Best Life Insurance With Living Benefits

Why Trust Us

Investopedia product reviews are the result of rigorous, unbiased research and analysis by staff researchers and editors. We created this list of the best life insurance with living benefits after collecting data points related to dozens of criteria from 45 companies. The criteria helped us evaluate each company’s costs, coverage options, financial stability, and other features and come up with objective assessments to help you choose the best provider for you.

Investopedia has been a trustworthy source of financial information since 1999 and has been reviewing life insurance companies since 2020. 

How We Chose the Best Life Insurance With Living Benefits

Investopedia’s list of the best life insurance companies is based on comprehensive research of 45 companies.

To even be considered for this list, insurance companies had to first meet Investopedia’s standards for online transparency, financial strength, and customer complaint ratings. Investopedia commissioned a consumer survey about life insurance, and consulted market share intelligence and other information about insurance company relevance and popularity to come up with a list of 45 companies to research further. 

We gathered 3,780 data points related to 84 criteria between May 20 and July 3, 2024, and June 4 to June 10, 2025. The data came from company webpages, media representatives, rating agencies (AM Best, NAIC, and J.D. Power), and customer service calls.

Then, staff editors and research analysts created a quantitative model that scores each company based on six major categories. We weighted the categories as follows:

• Riders: 53%
• Policy Types and Features: 11%
• Customer Satisfaction: 10%
• Application and Online Service Features: 9%
• Cost: 9%
• Financial Stability: 8%

For more information, read our full methodology explanation.