Jeffrey Manola is an experienced life insurance agent and the founder of Top Quote Life Insurance. His mission when he created Top Quote Life Insurance was to provide online consumers searching for life insurance with the absolute best quotes for term life insurance, permanent life insurance, no medical exam life insurance, and burial insurance. Not only does he strive to provide you with the ...

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Leslie Kasperowicz holds a BA in Social Sciences from the University of Winnipeg. She spent several years as a Farmers Insurance CSR, gaining a solid understanding of insurance products including home, life, auto, and commercial and working directly with insurance customers to understand their needs. She has since used that knowledge in her more than ten years as a writer, largely in the insur...

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Reviewed by Leslie Kasperowicz
Farmers CSR for 4 Years

UPDATED: Mar 18, 2021

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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 provider and cannot guarantee quotes from any single provider.

Our 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 on this page 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.

Facts You Should Know

  • Prosperity Life sells a number of different financial and insurance product solutions, including annuities, life insurance, and Medicare supplement plans
  • This company was founded in 1916; Prosperity Life has been doing business for over 100 years
  • Prosperity Life was born in 2009 from the Shenandoah Life Insurance Company, which was the company’s original brand name

Prosperity Life sells a variety of life insurance products, including term life insurance quotes. However, this company sells more than just life insurance. Consumers can also buy annuities and Medicare supplement plans too. Our review of Prosperity Life will only focus on Prosperity life insurance products.

This company is best known for its final expense life insurance product, but it does sell a number of other life insurance policies. We’ll see if we can’t help you find some sample rates for Prosperity Life insurance, go over the products offered by this company, and review this company’s financial strength rating.

Before you begin this Prosperity Life insurance review, enter your ZIP code above to compare life insurance rates from the top providers in your locality.

What is the cost of Prosperity Life insurance?

Prosperity Life does not publicize its term, whole, or universal life insurance policy rates. It does, however, offer sample rates for its final expense life insurance policies. Final expense life insurance is the most popular life insurance product sold by Prosperity Life.

Compare Prosperity Life insurance quotes below with other companies that offer this type of coverage. The table below illustrates the cost of final expense life insurance for women based on age and policy amount.

Prosperity Final Expense Life Insurance Monthly Rates for Women
Age (Women)$5,000 Policy Monthly Rates$10,000 Policy Monthly Rates$15,000 Policy Monthly Rates$20,000 Policy Monthly Rates
50$16.38$29.15$41.93$54.70
51$16.45$29.30$42.16$55.01
52$16.53$29.47$42.40$55.33
53$16.61$29.62$42.63$55.64
54$16.69$29.78$42.87$55.96
55$16.77$29.93$43.10$56.27
56$17.36$31.12$44.88$58.64
57$17.96$32.32$46.68$61.04
58$18.55$33.51$48.46$63.41
59$19.15$34.70$50.24$65.79
60$19.74$35.88$52.02$68.17
61$20.59$37.58$54.58$71.57
62$21.45$39.29$57.14$74.99
63$22.30$41.00$59.71$78.41
64$23.16$42.71$62.27$81.83
65$24.01$44.42$64.84$85.25
66$25.48$47.37$69.25$91.13
67$26.95$50.30$73.65$97.00
68$28.42$53.24$78.07$102.89
69$29.89$56.19$82.48$108.77
70$31.37$59.13$86.90$114.66
71$33.47$63.34$93.21$123.08
72$35.58$67.55$99.53$131.51
73$37.68$71.77$105.85$139.93
74$39.79$75.98$112.17$148.36
75$41.90$80.19$118.49$156.78
76$43.70$83.81$123.91$164.02
77$45.52$87.44$129.35$171.27
78$47.33$91.05$134.78$178.51
79$49.14$94.68$140.22$185.76
80$50.95$98.30$145.65$193.00
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Life insurance for men, even final expense life insurance, tends to be more expensive than it is for women. You can see the same data for men in the table below. We hope this information will help you compare Prosperity Life insurance rates with other companies.

