short- or long-term life insurance in Arkansas that suits your needs, including life insurance that covers funeral expenses.
• Health-Based Discounts: Earn 6%-11% discounts on Arkansas life insurance rates for healthy living and a family medical history without any long-term issues, like heart disease.

Cons

• Inconsistent Customer Feedback: Some customers report mixed experiences with life insurance in Arkansas through Transamerica.
• Confusing Policy Options: Understanding your life insurance choices in Arkansas may take extra time without guidance.

#7 – Mutual of Omaha: Best for No-Exam Policies

Pros

• No Medical Exam Options: Mutual of Omaha has simplified underwriting, allowing for more relaxed health conditions to qualify for life insurance in Arkansas.
• Fast Application Process: Its streamlined process makes it quick and efficient to apply for life insurance in Arkansas.
• Established Reputation: Mutual of Omaha is a recognized name in Arkansas for the best hybrid life insurance and long term care policies.

Cons

• Limited Customization: Limited options for customized plans in Arkansas, which some individuals may require.
• Few Rider Options: If you want to add more coverage to your life insurance in Arkansas, you might find fewer add-ons available.

#8 – Globe Life: Best for Simplified Coverage

Pros

• Quick Policy Activation: If you need immediate coverage, Globe Life provides fast access to life insurance in Arkansas.
• Straightforward Coverage: Perfect for users searching for life insurance in Arkansas without any hidden catches, including the best life insurance for parents.
• No Medical Exam Required: Getting life insurance in Arkansas with Globe Life is simple — no health checks needed.

Cons

• Limited Coverage Options: Globe Life  is not fit for high-level life insurance policy investments in Arkansas.
• Limited Customization: Limited features for customizing your life insurance policy in Arkansas.

#9 – Banner Life: Best for Affordable Coverage

Pros

• Affordable Rates: For Arkansas residents with limited budgets looking for life insurance, consider Banner Life.
• Simple Policy Structure: Straightforward coverage options make Arkansas life insurance less complicated.
• Efficient Approval Process: Banner Life is a great way to get life insurance in Arkansas without waiting. Learn how in our Banner Life review.

Cons

• Limited Policy Variety: Life insurance in Arkansas through Banner may seem limited if you need a lot of options.
• Decreased Brand Recognition: As a relatively new player, some consumers may shy away from buying an Arkansas life insurance policy from a company they don't know very well.

#10 – Nationwide: Best for Policy Flexibility

Pros

• Flexible Policy Features: Get more options for managing your life insurance coverage in Arkansas, allowing you to better adapt coverage as your needs change.
• Range of Riders: You can upgrade your life insurance in Arkansas through several riders for additional coverage. Learn more in our Nationwide review.
• Strong Brand Recognition: As a trusted and familiar name, Nationwide brings added confidence to your life insurance choices in Arkansas.

Cons

• Complex Policy Options: If you’re new to buying life insurance in Arkansas, the range of choices might feel overwhelming.
• Lengthy Underwriting: Approval for some plans may take time when applying for life insurance in Arkansas.

Arkansas Life Insurance Rate & Coverage Comparison

Let’s examine how some of the best life insurance companies compare in terms of costs. Nationwide has the cheapest life insurance in Arkansas for both term and whole life insurance. Monthly rates start at $48.

Insurance Company	Term Policy	Whole Policy
	$58	$225
	$52	$235
	$78	$345
	$63	$275
	$48	$95
	$82	$355
	$77	$340
	$73	$310
	$68	$290
	$66	$285

This side-by-side rate comparison of term to whole life is one of the best ways to decide which policy would be a good match for your financial goals.

New York Life and Northwestern Mutual are some of the more expensive Arkansas life insurance companies, but they offer a variety of policy types with a strong financial backing. Here’s an in-depth look at the most common types of life insurance available in Arkansas:

• Term Life Coverage: Providers in Arkansas have affordable terms of 10 to 30 years for families who want to obtain protection during their income-peak years.
• Whole Life Coverage: Companies like Northwestern Mutual and New York Life offer whole life insurance in Arkansas that provides lifelong protection with fixed premiums and growing cash value.
• Universal Life Coverage: These provide Arkansas residents with flexible policies that allow you to adjust premiums and death benefits over time.
• No-Exam Life Insurance: Mutual of Omaha and Globe Life specialize in no-exam policies in Arkansas for those with health concerns who want to get coverage without medical testing.

Which type of life insurance policy generates immediate cash value?. Whole life insurance, including universal and variable whole life, will generate cash value over the life of the policy.

