5 Best Life Insurance Companies

4. State Farm

Number of Positive Ratings: 3

Average Score: 4.4

AM Best Grade: A++

State Farm is another one of the most popular insurance companies on the list. It has an A++ rating from AM Best for financial strength. It also ranked in the first position in J.D. Power customer satisfaction survey of 2021.

State Farm offers four life insurance policies. These include term life, whole life, universal, and final expense policies. Moreover, there are six riders available with the company, with select-term, level-term and waiver-of-premium being some of the most prominent ones.