10 Best Life Insurance Policies Compared for 2021

Find the best life insurance policy for the lowest price. We’ve done all the mind-numbingly boring research so that you don’t have to! Read more about our unbiased ranking methodology and advertiser disclosure.

Top Life Insurance Scored, Ranked & With Cost

Use our below table to quickly compare the best life insurance providers in the United States. The average monthly prices shown are based on a healthy 35-year-old Californian male who is 5’9″ and weighs 175 lbs for a 20 year term a $250,000 death benefit amount. Costs may vary depending on age, location, coverage amount, and various other health factors. Prices are accurate as of September 2021 and are subject to change. For the most up-to-date information, please visit the provider website.

bestow
4.9
  • SwiftScore
      Our SwiftScore is a unique and proprietary life insurance ranking system objectively comparing key metrics which are most important. Learn more at the end of this page.

PRICE FOR $250,000 DEATH BENEFIT 

$21.00/mo

MEDICAL EXAM REQUIRED?

No

BEST
POLICY FOR

Ages
18 to 60

  • Bestow makes it possible to get covered in under 8 minutes via their hassle-free online application process
  • Quickly get a quote and secure life insurance coverage of up to $1.5M without a medical exam
  • Founded in 2016 and underwritten by North American Life Insurance Company
policy genius
4.9
  • SwiftScore
      Our SwiftScore is a unique and proprietary life insurance ranking system objectively comparing key metrics which are most important. Learn more at the end of this page.

PRICE FOR $250,000 DEATH BENEFIT

$16.00/mo

MEDICAL EXAM REQUIRED?

In some cases

BEST
WEBSITE FOR

Comparing
Policies

  • Compare dozens of life insurance policies from all the major providers in one place
  • Easily filter for the coverage you want and get support from their award-winning customer service team
  • Founded in 2012, Policygenius has helped hundreds of thousands of people find affordable life insurance policies
lemonade
4.8
  • SwiftScore
      Our SwiftScore is a unique and proprietary life insurance ranking system objectively comparing key metrics which are most important. Learn more at the end of this page.

PRICE FOR $250,000 DEATH BENEFIT

$21.21/mo

MEDICAL EXAM REQUIRED?

No

BEST
POLICY FOR

Young Families

  • Lemonade offers a 100% digital term life application. If approved, you can get up to $1.5 million of coverage in minutes
  • No doctor’s visits, blood tests, or paperwork are required to sign up for comprehensive coverage
  • Founded in 2015 as a certified B Corp, on certain products, Lemonade donates unclaimed premium dollars to nonprofit organizations selected by policyholders
haven life
4.7
  • SwiftScore
      Our SwiftScore is a unique and proprietary life insurance ranking system objectively comparing key metrics which are most important. Learn more at the end of this page.

PRICE FOR $250,000 DEATH BENEFIT

$14.93/mo

MEDICAL EXAM REQUIRED?

In some cases

BEST
POLICY FOR

Holistic
Wellness

  • Haven Life offers a holistic program that helps you enjoy a more healthy lifestyle
  • Impressive customer satisfaction track record and easy sign up process
  • Founded in 2014 and underwritten by MassMutual
ladder
4.7
  • SwiftScore
      Our SwiftScore is a unique and proprietary life insurance ranking system objectively comparing key metrics which are most important. Learn more at the end of this page.

PRICE FOR $250,000 DEATH BENEFIT

$17.95/mo

MEDICAL EXAM REQUIRED?

No, up to $3M

BEST
POLICY FOR

Flexible
Terms

  • Ladder makes it easy to remove or apply for more coverage while the policy is in force
  • Ideal for young families with ever-changing needs with coverage up to $8M per person
  • Founded in 2015. Policies issued by Allianz Life Insurance Company of North America and Allianz Life Insurance Company of New York
4.6
  • SwiftScore
      Our SwiftScore is a unique and proprietary life insurance ranking system objectively comparing key metrics which are most important. Learn more at the end of this page.

