MoneyGeek’s research determined that MassMutual is the best life insurance company in Las Vegas. Rates start at $12 per month for $250K in coverage and at $22 per month for state-recommended coverage.
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeeks Head of Insurance. He has been studying the insurance market for more than five years, doing his own research and making content that is specific to each type of buyer. He has been quoted in several insurance-related publications, including [CNBC](https://www. cnbc. com/2020/04/15/cant-keep-up-with-insurance-premiums-heres-what-to-do. html), [NBC News](https://www. nbcnews. com/business/autos/flooded-cars-are-problem-their-owners-future-car-buyers-n1278493) and [Mashable](https://mashable. com/article/tesla-insurance-rates). A bachelor’s degree from Boston College and a master’s degree in economics and international relations from Johns Hopkins University are what Fitzpatrick has to offer. He really wants to use his knowledge of insurance and economics to make financial topics clearer and help people feel good about the choices they make with their money.
Katherine Kurtz, Ph. D. , is the Managing Editor at MoneyGeek, with 15 years of experience in academic and content editing. She got her Ph.D. in philosophy from Villanova University, where she also taught part-time and was in charge of running Hypatia, a feminist philosophy journal with peer review. Kurtz supports “education as a practice of freedom” (bell hooks) and wants to give herself and others power by sharing money-related information and tools with everyone.
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeeks Head of Insurance. He has been studying the insurance market for more than five years, doing his own research and making content that is specific to each type of buyer. He has been quoted in several insurance-related publications, including [CNBC](https://www. cnbc. com/2020/04/15/cant-keep-up-with-insurance-premiums-heres-what-to-do. html), [NBC News](https://www. nbcnews. com/business/autos/flooded-cars-are-problem-their-owners-future-car-buyers-n1278493) and [Mashable](https://mashable. com/article/tesla-insurance-rates). A bachelor’s degree from Boston College and a master’s degree in economics and international relations from Johns Hopkins University are what Fitzpatrick has to offer. He really wants to use his knowledge of insurance and economics to make financial topics clearer and help people feel good about the choices they make with their money.
Katherine Kurtz, Ph. D. , is the Managing Editor at MoneyGeek, with 15 years of experience in academic and content editing. She got her Ph.D. in philosophy from Villanova University, where she also taught part-time and was in charge of running Hypatia, a feminist philosophy journal with peer review. Kurtz supports “education as a practice of freedom” (bell hooks) and wants to give herself and others power by sharing money-related information and tools with everyone.
Life insurance helps you care for your beneficiaries through financial support even after you pass away. We looked at rates based on gender, age, and smoking history to help you find the best Las Vegas life insurance companies for you.
Living in exciting Las Vegas means enjoying the glitz and glam of the Strip. But it also means protecting your loved ones, which is why getting life insurance is so important. With so many providers to choose from, how do you find the right life insurance company for you?
I’ve done the research to identify the top life insurance companies in Las Vegas based on cost financial strength customer satisfaction, and more. Keep reading to learn which providers offer the best policies and rates so you can protect your family and finances.
Factors for Comparing Life Insurance Companies
When reviewing life insurance companies I looked at several key factors
- Cost – Premium rates for healthy individuals as well as those with medical conditions
- Customer Satisfaction – Policyholder satisfaction scores from third-party rating sites
- Financial Strength – Independent ratings of an insurer’s ability to pay out claims
- Coverage Options – Types of life insurance policies available
Additionally, I checked whether companies had any recent regulatory issues or frequent complaints. Combining all these factors provides a clear picture of which insurers are the best fit for Las Vegas residents needing life insurance.
The Top Las Vegas Life Insurers
1. Legal & General America
Legal & General America tops my list as the best overall life insurance company in Las Vegas They offer very competitive rates across all ages and health profiles. Their term life policies come with level premiums up to 40 years, which is longer than many other providers
Legal & General America has strong financial strength ratings and positive customer satisfaction scores. While their underwriting process can take a bit longer than some competitors, they remain a great choice for affordable, long-lasting life insurance in Las Vegas.
2. Lincoln Financial
Lincoln Financial shines when it comes to offering affordable coverage for marijuana users and applicants with pre-existing health conditions. Their rates for daily cannabis use are fantastic compared to most companies who lump marijuana users in with tobacco users. They also provide lower premiums for medical histories involving depression, heart disease, and stroke.
In addition to great pricing, Lincoln Financial has highly rated term and no-exam policies. They do have some coverage gaps since they don’t offer life insurance in New York. Overall though, Lincoln Financial beats the competition for those needing non-standard policies.
3. Prudential
Prudential has over 150 years of experience providing life insurance across America. Their rates for seniors over 60 are very competitive compared to other leading insurers. They have more flexible financial requirements for older applicants as well.
Prudential offers all the standard policy types like term, whole, and no-medical-exam coverage. While younger buyers may find better pricing elsewhere, Prudential remains a go-to option for purchasing life insurance later in life.
4. MassMutual
MassMutual is my pick for the best whole life insurance in Las Vegas. Permanent policies like whole life cost significantly more than term insurance, but they accrue cash value and offer lifetime coverage. MassMutual pays some of the highest dividends to policyholders of any major insurer.
