Montana’s life insurance laws are governed by Title 33 of the Montana Code.
- 10-day free look period (MT Code Ann. 33-15-415)
- 30-day grace period (MT 33-20-104)
- Insurers must pay claims within 30 days, which can be extended to 60 days if the insurance company makes a reasonable request for more time to review (MT 33-18-232); Claims that take longer than 30 days to settle are subject to interest (MT 33-20-114)
- Guarantees up to $300,000 for lost death benefits and $100,000 for lost cash surrender value (source)
Keep in mind that life insurance laws are very similar from state to state (for example, Nebraska’s life insurance laws and Nevada’s life insurance laws are nearly identical to those of Montana).
How Much Is A $10,000 Whole Life Policy In Montana?
The table below shows the rates by age of $10,000 of whole life insurance in Montana.
| Age | Male | Male (Smoker) | Female | Female (Smoker) |
|---|---|---|---|---|
| 20 | $15.06 | $17.07 | $14.21 | $15.91 |
| 25 | $15.88 | $18.31 | $14.70 | $17.21 |
| 30 | $17.28 | $20.13 | $16.67 | $19.36 |
| 35 | $19.15 | $22.06 | $17.75 | $21.34 |
| 40 | $21.26 | $24.83 | $19.88 | $23.79 |
| 45 | $23.87 | $28.48 | $22.47 | $27.33 |
| 50 | $28.06 | $33.59 | $25.23 | $31.66 |
| 55 | $32.19 | $40.46 | $28.34 | $36.77 |
| 60 | $38.74 | $46.94 | $32.97 | $42.47 |
| 65 | $48.45 | $57.82 | $41.51 | $50.84 |
| 70 | $60.26 | $71.58 | $53.17 | $60.19 |
| 75 | $97.73 | $133.47 | $71.23 | $95.30 |
| 80 | $134.43 | $181.97 | $98.38 | $135.64 |
| 85 | $187.80 | $257.80 | $132.52 | $192.60 |
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Best Life Assurance In Billings
Billings, often recognized as Montana’s largest city, serves as a vibrant urban center amidst the natural beauty of Big Sky Country. It stands as a gateway to the breathtaking Yellowstone River, providing a unique blend of stunning outdoor experiences and urban conveniences. Known for its rich history, cultural diversity, and a strong sense of community, Billings showcases a thriving arts scene, diverse culinary options, and an array of shopping destinations. Its economy is robust, buoyed by sectors like healthcare, energy, and agriculture, making it a dynamic place to live and work. With its picturesque landscapes, including the iconic Rimrocks that offer panoramic views of the city, Billings is a compelling destination for adventurers, families, and professionals alike, blending the charm of the West with the promise of growth and opportunity.
| Life Insurance Agency | Address | Phone |
|---|---|---|
| ISU Streeter Brothers Insurance | 644 Grand Ave Ste 1 | +14062520551 |
| Anvil Insurance | 1629 Avenue D Suite C2 | +14062593828 |
| Diana Larson – State Farm Insurance Agent | 3202 Henesta Dr J | +14066564764 |
| Jackson & Iverson Insurance | 2619 St Johns Ave # C | +14066561660 |
| Leavitt Great West | 2345 King Ave W suite e | +14062524104 |
| Thurston Family Insurance, LLC | 223 Shiloh Rd #6 | +14065340133 |
| Jeff Keil – State Farm Insurance Agent | 935 Grand Ave | +14062456381 |
| Karen Smith – State Farm Insurance Agent | 2500 Grand Ave M | +14066510610 |
| Bonnie Dedmore – State Farm Insurance Agent | 405 Main St suite d | +14062488088 |
| Farmers Insurance – Caeden Stidham | 2750 Old Hardin Rd Unit J | +14065340960 |
| Nathan Lee – State Farm Insurance Agent | 3133 Central Ave #4 | +14066566405 |
| Bankers Life | 1350 Avenue C | +14062481166 |
| Farmers Insurance – Charles Miller | 1211 Grand Ave #1 | +14068392020 |
| Farmers Insurance – Jason Ascheman | 520 Wicks Ln #9 | +14062599795 |
| Farmers Insurance – Angela Stiller | 2646 Grand Ave Ste 3 | +14062948226 |
| Farmers Insurance – Daniel Clevidence | 4 32nd St W C | +14062949111 |
Best Coverage In Bozeman
Bozeman, nestled in the heart of Montana’s Rocky Mountains, serves as a gateway to adventure and discovery. Known for its breath-taking landscapes, this vibrant city is a haven for outdoor enthusiasts, offering unparalleled access to skiing, hiking, and fishing. With Montana State University at its core, Bozeman boasts a lively cultural scene, brimming with art galleries, museums, and a wide array of culinary delights. Its blend of small-town charm and the spirit of exploration makes Bozeman a unique destination for both residents and visitors alike.
