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2024

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Best Life Insurance Companies in South Dakota

Our Recommended Top 10

We did the research for you!

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  • User Reviews
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Our goal is to connect people with the best local professionals. We scored South Dakota 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.

39715Reviewed

23833Curated

10Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

South Dakota

Expertise.com Rating

Review Sources

Google
5.0 (28)
Facebook
5.0 (13)

Why choose this provider?

South Dakota Senior Insurance Agency provides term and whole life insurance to help relieve the financial burdens of beneficiaries upon their loved one’s passing. Its agents carry critical illness policies for clients diagnosed with covered conditions, such as cancer, heart attack, or stroke. They also offer options to reimburse policyholders for the care given in assisted living facilities and nursing homes. Before establishing his company in 2014, founder Brian Spire worked for an insurance agency assisting people with their Medicare needs.

  • Life Insurance

South Dakota

Expertise.com Rating

Review Sources

Facebook
5.0 (11)
Google
5.0 (3)

Why choose this provider?

Kohmer Agency Inc. is a family-owned and family-operated insurance firm that caters to clients in South Dakota. The company offers life insurance to individuals, including term and permanent policies. It also provides auto, motorcycle, recreational vehicle, farm, and homeowners' insurance. The agency also offers business insurance to clients from various industries, such as healthcare, real estate, construction, manufacturing, and hospitality. For over two decades, it has worked with various carriers, including Farmers Mutual of Nebraska, North Star, Farmers Alliance, Nationwide On Your Side, and Wellmark.

  • Health Insurance
  • Life Insurance

South Dakota

Expertise.com Rating

Review Sources

Google
5.0 (4)

Why choose this provider?

Sprik Financial Group manages life insurance policies for individuals across the state of South Dakota. The full-service financial institution frequently handles term life, whole life, universal life, and variable universal life insurance products, in addition to survivorship life insurance, which is frequently utilized to achieve estate planning or business continuance objectives. Founder Darwyn Sprik holds the Life Underwriter Training Council Fellow, Retirement Income Certified Professional, and Certified Long-Term Care designations and has been in the finance industry since 2009.

  • Term Life Insurance
  • Whole Life Insurance
  • Life Insurance

South Dakota

Expertise.com Rating

Review Sources

Google
4.6 (18)
Facebook
5.0 (9)

Why choose this provider?

Insurance Plus caters to South Dakota locals, helping them shop for and acquire various insurance solutions as an independent insurance agency. It offers life insurance policies that are suited to clients' financial capabilities and adaptable to their changing circumstances. The company also helps individuals and businesses acquire coverage for their automobiles, property, and general legal liability. In addition to insurance solutions and services, Insurance Plus serves its community through its support of organizations like the Exchange Club of Aberdeen and Safe Harbor.

  • Health Insurance
  • Life Insurance

South Dakota

Expertise.com Rating

Review Sources

Google
5.0 (3)

Why choose this provider?

Marin-Biel Insurance is an independent insurance agency that serves families and businesses in South Dakota. It offers a wide range of insurance products, including life, auto, home, and health. Its team of agents educates clients about different insurance products and uses them to develop tailored insurance coverage that matches clients' budgets and needs. The agency also has commercial insurance policies for properties, business auto, and inland marine. Marin-Biel Insurance has been in operation since 1983.

  • Life Insurance

South Dakota

Expertise.com Rating

Review Sources

Google
5.0 (4)

Why choose this provider?

Martin-Trudeau Insurance is an agency that offers whole, variable, and universal life insurance options for clients in South Dakota. The team also finds suitable insurance coverage for clients who are preparing for disabilities, accidents, and long-term medical treatments that may arise in the future. Martin-Trudeau Insurance has established its presence in the finance industry for more than five decades. The agency also assists clients with their home, auto, commercial, farm, livestock, and crop insurance needs.

  • Life Insurance
  • Health Insurance

South Dakota

Expertise.com Rating

Review Sources

Facebook
5.0 (16)
Google
3.5 (2)

Why choose this provider?

Juffer Inc. is an insurance agency that provides life insurance policies to residents of South Dakota. It assists individuals who want life insurance as part of their death benefit protection, cash accumulation, income tax benefits, or estate planning. The agency has term, whole life, and universal life policies. It also offers health insurance, including those with co-payment plans. In addition, the company has a line of other products like auto, homeowners', farm, crop, and commercial insurance.

  • Health Insurance
  • Life Insurance

South Dakota

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

Great Place Insurance serves the locals of South Dakota and the surrounding neighborhoods. The Sioux Falls-based, independent agency provides life insurance that is available in 10, 15, 20, 25, and 30-year level term options. It also offers other policies that include auto, health, commercial, home, and full-time RV coverage that is available in Iowa, Texas, Arizona, Minnesota, Nebraska, and Montana. Daniel Dougherty started the company in 1995 when it was known as Dougherty & Associates, Inc.

  • Health Insurance
  • Life Insurance

South Dakota

Expertise.com Rating

Why choose this provider?

Brueggeman Insurance offers life insurance policies through New York Life for individuals and families in South Dakota to help protect their future. It also offers health insurance plans through several well-known carriers, including Humana, Aetna, Mutual of Omaha, and Wellmark Blue Cross Blue Shield. The agency comprises agents Karla Christensen and Vincent Brueggeman, who have nine decades of combined experience in the insurance and financial services industry. Brueggeman Insurance itself has been in business since 1968.

  • Life Insurance

South Dakota

Expertise.com Rating

Review Sources

Google
4.9 (9)
Facebook
5.0 (8)

Why choose this provider?

Key Insurance serves the coverage needs of clients in South Dakota. It writes various policies under personal lines, including whole, universal, and variable universal life plans. These policies cover final expenses, survivor benefits and inheritance, and charitable gifts. The company's agents work alongside clients to help them pick a package that best meets their individual needs and financial goals. They assess and customize options from different insurance carriers, including American Modern, Acuity Insurance, and Zurich. The firm's partner, Jesse Konold, is a Certified Insurance Counselor.

  • Health Insurance
  • Life Insurance

Compare our Top Life Insurance Companies

NameExpertise RatingAddressPromotionsLearn more
South Dakota Senior Insurance Agency
South Dakota, SD 57769
Krohmer Agency Inc.
120 S Wallace Ave., South Dakota, SD 57382
Sprik Financial Group
7615 S Kenton Lane, Suite 100, South Dakota, SD 57108
Insurance Plus
405 NW 8th Avenue Suite 204, South Dakota, SD 57401
Marin-Biel Insurance
3416 Main St., South Dakota, SD 57472
Martin-Trudeau Insurance
1531 W Elm Avenue, South Dakota, SD 57301
Juffer Inc.
810 W Hwy-46, South Dakota, SD 57380
Great Place Insurance
3704 S Westport Ave, South Dakota, SD 57106
Brueggeman Insurance
1414 9th Ave SE, South Dakota, SD 57201
Key Insurance
210 E Grand Xing, South Dakota, SD 57601

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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