Read about the top 10 list of the best Life Insurance Companies:

1. Primerica

It is a company that offers middle-class investment, family insurance, and financial services. Primerica Life, Peach Re, National Benefit Life Insurance Company, and Vidalia Re are all subsidiaries of Primerica. In July 2021, Primerica purchased e-Telequote. Primerica has been described as a company that uses multi-level marketing.

In 1981, the company that would later become it was established. In 2010, it went public for the first time. The headquarters of Primerica is in Duluth, Georgia.


The Teachers Insurance and Annuity Association of America-College Retirement Equities Fund (TIAA, formerly TIAA-CREF) is a Fortune 100 financial services and life insurance company that is the most prominent provider of financial services in the academic, research, medical, cultural, and governmental sectors. TIAA was formerly known as TIAA-CREF. As of December 31, 2017, TIAA had $1 trillion in combined assets under management and holdings in more than 50 nations, with over 5 million active and retired employees participating at more than 15,000 institutions.

3. AXA Equitable Life Insurance Company

American insurance and financial services provider Equitable Holdings, Inc. was established in 1859 by Henry Baldwin Hyde. The French insurance company AXA took over Equitable’s majority ownership in 1991.
The company changed its official name to AXA Equitable Life Insurance Company in 2004. By 2018, the company had more than 15,800 licensed California agents. Following its spinoff from AXA and the related public offerings that began in May 2018, it changed its name to Equitable Holdings, Inc. in January 2020.

4. Farmers Insurance Group

It is an American insurance company that also sells other insurance and financial services products and insures cars, homes, and small businesses. The Group employs approximately 21,000 people and has over 48,000 exclusive and independent agents. Farmers is the brand name for three mutual insurance companies that are owned by policyholders: Farmers, Fire, and Truck. It is a Zurich Insurance Group-owned wholly-owned subsidiary and is in charge of Farmers’ non-claims operations.

5. ING Group

With its headquarters in Amsterdam, the ING Group is a multinational Dutch banking and financial services company. Retail banking, direct banking, commercial banking, investment banking, private banking, wholesale banking, asset management, and insurance services are its main lines of business. It is one of the largest banks in the world and consistently ranks among the top 30 largest banks worldwide, with assets totaling US$1.1 trillion. By revenue, it ranks among the top ten largest companies in Europe.

6. New York Life Insurance Company

On the 2021 Fortune 500 list of the largest corporations in the United States by total revenue, New York Life Insurance Company (NYLIC) is ranked number 67. It is the largest mutual life insurance company and the third-largest life insurance company in the United States. NYLIC manages approximately $593 billion in assets, with over $25 billion in surplus and AVR.In 2019, the four independent rating agencies (Standard & Poor’s, AM Best, Moody’s, and Fitch) gave NYLIC the highest possible ratings. In addition to retail and institutional mutual funds, various securities products and services are offered by other New York Life affiliates.

7. Pacific Life

Leland Stanford, a former governor of California, established Pacific Mutual Life in Sacramento, California, in 1868. Additionally, Stanford was the company’s first policyholder. His wife used the money from the policy to pay for professors after Stanford died and Stanford University ran out of money. In a bold move for a life insurance company at the time, Pacific Mutual Life began issuing accident insurance in 1885. Pacific Mutual Life merged with Conservative Life, a life insurance company based in Los Angeles, in 1906. The board of directors of Pacific Mutual Life relocated the business to Los Angeles following the 1906 earthquake in San Francisco. Nebraska has served as the company’s home state since 2005.

8. Prudential Financial

Prudential Financial, Inc. is a Fortune 500 and Fortune Global 500 company based in the United States. Its subsidiaries offer insurance, retirement planning, investment management, and other products and services to retail and institutional customers in over 40 countries. With assets totaling $815.1 billion in 2019, Prudential was the largest insurance provider in the United States.

9. United of Omaha

Based in Omaha, Nebraska, Mutual of Omaha is a Fortune 500 mutual insurance and financial services company. Mutual of Omaha is a financial institution in the United States that provides a variety of insurance and financial products to individuals, organizations, and groups. It was established in 1909 as the Mutual Benefit Health & Accident Association.

10. Allstate

Since 1967, The Allstate Corporation is based in Northfield Township, Illinois.

It was established in 1931 as a subsidiary of Sears, Roebuck, and Co. and was spun off in 1993 but remained partially owned by Sears until June 1995, when it became a fully independent business. Personal lines insurance operations are also carried out in Canada by the company.

With 2018 revenues of $39.8 billion, Allstate ranked 79th on the 2019 Fortune 500 list of the largest corporations in the United States by total revenue.

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