Expertise.com

2024

Last updated:

Best Life Insurance Companies in Allen

Our Recommended Top 16

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 Allen 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.

4362Reviewed

2623Curated

16Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

1009 Oakwood Lane Unit 120803, Arlington, TX 76012
WebsiteLicense: 2083788

Why choose this provider?

Prosperitas Wealth Management LLC serves customers in and around Allen. The business provides disability income, long-term care, and life insurance policies. Founder Thomas Payne brings over 20 years of industry experience to help individuals choose their life insurance coverage, which involves educating them on term and permanent plans and addressing issues involving fixed, immediate, and deferred annuities. He is a registered investment advisor, handling donor-advised funds and model portfolios. Prosperitas Wealth Management is a member of the Financial Planning Association.

  • Permanent Life Insurance Policy
  • Individual Plans
  • Life Insurance
  • Term Life Insurance

571 South Angel Parkway, Lucas, TX 75002
WebsiteLicense: 2399249

Expertise.com Rating

Review Sources

Google
5.0 (40)

Why choose this provider?

Robert Garcia Agency provides individuals, families, and businesses with comprehensive insurance solutions. Serving Allen and the surrounding communities, its team of insurance professionals helps clients achieve financial security for themselves and their loved ones through life insurance plans with permanent and whole life insurance options. Business owners can also turn to the agency to create customized business insurance policies based on their goals and needs. Additionally, Robert Garcia Agency also carries home, auto, and recreational insurance.

  • Life Insurance
  • Term Life Insurance
  • Permanent Life Insurance Policy

6060 North Central Expressway, Dallas, TX 75206
WebsiteLicense: 2087321

Expertise.com Rating

Review Sources

Facebook
5.0 (3)

Why choose this provider?

Prestizia Insurance is an insurance agency near Allen that offers personal and business protection through insurance products and services. The company was founded 25 years ago by John Crist with the goal of providing insurance and financial services in the area. It offers life insurance products such as term life, traditional whole life, universal life, and variable universal life insurance policies. Its life insurance products can help policyholders with final expenses, savings, creating additional income streams for dependents, and tax payments.

  • Life Insurance
  • Health Insurance

5805 Coit Rd Suite #401, Plano, TX 75093
WebsiteLicense: 830112

Expertise.com Rating

Review Sources

Google
4.9 (99)
Facebook
5.0 (25)
Yelp
5.0 (6)

Why choose this provider?

Matt Lohoefer Insurance serves clients in Allen and other locations. The company is a full-service insurance agency that was established in 1990. It has clients receiving coverage from the company for 10 years now. The company offers term life, permanent whole life, and universal life insurance. Clients may request a quote online. The company represents a variety of carriers to verify and compare rates for its clients. Matt Lohoefer Insurance also provides business, vehicle, and property policies.

  • Life Insurance

5900 South Lake Forest Drive, Allen, TX 75013
WebsiteLicense: 1997693

Expertise.com Rating

Review Sources

Google
5.0 (123)

Why choose this provider?

Your Agent LLC is a locally-owned and locally-operated insurance firm in Allen specializing in personal and business lines. The firm assists clients in obtaining life insurance policies for themselves, their families, and other dependents. Its insurance agents shop for various coverage options from statewide and national providers, such as term life, whole life, and universal life insurance. Owner and insurance agent Nuria Wyatt opened the company in 2018. She previously worked for a Fortune 100 firm before establishing her own agency.

  • Life Insurance

11330 Legacy Drive, Frisco, TX 75034
WebsiteLicense: 919061

Expertise.com Rating

Review Sources

Facebook
5.0 (5)

Why choose this provider?

Rick Hittle is an insurance agent from State Farm who has been serving clients since 1983. He offers term life insurance, whole life insurance, and universal life insurance to clients in Allen. Additionally, he also carries a variety of insurance policies for homes and properties, small businesses, health, liability, disability, and pets. Hittle is among the top 4% of State Farm agents in the country and has been awarded the Crystal of Excellence Trophy by State Farm.

