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2024

Last updated:

Best Life Insurance Companies in Bloomington

Our Recommended Top 18

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 Bloomington 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.

3845

Reviewed

2314

Curated

18

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
113 3rd Street East, Carver, MN 55315
  • Life Insurance

Why choose this provider?

Carver Insurance Group is an insurance agency that offers various insurance packages for customers in Bloomington. Its insurance solutions are customized to fit the unique financial needs and circumstances of clients. Its agents provide life insurance policies to protect families and loved ones in the event of death. As an independent agency, it allows clients to choose life insurance with varying terms and coverages. Some of the agency's insurance carrier partners are Nationwide, Ram Mutual, SafeCo, and Encompass Insurance.

License Verified:

License: 20435957

The Minnesota Department Of Commerce Licensing Unit

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 (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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
2626 E 82nd St 390, Bloomington, MN 55425
  • Life Insurance
  • Health Insurance

Why choose this provider?

Casey Charlson is a third-generation State Farm agent serving clients in Bloomington and the neighboring areas. He provides life insurance plans with options for universal, term, and whole life coverages. He also assists clients with their health insurance needs and offers policies for businesses, properties, homes, automobiles, and pets. Casey and his team have nearly a century’s worth of combined experience. He is also a qualifier for the Ambassador Club, Chairman’s Circle, SVP Club, and President’s Club.

License Verified:

License: 20475265

The Minnesota Department Of Commerce Licensing Unit

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 (140)
Facebook
3.0 / 5 (5)
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
15870 Franklin Trail Southeast, Prior Lake, MN 55372
  • Life Insurance

Why choose this provider?

Oak Tree Insurance is a Minnesota-based independent insurance agency catering to Bloomington and Prior Lake. It provides exhaustive life insurance plans with options for disability, universal life, return of premium term life, instant issue term life, and whole life insurance. The agency was founded in 2013 by Corey Stich, a banker and financial advisor who has been in the financial industry since 2001. Oak Tree Insurance is an Atlas Insurance Brokers partner and represents carriers such as Nationwide, AAA, Progressive, and American Modern.

License Verified:

License: 20314087

The Minnesota Department Of Commerce Licensing Unit

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 (4)

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
700 Commerce Drive Suite 160, Woodbury, MN 55125
  • Life Insurance

Why choose this provider?

Cludy Family Insurance is an independent insurance agency that serves clients in Bloomington. It offers two life insurance plans for individuals, including term insurance and permanent insurance. It also offers other types of insurance products, such as auto, home, and health insurance. To deliver insurance policies that suit the needs of individuals and businesses, Cludy Family Insurance works with more than 30 insurance companies. Brian Cludy established the agency in 2010. He has more than 15 years of experience in the insurance industry.

License Verified:

License: 40289831

The Minnesota Department Of Commerce Licensing Unit

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 (3)

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
783 Radio Drive, Woodbury, MN 55125
  • Life Insurance
  • Term Life Insurance
  • Permanent Life Insurance Policy

Why choose this provider?

Red Rock Insurance Agency has been helping to secure the lives of residents in Bloomington for more than 25 years. This local firm offers a wide variety of personalized insurance products such as home, life, health, motorcycle, and business insurance. Furthermore, this firm provides car insurance that offers protection against injury resulting from traffic collisions and against liability that could arise from incidents in a vehicle. Red Rock Insurance Agency's goal is to create lasting relationships with its clients.

License Verified:

License: 40571855

The Minnesota Department Of Commerce Licensing Unit

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.
4.2
Google
4.0 / 5 (11)
Facebook
5.0 / 5 (2)

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.
4.8
Responsiveness
Friendliness
Helpfulness
Detail

Website
9001 East Bloomington Freeway, Bloomington, MN 55420
  • Life Insurance

Why choose this provider?

Leverty Insurance Strategies is a Bloomington-based insurance company that has been offering life coverage since 2018. The company is owned and led by John Leverty who has been in the industry since 1990 and specializes in life, health, and disability insurance policies. Leverty Insurance Strategies caters to individual solutions including long-term care and health insurance products. The company also handles business insurance covering group insurance plans, dental, and disability. It also offers travel and medicare insurance to its clientele.

License Verified:

License: 20058070

The Minnesota Department Of Commerce Licensing Unit

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 (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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
14198 Commerce Avenue Northeast, Prior Lake, MN 55372
  • Life Insurance

Why choose this provider?

AB & B Insurance is a life insurance agency serving clients in Bloomington and its surrounding areas. The company provides a wide range of options for life insurance including term, whole, and universal. Other insurance products for homes, condominiums, vehicles, contractors, and businesses are also available. Owned by Dennis Trabing, this independent agency has partnered with top insurance carriers, such as The Hartford, Stillwater Insurance Group, Bristol West Insurance Group, Safeco Insurance, and Foremost Insurance Group.

