Shopping for life insurance in Las Vegas doesn’t have to be a gamble. The right life insurance company will give you the coverage you need at a price that’s right for your wallet.
We used industry data, pricing from Policygenius carrier partners, and third-party ratings like AM Best and J.D. Power to pick the best insurers on the market. Our independent recommendations will help you get life insurance coverage with confidence.
We researched average costs, customer satisfaction scores, financial strength ratings, and company transparency to find the best life insurance companies available in Las Vegas plus how much you can expect to pay for life insurance and the Nevada life insurance laws that protect you.
Best life insurance companies in Las Vegas
Best overall: Legal & General America
Cheapest: Legal & General America
Best term life insurance: Legal & General America
Best no-medical-exam life insurance: Pacific Life
Best whole life insurance: MassMutual
Best for seniors: Prudential
Best for young adults: Legal & General America
Best for people with pre-existing conditions: Lincoln Financial
Best for marijuana users: Lincoln Financial
Best for smokers: Legal & General America
Methodology
Why you can trust our picks
Our recommendations are based on internal and external expert analysis, as well as our Policygenius Life Insurance Price Index, which uses real-time data from leading life insurance companies to determine pricing trends. When reviewing a life insurance company, our editorial team uses a proprietary scoring rubric with five factors — price, policy details, financial strength, transparency, and customer experience — to assign an unbiased rating between one and five stars. These ratings are also taken into consideration as part of our company recommendations. We don’t get paid for our reviews.
Our reviews and recommendations can help you find a reliable insurer for your family’s financial protection, but the best life insurance company for you depends on multiple factors. A licensed agent at Policygenius can support you during the application process to ensure you get the right coverage for your circumstances at the most competitive price.
Best overall life insurance
2025 Policygenius award winner
Legal & General America
4.9
30+ year terms
All 50 states
No-medical-exam option
Why we chose it
Legal & General America, which also does business as Banner Life and William Penn, has some of the longest term lengths — up to 40 years — and most competitive life insurance rates available, even for people with a history of medical conditions.
Pros and cons
Pros
Competitive rates for a variety of health conditions
Fast instant-decision option for qualifying applicants
Variety of term lengths up to 40 years
Cons
Application underwriting can take longer than average
Does not have the most competitive rates for older applicants
Legal & General America, which also does business as Banner Life and William Penn, is the best overall life insurance company in Las Vegas, with flexible terms lasting up to 40 years and affordable rates offered to an inclusive range of applicants. Legal & General America also scores well in metrics used to measure a life insurance company’s reliability and service, with solid financial security ratings and a low NAIC complaint rating of 0.35, compared to the nationwide average of 1.00.
Cheapest life insurance
Legal & General America
Las Vegas applicants with many different lifestyles and health classifications can find competitive rates with Legal & General America. While specific carriers may cater to certain health conditions or applicant types, Legal & General America provides the most affordable rates across the widest span of customers.
Best term life insurance
Legal & General America
Term life insurance is the most common policy type by far, providing policyholders inexpensive coverage for a specific number of years defined during the application process. Legal & General America’s affordable term life policies can cover policyholders for up to 40 years.
Best no-medical-exam life insurance
2025 Policygenius award winner
Pacific Life
4.8
All 50 states
No-medical-exam option
Why we chose it
Pacific Life offers some of the lowest rates for term life insurance across age brackets. It also has the most competitive rates for many health conditions and builds.
Pros and cons
Pros
Extremely affordable across age brackets
Affordable guaranteed universal life insurance option for people who need lifetime coverage
Favorable underwriting for many health conditions
Cons
Traditional term life not available in NY
There are better carriers for active duty military, people who have a history of alcohol abuse, and people who have been through bankruptcy
The best company for no-medical-exam life insurance in Las Vegas is Pacific Life. You may be able to get up to $3 million in coverage without taking a medical exam, and Pacific Life accepts no-med applicants as old as 70.
A no-medical-exam life insurance policy is like a normal term life policy, except getting coverage takes less time since you don’t need to go through a medical exam. You can usually only get this kind of coverage if you’re in good health, though each company has different eligibility rules.
Best whole life insurance
2025 Policygenius award winner
MassMutual
4.9
All 50 states
Why we chose it
MassMutual’s whole life insurance plan provides a lifetime coverage option that builds cash value with the potential to earn dividends.
Pros and cons
Pros
Strong financial stability & good customer satisfaction ratings
Higher potential for dividends for whole life policyholders than many competitors
Term coverage has strong conversion privileges to permanent coverage
Cons
High term life premiums
Whole life insurance lasts the policyholder’s entire lifetime, but at five to 15 times the cost of term life insurance. Whole life also offers a cash value component for savings and investment, and some policies pay dividends linked to the company’s financial performance. MassMutual is our top pick for whole life insurance because it pays better dividends than competing whole life insurers.
