Best Life Insurance Companies in the US - Life Insurance Explained

So you have decided that you want to purchase a life insurance policy but still wrapping your head around the commonly used terms, conditions and which insurance company would be the most suitable for your needs? A decent life insurance policy may one day be essential for your family’s financial stability. Stick around and I will help you make up your mind and provide you with an overview of different life insurance plans and the best life insurance companies in the US.
First thing is first. A life insurance policy is a binding contract between an insurance company and a policyholder where the policyholder pays regular premiums in exchange for the insurance company paying a death benefit to the plan's beneficiaries. The beneficiaries are the recipients of the death benefit if the insured person dies.
The life insurance policy you purchase may be sufficient to replace your previous income and cover other costs your family members may face such as funeral expenses, college tuition fees and even taking care of an old family member through adding riders to the policy. Riders are provisions that offer additional benefits in exchange for an additional cost. Riders enable the customization of the life insurance policy in a way that is most suitable to the policyholder and sustaining the future of their families.
Before we get into the best life insurance companies in the US, let me help you with your homework and pin down some key terms that you must know before going forward with your plan to purchase a life insurance policy in the US.

Websites:
https://www.prudential.com/
https://www.statefarm.com/
https://www.newyorklife.com/
https://www.northwesternmutual.com/
https://www.transamerica.com/individual/
https://www.mutualofomaha.com/
https://www.usaa.com/?akredirect=true