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2024

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Best Life Insurance Companies in Lynchburg, VA

Our Recommended Top 15

We did the research for you!

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Our goal is to connect people with the best local professionals. We scored Lynchburg 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.

3549Reviewed

2135Curated

15Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

7119 Peachtree Road, Lynchburg, VA 24502
WebsiteLicense: 126757

Expertise.com Rating

Review Sources

Google
5.0 (4)

Why choose this provider?

Central Virginia Financial Services is an independent company founded in 2009. It provides insurance, financial, and investment services to clients in Lynchburg and the surrounding areas. The company offers life insurance plans with coverages, such as whole, term, indexed, universal, and final expense. Additionally, health, medical, and specialized insurance plans are also available. Its financial products include annuities and retirement account transfers. Central Virginia Financial Services is an annuity specialist certified by the Institute of Business & Finance.

  • Life Insurance

22491 Timberlake Road, Lynchburg, VA 24502
WebsiteLicense: 129806

Expertise.com Rating

Review Sources

Google
4.0 (73)
Facebook
4.0 (25)

Why choose this provider?

Established in 2000, Hedges Insurance Agency LLC is an independent life insurance firm located in Lynchburg. The business offers life, car, umbrella, and renters' insurance policies for personal clients. Its professionals consult with clients to gain complete knowledge of their financial situation, commitments, and objectives. Before providing suggestions for term, entire, and universal life policies, they assess present and prospective wages, debts, familial duties, and holdings. The company has partnerships with Trusted Choice, Donegal Mutual, and Safeco Insurance.

  • Life Insurance
  • Health Insurance

801 Main Street, Lynchburg, VA 24504
WebsiteLicense: 106781

Expertise.com Rating

Review Sources

Google
5.0 (10)

Why choose this provider?

Campbell Insurance, headquartered in Lynchburg, is an independent insurance agency servicing the local metro and adjacent areas. Founded in 1918 by Walter Duval Campbell, Sr., the agency provides individual, personal, and commercial insurance products from different carriers. Its individual policies include life and variable life, disability, long-term care, medical, critical Illness, and annuities. It also offers auto, homeowners, renter's, watercraft, aviation, and builder's risk, among others. Campbell Insurance has two other office locations in Brookneal and Lexington.

  • Life Insurance

2601 Memorial Avenue, Lynchburg, VA 24501
WebsiteLicense: 105035

Expertise.com Rating

Review Sources

Google
4.0 (42)

Why choose this provider?

Adams Insurance Agency Inc. is an independent insurance agency that has been serving the residents of Lynchburg and the surrounding areas for more than 20 years. It offers life insurance as well as health insurance. Other insurance products it provides include auto, property, and commercial insurance. Adams Insurance Agency works with more than 30 insurance providers. In 2019, the company received the Best of Lynchburg Award in the Auto Insurance category from the Lynchburg Award Program.

  • Life Insurance
  • Health Insurance

2420 Langhorne Road, Lynchburg, VA 24501
WebsiteLicense: 110497

Expertise.com Rating

Review Sources

Google
4.0 (9)
Facebook
5.0 (8)

Why choose this provider?

Bost Insurance is a Lynchburg-based agent that works with Progressive to offer a selection of insurance products. The company carries life, auto, ATV, and renters' insurance plans. Its insurance professionals educate clients about their life insurance options, such as whole, term, and universal life insurance policies. They also provide coverage options for commercial automobiles, motorcycles, recreational vehicles, dirt bikes, and golf carts. Progressive Insurance, its carrier partner, has been in business since 1937 and has served over 18 million people.

  • Life Insurance

20566 Timberlake Road, Lynchburg, VA 24502

Expertise.com Rating

Review Sources

Google
4.0 (23)

Why choose this provider?

Andy Mathews Agency is an independent insurance agency in Lynchburg. It offers life insurance policies such as term life insurance, universal life insurance, and whole life insurance. The agency also provides business insurance services like business interruption insurance, hotel and motel hospitality insurance, product liability insurance, special event insurance, and general liability insurance. Other insurance options include auto insurance, boat and marine insurance, and motorcycle insurance. Andy Mathews, the business’s president/CEO, has been operating his own insurance agency for 30 years.

  • Life Insurance
  • Health Insurance

14805 Forest Road, Forest, VA 24551
WebsiteLicense: 103559

Expertise.com Rating

Review Sources

Google
4.0 (195)
Facebook
5.0 (55)

Why choose this provider?

