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2025

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Best Life Insurance Companies in Silver Spring, MD

Our Recommended Top 9

We did the research for you!

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Our goal is to connect people with the best local professionals. We scored Silver Spring 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.

3363Reviewed

2021Curated

9Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Best Life Insurance Companies Serving Silver Spring
11161 New Hampshire Avenue, Silver Spring, MD 20904

Expertise.com Rating

Review Sources

Google
5.0 (105)
Facebook
5.0 (23)

Why choose this provider?

Universal Insurance Group is a team of independent insurance agents serving the Silver Spring area. Its insurance professionals work with different insurance carriers to help clients find the best possible coverages for life, health, auto, and home insurance plans. Their life insurance products cover fixed annuities, mortgage protection, individual life insurance, and final expense insurance. Principal agent and founder Daniel Alvarez has been in the insurance industry for over 10 years. He serves in the board of directors of GIFT, a nonprofit assisting families.

  • Life Insurance
  • Health Insurance

Best Life Insurance Companies Serving Silver Spring
12118 Heritage Park Circle, Silver Spring, MD 20906
Visit WebsiteLicense: 5198

Expertise.com Rating

Review Sources

Facebook
5.0 (20)
Google
4.0 (2)

Why choose this provider?

Brown Insurance Group, Inc., works with multiple carriers to provide business and personal solutions in and around Silver Spring. The company carries life insurance options, such as whole, universal, and term life insurance policies, and guides clients in selecting which types suit their financial goals. Its insurance professionals offer coverage for long-term care, renters, properties, and casualties, including surety bonds. In addition, their license covers Virginia and Washington D.C. Brown Insurance Group has been in the insurance industry since 1995.

  • Life Insurance
  • Whole Life Insurance
  • Term Life Insurance

Best Life Insurance Companies Serving Silver Spring
1700 Elton Road, Silver Spring, MD 20903
Visit WebsiteLicense: 100052553

Expertise.com Rating

Review Sources

Google
5.0 (11)
Yelp
5.0 (3)

Why choose this provider?

Gomez Insurance Co, Inc., is an independent agency that has been serving Silver Spring and other communities in Maryland for over 15 years. It helps clients select insurance solutions that meet their coverage needs and long-term goals. Its life insurance products include term, whole, and universal life insurance as well as mortgage protection insurance. The agents from this company also assist businesses in acquiring builders' risk, cargo, cyber liability, commercial property, general liability, and liability insurance policies.

  • Life Insurance

Best Life Insurance Companies Serving Silver Spring
1021 University Boulevard East, Silver Spring, MD 20903
Visit WebsiteLicense: 3000299737

Expertise.com Rating

Review Sources

Google
4.0 (27)
Facebook
5.0 (3)

Why choose this provider?

American Preferred Insurance LLC is an independent agency located in Silver Spring, serving clients in the metro area. The firm offers a range of personal and business lines, including life insurance. Clients may select between term life, whole life, or universal life insurance programs to protect their families in unexpected events. Some of its other products are home, auto, business, and commercial property insurance. Jorge Guzman, the firm's principal agent, has been in the industry since 2004.

  • Life Insurance
  • Health Insurance

Best Life Insurance Companies Serving Silver Spring
13975 Connecticut Avenue, Silver Spring, MD 20906

Expertise.com Rating

Review Sources

Google
3.0 (9)
Facebook
5.0 (2)
Yelp
5.0 (1)

Why choose this provider?

Bethesda General Insurance is an insurance company that has been servicing Silver Spring for more than 50 years. It offers life insurance that can be utilized for different purposes, such as creating an inheritance for beneficiaries, paying federal or state taxes, increasing savings, and creating a charitable contribution fund. Additionally, term and permanent life insurance options are available. Its team of independent agents specializes in personal and commercial lines of insurance. They are fluent in English and Spanish.

  • Life Insurance

Best Life Insurance Companies Serving Silver Spring
East Randolph Road, Silver Spring, MD 20904
Visit WebsiteLicense: 1851

Expertise.com Rating

Review Sources

Google
4.0 (50)
Facebook
5.0 (16)
Yelp
3.5 (3)

Why choose this provider?

Harders Financial Group, Inc., is a life insurance firm that serves Silver Spring. The agency offers various life insurance options, such as term, whole, and universal life insurance. Its team of insurance professionals is committed to providing clients a tailored approach, depending on their personal needs. The team is led by Barbara Harders, an insurance professional who likes using simple words when discussing insurance with clients to help them clearly understand the entire process.

  • Life Insurance

Best Life Insurance Companies Serving Silver Spring
10014 Colesville Road Suite B, Silver Spring, MD 20901
Visit WebsiteLicense: 3000863258

Expertise.com Rating

Review Sources

Facebook
5.0 (4)
Google
4.0 (3)
Yelp
1.0 (1)

Why choose this provider?

