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Best Life Insurance Companies in Maine

Our Recommended Top 13

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Our goal is to connect people with the best local professionals. We scored Maine life insurance companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

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13Top Picks

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Providers

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Best Life Insurance Companies Serving Maine
Maine
Visit WebsiteLicense: 5813774

Expertise.com Rating

Why choose this provider?

Life insurance is crucial, particularly for breadwinners looking to secure their family's financial future. Cedar Hill Financial Group, LLC, provides counsel on all aspects of life insurance, including the terms and conditions of each policy. Emerging as one of the most trusted financial advisors in Maine, the firm educates clients on their insurance options, empowering them to make well-informed financial decisions. Whether clients are saving for college, diversifying portfolios, investing for the first time, or preparing for retirement, these advisors meet them at every stage of their financial journey. With a nationwide presence, Cedar Hill Financial Group prioritizes clients' best interests at all times.

Best Life Insurance Companies Serving Maine
Maine

Expertise.com Rating

Review Sources

Google
4.4 (14)

Why choose this provider?

Trask Insurance is an independent family-owned agency that provides its services to the residents of Maine. It crafts life insurance plans and other products for the protection of clients and their assets. These include policies for homeowners, renters, and different types of vehicles, including mobile homes and snowmobiles. Trask Insurance was founded in 1938 and is a third-generation company. It works with over 22 regional and national carriers, including Allstate, American Modern, and Eastern Alliance.

  • Life Insurance

Best Life Insurance Companies Serving Maine
Maine

Expertise.com Rating

Review Sources

Facebook
5.0 (65)
Google
4.9 (35)

Why choose this provider?

F.A. Peabody Insurance has been providing risk management solutions in Maine for over 90 years. It offers various personal insurance products, including term or whole life insurance, to help individuals and families prepare for life's unforeseen events and maintain financial stability. Individual and group healthcare policies are also available. F.A. Peabody Insurance has offices in 10 different towns in Maine. Max Lynds, the vice president of the life and benefits division, is a registered health underwriter and a life and annuity certified professional.

  • Life Insurance
  • Health Insurance

Best Life Insurance Companies Serving Maine
Maine

Expertise.com Rating

Review Sources

Google
4.5 (11)

Why choose this provider?

Skowhegan Insurance Agency Inc. is a life insurance company serving the citizens of Maine. The company provides life and health insurance, including annuities, long-term care, Medicare Advantage, and annuities. Additionally, it offers flood, home, vehicle, and umbrella insurance through its team. The professionals also provide business insurance, including property coverage, workers' compensation, business owner's policy and commercial auto plans. Other services include tax preparation and notary public. The insurance agency has been serving its customers since 1981.

  • Life Insurance
  • Health Insurance
  • Long Term Care

Best Life Insurance Companies Serving Maine
Maine

Expertise.com Rating

Review Sources

Facebook
4.7 (35)
Google
5.0 (10)

Why choose this provider?

Quirk Insurance serves customers in Maine who require life plans. These insurance options cover the loss or disability suffered by clients and provide safety nets for families and beneficiaries. Commercial non-life choices are available, such as liability, employee benefit, and special events policies. Quirk Insurance is an independent agency led by Bob Quirk, who is himself an agent. He opened the agency in 1973 and also owns the Quirk Auto Group with his four brothers.

  • Life Insurance

Best Life Insurance Companies Serving Maine
Maine

Expertise.com Rating

Review Sources

Google
4.9 (21)
Facebook
5.0 (13)

Why choose this provider?

Pinkham Insurance is a Farmingdale-based firm that offers its products and services within Maine. It helps clients with creating life insurance plans that provide financial stability and coverage for educational, domestic, and business endeavors in the wake of a family member's untimely passing. It partners with a wide range of carriers, from MetLife, Hartford, Progressive, and The Andover Companies. The firm also works alongside the Rogers, Peoples, and Champoux Insurance Agencies in providing comprehensive products for individuals and families in the local region.

  • Whole Life Insurance

Best Life Insurance Companies Serving Maine
Maine

Expertise.com Rating

Review Sources

Google
5.0 (6)

Why choose this provider?

BroGue Insurance & Financial Services is a Bangor-based agency that caters to people across Maine. It partners with a variety of carriers—ranging from Liberty Mutual and Progressive to Allstate and Bristol West—to offer life insurance products to individuals. It also assists businesses seeking to obtain life policies for their employees. For clients aiming to cover valuable items like guns, jewelry, and computers, the agency provides insurance services. It is a family-owned enterprise that has been in the industry for more than 30 years.

  • Life Insurance

Best Life Insurance Companies Serving Maine
Maine

Expertise.com Rating

Review Sources

Facebook
5.0 (19)
Google
4.6 (17)

Why choose this provider?

All Points Insurance is an independently owned and operated agency delivering risk management solutions to individuals and families in Maine. The agency partners with multiple life insurance carriers to assist clients in choosing from various plans such as term or whole life plans and annuities. Its agents design policies based on individual needs and goals and help with renewing policies and reviewing coverages. All Points Insurance is a multi-generational business that supports the local community through its All Points Community Hockey Scholarship Fund.

  • Life Insurance

Best Life Insurance Companies Serving Maine
Maine

Expertise.com Rating

Review Sources

Google
4.5 (19)
Facebook
5.0 (10)

Why choose this provider?

