Q:

What are some reputable life insurance companies?

A:

Quick Answer

The top five life insurance companies for 2015 include HSBC Insurance, Nationwide Mutual Insurance Company, New York Life, Globe and Prudential Life Insurance, according to A2ZTermLife.com. Liberty Mutual, Mutual of Omaha, State Farm, Metropolitan or MetLife, and Mega Health and Life round out the top ten.

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Full Answer

Some of these companies offer a vast background in the industry. For example, MetLife has been in business since 1868, while Mutual of Omaha has been operational since 1909. Others are heralded for their sheer size, with New York Life boasting more than $287 billion in assets and Liberty Mutual ranked as number 129 on the Fortune 500 list. Globe Life has 3.8 million policyholders and a vast track record when it comes to providing insurance services.

The Better Business Bureau recommends consumers shop around for life insurance before buying a policy, since comparing policies with multiple companies ensures that consumers get the best price on a policy that meets their needs. The BBB’s website offers reviews of insurance companies and agents to help consumers make smart decisions about life insurance purchases. The BBB also suggests that consumers contact the state insurance commissioner’s office in the state in which they live if they have a question about a particular insurance company or the policies it sells.

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