PRICE FOR $250,000 DEATH BENEFIT

$16.34/mo

MEDICAL EXAM REQUIRED?

In some cases

BEST
POLICY FOR

Whole
Life

  • Mutual of Omaha allows individuals to convert term to permanent life insurance
  • Multiple term and whole life insurance options for a variety of consumers needs
  • Founded in 1909, Mutual of Omaha is a mutual insurance company supported by its members
fabric
4.5
  • SwiftScore
      Our SwiftScore is a unique and proprietary life insurance ranking system objectively comparing key metrics which are most important. Learn more at the end of this page.

PRICE FOR $250,000 DEATH BENEFIT

$20.39/mo

MEDICAL EXAM REQUIRED?

In some cases

BEST
POLICY FOR

New
Parents

  • Fabric is a one-stop shop for life insurance, wills, and tools to organize your family’s finances
  • They will match 1% of the term policy’s death benefit coverage and donate it to a charity of the policyholder’s choice
  • Founded in 2015 and underwritten by Vantis Life and Penn Mutual
principal
4.4
  • SwiftScore
      Our SwiftScore is a unique and proprietary life insurance ranking system objectively comparing key metrics which are most important. Learn more at the end of this page.

PRICE FOR $250,000 DEATH BENEFIT

$23.23/mo

MEDICAL EXAM REQUIRED?

In some cases

BEST
POLICY FOR

Universal
Life

  • Principal is one of the nations oldest and best regarded life insurance companies
  • They offer a variety of creative policies including term, universal, indexed universal and survivorship insurance
  • Founded in 1879 and underwritten by Principal Financial Group
prudential
4.3
  • SwiftScore
      Our SwiftScore is a unique and proprietary life insurance ranking system objectively comparing key metrics which are most important. Learn more at the end of this page.

PRICE FOR $250,000 DEATH BENEFIT

$18.85/mo

MEDICAL EXAM REQUIRED?

In some cases

BEST
POLICY FOR

High Net Worth Individuals

  • Prudential offers high coverage limit options for people wanting large death benefit policies
  • They are also one of the oldest and most established life insurance companies
  • Founded in 1875 and underwritten by Prudential Life
pacific life
4.2
  • SwiftScore
      Our SwiftScore is a unique and proprietary life insurance ranking system objectively comparing key metrics which are most important. Learn more at the end of this page.

PRICE FOR $250,000 DEATH BENEFIT

$13.45/mo

MEDICAL EXAM REQUIRED?

In some cases

BEST
POLICY FROM

An Established Brand

  • Pacific Life doesn’t allow for online quotes, instead you are required to speak to an agent
  • On policies up to $249,999 there’s no medical exam required
  • Founded in 1868 and underwritten by Pacific Mutual Holding Company

bestow
4.9
  • SwiftScore
      Our SwiftScore is a unique and proprietary life insurance ranking system objectively comparing key metrics which are most important. Learn more at the end of this page.

PRICE FOR $250,000 DEATH BENEFIT

$21.00/mo

MEDICAL EXAM REQUIRED?

No

BEST
POLICY FOR

Ages
18 to 60

  • Bestow makes it possible to get covered in under 8 minutes via their hassle-free online application process
  • Quickly get a quote and secure life insurance coverage of up to $1.5M without a medical exam
  • Founded in 2016 and underwritten by North American Life Insurance Company

SwiftScore Ranking Methodology

We ranked the best life insurance policies based on a variety of important factors including the following:

  • Average monthly starting price for a healthy 35-year-old Californian male with a 90210 zip who is 5’9″ and weighs 175 lbs for a 20 year term with a $250,000 death benefit amount
  • AM Best rating of the underwriter
  • Whether or not a medical exam is required
  • Death benefit amount options
  • Claims experience and complaints
  • Technology and user experience
  • Ease of sign up
  • Policy language clarity
  • User reviews