Kimball Insurance, LLC, caters to individuals, families, and businesses in Maine. It provides insurance products such as life, flood, and personal umbrella policies. The family-oriented firm also offers coverages for homes, condominium units, mobile houses, rental properties, automobiles, and recreational vehicles. Its team of insurance professionals additionally handles group health, long-term care, and disability plans. Kimball Insurance is affiliated with companies like Allstate, Bristol West, Foremost, MetLife, and Travelers. Some of its agents have over three decades of industry experience.

  • Life Insurance

Best Life Insurance Companies Serving Maine
Maine

Expertise.com Rating

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Facebook
5.0 (15)
Google
4.5 (11)

Why choose this provider?

For more than 100 years, Howard Insurance Agency has been serving Maine-based business owners, employees, and individuals. The office provides personal lines of insurance products, such as life, long-and short-term care, umbrella liability, dental, special events, and boats and yachts. As an independent company, Howard Insurance Agency works with several carriers, like Union Mutual, Patriot Insurance Company, The Hartford, and National General, to source personalized insurance packages. It also handles commercial policies, including employment practices liability, surety bonds, and business auto and fleet coverage.

  • Health Insurance
  • Life Insurance

Best Life Insurance Companies Serving Maine
Maine

Expertise.com Rating

Review Sources

Google
4.4 (14)

Why choose this provider?

Since its establishment in 1969, The Foster Agency has provided Maine families, business owners, and farmers with life, agricultural, commercial, and personal insurance products through The American National Insurance Company. It tailors term, whole life, and universal life insurance policies based on an individual's current and projected expenses. In addition, the company develops financial plans for the post-secondary education of a client's children and creates a policy that secures the dependent's future source of income.

  • Life Insurance

Best Life Insurance Companies Serving Maine
Maine

Expertise.com Rating

Review Sources

Facebook
5.0 (13)
Google
4.5 (11)

Why choose this provider?

HB Insurance is an independent agency and a family-owned business that serves customers in the Maine area. The life insurance company provides individuals, families, and employees with health care options such as short and long-term disability, dental, and individual life policies. Its advisors also assist clients in identifying the right coverage that will meet their needs from the various personal and commercial line products they offer. HB Insurance has been in the industry since 1928.

  • Life Insurance

Best Life Insurance Companies Serving Maine
Maine

Expertise.com Rating

Review Sources

Google
4.2 (22)

Why choose this provider?

Allen Insurance Financial is an employee-owned company that serves individuals and businesses in Maine. It delivers a variety of risk management solutions for life and health needs. It also provides multiple personal policies for automobiles, homes, and valuable items. In addition, the firm covers commercial insurance products that protect assets and employees. The independent agency demonstrates its support to its community by conducting workshops in areas of its expertise. One of its agents, Meesha Luce, has been offering life insurance plans since 2016.

  • Life Insurance

Compare our Top Life Insurance Companies

NameExpertise RatingAddressPromotionsLearn more
Cedar Hill Financial Group, LLC
Maine, MEContact Us
Trask Insurance
3 Main Street, Maine, ME 04463
F.A. Peabody Insurance
29 North Street, Maine, ME 04730
Skowhegan Insurance Agency Inc.
108 Madison Avenue, Maine, ME 04976
Quirk Insurance
377 Hogan Road, Maine, ME 04401
Pinkham Insurance
8 Almar St, Maine, ME 04344
BroGue Insurance & Financial Services
328 Harlow Street, Maine, ME 04401
All Points Insurance
309 South Main Street, Maine, ME 04412
Kimball Insurance, LLC
91 Main Street, Maine, ME 04479
Howard Insurance Agency
P.O. Box 228, Maine, ME 04930
The Foster Agency
20 Bangor St, Maine, ME 04330
HB Insurance
56 Main Street, Maine, ME 04963
Allen Insurance Financial
34 Elm Street, Maine, ME 04843

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Maine Life Insurance FAQs

  • What are the potential consequences of concealing information on a life insurance application from Maine insurers?

    The possible consequences for hiding information from Maine insurers on a life insurance application are that the policyholder may jeopardize their coverage, and the plan may be canceled or denied renewal. If they file a claim, the insurer has the right to refuse payment if the concealed information is "material," which means that knowledge of such information could affect the willingness of the insurance company to offer them insurance.

  • What is a cash value Maine life insurance?

    When you first buy cash value life insurance in Maine, the rates are higher than when you purchase term insurance for the same amount. The insurance company invests the money above the insurance cost to allow it to accrue monetary value. This may be used for various purposes, such as purchasing additional insurance, helping pay for personal expenses, or borrowing the money as a loan.

  • How can Maine‚Äôs bureau of insurance help life insurance policyholders?

    Maine’s Bureau of Insurance helps policyholders by serving as the government agency that regulates the state’s insurance industry. It handles consumer complaints and offers licensee lookup to help shoppers confirm if a company has a state license before they purchase a product. This agency has a database that contains guides on life insurance, viatical, and annuities that help consumers have better-informed options.

  • Who benefits from the life insurance policy locator service provided by NAIC in Maine?

    Maine residents who believe they may be a beneficiary of a deceased loved one’s life insurance policy may benefit from the locator service provided by the National Association of Insurance Commissioners. They can request a policy search, and participating insurance firms will send the necessary information to authorized individuals such as designated beneficiaries.

  • Can Maine life insurance policyholders name multiple beneficiaries?

    Yes, Maine life insurance policyholders may name multiple beneficiaries if they want to. No legal restrictions exist regarding this, and companies also do not impose such restrictions. They only require that the beneficiaries should have an insurable interest in the policyholder, meaning they should be a child, spouse, business partner, or the like. In addition, the policyholder should specify the amount that each of them will receive.