You already have everything you need to get life insurance quotes
Basic details like your age, gender, date of birth, and ZIP code
Individual and household income
Health and lifestyle information, like your height, weight, and basic medical details
All the same information for your spouse, if you’d like to get coverage for them too
What is life insurance?
Life insurance is the best way to provide a financial safety net for your loved ones in the event of your death.
After signing a contract, you make regular payments to an insurance company. In exchange, the insurance company will pay a tax-free sum of money to your beneficiaries if you die while your policy is active.
What type of life insurance do you need?
The best type of life insurance for you depends on your age, your budget, and your insurance goals and needs.
Many people purchase multiple types of life insurance, and some insurers now offer hybrid policies that bundle the benefits of term and permanent life insurance together. At Policygenius, our agents can help you understand the different policy types, compare quotes, and apply for the right coverage at a price that works for you.
How much life insurance should you buy?
A typical rule of thumb is that your life insurance plan should include coverage that’s roughly 10 to 15 times your annual income. For example, if you make $100,000 per year, you’ll likely need around $1 million to $1.5 million in life insurance coverage, but the exact amount of coverage you need will vary depending on your financial situation, including debts and assets.
Our life insurance calculator can help you estimate how much money your family would need to replace the loss of your income and meet their future goals.
How much will your life insurance cost?
In general, the younger and healthier you are, the cheaper your life insurance will be. A healthy 30-year-old who doesn’t smoke pays $26 per month on average for a 20-year term life policy with a $500,000 payout.
Learn more about life insurance rates
What’s the best life insurance company?
The right life insurance company for you will depend on factors like your age, health, and financial needs. Our independent, unbiased ratings and reviews of the best life insurance companies will help you find a great life insurance policy with confidence.
Compare the 5 best life insurance companies of 2024
Insurer | Policygenius rating | Best for | AM Best rating | |
---|---|---|---|---|
5.0/5 ★ | No-medical-exam, young adults | A | ||
4.9/5 ★ | Affordability, term life, smokers | A+ | ||
4.9/5 ★ | Whole life | A++ | ||
4.8/5 ★ | Pre-existing conditions | A | ||
4.8/5 ★ | Customer satisfaction | A+ |
Explore our reviews of more than 30 life insurance companies