Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

9 top life insurance stocks to buy in 2024

Ready to invest in the insurance industry? Learn how to invest in life insurance stocks in just a few steps.

The best life insurance stocks depend on your portfolio and investment goals — while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.

The top insurance stocks included on this page all trade on the S&P 500, have an analyst recommendation of "Buy" or better and are sorted by year-to-date performance.

  1. Aflac Incorporated (AFL)
  2. Lincoln National Corporation (LNC)
  3. MetLife (MET)
  4. Primerica (PRI)
  5. Globe Life (GL)
  6. Brighthouse Financial (BHF)
  7. Atlantic American Corporation (AAME)
  8. Independence Holding Company (IHC)
  9. CNO Financial Group (CNO)

Our top broker picks

Alternative pick for crypto trading

Go to site
  • $0 commission trading
  • Instant withdrawals with a 1.75% fee
  • Supports 250+ cryptocurrencies
  • High-yield account earns up to 4.65% APY
Terms apply. Cryptoassets are highly volatile. Your capital is at risk. Available in the US, CA, UK and AU

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

Top pick for advanced traders

Go to site
  • Trade options, futures, options on futures, stocks, ETFs
  • $0 commission to close options
  • Pro-grade platform and risk analysis tools

Top pick for best mobile experience

Go to site
  • Trade $0 commission stocks, ETFs, and options with as little as $1
  • After-hours trading available
  • Earn 4.5% interest on uninvested cash with Gold
  • 24/7 customer support

How to invest in life insurance stocks

  1. Choose an online stock trading platform. Choose from our Top Picks above, use our comparison table below or jump straight to the best stock trading apps of 2024.
  2. Sign up for an account. Provide your personal information and sign up.
  3. Set up a funding method to pay for the transaction. Deposit funds into your account by linking your banking information.
  4. Choose the stocks you want to buy. Search for the stock by name or ticker symbol like AFL or LNC.
  5. Place your order. Buy the stock. It's that simple.

Take a deeper dive into life insurance stocks

If you're interested in investing in the insurance industry, take a closer look at what companies in this industry do and how the stocks have historically performed. Keep in mind that positive past performance doesn't guarantee that a stock will continue to rise in the future.

1. Aflac Incorporated (AFL)

Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. The company operates through Aflac Japan and Aflac U. S. segments.

Aflac Incorporated stock opened the day at $102.52 after a previous close of $101.25. The latest price was $100.37 (25-minute delay). Aflac Incorporated is listed on the NYSE, has a trailing 12-month revenue of around USD17.3 billion and employs 12,785 staff.

  • Market capitalization: $55,758,348,288
  • P/E ratio: 14.9138
  • PEG ratio: 0.93

Back to top


2. Lincoln National Corporation (LNC)

Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates in four segments: Life Insurance, Annuities, Group Protection, and Retirement Plan Services. The Life Insurance segment provides life insurance products, including term insurance, universal life insurance (UL), indexed universal life insurance, variable universal life insurance (VUL), linked-benefit UL and VUL products, and critical illness and long-term care riders.

Lincoln National Corporation stock opened the day at $30.42 after a previous close of $30.70. The latest price was $31.00 (25-minute delay). Lincoln National Corporation is listed on the NYSE, has a trailing 12-month revenue of around USD$13.5 billion and employs 11,024 staff.

  • Market capitalization: $5,203,978,752
  • P/E ratio: 21.3636
  • PEG ratio: 1.24

Back to top


3. MetLife (MET)

MetLife, Inc. , a financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide. It operates through six segments: Retirement and Income Solutions; Group Benefits; Asia; Latin America; Europe, the Middle East and Africa; and MetLife Holdings.

MetLife stock opened the day at $79.86 after a previous close of $80.11. The latest price was $81.36 (25-minute delay). MetLife is listed on the NYSE, has a trailing 12-month revenue of around USD$71.3 billion and employs 45,000 staff.

  • Market capitalization: $54,555,770,880
  • P/E ratio: 15.9817
  • PEG ratio: 0.1381

Back to top


4. Primerica (PRI)

Primerica, Inc. , together with its subsidiaries, provides financial products and services to middle-income households in the United States and Canada. The company operates in four segments: Term Life Insurance; Investment and Savings Products; Senior Health; and Corporate and Other Distributed Products.

