In this article, we will look into the 5 best life insurance companies heading into 2024. If you want to read our detailed analysis, you can go directly to the 15 Best Life Insurance Companies Heading into 2024.
5. Prudential Financial, Inc. (NYSE:PRU)
Market Cap as of December 11: $36.41 billion
Prudential Financial, Inc. (NYSE:PRU) is a leading financial services company specializing in life insurance, group benefits, financial wellness, retirement benefits, annuities, and mutual funds. With an experience of over 140 years, the company operates in multiple locations around the world including the United States, Asia, Europe, and Latin America. Prudential Financial, Inc. (NYSE:PRU) offers a variety of life insurance policies including whole life insurance, universal life insurance, indexed universal life insurance, and variable life insurance. As of December 11, the company has a market cap of $36.41 billion.
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4. Manulife Financial Corporation (NYSE:MFC)
Market Cap as of December 11: $36.47 billion
Manulife Financial Corporation (NYSE:MFC) is a leading multinational financial services company, headquartered in Toronto. The company offers a diverse range of life insurance products and services including term life insurance, permanent life insurance, CoverMe life insurance, and Synergy life insurance. As of December 11, the company has a market cap of $36.47 billion. It is ranked among the best life insurance companies heading into 2024.
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3. MetLife, Inc. (NYSE:MET)
Market Cap as of December 11: $47.44 billion
MetLife, Inc. (NYSE:MET) is a leading insurance company, headquartered in New York. The company specializes in insurance, annuities, employee benefits, and asset management. It provides insurance coverage for life, accidental and health, dental, and legal insurance. MetLife, Inc.’s (NYSE:MET) life insurance products and services include term life insurance, whole life insurance, universal life insurance, and accidental death insurance. As of December 11, the company boasts a market cap of $47.44 billion.
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2. Aflac Incorporated (NYSE:AFL)
Market Cap as of December 11: $48.24 billion
Aflac Incorporated (NYSE:AFL) is a leading insurance company, specializing in employee benefits, broker relationships, PEO, life insurance, small business, and individual policies. The company provides both term and whole life insurance tailored solutions. With a clientele of over 50 million people, Aflac Incorporated (NYSE:AFL) is one of the best insurance companies and is valued at $48.24 billion.
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1. Life Insurance Corporation of India (NSE:LICI)
Market Cap as of December 11: $58.40 billion
Life Insurance Company (NSE:LICI) tops our list of the best life insurance companies heading into 2024. The company offers a wide range of services including money-back plans, endowment plans, children’s plans, whole life plans, term plans, pension plans, single premium plans, and health plans. As of December 11, the company boasts a market cap of $58.40 billion.
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