Expertise.com

Best Life Insurance Companies in Sioux Falls

2024

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls
Life Insurance Companies FAQs 〉

Last updated:

Website
4804 South Minnesota Avenue, Sioux Falls, SD 57108
  • Life Insurance

Why choose this provider?

Wilcoxon Insurance, Inc., is an independent insurance agency that provides insurance services to individuals, families, and businesses in Sioux Falls and the surrounding communities. It represents multiple carriers that offer a variety of insurance packages. It carries several life insurance policies and options. Additionally, it provides commercial insurance packages like commercial auto insurance, business interruption insurance, workers’ compensation insurance, liability insurance, and commercial property insurance. Blake Wilcoxon is the owner, president, and CEO of the firm.

License Verified:

License: 10021477

South Dakota Dept of Labor and Regulations, Division 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 (21)
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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
6809 South Minnesota Avenue, Sioux Falls, SD 57108
  • Life Insurance

Why choose this provider?

Kouri Insurance Agency is an independent agency that has been providing life insurance plans to clients in Sioux Falls and surrounding areas since 1970. Additionally, it provides auto, home, motorcycle, watercraft, and personal umbrella insurance policies. It also assists business owners to find business insurance plans that meet their requirements. Kouri Insurance Agency can be contacted around the clock in the event of emergency claims. The insurance carriers it represents include Foremost Insurance, Nationwide Insurance, and Progressive Insurance.

License Verified:

License: 7877

South Dakota Dept of Labor and Regulations, Division 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 (16)
Facebook
5.0 / 5 (2)
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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
700 East 14th Street, Sioux Falls, SD 57104
  • Life Insurance
  • Health Insurance

Why choose this provider?

DFS Insurance has been catering to every insurance needs of everyone living in Sioux Falls and all of South Dakota. Locally owned and operated, it specializes in home, auto, life, health, and business insurance products, and its professionals are fully committed to assisting every customer with their specific needs in mind. The team of experienced insurance agents strives to work hard to provide the best insurance products to their customers. The company is affiliated with various carriers including Wellmark, Allstate, and Travelers.

License Verified:

License: 6922

South Dakota Dept of Labor and Regulations, Division 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 (3)
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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
3701 West 49th Street, Sioux Falls, SD 57106
  • Life Insurance

Why choose this provider?

Midwest Division Insurance Agency offers various life insurance products from more than 30 providers. The family-owned and family-operated company has been serving Sioux Falls and the surrounding areas for more than 12 years. Apart from life insurance, it also offers Medicare supplemental, long-term care, and health insurance products. Founder Troy Bader has over 17 years of experience in the industry and customizes policies for senior citizens. Provisions like cancer, heart, and stroke plans can be included along with dental, vision, and hearing provisions.

License Verified:

License: 8187608

South Dakota Dept of Labor and Regulations, Division 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 (13)
Google
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
4300 South Louise Avenue, Sioux Falls, SD 57106
  • Life Insurance

Why choose this provider?

Compass Financial Group is a family-owned and operated financial planning company that has been servicing the insurance needs of clients in Sioux Falls for more than 35 years. It provides various services, including life insurance products, individual investments, and employer-sponsored plans. Company president John Haller earned his business degree from Augustana College and has been in the investment industry for more than 20 years. He is a certified financial planner, consultant, and counselor.

License Verified:

License: 209008

South Dakota Dept of Labor and Regulations, Division 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 (12)

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
3704 South Westport Avenue, Sioux Falls, SD 57106
  • Life Insurance
  • Health Insurance

Why choose this provider?

Dougherty & Associates Insurance Agency delivers term, whole, and universal life insurance products to individuals and families in Sioux Falls. As an independent agency, it maintains relationships with an extensive list of insurance companies to provide clients with tailor-fit insurance solutions. Its team of insurance professionals helps clients assess their situation to select a coverage that fulfills their needs and requirements. Dougherty & Associates is also licensed in Arizona, Iowa, Montana, and Texas. Daniel Dougherty, the founder, is an insurance agent with nearly four decades of experience.

License Verified:

License: 9575509

South Dakota Dept of Labor and Regulations, Division of Insurance

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
307 West 41st Street, Sioux Falls, SD 57105
  • Life Insurance
  • Health Insurance
  • Group Plans

Why choose this provider?

Founded in 1969, Boen & Associates Inc. is a risk management and insurance services provider serving Sioux Falls and nearby areas. In partnership with companies providing insurance solutions, Boen & Associates provides a vast array of insurance options, including life insurance. The company specializes in assisting businesses to implement and manage employee benefits such as group life and voluntary life plans and disability insurance. In addition, Boen & Associates also covers home, auto, health, and commercial lines insurance.

License Verified:

License: 1713

South Dakota Dept of Labor and Regulations, Division 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.
3.8
Google
4.0 / 5 (13)
Yelp
1.0 / 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
232 East 12th Street, Sioux Falls, SD 57104
  • Life Insurance

Why choose this provider?