  • Life Insurance
  • Health Insurance

1333 West McDermott Drive, Allen, TX 75013
WebsiteLicense: 1990478

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Davis & Associates Insurance Group is an independent agency that offers a full line of insurance solutions to individuals and businesses in Allen and nearby communities. It provides life insurance plans that are tailored to each client's specific situation and needs. It also helps clients who are looking for health, homeowners', renters', auto, and recreational insurance policies. Commercial plans that cover workers' compensation and practice and professional liability are likewise available. The agency works with different insurance carriers, such as MetLife, Safeco Insurance, and Foremost Insurance Group.

  • Life Insurance
  • Health Insurance

5205 Eastgate Lane, Allen, TX 75002
WebsiteLicense: 1445412

Expertise.com Rating

Review Sources

Google
5.0 (5)
Yelp
5.0 (1)

Why choose this provider?

Established in 2004, Schuler Insurance Services is an independent brokerage that serves residents and businesses in Allen. It specializes in life insurance policies, and it offers an array of risk management solutions, including term and permanent life insurance. It also provides specialty insurance and business life insurance plans. The brokerage works with multiple insurance carriers to offer its clients different insurance programs. Its owner, Corey Schuler, has been in the financial services industry since 2002.

  • Life Insurance

1402 South Custer Road, McKinney, TX 75070
WebsiteLicense: 1460697

Expertise.com Rating

Why choose this provider?

Christie Rhyne is a life insurance agent serving clients in Allen. She provides universal, whole, and term life insurance to prepare for the client's future. Besides life insurance, she also offers policies for properties, vehicles, and homes. Rhyne is an agent for State Farm Insurance, and she has been part of the company since July 2010. Her agency, the Christie Rhyne State Farm Insurance Agency, is committed to providing quality insurance products for individuals and businesses. It has a collective insurance experience of 84 years.

  • Life Insurance
  • Health Insurance

5912 Edgewood Drive, McKinney, TX 75070
WebsiteLicense: 696097

Why choose this provider?

Northcut Financial is an insurance company that gives services to clients throughout the Allen metro. It provides a variety of life insurance policies to individuals and businesses as well as group health and disability insurance, long-term care insurance, and individual health insurance. Additionally, Northcut Financial offers annuity assistance, investment and retirement planning, and income protection services. Its team's 47 years of combined experience has allowed it to develop a planning strategy that helps it assess its clients' financial potentials.

  • Life Insurance
  • Health Insurance

5900 South Lake Forest Drive, McKinney, TX 75070
WebsiteLicense: 1792161

Why choose this provider?

Nashional Insurance offers life insurance solutions to clients in Allen and the surrounding communities. It assists clients in planning and purchasing life insurance policies, including term, whole, universal, and indexed universal life. The company also provides health insurance options, in addition to disability income and annuities. Additional products such as commercial property and liability insurance are likewise available. Nashional Insurance is affiliated with multiple companies, including NXT Mortgage, Above & Below 1031, and Hodgson, Nash & Gwynn CPAs.

  • Life Insurance
  • Health Insurance

2961 McDermott Road, Plano, TX 75025
WebsiteLicense: 2206760

Expertise.com Rating

Review Sources

Google
5.0 (39)
Facebook
5.0 (9)
Yelp
5.0 (1)

Why choose this provider?

Cody McJunkins is a Farmers Insurance agent who caters to clients in the Allen area. He offers different life insurance products to find the plan that fits his clients. Risk management policies for vehicles, homes, and rental properties are available, as well as coverage for damages made by fires, floods, and theft. Additionally, commercial clients can avail themselves of business insurance solutions. Cody and his team provide insurance account reviews and create personalized policies that meet the clients' needs.

  • Life Insurance

1504 North Greenville Avenue, Allen, TX 75002
WebsiteLicense: 1896346

Expertise.com Rating

Review Sources

Google
4.0 (132)
Facebook
4.0 (12)
Yelp
5.0 (3)

Why choose this provider?

