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

State Farm, Northwestern Mutual, and New York Life lead the best life insurance in Washington, with rates as low as $25/month.

When looking for life insurance in Washington state, you should consider both term and whole life options with term rates ranging from $25 to $32 a month from the top companies.

Company	Rank	Bundling Discount	A.M. Best	Best For	Jump to Pros/Cons
	#1	17%	B	Local Agent	State Farm
	#2	12%	A++	Dividend-Paying Policies	Northwestern Mutual
	#3	11%	A++	Flexible Coverage	New York Life
	#4	13%	A+	Outdoor Benefits	Prudential
	#5	7%	A+	Affordable Term	Banner Life
	#6	4%	A+	Long-Term Care	Mutual of Omaha
	#7	5%	A+	Retirement Planning	Pacific Life
	#8	7%	A-	No-Medical-Exam Policies	Globe Life
	#9	11%	A++	Dividend-Paying Policies	Guardian Life
	#10	20%	A+	Online Tools	Nationwide

Understanding life insurance health classifications is important, as non-smokers in Washington can save up to 25% on their premiums. If you’re looking for life insurance quotes in Washington DC, try our comparison tool and find the cheapest coverage that fits your needs.

What You Should Know

• State Farm ranks as Washington's top life insurance provider with a 17% bundling discount
• Northwestern Mutual is known for consistently paying the highest dividends in the industry
• New York Life rounds out Washington's top life insurance providers with the most flexible coverage options

#1 – State Farm: Top Overall Pick

Pros

• Extensive Local Network: Offers the most extensive network of local agents, making it easier for residents to get personalized life insurance quotes in Washington DC and surrounding areas.
• Premium Bundling Benefits: Provides exceptional bundling discounts of 17% for Washington residents who combine life insurance with other policies, leading to significant savings.
• Agent Development Program: As mentioned in our review of State Farm insurance, its local presence makes obtaining a life insurance license in Washington state more straightforward through their agent mentorship program.

Cons

• Financial Rating: The B rating from A.M. Best may concern some Washington residents seeking long-term financial stability.
• Premium Costs: Their whole life insurance policies start at $88, which is higher than some competitors offering coverage in Washington NC.

#2 – Northwestern Mutual: Best for Dividend Payments

Pros

• Industry-Leading Dividends: Consistently pays some of the highest dividends among life insurance companies in Washington state.
• Financial Strength: Their A++ rating demonstrates superior financial strength for Washington policyholders seeking long-term security.
• Education Resources: Offers comprehensive study materials for those preparing for the life insurance exam in Washington. Looking for no medical exam? read our best no medical exam life insurance options.

Cons

• Coverage Minimums: Their minimum policy coverage amounts are higher than other best life insurance in Washington providers.
• Licensing Costs: The life insurance license Washington state cost through their program can be more expensive than alternatives.

#3 – New York Life: Best for Flexible Coverage

Pros

• Coverage Flexibility: Provides the most flexible coverage options among life insurance companies in Washington state.
• Financial Security: Their A++ rating ensures excellent financial stability for Washington residents seeking long-term protection. Find out how to buy life insurance for someone else effortlessly.
• Professional Development: Offers specialized training programs for those pursuing a life insurance license in Washington state.

Cons

• Premium Rates: Their whole life insurance premiums starting at $95 are among the highest in Washington.
• Bundling Options: The 11% bundling discount is lower than other top providers of best life insurance in Washington.

#4 – Prudential: Best for Outdoor Benefits

Pros

• Lifestyle Benefits: Unique outdoor lifestyle benefits specifically designed for Washington state's active population.
• Health Incentives: High non-smoker discount of 22% makes them attractive for health-conscious Washington residents.
• Exam Preparation: Comprehensive online resources for preparing for the life insurance exam Washington requirements.

Cons

• Term Rates: Their term life insurance rates starting at $30 are higher than many competitors in Washington NC.
• Rural Coverage: Local agent availability is limited in some rural areas of Washington state.

#5 – Banner Life: Best for Affordable Term Rates

Pros

• Competitive Pricing: As mentioned in our Prudential insurance review, it offers the lowest term life insurance rates starting at $25 in Washington state.
• Health Discounts: Highest non-smoker discount (25%) among all life insurance companies in Washington state.
• Easy Application: Streamlined application process makes obtaining life insurance quotes in Washington DC quick and efficient.

Cons

• Limited Bundling: Limited bundling options with only 7% discount for Washington residents.
• Local Presence: Fewer local offices compared to other providers of best life insurance in Washington.

#6 – Mutual of Omaha: Best for Long-Term Care

Pros

• Specialized Coverage: Specialized long-term care riders unique to Washington state's aging population.
• Affordable Terms: Competitive term life rates at $26 make them affordable for Washington residents, it's also one of the best life insurance companies that let you pay by money order.
• Licensing Support: Comprehensive study materials for the life insurance license Washington state cost and exam.

Cons

• Bundling Benefits: Low bundling discount of only 4% compared to other Washington providers.
• Digital Tools: Limited online tools for policy management in Washington NC.

#7 – Pacific Life: Best for Retirement Planning

Pros

• Retirement Integration: Industry-leading retirement planning integration with life insurance in Washington state.
• Payment Flexibility: Flexible premium payment options for Washington residents facing financial changes (Read More: Life Insurance Companies With Rates That Stay the Same).
• Professional Support: Dedicated support for those pursuing a life insurance license in Washington state.