Primerica stock opened the day at $266.05 after a previous close of $267.09. The latest price was $271.50 (25-minute delay). Primerica is listed on the NYSE, has a trailing 12-month revenue of around USD$3.1 billion and employs 2,849 staff.

  • Market capitalization: $8,913,167,360
  • P/E ratio: 13.388
  • PEG ratio: 1.05

Back to top


5. Globe Life (GL)

Globe Life Inc. , through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States. The company operates in four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments.

Globe Life stock opened the day at $106.00 after a previous close of $105.91. The latest price was $109.39 (25-minute delay). Globe Life is listed on the NYSE, has a trailing 12-month revenue of around USD$5.7 billion and employs 3,636 staff.

  • Market capitalization: $8,766,387,200
  • P/E ratio: 8.85

Back to top


6. Brighthouse Financial (BHF)

Brighthouse Financial, Inc. provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off.

Brighthouse Financial stock opened the day at $46.43 after a previous close of $46.63. The latest price was $47.99 (25-minute delay). Brighthouse Financial is listed on the NASDAQ, has a trailing 12-month revenue of around USD$4.9 billion and employs 1,500 staff.

  • Market capitalization: $2,728,517,120
  • PEG ratio: 0

Back to top


7. Atlantic American Corporation (AAME)

Atlantic American Corporation, through its subsidiaries, provides life and health, and property and casualty insurance products in the United States. It operates through American Southern and Bankers Fidelity segments. The company offers property and casualty insurance products, including commercial automobile insurance coverage for state governments, local municipalities, and other motor pools and fleets; general liability; and inland marine insurance products.

Atlantic American Corporation stock opened the day at $1.51 after a previous close of $1.51. The latest price was $1.48 (25-minute delay). Atlantic American Corporation is listed on the NASDAQ, has a trailing 12-month revenue of around USD$186 million and employs 154 staff.

  • Market capitalization: $32,639,680
  • PEG ratio: 0

Back to top


8. Independence Holding Company (IHC)

Independence Holding Company, through its subsidiaries, engages in health, pet, and life insurance businesses. The company's dental portfolio includes indemnity and PPO plans for employer groups of two or more lives, and for individuals; vision plans that offer a flat reimbursement amount for exams and materials; and short-term medical products for people with temporary needs for health coverage. It also provides supplemental products, including hospital indemnity, fixed indemnity limited benefit, critical illness, accident medical coverage, and life insurance products; pet insurance; and occupational accident insurance products, such as accidental death, accident disability, and accident medical benefits for occupational injuries to employees of companies.

Independence Holding Company stock opened the day at $0.00 after a previous close of $0.00. The latest price was $0.00 (25-minute delay). Independence Holding Company is listed on the NYSE, has a trailing 12-month revenue of around USD$439.3 million and employs 550 staff.

  • Market capitalization: $841,467,584
  • P/E ratio: 7.988
  • PEG ratio: 0

Back to top


9. CNO Financial Group (CNO)

CNO Financial Group, Inc. , through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, insurance products, and financial services for senior and middle-income markets in the United States. It offers Medicare supplement, supplemental health, and long-term care insurance policies; life insurance; and annuities, as well as Medicare advantage plans to individuals through phone, online, mail, and face-to-face.

CNO Financial Group stock opened the day at $35.84 after a previous close of $36.02. The latest price was $36.78 (25-minute delay). CNO Financial Group is listed on the NYSE, has a trailing 12-month revenue of around USD$4.5 billion and employs 3,500 staff.

  • Market capitalization: $3,690,753,792
  • P/E ratio: 14.304
  • PEG ratio: 1.58

Back to top

Bottom line

While it’s possible to turn a profit investing in life insurance stocks, keep in mind that — like any investment — life insurance stocks are not immune to risk. These stocks are subject to fluctuating conditions — both in the market and in the insurance industry, so carefully vet your picks before you invest. And if you’re new to investing, or if it’s been awhile since you’ve taken a critical look at your investing accounts, compare brokers to make sure you’re getting the best features in your trading account.

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

More guides on Finder

Ask a question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site