Expertise.com

2024

Last updated:

Best Life Insurance Companies in Downey

Our Recommended Top 9

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Downey Life Insurance Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

5067Reviewed

3043Curated

9Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
11138 Downey Avenue, Downey, CA 90241
  • Life Insurance
  • Health Insurance

Why choose this provider?

Downey Insurance & Financial Services is an insurance agency that caters to individuals and businesses in Downey and its surrounding areas. It partners with various insurance carriers, including Aetna, Bristol West Insurance Group, MetLife, and UnitedHealthcare. Its products include life, Medicare, home, group health, and auto insurance policies. Moreover, commercial, dental, umbrella, vision, and workers' compensation insurance plans are provided. Downey Insurance & Financial Services focuses on customer service by offering personalized solutions, depending on the clients' needs.

License Verified:

License: 6004404

California Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (14)
Google
5.0 / 5 (7)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
2210 West Beverly Boulevard, Montebello, CA 90640
  • Life Insurance
  • Health Insurance

Why choose this provider?

Stella Health Insurance Agency, Inc., is an independent service provider that assists clients in Downey and its nearby areas. It offers life and health insurance from over 30 insurance carriers. Its life insurance coverages fall under term, whole life, universal life, and final expense. The agency also manages Medicare plans and Covered California assistance. Its team strives to explain what each option entails and the processes that clients must take note of pre- and post-insurance purchase.

License Verified:

License: 0H78649

California Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (2)
Yelp
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
10833 Downey Avenue, Downey, CA 90241
  • Life Insurance
  • Health Insurance
  • Individual Plans

Why choose this provider?

Guadalupe Diaz is a life insurance agent based in Downey. She offers policies that cover clients in unforeseen events. These policies protect their loved ones and dependents according to the availed coverage. Guadalupe offers three life insurance types, namely term life insurance, whole life insurance, and universal life insurance. Other services that she offers include home insurance, auto insurance, business insurance, and recreational insurance. She accommodates English and Spanish-speaking clients.

License Verified:

License: 0686483

California Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Yelp
5.0 / 5 (3)
Facebook
5.0 / 5 (2)
Google
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
4224 Firestone Boulevard, South Gate, CA 90280
  • Life Insurance
  • Whole Life Insurance
  • Term Life Insurance
  • Permanent Life Insurance Policy

Why choose this provider?

MS Insurance Services is an independent insurance firm that serves clients in the Downey area. It offers a range of life insurance policies, which help clients pay for their final expenses, create an inheritance for their heirs, and build a source of savings. Its policies include term life and whole life. The company also provides risk protection plans for commercial properties, homes, automobiles, and workers' compensation. The firm has been in operation for over 25 years.

License Verified:

License: 6003880

California Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Google
4.0 / 5 (47)
Yelp
4.0 / 5 (11)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
6631 Eastern Ave #A, Bell Gardens, CA 90201
  • Life Insurance

Why choose this provider?

InVision Insurance Services is an independent insurance agency that serves individuals and businesses in Downey. The husband-and-wife team of Rafael and Cristina Arredondo started the company in 2009. As independent agents, they offer various insurance solutions from different insurance carriers to help clients find the right policy that best meets their needs. They educate clients on different policies and coverages to enable them to make informed decisions. Products include life insurance, home insurance, car insurance, and small business insurance.

License Verified:

License: 0G63229

California Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
5.0 / 5 (175)
Facebook
4.0 / 5 (29)
Yelp
4.0 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
200 East Beverly Boulevard, Montebello, CA 90640
  • Life Insurance
  • Health Insurance

Why choose this provider?

Vanessa Garcia is a local State Farm agent that has been serving clients in Downey and the surrounding areas for more than 14 years. She offers a wide range of insurance products that include pet, life, property, business, auto, and health. She and her team provide professional assistance with homeowners' quotes and out-of-state relocations. Vanessa also helps clients with banking insurance. She is a long-term resident of Hacienda Heights and is fluent in Spanish.

License Verified:

License: 0H12609

California Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
9900 Lakewood Boulevard, Downey, CA 90240
  • Life Insurance

Why choose this provider?

