Best Life Insurance in Connecticut for 2025 (Check Out the Top 10 Companies)

Protect your future with the best life insurance in Connecticut, starting at $140 a month from Mutual of Omaha, Prudential, and Northwestern Mutual.

Scroll down to compare top Connecticut insurance companies. Leading providers like Mutual of Omaha, Prudential, and Northwestern Mutual offer unique benefits for seniors tailored to different needs and budgets.

Company	Rank	Bundling Discount	A.M. Best	Best For	Jump to Pros/Cons
	#1	8%	A+	Senior Savings	Mutual of Omaha
	#2	10%	A+	Loyalty Program	Prudential
	#3	10%	A++	Preferred Rates	Northwestern Mutual
	#4	12%	A++	Workplace Benefits	Guardian Life
	#5	10%	A+	Volume Savings	Lincoln Financial
	#6	12%	A++	Healthy Living	MassMutual
	#7	12%	A	Digital Rewards	AIG
	#8	10%	A	Spouse Coverage	Banner Life
	#9	15%	A++	Legacy Protection	New York Life
	#10	9%	A	Wellness Programs	Transamerica

We found that the average cost of term life insurance in Connecticut starts from $20 to $35 monthly. Find cheap life insurance quotes by entering your ZIP code into our free quote comparison tool.

What You Should Know

• Term life policies in Connecticut start at $20 per month, while whole life coverage begins at $140 monthly
• Mutual of Omaha leads with senior-focused coverage and an 8% bundling discount
• Life insurance discounts in Connecticut range from 8-15% with healthy lifestyle rewards

#1 – Mutual of Omaha: Best for Senior Savings

Pros

• Senior-Focused Coverage: No medical exam life insurance policies in Connecticut offer enhanced benefits for policyholders above 65.
• Competitive Rates: Whole life insurance plans for seniors cost $150 monthly across various parts of Connecticut.
• Retirement Integration: Life insurance benefits complement retirement savings for elderly citizens throughout Connecticut.

Cons

• Low Policy Limits: Mutual of Omaha whole life insurance policies in Connecticut only cover up to $25,000.
• No Online Quotes: You must talk to a local agent to get Connecticut life insurance quotes.

#2 – Prudential: Best Loyalty Program

Pros

• Long-term Benefits: Provides life insurance loyalty rewards that increase annually for policyholders. Learn more in our Prudential review.
• Rate Stability: Term life coverage remains affordable at $28 per month across Connecticut service areas.
• Multi-Policy Value: Additional life insurance policies unlock greater savings throughout Connecticut.

Cons

• Poor Customer Service: Ranks below other Connecticut life insurance companies for claims handling and customer service.
• Program Eligibility: Life insurance rewards in Connecticutrequire extended policy maintenance.

#3 – Northwestern Mutual: Best for Preferred Rates

Pros

• Health Incentives: Life insurance rates in Connecticut decrease for those with excellent health records.
• Rate Classification: Healthy non-smokers get cheap life insurance quotes in Connecticut.
• Flexible Underwriting: Life insurance medical assessments ensure fair rates across Connecticut territories.

Cons

• Health Standards: Must meet strict health requirements to get the cheapest Connecticut life insurance from NW Mutual.
• Documentation Requirements: Medical records affect life insurance qualification across Connecticut service areas. (Read More: The Best No Medical Exam Life Insurance Options)

#4 – Guardian Life: Best for Workplace Benefits

Pros

• Employee Programs: One of the best life insurance companies that offer group insurance for small business owners in Connecticut.
• Business Integration: Corporate life insurance plans offer cheap term rates for employees throughout Connecticut.
• Workplace Flexibility: Life insurance benefits transfer between participating employers across Connecticut.

Cons

• Group Limitations: Individual life coverage can cost more than group rates in some parts of Connecticut.
• Limited Online Service: Guardian does not have a mobile app for its life insurance, and you cannot buy Connecticut life insurance online.

