List some of the best term life insurance companies?

General
1

I’ve been researching and I’m interested in getting a 20-year term life insurance policy for $500,000. It’s just me (36/m) and my wife (27/f) as the beneficiary.

This interest sparked when a friend approached me about a policy through New York Life, which seems to have a AAA rating. However, I’m unsure if I should get more quotes or consider other more reputable companies.

Do you have any companies you recommend (or recommend avoiding)?

Also, what is a normal price per month for the highest health rating a person can get?

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If you ever wish to go from temporary insurance to permanent insurance, PennMutual is your best bet. Therefore, of the businesses you mentioned, I would pick them. Having said that, if your goal is to become financially independent in ten years, I would advise consulting with a financial counselor who can guide you toward long-term decisions. They’re not all bad.

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You can consider any of the following top rated companies:

  • MassMutual - Known for its strong financial stability and customer satisfaction.
  • Northwestern Mutual - Offers a wide range of policies and has a high customer satisfaction rating.
  • Guardian - Notable for its policies catering to specific needs, such as high coverage amounts.