Silver Spring-based R. Labbe Insurance Agency is an independent boutique agency that offers a full range of insurance services. Among the products it offers is life insurance, and its agents help clients pick the right kind of life insurance, such as term insurance and permanent insurance. The agency represents multiple preferred and standard insurance carriers, providing customers with a variety of coverage options. R. Labbe Insurance Agency also conducts policy reviews that seek to guide policyholders in understanding their coverage.

  • Life Insurance
  • Health Insurance

Best Life Insurance Companies Serving Silver Spring
1031 Cresthaven Drive, Silver Spring, MD 20903
Visit WebsiteLicense: 1927

Expertise.com Rating

Review Sources

Google
3.0 (5)
Yelp
5.0 (1)

Why choose this provider?

Omega Insurance Agency, Inc., is a family-owned brokerage offering a range of risk management solutions to clients in Silver Spring. These include health and life insurance and coverage for homes, automobiles, special events, and businesses. The brokerage has been in the industry since 1983, and it works with multiple insurance carriers to give clients various programs that match their needs. Its co-founder, James P. Crassas, has a master's degree in counseling and previously worked as a teacher. He can speak English and Greek.

  • Life Insurance
  • Health Insurance

Best Life Insurance Companies Serving Silver Spring
11120 New Hampshire Avenue, Silver Spring, MD 20904
Visit WebsiteLicense: 14616

Expertise.com Rating

Review Sources

Google
5.0 (4)

Why choose this provider?

Charles Baum is an agent running an insurance office in Silver Spring. He helps clients with several insurance lines, including life, health, homeowners’, auto, and personal articles insurance. He offers whole life, term life, and universal life insurance options for various purposes. Charles employs a team to address inquiries and concerns responsively over the phone. He is fluent in English, Vietnamese, and Spanish. Seven members of his staff also speak Spanish.

  • Life Insurance
  • Health Insurance

Compare our Top Life Insurance Companies

NameExpertise RatingAddressPromotionsLearn more
Universal Insurance Group
11161 New Hampshire Avenue, Silver Spring, MD 20904
Brown Insurance Group, Inc
12118 Heritage Park Circle, Silver Spring, MD 20906
Gomez Insurance Co, Inc.
1700 Elton Road, Silver Spring, MD 20903
American Preferred Insurance LLC
1021 University Boulevard East, Silver Spring, MD 20903
Bethesda General Insurance
13975 Connecticut Avenue, Silver Spring, MD 20906
Harders Financial Group, Inc.
East Randolph Road, Silver Spring, MD 20904
R Labbe Insurance Agency
10014 Colesville Road Suite B, Silver Spring, MD 20901
Omega Insurance Agency, Inc.
1031 Cresthaven Drive, Silver Spring, MD 20903
Charles Baum
11120 New Hampshire Avenue, Silver Spring, MD 20904

Silver Spring, MD Life Insurance FAQs

  • How long does it take to receive payment for a life insurance claim in Silver Spring?

    Life insurance companies in Silver Spring should send the money to the beneficiaries within 30 days of receiving proof of death. If the claim is not settled within 30 days, the money from the life insurance will start to earn interest, which the insurance company must also pay to the beneficiaries.

  • What does it mean if your life insurance policy in Silver Spring is already fully paid up?

    It means that your Silver Spring life insurance policy has received enough payments or built up enough cash value to pay your premiums for the rest of your life. You will not be required to pay premiums anymore unless you take some of the cash value that was supposed to pay for the premiums. If your cash value is not enough to cover the premiums, you may have to start paying again.

  • Will your life insurance policy in Silver Spring lapse if you miss paying a premium?

    Not right away. Before your policy ends, you will have 30 days to pay the late premium. Section 16-202 of the Maryland Code says this is the case. Your insurance will still cover you during this 30-day grace period. If you do not pay the premium by the end of the period, the Silver Spring insurance company may be able to cancel your policy.

  • What happens if the sole beneficiary and the insured pass away together in a car crash in Silver Spring?

    In cases where two people die at the same time, Maryland law says that the insured person lived longer. Since there are no living beneficiaries, the money from the life insurance will go to the insured's estate and go through probate. On a life insurance policy, it is best to name a contingent beneficiary. If the policy has a contingent beneficiary, the money would go to them if both the insured and the primary beneficiaries died in the Silver Spring car accident.

  • Is it possible for you to reclaim control of the life insurance policy purchased by your ex-spouse in Silver Spring during your marriage, now that your ex-spouse's financial interest in it has been removed by the divorce?

    No, unless the divorce decree states otherwise, your ex-spouse retains ownership of the policy. The validity of insurable interest in Silver Spring is determined during the policy purchase. If the insurance was purchased during your marriage, your ex-spouse has a valid insurable interest. You can negotiate directly with your ex-spouse to transfer ownership of the policy to you.

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