Why You Should Trust Us
Investopedia’s editors and researchers analyzed 45 life insurance companies using key factors like financial stability, customer satisfaction, coverage options, and cost to create our unbiased, comprehensive reviews. Investopedia launched in 1999 and has reviewed life insurance companies since 2020. We’re dedicated to helping you choose the best life insurance for your needs.
How We Review the Best Universal Life Insurance Companies
Investopedia’s list of the best universal life insurance companies is based on detailed research of 45 providers. We surveyed 500 recent life insurance buyers in March 2024 to inform our research.
The results helped us pick 70 criteria, including financial strength, customer satisfaction, policy options, and digital tools, which our editors and researchers used to evaluate each company. This ensures Investopedia’s rankings reflect what matters most to consumers.
Our data collection process lasted from May 20 to July 3, 2024. Our sources included company websites, inquiries to company representatives, and information from rating agencies.
To rate each company, we sorted the criteria into six categories, which were scored according to the weights below for this article:
- Policy Features: 39%
- Policy Types: 20%
- Riders: 13%
- Financial Stability: 10%
- Customer Satisfaction: 10%
- Application and Online Service Features: 8%
For more information, read our full methodology explanation.
