Best Life Insurance in Arizona for 2024 (Find the Top 10 Companies Here)
| Insurance Company | Rank | Policy Discount | A.M. Best | Best For | Jump to Pros/Cons |
|---|---|---|---|---|---|
 |
#1 | 8% | A | Affordable Options | Transamerica |
 |
#2 | 8% | A+ | Customer Focus | Mutual of Omaha |
 |
#3 | 8% | A | Financial Stability | AIG |
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#4 | 12% | A+ | Flexible Policies | Prudential |
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#5 | 8% | A+ | Investment Choices | Pacific Life |
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#6 | 8% | A+ | Wealth Building | Lincoln Financial |
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#7 | 30% | B | Local Agents | State Farm |
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#8 | 12% | A+ | Wellness Programs | John Hancock |
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#9 | 15% | A++ | Lifetime Value | New York Life |
 |
#10 | 10% | A+ | Comprehensive Coverage | Guardian |
What You Should Know
- Find the best life insurance
Affordable Life Insurance Rates in Arizona You Can Trust
| Insurance Company | Term Policy | Whole Policy |
|---|---|---|
|
$23 | $190 |
|
$37 | $235 |
|
$30 | $215 |
|
$27 | $203 |
|
$22 | $185 |
|
$35 | $225 |
|
$25 | $197 |
|
$24 | $183 |
|
$29 | $205 |
|
$20 | $175 |
Comprehensive Life Insurance Coverage Options in Arizona
| Claim Type | Portion of Claims | Cost per Claim |
|---|---|---|
| Death Benefit | 45% | $50,000 |
| Critical Illness | 20% | $30,000 |
| Disability Income | 15% | $25,000 |
| Accidental Death | 12% | $40,000 |
| Funeral/Final Expense | 8% | $10,000 |
| Category | Grade | Explanation |
|---|---|---|
| Average Monthly Premium | B+ | Arizona's rates are lower than the national average. |
| Coverage Options | A- | Providers offer robust term and whole life options. |
| Customer Satisfaction | B | Mixed reviews for claims processing efficiency. |
| Discounts Availability | A | Many opportunities to reduce premiums. |
| Provider Selection | A | Wide variety of top-rated life insurers. |
| Factor | Value |
|---|---|
| Average Life Insurance Claim | $25000 |
| Total Life Insurance Claims (Yearly) | $20000 |
| Accidental Death Claims | $4500 |
| Disability-Related Claims | $3200 |
| Critical Illness Claims | $2700 |
Maximize Your Savings with Life Insurance Discounts in Arizona
| Insurance Company | Available Discount |
|---|---|
|
Wellness Program, Multi-Policy, Non-Smoker, Preferred Health, Term Conversion, Active Lifestyle |
|
Vitality Program, Non-Smoker, Multi-Policy, Healthy Lifestyle, Family, Good Health |
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Preferred Health, Non-Smoker, Multi-Policy, Spouse, Wellness Program, Healthy Habits |
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Non-Smoker, Healthy Lifestyle, Multi-Policy, Family, Early Payment, Good Health |
|
Multi-Policy, Spouse, Loyalty, Healthy Lifestyle, Non-Smoker, Safe Occupation |
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Non-Smoker, Preferred Health, Multi-Policy, Loyalty, Family, Good Health |
|
Healthy Lifestyle, Spouse, Multi-Policy, Good Health, Preferred Risk, Early Payment |
|
Multi-Policy, Healthy Habits, Spouse, Non-Smoker, Loyalty, Safe Occupation |
|
Multi-Line, Accident-Free, Good Health, Non-Smoker, Loyalty, Family |
|
Healthy Lifestyle, Multi-Policy, Family Benefit, Employer-Sponsored, Loyalty, Term Conversion |
| Discount Name | Grade | Savings | Participating Providers |
|---|---|---|---|
| Multi-Policy Discount | A | 10% | State Farm, Allstate, Farmers |
| No Smoking Discount | A- | 12% | New York Life, Prudential |
| Annual Payment Discount | B+ | 8% | Northwestern Mutual, MetLife |
| Good Health Discount | B | 15% | AIG, Transamerica |
| Long-Term Policy Discount | B- | 10% | Mutual of Omaha, Guardian |