Protective vs State Farm Life Insurance

Protective and State Farm are two solid life insurance companies. Rest assured you can't make a bad choice if you have narrowed it down to Protective and State Farm. See our side by side comparison below to see how these two companies stack up. We have included financial ratings, current leadership, assets, and premium in force for both Protective and State Farm.
    John D. Johns
    All 50 States
    111 Congresional Blvd., Suite 500 Carmel, IN 46032

    2010 Optimas Award from Workforce Management Magazine

  • PROS
    • Financially sound.
    • Competitive, comprehensive rates.
    • Flexible health guidelines.
  • CONS
    • Approval can take awhile.
    • Low tolerance for smoking.
    Michael L. Tipsord
    48 States
    East P.O. Box 588002 North Metro, GA 30029


  • PROS
    • Great Term Life Insurance
    • Top rated customer service
  • CONS
    • Term lengths
    • Higher premiums than other companies

Compare Other Options

1st place trophy

Health IQ is a unique life insurance brokerage that gets you special rates if you live an active lifestyle. If you exercise a few times per week, you can qualify for lower rates. Click below to get an accurate quote.

2nd place trophy

AIG, also know as American International Group, has been in business since 1919. AIG's strong financial rating, product selection and competitive pricing earns it the #2 spot.

3rd place trophy

Banner is a subsidiary of Legal & General, and have been in business since 1836. They hold an A+ financial rating and have some of the most competitive rates. This earns them the #3 spot.

SOURCE Protective State Farm
JD Power 774 5/5
AM Best A+ A++
Moody's A1 Aa1
Fitch A+ N/A
Standard & Poor AA- AA
Comdex Score 92 98
SOURCE Protective State Farm
Total Assets $75 Billion USD (2016) $160.732 billion
Life Insurance in Force $767.3 Billion $901.7 billion
Protective State Farm
Term Life InsuranceSelect Term 10, 20, 30
Whole Life InsuranceReturn of Premium 20, 30
Universal Life InsuranceMortgage Life 15, 30
Variable Universal Life InsuranceWhole Life
Indexed Universal Life InsuranceLimited Pay 10, 15, 20
Survivorship Universal Life InsuranceSingle Premium Life
Life Insurance for ChildrenUniversal Life
Survivorship Universal Life
Joint Universal Life
Protective State Farm
Protective Custom Choice UL Select Term 10, 20, 30
Protective Advantage Choice ULReturn of Premium 20, 30
Protective Classic Choice TermMortgage Life 15, 30
Protective One Year Term Whole Life
ProClassic II Limited Pay 10, 15, 20
ProClassic LegacySingle Premium Life
Protective Classic Choice TermUniversal Life
Investors Choice VUL Survivorship Universal Life
Strategic Objective VULJoint Universal Life
Survivorship Term
Survior UL
Protective Whole Life
Protective State Farm
Accidental death benefit riderN/A
Accelerated death benefit rider
Waiver of premium rider
Disability income rider
Guaranteed insurability rider
Term insurance rider
Children’s term rider
Jonathan Holloway
January 1, 1970
Jonathan is a licensed life insurance agent at NoExam.com that writes about insurance, personal finance, lifestyle, and sports. See our pages on term life insurance, life insurance rates and life insurance companies for more.
Disclaimer: We make every attempt to make sure our information is up to date, but since things change often it is best to double check the data. This review is an opinion. Clicking on links may result in NoExam.com being compensated.