Charles Schwab Logo
star star star star star_half
3 User Reviews
LAST UPDATED: August 20th, 2021

Charles Schwab is an investment company that works with wealth management. It was founded in 1971.

Charles Schwab offers term, whole, and universal life insurance policies from other life insurance carriers. Its online quote calculator is a useful research tool for consumers.

Top Ranked Companies

thumb_up

The Good

  • Term and Permanent Life Insurance Options
  • Online Quote Calculator

Term and Permanent Life Insurance Options

Charles Schwab offers term and permanent life insurance policies.

Term policies are available in 10, 15, 20, and 30 year increments. Term policies often have lower premium rates that are consistent throughout the length of the term.

Charles Schwab offers two kinds of permanent life insurance policies: whole life and universal life. These permanent policies build cash value over time that can be used at any time or it can be paid out with the death benefit.

Whole life policies have a consistent premium, whereas universal life policies have an adjustable premium.

Online Quote Calculator

Charles Schwab has two calculators on its website: a life insurance need calculator and a quote calculator.

The needs calculator allows consumers to estimate the amount of life insurance they should buy.

The quote calculator provides premium quotes for term policies based on state, age, gender, health, and term length.

thumb_down

The Bad

  • Not All Polices Are from Charles Schwab

Not All Policies Are from Charles Schwab

Schwab provides customers with quotes from other life insurance carriers. When choosing a policy through Charles Schwab, be sure to research the company that owns the policy to ensure that it is financially strong and able to meet its claims.

gavel

The Bottom Line

For customers seeking life insurance quotes, term policies, or permanent policies, Charles Schwab is a great resource.

Because not all of the policies available are through Charles Schwab, consumers should also research the company they purchase a life policy with.

View Best Life Insurance Companies

Was this content helpful?
thumb_up Yes thumb_down No

Star Rating

4.7

star star star star star_half

3 Reviews

Review Breakdown

5 grade

67%

4 grade

33%

3 grade

0%

2 grade

0%

1 grade

0%

Sentiment Criteria

Value

star star star star star_half

Quality

star star star star star_half

Service

star star star star star_half

Trustworthiness

star star star star star_half
cancel

Filter by:

arrow_drop_down

Sort by:

arrow_drop_down
info
We couldn't find any matches for your request. Click here to try again.

We're on a mission to empower consumers to make the best decisions and connect confidently with companies that deserve their business.

© 2021 BestCompany.com LLC - All rights reserved Privacy Policy | Terms | Do Not Sell My Personal Information