top life insurance companies List

top life insurance companies List

The largest life insurance company in the United States according to S&P Global Market Intelligence, there are 20 largest life insurance companies in the United States, listed in order of market share for personal life insurance. Market share is based on the total amount of premiums written for U.S. policymakers in 2020. Click on the link to learn more about each company and the type of life insurance they offer.

top life insurance companies List Details

1. company: Northwestern Mutual

• Life insurance options: Term life
• whole life
• universal life
• Market share in 2020: 10.6%

2. Company: New York Life

• Life insurance options: Term life
• Whole life
• Universal life
• Variable universal life
• Market share in 2020:7.1%

3. Company: MassMutual

• Life insurance options: Term life
• Whole life
• Universal life
• Variable universal life
• Market share in 2020: 6.4%

4. Company: Prudential 

• Life insurance options: Term life
• Universal life
• Variable universal life
• Indexed universal
• Market share in 2020: 5.5%

5. Company: Lincoln Financial

• Life insurance options: Term life
• Universal life
• Variable universal life
• Indexed universal life
• Market share in 2020: 4.7%

6. Company: State Farm

• Life insurance options: Term life
• Whole life
• Universal life
• Market share in 2020: 3.5%

7. Company: John Hancock

• Life insurance options: Term life
• Universal life
• Variable universal life
• Indexed universal lif
• Market share in 2020: 3.3%

8. Company: Guardian

• Life insurance options: Term life
• Whole life
• Universal life
• Variable universal life
• Market share in 2020: 3.2%

9. Company: Transamerica

• Life insurance options: Term life
• Whole life
• Universal life
• Indexed universal lif
• Market share in 2020: 3.0%

10. Company: MetLife

• Life insurance options: Life insurance is offered through workplace plans only.
• Market share in 2020: 2.8%

11. Company: Pacific Life

• Life insurance options: Term life
• Group whole life
• Universal life
• Variable universal life
• Indexed universal life
• Market share in 2020:  2.7%

12. Company: American International Group (AIG)

• Life insurance options: Term life
• Whole life
• Universal life
• Variable universal life
• Indexed universal life
• Guaranteed universal life
• Market share in 2020: 2.4%

13. Company: Equitable Holdings (AXA)

• Life insurance options: Term life
• Variable universal life
• Indexed universal life
• Market share in 2020: 2.0%

14. Company: Primerica

• Life insurance options: Term life
• Market share in 2020: 1.8%

15. Company: Sammons (Midland National)

• Life insurance options: Term life
• Indexed universal life
• Guaranteed universal life
• Market share in 2020: 1.8%

16. Company: Nationwide

• Life insurance options: Term life
• Whole life
• Universal life
• Variable universal life
• Market share in 2020: 1.7%

17. Company: Protective Life

• Life insurance options: Term life
• Whole life
• Universal life
• Variable universal life
• Indexed universal life
• Market share in 2020: 1.6%

18. Company: Penn Mutual 

• Life insurance options: Term life
• Whole life
• Variable universal life
• Indexed universal life
• Guaranteed universal life
• Market share in 2020: 1.6%

19. Company: Brighthouse Financial

• Life insurance options: Term life
• Market share in 2020: 1.6%

      20. company: Globe life

• Life insurance options: Term life
• Whole life
• Market share in 2020: 1.5%

read more: What is life insurance? Why does it? How do you do it?