#5 – Lincoln Financial: Best for Volume Savings

Pros

• Coverage Scaling: Higher life insurance coverage limits come at cheaper rates than other Connecticut providers.
• Group Discounts: Family life insurance plans offer discounts across Connecticut. Learn about the the best life insurance for parents.
• Multi-Policy Benefits: Combined Connecticut life insurance policies maximize savings with discounts.

Cons

• Minimum Requirements: Premium life insurance discounts require high-value policy limits across Connecticut.
• Complex Structure: Multiple life insurance policies require financial expertise.

#6 – MassMutual: Best for Healthy Living

Pros

• Wellness Rewards: Health-conscious policyholders earn life insurance discounts throughout Connecticut regions.
• Fitness Integration: Connecticut life insurance premiums decrease if you know how to use fitness trackers for wellness rewards.
• Competitive Rates: Whole life coverage starts at $170 monthly, and you can lower rates with healthy activities.

Cons

• Activity Verification: Life insurance wellness programs in Connecticut require regular health updates.
• Medical Exam Required: No medical exam insurance is limited in Connecticut.

#7 – AIG: Best Digital Rewards

Pros

• Online Management: Digital life insurance tools streamline policy management across Connecticut regions.
• Virtual Access: Term life insurance costs $20 monthly and Connecticut life insurance quotes are available online. Compare rates now in our AIG review.
• Tech Integration: Modern life insurance features enhance policy access throughout Connecticut.

Cons

• Platform Limitations: Digital services and limited in-person support challenges some policyholders across Connecticut.
• High-Net Worth Requirements: AIG policies are geared toward investment planning and permanent coverage.

#8 – Banner Life: Best for Spouse Coverage

Pros

• Joint Policies: Married couples receive combined life insurance benefits throughout Connecticut.
• Family Planning: Dual life coverage maintains $140 monthly rates across Connecticut for permanent policies..
• Survivor Benefits: Life insurance policies transfer smoothly between spouses throughout Connecticut. (Read More: Who is considered the next of kin?)

Cons

• Individual Restrictions: Single life insurance applicants in Connecticut pay higher rates.
• Coverage Changes: Divorce affects joint life insurance policies in Connecticut.

#9 – New York Life: Best for Legacy Protection

Pros

• Generational Transfer: Life insurance policies ensure wealth preservation across Connecticut families. (Read More: Are Beneficiaries Responsible for Debts Left by the Deceased?)
• Estate Planning: Premium life coverage at $180 per month protects family legacies throughout Connecticut.
• Asset Protection: Life insurance consultants are available throughout Connecticut to help with financial planning.

Cons

• Premium Costs: New York Life is more expensive than other life insurance companies in Connecticut.
• Structure Complexity: Estate-focused life insurance requires detailed planning, which can be overwhelming if you need basic coverage.

#10 – Transamerica: Best for Wellness Programs

Pros

• Health Engagement: Life insurance wellness programs reward healthy policyholders across Connecticut.
• Lifestyle Benefits: Term life policies cost $25 per month with wellness participation throughout Connecticut.
• Prevention Focus: Life insurance benefits increase with preventive health measures in Connecticut. (Read More: Unvaccinated? You May Pay More for Health Insurance)

Cons

• Program Availability: Wellness-based life insurance programs vary across different Connecticut regions.
• Benefit Tracking: Life insurance wellness rewards require documented participation throughout Connecticut.

Connecticut Life Insurance Rates: Term vs. Whole Policy Costs

Below shows term vs. whole insurance monthly rates from insurers in CT. AIG offers the most competitive term rates, while New York Life is the most expensive Connecticut life insurance company.

Insurance Company	Term Policy	Whole Policy
	$20	$145
	$21	$140
	$31	$165
	$26	$155
	$30	$170
	$23	$150
	$35	$180
	$33	$175
	$28	$160
	$25	$148

Learning how much life insurance you need In Connecticut helps determine whether to choose term policies, which are more affordable, or whole life policies, which range from $140 to $180 monthly. This table explores how life insurance works in Connecticut.

