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2024

Last updated:

Best Life Insurance Companies in Midland

Our Recommended Top 8

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 Midland 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.

5895

Reviewed

3540

Curated

8

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
1912 N Big Spring St, Midland, TX 79705-8817
  • Life Insurance
  • Health Insurance

Why choose this provider?

Founded in 1976, The Insurance Man & Associates is an independent insurance agency operating in and around Midland. It works with both individuals and businesses through its selection of insurance policies such as term and whole life, general liability, and property insurance programs. Moreover, its insurance professionals can evaluate a client's current circumstances to tailor a life or health insurance coverage to their personal and financial goals. Founder Wayne Runkles has previously worked as a commercial underwriter for The Travelers Companies, Inc.

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 (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
3116 North Loop 250 West, Midland, TX 79707
  • Life Insurance
  • Health Insurance

Why choose this provider?

Debra Pena started her career in El Paso and has been in the insurance industry since 1995. She has set up her own agency under State Farm in Midland. She specializes in assisting clients with insurance on vehicles, homes, condominiums, and life. Business owners can also avail themselves of Debra's insurance options to protect properties, employees, and businesses from unseen risks. Her team is also able to work closely with Spanish-speaking clients. Debra is also experienced in handling mutual funds and annuities.

License Verified:

License: 900538

Texas Department 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.
3.9
Google
4.0 / 5 (20)
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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
1910 North Big Spring Street, Midland, TX 79705
  • Life Insurance

Why choose this provider?

The Ledford Agency is an insurance company operating in Midland. It offers term and whole life insurance options for individuals and their families. Its team of independent agents assists clients in searching for tailored solutions from multiple insurance carriers including Bristol West, Dairyland, Liberty Mutual, and National Lloyds. The agency also specializes in commercial, motorcycle, home, and umbrella insurance. Its website contains phone numbers and customer service websites of its partner carriers for clients who wish to contact them directly.

License Verified:

License: 2517531

Texas Department 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)

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
1031 Andrews Highway, Midland, TX 79701
  • Life Insurance
  • Health Insurance
  • Individual Plans
  • Group Plans

Why choose this provider?

InSource Insurance Group, LLC, is an independent agency serving individuals and businesses in the Midland metro and the surrounding communities. It is a life insurance service provider that offers whole and term coverage. Additionally, the company's insurance specialists deal with other personal and business plans, such as short- and long-term disability, dental, home, auto, and general liability insurance. They have access to 50 insurance carriers to create customized coverage. InSource Insurance Group was established in 2014.

License Verified:

License: 10901

Texas Department 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 (17)

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
4908 North Midkiff Road, Midland, TX 79705
  • Life Insurance

Why choose this provider?

Pat Madison & Associates is an insurance company that caters to clients in Midland. It offers life insurance plans, which include benefits that are free of income tax. These can be used for the funeral costs and other expenses of the family as they move forward. Moreover, this agency provides dental, group health, Medicare Supplemental, short-term and long-term disability, and vision insurance policies. Pat Madison & Associates' agents work hand-in-hand with customers to find the product that suits their coverage needs.

Website
1309 West Wall Street, Midland, TX 79701
  • Life Insurance
  • Health Insurance
  • Whole Life Insurance
  • Long Term Care
  • Term Life Insurance

Why choose this provider?

Located in Midland, Don Crawford & Associates is an independent insurance agency that has been serving the residents of West Texas for more than 50 years. It offers term life, whole life, and universal life insurance. It also handles long-term care and disability insurance. In addition, it crafts policies that cover its clients' medical, dental, and vision-related needs. President and owner Dal Watson has been working in the insurance and financial service industry for more than 30 years.

License Verified:

License: 10451

Texas Department 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
910 W Wall St, Midland, TX 79701
  • Life Insurance
  • Health Insurance

Why choose this provider?

Roy Nelson, a State Farm agent, offers life insurance to the locals of Midland. He helps provide security to his clients and their families with term life, whole life, or universal life policies. Other products he offers include homeowners', renters', auto, and business insurance. He also assists customers with financial services, such as annuities, mutual funds, and banking. Nelson started his own insurance agency with State Farm in 1996, directing his team in handling customer needs. Two of his staff members speak Spanish.

License Verified:

License: 854839

Texas Department 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.
4.8
Google
4.8 / 5 (16)

Website
2611 Midland Drive, Midland, TX 79707
  • Life Insurance
  • Health Insurance

Why choose this provider?

Jeremy West is a State Farm Insurance agent who helps customers in Midland secure their and their family's futures through life insurance programs. He also offers auto, home, health, property, and business insurance policies. Besides insurance, he likewise attends to clients who need assistance regarding mutual funds and banking matters. Jeremy has four kids and has been married to his wife for almost 20 years. He is the founder of the Veterans Honor Foundation of Texas.

License Verified:

License: 1550307

Texas Department 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)

Frequently Asked Questions

  • Can you reinstate a lapsed life insurance policy in Midland?

    If you have stopped paying the premiums on your life insurance policy in Midland, you may be able to get it back. Most of the time, this means making up for payments that were missed or paying all of the late premiums. It is important to contact your insurance company immediately once your policy lapses since some insurers may impose time limits on reinstating lapsed policies.

  • Can you convert your term life insurance policy into a permanent policy in Midland?

    Yes, you can convert your existing term life insurance policy in Midland into a permanent one. However, it is important to note that not all term life policies provide this option, so it is highly recommended that you review your specific policy to see if a conversion provision is available.

  • Are life insurance policies considered community property in Midland?

    In states with community property, like Texas, life insurance policies are often treated as belonging to both spouses in Midland. How benefits are divided depends on the type of policy. For term life insurance, the policy and benefits are considered community property, which means that the surviving spouse is entitled to half even if they are not the named beneficiary. Permanent life insurance policies pay out benefits based on how much the insured paid into the policy during the marriage.

  • What happens if a life insurance beneficiary dies before the policyholder in Midland?

    If the primary beneficiary of a Midland life insurance policy dies before the policyholder, the death benefit is paid to the contingent beneficiaries. However, if the primary beneficiary dies after the policyholder but before the death benefit is paid out, the death benefit may be paid to a secondary beneficiary or the policyholder's estate.

  • Are there medical conditions that may disqualify you from getting a life insurance policy in Midland?

    Cancer, ALS, cognitive impairment such as Alzheimer's or stroke, and dialysis dependency are all medical conditions that can make you ineligible for Midland life insurance. However, if you have survived cancer, you may still be eligible. If you have one of these disqualifying conditions, you must speak with an insurance agent to discuss potential coverage options.

  • 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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