Premier 24 Single Premium Life Insurance Firms
Premier 24 Single Premium Life Insurance Firms
The single premium life insurance industry occupies a significant niche within the larger insurance sector. These companies provide a unique model for life insurance, allowing policyholders to pay their entire premium in one lump sum. This model is beneficial for those seeking to secure their family's financial future while bypassing the worry of ongoing, lifetime payments. The industry is populated by both specialist companies - who focus solely on single premium policies - and more diversified companies that cater to a broader range of insurance needs. The future of this industry could revolve around the integration of digital platforms and personalized policy management.
Top 24 Single Premium Life Insurance Companies
1. Simplicity Glendale (formerly PFG)
- Website: pfg-inc.com
- Headquarters: Azusa, California, United States
- Founded: 1995
- Headcount: 11-50
- Latest funding type: Acquired
PFG Inc. specializes in offering Single Premium Life insurance, a financial tool for wealth transfer. The company provides easy-to-sell and understand annuity-like alternatives, including income-tax free death benefits, accelerated death benefits for long-term care needs, and return of premium guarantees.
2. Symmetry Financial Group
- Website: sfgnewsom.com
- Headquarters: Asheville, North Carolina, United States
- Founded: 2009
- Headcount: 11-50
Symmetry Financial Group Newsom Agency offers life insurance, retirement protection, critical illness insurance, debt-free life, disability insurance with living benefits and cash-back options, and mortgage protection to customers.
3. Physicians Mutual
- Website: physiciansmutual.com
- Headquarters: Omaha, Nebraska, United States
- Founded: 1902
- Headcount: 501-1000
Physicians Mutual Insurance offers a variety of health, life, dental, and retirement products for individuals and families, including pet insurance. They provide coverage and resources to help customers make confident decisions about their future.
4. Zurich in Spain
- Website: zurich.es
- Headquarters: Barcelona, Barcelona, Spain
- Founded: 1884
- Headcount: 1001-5000
Zurich is an insurance company that offers various types of insurance, including Liability Insurance, Life Insurance, Car Insurance, Home Insurance, and Savings and Investment products. They provide coverage for individuals, businesses, and organizations, protecting them from financial losses and providing security for the future.
5. Reliable Nepal Life Insurance
- Website: reliablelife.com.np
- Founded: 2017
- Headcount: 201-500
Reliable Nepal Life Insurance Limited is a life insurance company that offers a range of insurance policies, including endowment, single premium, and term insurance policies. They also provide micro insurance and health insurance benefits. With a focus on customer support, the company aims to provide financial security to individuals and families.
6. Seguros Alfa
- Website: segurosalfa.com.co
- Headquarters: Bogotá, Bogotá, Colombia
- Founded: 1971
- Headcount: 201-500
Seguros Alfa is a company that offers insurance services for both individuals and businesses. They provide a wide range of insurance options to protect people's lives, homes, and assets. With a focus on customer satisfaction and security, Seguros Alfa aims to ensure a safe future for their clients.
7. Novaperu
- Website: novaseguroslatam.com
- Headquarters: Lima, Lima, Peru
- Headcount: 201-500
Nova Seguros is an insurance company that offers comprehensive insurance solutions for individuals and businesses. With a range of insurance products including auto, home, life, and health insurance, Nova Seguros provides peace of mind and financial protection to its customers.
8. Vizza Insurance Broking Services Pvt. Ltd.
- Website: vizzainsurance.com
- Headquarters: Chennai, Tamilnadu, India
- Founded: 2013
- Headcount: 51-200
Vizza Insurance is an online insurance broker that offers a range of insurance policies to protect individuals and businesses. Their offerings include house insurance, health insurance, shopkeepers policy, commercial insurance, life insurance, claim assistance, media library, and more.
9. Cosmos Insurance Brokers LLC
- Website: cosmosinsurance.com
- Headquarters: Dubai, Dubai, United Arab Emirates
- Founded: 1990
- Headcount: 51-200
Cosmos Insurance is a leading insurance company in the UAE, offering a wide range of insurance products including motor insurance, life insurance, medical insurance, home insurance, travel insurance, yacht insurance, and commercial motor insurance.
10. Gateway Insurance Broker LLC
- Website: gatewayinsurance.ae
- Headquarters: Bur Dubai, Dubai, United Arab Emirates
- Founded: 2008
- Headcount: 51-200
Gateway Insurance Brokers is one of the largest insurance brokers in the UAE, offering a wide range of insurance services including vehicle/car insurance, medical insurance, property insurance, business insurance, group life insurance, keyman insurance, life insurance, travel insurance, retirement plan, and child education plan.
11. Capstone Insurance
- Website: capstoneinsurance.ae
- Headquarters: Dubai, Dubai, United Arab Emirates
- Headcount: 51-200
Capstone Insurance is an insurance company that offers a wide range of insurance products including motor insurance, life insurance, medical insurance, general insurance, and travel insurance. With a commitment to excellence and innovative digital solutions, Capstone provides customers with peace of mind and financial security.
