Life insurance companies take a lot of factors into consideration before making the final judgment call of offering one a life insurance plan. However, it is also important that one reviews affordable life insurance, what the plan entails, the time period it is associated with, and many other factors and only then make a decision. While the insurance companies make a decision for you on the basis of your age, health status amongst many others you can choose these companies on the basis of stability, coverage details, the quotes they offer etc. Here are some of the best life insurance companies in the market and the different ways through which they stand to be the best:

• TIAA Life: This has been one of the best options available for quite some time given its price and convertibility to affordable whole life insurance. It has the best rates in the market for non-smokers of all ages, for all term limits and coverage amounts. The company is known to offer the term life insurance coverage in increments of 5 years from 10 to 30 years. The best quality of this choice is that one can convert his term plan to a permanent one during any time in the duration of the term plan.
• New York Life: Unlike TIAA Life, this company, New York Life, allows one to choose any term plan between 10 to 20 years without the need of any increments. This removes a lot of constraints and allows you to plan your insurance in a better way by offering affordable term life insurance policies. However, the convertible term insurance offered is a little more expensive that TIAA.
• Transamerica: The point where this company stands out is not particularly related to the quotes offered or any of the policy practices but instead best term life insurance quotes for its tobacco users. There are good chances that one will immediately be placed in a high-risk category if one is a smoker but that doesn’t seem to be the case with this company.