Bechtel Insurance is a Sioux Falls-based insurance company that assists clients in the area and its surrounding communities. Since 1972, the agency has been assisting individuals and families in finding and securing life insurance plans that provide the coverage they need for their specific goals. The most common life insurance plans it assists with are term life, whole or permanent life, universal life, and disability insurance plans. Aside from life insurance, Bechtel Insurance also offers home and auto insurance services.

License Verified:

License: 59760

South Dakota Dept of Labor and Regulations, Division 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 (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
220 South Bahnson Avenue, Sioux Falls, SD 57103
  • Life Insurance

Why choose this provider?

Sperling Insurance is a family-owned company that has been providing coverage plans to Sioux Falls and its nearby areas for more than 20 years. The independent agency works with several insurance companies to provide a variety of life insurance products to its clients. Its agents educate clients on the products' differences and guide them in choosing one suitable for themselves and their families. Sperling Insurance also offers coverage plans for homes, farms, businesses, autos, boats, and recreational vehicles.

License Verified:

License: 1141

South Dakota Dept of Labor and Regulations, Division 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 (5)
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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
5000 South Mac Arthur Lane, Sioux Falls, SD 57108
  • Life Insurance
  • Health Insurance

Why choose this provider?

Midwest Employee Benefits is an insurance company that serves Sioux Falls and the surrounding areas. It offers insurance policies for individuals and group life and health coverage for companies. It also assists clients with dental insurance, Medicare, critical illness plans, and disability insurance. Owner Dawn Knutson has over 21 years of experience in the industry. She continues to pursue additional certifications and education to stay up to date with the latest market trends.

License Verified:

License: 10016888

South Dakota Dept of Labor and Regulations, Division 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.
4.6
Facebook
5.0 / 5 (4)
Google
4.0 / 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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
2917 East 57th Street, Sioux Falls, SD 57108
  • Life Insurance

Why choose this provider?

Parks Insurance Inc is a locally owned independent insurance company that provides insurance services to individuals, families, and businesses in Sioux Falls and the surrounding communities. It represents multiple carriers that offer a variety of insurance packages. It carries life insurance plans, short-term medical insurance, and long-term care insurance. Additionally, it provides Medicare insurance packages like Medicare COST plans, Medicare saving account, and Medicare supplements. Parks Insurance was founded in 1965 and has agents operating in 10 states, including Arizona.

License Verified:

License: 1521

South Dakota Dept of Labor and Regulations, Division 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.
4.2
Google
4.2 / 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
3208 East 26th Street, Sioux Falls, SD 57103
  • Life Insurance
  • Health Insurance

Why choose this provider?

Providence Financial provides insurance products and services to Sioux Falls and its surrounding areas. As an independent insurance agency, it has access to a range of life insurance providers with coverages and premiums that suit different individuals. Its team of agents assesses the needs of each client and provides them with information about carriers and policies that cover their unique needs. The company also handles other personal and business insurance lines including health insurance, auto insurance, homeowners' insurance, commercial property insurance, and general liability.

License Verified:

License: 10019853

South Dakota Dept of Labor and Regulations, Division 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 (288)
Facebook
5.0 / 5 (121)

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
7001 South Lyncrest Place, Sioux Falls, SD 57108
  • Life Insurance
  • Health Insurance

Why choose this provider?

McKinney Olson Insurance has been serving the local community for more than a century. It operates in three locations within Sioux Falls and Brandon, employing 27 staff members with a combined 600 years of industry experience. The company carries life insurance products catered to individuals and businesses. It offers different options from temporary to permanent coverage plans that are tailored to clients' needs. Additionally, it has other life insurance packages, such as long-term care, mortgage protection, and disability insurance.

License Verified:

License: 1684

South Dakota Dept of Labor and Regulations, Division 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.
4.6
Google
4.9 / 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.
3.3
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
2601 South Minnesota Avenue, Sioux Falls, SD 57105
  • Life Insurance

Why choose this provider?

1st State Agency is an insurance agency that has been serving customers in Sioux Falls since 1965. The agency has access to over 20 carriers, including Wellmark, Wright, and Liberty Mutual, that provide life, health, home, and business insurance products. For life insurance, the options for individuals include term life, whole life, and annual renewable term insurance. Group life insurance is also available for employers' employee benefits packages. Some of its other options are final expense and mortgage protection insurance policies.

License Verified:

License: 40247853

South Dakota Dept of Labor and Regulations, Division 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.
4.5
Facebook
4.0 / 5 (13)
Google
5.0 / 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
6330 South Western Avenue, Sioux Falls, SD 57108
  • Life Insurance

Why choose this provider?

Founded in 2014, Platinum Insurance Group, LLC, is an independent agency that delivers insurance solutions to businesses and individuals in the Sioux Falls metro. It is a life insurance service provider that helps clients in obtaining term and permanent coverages. These life insurance plans provide financial security to beneficiaries in the event of policyholders' unexpected death. Furthermore, Platinum Insurance Group offers other personal policies, including home, auto, motorcycle, watercraft, and flood insurance. Owner Janelle Goeden has been in the insurance industry since 2007.

