Founded as an auto insurance company in 1922, State Farm is now one of the largest life insurance providers in the U.S., with $1.1 trillion in policies in force. Terms: 10 years, 20 years or 30 ...

Standout benefits: The company has no-exam policies that pay out as much as $3 million. (You'll still need to answer some health questions.) Best for seniors: Ethos ...