Top Rated Life Insurance Companies

In simple terms, life insurance is a legit agreement between the policy holder and the insurer, in which the insurer will pay a particular sum of money upon the death of the policy holder.
The main advantage of a life insurance policy is to provide financial security to the family of the insured after his/her demise. Depending on the terms and conditions mentioned in the policy, certain chronic illnesses may also help in getting the security cover provided by a life insurance policy. The insured has to pay an annual or monthly premium to the insurer, and has to nominate a beneficiary who will get the financial security after the insured passes away.

Mentioned below are the names of some of the best life insurance companies of America which assure the safety of your loved ones in times of financial crisis.

Half of the population in the US is insured with MetLife. It is one of the most popular and productive insurance companies of the country. It specializes in term insurance which is provided in the different modes. Their motto to serve the ones in need and helpless has made them one of the top insurers in the USA. Not only on the homeland, MetLife has international presence in almost every continent which makes it one of the biggest global names when it comes to life insurance. As of 2012, MetLife has a market capitalization worth $38.61 billion.
Prudential Financial
One of the few companies that offer five categories of insurance policies under Universal Life Insurance, Variable Life Insurance, Whole Life Insurance, Survivorship Life Insurance and Term Life Insurance. The company has over $960 billion in assets and has more than $2 trillion of life insurance as of 2012. In February 2011, Prudential Financial also acquired AIG Edison Life Insurance Company, and AIG Star Life Insurance.
New York Life Insurance
It is one of the most globally recognized names in the market of insurance. New York Life has welcomed change and always re-structured itself and its policies according to the market and various individuals. The company provides life insurance in term insurance, permanent life insurance, survivor-ship life insurance as well as business life insurance. It has received excellent ratings for being one of the most flexible companies when it comes to offering life insurance and financial management. It holds almost $287 billion in total assets, for 2012.
Northwestern Mutual
Northwestern Mutual is a company that simplifies the rules and regulations of the complex financial world so that their users can choose the best options. The company has received the highest financial ratings and is the largest direct provider of individual life insurance in the country. It expects to pay dividends worth $5 billion to policy owners this year.
Lincoln National
It is a reputed name when it comes to life insurance. Lincoln offers life insurance in the following categories – universal life, term life, variable universal life and linked benefit life. Lincoln National is known for having the most professional and helpful staff who are always ready in providing policies suitable to the consumer. It is one of the most successful and the biggest names in the US insurance market with assets under management worth $174 billion.
Massachusetts Mutual Life Insurance
Massachusetts Mutual Life Insurance or MassMutual Financial provides term-life insurance, retirement plan services, disability income insurance, and long-term care insurance. They serve more than 12 million clients worldwide and hold more than $141 billion in total assets and over $440 billion in assets under management.
Genworth Financial
It has been consistently ranked as one of the top life insurance companies of the United States. Today the company has over $100 billion in assets, employs over 6000 and has a global presence in over 25 countries.
Life insurance companies strive to provide the best facilities to their customers by offering them policies which suit their requirements and needs. As money invested in these policies is non-taxable, it is also a great way to save money. The above names are the best places to look for a life insurance policy, so pick one and get insured.