The Top (and Bottom) 10 States for Term Life Insurance
The top 10 states for term life insurance are Utah, Georgia, Washington D.C., Colorado, New Jersey, Connecticut, Idaho, Washington, Wyoming, and Florida. These states have the most term life insurance policies purchased per capita. Keep reading to learn which states have the least term life insurance policies purchased per capita, ranking as the 10 worst states for term life insurance. If your state is on this list, you can still find reputable life insurance policies in your area.
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Rachael Brennan
Licensed Insurance Agent
Rachael Brennan has been working in the insurance industry since 2006 when she began working as a licensed insurance representative for 21st Century Insurance, during which time she earned her Property and Casualty license in all 50 states. After several years she expanded her insurance expertise, earning her license in Health and AD&D insurance as well. She has worked for small health in...
Licensed Insurance Agent
UPDATED: Jun 12, 2023
It’s all about you. We want to help you make the right life insurance coverage choices.
Advertiser Disclosure: We strive to help you make confident life insurance decisions. Comparison shopping should be easy. We are not affiliated with any one life insurance company and cannot guarantee quotes from any single company.
Our life insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different life insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance-related. We update our site regularly, and all content is reviewed by life insurance experts.
UPDATED: Jun 12, 2023
It’s all about you. We want to help you make the right life insurance coverage choices.
Advertiser Disclosure: We strive to help you make confident life insurance decisions. Comparison shopping should be easy. We are not affiliated with any one life insurance company and cannot guarantee quotes from any single company.
Our life insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different life insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
Independence Day, better known as the Fourth of July, marks the day the thirteen colonies declared their independence from Great Britain in 1776. Although the colonies legally separated on July 2nd, we recognize the 4th as Independence Day because the Declaration of Independence was approved and signed on this day.
The Fourth of July is celebrated throughout the United States with fireworks, parades, barbecues, baseball and family gatherings. In honor of the holiday this year, we are taking a look at how individual states stacked up in the purchase of term life insurance through QuickQuote.com in 2010. The following are the states that rule and the states that well, don’t rule so much.
Most Term Life Insurance Policies Purchased per Capita
- Utah
- Georgia
- Washington, D.C.
- Colorado
- New Jersey
- Connecticut
- Idaho
- Washington
- Wyoming
- Florida
Fewest Term Life Insurance Policies Purchased per Capita
- North Dakota
- Alaska
- Vermont
- Mississippi
- Louisiana
- Oklahoma
- Tennessee
- Nebraska
- Hawaii
- Nevada
Congratulations to Utah for ruling the roost in 2010. Do you think they can hold the top spot again in 2011? Did you notice Washington, D.C. in the #3 spot in the top ten list? How’s that for patriotism?! Let us know what state you live in and if you think your state will make a list.
And now that you are armed with this astounding bit of term life insurance trivia, you’re sure to be the life of the party this Fourth of July. You can thank us later. Happy 4th, America!
Source: Wikipedia.com
Frequently Asked Questions
What factors determine the top and bottom states for term life insurance?
Several factors influence the rankings, including average premiums, policy availability, competition among insurers, state regulations, and the overall health and lifestyle of the population.
What makes these states stand out as top choices for term life insurance?
These states generally offer a wide range of policy options, competitive premiums, and a healthy insurance market with a good selection of insurance providers. They also have favorable regulations and tend to have larger populations, which can lead to greater competition and more affordable rates.
Are these top states equally good for all age groups and coverage amounts?
While these states are generally considered favorable for term life insurance, the suitability may vary based on age, coverage amount, and specific circumstances. It is recommended to compare quotes and consult with an insurance professional to determine the best options for your specific needs.
What are the main challenges faced by these states regarding term life insurance?
The bottom-ranked states often have higher average premiums, fewer policy options, and may face challenges related to population size, higher mortality rates, or other factors that impact the insurance market’s competitiveness and accessibility.
Should residents of the bottom-ranked states be concerned about their options for term life insurance?
While these states may present challenges, it is important to remember that life insurance is still available in these areas. It is recommended to reach out to insurance providers, compare quotes, and explore different coverage options to find the most suitable policy.
Your life insurance quotes are always free.
Secured with SHA-256 Encryption
Rachael Brennan
Licensed Insurance Agent
Rachael Brennan has been working in the insurance industry since 2006 when she began working as a licensed insurance representative for 21st Century Insurance, during which time she earned her Property and Casualty license in all 50 states. After several years she expanded her insurance expertise, earning her license in Health and AD&D insurance as well. She has worked for small health in...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance-related. We update our site regularly, and all content is reviewed by life insurance experts.
