Insurance
Best Life Insurance Companies
Term pricing across ages, underwriting speed and claims-paid history.
Last updated May 2026 · Fact-checked by the Finance Trio research desk
Advertising disclosure: we may earn a commission when you open an account through a link on this page. Rankings are determined by our published scoring model, not by compensation.
At a glance
| Provider | Award | Rating | Pricing | Apply |
|---|---|---|---|---|
| PolicyMePolicyMe · Canada | Best online term (Canada) | 4.6 | Term from ~$20 / mo | |
| ManulifeManulife · Canada | Best full-service insurer (Canada) | 4.4 | Varies by policy | |
| LadderLadder · US | Best online term (US) | 4.5 | Term from ~$5 / mo | |
| Haven LifeMassMutual · US | Best backed by a major insurer (US) | 4.4 | Term from ~$8 / mo |
The picks in detail
- 4.6
Best online term (Canada)
PolicyMe
Fully online Canadian term life with some of the lowest rates we found.
Pros
- Fast online application
- Competitive pricing
- Canadian-based support
Cons
- Term only
- No whole life options
- 4.4
Best full-service insurer (Canada)
Manulife
Canada's largest insurer with term, whole life and Vitality rewards.
Pros
- Huge product range
- Strong financial ratings
- Vitality program
Cons
- Requires an advisor
- Not the cheapest term
- 4.5
Best online term (US)
Ladder
Adjust coverage up or down anytime, fully online, up to $3M without a medical exam.
Pros
- Flexible coverage
- No-exam options
- Fast decisions
Cons
- Term only
- Not available in NY for all products
- 4.4
Best backed by a major insurer (US)
Haven Life
Simple online term policies issued by MassMutual, an A++ rated carrier.
Pros
- Top-rated underwriter
- Instant decisions for many
- Transparent pricing
Cons
- Term only
- Age caps on longer terms
Frequently asked questions
How we build this comparison and keep it current.