| Life Insurance Agency | Address | Phone |
|---|---|---|
| Superior Agencies Insurance | 1735 W Oak St unit d | +14065519532 |
| Big Sky Insurance Lanphear Agency | 821 W Mendenhall St | +14065865449 |
| Veltkamp Agency Inc. | 2620 W Main St | +14065864853 |
| John Mc Kenna Jr Insurance | 1711 W College St Suite B | +14065875166 |
| Prudential | Jeff Eubank | Life Insurance & Financial Services | 469 Sir Arthur Dr | +14065858402 |
| Lessley Wendy | 1276 N 15th Ave #202 | +14063441207 |
| Marsh McLennan Agency | 1105 E Main St | +14065863351 |
| BenefitRiver | 1276 N 15th Ave | +14068135230 |
| Comparion Insurance Agency | 4575 Valley Commons Dr Suite 203 | +14066026220 |
| Farmers Insurance – Duane Vinger | 4055 Valley Commons Dr Ste B | +14065855453 |
You Won't Find A Lower Rate
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Best Policies In Butte
Butte, nestled in the heart of Montana, stands as a vibrant testament to the rich tapestry of American history, particularly during the mining boom era. Once hailed as “The Richest Hill on Earth,” Butte’s landscape is punctuated with historic mining sites and architectural remnants that echo its prosperous past. Today, Butte prides itself on its resilient community, cultural diversity, and a strong sense of heritage, offering visitors a unique blend of outdoor adventure and historical exploration. From the World Museum of Mining to its lively St. Patrick’s Day celebrations, Butte is a city that continues to honor its past while embracing the future.
| Life Insurance Agency | Address | Phone |
|---|---|---|
| Ori & Associates Insurance | 1667 Dewey Blvd | +14064942728 |
| Goldberg John R | +14064904817 | |
| Mile High Insurance | 3354 Harrison Ave | +14064942474 |
| Rocky Mountain Medicare | 2821 Lexington Ave | +14065654433 |
| PayneWest Insurance | 49 N Main St | +14067237365 |
| Mike Paffhausen – State Farm Insurance Agent | 1500 Harrison Ave | +14065654363 |
| Collins Advantage Agency LLC | 2537 Harrison Ave | +14067821107 |
| Rocky Mountain Insurance | 1601 Harrison Ave | +14067234900 |
| Farm Bureau Financial Services | 3341 Harrison Ave | +14067825212 |
| Leo McCarthy – State Farm Insurance Agent | 15 Discovery Dr | +14067233285 |
| Marsh McLennan Agency | 3475 Monroe Ave | +14064948000 |
| Lacey Agency | 501 Garden Ave | +14062993616 |
| Jim Lynch – State Farm Insurance Agent | 600 Dewey Blvd | +14064943300 |
| Farmers Insurance – Cindy Cochran | 1619 Grand Ave | +14062992525 |
| Farmers Insurance – Rachel McMillan | 2312 Harrison Ave | +14067828745 |
| Northwestern Mutual | 465 E Galena St | +14065874254 |
Best Life Cover In Great Falls
Great Falls is a picturesque city located in the state of Montana, United States. Known for its stunning natural beauty, it is nestled along the Missouri River, which adds to its enchanting landscape. The city earns its name from the five magnificent waterfalls in the nearby area, offering breathtaking scenery and plenty of opportunities for outdoor recreation. Great Falls is rich in cultural history, with numerous museums, including the Lewis and Clark National Historic Trail Interpretive Center, highlighting its significant past. Its vibrant community, coupled with its beautiful parks, hiking trails, and fishing spots, makes Great Falls an ideal destination for nature lovers and those seeking a peaceful yet adventurous escape.