MassMutual also has exceptional financial strength as one of only a few companies to receive an A++ rating from AM Best. The combination of strong dividends and a top-tier financial position make MassMutual a great choice for whole life insurance.
5. Brighthouse Financial
Brighthouse Financial has the best rates and offerings when it comes to no-medical-exam life insurance. Their policies only require answering health history questions, making them convenient and fast to purchase. Approval decisions come in as little as 24 hours.
Younger individuals will find Brighthouse Financial’s term life pricing very affordable too. The quick process and competitive pricing make Brighthouse a go-to for those wanting coverage without the hassle of a medical exam.
Finding the Right Fit
While this list highlights the top Las Vegas life insurance companies, make sure to compare quotes across multiple providers. Small differences in pricing or plan details could make another insurer a better fit for your situation.
I always recommend getting quotes from 5-10 companies to find the right policy. This ensures you don’t overpay while still getting sufficient coverage to protect your loved ones.
Working with an independent broker like Policygenius can make the process even easier. Their licensed experts will compare quotes across top insurers to match you with the best life insurance company for your needs.
Key Factors to Consider
Here are a few important things to keep in mind as you shop for life insurance:
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Coverage Amount – Make sure to choose a policy with sufficient benefits to replace your income and cover final expenses. Common guidelines are 10-15x your annual salary.
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Premiums – Select a premium amount that fits comfortably within your budget. Term life offers the most affordable rates in nearly all cases.
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Health Class – Insurers will classify you as a Preferred, Standard, or Substandard risk based on your medical history. This greatly impacts your premiums.
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Length – For term life insurance, choose a duration that covers your family’s financial needs but don’t overpay for unnecessary extra years.
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Riders & Features – Consider adding supplemental benefits like accidental death, disability, or chronic illness riders.
Protect Your Las Vegas Lifestyle
Most Popular Life Insurance Companies in Nevada
The three most popular life insurance companies in Nevada are Prudential Financial Inc. , New York Life and Lincoln Financial with respective market shares of 6%, 6% and 5%. The total market share of the seven most popular insurance companies in Nevada is 34%.
In the table below, you’ll find a table of the seven most popular companies in Nevada.
| New York Life | Market Share6% |
| Prudential | Market Share6% |
| Lincoln Financial | Market Share5% |
| Northwestern Mutual | Market Share5% |
| Transamerica | Market Share4% |
| State Farm | Market Share4% |
| Pacific Life | Market Share4% |
A market share is defined as the percentage of a company’s revenue when compared to its competitors. Based on S&P Global’s 2020 market intelligence reports, MoneyGeek assessed the top-performing insurance providers in Nevada.
Ensure youre getting the best rate for your life insurance. Compare quotes from the top insurance companies.Your ZIP
Best Cheap Life Insurance in Las Vegas
Coverage amount and gender are two major factors that determine the cost of your life insurance. MassMutual is the cheapest company for men in Las Vegas. For $250K in coverage, premiums are only $12 a month. MassMutual is also the most affordable option for women at $9 per month.
A coverage amount of $250K might not be enough for you and your loved ones. Usually, the state-recommended coverage is a helpful guide to determine how much you might need. In Nevada, the recommended life insurance coverage is $788K. This amount is based on the average age, average income, average personal debt, and cost of living in the state, among other things.
Nevada recommends $788K in coverage. MassMutual’s rates for men are low at $22 per month, and Nationwide’s rates for women are low at $15 per month.
| Cheapest For | $250K Coverage | $788K Coverage (Recommended) |
|---|---|---|
|
Male |
MassMutual |
MassMutual |
|
Female |
MassMutual |
Nationwide |
Life insurance companies in Las Vegas, Nevada
FAQ
How much does life insurance cost in Las Vegas?
|
Company
|
Monthly Cost
|
|
AAA
|
Monthly Cost$17
|
|
Prudential
|
Monthly Cost$19
|
|
Nationwide
|
Monthly Cost$19
|
|
State Farm
|
Monthly Cost$20
|
What are the top 5 life insurance companies?
|
Company
|
Best for
|
AM Best Financial Strength Rating
|
|
Nationwide
|
Customer satisfaction
|
A (Excellent)
|
|
Northwestern Mutual
|
Universal life insurance
|
A++ (Superior)
|
|
Prudential
|
Policy personalization
|
A+ (Superior)
|
|
State Farm
|
Term life insurance
|
A++ (Superior)
|
How much is $100,000 life insurance cost?
How much does a $50000 life insurance policy cost per month?
How does life insurance work in Las Vegas?
Nevada extends consumer protections to Las Vegas residents and governs how life insurance companies must do business in the state. In Nevada, life insurance companies must provide new customers a 10-day free look period when a new policy goes into effect.
What is the best life insurance company in Las Vegas?
Legal & General America, which also does business as Banner Life and William Penn, is the best overall life insurance company in Las Vegas, with flexible terms lasting up to 40 years and affordable rates offered to an inclusive range of applicants.
What types of life insurance are available in Las Vegas?
Other types of policies available in Las Vegas include universal life insurance, which has both a death benefit and cash value component, and burial insurance, which provides a smaller death benefit to cover burial costs and generally does not require a medical examination.