A life insurance policy is a contract between an insurance company and a policyholder in which the policyholder pays regular premiums and, in exchange, the insurer pays a death benefit to the policy's beneficiaries when the insured dies. The best life insurance companies can help you secure enough coverage to replace your income, settle debts, or cover expenses your family will face, like paying for your children's education or caring for aging parents.

Since life insurance is such an integral component of your family’s financial plan, you shouldn’t purchase a policy without conducting some research first. With that in mind, we compared more than 25 life insurance companies to find the best options for different types of consumers and their goals.

Why do I need Life Insurance?
. Cover end-of-life expenses
. Avoid debt and financial strain
. Help your family move forward
. Secure peace of mind

How much life insurance coverage do I need?
Your coverage needs depend on factors such as your age, your financial strength, and your family’s circumstances. In general, the earlier you are in life and the more financially dependent your loved ones are on you, the more coverage you need. Mutual of Omaha provides online tools that might help you determine your needs.

Optavise Specialty Benefits gives you access to more than a dozen valuable products, including:
. Basic Life
. Supplemental Life
. Dependent Life
. Accidental Death and Dismemberment
. Specialty Accident
. Individual Life Insurance available through Worksite Marketing