Expertise.com

2024

Last updated:

Best Life Insurance Companies in Delaware

Our Recommended Top 13

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 Delaware 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.

43870Reviewed

26327Curated

13Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Delaware

Expertise.com Rating

Review Sources

Google
4.4 (19)
Facebook
4.7 (12)
Yelp
5.0 (1)

Why choose this provider?

At Wilgus Insurance Agency, we believe in building long-term relationships and looking after your insurance needs at every stage of life. Whether you’re reviewing coverage, filing a claim, or insuring something new, we’re committed to serving you for years to come. Serving Delaware and beyond since 1977, we provide local agents to local people. As a result, you are not just a policy number at a call center and we strive to provide you with the best service and build a relationship to understand all your family's needs. Wilgus Insurance Agency is an independent agency that offers Homeowners Insurance, Car Insurance, Life Insurance, Business Insurance, Motorcycle Insurance and much more.

  • Group Plans
  • Life Insurance

Delaware

Expertise.com Rating

Review Sources

Google
4.2 (35)
Facebook
5.0 (7)
Yelp
1.0 (1)

Why choose this provider?

Muncie Insurance provides life insurance policies to customers in Delaware. The agency assists clients in planning for the future by offering term life insurance for those who want a specific time frame and universal life insurance for those who want lifelong coverage. Its team of insurance agents works with individuals and families to determine the best options for their financial needs. The company also provides a variety of insurance policies for residential, commercial, and personal properties.

  • Life Insurance

Delaware

Expertise.com Rating

Review Sources

Google
4.8 (24)
Facebook
4.8 (13)

Why choose this provider?

Blue Hen Insurance offers services to clients in Delaware. Its team specializes in helping individuals protect their finances and prepare for the future of their loved ones by assisting them in applying for life insurance policies. One of these policies includes term life, which covers clients and their loved ones for 10, 20, or 30 years. It provides clients with insurance products from Progressive, Goodville Mutual, Main Street America, Allstate, and Chubb. Blue Hen Insurance extends its services to Pennsylvania, Ohio, Florida, Maryland, Virginia, and New Jersey.

  • Life Insurance

Delaware

Expertise.com Rating

Review Sources

Facebook
5.0 (26)
Yelp
3.0 (4)

Why choose this provider?

Williams Insurance Agency has been protecting individuals, employees, families, and businesses throughout Delaware since 1948. Its team of agents offers a variety of life insurance policies, including term, whole, universal, and permanent. They also provide homeowners', automotive, and umbrella coverage for personal, general liability and workers' compensation for commercial, and Medicare Supplement and Value-Added Benefits for company employees. The full-service insurance agency represents various known providers, such as Reliance Standard, Colonial Life, and United Healthcare.

  • Individual Plans
  • Health Insurance
  • Life Insurance

Delaware

Expertise.com Rating

Review Sources

Google
5.0 (7)

Why choose this provider?

Drexel Agency Inc. is a firm that has been serving clients in the Delaware metro and the neighboring areas since 1962. It provides life insurance policies with term and whole life coverage. It also caters to property owners and offers homeowners, rental properties, condominiums, and renters contents insurance. In addition, it has professional liability and workers' compensation insurance packages for business owners. The company's president, John Mulloy has been in the industry for more than 50 years.

  • Health Insurance
  • Life Insurance

Delaware

Expertise.com Rating

Review Sources

Google
5.0 (41)
Facebook
5.0 (4)

Why choose this provider?

We Insure Prosperity serves individuals and families in Delaware. It offers life insurance plans that help cover funeral costs, retirement, and future living and medical expenses. The insurance agency represents over 30 carriers, giving people a variety of coverage and rate choices. It also offers disability, long-term care, home, auto, business, and health insurance, leveraging technology to deliver a convenient experience. The company's Quote and Apply tool enable clients to get policy quotes, submit an application, and sign the insurance agreement online.

  • Health Insurance
  • Life Insurance

Delaware

Expertise.com Rating

Review Sources

Google
4.4 (34)

Why choose this provider?

L&W Insurance is an independent company that serves personal and commercial customers in Delaware. It offers individual and group life insurance options with custom-tailored packages to meet clients' needs. It also provides disability insurance and Medicare Supplemental and Advantage plans. Additionally, its team develops wellness benefits coverages for employees, with dental and vision inclusions. L&W Insurance has been in the business for over 80 years and is affiliated with the Delaware Association of Health Underwriters.

  • Health Insurance
  • Life Insurance

Delaware

Expertise.com Rating

Review Sources

Facebook
5.0 (20)
Google
5.0 (7)

Why choose this provider?

Records/Grebhart Insurance Planning provides services to the population of Delaware. The company offers whole life, universal life, and variable life insurance to protect the policyholder's loved ones in case of the latter's demise. Additionally, its staff provides business liability insurance, with a specialization in contractor's packages. Property, professional liability, and workers' compensation are also covered under business liability insurance. Other policies include personal auto, homeowners', umbrella, farm, and auto insurance. Records/Grebhart is a third-generation insurance agency/brokerage that has been serving customers for more than 70 years.

  • Health Insurance
  • Life Insurance

Delaware

Expertise.com Rating

Why choose this provider?

Insley Insurance & Financial Services assists Delaware residents in securing their future and that of their loved ones. Its staff aids individuals who are considering obtaining life insurance policies such as term or permanent insurance. Using products from multiple carriers, the staff finds better rates from various options and designs policies based on clients' needs and protection goals. Its CEO, T Insley, is a Life Underwriter Training Council Fellow who has over 25 years of experience in the business.

