Expertise.com

2024

Last updated:

Best Life Insurance Companies in McAllen

Our Recommended Top 4

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 McAllen 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.

6215Reviewed

3730Curated

4Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

220 East Tom Landry Street, Mission, TX 78572
WebsiteLicense: 927904

Expertise.com Rating

Review Sources

Google
4.0 (18)
Facebook
5.0 (2)

Why choose this provider?

Mission Duncan Insurance Agency is an independent insurance agency that provides insurance services to residents and businesses of McAllen and the surrounding communities. It represents multiple carriers that offer a variety of insurance packages such as life insurance plans, long-term care, and final expenses insurance. Additionally, it provides business insurance packages like commercial liability insurance, occupational accident insurance, workers’ compensation insurance, comprehensive general liability insurance, employee benefits plan, and professional liability insurance. Company president Keith Padilla is also the owner.

  • Life Insurance
  • Health Insurance

3400 North McColl Road, Suite I, McAllen, TX 78501
WebsiteLicense: 2068155

Expertise.com Rating

Review Sources

Google
5.0 (20)

Why choose this provider?

Acumen Insurance Group is an independent insurance agency that provides insurance services to residents and businesses in McAllen and the surrounding communities. It represents multiple carriers that offer a variety of insurance packages. It carries life insurance plans like universal life insurance, term life insurance, whole life insurance, and final expense insurance. Additionally, it provides insurance packages like individual long-term care insurance, individual & family health insurance, and Medicare supplements. Daniel Pulido and Diana (Garcia) Pulido owns the firm.

  • Life Insurance
  • Health Insurance

2025 North Conway Avenue, Mission, TX 78572
WebsiteLicense: 777971

Expertise.com Rating

Review Sources

Facebook
5.0 (44)

Why choose this provider?

Raymond Longoria Insurance is an independent insurance agency that provides insurance services to families and businesses of McAllen and the surrounding communities. It represents multiple carriers that offer a variety of insurance packages. It carries life and health insurance plans like term life insurance, individual health insurance, children's individual health insurance, Medicare supplements, individual dental insurance, and temporary individual health insurance. Additionally, it provides business packages like commercial auto and workers' compensation. It is owned by Raymond R. Longoria.

  • Life Insurance
  • Health Insurance

816 East Hackberry Avenue, McAllen, TX 78501
WebsiteLicense: 2128

Expertise.com Rating

Review Sources

Google
4.0 (5)

Why choose this provider?

Bert Whisenant Insurance is a full-service firm in McAllen that connects clients with life insurance policies that protect their long-term financial interests. As an independent insurance agency, it partners with various insurance carriers to provide clients with an insurance package tailored to meet their needs. It informs clients of their life insurance options. It finds policies that benefit their dependents in crucial ways, such as settling unpaid debts, replacing the provider's lost income, or paying for future educational expenses.

  • Life Insurance
  • Health Insurance

FAQs

  • Are there BMI limitations for life insurance in McAllen?

    Yes, there can be BMI restrictions for McAllen life insurance, which vary by the insurance provider and policy type. Insurers typically use their own build chart to evaluate BMI's impact on eligibility and pricing. The National Heart, Lung, and Blood Institute categorizes BMI as underweight (below 18.5), healthy weight (18.4–24.9), overweight (25.0–29.9), and obese (30 and above), which insurers may reference when assessing applicants. Your specific BMI and its relationship to these categories can influence your insurance options and premiums.

  • Can sleep apnea raise the cost of your life insurance in McAllen?

    Yes, having sleep apnea in McAllen can raise your life insurance premium. To determine the severity of your illness, insurers will look at your medical history, including the outcomes of any prescribed therapies and any sleep studies. Your premiums may rise in proportion to the risk posed by your sleep apnea.

  • When is it not advisable to convert your McAllen whole life insurance policy into a reduced paid-up life insurance?

    If your McAllen whole life insurance policy includes a number of riders that you rely on for financial security, you should not convert it to a lower paid-up life insurance policy. For example, if you change your whole life policy to a reduced paid-up policy, you will lose the disability rider. You would be unable to rely on this income if you were unable to work.

  • Who needs voluntary life insurance in McAllen?

    Applicants who are unable to qualify for a private policy, such as those with long-term medical issues such as diabetes or heart disease, should consider purchasing McAllen voluntary life insurance. This is because candidates for voluntary life insurance typically do not need to have a medical exam in order to obtain a policy. If a person already has a life insurance policy but wants more coverage for financial security, voluntary life insurance may be beneficial.

  • 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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