Term life insurance does not generate cash value and only lasts for a set term, which is why it has cheaper Arkansas life insurance rates.

Life Insurance Discounts From Top Arkansas Providers

A great way to save on Arkansas life insurance is by taking advantage of the discounts many providers offer. It’s an easy step that could lead to real savings. Below is a table displaying discounts from the top life insurance companies in Arkansas to help you get a better grasp of how you could save.

Insurance Company	Bundling	Employer-Sponsored	Family History	Good Health	Healthy Lifestyle
	5%	7%	10%	12%	7%
	5%	8%	12%	15%	7%
	5%	10%	12%	15%	10%
	5%	10%	15%	10%	10%
	8%	9%	5%	14%	7%
	3%	10%	10%	15%	7%
	4%	20%	20%	25%	7%
	7%	30%	20%	14%	7%
	6%	10%	15%	12%	10%
	8%	8%	6%	10%	11%

If you’re in good health, have a solid family history, or get coverage through work, it’s definitely worth taking a look. You can even get discounts from these life insurance companies for being healthy.

When you’re buying life insurance in Arkansas, compare the discounts offered by different providers. Bonuses for bundling, employer-sponsored plans, and savings based on good health or lifestyle choices can all accumulate over time.

How to Save on Your Arkansas Life Insurance Policy

Even highly rated providers like New York Life, Guardian and Northwestern Mutual can vary wildly when it comes to rates and coverage options. These insurers are usually financially well-off and provide a long-version-value, however they also have a tendency to be costlier. Being the reason that it’s so important to shop around to find the ideal balance of cost versus coverage. Term life policies are, generally, less costly than permanent policies and a good choice for short- to mid-term needs.

Having coverage when you’re younger and healthier can also help lead to lower premiums. Depending on your unique financial situation and what you want from your policy, other types of permanent life insurance, like modified life insurance, may be worth considering as well.

The savings can add up over time, as many providers offer discounts. Whether it’s whether you are in good health, bundling with other insurance products, or are part of an employer-sponsored plan, these incentives can have a significant impact on the amount of your premium.

Even leading companies, such as New York Life, Guardian or Northwestern Mutual, provide various ways to customize a policy and save money based on your situation. Always review your policy regularly and after major life events to ensure coverage meets your financial goals and coverage needs.

How to File a Life Insurance Claim

However, making a life insurance claim can be an overwhelming process, especially during a time of loss. Each insurance provider has a little different rules so it is important to stay organized and take an orderly approach for each step. This guide is intended to ease recipients as they navigate the claims process with as much ease, confidence and peace of mind as possible.

Step	Action
#1	Find the life insurance policy and contacts.
#2	Notify the insurer of the death via phone or online.
#3	Gather death certificate, claim form and ID.
#4	The claim form is filled out.
#5	Documents are submitted via mail, online, or agent.
#6	Wait 7–30 days for the insurer to process the claim.
#7	Payment is issued upon approval.

Life evolves, and with it, insurance requirements. Whether someone is recalibrating their coverage in light of the unexpected or planning for what lies ahead, they may want to consider these 10 life stages that affect your insurance needs. Knowing these stages helps to continue adjusting their policy to meet their current needs, goals, and responsibilities.

Having a life insurance policy is only half the work done; the other half is reviewing it regularly. Being educated and involved allows people to make decisions that help defend the people and things that they care about. If anything is unclear or if questions arise, they can always check in with the insurance company for guidance and assistance.

The Benefits of Arkansas Life Insurance

New York Life, Guardian, and Northwestern Mutual have the best life insurance in Arkansas, offering a broad selection of terms and investment options suited to both immediate financial needs and future goals.

Whether you’re leaning more towards simple term coverage or more permanent policies that come with additional perks, understanding the perks the best Arkansas life insurance companies offer will help you make an informed decision.

• Living Benefits: Guardian and Transamerica have disability and living benefit riders that allow policyholders to access a percentage of their death benefit while they're alive.
• Final Expense Coverage: Final expense or burial policies are available from companies like Globe Life and Mutual of Omaha, providing smaller coverage amounts to help with funeral and end-of-life costs.
• Lifestyle Discounts: New York Life and Northwestern Mutual offer discounts up to 25% for those with a healthy family history in Arkansas. However, Arkansas life insurance laws govern what benefits you may receive.

From no-exam policies to whole life insurance with cash value, providers in Arkansas offer plenty of flexibility to meet your needs. You’ll also find the top ten among the best life insurance companies that work directly with agents. Say goodbye to high life insurance rates. Compare free Arkansas life insurance quotes to protect your loved ones by entering your ZIP code.