Banner Life offers the lowest whole life premiums at $140 per month. Northwestern Mutual and New York Life, on the other hand, position themselves in the premium segment with rates exceeding $170 per month, representing comprehensive coverage options and excellent financial stability ratings.

Connecticut life insurance providers offer comprehensive coverage options, ensuring policyholders have access to essential benefits. Leading insurers like AIG, Banner Life, and Prudential provide accidental death benefit, waiver of premium, and child rider add-ons, enhancing financial protection.

Insurance Company	Accidental Death Benefit	Waiver of Premium	Child Rider	Chronic Illness Rider	Critical Illness Rider	Terminal Illness Rider
	✅	✅	✅	✅	✅	✅
	✅	✅	✅	✅	✅	✅
	✅	✅	✅	✅	✅	✅
	✅	✅	✅	✅	✅	✅
	✅	✅	✅	✅	✅	✅
	✅	✅	✅	✅	✅	✅
	✅	✅	✅	✅	✅	✅
	✅	✅	✅	✅	✅	✅
	✅	✅	✅	✅	✅	✅
	✅	✅	✅	✅	✅	✅

All listed companies include chronic, critical, and terminal illness riders, allowing policyholders to access funds during serious health conditions.

If you're wondering ""How much does life insurance cost?" Life insurance rates in Connecticut depend on several key factors:

• Age & Health
• Lifestyle Choices
• Location
• Family Medical History
• Healthcare Access

Also, factors such as pre-existing medical conditions, smoking habits, and family health history play a significant role in determining life insurance costs. Understanding these elements helps residents select coverage that aligns with their financial goals and long-term security needs.

Best Life Insurance Discounts and Savings in Connecticut

MassMutual and Mutual of Omaha stand out with specialized discounts such as term-to-permanent conversion incentives and exclusive savings for seniors in Connecticut.

Banner Life and Northwestern Mutual offer attractive family-focused discounts, including spouse coverage savings and family member incentives, while workplace benefits through Guardian and Transamerica provide additional savings through employer-sponsored plans and wellness programs.

Looking deeper into Connecticut's life insurance discounts that maximize savings potential, non-smoker discounts lead the pack with an impressive A grade, offering substantial 25% savings through major providers like Prudential.

Insurance Company	Non-Smoker	Healthy Lifestyle	Bundling	Paperless Billing	Annual Payment	Group Policy
	15%	10%	12%	8%	10%	5%
	12%	8%	10%	5%	10%	4%
	15%	12%	10%	6%	9%	5%
	18%	10%	12%	7%	11%	6%
	16%	12%	14%	8%	10%	5%
	14%	10%	15%	10%	10%	6%
	18%	15%	12%	10%	12%	7%
	15%	10%	10%	8%	10%	5%
	12%	8%	10%	7%	10%	4%
	10%	5%	8%	7%	10%	3%

Multi-policy and group discounts offer moderate savings between 12-15%, while administrative discounts like paperless billing and annual payments provide smaller but valuable savings of 5-7%, helping residents optimize their coverage costs.

Read More: Genius Ways to Save on Insurance and Loans

Connecticut’s Top Life Insurers with Special Features

If you're looking for the best life insurance in Connecticut, three companies stand out. First up is Mutual of Omaha, which really shines with its senior-focused plans and competitive whole life rates at around $150 a month — perfect for retirees and definitely gives them an edge.

Then there's Prudential, known for its awesome loyalty program that actually increases benefits over time, unlike most other companies that just stick to the same rewards.

Lastly, you have Northwestern Mutual, which offers a great preferred rate classification system and a flexible underwriting process that others just can’t compete with.

Is life insurance more expensive in Connecticut? Compared to other states, these top providers maintain competitive rates through their specialized programs. Start comparing costs today with out free comparison tool. Enter your ZIP code to get started.