Best Life Insurance Companies in Wyoming

MassMutual earned the Best Overall Runner-Up award due to its outstanding insurance offerings. It provides a range of term, whole, and universal life policies at competitive rates, with customizable rider options. Its agents are experts, trained specifically in MassMutual products, to deliver top-tier service. The company’s financial strength, reflected in its A++ Superior rating from AM Best, ensures reliability. Though not a leading brand in Wyoming, it is still a trusted name in the state.

New York Life, based in New York City and with offices across the state, has been a leading name in life insurance since 1845. It employs thousands and is widely trusted. We recognized it as the best overall for its strong brand and versatile products, including the Million Plus Level Term 10 plan, which offers $1 million or more in coverage with a fixed rate for the first ten years.

After the first ten years, New York Life’s term insurance premiums increase, but conversion to permanent life insurance is available. Their whole life options include flexible payment plans, suitable for those with varying incomes or early payoff preferences. The Secure Wealth Plus plan caters to ages 0 to 60 and can be completed in 10 years. As the third largest U.S. life insurer and largest mutual company, New York Life is our Best Overall pick.

Trusted by seniors for years, Mutual of Omaha gained recognition through its “Wild Kingdom” show and agents trained to meet their unique needs. It offers two life insurance options: a guaranteed-issue policy without health questions or medical exams for serious health issues and a simplified-issue plan with health questions but no exams for manageable conditions like type 2 diabetes.

Mutual of Omaha is a leader in senior-focused insurance, serving a group that pays the highest life insurance premiums. The company specializes in products like Medicare supplements and life insurance, which Baby Boomers and their parents have trusted since childhood. Its reputation is further enhanced by strong mail marketing and well-trained agents.

State Farm’s dedication to its policyholders has earned it consistent recognition from J.D. Power for life insurance customer satisfaction. With the largest network of agents nationwide, the company ensures convenience with local offices for face-to-face service. Families trust State Farm for its quick claims resolution and empathetic support during life’s hardest times.

Transamerica prides itself on offering affordable life insurance for young adults who are focused on budgeting. The company’s website is tailored to meet the needs of younger buyers, providing a seamless experience with clear and concise details. Committed to inclusivity, Transamerica ensures life insurance is available to people of all ages and economic backgrounds.

Life insurance companies struggle to attract young adults, as they typically don’t prioritize coverage until later in life. Despite this, Transamerica markets to this group for its profitability linked to lower mortality rates. Unfortunately, the company ranked poorly for customer service, likely because some independent agents do not meet expected standards.

MassMutual holds the top spot as Wyoming’s premier life insurance provider, offering affordable rates statewide. Despite competition from budget-friendly insurers, MassMutual often provides the best term life insurance rates. Affordability is key for many buyers, and MassMutual excels with term policies offering high coverage limits at reasonable prices. Whole and universal policies are more expensive, reflecting the higher costs of permanent coverage options.

Nationwide enjoys a solid reputation with numerous local offices offering sales and service nationwide. Smokers in Wyoming seeking life insurance will find their motto, “Nationwide is on your side,” to be true. Despite slightly higher rates for smokers compared to top competitors, Nationwide is the preferred option for smokers due to its competitive pricing, accessible agents, and outstanding customer support.