Best Life Insurance Companies in Houston, TX

Nationwide has excellent financial ratings and customer satisfaction levels, making them one of the best life insurance companies in the industry. Their rates are also highly competitive.

Nationwide are top players within the insurance industry, aptly using a blanket as their choice of marketing symbol to represent an added layer of security. Highly qualified career agents make up the team at Nationwide, along with a network of independent agents who have been purposefully chosen to represent them as a company.

Offering a complete line of life insurance products, Nationwide provides both term and permanent life insurance policies, in which a customer can opt for whole life, universal life, and variable universal life insurance. There is also a plan available that doesn’t ask for a medical examination.

Purchasing life insurance from Nationwide is a seamless transaction. Local branches are available around Houston, for an in-person discussion, or they will refer you to a Nationwide career agent after a phone call to their home office, depending on your individual needs.

Nationwide’s financial ratings are exceptional, along with the satisfactory levels of their customers, further proving them to be one of the best life insurance providers available on the market. Highly competitive rates are also a factor in their success.

MassMutual is regarded as the second-best life insurance provider overall in Houston. Despite having their head office in Massachusetts, MassMutual has provided the people of Houston with life insurance for many years.

The team at MassMutual are highly qualified and have received a lot of training throughout their careers. Their method of determining the best type and face amount of life insurance for clients involves a comprehensive life insurance needs analysis.

MassMutual offers various life insurance products. These include universal life insurance, whole life insurance, and term life insurance. They also offer a variable universal life policy, combining mutual funds with a death benefit to increase cash value.

Their overheads are slightly higher than competitors due to the maintenance of their Class A offices located up and down the country, as well as funding the training of their employees. Regardless, their rates are competitive across all products.

Transamerica is notable in San Francisco for its famous pyramid building; however, they are also well represented in Houston with a large network of independent life insurance agents that sell its policies. They are renowned for their affordable term life insurance, including its term life product available for young adults.

On top of their great rates, the company also offers a fantastic online experience to encourage young people to purchase life insurance, given that it is a more popular method for the younger generations, as well as providing quotes through their website.

For those who prefer an in-person discussion, Transamerica has a ‘Locate an Agent’ feature on its website, helping you to find a nearby agent who represents the company.

Earning an A+ (Superior) rating from A.M. Best, USAA are financially strong, having exceptional claims payment ability. The company’s property and casualty products cater to active military members, veterans, and their families, however, all U.S citizens or permanent residents can purchase their life insurance policies – even if they have no military connections.

Their dedicated ‘Survivor Relations’ team supports loved ones of the deceased policy owner, helping them in settling claims across all accounts and policies. On top of this, USAA offers a guaranteed issue life insurance product that is issued by Mutual of Omaha. This product is available in Houston, with no medical exam necessary.

For more affordable premiums in Houston, we recommend MassMutual – offering the most competitive rates for both men and women and beating other established insurers such as State Farm, Prudential, Nationwide, and Mutual of Omaha. Their understanding of the profitability of the term life insurance marketplace for providers means that they have priced their products accordingly.

MassMutual is a great choice for those seeking term life insurance, offering policies that last 1, 10, 15, 20, 25, or 30 years – with coverage starting at $100,000. If policy owners decide they need permanent coverage at a later date, then the majority of term life policies are able to be converted to permanent life insurance policies, such as whole life or universal life.

Additionally, their reputation for customer service is second to none – receiving fewer complaints than expected, according to the National Association of Insurance Commissioners. MassMutual also ranked 9th out of 22 for customer satisfaction in JD Power’s 2022 U.S ranking of insurance companies.

I personally worked with Mutual of Omaha as a licensed agent for over five years. Because of my association with the company, I witnessed first-hand their in-depth knowledge of the senior market. For instance, as part of their senior life product line, a guaranteed issue whole life product is included, which is issued – no matter what your health history is. What this means is that you will not be denied coverage, however, the rates do tend to be higher because of the financial risk that comes with it.

Paying the higher rates expected of a guaranteed issue policy can be avoided, with their simplified issue product for seniors. As part of the application for this simplified issue product, applicants are required to answer a few medical questions, however, a medical examination is not necessary. Rates for this product are lower, but coverage is not always guaranteed. Your application may be rejected if you have a history of heart problems or cancer.