Joel Gonzalez Insurance Agency is a full-service insurance brokerage that offers risk management and insurance solutions for residents in Downey and nearby cities. It has comprehensive life insurance programs that help cover long-term care costs while protecting savings plans. Aside from personal insurance policies, the firm has business lines coverage, such as commercial auto, business owner policies, and workers' compensation. Moreover, it also offers financial services like investment funds and retirement plans.

License Verified:

License: 0F94900

California Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (8)
Yelp
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
8141 2nd Street, Downey, CA 90241
  • Life Insurance

Why choose this provider?

Don Dixon & Associates is an insurance agency operating in Downey that offers a wide array of personal and business insurance lines, including life insurance. The agency has been serving individuals, families, and business owners for more than 50 years and has been their local resource for insurance solutions. It has access to a broad range of markets through its general agents and brokers. Don Dixon & Associates also offers other insurance products, such as general liability, bonds, auto, and home insurance policies.

License Verified:

License: 0316914

California Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (6)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
5211 East Washington Boulevard, Commerce, CA 90040
  • Life Insurance
  • Health Insurance

Why choose this provider?

Kimberly Salas is a State Farm agent providing life insurance products to clients in Downey. She assists clients in choosing an insurance policy that fits their needs, such as term life, whole life, and universal life policies. She also offers survivorship universal life and joint universal life that covers two individuals in one policy. These include financial assistance for mortgages and estate expenses. Additionally, Kimberly is a member of the Industrial Council Chamber of Commerce and speaks both English and Spanish.

License Verified:

License: 0J10190

California Department of Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
5.0 / 5 (45)
Yelp
4.0 / 5 (8)
Facebook
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

FAQs

  • How do you determine the right amount of life insurance coverage in Downey?

    To determine appropriate life insurance coverage in Downey, you should undergo a comprehensive needs analysis. This process helps calculate the amount required to provide financial security for your loved ones in case of your untimely passing. The right amount of life insurance coverage depends on various factors, such as the number of dependents, future income potential, marital status, age, spouse's earning capacity, and existing debt.

  • Can a policyholder in Downey cancel a life insurance policy gift and redirect the proceeds to others?

    In Downey, once a policyholder has gifted a life insurance policy to a recipient, they generally cannot cancel the gift and redirect the proceeds to others. Even if the life insurance company did not recognize the bestowal, the recipient can still recover the proceeds from those who received them.

  • Who can benefit from universal life insurance in Downey?

    In Downey, individuals who want customizable life insurance coverage with death benefit options and flexibility in premium payments can benefit from universal life insurance. The policy appeals to those looking for extended coverage, possibly lasting beyond ages 80, 90, 100, or more. It allows policyholders to adjust their coverage and payments according to their current financial needs and circumstances.

  • Can a life insurance company in Downey terminate a policy immediately after a missed premium payment?

    No, life insurance companies in Downey cannot terminate a policy immediately after a missed premium payment. They are required to provide a grace period during which the policy remains active despite the missed payment. In California, the minimum grace period is 60 days, giving policyholders an opportunity to catch up on overdue premiums and maintain their coverage.

  • What rights do you have when someone meets with you in your home regarding the sale of a life insurance policy in Downey?

    You have the right to receive a written notice at least 24 hours before the meeting explaining its purpose, your right to invite others, and the ability to end the conference at any time. You can also contact the California Department of Insurance. Additionally, you have the right to receive information about the individuals visiting your home in Downey, including their names, license numbers, addresses, and phone numbers.

  • Which is better, term or whole life insurance?

    Life insurance is a personal financial tool, so the right type of insurance for you depends on your goals and current situation. One of the main differences between term life insurance and whole life insurance is that term life insurance only covers you for a set period of time. Once you meet the premium payment requirements on a whole life plan, it covers you for the rest of your life. Whole life insurance also builds cash value, making it a potential investment. But whole life insurance is typically much more expensive than term life insurance.

  • How much life insurance do I need?

    A common recommendation is purchasing life insurance that is equal to five times your current salary, or more. But you can also estimate how much life insurance you need by adding up your debts, annual expenses for dependents multiplied by the years you want to ensure support, and any other items you wish to cover, such as a future wedding or college tuition.

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