License Verified:

License: 10017245

South Dakota Dept of Labor and Regulations, Division 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.
4.2
Google
4.0 / 5 (51)
Facebook
5.0 / 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
805 North Elmwood Avenue, Sioux Falls, SD 57104
  • Life Insurance
  • Health Insurance

Why choose this provider?

For more than 80 years, Brandon Perman Agency has been serving the insurance needs of customers throughout Sioux Falls. It helps its clients protect their loved ones against unforeseen events by providing a broad range of life insurance policies, including term, whole, and universal life insurance. It also offers homeowners', business, farm and ranch, and health insurance. Brandon Perman, a Farm Bureau agent since 2015, takes the time to get to know his clients to create an insurance plan that fits their unique needs.

License Verified:

License: 19009865

South Dakota Dept of Labor and Regulations, Division 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 (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
7521 South Louise Avenue, Sioux Falls, SD 57108
  • Life Insurance
  • Whole Life Insurance
  • Long Term Care
  • Term Life Insurance

Why choose this provider?

Darwyn Sprik is a financial advisor and the founder of Sprik Financial group who serves clients in Sioux Falls. His agency offers whole, term, universal, variable universal, and survivorship life insurance policies that protect beneficiaries financially in the event of an unexpected death. Darwyn has also been helping his clients in several areas, such as company succession and estate preparation, since 2009. In addition, he holds Life Underwriter Training Council Fellow and Retirement Income Certified Professional designations.

License Verified:

License: 40084847

South Dakota Dept of Labor and Regulations, Division 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 (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
2901 East 57th Street, Sioux Falls, SD 57108
  • Life Insurance

Why choose this provider?

Jill Van Ede is a State Farm insurance agent in Sioux Falls. Her insurance products include life, health, home, property, auto, and business. Life insurance policies she offers vary from term, whole life, and universal. For clients who wish to customize their life insurance plans, State Farm has an available select term policy. As a State Farm agent, Van Ede also assists her clients through policy or beneficiary changes. Van Ede can also help with banking, mutual funds, and annuity concerns.

License Verified:

License: 40042165

South Dakota Dept of Labor and Regulations, Division 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.
4.3
Google
4.0 / 5 (21)
Facebook
5.0 / 5 (7)
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
1601 East 69th Street, Sioux Falls, SD 57108
  • Life Insurance
  • Health Insurance
  • Long Term Care

Why choose this provider?

Ascend Financial is an insurance service provider that serves clients throughout the Sioux Falls area. This independent agency offers a wide range of insurance policies, including things like life and health insurance, long-term care and disability insurance, and estate planning. The company also has an online calculator to help clients decide on the life insurance policy. Company president and agent Kris Jerke has served the insurance industry for over two decades.

License Verified:

License: 10021276

South Dakota Dept of Labor and Regulations, Division 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 (26)
Facebook
5.0 / 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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Frequently Asked Questions

  • Is a medical examination required for obtaining life insurance in Sioux Falls?

    Yes. In most cases, you'll need to undergo a medical examination when applying for life insurance in Sioux Falls. The purpose of this examination is for the insurance company to evaluate your health and determine if they can provide you with coverage, as well as calculate the cost for that coverage based on your health assessment.

  • What are the two types of term life insurance available in Sioux Falls?

    The first type of term life insurance in Sioux Falls is annual renewable term, bought for a one-year duration. There is an option to renew once the term expires, and the death benefit is only paid out if the insured dies within that year. The second type is level term, ensuring a consistent premium over a specified duration, typically ranging from 10 to 30 years. Coverage preferences and age affect your premium, with longer terms incurring higher costs.

  • Which life insurance plan is most appropriate for you in Sioux Falls?

    If you want lifelong coverage and cash value growth in Sioux Falls, whole life insurance might be your best option, providing reassurance that your loved ones will be financially secure when you pass away. In contrast, if you have short-term financial responsibilities or a tight budget, term life insurance could be a better fit, offering essential coverage for a specific timeframe at a cost-effective rate.

  • How can you compare life insurance quotes in Sioux Falls?

    You can get in touch with various insurance companies and ask for quotes based on your specific requirements and situation if you wish to compare life insurance quotes in Sioux Falls. To guarantee that the quotes are as precise as possible and reflect your final premium, it is ideal to supply accurate information. Online platforms and comparison tools can also aid in evaluating quotes from multiple insurance providers.

  • Is it possible to buy life insurance in Sioux Falls as a senior citizen?

    Yes. In Sioux Falls, elderly individuals have access to life insurance options designed for their needs. These include specialized plans like simplified issue life insurance or guaranteed issue life insurance, though it's important to note that age might impact plan availability and costs. It is wise to look into these options and evaluate prices from different insurance companies.

  • 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.

Related Articles

Featured6 Best Life Insurance Companies of 2023 Hero Image

6 Best Life Insurance Companies of 2023

Our top pick for the best life insurance company of 2023 is MassMutual, which features a wide variety of policies and riders ...