Blue Ridge Insurance offers a broad range of personal insurance programs, including individual life insurance policies. It also helps Lynchburg residents with their home, auto, umbrella, and renters' insurance needs. This independent agency in Forest also helps small entrepreneurs through a variety of business insurance solutions, including flood, business auto, general liability, commercial umbrella, and business owners' insurance. Blue Ridge Insurance serves different industries, including restaurants, child care centers, hospitals, manufacturing companies, and non-profit organizations.

  • Life Insurance

3723 Old Forest Road, Lynchburg, VA 24501
WebsiteLicense: 137100

Expertise.com Rating

Review Sources

Google
5.0 (2)
Facebook
5.0 (2)

Why choose this provider?

Gardner Insurance Solutions, LLC, is an independent insurance provider located in Lynchburg. Serving Virginia residents since 1993, it provides life insurance products, including term, whole, and universal life insurance as well as mortgage protection insurance and fixed annuities from multiple insurance companies. The agency also offers a wide array of personal insurance lines covering automobiles, homes, high net worth individuals, and valuable items. Billing and payments, filing claims, and policy changes are some of its services available online.

  • Life Insurance

1301 Old Graves Mill Road, Lynchburg, VA 24502
WebsiteLicense: 107581

Expertise.com Rating

Review Sources

Google
4.1 (12)
Facebook
4.2 (6)

Why choose this provider?

Established in 1864, Scott is an insurance service provider serving Lynchburg residents and the surrounding communities. Its health insurance and Medicare policy fall under its for the individual category. The life events that qualify for a special enrollment period include adoption, change in marital status, moving, and retirement. It also covers those clients who experience loss of employer, aging out of dependent coverage, or Medicare eligibility due to age or disability. Other insurance products available include auto, home, and property.

  • Group Plans

101 Duncraig Drive, Lynchburg, VA 24502
WebsiteLicense: 125489

Expertise.com Rating

Review Sources

Google
5.0 (50)
Facebook
4.0 (19)
Yelp
5.0 (8)

Why choose this provider?

Founded in 2008, Nelles Insurance Solutions is an independent insurance agency based in Lynchburg. The agency offers a variety of life insurance policies and products, ranging from fixed annuities to final expense, individual life, and mortgage protection insurance. Its insurance professionals shop from multiple insurers to find the coverage plan that meets the client's requirements. Nelles Insurance Solutions has received recognition as Best Insurance Agency by the Lynchburg News and the Advance Readers’ Choice Awards.

  • Life Insurance

6200 Fort Avenue, Lynchburg, VA 24502

Expertise.com Rating

Review Sources

Google
4.0 (3)

Why choose this provider?

Hodges Insurance Agency, LLC, is an independent agency located in Lynchburg. It offers life insurance services for individuals who want to plan for the future finances of their families, businesses, and charities after they die. It also helps clients apply for a term life policy that benefits their families if they die during the term. Additionally, it assists with permanent life insurance that allows clients to receive lump sums. It works with several insurance carriers, including Genworth Financial, American Equity, Assurity, and American General.

  • Health Insurance
  • Life Insurance

1309 Enterprise Drive, Lynchburg, VA 24502
WebsiteLicense: 109864

Expertise.com Rating

Why choose this provider?

Perry & Mays Insurance Agency is a team of independent agents located in Lynchburg. They customize different types of protection plans, including life, umbrella, home, auto, and renters' insurance. Furthermore, the company offers a full range of risk management solutions for businesses and has provided insurance for property managers, auto dealers, and contractors. The agents have access to policies from numerous providers such as Progressive and Auto-Insurance. Perry & Mays Insurance Agency has been in service since 1949.

  • Life Insurance

7791 Richmond Highway, Appomattox, VA 24522
WebsiteLicense: 945196

Expertise.com Rating

Review Sources

Google
5.0 (10)
Facebook
5.0 (2)
Yelp
5.0 (1)

Why choose this provider?

Joey Eades is a life insurance agent serving clients in Lynchburg and the surrounding areas. He caters to individuals and families, providing a wide range of insurance products, including life, health, home, auto, and pet insurance. Eades also provides options for business and commercial property insurance, in addition to annuities, mutual funds, and banking services. He is also a member of the Appomattox Chamber of Commerce. Moreover, Eades is active in the community and supports local youth sports organizations.

  • Life Insurance
  • Health Insurance

25 Greystone Drive, Lynchburg, VA 24502
WebsiteLicense: 113086

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Parker Shelton & Associates, Inc., has been serving the community of Lynchburg, Christiansburg, Martinsville, Stuart Virginia, and surrounding areas since 1991, with its main office located in Christiansburg. The company is offering insurance coverage for people looking for one like automobile insurance, homeowners' insurance, business insurance, life and health insurance, and recreational product. They offer long-term care and disability insurance under its line of products for life and health insurance. Parker Shelton & Associates, Inc., is a proud partner of carriers like Safeco Insurance, Utica National Insurance Group, and American Modern.