License Verified:

License: 20226834

The Minnesota Department Of Commerce Licensing Unit

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 (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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
15250 Wayzata Boulevard, Wayzata, MN 55391
  • Life Insurance
  • Health Insurance

Why choose this provider?

Minnesota Insurance Group, Inc., is an independent insurance agency that offers term life, universal life, and whole life insurance plans to clients in Bloomington and the surrounding areas. It also provides personal insurance policies, which cover motorcycles, boats, recreational vehicles, condos, and homes. Moreover, it handles business owners' insurance, commercial property insurance, general liability insurance, employee practices liability insurance, and cyber liability insurance plans. Its president is Dawn Bijou Janes-Bartley.

License Verified:

License: 8944292

The Minnesota Department Of Commerce Licensing Unit

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 (20)
Yelp
4.0 / 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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
15025 Garrett Avenue, Apple Valley, MN 55124
  • Life Insurance
  • Health Insurance

Why choose this provider?

Mayer Insurance Agency is dedicated to helping individuals, families, and businesses design the coverage they need. It encourages clients to realize their insurance goals and offers coverage options with the flexibility to match their requirements. The firm offers insurance products such as life, health, home, and auto insurance. As an independent agency, it represents several carriers including Allied Insurance, MetLife, Kemper, and Foremost. Located in Apple Valley, Mayer Insurance has been serving clients across Bloomington and the surrounding areas for more than 25 years.

License Verified:

License: 20453580

The Minnesota Department Of Commerce Licensing Unit

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 (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
250 Hamline Avenue South, Saint Paul, MN 55105
  • Life Insurance
  • Health Insurance

Why choose this provider?

Established in 1960, Wiessner Insurance Agency is a family-owned company that serves clients in St. Paul and the surrounding areas, including Bloomington. The agency offers life, health, home, and auto insurance plans. It also provides commercial insurance solutions, such as business buildings and contents insurance, as well as employer's liability, public liability, and product liability insurance. It partners with insurance carriers such as AAA Insurance, Safeco, Wilson Mutual, Allied, Foremost, and MetLife Insurance as well. Wiessner Insurance Agency has two locations in St. Paul.

License Verified:

License: 642

The Minnesota Department Of Commerce Licensing Unit

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 (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
14579 Grand Avenue, Burnsville, MN 55306
  • Life Insurance
  • Health Insurance

Why choose this provider?

Value Plus Insurance is an independent agency serving the Bloomington metro. Its insurance professionals help families and individuals obtain life insurance plans which include term and variable coverages. They also offer health, auto, commercial, homeowners, and renter's insurance. Owned by Mark Sibenaller and Rick Mogelson, Value Plus Insurance works with multiple carriers in creating personalized insurance coverages suited to the clients' needs. Sibenaller has been in the insurance industry for nearly 25 years, while Mogelson started his insurance career in 1998.

License Verified:

License: 20254508

The Minnesota Department Of Commerce Licensing Unit

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)

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
8609 Lyndale Avenue South, Bloomington, MN 55420
  • Life Insurance

Why choose this provider?

Katy Hunter Insurance Agency has been delivering personalized coverage plans to the residents of Bloomington since 2013. It offers term life, whole life, universal life, return of premium term, and instant issue term insurance plans. The company works with more than 25 carriers to provide its clients various life insurance options and aid them in choosing one that is suitable for themselves and their families. Katy Hunter Insurance Agency also handles auto, motorcycle, cabin, condo, health, and business insurance.

License Verified:

License: 40575543

The Minnesota Department Of Commerce Licensing Unit

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 (3)
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.
4.8
Responsiveness
Friendliness
Helpfulness
Detail

Website
6620 Penn Avenue South, Minneapolis, MN 55423
  • Life Insurance
  • Health Insurance

Why choose this provider?

Karl Herman is an insurance agent from State Farm who has been helping clients protect their assets and dependents since 2016. With a combined experience of 75 years, his team offers life insurance and financial services to clients. Other products provided include auto insurance, homeowners insurance, property insurance, business insurance, and health insurance. Karl also has expertise in providing banking solutions, mutual funds investment, and annuities. He supports numerous non-profit organizations and is fluent in English, Arabic, and French.

License Verified:

License: 40385939

The Minnesota Department Of Commerce Licensing Unit

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 (112)
Facebook
4.0 / 5 (25)
Yelp
3.0 / 5 (2)

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
20960 Holyoke Avenue, Lakeville, MN 55044
  • Life Insurance

Why choose this provider?

Insuring Minnesota is an independent full-service insurance agency catering to clients in the Bloomington area. Its personal insurance products include life and health insurance as well as coverage for boats, cars, motorcycle, and homes. Insuring Minnesota specializes in providing business insurance for a wide variety of businesses, including bars, craft breweries, restaurants, tree service, and septic contractors. It also offers coverage for commercial vehicles, general business liabilities, and workers' compensation. Insuring Minnesota was founded in 1982.