Prosperity Final Expense Life Insurance Monthly Rates for Men
Age (Men)$5,000 Policy Monthly Rates$10,000 Policy Monthly Rates$15,000 Policy Monthly Rates$20,000 Policy Monthly Rates
50$19.06$34.52$49.97$65.43
51$19.37$35.14$50.90$66.67
52$19.68$35.76$51.84$67.91
53$19.99$36.38$52.77$69.16
54$20.30$37.00$53.70$70.40
55$20.61$37.62$54.63$71.64
56$21.42$39.25$57.07$74.90
57$22.24$40.88$59.52$78.16
58$23.05$42.51$61.96$81.41
59$23.87$44.14$64.40$84.67
60$24.69$49.99$66.86$87.95
61$25.92$48.23$70.55$92.86
62$27.15$50.70$74.25$97.79
63$28.38$53.16$77.94$102.73
64$29.61$55.63$81.64$107.66
65$30.85$58.10$85.34$112.59
66$33.00$62.40$91.80$121.19
67$35.15$66.69$98.24$129.78
68$37.29$70.98$104.67$138.37
69$39.44$75.29$111.13$146.97
70$41.59$79.58$117.57$155.56
71$45.00$86.40$127.80$169.20
72$48.41$93.22$138.03$182.84
73$51.82$100.04$148.27$196.49
74$55.23$106.86$158.49$210.11
75$58.64$113.68$168.72$223.76
76$62.07$120.54$179.01$237.47
77$65.50$127.40$189.29$251.19
78$68.92$134.24$199.57$264.89
79$72.35$141.10$209.85$278.60
80$75.78$147.96$220.14$292.32
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If you want to compare affordable Prosperity life insurance rates with other life insurance companies, you can use the tables above to help in your comparison shopping. Prosperity’s life insurance quotes can also be acquired by calling a life insurance agent.

If you want to learn more about the specific rate details for Prosperity Life’s whole, term, and universal life insurance policies, you will need to contact a Prosperity Life insurance agent to assist you with that.

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Does Prosperity Life sell more than just final expense life insurance?

In addition to burial insurance, Prosperity Life Group also sells term life insurance, universal life insurance, and whole life insurance products. None of these life insurance products are as popular as Prosperity Life’s final expense life insurance policies, but this is likely due to the fact that better life insurance policies can be purchased elsewhere.

Let’s get a closer look at the specifics of some of these life insurance products. Prosperity’s term life insurance products require no medical exam, and the benefits of these policies can go up to $350,000. The premiums on these term life policies stay level for the first 10 years of the policy.

The application process for the term life insurance policy can be completed over the phone with simple yes or no medical questions. Approval of these policies can often be done in as little as a few days.

Prosperity Life’s whole life insurance policies feature a level premium rate for the entirety of the policy, which would be for the rest of your life as long as all your premium payments are made. Whole life insurance policies also grow a cash value component as the policy is paid.

Whole life insurance policies can be borrowed against, but these loans will reduce the death benefit until they are paid back. Prosperity Life Group allows whole life insurance customers to access 50 percent of their policy value should they be diagnosed with a terminal illness.

The universal life insurance product offered by Prosperity Life Group is more akin to a wealth transfer policy than it is an actual life insurance policy. These universal life insurance policies feature a single premium. Once you pass away, your beneficiaries receive your benefit tax-free.

Most universal life insurance policies are not designed in this manner. Still, Prosperity Life’s universal policies are arranged in the same way a wealth transfer would be in order to avoid tax obligations.

Should you become terminally ill and need to access some of your benefits, you can still do that with Prosperity Life’s universal life insurance policies. These policies also grow a cash value over time so your legacy can continue to grow for your beneficiaries.

What is Prosperity Life Group’s A.M. Best financial strength rating?

Prosperity Life has a very strong financial rating from A.M. Best. The company’s current financial rating is an A-. This is one of the highest ratings possible, and it indicates that Prosperity Life Group has a solid financial future.

It is important to choose companies with high financial ratings. Companies with low financial strength ratings may not be able to pay your benefits on time or in full. This would be a major problem. That is why so many people are interested in learning the financial strength of their insurance company.

Prosperity Life Group: The Bottom Line

Prosperity Life offers more life insurance options than most small life insurance providers. However, this life insurance company may not be the best choice for you if you are looking for more comprehensive life insurance policies.

Larger life insurance companies probably have more policy options for younger people to choose from. Still, older individuals looking for no medical exam term or final expense life insurance policies will likely find a great product from Prosperity Life.

Now that you’ve finished this Prosperity Life insurance review, enter your ZIP code below to compare life insurance rates from the top providers in your locality.