Matt Wills is an insurance agent who is affiliated with State Farm, an agency that opened in 2014. Matt provides insurance services and products to clients in Allen and the surrounding areas. He works with a team of licensed professionals to cater to their clients' needs. One of the offered products is life insurance, which comes in different types. Policies can be term life, universal life, or whole life. Clients may also request a change of policy.

  • Life Insurance
  • Health Insurance

101 East Park Boulevard, Plano, TX 75074
WebsiteLicense: 2215408

Expertise.com Rating

Review Sources

Facebook
5.0 (2)

Why choose this provider?

Trivative is a life insurance agency in the Allen metro. Its team of advisors assists clients in obtaining the right insurance coverage across a range of policies, including whole life, universal life, index universal life, and term life insurance. The company also offers services on annuities, retirement planning, and living benefits. After developing an insurance plan and recommending strategies, Trivative agents conduct check-ins with their clients to revisit their objectives and revise their plans every six months.

  • Life Insurance

2312 Tremont Boulevard, McKinney, TX 75071
WebsiteLicense: 659473

Expertise.com Rating

Why choose this provider?

Pathway Health Insurance Experts, Inc., offers a wide range of policies for individuals, families, and businesses in and around Allen. Representing a vast network of insurance carriers, its personal risk advisors educate clients about cash value life insurance and term life insurance plans, both of which provide coverage for their families in case of untimely death. Chris L. Self, the owner and president of the agency, has been an insurance broker for 25 years and is a member of the National Association of Health Underwriters.

  • Life Insurance
  • Health Insurance

3705 Lakeview Parkway, Rowlett, TX 75088
WebsiteLicense: 17479

Expertise.com Rating

Why choose this provider?

3D Insurance Services, Inc. is an independent insurance provider available to clients in Allen and other areas in Texas. In addition to individual and family life insurance, the company provides other options, such as individual long-term care insurance, individual disability insurance, and mortgage protection insurance. Its staff also offers personal, home, and auto insurance protection for valuable items, mobile homes, motorcycles, and rental properties. 3D Insurance Services also handles business insurance policies, which include liquor liability insurance and kidnap-for-ransom insurance.

  • Life Insurance
  • Health Insurance

FAQs

  • Are cash value life insurance policies available in Allen?

    Residents of Allen can secure cash value or permanent life insurance policies. These plans link premiums to investment options like stocks and bonds. The benefits include tax deferrals on savings and the possibility of borrowing against them. Such policies aim to provide coverage up to ages 100 or 120 based on the insurer and offer living benefits.

  • What steps should Allen residents take to prevent fraud when purchasing life insurance?

    When buying life insurance, Allen residents should refrain from being persuaded to cash in current policies for new ones. After acquisition, they should double-check with the provider to ensure the policy is correctly registered. Note that genuine insurance offers won't rush decisions. Lastly, they must confirm the agent's state license through the Texas Department of Insurance's resources.

  • What must insurers in Allen prove to deny a life insurance policy based on a misrepresentation?

    In Allen, insurers must show that misrepresentation in the life insurance contract was made with an intent to deceive. Required by the Texas Supreme Court, it upholds a longstanding common law principle. Insurers can't refuse a claim without establishing this deceptive intent. This ruling safeguards policyholders and keeps insurers accountable.

  • In Allen, what happens to the death benefit of a combination life insurance product when the long-term care benefits are utilized?

    When an individual uses the long-term care benefits of a combination life insurance product, the death benefit decreases accordingly. Policyholders in Allen need to understand that drawing from the long-term care segment directly affects the amount left for beneficiaries after their demise. This policy may not suit those solely seeking term life insurance without the long-term care component.

  • What options are available to life insurance policyholders in Allen diagnosed with a terminal illness?

    Life insurance policyholders in Allen diagnosed with a terminal illness can consider a viatical settlement. This option allows them to sell their life insurance policy to a viatical company and receive a portion of the death benefit upfront. The policyholder's heirs will not be entitled to death benefits after the policyholder's passing. Thus, policyholders need to weigh the benefits and implications of this option for their families before deciding.

  • 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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