Best Life Insurance Companies In Pennsylvania For 2024

My research brought me to the decision that MassMutual was most deserving of the title “Best Overall” due to its many strong points. This company has a wide selection of quality insurance products, including term life, whole life, and universal life, all at competitive rates.

MassMutual also offers an impressive array of riders that can be added to your policy, too.

MassMutual’s sales agents are thoroughly trained in all areas of life insurance, and they only represent MassMutual’s insurance products, nobody else’s. These agents are sometimes referred to as “career agents” due to their knowledge of the company’s life insurance products.

This makes these agents well qualified to answer questions consumers might need answered. This is helpful to policyholders, or those still shopping around, who don’t know much about life insurance and want or need to know more.

MassMutual’s financial strength was another key influence in my ratings. This company has received the highest possible rating from AM Best (A++ Superior) based on its sturdy financial standing, along with its ability to settle claims.

My award of Best Overall shows MassMutual’s dedication to offering a wide range of insurance products, in addition to a well-trained sales and service team. This award wasn’t based on just price, although its rates are competitive. MassMutual might not have the brand recognition or market share of some of its competitors, but it’s a noteworthy insurance carrier in Pennsylvania.

Mutual of Omaha has been in business, and meeting the life insurance needs of seniors, for over 100 years. America’s older group of citizens put their faith in Mutual of Omaha, not due to its television show “Mutual of Omaha’s Wild Kingdom,” but because of its numerous strengths, among them the comprehensive training its agents receive on how to best serve the life insurance needs of the senior niche market.

This company is known for its wide variety of senior life insurance products, especially two that were designed exclusively for older people with health issues. One of these products is a guaranteed-issue policy that doesn’t require a medical examination or even access to your medical history, which elevates it to a favorite for seniors with serious health problems such as cancer, heart disease or stroke.

The second product is a simplified-issue policy that, while you are required to provide your medical history, you don’t have to undergo a medical exam. This policy is ideal for seniors with minor health problems such as hypertension (high blood pressure) or Type II Diabetes.

MassMutual, Pennsylvania’s top life insurer, offers the sound financial footing that consumers want in an insurance company. It also has cost- premiums, another perk that consumers find attractive. Other providers might have low cost term life insurance, but MassMutual’s rates are your best bet if you’re looking for high quality at a low price.

Although it isn’t wise to select your life insurance on price alone, you should be aware that MassMutual offers the most cost-friendly rates in Pennsylvania. MassMutual is better known for professionalism instead of low prices, but the company is committed to expanding its market share in Pennsylvania, and is using aggressive price strategies to reach this objective.

Transamerica knows its own strengths, and one of those strengths is offering low-price life insurance rates for young adults. The company realizes that a lot of younger people are frugal with their financial expenditures, especially when the purchase is an intangible product such as life insurance. Because of this, Transamerica makes it a priority to keep rates within the spending guidelines of a demographic that wants to have maximum life insurance coverage without a maximum price tag.

Transamerica also understands that for this younger age group, doing business online is what they’re accustomed to and familiar with. The company’s website is designed to be fast, smooth and easy to navigate and transition from one section to another.

Young adult consumers expect an online experience that’s user-friendly with crystal clear information that they can move through quickly and efficiently. Transamerica’s website provides that experience, making it possible for visitors to access the site with ease. Transamerica believes that everybody, regardless of age or financial situation, deserves the protection and peace of mind that is provided by life insurance.

Of the companies that I reviewed for this research, Transamerica came in the lowest in customer service. This might be due to Transamerica only using independent agents for sales as well as service. Some independent agents, working without company supervision, probably have room for considerable improvement in those areas, which would account for the less than perfect ratings in customer service.

J.D. Powers is a top marketing research firm in the United States, founded in 1909. This prestigious firm has long ranked State Farm as a life insurance company with superlative customer satisfaction. This commendation is a result of State Farm’s dedication to excellent customer service. It probably isn’t surprising, as State Farm has more agents in the field than any other insurance company in the nation.

State Farm is recognized for its great customer service, which is an area that’s appreciated by policyholders. State Farm also excels by placing many local offices where policyholders can meet fin person with local agents to get whatever help they need, when they need it.

State Farm receives acclaim for its superior customer service and quick claims process. Claim processing is a key area in the landscape of a life insurance company, and even more so when loved ones are mourning, dependent on an insurance provider for help that’s timely and compassionate.

Nationwide is a reputable company with numerous local sales and service offices, making customer service easy and convenient for policyholders. The company’s famous slogan: “Nationwide is on your side,” holds true for smokers who reside in Pennsylvania and are actively looking around to purchase life insurance at a rate that won’t break the bank.

Nationwide’s rates for smokers may be higher than some of its competitors, but I think it’s still a viable choice for smokers because of its easy access to agents, excellent customer service, local offices, and competitive rates.