5 Best Life Insurance Companies

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1. Northwestern Mutual

Number of Positive Ratings: 4 

Average Score: 4.5

AM Best Grade: A++

Northwestern Mutual is the top consensus pick. It is also the largest insurance company in the US, with a 10% market share. It has a 150-year dividend-paying history. In terms of advantages, the company offers $1 million of coverage requiring no medical exam. 

Northwestern Mutual ranks third on J.D. Power for customer satisfaction. Forbes Advisor likes it for reliability on policy illustration, financial strength, good pricing on whole life policies as well as early building of cash value. Northwestern Mutual also has far fewer than baseline complaints from policyholders. 

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