Best for seniors
2025 Policygenius award winner
Prudential
4.1
No-medical-exam option
Why we chose it
With nearly four million policyholders and 150 years to its name, Prudential offers competitive coverage options for seniors, as well as people with some of the most common medical conditions, including asthma, depression, and fibromyalgia.
Pros and cons
Pros
Good for people over 60
More flexible income requirements than some other insurers
Considers applicants with a variety of immigration statuses (visas and green cards)
Cons
Younger applicants will likely find better prices elsewhere
Las Vegas life insurance applicants in their golden years will likely have to pay more for a new policy than younger shoppers. But Prudential offers seniors age 60 and above competitive rates, even if they have specific pre-existing conditions.
Best for young adults
Legal & General America
Legal & General America is the best life insurance company for young adults in Las Vegas. It offers some of the cheapest life insurance rates for people in their 20s and 30s regardless of their health profile. The company offers no-medical-exam and instant-decision options for young people who are in excellent health or have just one or two minor and well-controlled health conditions.
Best for people with pre-existing conditions
2025 Policygenius award winner
Lincoln Financial
4.8
No-medical-exam option
Why we chose it
Lincoln Financial offers a diverse array of life insurance policies, including competitive no-med and high-net-worth options.
Pros and cons
Pros
Affordable rates
Good for many existing health conditions, including depression, stroke, and heart conditions
Good for marijuana users, including daily users
Cons
Term life not available in New York
Las Vegas residents with certain pre-existing conditions will have to pay more for life insurance than applicants with no health issues in their medical history. However, Lincoln Financial offers lower rates to shoppers with pre-existing conditions when compared to other insurers.
Best for marijuana users
Lincoln Financial
Many life insurance companies assign very expensive smoker rates to marijuana users, regardless of the frequency that they use marijuana. But Lincoln Financial offers non-smoker rates to marijuana users, even for those who use it daily.
Best for smokers
Legal & General America
Las Vegas smokers will have to pay two to three times as much for life insurance because of the health risks and mortality rates associated with smoking. But Legal & General America offers some of the best smoker rates, and policyholders who successfully quit can ask to lower their premiums after just one year.
Comparing the best life insurance companies in Las Vegas
Company | Policygenius rating | Best for | Types of policies | |
|---|---|---|---|---|
Legal & General America | 4.9 / 5 | Overall, cheapest, term life, smokers, young adults | Term life, no-medical-exam life, universal life | |
MassMutual | 4.9 / 5 | Whole life | Term life, no-medical-exam life, whole life, universal life, variable universal life | |
Pacific Life | 4.8 / 5 | No-medical-exam life | Term life, no-medical-exam life, universal life, indexed universal life, variable universal life | |
Lincoln Financial | 4.8 / 5 | Marijuana users, people with pre-existing conditions | Term life, no-medical-exam life, indexed universal life, variable universal life | |
Prudential | 4.1 / 5 | Seniors | Term life, no-medical-exam life, short-term life, universal life, indexed universal life |
What is the average cost of life insurance in Las Vegas?
Many factors affect how much life insurance will cost, including the health and age of the applicant, and the terms and coverage amount of the policy. Based on Policygenius data from 2023, the average monthly rate for a healthy 35-year old in Las Vegas buying a $500,000, 20-year term life insurance policy is $30.79 for men and $25.76 for women.
What happens if a life insurance company goes bankrupt in Las Vegas?
When a Las Vegas resident’s life insurance company becomes unable to meet its obligations to policyholders, the Nevada Life & Health Insurance Guaranty Association will provide coverage as long as the customer keeps paying their premiums.
The receiver or the guaranty association will notify affected residents in the rare event a life insurance company is found insolvent and ordered to be liquidated. Nevada will cover up to $300,000 in death benefits and up to $100,000 in cash surrender or withdrawal values.
If a policyholder moves out of Nevada and then their life insurance company goes bankrupt, they will need to get coverage from the state where they moved.
How to find a lost life insurance policy in Las Vegas
To find any life insurance policies that a deceased person may have held, family members and estate administrators or executors can search the National Association of Insurance Commissioners' Life Insurance Policy Locator Service.
Nevada life insurance laws
Nevada extends consumer protections to Las Vegas residents and governs how life insurance companies must do business in the state.
Free look period
In Nevada, life insurance companies must provide new customers a 10-day free look period when a new policy goes into effect. During that time window, the policyholder can cancel their life insurance and get a full refund of all premiums that were already paid.
Guaranty Fund protection
The Nevada Life & Health Insurance Guaranty Association covers Nevada residents for up to $300,000 in death benefits and $100,000 in cash surrender or withdrawal values when a life insurance company is found to be insolvent.
Contestable period
Within the first two years of a new life insurance policy, the life insurance company has the right to challenge and deny a claim if it can demonstrate that the policyholder lied or made misstatements during the application process. This is known as the contestable period.
Grace period for missed payments
Life insurance companies must give Nevada policyholders 30 days to settle an unpaid premium payment. During this grace period, the policyholder can make up for a missed payment without losing coverage.
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