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: Oct 21, 2021

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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 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

  • Finding life insurance rates that don’t change typically depends on the life insurance policy more than the company
  • Whole life insurance is the best option for life insurance with rates that don’t change
  • State Farm, New York Life, MassMutual, and many other insurers offer whole life insurance

If you’re shopping for term life insurance quotes, you might be wondering about life insurance companies with rates that stay the same. If you aren’t careful, your life insurance policy could get expensive quickly.

Life insurance policies can get confusing. We’ll guide you by breaking down some of the best life insurance companies, how to choose the best life insurance company, and how to avoid steep price increases on insurance.

Excited to learn more about life insurance companies with rates that stay the same? Before you do, enter your ZIP code to get free quotes from top providers near you.

Best Life Insurance Companies That Don’t Change Rates

The best life insurance policy will vary from person to person depending on coverage needs, budget, health status, and many other factors. Many people aren’t aware that there are a handful of different life insurance policies.

At the end of the day, most people simply want to find the cheapest life insurance companies for their needs. Unfortunately, identifying the cheapest company will depend on your personal situation.

For example, the cheapest life insurance for men might not be the same for women. The cheapest life insurance for seniors might not be the same for young adults. There are a handful of reliable options for affordable life insurance, however.

How much is life insurance?

Your life insurance rates will be dependent on factors such as your age, health, job, and more. Your monthly price will also depend on which type of life insurance you buy.

Average Monthly 20-Year Term Life Insurance Rates by Age, Gender, and Policy
Policy and Gender20's30's40's50's60's70's
$100,000 Policy Average Monthly Rates for Females$8$8$10$18$37$157
$100,000 Policy Average Monthly Rates for Males$9$9$11$22$53$208
$250,000 Policy Average Monthly Rates for Females$12$12$15$32$78$382
$250,000 Policy Average Monthly Rates for Males$13$13$19$41$110$412
$500,000 Policy Average Monthly Rates for Females$17$17$25$57$145$730
$500,000 Policy Average Monthly Rates for Males$20$20$33$74$206$805
$1,000,000 Policy Average Monthly Rates for Females$28$29$50$114$295$1,406
$1,000,000 Policy Average Monthly Rates for Males$35$38$58$144$407$1,547
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You’ll see above that term life insurance can be very affordable for young adults that don’t need a lot of coverage. With a term life insurance policy, your rate stays the same throughout the duration of your policy term.

In the example above, this means that you would pay the same monthly rate for 20 years if you outlive the policy. Life insurance policy coverage amounts also play a big role in pricing.

How much life insurance do I need?

Life insurance is designed to protect your loved ones financially if you die and they cannot afford basic living expenses. Your life insurance policy should be able to cover any outstanding debts like mortgage loans, car payments, or any other major debts.

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The amount of life insurance you’ll want also depends on what you want out of your life insurance policy. Different types of life insurance policies can offer different benefits.

For example, whole life insurance and universal life insurance are classified as permanent life insurance options that differ from term life insurance. Most notably, these policies accrue cash value over time.

The best whole life insurance companies may also differ from those that specialize in term life insurance. Overall, J.D. Power rates companies based on customer satisfaction with the top ten being brands like:

  • State Farm
  • Globe Life
  • Nationwide
  • Northwestern Mutual
  • Mutual of Omaha
  • New York Life
  • Pacific Life
  • MetLife
  • Principle Financial
  • MassMutual

If you’re looking for a reliable life insurance provider, the list above should be reliable. Other companies such as Prudential life insurance were just outside of the top-ranked life insurance companies.

If you really want a life insurance company that won’t change rates, you’ll want a company that offers whole life insurance. From the list above, State Farm, Northwestern Mutual, MassMutual, and New York Life are all safe options that offer whole life insurance.

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Life Insurance Companies With Rates That Stay The Same: The Bottom Line

Keeping constant life insurance rates depends more on the type of life insurance than the company. If you want consistent lifelong life insurance rates, dividend-paying whole life insurance might be your best option.

By now, you should be prepared to start comparing life insurance companies with rates that stay the same. Get started with free quotes from top insurers in your area by entering your ZIP code below.