License Verified:

License: 40473904

The Minnesota Department Of Commerce Licensing Unit

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 (29)

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
7600 Parklawn Avenue, Minneapolis, MN 55435
  • Life Insurance
  • Long Term Care

Why choose this provider?

R Kemp Agency near Bloomington is an independent insurance agency that specializes in insurance products and personal finance solutions in the metro. The company has been operating for more than 50 years and provides both personal and business insurance lines. Its life insurance products include term insurance and permanent insurance that provides financial compensation to policyholders upon death. It also offers specialty life insurance products such as Medicare, long-term care insurance, as well as retirement insurance plans.

License Verified:

License: 40118384

The Minnesota Department Of Commerce Licensing Unit

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 (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
7700 Equitable Drive, Eden Prairie, MN 55344
  • Life Insurance
  • Term Life Insurance

Why choose this provider?

Boys & Tyler Financial Group, Inc. provides an array of financial solutions to individuals and business owners in Bloomington. It offers life insurance policies including term life insurance, variable life insurance, universal life insurance, and whole life insurance. The company also has other individual products like medical insurance, dental insurance, long-term care insurance, disability income, and health saving account. Boys & Tyler Financial Group, Inc. has a strong focus on helping clients pursue their financial goals.

License Verified:

License: 6499

The Minnesota Department Of Commerce Licensing Unit

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
16186 Main Avenue Southeast, Prior Lake, MN 55372
  • Life Insurance
  • Health Insurance

Why choose this provider?

Speiker & Company, Ltd., addresses the life insurance needs of clients in Bloomington and the surrounding communities. It assists its clients in finding the right insurance coverage to help them pay their mortgage, college funds, and final expenses. Its life insurance options include universal and whole life, as well as simplified issue for children. Speiker & Company also provides options for health and business insurance. Moreover, it is a Trusted Choice agency, working with various carriers, including Travelers, Humana, and Progressive.

License Verified:

License: 6719

The Minnesota Department Of Commerce Licensing Unit

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 (13)

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.
2.5
Responsiveness
Friendliness
Helpfulness
––
Detail
––

Website
900 American Boulevard East, Bloomington, MN 55420
  • Life Insurance
  • Health Insurance

Why choose this provider?

Aklog Asfaw Agency is a life insurance company serving clients in Bloomington and the surrounding areas. The business offers a wide range of life insurance coverage, including term, whole, universal, and return of premium term life. It also offers products for health, home, renters, car, and business insurance. Its owner, Aklog Asfaw, is a member of Atlas Insurance Brokers and has been in the industry for over seven years. Moreover, the business represents multiple insurance carriers, including MetLife, Travelers, and Progressive.

License Verified:

License: 20353045

The Minnesota Department Of Commerce Licensing Unit

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.
3.7
Google
3.0 / 5 (11)
Facebook
5.0 / 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

Frequently Asked Questions

  • Why might residents of Bloomington benefit from choosing an independent insurance agent over a captive one?

    Choosing an independent insurance agent in Bloomington can provide residents with a broader range of options. Unlike captive agents, who are restricted to a single insurer, independent brokers search multiple providers. This benefit extends beyond pricing to include specialized coverage, such as life insurance. It is preferable to obtain life insurance from a specialized provider rather than one who also covers your vehicle. With their expertise, independent agents strive to find the best match for their clients.

  • In Bloomington, is there a timeframe for filing disputes for denied life insurance claims?

    Individuals have 60 days to challenge a denied claim if the life insurance in Bloomington was obtained through an employer's group plan. There is no time limit for resolving claim disputes under other types of life insurance. However, responding quickly to a refusal increases the chances of gathering critical evidence to validate the claim, reinforcing the chances of a favorable resolution.

  • In Bloomington, can individuals utilize their existing life insurance to cover their mortgage debts upon their demise?

    Yes, if the policyholder dies, both term and cash-value life insurance policies in Bloomington can be used to pay off outstanding mortgage balances. While mortgage lenders may suggest mortgage protection term policies, they rarely require them. It is worth noting that a person's personal life insurance can be sufficiently adaptable to meet such financial requirements.

  • Can beneficiaries in Bloomington receive payment despite policy lapses not attributed to the policyholder's error?

    In Bloomington, beneficiaries may still be eligible for payment if a lapse occurred due to the insurer's error, such as failing to send out the required lapse notices. Situations such as the policyholder being entitled to a disability waiver of premium but not receiving it, or an employer mishandling policy administration or failing to provide conversion documents, can also result in payment to the beneficiary. The key point is that the lapse should not have been the policyholder's fault.

  • How should Bloomington residents determine whether to buy term or cash value life insurance?

    Whether someone in Bloomington buys term or cash value life insurance depends on their own needs. First, you have to figure out how much coverage you need. If it is a lot and you are on a tight budget, term insurance might be a good choice because it is cheaper. If the budget allows for either choice, the choice should be based on things like tax bracket, length of insurance (short or long-term), and returns on investments with similar risks.

  • 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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