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Which major company has relativly cheap life insurance for young people?

Which companies traditionally have low rates for term life insurance for young people. I'm 24 and my wife is 25. We want to get 300,000 each. Neither of these answers answered my question.

Public Comments

1. There are many articles that state that it is a financial mistake to ove insure yourself. Make sure you are not doing this. Think about your beneficiaries - do they really need $300,000 if you pass? Figure out what your debts are. And figure out how much your dependents will need to live without your income Google: How much life insurance do I need calculator If you don't have children, and both of you work - you may not need a lot of insurance If you ever get insurance - get it trough work (this will be term insurance) If you can't get it through work, make sure the company is reputable. And get term And be careful with salesmen - they will con you into whole life, cash value insurance - do not fall for this con game
2. Huntsman is right. Except don't just get life insurance only through work because if you become disabled or unemployed you will lose that coverage. You should get a separate policy too. I agree with the rest.
3. In response to your additional details - that is because nobody here CAN answer your question since we don't have all the facts. The company that has the lowest rates in one state will be different than the company that has the lowest rates in a another state and may not even be available in a third state. The company that has the lowest rates for smokers will be different than for non smokers. If you have weight or health issues the company that's lowest for you will be different than if you didn't have these issues. Contact a local agent that works with several major companies for more help. There is no charge using an agent.
4. All companies offer low rates for young healthy people.
5. Life insurance costs are based on the health condition of the proposed insured. If the insured smokes, is obese, or has health problems, then the company may charge more. Also depends on whether you want a 10 year term policy (meaning rates remain constant for that time and then can increase). If you get a decreasing term, then the rate remains the same, but the face value decreases. That said, you may find a company that will allow you to carry the other as a rider on the primary insured. I'd recommend Prudential, New York Life, or Mutual of Omaha - since each can afford the risk - risk you dying sooner than expected. If you have children, I hope you'll consider a rider that will cover all, and ask for a waiver of premium (meaning you won't have to pay premiums during the time of illness or inability to pay).
6. ANY major company - and there are HUNDREDS out there - will offer very low rates to people as young as you are, as long as you're healthy and she's not pregnant. The question is, which companies operate in YOUR state, which you didn't mention. Look, shopping by brand name is kinda silly. For what you want - 20 year level term - your best bet is to go to an independent broker, who can whip out quotes for you from 30 different companies, really quickly. It's fine to shop just based on price, from any carrier A rated or better, for the exact same product. Keep in mind, most insurance companies don't advertise heavily so you probably haven't HEARD of them - that doesn't mean they're not financially strong and perfectly safe to buy from. There's no "traditionally" low rate, and no company has the LOWEST rates for EVERYONE. And there's no shortcut. To find the best rate for you, you have to shop around.