12. Medicare Advisors Insurance Group LLC
- Website: mymedicareadvisors.com
- Headquarters: Elizabeth, New Jersey, United States
- Headcount: 51-200
MyMedicareAdvisors is a national marketing organization offering insurance products related to Medicare such as supplemental, Advantage, and Part D plans.
13. Maddox Insurance Group
- Website: maddoxinsurancegroup.com
- Headquarters: Franklin, Tennessee, United States
- Founded: 2010
- Headcount: 51-200
Symmetry Financial Group is a licensed organization that provides life insurance solutions, including mortgage protection, term life insurance, critical illness insurance, disability insurance, retirement protection, and final expense insurance from over 30 top carriers.
14. Crestone
- Website: 303sfg.com
- Founded: 2016
- Headcount: 11-50
303sfg.com offers life insurance solutions including mortgage protection, disability, retirement protection, term life, and more. They provide personalized coverage to fit any budget with access to over 30 top carriers.
15. TopLine Life Insurance
- Website: toplinelife.com
- Headquarters: Pottstown, Pennsylvania, United States
- Founded: 2019
- Headcount: 11-50
TopLine Life Insurance is a fully transparent agency partnering with reputable life insurance companies in the country to provide the best policies for their clients. They offer term life insurance, single premium life insurance policies without medical exams, college tuition assistance, estate planning, and final expense insurance among others.
16. Life Simpli
- Website: lifesimpli.com
- Headquarters: Oakville, Ontario, Canada
- Founded: 2021
- Headcount: 11-50
Life Simpli is an online platform that allows customers to compare and apply for life insurance policies from various insurance providers.
17. EDGAR Life Insurance Agency
- Website: edgarlifeinsurance.com
- Headquarters: Miami, Florida, United States
- Founded: 2021
- Headcount: 51-200
EDGAR Insurance Agency offers life insurance policies to customers in various states, with a focus on customer-oriented policies that cater to individual needs and budgets. The agency prides itself on offering cheap life insurance policies without compromising on quality or coverage.
18. Set for Life Insurance
- Website: setforlifeinsurance.com
- Headquarters: Greenwood Village, Colorado, United States
- Headcount: 11-50
Set for Life Insurance is a client insurance brokerage established in 1993, offering life, long term care, and disability insurance. They represent most major insurance carriers and offer comprehensive discounts for professionals including physicians, dentists, veterinarians, and business owners.
19. Trustpoint Insurance, LLC
- Website: trustpointins.com
- Headquarters: Bristol, Virginia, United States
- Founded: 2006
- Headcount: 11-50
Trustpoint Insurance is an insurance company providing a range of insurance products and services to individuals and businesses. They offer personal auto, homeowners, life, and Guantanamo auto insurance programs.
20. Access Life Insurance LLC
- Website: accesslifeinsurance.com
- Headquarters: Tewksbury, Massachusetts, United States
- Founded: 1991
- Headcount: 11-50
Access Life Insurance provides life insurance policies to customers to ensure the financial security of their dependents in case of their untimely death.
21. Max Life Insurance Company Limited
- Website: maxlifeinsurance.com
- Headquarters: Gurugram, Haryana, India
- Founded: 2000
- Headcount: 10001+
- Latest funding type: Corporate Round
Max Life Insurance Company Limited offers life insurance plans to secure the future of individuals and their families. They provide coverage for critical illnesses and offer term insurance plans with a maturity benefit. They also offer investment and savings plans to help grow wealth and meet financial goals.
22. Bajaj Allianz Life
- Website: bajajallianzlife.com
- Headquarters: Pune, Maharashtra, India
- Founded: 2001
- Headcount: 10001+
Bajaj Allianz Life is an insurance company that offers a variety of insurance policies, including ULIP plans and term insurance. Their policies provide financial protection for individuals and their families in the case of unfortunate events. They also offer investment plans that allow for long-term capital accumulation and appreciation. Bajaj Allianz Life aims to help individuals achieve their life goals and secure their loved ones' futures.
23. Symmetry Financial Group
- Website: sfgspieldenner.com
- Headquarters: Asheville, North Carolina, United States
- Headcount: 11-50
Spieldenner Financial Group is a financial services company that provides protection to mid-market families from unexpected financial losses due to critical illness, disability, unexpected death, and economic downturns through life, disability, and critical illness insurance policies.
24. Barnes Family Agency
- Website: barnesfamilyagency.com
- Headquarters: Forest Hill, Maryland, United States
- Headcount: 11-50
Barnes Family Agency offers life insurance solutions including mortgage protection, disability, retirement protection, and term life among other options.
Want to find more single premium life insurance companies?
If you want to find more companies that offer robust, single-premium life insurance products you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.
With Inven you'll also get to know the company's:
- Ownership: Which of these are private equity backed? Which are family-owned?
- Contact data: Who are the owners and CEO's? What are their emails and phone numbers?
- Financials: How do these companies perform financially? What are their revenues and profit margins?
...and a lot more!