  • Term Life Insurance
  • Life Insurance

Delaware

Expertise.com Rating

Review Sources

Google
4.5 (161)
Facebook
4.7 (34)

Why choose this provider?

AZ Insurance is a firm under Trusted Choice Agency that has been serving individuals, families, and businesses in Delaware for more than 25 years. Its agents connect clients with various reputable providers to obtain life and health coverage plans that will suit their needs and requirements. Life insurance takes care of not only funeral and medical expenses but also debt, mortgage payments, and, in select cases, assistance with childcare or college tuition. AZ Insurance additionally offers home, auto, and business insurance.

  • Health Insurance
  • Life Insurance

Delaware

Expertise.com Rating

Review Sources

Google
4.6 (20)

Why choose this provider?

Frankos Insurance Agency is a full-service independent business that serves customers in the Delaware area. It is a life insurance company that offers term, whole, and universal policies for individuals and families. Its advisors also provide other personal and business insurance solutions that meet their clients' needs. The business works with insurance companies such as Allstate, American Modern, Encompass, Hagerty, Travelers, and Progressive. The agency's principal, Michael Frankos, has been in the insurance industry since 2000.

  • Life Insurance

Delaware

Expertise.com Rating

Review Sources

Facebook
5.0 (14)
Google
4.2 (5)

Why choose this provider?

Allen Insurance Group is an independent agency that caters to families and businesses in Delaware. It offers term, universal, whole, and variable life insurance policies, which may be used to cover education or funeral expenses, debt payments, and estate taxes. The firm also provides group life insurance plans with flat benefits or multiple salary options. Additionally, Allen Insurance Group carries retirement plans, including IRAs, annuities, 401K, and long-term care. It has been serving the community since 1932.

  • Life Insurance

Delaware

Expertise.com Rating

Review Sources

Facebook
4.8 (35)
Google
4.2 (5)
Yelp
5.0 (1)

Why choose this provider?

Avery Hall is an insurance brokerage firm that has been serving individuals, families, and businesses in and around Delaware since 1925. It offers various risk management solutions to clients, including term and whole life insurance. A combined term and whole life insurance option is available. The brokerage also provides coverage for homes, automobiles, and rental properties. Avery Hall is a member of the International Association of Insurance Professionals. It supports non-profit organizations, such as United Way of Lower Eastern Shore and Habitat for Humanity.

  • Individual Plans
  • Health Insurance
  • Life Insurance

Compare our Top Life Insurance Companies

NameExpertise RatingAddressPromotionsLearn more
Wilgus Insurance Agency & Financial Services
400 Delaware Ave 103, Delaware, DE 19966
Muncie Insurance
1011 Norman Eskridge Hwy, Delaware, DE 19973
Blue Hen Insurance
108 Patriot Dr, Ste A, Delaware, DE 19709
Williams Insurance Agency
4550 Linden Hill Road Linden Park, Suite 303, Delaware, DE 19808
Drexel Agency Inc.
PO Box 669, Delaware, DE 19063
We Insure Prosperity
16394 Paynters Mill Blvd Ste 202, Delaware, DE 19968
L&W Insurance
3705 Kennett Pike, Delaware, DE 19807
Records/Gebhart Insurance Planning
2 North Market St, Delaware, DE 19977
Insley Insurance & Financial Services
110 Christiana Medical Center, Delaware, DE 19702
AZ Insurance
65 N. Dupont Hwy, Delaware, DE 19901
Frankos Insurance Agency
375 W. North Street A, Delaware, DE 19904
Allen Insurance Group
410 Delaware Avenue,, Delaware, DE 19801
Avery Hall
200 Broadkill Road Suite 3, Delaware, DE 19968

FAQs

  • 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.

  • How does life insurance work?

    The details of how life insurance works depend on your individual plan, but the basics are as follows: 

    • You pay a premium to purchase the insurance. Typically the premium is paid monthly, but it could be rolled into quarterly, bi-annual, or annual payments. 
    • As long as you are meeting or have met premium obligations, if you pass away, the insurance company makes the agreed-upon payment to the beneficiaries you designated. 
    • Beneficiaries usually have to provide the insurance company with a death certificate to receive their payments.
  • How much is life insurance?

    The cost of life insurance ranges widely. Term life insurance can cost as little as a few dollars a day, and whole life insurance can cost thousands per month on the high end. Factors that impact the cost of your life insurance include whether you're choosing term life insurance or whole life insurance, your age, how much coverage you want, your overall health, and your gender.

  • Is life insurance taxable?

    Life insurance proceeds are the funds paid via your plan to your beneficiaries if you pass away. These are also called death benefits. Typically, these are not considered income for taxes. If you take out cash value from a whole life insurance investment and the amount exceeds how much you paid in premiums, the difference may be considered taxable income.


  • Can I buy health insurance that is not Obamacare?

    When people say "Obamacare insurance," they typically mean insurance within the health insurance marketplace. You can get health insurance outside of the marketplace by going through your employer, choosing COBRA coverage if you leave your job, or buying a short-term health insurance policy through an insurance agent. ACA-compliant plans meet all the benefits and coverage requirements of the Affordable Care Act. But you may be able to find supplemental or short-term coverage that simply provides peace of mind for major medical expenses.

  • Can I buy health insurance anytime?

    To buy health insurance in the marketplace, you must purchase it within open or special enrollment periods. But you can purchase short-term coverage to bridge the gap between now and the next open enrollment period. These plans are meant to be used for less than a year. You can purchase them online or via insurance agents, but they may not be ACA-compliant.

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