Cons

• Auto-Pay Benefits: Minimal automatic payment discount of 4% for Washington policyholders.
• Location Access: Limited physical presence across Washington state locations.

#8 – Globe Life: Best for No Medical Exam

Pros

• No-Exam Options: No medical exam policies specifically designed for Washington state residents.
• Digital Experience: Simple online application process for getting life insurance quotes in Washington DC.
• Competitive Rates: Competitive term life rates starting at $28 for Washington policyholders.

Cons

• Financial Rating: Lower A.M. Best rating (A-) compared to other best life insurance in Washington providers.
• Coverage Options: Limited rider options for Washington state residents, however Globe Life is one of the best life insurance companies for people who have been in an accident.

#9 – Guardian Life: Best for Dividend History

Pros

• Dividend Performance: Strong dividend payment history for Washington state policyholders.
• Educational Resources: Comprehensive educational resources for life insurance exam Washington preparation.
• Policy Customization: Excellent range of rider options for Washington residents and its one of the best life insurance companies that offer group insurance.

Cons

• Term Costs: Higher term life insurance rates at $30 for Washington, NC residents.
• Online Services: Limited online policy management tools for Washington state customers.

#10 – Nationwide: Best for Digital Tools

Pros

• Digital Platform: Best-in-class online tools for Washington state policy management.
• Bundling Value: As mentioned in our Nationwide review, it has the highest bundling discount (20%) among all life insurance companies in Washington state.
• Competitive Pricing: Affordable term rates starting at $27 with competitive features for Washington residents.

Cons

• Agent Network: Fewer local agents compared to other providers of best life insurance in Washington.
• Specialty Coverage: Limited specialty coverage options for Washington state's unique needs.

Compare Best Life Insurance in Washington State

When looking for the best life insurance in Washington state you should consider both term and whole life policies. Washington residents have several options to choose from with competitive rates. To get life insurance quotes in Washington DC or Washington state you can work with licensed agents who will help you determine your needs and budget.

Insurance Company	Term Policy	Whole Policy
	$25	$75
	$28	$78
	$30	$85
	$26	$80
	$27	$82
	$32	$95
	$31	$93
	$29	$90
	$30	$92
	$28	$88

Most providers require a life insurance exam in Washington as part of the underwriting process. This medical exam will help determine your premium rates. However some companies now offer no exam policies but these usually come with higher premiums.

Life insurance in Washington varies based on your situation. Term life insurance provides coverage for a specific period (usually 10-30 years) at lower premiums, it’s popular with young families. Whole life insurance is more expensive but builds cash value over time and lifetime coverage.

Insurance Company	Term Life	Whole Life	Universal Life	Final Expense	No-Medical-Exam
	✅	❌	✅	❌	✅)
	✅	✅	❌	✅	✅
	✅	✅✅	✅❌
	✅	✅	✅	✅	✅
	✅	✅	✅	❌	✅
	✅	✅	✅	✅	❌
	✅	✅	✅	❌	❌
	✅	❌	✅	❌	✅
	✅	❌	✅	✅	✅
	✅	✅	✅	✅	✅

Required coverage amounts depend on income, debt and family size. Financial advisors recommend 10-15 times your annual income. Consider adding riders like disability or long term care coverage to your policy.

Maximum Savings for Washington Life Insurance

When looking for the cheapest life insurance in Washington, you need to know what discounts are available. Life insurance companies in Washington state offer big savings, especially for healthy people and non-smokers, with discounts ranging from 15-25%. Top companies like Banner Life and New York Life have the biggest non-smoker discounts at 25% and 22% respectively.

Insurance Company	Non-Smoker	Healthy Lifestyle	Bundling	Loyalty	Automatic Payment
	25%	12%	10%	9%	6%
	15%	8%	8%	7%	5%
	20%	10%	12%	9%	6%
	18%	9%	12%	8%	6%
	20%	10%	12%	8%	5%
	22%	10%	15%	10%	6%
	20%	10%	12%	9%	5%
	18%	9%	10%	7%	4%
	22%	11%	15%	10%	6%
	20%	10%	15%	10%	6%

Beyond traditional life insurance discounts, Washington life insurance companies reward customer loyalty and automatic payments. State Farm and Prudential stand out by offering combined savings up to 31% (15% for bundling and 10% for loyalty). For the best life insurance in Washington, look for companies that offer stackable discounts - combining fitness trackers for healthy lifestyle, bundling and auto pay can get you total savings of 35% or more.

Try longer term payments or higher deductible. Some companies also offer a rate reduction for taking an approved financial planning course or setting up an estate plan.

Top-Rated Life Insurance Companies in Washington State

State Farm, Northwestern Mutual, and New York Life lead the best life insurance in Washington, with State Farm offering a huge local agent network, Northwestern Mutual's industry-leading dividend payments, and New York Life featuring highly customizable coverage options.

For residents seeking affordable life insurance in Washington state, you should know everything when applying for life insurance, and comparing multiple quotes online makes it easy to find providers with competitive rates starting at $25 per month.

It’s no joke how much money you can save when you bundle with the Personal Price Plan®. It is pretty funny though. 😁 pic.twitter.com/COhT4EGKg0

— State Farm (@StateFarm) December 10, 2024

Give your loved ones the gift of financial security by entering your ZIP code to find life insurance that doesn’t break the bank.