TOP TRENDING INSURANCE IN THE WORLD

We have a series of articles about life insurance to guide you through the basics, but the question remains: Which life insurance company is the best? The answer depends on what you’re looking for—the type of life insurance, the amount you need, your family situation. No need to stress, though; we’ve got our top recommendations to get you started.

Ranking	#1	#2	#3	#4	#5
Company
Website	View plans	View plans	View plans	View plans	View plans
Term	4 policies	2 policies	2 policies	2 policies	1 policy
Term lengths (in years)	10, 20, 30	10, 15, 20, 30	10, 20, 30 or up to specific age	10–20, yearly	10, 15, 20, 25, 30
Conversion option	Yes	Yes; to age 75	Yes	Yes	Yes; to age 70
Whole	4 policies	2 policies	1 policy	3 policies	N/A
Universal	3 policies	4 policies	2 policies	N/A	1 policy
Nonmedical exam policies	Term	Term, Whole	None available	None available	None available
2017 Comdex score	98	92	100	100	94
Years in business	100	100+	150+	150+	50+

The deciding factors: How we picked our Top 5

• Financial strength: For each company, we looked at the financial strength scores from four independent ratings agencies (A.M. Best, Moody’s, Standard & Poor’s, and Fitch). Additionally, we used the overall Comdex score to more easily compare life insurance companies. The Comdex score is the average ranking a company receives from the four rating agencies, which is helpful because the four companies all use different letter/number systems.
• Customer service reviews: We based this score on the results from the J.D. Power customer satisfaction survey and online customer reviews. We also looked at the number of complaints reported to the National Association of Insurance Commissioners (NAIC) and the ratio of those complaints compared to the national median.
• Policy type and variety: We considered how many types of life insurance policies each company offers, as well as any distinguishing features that give customers more options.
• Price: We gathered quotes for monthly premiums to understand how each company compares in price. We received individual quotes for a nonsmoker 40-year-old male and female in good health. Each policy was for $250,000 for a 10-year term.

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