Ohio term life insurance is offered by most of the major US insurers. Although prices and plan availability varies with each company, Ohioans have a wide variety of plans to choose from. Some of the larger insurance companies that offer competitive rates are Prudential, Transamerica, Genworth and MetLife. However, other smaller companies such as Ohio National, Midland National, Banner Life and West Coast Life often feature extremely low rates, depending on the specific insured.
As the leading resource for Ohio term life insurance plans, we only consider companies that are rated “A” by A.M. Best Company, one of the leading US rating companies. An A.M. Best rating is an independent opinion of an insurer’s financial strength and ability to meet its ongoing contract and insurance policy obligations. Their rating system has a proven track record in identifying life insurance companies that may, over time, encounter financial difficulties. And of course, those companies are not the ones we are going to use when providing quotes.
The largest US life insurance companies do not necessarily always charge the lowest rate. For example, MetLife, Prudential, New York Life, Northwestern and Massachusetts Mutual are the five largest US life insurers (ranked by revenue). However, some of the companies offering the lowest term rate for a healthy 40 year-old Ohio male ($250,000 face amount guaranteed for 10 years) are not highly-visible carriers. They include Ohio National, Midland National, National Life of Vermont , Protective Life and Banner Life. All five life insurers are “A” rated companies and offer coverage for $150 per year (or less).
Another important factor is the treatment of pre-existing conditions by particular companies. For example, some life carriers will charge a much higher rate for certain conditions, such as high blood pressure, elevated cholesterol or weight problems. Our experience and unique relationship with each company, allows us to research and find the life carrier that will offer you the most competitive rate. Remember…we work for you, and by representing all of the major life insurance companies, we’ll find what you need at the lowest available cost.
If you live in Ohio and are shopping for affordable life insurance protection, feel free to call us at (888) 513 6446 or click on the “View Term Rates” button at the top of the page or the "Get Instant Term Quote" section in the middle of the page for an immediate estimate.