| Life Insurance Agency | Address | Phone |
|---|---|---|
| Prudential|Harry Brauer|Life Insurance & Financial Services | 21 3rd St N | +14067882931 |
| Advantage Insurance Agency LLC | 207 Smelter Ave NE #2nd | +14064522956 |
| DeEtte Weber Agency/Farm Bureau Insurance | 21 3rd St N #2a | +14064535612 |
| Cogswell Insurance Agency | 800 9th St S | +14067615000 |
| Goosehead Insurance | The Houston Agency | 8 5th St N | +14064149752 |
| Jo Bridgeford Insurance Agency | 300 15th St S Ste 9 | +14064526695 |
| Aflac Insurance Agent: Kari Schalin | 1324 Central Ave W suit 13 | +14067501469 |
| Marsh McLennan Agency | 405 3rd St NW 3rd floor | +14067611160 |
| Woith Insurance Agency Inc – Aflac Insurance Agent | 914 20th St S | +14067272006 |
Best Life Insurance In Missoula
Nestled in the heart of Montana’s scenic northern Rockies, Missoula is a vibrant city that strikes a perfect balance between its rich cultural heritage and its bustling contemporary lifestyle. Often referred to as the “hub of five valleys,” Missoula is surrounded by stunning natural beauty, with the Clark Fork River running through the city, creating a picturesque backdrop for its many outdoor activities. From the world-renowned Missoula Art Museum to the historic Wilma Theatre, the city is a hub for artists and performers, offering a diverse range of cultural events throughout the year. Missoula is also home to the University of Montana, adding a youthful vibrancy and fostering an environment of education and innovation. Whether you’re kayaking in the summer, hiking the nearby trails, or enjoying the charming downtown area, Missoula offers a unique blend of wilderness and urban life that captivates residents and visitors alike.
| Life Insurance Agency | Address | Phone |
|---|---|---|
| Guardian Life Insurance Co-America | 1014 South Ave W suite a | +14067286699 |
| Jeremy L Belcourt Insurance Agency | 1014 South Ave W C | +14065505600 |
| Sterling Insurance | 410 Expressway | +14065433894 |
| Robert E Rowe Insurance | 530 N Orange St | +14067215888 |
| Winn Insurance Solutions | 3819 Stephens Ave S #301 | +14067217320 |
| William “Heath” Root at Comparion Insurance Agency | 3010 Santa Fe Ct | +14064176417 |
| Taylor Jensen at Comparion Insurance Agency | 3010 Santa Fe Ct | +14065432404 |
| Riley Jones, Bankers Life Agent | 320B Expressway | +14065416751 |
| Brittany Lockhart, Bankers Life Agent | 320B Expressway | +14065416751 |
| Marie McMahon, Bankers Life Agent | 320B Expressway | +14065416751 |
| Jamie Adams – New York Life Insurance Company | 1806 South Ave W | +14064990212 |
| Amber Hanson, Bankers Life Agent | 320B Expressway | +14065416751 |
| Missoula Insurance Advisors | 1923 E Broadway St | +14068808996 |
You Won't Find A Lower Rate
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Top Life Insurance Companies In Montana
For the residents of the great state of Montana, we at GetSure recommend three carriers: Transamerica, Aetna, and Mutual of Omaha.
Transamerica
“Immediate Solution” Whole Life Insurance
| Policy Type | Whole Life |
|---|---|
| States | All except NY |
| Ages | 0 – 85 |
| Coverage | $1,000 – $50,000 (varies by age) |
| Duration | Lifelong |
| Waiting Period | No |
| Rate Lock | Yes |
- Very low prices
- No medical exam
- Flat, never-increasing premiums
- No waiting period
- Underwriting has become stricter (e.g., no insulin)
- Coverage limited to $25,000 for older applicants
Mutual of Omaha
“Living Promise” Whole Life Insurance
| Policy Type | Whole Life |
|---|---|
| States | All except NY |
| Ages | 45 – 85 |
| Coverage | $2,000 – $50,000 |
| Duration | Lifelong |
| Waiting Period | No |
| Rate Lock | Yes |
- Excellent customer service
- No medical exam
- Flat, never-increasing premiums
- No waiting period
- Moderately strict underwriting
Aetna
“Protection Series” Whole Life Insurance
| Policy Type | Whole Life |
|---|---|
| States | All except AK, CA, DC, HI, MA, ME, MN, NY, ND, SD, WA |
| Ages | 45 – 89 |
| Coverage | $2,000 – $50,000 (varies by age) |
| Duration | Lifelong |
| Waiting Period | No |
| Rate Lock | Yes |
- Lenient underwriting
- Shortest application, industry-wide
- Automated underwriting (approval potentially in minutes)
- No medical exam
- Flat, never-increasing premiums
- N/A
