Tim is a licensed life insurance agent with 23 years of experience helping people protect their families and businesses with term life insurance. He writes and creates stuff for QuickQuote and other insurance and financial websites. You can find him on Twitter.

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UPDATED: Sep 6, 2020

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We offer Montana residents life insurance from several of the best MT life insurance companies. Life insurance is very similar from state-to-state, with a few exceptions, so your Montana life insurance rates may vary.

However, this guide should help you understand the differences in Montana life insurance as well as find resources in your state. We’ll also show you how to get the best life insurance in Montana.

Before we dive into this guide, find affordable Montana life insurance rates by clicking on our FREE quote tool above. Get started now.

Montana Life Insurance Quotes

We offer Montana residents life insurance from several A-rated life insurance companies. Life insurance is very similar from state to state, with a few exceptions. This guide should help you understand the differences as well as find resources in your state.

Policy Cost – The premium (cost) you pay for your life insurance policy does not vary by state. It is the same regardless of which state you live in. Premiums are set by life insurance companies then approved by the State Insurance Department.

Company Availability – Not all companies are available in every state. For example, if a life insurance company has not filed its product or rates with your State Insurance Department, that company won’t be available in your state. Company availability changes often due to new filings.

Product Availability – There are instances where life insurance companies offer only specific products or riders in a state. For example, a company may offer a child insurance rider on their policy, but the feature may not be available in all states. These exclusions can be viewed by clicking on the life insurance companies in the list below.

Montana life insurance also offers residents a 30-day grace period and a timely payment of death claims. 

Life Insurance Rates in Montana

To give you an idea of what Montana life insurance rates look like, check out the chart below to see what the top companies charge based on non-smoking status, age, marital status, and gender. Keep in mind that your Montana life insurance quotes may be different, depending on demographics, occupation, habits, and family medical history as well as which Montana life insurance policy you choose.

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In this next chart, you can also see how many Montana life insurance companies there are in comparison to other western states.

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Note that Montana only has one life insurance company that operates specifically in the state, but that doesn’t mean affordable life insurance rates in Montana are hard to come by. You can still access the best life insurance in Montana with our free quote tool on this page.

Montana Guaranty Association

State guaranty associations are committed to protecting resident policyholders and beneficiaries in the event of an insurance company insolvency. The association is made up of all insurance companies licensed to sell life insurance, health insurance and annuities in the state. If an insurance company becomes insolvent (goes out of business), the association steps in to protect policyholders by continuing coverage and paying claims, up to defined limits.

In Montana, a life insurance policy is protected up to $300,000. This amount is the maximum benefit provided for any one life. In other words, multiple policies on any one person are limited to this amount.

Montana Life Insurance Contacts

Here is a list of all the necessary state contacts for residents with Montana life insurance claims and other related matters.

Guaranty Association

If you need information about a Montana life insurance or health insurance guaranty, contact the Montana Life & Health Insurance Guaranty Association at 1-262-965-5761 or visit the website.

Insurance Department

For the latest updates about Montana state insurance, contact the Montana Commissioner of Securities and Insurance by phone at 1-406-444-2040 or visit the website. Here, the Montana Insurance Commissioner provides links and resources, such as the Montana Insurance Commissioner complaints list against a provider and the Montana Securities Commission contact information.

You can also obtain up-to-date information from the Montana Department of Insurance bulletins here.

If you’re looking for information about specific benefits in Montana state like a life insurance provider, here is where you can access the Montana Department of Insurance license lookup and learn about Montana life insurance.

Legal Info

QuickQuote is licensed to sell life insurance in Montana under Agency License Number 31553.

The licensed company principal is Tim Bain, Agent License Number 110149.

Montana Life Insurance Companies

American General Life Insurance Company

Banner Life Insurance Company

Fidelity Life Association

Haven Life / MassMutual

John Hancock Life Insurance Company

Lincoln National Life Insurance Company

Metlife Life Insurance Company

North American Company for Life & Health Insurance

Pacific Life & Annuity Company

Principal Life Insurance Company

Protective Life Insurance Company

Pruco Life Insurance Company (Prudential)

Sagicor Life Insurance Company

The Savings Bank Life Insurance Company of Massachusetts (SBLI)

Transamerica Life Insurance Company

United of Omaha Life Insurance Company

Don’t wait — Use our free quote tool to get affordable life insurance rates in Montana. Get started now.