  • Life Insurance
  • Health Insurance

22174 Timberlake Road, Lynchburg, VA 24502
WebsiteLicense: 125404

Expertise.com Rating

Review Sources

Google
5.0 (41)
Facebook
5.0 (11)
Yelp
5.0 (1)

Why choose this provider?

Insurance Consultants of Lynchburg is a team that serves customers in the metro who are looking for auto, business, home, and life insurance coverage. Its life insurance plans cover final expenses, fixed annuities, and mortgage protection. To give clients an outlook about the coverage they need, it presents options including universal, term, and whole life insurance policies. The team also provides business insurance services to cover surety bonds, special events, farms, cargos, general liability, and workers' compensation. The company has over 27 years of experience.

  • Life Insurance

Compare our Top Life Insurance Companies

NameExpertise RatingAddressPromotionsLearn more
Central Virginia Financial Services
7119 Peachtree Road, Lynchburg, VA 24502
Hedges Insurance Agency, LLC.
22491 Timberlake Road, Lynchburg, VA 24502
Campbell Insurance
801 Main Street, Lynchburg, VA 24504
Adams Insurance Agency Inc.
2601 Memorial Avenue, Lynchburg, VA 24501
Bost Insurance
2420 Langhorne Road, Lynchburg, VA 24501
Andy Mathews Agency
20566 Timberlake Road, Lynchburg, VA 24502
Blue Ridge Insurance
14805 Forest Road, Forest, VA 24551
Gardner Insurance Solutions, LLC
3723 Old Forest Road, Lynchburg, VA 24501
Scott
1301 Old Graves Mill Road, Lynchburg, VA 24502
Nelles Insurance Solutions
101 Duncraig Drive, Lynchburg, VA 24502
Hodges Insurance Agency, LLC
6200 Fort Avenue, Lynchburg, VA 24502
Perry & Mays Insurance Agency
1309 Enterprise Drive, Lynchburg, VA 24502
Joey Eades
7791 Richmond Highway, Appomattox, VA 24522
Parker, Shelton & Associates Inc
25 Greystone Drive, Lynchburg, VA 24502
Insurance Consultants of Lynchburg
22174 Timberlake Road, Lynchburg, VA 24502

FAQs

  • Are you required to fill out the beneficiary form for your insurance policy in Lynchburg?

    Applicants for life insurance in Lynchburg are strongly advised to complete the beneficiary form. Your beneficiary will receive the life insurance payout if you die unexpectedly. You can name your spouse, children, parents, or siblings as your beneficiaries. Nonetheless, if a life event occurs, such as the birth or death of a family member, or divorce, make sure to update your beneficiary form.

  • What are the prevalent reasons why life insurance claims in Lynchburg are denied?

    Life insurance claims in Lynchburg are frequently denied due to gaps in coverage. Additionally, claims are not paid out if the policyholder commits suicide or dies as a result of an accident that they caused. Suicides and deaths as a result of terrorist attacks are also included in this category. Finally, claims are rejected when there is alleged deception regarding the cause of death.

  • What should you avoid when looking for life insurance in Lynchburg, and what are the most common scams?

    Indexed Universal Life Insurance returns are exaggerated by some Lynchburg life insurance agents who fail to explain the complexities and hidden costs. Furthermore, churning schemes involve insurance agents convincing policyholders to switch plans or make unneeded changes. These changes may appear to be beneficial, but they raise rates or reduce benefits. Untrustworthy insurance salespeople prioritize commissions over the financial well-being of their clients.

  • Does Lynchburg have a statute of limitations for contesting a refusal of a life insurance claim?

    Lynchburg follows Virginia law, which provides policyholders of group life insurance policies offered by employers with a statute of limitations for contesting a denial of a life insurance claim. They have 60 days to file a dispute. Check your policy to see when you should file a claim for reimbursement.

  • Is it possible to modify the designated beneficiary of a life insurance policy upon the demise of the insured in Lynchburg?

    Yes, it is possible to change the beneficiary designation of a life insurance policy in Lynchburg after the insured's death. However, this is only possible if the life insurance policy is contested. The process is complicated and may result in a court-ordered beneficiary change. A beneficiary designation is legally binding, and the insurance company distributes the death benefit in accordance with the policyholder's most recent lawful designation.

  • 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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